Good morning, Traders! Cardanos price has recently broken out of a smaller descending triangle to create this longer-term one. Most descending triangles have a very high chance to break bearish rather than bullish. Although, due to the magnitude that this break will entail, I don't believe holders and supporters of this coin will allow that to happen. If the...
Hi ADA holders ! TECHNOLOGY ADOPTION NEED LOG SCALE I have decided to look more at logarithmic scale, because it make much more sens in the term of technology adoption that the classical linear scale. I remind you that technology adoption grow with a sigmoidal curve, and the growth in this curve is exponential. So logarithmic scale make all sens with blockchain...
Let's start by saying Cardano is a good solid coin, and I think it is a common believe. ADA went through a big jolt of Eliot Wave that started mid December 2017 and reached a peak on January 5th. after the dust settled it was left quite used and abused to lick its wounds, and i do believe it is now coming to. It looks like an accumulation zone, so everybody - stock up!
Looking to be tightening up, could be interesting if it can keep momentum and Vol. incoming. This is by no means investment advice of any kind. GMTK
The Cardano Prize dropped further against US dollars and bitcoins. ADA / USD is currently well below $ 0.3500 and in a bearish zone but have increased the last 8 hours from $0.3 to $0.33. The ADA prize is struggling to recover, and it recently fell below $ 0.332 against US dollar. There is a large drop channel that resists $ 0.3205 on the ADA / USD pair...