Cardano (ADA) formed bullish BAT | A good long opportunity Long
Cardano / TetherUSBinance
Description
⋅ 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