ADAUSDTPERP - LONG ENTRY TO MAKE YOUR XMAS PARTY GATSBY STYLE
OVERALL::
*WE HAVE A NEAR-TERM SUPPORT LiNE BELOW US
*WE HAVE A RiSiNG WEDGE PATTERN
*THE PRiCE IS BELOW 168 EMA, SO I EXPECT WE BREAK THE WEDGE DOWNWARDS
*IF WE DO BREAK iT WHERE IT WILL FALL?
*MAY BE SOMEWHERE TO THE GREEN CIRCLE AREA
*HOW TO TRADE THIS DIP?
*MY POSSIBLE TRADE IS BELOW
* DON'T BE AN IDiOT AND THiNK FOR YOURSELF!
* THiS iS NOT A FiNANCiAL ADVICE!
TRADE::ADA_05112020
STATUS::CONTEMPLATiNG
TYPE:: LONG
SIGNAL:: MFI
FILTER:: OBV
VOLUME:: $10 000
ENTRY:: 0.12XXX
TP:: %25
SL:: %3.6
R/R:: 7
RISK:: $350
REWARD:: $2600
PROS::
1.STRONG BULL MARKET
2.STABLE BTC
3.POSSIBLE ACCUMULATION BEFORE A MOVE UP
CONS::
1.RED ICHI 1H, WE ARE BELOW GREEN ICHI ON 4H
2.WE CAN CONTINUE TO GO LOWER TO THE 0.9XXX LEVELS BEFORE WE FiNALLY LEG UP
*WE HAVE A NEAR-TERM SUPPORT LiNE BELOW US
*WE HAVE A RiSiNG WEDGE PATTERN
*THE PRiCE IS BELOW 168 EMA, SO I EXPECT WE BREAK THE WEDGE DOWNWARDS
*IF WE DO BREAK iT WHERE IT WILL FALL?
*MAY BE SOMEWHERE TO THE GREEN CIRCLE AREA
*HOW TO TRADE THIS DIP?
*MY POSSIBLE TRADE IS BELOW
* DON'T BE AN IDiOT AND THiNK FOR YOURSELF!
* THiS iS NOT A FiNANCiAL ADVICE!
TRADE::ADA_05112020
STATUS::CONTEMPLATiNG
TYPE:: LONG
SIGNAL:: MFI
FILTER:: OBV
VOLUME:: $10 000
ENTRY:: 0.12XXX
TP:: %25
SL:: %3.6
R/R:: 7
RISK:: $350
REWARD:: $2600
PROS::
1.STRONG BULL MARKET
2.STABLE BTC
3.POSSIBLE ACCUMULATION BEFORE A MOVE UP
CONS::
1.RED ICHI 1H, WE ARE BELOW GREEN ICHI ON 4H
2.WE CAN CONTINUE TO GO LOWER TO THE 0.9XXX LEVELS BEFORE WE FiNALLY LEG UP
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.