Cordano
ADA to 1.024$ by August !!For people followed up my last ADA trade , we have bought at a killing point 0.337 and sold around 0.37 near to high. i informed you later to stay tuned for next trade.
This post is a long term prediction for ADA.
Just save this chart and look at it each week, if the price is still inside our channel then our targets is still on.
Sure we can sell and buy many times until we reach our target but buying the low is the best trade.
For me, this trade is very nice compared to BTC for example.
Because BTC targets is around 20K while the best buy point may be around 8500 (See my last post about BTC)
So if target achieved then profit = 20/8.5 = 2.35
But this trade is as following
Buy zone 0.25 ~ 0.275 and the big target = 1.024
So profit = 1.024/0.26 =~ 4 approx.
Because of that if i will invest 1000$ then i will invest 700 in ADA and 300 in BTC.
The game in crypto isn't to buy any coin and get profit, it's about buying the most profitable coins
for now be prepared for buying ADA by 10th of May @ the mentioned price zone
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I got some messages asking me to analyze more alts,
I will tell you something.
I am almost analyzing most alts in market but i only post the trades like that which has a very low risk compared to the profit
and the one that has a high probability of achievement from my point of view.
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Questions are welcome
ADA targets hasn't achieved yet Here are the ADA Technical analysis using Gann method.
In the markets like that most calssic technical analysis fail to predict the correction point but our method is more accurate
I expect a small correction from 0.38 ~ 0.4 till 0.337 ~ 0.34 which may be a great point to buy for a target of 0.52
I will take that trade as following:
I will sell if the price touched the marked point or reached to that time (marked with dots. NO SL, If the price continued to go up, i will sell another 50% @ 0.433 with SL of 2 up candles above 0.433)
TP will be @0.337 ~ 0.34.
If it touched the 0.337, i will close the sell position and open another buy position @ 0.377 to achieve the target of 0.52 and SL = getting out of marked triangle.
Many people may see my method is complicated because there is no defined SL but this is the secret. you have to work with the chart.
My method consider the time factor with price so i wait for a specific price and a specific time to decide the entry point.
Have a nice day full of profit
ADA/BTC flat base again. up for another run?ADA is having the same flat base that it had before. Might go up for another run!!
Dont forget:
This is only my opinion, make of it what you wish.
it's not advice or recommedation to buy or sell anything! Its only meant as a informative or entertainment purposes only.
Cordano continues to consolidate - 12-10-17ADA continues to consolidate at support levels. Unfortunately, there's not a lot of room between here and 0. With the great story that Cordano has to tell, I would think that the bulls would step in and buy this up at firesale prices.
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Disclaimer: This post is for educational purposes only. Trading is at your own risk.