[ADABTC](209%) Cardano Long Term Trade

23 May 2019

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 in 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:

• 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

Buy-in:

(1) 0.00001000 – 0.00001100
(2) 0.00000900 – 0.00001000

Next support: 0.00000850

Targets:

(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%.

Namaste.

28 May 2019

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