Hello traders,
This is a nice trade setup for Cardano, even though the correction for more down move could be finished; it is more likely to correct higher based on its position on the chart and the long red impulse we have with very little flat movement.
In my opinion, if we are going to go lower, it will give us a longer correction which allows us to get this trade in.
LO - 0.485$ zone (check USDT difference in your chart)
TP - 0.053275$
SL - 0.044654$
Note: If you do not get tagged and it goes without you, then don't FOMO in.
If you would like me to forecast a specific pair that I have not covered, feel free to comment it down below!
Please don’t forget to like & follow.
Thank you,
Good luck
This is a nice trade setup for Cardano, even though the correction for more down move could be finished; it is more likely to correct higher based on its position on the chart and the long red impulse we have with very little flat movement.
In my opinion, if we are going to go lower, it will give us a longer correction which allows us to get this trade in.
LO - 0.485$ zone (check USDT difference in your chart)
TP - 0.053275$
SL - 0.044654$
Note: If you do not get tagged and it goes without you, then don't FOMO in.
If you would like me to forecast a specific pair that I have not covered, feel free to comment it down below!
Please don’t forget to like & follow.
Thank you,
Good luck
Comment:
Great trade for anyone who took it, consider moving your stop to .0507 just in case it falls here.
Comment:
TP!
Good job to anyone who took it.
I Will have more setups out in the next coming weeks.
Good job to anyone who took it.
I Will have more setups out in the next coming weeks.
The trade is still on, but I would move my stop loss to break even here because if the correction stalls much longer, the flag will most likely fail.