someone514

Cardano (ADA) - Round Two - Let's Do It Again!

Long
someone514 Updated   
BITTREX:ADABTC   Cardano / Bitcoin
Please refer to our previous ADA idea from last month where we made a ~350% profit in the span of the few days!
(Link: www.tradingview.com/...nother-run-in-sight/)

Now a month has passed! I think ADA is ready for another run!

This is a very safe trade because we can set a tight stoploss, giving us an absurd risk/reward ratio. (I included the risk/reward ratio for our two targets on the right side)

*Stoploss MUST be set for this trade.
*We are still below EMA50 in this 6 hour chart. You can buy the breakout (Blue line), if we can break it with conviction.

Good luck friends!
Comment:
I analyzed the chart a bit more, I am leaning to the bearish side now.
Dramatically reduced position size.
Comment:
going well so far, I might add on.
Trade active
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