Cardano (ADA) BULL Flag Breakout with Strong Volume Buy Signal 50 EMA and RSI are rising nicely. Looks like the Bulls are back in control. I consider Cardano one of the best in the cryptosphere. At still less than a dollar this one has as much, if not more, potential as Bitcoin had when it cost a dollar in 2011. Cardano, https://www.cardanohub.org, built in the...
Fundamentally: This coin is experimentally you could say but potentially huge if succesfull, it has a solid team behind it, in fact, bright minds of University of Edinburgh, the University of Athens and the University of Connecticut all putting their heads toghetter to find the solution to the problems bitcoin and cryptocurrencies been having to date. ...
ADA has been experiencing extreme bullishness in the past 2 months. And I do not think it is done yet... I think we are about to move into a Wave 5 Elliott's Cycle which will put us between 10,000 - 15,000 satoshis. The rectangle at Wave 5 indicates TO ME that there was sustained growth over a longer period of time and high confidence in the coin at that...
So the huge growth of one of the most promising currencies of this year has come to an end, we will now go through a rollback in the form of wave 2, after which we will begin a very impulse movement as wave 3 of the highest wave level. We will follow the movement, sign.
looking for an entry based on breaking back through channel or a re-tested support area.
looks like the price action is using 50 EMA as support for the time being
First Target: 0.00009 Second Target: 0.00015
If BITTREX:ADAUSDT breaks this down trend we could see some mooooooonage
ADA-BTC had a very good start and has been getting a lot of attention. Here is what it looks for the short term..It is in bullish move, and can reach up to profitable levels soon. Might be a good time to set up a trade. First resistance is around 4000 sat levels. Targets are shown in the chart. Of course altcoins mostly depend on BTC movement, but ADA has shown...
After the couple of days consolidation, ADABTC is forming the triangle. We are going to trade the breakout. Upside breakout will help to reach 4100 as the first target and much more. I dnot have the visibility for more targets as we are on New ATH. Entry : Buy Now : 2930 or upto 2750, Target : 4100 Stoploss below 2700.
Verge sale is over. I hope you all got some good Verge like I did. I am hoping that Cardano is next. It is still overbought, according to the RSI. The price position is far from the MA 50. I have to believe it's going to snap back closer to the MA 50. I've placed an Entry Point at a good support zone, hoping to catch a wick. Good luck, and Merry Christmas...
We have a beautiful ascending triangle here, ADA already had a big bull run few days ago, it could be really interesting to watch the exit of the triangle closely. Don't buy before having a real buy signal (blue line)