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 at the bottom of a trend, this is a trend reversal signal if ADABTC can move up and close above EMA10.
- Massive trading .
- 90% Correction from the last 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
Profits potential: 209%
(Buy-in calculated at 0.00001050)
Stop-loss: Close weekly below 0.00000800.
Capital allocation: <20%.