BINANCE:ADABTC   Cardano / Bitcoin
ADA BTC now is situated into a rising wedge which means the price are make higher highs and higher lows in the final will be a nice breakdown
Stoch is overbought and also bear cross it s confirmed
Volume going down which is a bearish sign also
RSI below neutral zone
Target of this rising wedge 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 EMA cross at 1MONTH.
It s pure informative once again.that is my vision for ada
Trade active: Wedge was broked!!
First target achieved
Trade active: Second target achieved
Trade closed: target reached: ALL targets hitted


Can Ada retrace from this level or w8 for 850
+1 Reply
@prada007, Can ada retrace for here

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.
What next ? Buy ? My position at 908
+1 Reply
@prada007, 850 is a strong support :-) but BTC will make EMA cross at 1 month which means will breakdown hard..i don t think ADA will remain above 850 sats.
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
What growth goals do you see? and why ADA sags more than others? thaks
@Elenab, Check this analysis from s still active.Every strong coin will re-test 0.618 fib resistance which in ADA case it s around 5700 satoshi.(yes yes,minim target for me to long term) and no..i m not a moonboy.

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
Your good
@prada007, Thank you
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