Cardano is a decentralised public blockchain and cryptocurrency project and is fully open source. Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed. It is the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach. The development team consists of a large global collective of expert engineers and researchers.
Cardano is sitting at #10 in the list of top cryptocurrency projects by market cap. It remains in the Top 10 list for a long time. This is one solid project and great to hold/trade long term.
Cardano (ADABTC) Chart Analysis
We are going to be trading Cardano (ADABTC) long term. Here I will share the different signals as to why… Let’s get started.
Long term weekly chart on Binance:
High volume Doji at the bottom of a trend, this is a trend reversal signal if ADABTC can move up and close above EMA10.
Massive trading volume.
90% Correction from the last bullish wave… Time to go up? Let’s trade!