ADA triangle breakout
Updated
Cardano seems to be accumulating to break up this triangle📐 and if that is the case then I think there is chance for run to 0.601 and even higher. Setting BUY STOP-LIMIT order to current range high to catch the breakout.
Check the parallel setups on DOGE:
and SHIB:
Please boost🚀, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
- ENTRY: local high @ 0.5476
- STOPLOSS (SL): local low @ 0.5205
- TARGET (TP): height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - STOPLOSS) @ 0.601
- REWARD RISK RATIO (RRR): 2
- INVALIDATION: when SL level hit
Check the parallel setups on DOGE:
and SHIB:
Please boost🚀, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Trade active
Order filled ✔️Trade closed: stop reached
Almost made it to the target but reversed right below. Then hit the stoploss🛑 followed by a huge spill. Always have SL in place...
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