justacryptotrader123

Cardano, let's catch the falling knife

BINANCE:ADABTC   Cardano / Bitcoin
Cardano is about setup to easiest trade ever, in 1 condition, that it's going down to the green area. That green area has been calculated very carefully by different indicators ( EW, Fib extension, Fib retracement, Volume Profile, it's also the only significant support area on the chart ). Basically, I guarantee you all that we're not gonna break it. But if it does, a very tight stop loss below 900Sats will save the day.

So how are we're gonna play this one?

first, Layer your buys in that green area,
Stop loss: 899 Sats
Take profit: It's gonna be at least a 30% profit. I'll follow this trade and keep you guys updated in the comments section.
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