Cardano / TetherUS
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アップデート済

ADA another -35%? 😱

3168
Please 1st of all click the boost🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely for free.

This looks ugly. Cardano broke down this triangle📐 and I think there is chance for run to 0.2650 (meaning -35% drop from current price) and even lower. I'm already short from 0.4638 (see the idea below)...
ADA Head & Shoulders

...but setting SELL LIMIT order to previous range low to add another short position on the potential pullback.
  • ENTRY: local low @ 0.4313
  • STOPLOSS (SL): local high @ 0.4825
  • TARGET (TP): height of the triangle projected from midpoint of the local range (SELL LIMIT - STOPLOSS) @ 0.2650
  • REWARD RISK RATIO (RRR): 3.25
  • INVALIDATION: when SL level hit


Check my other stuff in related ideas.

Please boost🚀, comment🗣️, follow me✒️, enjoy📺!

⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
トレード稼働中
SELL LIMIT Order filled ✔️
トレード終了: 利益確定目標に到達
Here we go, Target hit! 🎯 Took it's time but the trade had almost no drawdown and it was 99% of the time in profit. Perfect!
スナップショット
ノート
Check the follow up idea here:
ADA more pain to come

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