ADABTC trade ideas
$ADA/BTC 1D (Binance Spot) Triangle Breakout and Trendline retesCardano Broke out of the Triangle and retested that Bearish Trendline on the Daily Time Frame
Current Price= 0.00002313
Buy Entry= 0.00002188 - 0.00002244
Take Profit= 0.00002704 | 0.00003138 | 0.00003614
Stop Loss= 0.00001949
Risk/Reward= 1:1.85 | 1:3.49 | 1:5.28
Expected Profit= +22.13% | +41.73% | +63.23%
Possible Loss= -11.97%
Estimated Gain-time= 1 Month
use Maximum 10 % of the Account
Lets surf on altAs bitcoin looses marketshare, altcoins are getting highs.
First Xrp, Then Doge, now its seems to be time for ADA.
They are growing on marketshare last week, you can see at coinmarketcap.
Start the day with 1,98% of marketshare, now ends it with 2,13%.
Ada break that flag on my point of view.
Ada performs the "Didi's needle" when mma of short and long open where i draw a circle, this show us that now is the time
ADABTC - Waiting for a dip! Not financial advice but someone sharing his trading diary! - Make your own plans and you will do fine in the long run.
I would like to see a small dip For entering a new position in ADABTC. Maybe BTC bullishness and the fact that ADA is facing an importante resistance make my plan work
. Catching ADA between 1756-1490 could be a good long-term position
--
Trading level by level and Risking 1% of the account
#btc # bitcoin #ada #cardano #altcoin #technicalanalysis #chart # trading #idea