BINANCE:ADAUSD   Cardano / US Dollar (calculated by TradingView)
I will jeep it short & Simple.

Red line is SL.
Local high is my target.

Trade active: On the 4h candle we can see a bullish engulfing candle. Candle over candle :)
Trade closed: stop reached: in this current market it is always worthwhile to move your stop loss just above your entry price once the price goes up.

Stopped out. BTC dominance is growing, it already reached a new YTD ATH. Will wait once BTC has been cooled down.
Trade closed: stop reached: As we all know sometimes first the price goes to the SL and then up....Always be proud that you followed your predetermined plan. Trading should be considered as a marathon and not as a quick sprint ;)
Strong support level and nice long view.
+2 Reply
CryptoTraderXL Bullandbeartrading
@Bullandbeartrading, Tnx, eventually & unfortunately I have been stopped out.
How high is the local high?
+3 Reply
CryptoTraderXL Dermpath89
@Dermpath89, Recent high of last week: +/- 0.062
+1 Reply
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