Cardano Trend Reversing - 10x Potential - Shelly in July!
Cardano Trend Reversal Almost Confirmed!
Check out my latest chart on ADA/USDT. Personally I like to measure all my alt coin TA in USD stable tokens because I like to use simple indicators.
The combination of indicators I use is bollinger bands, moving average, setting resistance levels and setting the trend line.
In the chart of above you can see a few resistance levels that I've set and how we've already met 2, and meeting the third would confirm the reversal of the trend. When the trend reversal is confirmed that would mean that Cardano is well on it's way to surpass the previous all time high, which at this price would mean buying now is 10x!
Big Updates Coming Soon for Cardano - Shelly
The fact not not only the TA is primed on Cardano, but so is the Fundamental analysis. With the upcoming launch of Shelly this will allow ADA holders to stake their tokens and earn 10-20% apr of staked coins. I would expect this to drive the price up significantly since people will stake their coins making the ada market less liquid.
Full disclosure: I've been a follower of Cardano since almost the beginning and I have significant interest in hoping ADA goes to the moon!
Please comment on how you believe Shelly might impact Cardano's price.
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