Please be kind, i´m just starting to lern the Elliot Wave Theorie and want to praktice what I`ve learnd in the past week.This is only a Idea of a midterm Trading Plan, its no Financial advice nor a trading setup itself.It just shows an Idea which could be used to form a proper Trading setup.
We can see a Breakout of the corrective Triangle but without Volume so...
Cardano (ADA/BTC) looks really juicy, retesting the strong longterm Support, perfekt to buy the Dip!
This is a high risk trade, so the Position Size shouldn´t be more than 10% of the Portfolio
in order to minimize the risk to 2%. Always keep in mind a strong BTC Pump could kill this setup fast
(Always use Stops in Altcointrading!!)
