📈 Long Trade Setup – Cardano (ADA/USDT) – 15M
A long entry was executed at $0.7302 during a confirmed short-term uptrend:
Confluence Confirmed: EMA, higher timeframe EMA, RSI, and MACD are all in bullish agreement.
Price Structure: After a strong upward impulse, the price pulled back into the Fib zone around $0.7316, offering an optimal entry.
Stop Loss: Safely positioned at $0.7113, just below the last consolidation low.
Take Profit: Target set at $0.7555, aligning with previous resistance and offering a solid 2:1 risk-reward ratio.
Momentum Play: This setup aims to ride continued bullish strength after prior profitable entries and exits along the trend.
A clean, technically-supported entry with disciplined risk management in place.
A long entry was executed at $0.7302 during a confirmed short-term uptrend:
Confluence Confirmed: EMA, higher timeframe EMA, RSI, and MACD are all in bullish agreement.
Price Structure: After a strong upward impulse, the price pulled back into the Fib zone around $0.7316, offering an optimal entry.
Stop Loss: Safely positioned at $0.7113, just below the last consolidation low.
Take Profit: Target set at $0.7555, aligning with previous resistance and offering a solid 2:1 risk-reward ratio.
Momentum Play: This setup aims to ride continued bullish strength after prior profitable entries and exits along the trend.
A clean, technically-supported entry with disciplined risk management in place.
Trade closed: target reached
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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.
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.