Cardano is retesting 50MA and does not look strong enough to break it, could reverse after a last impulse.
Current Price=0.00004058
Sell Entry = 0.00004190 - 0.00004440
Take Profit= 0.00003758 | 0.00003465 | 0.00003100 | 0.00002651
Stop Loss= 0.00004745
Risk/Reward= 1:1.3 | 1:1.98 | 1:2.83 | 1:3.87
Expected Profit= +25.82% | +39.40% | +56.32% | +77.12%
Possible Loss= -19.94%
Fib. Retracement= 0.382 | 0.618 | 1 | 1.272
Margin Leverage= 2x
Estimated Gain-time= 2.5 months
Current Price=0.00004058
Sell Entry = 0.00004190 - 0.00004440
Take Profit= 0.00003758 | 0.00003465 | 0.00003100 | 0.00002651
Stop Loss= 0.00004745
Risk/Reward= 1:1.3 | 1:1.98 | 1:2.83 | 1:3.87
Expected Profit= +25.82% | +39.40% | +56.32% | +77.12%
Possible Loss= -19.94%
Fib. Retracement= 0.382 | 0.618 | 1 | 1.272
Margin Leverage= 2x
Estimated Gain-time= 2.5 months
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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.