alanmasters
Long

Cardano (ADAU19) Bullish Setup - 66.66% ROE with 6X Lev.

BITMEX:ADAU19   None
Cardano (ADAU19) is moving passively above resistance (EMA5, EMA10, and EMA50), and if it can close above 0.00000582, we have big chances of a move up...

The RSI is on the bullish zone.
The MACD is basically neutral but leaning more towards the bulls.

Targets are clearly marked on the chart.

Make sure to use a stop-loss if you decide to trade.

THIS IS NOT FINANCIAL ADVICE.
Leveraged trading is high-risk and for experienced/advanced traders only.

Thanks a lot for your continued support.

Namaste.
Comment: (1) 0.00000593 -Reached (+8.16%)
(2) 0.00000609 -Reached (+24.6%)
Trade closed: target reached: ENJOY THE PROFITS.
ALL TARGETS REACHED!
64%+ ROE (profits) so far...

---------------
Trade: LONG ADAU19 (Cardano)

Leverage: 6X

Buy-in: 0.00000560 - 0.00000586

Time frame: 4H

Targets:

(1) 0.00000593 -Reached (+8.16%)
(2) 0.00000609 -Reached (+24.6%)
(3) 0.00000630 -Reached (+46.14%)
(4) 0.00000650 -Reached (+64.56%) @ 0.0000648

Stop-loss: Close 4H below 0.00000550.

Liq. price: 0.00000503
(Buy-in calculated at 0.00000585)

Potential profits: 66.66% ROE

Capital allocation: 6%.
Comment:
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Related Ideas

Hey Alan, great trade! Do you think, Cardano will continue to climb higher from here?
+1 Reply
@Cash-Dash, Yes, I believe so. But it is important to consider the time frame...
Reply
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