Cardano / TetherUS
Long
Updated

ADA - LONG. GREEN NOVEMBER?

210
TRADE:: ADA_1
STATUS:: PLACED

TYPE:: LONG
SIGNAL:: OBV DiVERGENCE
FILTER:: PRiCE ACTiON

VOLUME:: $3000
ENTRY:: 0.9860 MARKET
TP:: 18%,30%
SL:: 11%
RRR:: 2/3
RISK:: $300
REWARD:: $600/$1000

PROS::
1.OBV DiVERGENCE, MFI > 50
2.BTC iS STRONG
3.IT'S BETTER TO ENTER THE MARKET NOW, THAN LOOKiNG FOR ANOTHER ENTRY WHiLE PRiCE iS ALREADY MOViNG ON

CONS::
1. IF THE MARKET MAKER DECIDES TO BUY LOWER, HE WiLL CONTiNUE ACCUMULATE USDT AND BTC BY DUMPiNG ALTS
2. FAKEOUT AND THEN LONG TiME OF ACCUMULATION AGAIN BELOW THAT PRiCE LEVEL. SO iT MAKE TAKE A WHiLE BEFORE WE FiNALLY GO UP


OVERALL:: I'VE CHANGED MY SL STRATEGY SiNCE I'VE FAiLED FEW ENORMOUSLY PROFiTABLE TRADES BECAUSE OF MY SL WAS SET UP TOO TiGHT
Note
OPTiMISTiC SCENARIO, IF WE SEE WHITE ENERGY GO BACK ABOVE 50 ON A 3H CHART
snapshot
Note
THAT LOOKS THE SAME AT 12H CHART. GREEN iS GOiNG TO TOUCH RED RSI WHiLE IT'S GOiNG UP INDiCATiNG UPWARD PRESSURE. THE ENERGY LOOKS LiKE iT iS GOiNG ABOVE 50
snapshot
Note
PROFT FiXED, I PLAN TO RE ENTER SOON

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