TradingView
Fidia
Aug 30, 2021 9:02 AM

Clear high tight flag pattern Long

Cardano / U. S. DollarKraken

Description

The price of ADA has doubled in two weeks, and this last week has been consolidating.
If we see high volume and confirmation, we will likely see a 25% further bump.

Let's see how it plays out.
I personally would risk just 1% of my capital, with a potential reward of 4.5% (I would then set a trailing stop that follows the 10 ema if it starts to play out).

Disclaimer: I am not a trader, I am just an amateur investor. Trade at your own risk.

Trade active

Man this has played out perfectly.
Taking 30% profit at $3.50 then letting it run.
More