Alert:: important update on Cardano (ada-btc) hi friends
cardano going on downside and it continues moving in downtrend I'm on the day chart of cardano and I can see there is lack of volume on ada chart and candles are formimg below the 20 day Ema which indicates Downside moments ichimoku cloud is also red at the moment which indicates it will hang on downside for some more days, it hangs 5 days on that strong support of 2500 sats and the bears has broken that support yesterday so it went more down and I believe it will go more down because buyers are not interested to buy even at this price so the next dump target will be 1800-2000 sats which is a very strong support and buying Ada on that strong support will gives huge returns in feature cardano is a strong technology crypto currency and we can expect 400-500% returns from Ada for 4-6 months holding
Buying Zone 1800-2000 sats
Target 400%
holding time 4-6 months
good luck...!!!
Cardanousd
ADAUSD (8h): bottom maybe reached. huge potential possible.Cardano is developing a smart contract platform. Cardano is currently at number 7. The Smart Contract approach will fundamentally change the world over the next few years. There is agreement on that. At the end of the day, only a few platforms survive. Cardano could be one of them. Currently the price is low. A token like Cardano has the potential to go back to 1 USD and much more.
Possible targets:
Fibo 0.236 ~ 0.37 USD
Fibo 0.382 ~ 0.55 USD
Fibo 0.500 ~ 0.68 USD
Fibo 0.618 ~ 0.80 USD
Fibo 1 and ATH ~ 1.26 USD
Fibo 1.618 ~ 2.00 USD
Let's see what happens. Happy trading. :-)
ADA quick 30% profit oppertunity (cardano price analysis)holding the strong support 2500-2600 sat (buying zone)
cardano roadmap update
coming up and lots of good news for cardano this month quick 30% profit opportunity
for short term sell on 30% profit because whole the market is bearish at the moment but if your holding for long term then100% profit can take out from cardano
good luck
stay bless
ADA/USD - 3/1/2018Good 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 triangle were to breakout to completion, the final price afterward would be in the negatives (which obviously isn't possible). This would mean that the volume would essentially completely die and all remaining volume would be bearish. Just holders selling off what they have before the price reaches 0. That is a very far-fetched claim to make. So, because these descending triangles still do, on occasion, break in the bullish direction, I believe this situation will show that. Along with the triangle, the price is reaching the end of its correction wave cycle. I am claiming that it is nearing the end due to the fact that the price is also consolidating now into a very tight area. The breakout of the triangle would also indicate the beginning of a new Elliott wave impulse wave cycle and the breaking of the 2/1 Gann fan indicator. This would also indicate a reversal into the bullish direction, if not just more bullish price movement.
Important Resistance Levels: 0.374, 0.450, 0.551
Important Support Levels: 0.2567, 0.208
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Written by:
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Senior Research Analyst