$ADA/USDT 12h (Binance Futures) Ascending triangle near breakout
Cardano is forming a bullish pattern and is likely to go for a new ATH after some ranging.
Current Price= 1.27500
Buy Entry= 1.21705 - 1.16435
Take Profit= 1.48500 | 1.75982 | 2.23946
Stop Loss= 0.99389
Risk/Reward= 1:1.5 | 1:2.89 | 1:5.33
Expected Profit= +24.72% | +47.80% | +88.08%
Possible Loss= -16.53%
Fib. Retracement= 1 | 1.414 | 2
Margin Leverage= 1x
Estimated Gain-time= 1 month
Current Price= 1.27500
Buy Entry= 1.21705 - 1.16435
Take Profit= 1.48500 | 1.75982 | 2.23946
Stop Loss= 0.99389
Risk/Reward= 1:1.5 | 1:2.89 | 1:5.33
Expected Profit= +24.72% | +47.80% | +88.08%
Possible Loss= -16.53%
Fib. Retracement= 1 | 1.414 | 2
Margin Leverage= 1x
Estimated Gain-time= 1 month
Trade active:
▶️$ADA/USDT 12h: Trade active, all entries filled
#Cardano lost triangle support but found another one on Asc. TL.
I still believe a bounce is likely then road for a new local High!
#Cardano lost triangle support but found another one on Asc. TL.
I still believe a bounce is likely then road for a new local High!
Trade closed: target reached:
TP1 reached with +24.72% (1x) and +1.5R
Cardano broke bullish at last, nice profit grabbed and probably more to come!
Cardano broke bullish at last, nice profit grabbed and probably more to come!
