Technical Analysis Cardano (ADA) 01/05/2018

Like some other coins, we also saw a huge run up in last few days upto 0.00009000 BTC for Cardano. Right now it is in correction and has retraced back to its 50 EMA support which is also a horizontal support. The green candle looks good and might mean that the selling has stopped and could start to rise and here. If you are looking for a entry point or a point to add more ADA, this might be a good time to enter.

Disclaimer :
This post is my personal opinion and is provided for informational purposes only. Don't consider buying or selling any crypto currency without conducting your own due diligence.