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Cardano / Binance Coin

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ADABNB trade ideas

Cardano / Binance Coin: Bullish Flag Pattern FormationBalance Of Power Between Bulls and Bears: Price is currently forming a bullish chart pattern and bears seems to be running out of steam, MACD histogram is currently below the center line and ticking up - this signifies that bears are running out of power. Entry Game plan: We can wait for price to break above 0.0050 SAT and carefully observe the strength of the bulls around that price before we place a limit buy order at 0.0052 SAT. Exit Game plan: Depending on our risk appetite, we can place a stop-loss within the flag at 0.0040 or 0.0035. Expectancy: Potential profit from TP1 is 27%; second profit target TP2 from the entry point is 76% Risk/Reward Ratio: 2.64
Long
by KhingKhaleb
Sentimental TradeGet ready, wolves🔥 There is one more interesting formation for you. Ascending triangle on Cardano crypto pair. This formation looks similar previous one. However here is a bearish trend and the price entered into consolidation. This might be a signal for shorters. but don't rush the trade and wait for clear breakout. According to Elliott Waves theory all the waves are done and now the price is heading to the breakout. Follow the chart and look for the breakout carefully. _____________________________________________________ If you enjoy my FREE Technical Analysis , support the idea with a big LIKE👍 and don't forget to SUBSCRIBE my channel, you won't miss anything! Feel free to leave comments✉️ And always remember: "we don't predict, we react".
by Berzerk_invest
12
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