$ADA/USDT 4h (Binance Futures) Descending triangle breakout
Updated
Cardano looks even more bullish after that clear breakout, let's long again!
Current Price= 0.36238
Buy Entry= 0.36280 - 0.35080
Take Profit= 0.39749 | 0.43695 | 0.49341
Stop Loss= 0.32433
Risk/Reward= 1:1.25 | 1:2.47 | 1:3.56
Expected Profit= +11.40% | +22.46% | +38.29%
Possible Loss= -9.10%
Fib. Retracement= 1 | 1.272 | 1.618
Margin Leverage= 1x
Estimated Gain-time= 360h
Current Price= 0.36238
Buy Entry= 0.36280 - 0.35080
Take Profit= 0.39749 | 0.43695 | 0.49341
Stop Loss= 0.32433
Risk/Reward= 1:1.25 | 1:2.47 | 1:3.56
Expected Profit= +11.40% | +22.46% | +38.29%
Possible Loss= -9.10%
Fib. Retracement= 1 | 1.272 | 1.618
Margin Leverage= 1x
Estimated Gain-time= 360h
Trade closed: target reached
TP2 reached with +22.46% (1x) and 2.47RCardano went down for all our entries then bounced up as predicted!
One last target to go for that set-up in the Futures market.
Trade closed: target reached
TP3 with +38.29% (1x) and 3.56RCardano went for all targets in Futures as well, that's awesome!
Related publications
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.