ADA DAILY ANALYSIS

in Trading Lounge3 years ago

Previously I thought to make notes here on HIVE.


So starting my personal note keeping without wasting more time. Here in Pakistan people are facing SORE THROAT WAVE because of severe weather change.

Me, my wife and our 3 kids were all sick and this last one week appeared like a disaster.


CARDANO (ADA) DAILY CHART

I like ADA/USDT pair to keep an eye on because its rate is reasonable enough to make profit unlike other crypto currencies and it has VOLATILITY.

Right now it appears to me that ADA can go down again either to 1.8 or 1.5 and then I should take chance to buy ADA.

As you can see in the picture below. Almost 40 days back (21-SEP-21) ADA price closed at 1.986.

img_0.09274723520781333.jpg

After 21 Sep 21 price movement still appearing in downtrend.

img_0.5459446807856294.jpg

MOREOVER on 27 OCT daily candle closed at 1.912

img_0.08666010506716096.jpg

As one can easily see in the last picture above, that price has closed before previous low on daily chart. So right now it would be wise to either short this currency or if you want to go long then wait for the price to come down and then make decision wisely.

This is enough for today's note keeping post. I am still a newbie with markdown language and faced a bit difficulty while writing this post. Kindly ignore if my post still lacks professional design.

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Right now its 3:38 pm here in my country. Living in crowded area of the city. So normally I try to attempt creativity tasks at night cause at that time there is no noisy disturbance in my surroundings.

Don't make excuses and just start working and posting up content.

Now you have even more resource credits. Start posting up some work and get the reward cycle started.

The more you post the more that people can reward you.

If you don't use your resource credits to the fullest people will pull their delegation.

And on top of it you also need to go to hive.vote and get your account automated and fill out your fan base so that you have automatic voting going out and maximize your voting rewards.

This is very complicated game if you want to learn, it's time to dive in.

Hmmmm. I can understand ur frustration about providing HP to others in hopes to get them working n this way HP delegator n delegatee both will reap rewards but always getting back nothing good in return. I do not brag about me ever cause me too believe in actions not in words. And about auto voting, I was already thinking about that to set these auto voting tools for the best authors n yes u r right that this way v will reap the maximum benefit from the idle HP. Tonight I will look into that as well.

N do not think that I did not say thanx for the delegation u provided, u took me as ur friend n I never exchanged thanx with friends. I just ask u to kindly be a little bit patient with me. Today,whole day, I was looking for a house to get on mortgage cause I ve 30 or 45 days at max to leave the house where I m currently living.

Again ask u to please be patient a bit, I myself consider that u have invested ur amount n this is ur legal right to get your investment grow.

And I just got done pulling 1665 Hive power from inactive accounts that I was helping out.

So now I have quite a bit more power to be able to use and direct.

Excellent post and I definitely learned a few things about trading from your work here.

Thank you very much I can't wait to see more of your content!

Smart moves recording your trading patterns and information on here.

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@jugnoo it is wise to always check the charts yourself. I never believe what others predict about price movements. @mubashiranees I know you also like to trade but always consider what price action is telling you. And if you are unable to understand bare price action language then it is best for you to learn basics about price action trading.