💟 Market Health (October-18) Money flow is continuing to push into Bitcoin to help it rise back to the top of $65000 so the money push into Altcoins will be quite slow, but the buying power of Altcoins is still very interesting because it is still pushed in even when Altcoins are falling. This shows that the accumulation of Altcoins at the moment is taking place and Altcoins can completely increase in the near future.
💟 Market Health (October-17) The buying power has decreased because the cash flow at the end of the week is usually very weak, so we may have a slight correction, this does not affect the uptrend of Altcoins.
💟 Market Health (October-16) The buying force is continuously pouring into Altcoins these days and they are having a big chance to increase sharply in the near future so let's keep accumulating Altcoins.
💟 Market Health (October-15) After a wave of good news about the DeFi, NFT and Fan token markets, buying power has returned to the market now. The current money is flowing strongly into the platform coins and this will help the market to stand stable in the near term. Let's keep accumulating coins and waiting for their pump
ADA is approaching the $2.5 zone and it is highly likely that it will not hold this zone but will fall to the $2.2 zone then it will need more time to accumulate for the next uptrend in October and November.
📈RED PLAN 🔴Buy : 2.15-2.25$. SL if B
🔴Buy : 2.44-2.56$ if A. SL if B
📉BLUE PLAN 🔴Sell : 2.44-2.56$ if B. SL if A
🔴Sell : 2.93-3.07$. SL if A
🔴Sell : 3.7-3.9$. SL if A
🟣PURPLE PLAN 🔵Buy : 2.44-2.56$ if A. SL if B
🔵Sell : 2.93-3.07$. SL if A
🔵Sell : 3.7-3.9$. SL if A
🔵Sell : 2.15-2.25$ if B. SL if A
🔵Buy : 1.76-1.84$. SL if B
❓Details 🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY & SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
Cardano (ADA) is an open-source Proof-of-Stake (PoS) blockchain network with its inception dating back to 2015. It utilizes a modified version of UTXO (EUTXO) to accommodate support for smart contracts, which is currently under development.
It is supported by three main organizations: the Cardano Foundation, IOHK, and Emurgo. They all work in conjunction to support development, promotion, and commercial adoption efforts.
Cardano’s progress of development is divided into 5 phases, which are concomitantly rolled out through a process that relies heavily on academic research and engineering best practices.
Cardano is expected to implement full support for smart contracts by the end of 2020 with the final Goguen update.