Long

Cardano (ADA) Bull div, move up possible. Short ready.

Updated

Due to the bearish market, altcoins are very easy to predict.

Signals:
Bullish Divergence on the 1 hour for ADA as well as 4 hour, indicating support at the current level.
Cardano has tested support many times, having small bounces each time.

Therefore, we long ADA now with a stop loss below the base of ADA. Once ADA hits the red cloud we close our long and consider a short. If the move up does happen and we break the red cloud, consider another long. For now ADA will likely be trading sideways. If you want to play safe, don't long in this bear market.

Targets:
1783 level (+1%)

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Note

This short is not the easy money the last one was. So make sure you have all your stops ready to protect yourself.

Trade active

My limit got filled. I'm damn lucky. Short active.

Note

Trade active

+5%, short still active.

Trade active

13.5% with margin. Still holding short.

Note

Order cancelled

I closed my short right now, going to wait for further signal

Trade closed: target reached

Note

Closed for 12% profit. With margin got around 60%.

HD1184K

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