ADA another -35%? 😱

10 thg 10, 2022

Please 1st of all click the boost🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely for free.

This looks ugly. Cardano broke down this triangle📐 and I think there is chance for run to 0.2650 (meaning -35% drop from current price) and even lower. I'm already short from 0.4638 (see the idea below)...

...but setting SELL LIMIT order to previous range low to add another short position on the potential pullback.

• ENTRY: local low @ 0.4313
  
• STOPLOSS (SL): local high @ 0.4825
  
• TARGET (TP): height of the triangle projected from midpoint of the local range (SELL LIMIT - STOPLOSS) @ 0.2650
  
• REWARD RISK RATIO (RRR): 3.25
  
• INVALIDATION: when SL level hit
  

Check my other stuff in related ideas.

Please boost🚀, comment🗣️, follow me✒️, enjoy📺!

⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.

1 thg 11, 2022

Giao dịch đang hoạt động

SELL LIMIT Order filled ✔️

17 thg 12, 2022

Đóng lệnh: đạt mục tiêu

Here we go, Target hit! 🎯 Took it's time but the trade had almost no drawdown and it was 99% of the time in profit. Perfect!

2 thg 1, 2023

Ghi chú

Check the follow up idea here: