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Cardanobinancecoin

ADABTC formed bullish BAT | Upto 16% bullish moveHi folks, hope you are doing well. In my previous post on Cardano with Bitcoin pair we have seen that the ADA had completed the formation of bullish BAT pattern. This chart was based on 12 hour time period and as per Fibonacci sequence of BAT I predicted that the price action should move up from the potential reversal zone of this pattern to enter in the Fibonacci projection area of A to D leg from 0.382 to 0.786 Fib projection level. Then we have witnessed that the price action moved up and entered in the target sell zone. This time the Cardano gave more than 20% profit for its traders on a short term 12 hour chart. A new harmonic BAT pattern: This time again on 12 hour chart ADA has formed another harmonic bullish BAT pattern and entered in potential reversal zone. And giving another chance to earn more profits. Let’s dig the pattern deeper to see how perfect it has been formed. After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.328 to 0.886 Fib of A to B Fibonacci projection area and last leg (C to D) is retraced between 0.786 to 0.886 Fibonacci level. Buying And Sell Targets: The buying and sell targets according to harmonic Butterfly pattern and its Fibonacci sequence should be: Buy between: 0.00000441 to 0.00000431 sats Sell between: 0.00000465 to 0.00000501 sats So this short term trade can has capacity to produce upto 16% profit. Stop Loss: The potential reversal zone area that is up to to 0.00000431 sats can be used as stop loss in case of complete candle stick opens and closes below this level. Note: This idea is education purpose only and not intended to be investment advise, please seek a duly licensed professional and do you own research before any investment.
Long
by moon333
1
There is a possibility for the beginning of an uptrend in ADABNBTechnical analysis: . CARDANO/BINACECOIN is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 47. Trade Setup: We opened 9 BUY trade(s) @ 0.00773 based on 'Hammer' entry method at 11.16.2018. Beginning of entry zone (0.00740) Ending of entry zone (0.00670) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00880 TP2= @ 0.01020 TP3= @ 0.01140 TP4= @ 0.01440 TP5= @ 0.01675 TP6= @ 0.01915 TP7= @ 0.02250 TP8= @ 0.02685 TP9= Free
Long
by ForecastCity
There is a possibility for the beginning of an uptrend in ADABNBTechnical analysis: . CARDANO/BINACECOIN is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 47. Trade Setup: We opened 9 BUY trade(s) @ 0.00773 based on 'Hammer' entry method at 11.16.2018. Beginning of entry zone (0.00740) Ending of entry zone (0.00670) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00880 TP2= @ 0.01020 TP3= @ 0.01140 TP4= @ 0.01440 TP5= @ 0.01675 TP6= @ 0.01915 TP7= @ 0.02250 TP8= @ 0.02685 TP9= Free
Long
by ForecastCity
4