Cardano (ADA) Technical Analysis (Mid/Long Term Buy signal based on TA)

in #mgsc6 years ago (edited)

Hey Friends Today i am going post a buying signal of ADA Which is Totally based on Fundamental and Technical analysis..

Friends We Know that Ada is one of the best project of asia and we all trader love ada to trade in short term as well as Long term...

Now the current price of ada is 2300 satoshi or 0.161$ and the all time high price is 8344 satoshi or 1.28$..

you can see on the Chart..
adaath.PNG

Now see the Fundamental (Upcoming events)

First On is 31 July 2018 (or earlier)
IELE VM Testnet

and Second Event 30 September 2018 (or earlier)
Metaps Plus Partnership

ada.PNG

Source https://coinmarketcal.com/coin/cardano

Now Lets see Technical analysis Of ADA/BTC Bittrex

After A Long Downtrend Ada is Forming Double Bottom you can see on the Given Chart!

see Double Bottom is forming If break the neckline then it is possible to achieve again its ATH ...

Buying Signal

For short term trading Safe entry after 2500 satoshi..

For Long term Invest you can buy anytime..

Target

For short Term exit on20-30%

For mid Term 40-70%

For Long Term 70-100% or even till Ath

Note:- Invest At your own Risk.

What do you Think about Ada please let me know in the comment Section..

Liked the article? Please click here! for follow and don't forget to Upvote..

@avinashdebnath!

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ADA is one of my favorite coin, thanks to posting for ADA coin.

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Nice analysis

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Ada is my favourite coin, I am done Abigail investment in Ada. I hope it will reach the moon. Good signal

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Thanks, man for the TA💹. Cardano is definitely worth hodling.👍

long term Investment would be great.

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