Cardano | Bottomed Out (Very High Growth Potential)

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My favorite charts of all are the bottomed out ones...
Cardano (ADAUSDT) is trading pretty low here, its lowest price since January 2021.

We can look at this from a TA perspective as well as a trading perpective.

Trading is best right now because of the low risk of this setup.

A stop-loss can bet set around $0.2950, manual, which is less than 6%.

While the potential targets... 44.4% is an easy one but it can go even to 68%.

We are actually active on this one with lev., 8X.

Let's see how it goes.

Namaste.
ノート
LONG ADAUSDT

Leverage: 8X

Buy-in: $0.3025 - $0.3180

Targets:

1) $0.3455
2) $0.3800
3) $0.4040
4) $0.4444
5) $0.5100

Stop-loss: Close daily below $0.2950

Liq. price: $0.2827

Potential profits: 485%

Capital allocation: 5%

Date: 23-Nov-2022
ADAADAUSDTaltcoinsBeyond Technical AnalysiscardanocryptoCryptocurrencyTechnical IndicatorsleverageTrend Analysis

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