alanmasters
Long

Cardano Turns to the Bulls [ADABTC](52% PP)

BINANCE:ADABTC   Cardano / Bitcoin
ADABTC Retraced back to 0.786 Fib. from its last bullish wave. After reaching this support level , a strong big candle started to develop.

  • With a blue line I've marked the downtrend that is being challenged right now.
  • We can see a push above EMA10 and EMA50.
  • If ADABTC can close the daily above EMA50 (magenta line), it would signal massive strength and additional bullish action can be expected from this altcoin.
  • It would move up to challenge its last peak @ 0.00001355. If this level breaks, we can look at higher targets. If this level holds, then a retrace is in place and a new analysis is needed.

Conditions for change: If ADABTC is to fall back and close below 0.00001074, it would be sending a bearish signal and additional bearish action can ensue.

We can easily trade Cardano ( ADABTC ). Here are the trade instructions:

Trade: Cardano

BUY: 0.00001075 - 0.00001125

TARGETS:

(1) 0.00001218
(2) 0.00001355
(3) 0.00001477
(4) 0.00001676

STOP: Close daily below 0.00001050.

I hope you enjoy it.

Make sure to hit LIKE.


EXCITEMENT COMES NEXT

First comes the slowness, the persistence, the work, the stalled.

Then comes the patience, it goes on and on.

Then stops the wait.

The game is on... Time To Play...

Excitement comes next!

Namaste.
Trade active
Comment: Moving up as expected. The chart looks solid, we will move to hit our targets soon.

Patience is key.
Comment: TARGETS:

(1) 0.00001218 -Reached 19-Feb. (+10.7%)
(2) 0.00001355 -Next target
(3) 0.00001477
(4) 0.00001676

Enjoy the profits.
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Alan, another to check out is ARK
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@mc_peewee, ARKBTC:

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