Short
Symetrical triangle ADAU18 (possible target 0.00001102)
There has been forming a symmetrical triangle on ADAU18 (Bitmex) which normally breaks out in the direction of the trend.
Short-term trend is down, so there is a high probability that ADAU18 (Bitmex) will breakout to 0.00001102 in the next 3 to 7 days.
When it breaks up the target will be 0.00001831. Remember to keep an eye on that possibility as well.
For the highest probability of making money, wait with your long or short position until breakout is confirmed (Watch for price breaking out of the triangle).
I will try to keep you updated as the trade develops.
Note: I am not your financial adviser... Just want you to ride along on the trades i make... NEVER use money that you need for other stuff ;)
Short-term trend is down, so there is a high probability that ADAU18 (Bitmex) will breakout to 0.00001102 in the next 3 to 7 days.
When it breaks up the target will be 0.00001831. Remember to keep an eye on that possibility as well.
For the highest probability of making money, wait with your long or short position until breakout is confirmed (Watch for price breaking out of the triangle).
I will try to keep you updated as the trade develops.
Note: I am not your financial adviser... Just want you to ride along on the trades i make... NEVER use money that you need for other stuff ;)
Note
Remember to take profit from time to time....
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.