Cardano Its about time to form at least short term bottom

25 Nov 2018

Cardano (ADA) its currently down 65% from its daily swing down. This move provides opportunity for a counter trend trade on daily chart and it will be 5 opportunity this year. Ofcourse its more depends on BTC money flow like all ALT market but there we see as well fresh lows and hodlers who traped above 6000 so there is some room for short term correction. For entry I would say need to monitor smaller time frame or take a risk and become holder till we test 0.05 cents area on Cardano. Market can extend lower so this expected as well so trade safe