BINANCE:ADAUSD   Cardano / US Dollar (calculated by TradingView)
Ada seems to want to form a pattern that also appears in other Altcoins.
Waiting for the confirmation of the take-off line may be the best strategy to enter the possible rush.
For now you can also settle for the pattern I have drawn or try your luck with some more risk.
In any case, the choice how taking action with your money is up to you... because my opinion can never be an invite to invest or risk your capital but only what i think.

The best of luck!

Comments

Considerations on the Cardano project:
The Cardano project launched the possibility of staking on its testnet in December 2019, the test is coming to an end. In the next months the ADA staking will be released on its mainnet.
Personally I'm not testing the staking on the Testnet because the thing is not user frendly and needs a lot of CPU and storage resources, but I've become a full node in the mainnet already now, because I think this will benefit both the network and all ADA owners.
So, if you are interested in the project, in possession of the minimum required hardware and the necessary knowledge of the operation of a Wallet Full-Node (hierarchical deterministic), you can download the official wallet to start immediately to accumulate ADA waiting for the POS implementation for everyone with the advent of the "Shelley Era" (see the Cardano road map at: https://roadmap.cardano.org/en/shelley/).
Cardano basically has, in my opinion, many fundamental potential for growth and development in the future in addition to the technical rounding bottom that I have drawn above.
__________
For more information on the Cardano Project, please visit:

* Official Withe Paper:
https://www.cardano.org/en/academic-papers/
* Official WALLETS:
Official Mainnet wallet> https://daedaluswallet.io/en/download/
Official Testnet wallet > https://staking.cardano.org/
+1 Reply
Thanks for this chart! It holds up well!
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JokerIII Gaengphed
@Gaengphed, 👍
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