Oluwawithin

ADAAUD - Small Scale in Trade

Long
BINANCE:ADAAUD   Cardano / AUD
Bought 58 ADA for around $1. 40 on March 16th 2021.
When trade had strong close above $2.00 (new high), put Buy Limit order in for another 43.
Got filled on May 7th 2021.

Average net cost $1.64.
Currently 36% up.
Close below $2.00 should exit.
Trade active: "Daily can it hold above the green 8" means that I am watching for the Daily 8/21 EMA and whether the green 8 EMA will provide support for the close tonight.
Trade active: 4 Hour Analysis.
Comment: $2.50-$2.60 looks like a good place to sell.
Multiple Pivot Resistance levels.
Trade closed manually: Closed all position at $2,11, expected further sell off in UK and US Sessions, got out in bounce in asian session.
Should of held on, diamond hands I do not have.
Still 33% profit.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.