[ADABTC](209%) Cardano Long Term Trade

Alan Masters
May 20, 2019
[mcrypto id="29363"][/mcrypto]

Cardano (ADA) Overview

Cardano is a decentralised public blockchain and cryptocurrency project and is fully open source. Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed. It is the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach. The development team consists of a large global collective of expert engineers and researchers.

Cardano is sitting at #10 on the list of top cryptocurrency projects by market cap. It remains in the Top 10 list for a long time.
This is one solid project and great to hold/trade long term.


Cardano (ADABTC) Chart Analysis

We are going to be trading Cardano (ADABTC) long term. Here I will share the different signals as to why... Let's get started.

Long term weekly chart on Binance:

[ADABTC](209%) Cardano Long Term Trade
Source: https://www.tradingview.com/x/BXWg0aNi/

  • High volume Doji at the bottom of a trend, this is a trend reversal signal if ADABTC can move up and close above EMA10.
  • Massive trading volume.
  • 90% Correction from the last bullish wave... Time to go up? Let's trade!


Cardano (ADABTC) Long Term Trade by Alan Masters


(1) 0.00001000 - 0.00001100
(2) 0.00000900 - 0.00001000

Next support: 0.00000850


(1) 0.00001300
(2) 0.00001550
(3) 0.00001720
(4) 0.00001940
(5) 0.00002180
(6) 0.00002330
(7) 0.00002580
(8) 0.00002970
(9) 0.00003250

Profits potential: 209%
(Buy-in calculated at 0.00001050)

Stop-loss: Close weekly below 0.00000800.

Capital allocation: <20%.



We are lucky, we are blessed...

Yet, we remain open to knowing that not every experience will go our way.

And we continue being lucky, being blessed, because this knowing allows us to remain pure, being thankful and grateful regardless of the day.

Maybe it took some strong hard work.

Maybe the hit was big, not small.

Whatever it is, we never give up.

Things can go bad, but it doesn't mean that we are done.

So get ready for the flight.

Please prepare the stage.

We are all a family...

Let us try again.