Cardano (ADA) - Buying Opportunity - 750%+ Profit - Long Term

Hello Guys,

This one of my favorite project in the Crypto space. Currently sitting at 5th in Coin-market-cap.

Looking into the chart, Nice and Perfect Elliott Wave formation happened.

Also, History of the chart (not much though) tells us the correction is around 65% which is exactly where we can see the Elliott Wave ends (approx.)

Buying Targets,

Target 1: 0.00003924
Target 2: 0.00003635
Target 3: 0.00003169

This is definitely a long term Hold coin.

Once we reach the Target we could see 750-1000%+ profit for long term. I will add the profit chart once the wave completed.

Thanks.

Note

Safe buying region is 0.00003500 - 0.00003924

Note

We are approaching our buying region. There is lot of support at 0.00004150. which can act as reversal too but till now there is no sign for it. MACD cross will happen in a day or two. That would be sign for our reversal.

Note

We have reached our first buying Target. Which leaves us with remaining two Target (buying).

Target 2: 0.00003635
Target 3: 0.00003169

Downtrend may continue for a while. Target 3 is little hard but possible.

Note

If you are targeting for long you can start buying in this region.

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We are falling pretty fast than expected. Now I feel, the possibility of Target 3 is high and achievable . MACD, RSI and Histogram, all showing a strong down trend.

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We almost reached our Target 2. From this point, any time reversal may happen. I believe the fall have almost came to an end. But no big signs yet. Let's see. Good luck!

Note

We reached Target 2.

One more Target to go.

Target 3: 0.00003169

Note

Decision Time. Are we gonna see reversal now or hit the target 3 and then reversal. As I mentioned earlier, Safe buying region is 0.00003500 - 0.00003924.

Note

Expecting reversal any moment from now. There was a huge support little above our Target 3.

Trade closed: target reached

We have achieved our Target 3 and Everything looks Bullish from here. May consolidate side-wise. Slowly but surely we are moving up.

srinath1908

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srinath1908