Buy Range : 1174-1200
Stop Loss : Daily close below 1090 ( Short-term ) / Not Recommend for Long-Term/Investors
Target 1 : 1480
Target 2 : 1926
Target 3 : 2745
Target 4 : 4100 ( Long-term / Holding )
Target 5 : 5000 ( Long-term / Holding )
4 H CHART :
- Big Spotted
- Ema20 and MA200 just crossed
- Candles closed above moving averages
- green and extending it
- is overbought ( we can expect pullback in short-term)
DAILY CHART :
- Daily Candle is breaking into the cloud
- Being supported by EMA20/MA50
- doing higher high and lower high
- supporting this movement
- just turned Green
- supporting movement
WEEKLY CHART :
- SAR Turned positive
- reversal started after 13 Red
- This green candle is above last week candle. Very good signal
- on the best point. Its near to turn positive and cross.
- trying to make higher high ( on the way )
- still on the red but on the way to turn into green
- supporting positive movement
Cardano is a very trustable coin which is getting ready to move up after some months lossing value.
Majors coins started to move into positive way and its a very nice moment to invest and hold some gold project coins like this.
This coin is going to be listed on Coinbase which will offer a good pump on a short-mid term ( You can take a look into ZRX or BAT )
Also, if you look into weekly chart , technically this coin have much room to increase its price. This charts looks really well.
On the short-term maybe it have to correct, so , you can buy pullbacks and catch it as cheapest possible.
Good luck !