TradingOn

$ADA/USDT 6h (Binance Futures) Broadening wedge near breakout

Long
TradingOn Updated   
BINANCE:ADAUSDT.P   Cardano / TetherUS PERPETUAL CONTRACT
Cardano swing, expecting a breakout soon!

Current Price= 0.30278
Buy Entry= 0.30226 - 0.28522
Take Profit= 0.34180 | 0.38067 | 0.43637
Stop Loss= 0.25958

Risk/Reward= 1:1.5 | 1:2.68 | 1:4.37
Expected Profit= +16.85% | +30.13% | +49.18%
Possible Loss= -11.26%

Fib. Retracement= 1 | 1.272 | 1.618
Margin Leverage= 1x
Estimated Gain-time= 240h
Trade active:
All entries filled on that dip

Cardano made the perfect move down and bounced, nice catch.
There is still that small rising wedge that is bothering me, but we are back inside it so I believe it's okay!

Trade closed: target reached:
TP2 with +30.13%(1x) and 2.68R

Cardano went nicely up as you probably saw, right now creating a bull-flag.
Road to last target should be soon, wait for it!

Trade closed: target reached:
TP3 with +49.18% (1x) and 4.37R

If you were still holding manually the prior long I send for Cardano, all targets reached now!


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