Cardano (ADAM19) Can Bounce Here, Support & Resistance Levels
Updated
Looking at Cardano (ADAM19) on BitMEX, I am seeing a potential bounce that can happen here.
ADAM19's retrace has been speeding up until it finally found support and a bounce happened around the 0.786 Fib. retracement level from the last bullish wave.
This is a strong support zone and a bounce can happen here even if Cardano is to continue with its retrace after it.
We also have:
Hit like if you want to see more about Cardano and other BitMEX futures contracts charts.
Thanks a lot for reading.
This is Alan Masters.
Namaste.
ADAM19's retrace has been speeding up until it finally found support and a bounce happened around the 0.786 Fib. retracement level from the last bullish wave.
This is a strong support zone and a bounce can happen here even if Cardano is to continue with its retrace after it.
We also have:
- The RSI is coming out of oversold.
- The MACD is showing a bullish crossover.
- Trading above EMA10.
Hit like if you want to see more about Cardano and other BitMEX futures contracts charts.
Thanks a lot for reading.
This is Alan Masters.
Namaste.
Comment
Here is our full trade.First target reached for 29% ROE.
More to come...
Trade: LONG ADAM19
Leverage: 10X
Buy-in: 0.00001424 - 0.00001455
Time Frame: 4H
Targets:
(1) 0.00001491 -Reached
(2) 0.00001540
Stop Loss: Close 4H below 0.00001400
Liq. price: 0.00001340
(Buy-in calculated at 0.00001448)
Profit Potential: 63.53% ROE
Capital Allocation: <4%.
Comment
Here we hit our first target, we secure profits and our trade after hitting any target.You can secure profits by selling at least 50% on the first target (BitMEX trades) and secure the trade by raising stop-loss above buy-in after hitting our target.
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followalan.com
🔥 6-In-1 ULTIMATE Package Offer Now Live! (The Best In The Market)
lamatrades.com (Since 2017)
🚨 The Best Trade-Numbers In The Universe
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