Adausdtsignal
ADAUSDT ShortTime Frame: 4H
Symbol: ADAUSDT
Entry: 0.6522
TP: 0.5185
SL: 0.7595
Bias: Short
This instrument is showing a possibility of a small short movement in range . The price is oscillating between two extremes and so it can be the same for the current signal. Considering the scope of price action ,our bias goes toward shorting the pair.
ADAUSDT LongTime Frame: 4H
Symbol: ADAUSDT
Entry: 0.6417
TP: 0.7971
SL: 0.5345
Bias: Long
For this instrument , our bias is to go long. The decision is guided by the recent price action patterns. As we see the probability of momentum and volatility is not very strong .However, we can go for a small scale long trade.
Short on ADAWe are looking at employing a leverage onto our position of up to 10 and taking the opportunity of benefiting from a possible drop in ADA and capitalizing on that. We have set 3 Take profit levels such as:
TP1: 0.796
TP2: 0.780
TP3: 0.767
When trading and your TP1 is reached you can consider taking some profits at that level and then adjusting your SL to the TP1 and use that way of managing your risk by securing profits as the position goes.
The SL applied it set to 0.861