THE PRINTER WORKS!
Hello Friends, let's catch these profits where the printers are working right now.
Cardano (ADA) is in Play and here is my trade setup , I will share it with you but in return, I only ask for you to like my idea to show me you would want more updates.
Pattern discovered;
Symmetric Triangle.
(I drew a midline that acts as a good resistance and support)
Trade set up
1. Enter a "long" (I am using leverage of 50x but this is no financial advice just my trade setup) trade above the high of the breakout at 0.05544.
2. Place a "stop" order below the low of the previous swing low at 0.05288
3. Target the depth of the triangle from the breakout level at 0.062860
(this idea will be in play for a while)
Hello Friends, let's catch these profits where the printers are working right now.
Cardano (ADA) is in Play and here is my trade setup , I will share it with you but in return, I only ask for you to like my idea to show me you would want more updates.
Pattern discovered;
Symmetric Triangle.
(I drew a midline that acts as a good resistance and support)
Trade set up
1. Enter a "long" (I am using leverage of 50x but this is no financial advice just my trade setup) trade above the high of the breakout at 0.05544.
2. Place a "stop" order below the low of the previous swing low at 0.05288
3. Target the depth of the triangle from the breakout level at 0.062860
(this idea will be in play for a while)
Note
the current ADAUSDT pricce zone shows a posoble pullback to retest the symmetric triangle breakout point, If retest takes place but volume fails to hold, it will probably dip into the triangle but if volume remains strong the bulls could take control and we could see more pump to the upside Note
the current ADAUSDT price zone shows a possible pullback to retest the symmetric triangle breakout point, If retest takes place but volume fails to hold, it will probably dip into the triangle but if volume remains strong the bulls could take control and we could see more pump to the upside*Note
First Target 0.057 archived.second Target is approaching
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.
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.