Cardano provides second chance before altseason starts

15 ago

Hello traders,

Cardano price declined on over 60% since March and lost almost all gains for the past year.
Currently ADA is trading at very attractive price levels for long term buys.

Considering that there might be new altseason coming soon I think that it's good time to buy ADA in mid or long term as it can repeat recent growth above 0.8 level easily.

The main buying area located at 0.25 price level but I'm not sure if ADA drops there unless BTC will test 50k area again. If this happens then it will be perfect buying opportunity but even current levels are great for long term.

For the bulls it's important ADA to break 0.4 resistance level and hold above.
If this happens then we can expect continuation of the rise.

Please, do not forget to boost this idea and leave your comments below, thanks.

23 ago

Nota

ADA price has increased on almost 20% in recent days and is approaching crucial resistance at 0.4 level.
If ADA price manages to break that resistance then road to the next resistance at 0.46 level will be opened.
Let's see how it goes.

27 sept

Nota

ADA price managed to break 0.4 resistance and currently is trading above it.
ADA price already rose above previous high hence making higher high.
This is bullish sign and in order to continue its uptrend ADA need to stay above 0.4 level.

10 nov

Operación cerrada: objetivo alcanzado

After prolonged consolidation Cardano price increased on almost 80% in last 5 days breaking out from all resistance areas.
If ADA price manages to hold above $0.6 area then we might expect move to $1 level soon.