• Cryptocurrencies: 3202
  • Markets: 20816
  • Market Cap: $204230896618.39
  • 24h Vol: $50597026656.777

ADA: Resurgence

ADA or Cardano has seen great highs as a result of the Coinbase listing. Recently, ADA has crashed through several key support levels on both the 6H and 1D HTF.

There will be a key resurgence following both the continued decrease of Bitcoin and Ethereum. To counteract both of these falls and have less than a 3% drawdown. Nouvive through their partners, Aeries Labs has tested the Cerebellum Criteria on ADA.

The green entry level box will be the only entry, within it we will see Dollar Cost Averaging, nonetheless, there will be a stop loss just below the box. If it goes below this, all support levels would have been defeated – meaning ADA has now become a lost cause.

Enter 50%: 0.00001674

Enter 50%: 0.00001700

Take Profit 100%: 0.00002521

Profit: 31%

Stop Limit: 0.00001650

Risk: 3%

Time: Middle of September

Probability – 74%

 

Nouvive: Home of Crypto Beginners, Traders & Investors. Nouvive provides Cryptocurrency trading news, Analysis and indicators for beginners, traders and investors.

Information on these pages contain speculative statements that involves risks and uncertainties. Crypto-Assets profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell. Nouvive does not in any way guarantee that this information is free from mistakes, errors or material misstatements. It does also not guarantee that this information is of a timely nature. Crypto-Assets involve risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing or trading are your responsibility alone. For more information, please view the Risk Warning Below.

Show Your Views:
  •  (0)
  •  (0)
  •  (0)
  •  (0)
328

ViFeed Indicators

Bitcoin (BTC)
$7532.99
43.00 RSI
0.40%
Buy
Ethereum (ETH)
$150.72
64.00 RSI
1.26%
Hold
XRP (XRP)
$0.23
52.00 RSI
0.72%
Hold
Tether (USDT)
$1.01
10.00 RSI
-0.45%
Buy
Bitcoin Cash (BCH)
$213.7
55.00 RSI
0.93%
Hold
Litecoin (LTC)
$45.62
44.00 RSI
0.10%
Buy
EOS (EOS)
$2.74
41.00 RSI
0.60%
Buy
Binance Coin (BNB)
$15.68
49.00 RSI
0.80%
Hold
Bitcoin SV (BSV)
$96.61
59.00 RSI
0.96%
Hold
Stellar (XLM)
$0.06
52.00 RSI
0.60%
Hold
How did you get involved in Crypto?