$ADA/USDT 2D (#Bybit) Descending trendline breakout and retest
Cardano is pulling back to 50MA support and seems to be done with the downtrend, let's prepare for mid-term recovery.
⚡️⚡️ #ADA/USDT ⚡️⚡️
Exchanges: ByBit USDT, Binance Futures
Signal Type: Regular (Long)
Leverage: Isolated (2.0X)
Amount: 4.6%
Current Price:
0.4051
Entry Zone:
0.4014 - 0.3618
Take-Profit Targets:
1) 0.4798
2) 0.5536
3) 0.6275
Stop Targets:
1) 0.2995
Published By: @Zblaba
ADA #ADAUSDT #Cardano #PoS #L1
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +51.5% | +90.1% | +128.9%
Possible Loss= -43.0%
Estimated Gaintime= 3-4 months
cardano.org/
⚡️⚡️ #ADA/USDT ⚡️⚡️
Exchanges: ByBit USDT, Binance Futures
Signal Type: Regular (Long)
Leverage: Isolated (2.0X)
Amount: 4.6%
Current Price:
0.4051
Entry Zone:
0.4014 - 0.3618
Take-Profit Targets:
1) 0.4798
2) 0.5536
3) 0.6275
Stop Targets:
1) 0.2995
Published By: @Zblaba
ADA #ADAUSDT #Cardano #PoS #L1 Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +51.5% | +90.1% | +128.9%
Possible Loss= -43.0%
Estimated Gaintime= 3-4 months
cardano.org/
Trade active
Entered entry zoneTrade closed: stop reached
SL was hit with -1RADA lost 50MA support leading to a big sell-off, stopping us out before it turns even uglier.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.