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maheswar81
May 24, 2018 4:59 AM

ADA has potential to grow 600% why? Long

Cardano / BitcoinBittrex

Description

Hello Friends,

Well, we had big rollercoaster rides recently in alts, there are talks everywhere that BTC can fall to sub $4000 levels.

So play safe.

The ADA trade is interesting one, it is forming an Ascending triangle in the weekly, currently the price is on the Triangle support.

You know very well about the Fundamentals of ADA, you can read more about the Roadmap here:

cardanoroadmap.com/

And 5 major Mainnet release. Well, ADA's aim is to decentralize the Mainnet

ethereumworldnews.com/5-major-mainnet-launches-to-mark-on-your-calendar-trx-eos-zil-ven-ada/


"Another exciting project that has kept the crypto-verse anxious in terms of when the MainNet version will be available to the public, is Cardano (ADA). The current roadmap states that the MainNet version was released on the 29th of September last year. However, the MainNet is currently only available to trusted nodes run by the Cardano Foundation, IOHK and Emurgo.

Also on the ADA roadmap, is the Shelley project that aims to decentralize the MainNet. The features of Shelley will be released sometime in Q2 and Q3 this year. The first release will involve the delegation and stake pool testnets. Users will be able to delegate their stake, or to act as stake pools and have stake delegated to them."

Check my signature, use the recommended for Trailing sl and Targets. It is worth a try.

Comment

Move your sl to cost +1

Comment

Trade closed: stop reached

sl hit
Comments
Maximilian108
that is a pennant, not an ascending triangle. it can break either up or down.
maheswar81
@Maximilian108, Not disagreeing.

Yes Pennant can break either way, You can either buy now or the breakout, you have the sl as well. What is your point?

Any pattern can break on either side, you can trade the breakout.
captainilya
I don't think for 600% because when it exploded in December 2017, it was very special crypto situation with BTC & CO
maheswar81
@captainilya, it is the pattern, sl and Targets. In rypto world, anything can happen. Just play safe mate.
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