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ADA DAILY ANALYSIS by glimpsytips

View this thread on: hive.blogpeakd.comecency.com
· @glimpsytips ·
$0.83
ADA DAILY ANALYSIS
## 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](https://images.ecency.com/DQmPD3cKCGD1NkdMYxKamGTZQZBPuRcRnJsY9JnLfSWy3eZ/img_0.09274723520781333.jpg)

# After 21 Sep 21 price movement still appearing in downtrend.


![img_0.5459446807856294.jpg](https://images.ecency.com/DQmcZnREwJtodcKx8qQ8M6WHU7ZQCMsEooEY999ucFvRW1u/img_0.5459446807856294.jpg)

# <center>  MOREOVER on 27 OCT daily candle closed at 1.912  </center>


![img_0.08666010506716096.jpg](https://images.ecency.com/DQmTcTAtJrfAt6QBT9VSXTPBZoeLfYWG446vMXqmRhup8ge/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.


👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 3 others
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vote details (67)
@daraz.social ·
Your post nicely elaborates ADA price and till yet your prediction is in accordance with ADA market but your post did not got much attention and reward. I think can missed this post @toni.curation 
👍  , ,
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@ganjafarmer ·
$0.02
Smart moves recording your trading patterns and information on here. 
👍  ,
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vote details (2)
@ganjafarmer ·
$0.02
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!
👍  , ,
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@ganjafarmer ·
$0.02
Post more! 
👍  ,
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vote details (2)
@glimpsytips ·
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.
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@ganjafarmer ·
$0.02
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. 

👍  , ,
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@ganjafarmer ·
$0.02
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.
👍  , ,
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@gptfan ·
What platform do you people use for trading. There are so many to choose from. Kindly you people suggest something good and easy for beginners.
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vote details (4)
@glimpsytips ·
@jugnoo wrote this post https://ecency.com/hive-185702/@jugnoo/stormgain-custodial-exchange-how-to<div class="pull-right"><a href="/@hive.engage">![](https://i.imgur.com/XsrNmcl.png)</a></div>
👍  
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@jugnoo ·
I know a very nice platform for beginners. Moreover it gives free investment to its users so they can trade and earn profit. Soon I will write about that as well.
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@hivebuzz ·
Congratulations @glimpsytips! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

<table><tr><td><img src="https://images.hive.blog/60x70/http://hivebuzz.me/@glimpsytips/comments.png?202110311328"></td><td>You made more than 10 comments.<br>Your next target is to reach 50 comments.</td></tr>
</table>

<sub>_You can view your badges on [your board](https://hivebuzz.me/@glimpsytips) and compare yourself to others in the [Ranking](https://hivebuzz.me/ranking)_</sub>
<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>


To support your work, I also upvoted your post!


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@jugnoo ·
Hi @glimpsytips I read your post and checked ADA daily chart. It appears that right now it is best to wait as you suggested instead of going long (buying) ADA.  

Cardano is in the way down from almost 3 USD to 2 USD. As you can see in the chart below.



![img_0.6444391691023025.jpg](https://images.ecency.com/DQmfMLPgt72u9Uj3XUaNR9iKt5hDwm1YTr6mxPpbYHj8eEK/img_0.6444391691023025.jpg)

And right now it appears on Daily chart that price may come down to at least 1.75. 


![img_0.8563045008127315.jpg](https://images.ecency.com/DQmXJMBFU5htZst5G4YDa94a1eN9kjcTsp66yaacudJuinT/img_0.8563045008127315.jpg)


If this happens then it would be wise to wait for the successful test of this support level.








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vote details (4)
@glimpsytips ·
@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.
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@gptfan ·
It appears that till this date ADA price is going hands in hands with your analysis
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vote details (2)
@poshtoken · (edited)
https://twitter.com/SooBot1/status/1455383533665542146
https://twitter.com/zincommunity/status/1455395752839102464
<sub> The rewards earned on this comment will go directly to the person sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.</sub>
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