Looking at ADA's chart for the first time in a couple of weeks, there are some things I like about what I'm seeing presently. It appears to have found some support and has been trading sideways on the floor for a bit.
I see a bit of an uptick in volume with one huge breakout spike in the mix (probably from a pump and dump event). Zooming in a bit closer on a 2 hour chart, I'm seeing a few spinning tops indicative of a fairly stable price point at the moment. I will be watching this one in the short term rather closely for potential short to mid-term trade to the upside.
I'd like to see the price action climb above the EMA 50 (gold line) and close a couple of candles above before entering the fray.
I haven't seen Cardano in the news recently, is there anything interresting in their timeline?
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Is it time to buy again?
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I bought some in January, it took me 1 week to be able to sell after those huge pumps... I'm happy I got completely out of ADA.
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Things look pretty grim for cardano :(
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As for the rest of crypto.
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Do you still own any?
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No. Bought it on october 1st 2017 when it was introduced on bittrex and around 2 cents. Sold somewhere during free fall. Had to lock in some gains.
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So sad...
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