$ADA/USDT 4h (Binance Futures) Rising wedge breakdown
Cardano did a nasty bearish move and is probably going for a deeper retracement, let's try to enter on a retest.
Current Price= 2.5853
Sell Entry = 2.7256 - 2.8366
Take Profit= 2.0803
Stop Loss= 3.0150
Risk/Reward= 1:3
Expected Profit= +50.40%
Possible Loss= -16.82%
Fib. Retracement= 0.786
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
Current Price= 2.5853
Sell Entry = 2.7256 - 2.8366
Take Profit= 2.0803
Stop Loss= 3.0150
Risk/Reward= 1:3
Expected Profit= +50.40%
Possible Loss= -16.82%
Fib. Retracement= 0.786
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
עסקה סגורה: היעד הושג:
TP would have been reached with up to +58.80% (2x)
Cardano was no exception and instantly puked, entry was missed but nice profit if you jumped in.
Waiting for a true retest of the wedge or 100EMA now to short with the PC bot!
Cardano was no exception and instantly puked, entry was missed but nice profit if you jumped in.
Waiting for a true retest of the wedge or 100EMA now to short with the PC bot!
