ADA HOOK TRADE SHORT SET UP-WE ARE GOING LOWER!
Updated
IF YOU MISSED THE 240RSI DIVERGENCE SHORT TRADE FROM 15XX LEVELS TO 12XX. HERE IS YOUR CHANCE TO GET ANOTHER CRACK AT IT.
ADA HAS RETRACED ON LIGHT BUYSIDE VOLUME RIGHT INTO THE RESISTANCE ZONE AND IS HOLDING. SIMPLE R1 TRADE. DONT OVER COMPLICATE IT
10X LEVERAGE ON BITMEX WILL BE SUFFICIENT AND GIVE YOU ROOM TO BREATH.
REMEMBER BTC IS LEADING THE PACK SO WE WATCH BTC FOR THE RUN BACK DOWN TO BREAK THE LAST SWING LOW.
ENTRY ON THIS IS FROM 1300-1370 SATS
STOP IS 1426
TARGETS ARE:
T1:1206
T2: 1055
T3:900
THIS ISNT FINANCIAL ADVICE BUT MORE OF ME JUST JOURNALING MY TRADES.
IF YOU DO TRADE, USE STRICT RISK PARAMETERS AND NEVER TRADE MORE THAN 2.5% OF TOTAL TRADABLE EQUITY. THIS IS ABOUT LONG TERM SUSTAINABLE GROWTH NOT A "GIVE ME A MILLION DOLLAR TRADE".
BE CAREFUL AND GOOD LUCK
ADA HAS RETRACED ON LIGHT BUYSIDE VOLUME RIGHT INTO THE RESISTANCE ZONE AND IS HOLDING. SIMPLE R1 TRADE. DONT OVER COMPLICATE IT
10X LEVERAGE ON BITMEX WILL BE SUFFICIENT AND GIVE YOU ROOM TO BREATH.
REMEMBER BTC IS LEADING THE PACK SO WE WATCH BTC FOR THE RUN BACK DOWN TO BREAK THE LAST SWING LOW.
ENTRY ON THIS IS FROM 1300-1370 SATS
STOP IS 1426
TARGETS ARE:
T1:1206
T2: 1055
T3:900
THIS ISNT FINANCIAL ADVICE BUT MORE OF ME JUST JOURNALING MY TRADES.
IF YOU DO TRADE, USE STRICT RISK PARAMETERS AND NEVER TRADE MORE THAN 2.5% OF TOTAL TRADABLE EQUITY. THIS IS ABOUT LONG TERM SUSTAINABLE GROWTH NOT A "GIVE ME A MILLION DOLLAR TRADE".
BE CAREFUL AND GOOD LUCK
Trade active
TARGET 1 REACHED with minimal profit taking from the sell side which is a good sign for the trade continuation.Note
TARGET 2 REACHED +260% PROFIT by that one
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