💟 Market Health (October-20) The cash flow is still quite cautious and continues to accumulate more Altcoins in the past few days. Some Altcoins have started uptrends and rallied very strongly. We need more time for Altcoins
💟 Market Health (October-19) In this period, BTC is approaching the $64000 zone and it will take more time to conquer this zone. And in the past few days Altcoins are accumulating quite a lot but the price is still decreasing, so we can expect that in the next few days Altcoins will have rapid and strong price increases and it will be very difficult to buy these coins at good price range. Let's continue to accumulate according to our plan
💟 Market Health (October-18) Money flow is continuing to push into Bitcoin to help it rise back to the top of $65000 so the money push into Altcoins will be quite slow, but the buying power of Altcoins is still very interesting because it is still pushed in even when Altcoins are falling. This shows that the accumulation of Altcoins at the moment is taking place and Altcoins can completely increase in the near future.
💟 Market Health (October-17) The buying power has decreased because the cash flow at the end of the week is usually very weak, so we may have a slight correction, this does not affect the uptrend of Altcoins.
💟 Market Health (October-16) The buying force is continuously pouring into Altcoins these days and they are having a big chance to increase sharply in the near future so let's keep accumulating Altcoins.
The selling at 1.3$ was too weak and it could not make ADA fall anymore. So in the next few days ADA will rise back to the $1.5 or even $2 zone. In the bad case when ADA loses the 1.3$ area, the 1.1$ area is a very reliable support to buy in
📈RED PLAN 🔴Buy : 1.27-1.33$. SL if B
🔴Buy : 1.47-1.53$ if A. SL if B
📉BLUE PLAN 🔴Sell : 1.47-1.53$. SL if A
🔴Sell : 1.95-2.05$. SL if A
🟣PURPLE PLAN 🔵Sell : 1.27-1.33$ if B. SL if A
🔵Buy : 1.07-1.13$. 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.