TR7z

ADABEAR high volatility token. bear take over! 35% profit

Long
POLONIEX:ADABEARUSDT   3X Short Cardano Token / Tether USD
hy trader

i expect btc and alts to withdraw in the next few days. a perfect market phase to trade a high volatility token.

Since I am not yet sure how far ADABEAR will go, I will only deal with the start in the following lines, and update again and again at a later point in time.

Now for the chart !!

ADA formed a gigantic falling wedge in the last seven days, because I didn't like the volume in the wedge and also with the breakout that took place yesterday I was still waiting for confirmation. For confirmation for my trade and for confirmation to call this ralley.
We formed an ascending triangle directly above the wedge . An hour ago we broke out bullish . This time with good volumes. Enough confirmation to enter into the trade and call this rally. I hope I'm correct.
now to get started:

i expect a bullback to test the triangle .. so enough time to review my idea and prepare for the trade

Stop loss is below the 0.618 fibo of the previous movement
R / R 3.3
profit (1st target) 35%
loss 10%

alternatively, you can also keep the loss lower, since the breakout level would have to hold

if you like my idea, suporting me and push the like butten or follow me and leave a comment ... thx
Trade active: triangle retest
Comment: pump it up
Trade closed: target reached: yess..to the point 35% profit
new chart coming soon

Comments

wooot, genius
+1 Reply
super chart!
+1 Reply
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