Cardano (ADA) Long-Term With Over 755% Mapped

2021年1月9日

We are looking now at one of the altcoins giant, one of the cryptocurrencies that will take over the world.

Here is the long-term chart for Cardano (ADABTC)... After the low in August 2019, prices have been growing since (higher highs and higher lows).



Also mapped on this chart, we have multiple targets all the way to 377% and 758% but there can be more on the long-term run.

Giving it a closer look, the main chart above, we can see:

• Really strong volume building up since last week.
  
• A very strong RSI on the weekly.
  
• MACD below zero but curving up (This can be taken as a bullish signal in the sense that the bullish action is yet to start; plenty of room left available for growth).
  
• Just moving above EMA10 and EMA21. This signal will confirm tomorrow when the weekly candle closes if it closes above 0.00000802 for EMA21.
  
• Reversal candle printing last week...
  

The bullish action here is just getting started.

You can find the full trade for this altcoin pair on the related trade ideas below.

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Namaste.