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GreenCryptoTrades
Mar 1, 2021 7:10 PM

ADAUSDT (Cardano)  Short

BINANCE:ADAUSDT60
Cardano / TetherUSBinance

Description

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ADAUSD (1H CHART) Technical Analysis

ADA /USDT currently trading at 1.28

Waiting for the support breakout

Short Entry-level: Below 1.22 (only enter if 1h candle closes below the support line at 1.22)

Stop loss: above $1.365

Target 1: $1.00

Target 2: $0.82

Max Leverage: 2X

ALWAYS KEEP STOP LOSS...

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Trade closed: target reached

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1st target hit, close 60% of the position
Trend AnalysisChart PatternsADAUSDTcardanoadausdadausdtradegreencryptoadausdtlongadausdanalysisadausdtradeidea
Comments
thrilledDiamon81729
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No
voxflashshare
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I Think that might not work. They are having the main net guagen launch in couple of days.
TheSylqRoad
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The technical analysis here looks great.
Do you not think, though, that Cardano's fundamentals in march are too strong for a drop to $1?
Jack_Bhai
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Thanks. 0.90743 strong support.
Arturino_Burachelini
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Quite possible, though I wait for a reversal towards $0.95
Henry_Ross
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Great!
GreenCryptoTrades
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@Henry_Ross, Thanks
parhamsorkhi
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With guagen, i dont think so
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