* DON'T BE AN IDiOT AND THiNK FOR YOURSELF!
* THiS iS NOT A FiNANCiAL ADVICE!
TRADE:: ADA_02_112020
STATUS:: SCATTERiNG BUY ORDERS, CONTEMPLATiNG THE ENTRY POiNT
TYPE:: LONG
SIGNAL:: OBV + PRiCE ACTiON
FILTER:: MFI
VOLUME:: $15000
ENTRY:: AROUND 0.10600 AND 0.10308
TP:: 8%, 19%
SL:: 1.25%
RRR:: 16.25
RISK:: $150
REWARD:: FROM $500 TO $2400
PROS::
1. IF BTC iS ABLE TO HOLD ABOVE 16k I EXPECT AN ALT SEASON
2. ADA PRiCE MOVEMENT iS STRONG, I CLOSED MY LONG AT 30% PROFiT AND DIDN'T HAVE CHANCE TO RE ENTER iT BY THE SAME PRiCE. NO PULLBACKS
3. THiS SHORT-TERM CHANNEL CONFiRMS THE SUPPORT ADA ESTABLiSHED AROUND 0.10300
4. WE ALREADY SAW A NiCE BOUNCE FROM GREEN ICHI ON 4H
CONS::
1. WE MAY EXPECT A CORRECTiON NOW iF THE MARKET iS OVERHEATED
2. A QUICK SHAKEOUT iS POSSiBLE TO CUT THE RETAiL FROM PROFiTING
3. THE CHANNEL I DRAW HAS A SECOND OPTION WiTH A SUPPORT A LITTLE BIT HIGHER. SO I PROBABLY SHOULD SCATTER MY BUY ORDERS AROUND THiS ZONE
OVERALL:: THAT MiGHT BE THE BEST TRADE I EVER MADE SO FAR, NOW IT DEPENDS ON HOW I STiCK TO THE PLAN
* THiS iS NOT A FiNANCiAL ADVICE!
TRADE:: ADA_02_112020
STATUS:: SCATTERiNG BUY ORDERS, CONTEMPLATiNG THE ENTRY POiNT
TYPE:: LONG
SIGNAL:: OBV + PRiCE ACTiON
FILTER:: MFI
VOLUME:: $15000
ENTRY:: AROUND 0.10600 AND 0.10308
TP:: 8%, 19%
SL:: 1.25%
RRR:: 16.25
RISK:: $150
REWARD:: FROM $500 TO $2400
PROS::
1. IF BTC iS ABLE TO HOLD ABOVE 16k I EXPECT AN ALT SEASON
2. ADA PRiCE MOVEMENT iS STRONG, I CLOSED MY LONG AT 30% PROFiT AND DIDN'T HAVE CHANCE TO RE ENTER iT BY THE SAME PRiCE. NO PULLBACKS
3. THiS SHORT-TERM CHANNEL CONFiRMS THE SUPPORT ADA ESTABLiSHED AROUND 0.10300
4. WE ALREADY SAW A NiCE BOUNCE FROM GREEN ICHI ON 4H
CONS::
1. WE MAY EXPECT A CORRECTiON NOW iF THE MARKET iS OVERHEATED
2. A QUICK SHAKEOUT iS POSSiBLE TO CUT THE RETAiL FROM PROFiTING
3. THE CHANNEL I DRAW HAS A SECOND OPTION WiTH A SUPPORT A LITTLE BIT HIGHER. SO I PROBABLY SHOULD SCATTER MY BUY ORDERS AROUND THiS ZONE
OVERALL:: THAT MiGHT BE THE BEST TRADE I EVER MADE SO FAR, NOW IT DEPENDS ON HOW I STiCK TO THE PLAN
Note
I'VE ENTERED THE TRADENote
JUST TO POiNT OUT NEXT BUY ZONE iN CASE THE PRiCE GOES LOWERNote
THE RESiSTANCE iS ALSO VERY CLEAR NOW, WE CAN GO LONG ABOVE THiS GOLDEN LiNE LEVELNote
SL GOT HITLOST 75$
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.