Cardano (ADA) Technical Analysis 15 July 2018 - Positive Signals Cardano
Cardano is one of the most promising altcoin to buy right now. There are 3 main reasons for this:
- The price finally broke a long-term downtrend line;
- The price is forming higher lows. It may be the beginning of an uptrend;
- The gap between the short-term moving average and the long-term moving average is getting tighter. This usually means that the trend is changing.
The current price for Cardano is $0.14 and I believe that it is a good price to buy this cryptocurrency.
Indicators also show the good period of Cardano.
Follow me: @forex-intraday
Website: http://quoraforexquestions.com/
Legal Disclaimer: By viewing any material or using the information within this blog, you agree that it is general educational material and you will not hold anybody responsible for loss or damages resulting from the content provided here. Trading has large potential rewards but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in currency markets. This article is neither a solicitation nor an offer to buy/sell any financial instrument.
Trading carries a high level of risk, and may not be suitable for all investors. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading, and seek advice from an independent financial advisor if you have any doubts.
Past performance is not indicative of future results.
#bitcoin #ethereum #ripple #xrp #bitcoincash #eos #litecoin #stellar #lumen #cardano #ada #iota #tether #neo #tron #monero #dash #ethereumclassic #nem #binance #binancecoin #vechain #tezos #omisego #steemit #steem #money #life #cryptocurrency #cryptocurrencies #altcoin #altcoins #trading #invesment #investments #forex #forextrading #fx #fxtrading #fxmarket #market #finance #gold #silver #commodity #commodities #stock #stocktrading #stockmarket #facebook #fb #apple #aapl #bcd #bitcoindiamond #diamond #digibyte #dgb #spx #xau #xag #usdjpy #usd #amazon #amzn
I think Cardano will have a great rest of the year as soon as Bitcoin finishes its correction. I’m going to wait until that happens to buy, because if Bitcoin drops to $5,000 sometime in the next few weeks, it will likely drag Cardano back down to .11- .12 cents.
True. Bitcoin still represents a solid benchmark for many cryptocurrencies.
In these days, the market has been positive and Cardano has been one of the best cryptocurrencies. Today Bitcoin +1.47% and Cardano +4.99%.
I'm positive about it :)