I just opened a long position on ADA/USDT
two bullish patterns, one within the other: inverted head and shoulders | Falling wedge
1- falling wedge:
Stats:
Break-even failure rate: 11% in a bull market; 11% in a bear market
Average rise: 32% in a bull market; 26% in a bear market
Percentage meeting price target: 70% in a bull market; 60% in a bear market
2- inverted head and shoulders:
Stats:
Break-even failure rate: 3% in a bull market; 4% in a bear market
Average rise: 38% in a bull market; 30% in a bear market
Percentage meeting price target: 74% in a bull market; 58% in a bear market.
As always, risk vs reward is the key thing to consider for someone who wanna be a successful trader; I've already set up my stop loss and will shortly update this idea with price targets.
Trade carefully ;)
two bullish patterns, one within the other: inverted head and shoulders | Falling wedge
1- falling wedge:
Stats:
Break-even failure rate: 11% in a bull market; 11% in a bear market
Average rise: 32% in a bull market; 26% in a bear market
Percentage meeting price target: 70% in a bull market; 60% in a bear market
2- inverted head and shoulders:
Stats:
Break-even failure rate: 3% in a bull market; 4% in a bear market
Average rise: 38% in a bull market; 30% in a bear market
Percentage meeting price target: 74% in a bull market; 58% in a bear market.
As always, risk vs reward is the key thing to consider for someone who wanna be a successful trader; I've already set up my stop loss and will shortly update this idea with price targets.
Trade carefully ;)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.