$ADA/USDT 30m (Binance Futures) Chuvashov fork breakout
Cardano regained 50MA support again and seems to have formed a double bottom, let's give it another chance!
Current Price= 2.1364
Buy Entry = 2.1215 - 2.0943
Take Profit= 2.1927 | 2.2580 | 2.3443
Stop Loss= 2.0723
Risk/Reward= 1:1.25 | 1:2.2 | 1:3.47
Expected Profit= +20.05% | +36.60% | +56.05%
Possible Loss= -16.15%
Fib. Retracement= 0.618 | 0.786 | 1
Margin Leverage= 5x
Estimated Gain-time= 3 days
Current Price= 2.1364
Buy Entry = 2.1215 - 2.0943
Take Profit= 2.1927 | 2.2580 | 2.3443
Stop Loss= 2.0723
Risk/Reward= 1:1.25 | 1:2.2 | 1:3.47
Expected Profit= +20.05% | +36.60% | +56.05%
Possible Loss= -16.15%
Fib. Retracement= 0.618 | 0.786 | 1
Margin Leverage= 5x
Estimated Gain-time= 3 days
Trade active:
All entries filled
Cardano dipped retesting 50MA and bounced on it, now confirming the breakout!
Cardano dipped retesting 50MA and bounced on it, now confirming the breakout!
Trade closed: target reached:
TP1 reached with +20.05% (5x) and +1.25
Cardano made it this time and broke-out bullish, totally worth a second try! 🙌🏼
Continuation is likely, SL updated to lowest entry (2.0943$) to secure the trade.
Cardano made it this time and broke-out bullish, totally worth a second try! 🙌🏼
Continuation is likely, SL updated to lowest entry (2.0943$) to secure the trade.
