Crypto Screener Forums Cardano (ADA) Forecast – Technical Analysis Cardano (ADA) Technical Analysis – February 2018

This topic contains 1 reply, has 2 voices, and was last updated by margincall margincall 1 year, 3 months ago.

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  • #1494
    admin
    admin
    Moderator

    This is the thread for analysis on the Cardano markets in the month of February 2018.

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  • #1618
    margincall
    margincall
    Keymaster

    Lets have a look at the longer term view on the Cardano markets.

    ADA vs BTC ADABTC forecast 24 feb 2018

    The market is looking very bearish against Bitcoin, we can see a weak attempt at a bottom forming around 3000 satoshi, however not much trading volume present so support will get tested again.

    Should 3000 fail I would expect even lower prices, 2000 sat is the next support level.

    Be patient and wait for the market to show the way, some traders will be placing buy orders down as far as 1000 sat to catch any potential selloffs.

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