Cardano: Today - 2019Taking a look at Cardano here on the daily chart.
If you have ever wanted to get your very own zip-lock baggie of ADA I'd say now is the best time to start accumulating. Bullish signs ahead!
We're oversold on the RSI which is good indicator by itself but in addition it looks like we're are very very close to a MACD crossover and volume is starting to flow back in. If that isn't the perfect recipe for a bullrun then I don't know what is.
Cardano 's charts are very bullish but looking pasts the charts the team behind this project is one of a kind and Cardano is overall amazing blockchain technology. Pshhh not to mention Proof of Stake will be released soon!
Ok this chart is more wishful thinking but I'll put some targets down for ADA to hit before 2019.
Targets in satoshis
9000
12,000
14,500
17000
Not expecting these target to be reached next week although that would be nice but I do think it's very doable before 2019 comes around. This current correction has definitely been painful but this is really the only coin I am long on.
Let me know what you think of Cardano
I love this crypto!
Cardanolong
Cardano is ready for big things!
Cardano BITTREX:ADABTC has suffered from a huge correction in price, and that's definitely a very good thing.
RSI shows that it is oversold and MACD lines are closer than ever, ready to show some bullish sign. We also have a falling wedge highlighted in yellow.
If everything goes how it should, be ready to open a position.
Very good coin at a very good price, guys
ADA hitting ROCK BOTTOM.Time to buy before FOMO kicks in.Hey guys,as i've seen quite a nice amount of positive feedback on my analysis,i've decided to share you my vision of ADA aswell.
After carefully positioning our Fibonacci Retracement at the exact extreme point of the graphic,i came to the conclusion that Cardano used the 236 as an almost perfect resistance,penetrated only by only 1 unexperienced ''crypto dude" that bought the FOMO and paniced.
If it happens to get under the price of 2512 sats with the full body of a candle,i would recommend you(no financial advice of course) to get out of this coin....but i highly doubt this will ever happen.
Long story short,we are still under the EMA's and the volume has increased quite significantly in the recent hours,which for me at least makes an amazing buying opportunity.
You got the graph,you got a quick description of it,if there's anything else you want to add/ask/correct,feel free to leave me a comment.
Best of luck!