Long

$ADA/BTC 4h (Binance Spot) Descending channel near brekout

Updated

Cardano is forming a possible bullish flag, let's give it another chance here, grabbing some on 50MA retest!

Current Price= 0.00002087
Buy Entry= 0.00002030 - 0.00001946
Take Profit= 0.00002279 | 0.00002620 | 0.00002870
Stop Loss= 0.00001794

Risk/Reward= 1:1.5 | 1:3.26 | 1:4.55
Expected Profit= +14.64% | +31.79% | +44.37%
Possible Loss= -9.76%

Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 2 weeks

Note

🔼 4h: Entry missed by 33 sats then TP1 with +14.64% (1x)

And we missed entry again on #Cardano, definitely having bad luck with those safe set-up!
I hope some of you entered manually, we can still be filled on a lucky wick down so I'll let it run for now.

Trade active

▶️ 4h: Trade active, first entry filled

#Cardano finally went back down to buy zone, let's hope it's for a bounce!

Trade closed: target reached

TP1 reached with +14.64% and +1.5R

Cardano bounced as planned then pulled back a bit, I am buying more here aiming for higher targets.

Note

Accumulation about to end

I hope you are still holding Cardano, if not you may consider buying back with same SL and TPs.

Note

TP3 reached with +44.37% (1x) and +4.55R

Finally the move-up we all waited for Cardano happened, about time! 📈

TradingOn

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