ADA Long Opportunity.

BITTREX:ADABTC   Cardano / Bitcoin
The price of Cardano's token adabtc has recently pulled back ~55% from its all time highs. While this may sound frightening to some of you who are new to crypto currencies, this is very normal in the space and is actually very healthy. Now the price of adabtc is at a critical junction . It can either hit resistance at the 50% or 61.8% Fibonacci retracement levels ( as seen on the graph, The 50% level is indicated by the red arrow). If it hits resistance at these levels and begins to resume its fall those adabtc holders should probably think about reducing exposure because that is a bearish technical indicator. If It breaks above these levels along with high volume it is very bullish . My price target is assuming the latter happens because that is historically how adabtc trades. Of course past performance is not indicative of future results. The price target was established by taking the previous move in adabtc after having a 50% correction or higher, and then translating it to the current price action.

How this helped Comments are encouraged I will try to respond to all of them.

If you really are feeling enriched by this content tips are encouraged. BTC wallet address is in my profile and you can always pm for any altcoin addresses.
Great TA, thank you for your efforts, JL.
greatly possible in my opinion
@thesem, Agreed. Long term I believe ada to be one, if not the, top preforming coin of 2018.
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Startseite Aktien-Screener Devisen-Screener Krypto-Screener Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden