$ADA/USDT 2h (Binance Futures) Symmetrical triangle breakdown
Cardano broke bearish on Low TF, let's scalp it but wait for entry.
Current Price= 0.14640
Buy Entry= 0.14889 - 0.15333
Take Profit= 0.14320 | 0.13665 | 0.12782
Stop Loss= 0.15902
Risk/Reward= 1:1 | 1:1.83 | 1:2.94
Expected Profit= +10.46% | +19.14% | +30.82%
Possible Loss= -10.46%
Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 2x
Estimated Gain-time= 120h
Current Price= 0.14640
Buy Entry= 0.14889 - 0.15333
Take Profit= 0.14320 | 0.13665 | 0.12782
Stop Loss= 0.15902
Risk/Reward= 1:1 | 1:1.83 | 1:2.94
Expected Profit= +10.46% | +19.14% | +30.82%
Possible Loss= -10.46%
Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 2x
Estimated Gain-time= 120h
Trade closed: target reached
TP2 reached with 17.46% (2x)Cardano went down as expected, last target was missed by 0.00219$ but still in play.
Now Stop Loss is in profit, at least this one compensated a bit the bloody market!
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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.