ADA is approaching the 2.4$, which is very strong and to conquer this zone at this period is not easy but will fall down to 2.1$ zone again or even drop sharply to 1.8$ and 1.4$. But we need to pay attention to 2.1$ zone. And when the rally starts, it could maintain to 2.8$ and 3.6$ zones

📈RED PLAN
🔴Buy : 2.05-2.15$ if A. SL if B 🔴Buy : 2.34-2.46$ if A. SL if B
📉BLUE PLAN
🔴Sell : 2.34-2.46$. SL if A 🔴Sell : 2.73-2.87$. SL if A 🔴Sell : 3.5-3.7$. SL if A
🟣PURPLE PLAN
🔵Buy : 2.34-2.46$ if A. SL if B 🔵Sell : 2.73-2.87$. SL if A 🔵Sell : 3.5-3.7$. SL if A 🔵Sell : 2.05-2.15$ if B. SL if A 🔵Buy : 1.76-1.84$. SL if B 🔵Buy : 1.37-1.43$. SL if B
❓Details
📈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 1-day candlestick is Above the zone 🅱️B : The Close price of 1-day 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 FoundationIOHK, 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.