Cardano (ADAU19) Bullish Setup - 66.66% ROE with 6X Lev. Long

BITMEX:ADAU19240

Description

⋅ Jul 24, 2019 1:59 PM

Cardano (ADAU19) is moving passively above resistance (EMA5, EMA10, and EMA50), and if it can close above 0.00000582, we have big chances of a move up...

The RSI is on the bullish zone.
The MACD is basically neutral but leaning more towards the bulls.

Targets are clearly marked on the chart.

Make sure to use a stop-loss if you decide to trade.

THIS IS NOT FINANCIAL ADVICE.
Leveraged trading is high-risk and for experienced/advanced traders only.

Thanks a lot for your continued support.

Namaste.

Comment

⋅ Jul 25, 2019 4:26 PM

(1) 0.00000593 -Reached (+8.16%)
(2) 0.00000609 -Reached (+24.6%)

Trade closed: target reached

⋅ Jul 26, 2019 5:03 PM

ENJOY THE PROFITS.
ALL TARGETS REACHED!
64%+ ROE (profits) so far...

---------------
Trade: LONG ADAU19 (Cardano)

Leverage: 6X

Buy-in: 0.00000560 - 0.00000586

Time frame: 4H

Targets:

(1) 0.00000593 -Reached (+8.16%)
(2) 0.00000609 -Reached (+24.6%)
(3) 0.00000630 -Reached (+46.14%)
(4) 0.00000650 -Reached (+64.56%) @ 0.0000648

Stop-loss: Close 4H below 0.00000550.

Liq. price: 0.00000503
(Buy-in calculated at 0.00000585)

Potential profits: 66.66% ROE

Capital allocation: 6%.

Comment

⋅ Jul 26, 2019 8:29 PM

Comments

Tylax-Finances

⋅ Jul 26, 2019 8:18 PM

Hey Alan, great trade! Do you think, Cardano will continue to climb higher from here?

AlanSantana

⋅ Jul 26, 2019 8:21 PM

@Cash-Dash, Yes, I believe so. But it is important to consider the time frame...