Cardano (ADA) formed bullish BAT | A good long opportunity
Hey dear patrons, hope you are well, and welcome to the new update on Cardano (ADA).
Previously we has good trade by ADA:
Now after sell-off on 4-hour time period chart, the price action of ADA has formed the final leg of the bullish BAT pattern.
Buying and sell targets:
Buy between: $1.19 to $1.17
Sell between: $1.23 to $1.30
Stop loss:
The maximum extent of buying zone can be used as stop loss, that is: $1.17.
Possible profit and loss ratio:
As per the above targets, this trade has profit possibility of 11% and the loss possibility is 2%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Previously we has good trade by ADA:
Now after sell-off on 4-hour time period chart, the price action of ADA has formed the final leg of the bullish BAT pattern.
Buying and sell targets:
Buy between: $1.19 to $1.17
Sell between: $1.23 to $1.30
Stop loss:
The maximum extent of buying zone can be used as stop loss, that is: $1.17.
Possible profit and loss ratio:
As per the above targets, this trade has profit possibility of 11% and the loss possibility is 2%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade