Cardano; Catch Cryptos in PLAY(I chase the profit not the price)
THE PRINTER WORKS!
Hello Friends, let's catch these profits where the printers are working right now.
Cardano (ADA) is in Play and here is my trade setup , I will share it with you but in return, I only ask for you to like my idea to show me you would want more updates.
Pattern discovered;
Symmetric Triangle.
(I drew a midline that acts as a good resistance and support)
Trade set up
1. Enter a "long" (I am using leverage of 50x but this is no financial advice just my trade setup) trade above the high of the breakout at 0.05544.
2. Place a "stop" order below the low of the previous swing low at 0.05288
3. Target the depth of the triangle from the breakout level at 0.062860
(this idea will be in play for a while)
Hello Friends, let's catch these profits where the printers are working right now.
Cardano (ADA) is in Play and here is my trade setup , I will share it with you but in return, I only ask for you to like my idea to show me you would want more updates.
Pattern discovered;
Symmetric Triangle.
(I drew a midline that acts as a good resistance and support)
Trade set up
1. Enter a "long" (I am using leverage of 50x but this is no financial advice just my trade setup) trade above the high of the breakout at 0.05544.
2. Place a "stop" order below the low of the previous swing low at 0.05288
3. Target the depth of the triangle from the breakout level at 0.062860
(this idea will be in play for a while)
Nota
the current ADAUSDT pricce zone shows a posoble pullback to retest the symmetric triangle breakout point, If retest takes place but volume fails to hold, it will probably dip into the triangle but if volume remains strong the bulls could take control and we could see more pump to the upside Nota
the current ADAUSDT price zone shows a possible pullback to retest the symmetric triangle breakout point, If retest takes place but volume fails to hold, it will probably dip into the triangle but if volume remains strong the bulls could take control and we could see more pump to the upside*Nota
First Target 0.057 archived.second Target is approaching
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.