Cardano (ADA) Down But Not Forgotten

in cryptocurrency •  7 years ago  (edited)

The Cardano Prise dropped further this week, and are in a bearish zone. The prise has increased the last 8 hours from $0.3 to $0.33

It has been consolidating between the demand zone ( blue area ) and the minnow reistance for the last week.

I still believe in cardano, i will just wait to buy until i see a bull spike above the minnow resistance.

Disclaimer: Trading has a high risk level and may not be suitable for all investors. Before you decide to invest, carefully consider your investment goals and risk willingness. The possibility is that you can sustain a loss of some or all of your initial investment and therefore you should not invest money that you can not afford to lose. You should be aware of all risks associated with currency trading and seek advice from an independent financial adviser if in doubt. I'm not a financial advisor and there is also no content in this article that is presented as financial advisory.

copysteemit.png

Don't miss out on my next post! Follow me @tradewonk

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Hello,
We have found that all or part of the above post may have been copied from: https://www.newsbtc.com/2018/02/23/cardano-price-technical-analysis-ada-usd-bearish-0-35/

Not indicating that the content you post including translations, spun, or re-written articles are not your original work could be seen as plagiarism.

These are some tips on how to share content and add value:

  • Using a few sentences from your source in “quotes.” Use HTML tags or markdown ">" before the quote.
  • Linking to your sources.
  • Include your own original thoughts and ideas on what you have shared.
  • It is recommended that the quotes should not cover more than 50% of the whole post. At least 50% of the content should be original.

Repeated plagiarized posts are considered spam. Spam is discouraged by the community, and may result in action from the cheetah bot.

If you are actually the original author, please do reply to let us know!

Thank You.

More Info: Abuse Guide - 2017.

Lets hope this coin survives.
0,50 $ seems reasonable if its starting to recover.

every struggle will surely produce good results according to his efforts and sacrifices. hopefully...

I have some ADA and actually haven't thought about it recently. Good to know what is happening with it, thanks.

No problem

I bought some a few days ago and am hoping it jumps just like ripple did!

after seeing your chart maybe ill get some cardano today! keep up the awesome work brother!

Thank you!

While I too am disappointed with Cardano's recent performance I remain confident it will be a good investment in the long term.

Finally ! A crypto trader who posts more than just 2 lines of text! Im a newbie to crypto. Great post, will be following with interest

Sadly, strength in the current market climate seems only to be calculable by the degree to which a coin is going down, not up. ADA seems to have taken a bigger hammering than other top20 coins which makes sense at its current level of development, it's hard for a coin to fall back on its intrinsic value when it's yet to show that value.
I think long term - once the product launches, gains users and starts real time evolution that accurately tracks user requirements via their scientific method ethos - the current prices will be considered breathtakingly cheap.

great job @tradewonk.

These days market is only giving us nightmares :/

Now you got me thinking this is the time to buy. ADA all time high was 1.20 so potential 4x. Thanks for the heads up.

Good Job Fri...

You got a 14.09% upvote from @postpromoter courtesy of @tradewonk!

Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support the development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!

A month ago, ADA was trading at .60 and now it has gone down almost half in price. I was about to buy at that price and then I forgot to buy and since then it has only gone South.

At the same time, I thought of buying BNB at $4.60 which didn't happen and since then BNB has gone only North :D

Crazy times for me

nice information u shared bro and yes u are right i am agree with u it will high if it break the zone :)
keep sharing this king of good information :)

The market is really bad this days.... It has even affected steemit too.

  ·  7 years ago (edited)

empty

I just have one question regardless the matter
why people with high SP talk about the kind soul and help of beginners here while they only use their power for self-benefit regardless others who read their content and interact with it

I like the waves @tradewonk, but since we are in such a wacky market, do you think the prolonged slump has anything to do with the lack of an actual product? Lots of ADA hype, and it shot up right around the time when the market was flush with uneducated money. I guess my question is, how do you weight market principles against intense speculation over companies with little in the means of a tangible product?

Thank you very much @tradewonk! :) ♥
Thanks for the crypto updates! :)

Congratulations @tradewonk, this post is the seventh most rewarded post (based on pending payouts) in the last 12 hours written by a Hero account holder (accounts that hold between 10 and 100 Mega Vests). The total number of posts by Hero account holders during this period was 413 and the total pending payments to posts in this category was $8585.00. To see the full list of highest paid posts across all accounts categories, click here.

If you do not wish to receive these messages in future, please reply stop to this comment.

thank you,bro...nice information.thanks for sharing this.

@upvote & @resteem done

Great work man,good analysis,keep the good work,good update

@tradewonk
I earnestly pray that this Coin will survive cuz I bought when it was $0.60 and now it has gone down below average. My money is seriously in danger.

  ·  7 years ago Reveal Comment

I am holding for the duration

@therealwolf please blacklist @tradewonk from smartsteem. He has already been caught twice by @steemcleaners and is gaming the system with excessive paid votes.

This guy is going to be the next Haejin if we don't do something now. Please, nip it in the bud.

  ·  7 years ago Reveal Comment