New Giant In Crypto Revolution.
Today one of happy day to Me and My team, Congratulation to All Cardano holder.
What happens to Cardano?
Market cap: 31million (Top 5) today
price already break out Fibonacci 261.80% today.
officially this is wave 3 (minor) in making.
the highest price will go clearly to run 423.60 Fibonacci. but this is too high for ...
Cardano aka ADABtc is breaking out of its formation on the 4 hour chart. This means that the likely hood of cardano jumping another 20% or so is very likely. Of course it could be a fake out dude to the low holiday volume and the price may fall back once volume returns.
ELLIOTT WAVE PRINCIPLE TECHNICAL ANALYSIS:
The price of Cardano cryptocurrency quoted for Bitcoinia ADABTC was at an important target level, which is at 161% Fibo at 0.000066. This is the typical range of the third internal wave, so the fourth wave is now expected to be adjusted to local support at 0.000059. Nevertheless, the third wave can be further extended to...
ADA has been a pretty good earner. I started my long position when ADA was at 0.00000750 BTC. Totday, we have 285% return on investment.
There is a new wedge forming. However, this is on the 4 hour chart so there could be more volatility as ADA tries to find its local low.
ADA is following a bullish pennant form very well and I think that it has room to explode UPWARDS. Lot's of bullish and volatile indicators here with the coin looking to consolidate within the next 12-24 hours. Bollinger bands are getting very tight which looks like the price is ready to explode (this could be upwards or downwards). RSI is neutral, this is one of...
Ada, has crossed up the triangle and has a good support, I would just buy ADA and hold it for a couple of years, or sell it with 40% profits.
Hope you enjoy your profits!
After forming the FLAT BASE pattern, ADA consolidates more time than I had planned and makes a bullrun up to the price I had set as objective.
For us to take into account: ADA / CARDANO came to earn the number 6 spot in the currencies with the most market capitalization, leaving behind promising giants and currencies like DASH, IOTA, XMR and for me it will soon...
