Cardano shows big promise but I bought in at thirty eight cents and now it is under 20 lol so my bad for buying in at the wrong time. It might go up again if it develops further but for now it remains one of those coins that is just an idea only so only time will tell and only later we will know if there is ever a bull run if the price will go up again. I only have a small bag of Cardano which I don't want to sell at a loss but not sure now how high it can go with everyone selling and CMC going close to 300 billion, looks like we will drop further t 250 billion at this rate or even lower.
This is not bulletproof method but there is great way to time to buy or sell the coin. Youtube search "Stephen Bigalow with Candlestick" Basically, he uses 8 EMA to determine to situation (buy or sell). Basic concept is this, if the candlestick begins to separate from 8 EMA line (in 1 day chart), start considering doing something about it b/c either dump or pump might be near. Study basic candlestick pattern, that is important. Going back to 8 EMA, there is ONLY one rule, which is, 8 EMA line must be close to candlestick. Just look at Cardano at previous All Time High at 0.00009100 btc, candle stick outpaced 8 EMA line thus creating significant separation between the two. As I mentioned before, this is a hint that change in trends was coming. So in that case you should of sold the coin at high and bought it back at low price. (I know it is not that easy to do)
I got to say that this alone is not enough to make clear concise decision, you need another tool to validate your opinion. With addition to candlestick pattern and 8 EMA, use Elliot wave theory for you validation. There are few rules that must follow but it is really easy to understand. youtube search it.
Last thing I got to say is that, DON"T FOLLOW RANDOM PERSON on youtube, most of them don't know what the hell are they talking about about and frankly if you follow stupid people, you will become stupid person who will make stupid decision that will cost you dearly in financially. People lost tons of money from listening to stupid people. Learn the basic trading aspect of it and from there build on it.