is overbought and also bear cross it s confirmed
going down which is a sign also
below neutral zone
Target of this is 905 sats (final target) which means -8.94% from the current price
This is only informative,it s pretty complicated now to make predictions for altcoins because all depend in BTC movements which is near a strong cross at 1MONTH.
It s pure informative once again.that is my vision for ada
First target achieved
If you haven t ada at the moment,915 sats it s still a good buy,but in binance/bittrex not mex.
If and when will go below 850,buy once again,610-740 will be the bottom.
610-740 best buy for ADA
Play only in binance/bittrex because we are in capitulization phase.
Check my last BTC/USD analysis will help you to understand why ada and other cryptos will tanking hard
A very important role was shelley which means descentralization and staking oportunity,this fails,will be delayed and in my opinion it s the first reason why ada dropped too much.At this time it s in early stage and you can t build dApps in Cardano(NO USECASE AT THE MOMENT!)
This usecase will appear after Goegun mainnet launch around first half of 2019.
ADA is my bet for long term