Cardano (ADA) analysis 30 April 66% Gain

in cryptocurrency •  7 years ago 

Dear Steemit friends,

It is time for ADA profit taking. I was bought ADA on April 11, 2018. I was bought at 0.00002296 and take profit at 0.00038/BTC. I get 66% profit.

You can read my previous post
https://steemit.com/cryptocurrency/@redstrawberry/gain-53-on-ada-cryptocurrency

Daily Chart

The reason for taking profit at this time is doji candle stick pattern. Doji is a reversal pattern. Doji happened when open price and close price is near or same and tail is longer than the body. Doji is indecision between bulls and bears. Rather than expecting higher price i decide to sell 8636 ADA and keep bitcoin for safe heaven crypto currency.

Weekly Chart.

For long term trading ADA still have chance to go higher. We can see the weekly chart, if we use Fibonacci retracement analysis, there is possibility to rise to level 0.000060/btc.

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  ·  7 years ago Reveal Comment

This is good information for daily traders. I would like to study the weekly chart. Thanks.

You're most welcome @pario

This comment has received a 0.31 % upvote from @booster thanks to: @pario.

to the moon!

I think “ada” is another good crypto to invest on

Yes, thanks @yourinfo for your comment

This is the first time i am hearing of this coin called Cardano (ADA) and from your analysis it seems like it's only going to get better and more profits for trading, i'm still trying to gather enough funds so i can invest in coins... I'm still contemplating on what coin i should invest in i'm sure you'd suggest ADA i'll read about it now.

Thanks for your comment @lifeofdarlington

I think it could hit a new high after proof of stake.

I took profits around same time but its still going up hope we made the right call.

Thank you for your analysis. I am a fan of ADA. Still, we need to wait for long to get good thing from ADA

This is one of my favorite coins. I bought back in October, i've been hodling ever since.

Cardano is a nice Project to invest. But atm its not the perfect time to buy.

Yes @zaxlling, thats why i make profit taking

Thank you for your advice
hopefully success always

You're most welcome @saiful292

I like your analysis :-)

Thanks

it is only the start you will see a lot more gains in the coming weeks.. with the 2 test nets coming out and the paper wallets.... it is only going to keep going up from here...

Thanks @ezimedia for your feedback. I agree with you

Great analysis, thanks for sharing. I've smashed the upvote button for you!

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hy can you tell me how does bitrexx work ??

hi @ehtisham, bittrex is cryptocurrency exchange, you can buy cryptocurrency using bitcoin and tether, so you must have bitcoin first

ohh thankyou ... one more thing how does these bots that give you upvote work i mean u get so many upvotes from them how?

Here's a good tutorial. Hope it helps.

Great work.profesional analyste be sure i am waiting for more

i am not much sure about ADA. It can move unexpetedly anytime,i think.

yes @shuvomahfuz, for all cryptocurrency we have to be ready for unexpected move, so we have to monitor daily

agree with thaat

I've invested in ADA but I'll stay there for 2 years and see what happens. Lent well.

wow thats great @krotobis, thanks for your feedback

This post has received a 15.62 % upvote from @boomerang.

Hello @redstrawberry. I must say first, you're so cute! I think ADA Cardano is a good investment. I have some of it and it's all profit so far. Trading can really be a good hobby :)

You got a 92.27% upvote from @brandonfrye courtesy of @rosecute!

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Hi redstrawberry,

Nice going on this trading in making 66% trade profit.

I am a new follower.

thanks @hanamana, i have followed you back

I bought Cardano before the Dump at January 2018. But i think Cardano will be one of the rising Stars on Cryptomarket 2018. We will see :)

Yes I hope so

Yah! ADA is raising a bit more.
It's value was below 30 cents in Feb-March season.
Now it has more chances to double the price on current value.
As per the crypto market cap Cardano is in Top 6 in the list with around $340 Million Cap.
It's value is raising more & having more chance to reach $1 soon in 2K18.
Current Value on Crypto Market is around 35 Cents.

Congratulations @redstrawberry!
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Your analysis is good. some points has confused.

Thanks for your feedback

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Another

DQmZ9Fs6q4MQA4YChapfaGY8DHj2KjPC4YAGfxxYV48KnJd.png

In Making

Thanks @mahfuz42

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Nice analysis, very good:)
Check my pls, last analysis and tell me, what you think.
Thank you.

Hi @dodred, thanks for your feedback, i have followed you back and upvote your analysis, great job

Help me to level up

Hi @steemch i have followed you and vote your post

hopefully the fore rises again

yes, i hope so

very good

These candles are like magic
This is when the time interval is large

Yes great analysis @khaled4444

@redstrawberry Good investment. Cardano is on my list of daily posts, maybe you're interested. Last screen recording and data can be found here.

thanks @bullhashbear for your feedback, i have followed you

@redstrawberry, I follow you too now.

very very good post🙏🙏
thank you for share post❤
If you have time to visit my blog

hi @binam, i have followed you, please follow me back

sure❤🌷

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Great trade.

ADA is the future load up for your retirement funds

Yes thats great @crankyfingers247

Every day you learn something new about the ico

Yes @orlandog22, absolutely agree

This is a new coin, looks very interesting... Where to buy this coin?

It is not a new coin. It has market cap over billion dollar

hi @mikel2la1 you can buy this coin at bittrex, binance, gate.io

lovely and simple TA--i just followed you and made an upvote!

YW.gif

Hi @redstrawberry I posted a similar analysis on TradingView for ADA too! I think there is still room for another move up to 4500 satoshi. Nice work

Yes, but what will Cardano Symbol ADA do ? What is its purpose ?

Call me old fashioned,and well yes at near age 92 you could be right!,but I wouldn't invest without knowing how it will benefit trade, industry,the public ,or whatever!

Bitcoin I understand will be for purchasing everyday goods.Ethereum for effecting contracts for business.Ripple for facilitating foreign exchange transactions. And so on.

Is Cardano going to be one of the apparently thousands of cryptos that are just price trading opportunists ?

Upvoted & Following

Hi @ijavee,

Thanks for your feedback, i am not promoting ADA, I see the opportunity and take it. Cardano is better for their wallet Daedalus and their innovation, they create their own platform. If they have made investment on their development they will expand their project and make their cryptocurrency useful

Thank you.I will follow the Cardano price.

Does anyone know about CLOAKCOIN? Any infos or something?

Hi @thesecondone, sorry I only trade top 25 market capital, based on coinmarketcap

  ·  7 years ago Reveal Comment
  ·  7 years ago Reveal Comment