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$ADA/BTC 1D (Binance Margin) Triangle facing resistance
Cardano / Bitcoin
Short
$ADA/BTC 1D (Binance Margin) Triangle facing resistance
By TradingOn
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Jul 2, 2021
0
Jul 2, 2021
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
ADA
Trend Analysis
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