#ADA/BTC ( Many exchanges )
Buy Range : 1174-1200
Stop Loss : Daily close below 1090 ( Short-term ) / Not Recommend for Long-Term/Investors
Target 1 : 1480
Target 2 : 1926
Target 3 : 2745
Target 4 : 4100 ( Long-term / Holding )
Target 5 : 5000 ( Long-term / Holding )
4 H CHART :
– Big Volume Spotted
– Ichimoku Cloud broken
– Ema20 and MA200 just crossed
– Candles closed above moving averages
– CCI green and extending it
– RSI is overbought ( we can expect pullback in short-term)
DAILY CHART :
– Daily Candle is breaking into the cloud
– Being supported by EMA20/MA50
– RSI doing higher high and lower high
– MACD supporting this movement
– CCI just turned Green
– Stoch RSI supporting bullish movement
WEEKLY CHART :
– SAR 1.20% Turned positive
– Bullish reversal started after 13 Red
– This green candle is above last week candle. Very good signal
– MACD on the best point. Its near to turn positive and cross.
– RSI trying to make higher high ( on the way )
– CCI still on the red but on the way to turn into green
– STOCH RSI supporting positive movement
Cardano is a very trustable coin which is getting ready to move up after some months lossing value.
Majors coins started to move into positive way and its a very nice moment to invest and hold some gold 0.12% project coins like this.
This coin is going to be listed on Coinbase which will offer a good pump on a short-mid term ( You can take a look into ZRX or BAT )
Also, if you look into weekly chart , technically this coin have much room to increase its price. This charts looks really well.
On the short-term maybe it have to correct, so , you can buy pullbacks and catch it as cheapest possible.
Good luck !