Zerene

Cardano (ADA) Sell Zone

Short
BINANCE:ADAUSDT   Cardano / TetherUS
Cardano (ADA) Sell Zone
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BIAS
Mid-Term : Neutral
Long-Term : Bullish

Risk : High

This Cardano short scalp is currently at trading zone, however, it has been showing short-term signs of weakness meaning the risk for it has changed to medium.
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$ADA/USDT SHORT SETUP
Leverage : x1 - x3

Entry Price : 1.2 - 1.24

TP 1 : 1.18
TP 2 : 1.16
TP 3 : 1.14
TP 4 : 1.1
TP 5 : 1.07
TP 6 : 1.04
TP 7 : 0.985
TP 8 : 0.925

Stop Loss : 1.275

*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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