ADABTC just saw a cross of the 20 day SMA above the 50 day SMA on the daily chart, despite the flash crash during yesterday's FUD bitcoin dip. This shows incredible strength in Cardano against Bitcoin, and the pattern I shared previously is still in play with a target of 2979 sats.
Showing some increase in volume as its moving above ~2200 sats w/ UCTS Buy signal..
There is also a potential trendline breakout that could lead to some continuation toward ~2700 sats (15%)
May work out 🍀🤞
Cardano Broke out of the Triangle and retested that Bearish Trendline on the Daily Time Frame
Current Price= 0.00002313
Buy Entry= 0.00002188 - 0.00002244
Take Profit= 0.00002704 | 0.00003138 | 0.00003614
Stop Loss= 0.00001949
Risk/Reward= 1:1.85 | 1:3.49 | 1:5.28
Expected Profit= +22.13% | +41.73% | +63.23%
Possible Loss= -11.97%
Estimated Gain-time= 1...
Cardano (ADABTC) is showing a very strong bounce after hitting EMA50, the retrace might be over.
Notice the low volume as the prices drop and the increase in volume as prices bounce back up.
The green volume bars are much bigger, the bulls are still around.
The MACD went below zero and is now starting to curve up.
The RSI already moved back above 50 and is now...
Cardano is a proof-of-stake blockchain network that aims to empower "changemakers, innovators, and visionaries" to effect lasting social change. The open-source project also seeks to "redistribute control from unaccountable institutions to the margins to people," resulting in a more stable, accessible, and egalitarian community.
Cardano has a price today of...
ADA is coin with one of the biggest mc from our golden altcoins list on long term. It is very good project, price is after little correction and it may be good time to buy. Our strategy says to buy in many parts - so If you are interested in this coin we advise to buy some now and then buy again later. Buying in many parts is perfect strategy to average the...
Just a quick one, I'm not going into the fundamentals because I think most of you are fully aware of the current bullishness of the market and the caliber of Cardano. I just wanted to point out the formation of this massive Head & Shoulders pattern that started forming in Jul 2018.
Wait for the the breakout & confirmation. It should do a quick 100% Vs. BTC once...
Cardano’s ADA showed strong performance this year, beating the 2018 all-time high of $1.2 and surginng even higher.
Yet in BTC terms it was slightly less impressive. In March ADA even lost 20% in BTC terms.
We’ve asked Hybrid Intelligence the following question about ADA’s near-term prospects:
“The cryptocurrency Cardano (ADA/BTC) settled at 0.00002086 BTC at...