engmmohie

ADA targets hasn't achieved yet

Long
engmmohie Updated   
BITTREX:ADAUSDT   Cardano / Tether
Here are the ADA Technical analysis using Gann method.
In the markets like that most calssic technical analysis fail to predict the correction point but our method is more accurate

I expect a small correction from 0.38 ~ 0.4 till 0.337 ~ 0.34 which may be a great point to buy for a target of 0.52

I will take that trade as following:
I will sell if the price touched the marked point or reached to that time (marked with dots. NO SL, If the price continued to go up, i will sell another 50% @ 0.433 with SL of 2 up candles above 0.433)
TP will be @0.337 ~ 0.34.

If it touched the 0.337, i will close the sell position and open another buy position @ 0.377 to achieve the target of 0.52 and SL = getting out of marked triangle.

Many people may see my method is complicated because there is no defined SL but this is the secret. you have to work with the chart.
My method consider the time factor with price so i wait for a specific price and a specific time to decide the entry point.

Have a nice day full of profit
Comment:
it seems that break down has been started
Be ready for Buy
Trade active:
I like the trades like that. trade is activated @ 0.337 and price increased instantly.
A zero reflection deal
Comment:
This chart shows the power of Gann methods compared to the classic technical analysis.
Comment:
For people asking about my telegram channel
you can find it here
t.me/crypteng
Comment:
I hope you are happy with the analysis and how the price isn't able to break our mentioned triangle and our mentioned point.
Wait for the next vertical line @ 12:00 AM. I expect the shot to occur at that time
Comment:
Be ready for the expected bounce or hitting SL
Comment:
As per the new pattern
TP has been updated
TP1 = 0.389
TP2= 0.43
TP3=0.529
Comment:
Be ready for TP1 to be achieved.
Max. price till now is 0.388
while our order on 0.389
It seems that we have a lot of whales here. there are a total orders of our TP1 point of more than 22000 $
Any way our trade is still active and we are now on 14% profit
Comment:
Price is down now
Move you SL to 0.35
and if you like to close 30% of your trade it will be good.
Price went out of triangle.
If it closes 2 candles out of triangle i will close all positions.
Comment:
Our trade is still active, we need to watch the next hours. it will be critical
Comment:
SL hitted @ 0.35.
I have closed 35% @ 0.37
35% @ 0.365
and other 30% @ 0.35 where our last SL
Sorry for not updating but i had a very long day and i was unable to access tradingview.
Any way 3 positions closed in profit either if price jumped again but i trade with the trend only.
Wait for my next trade
Comment:
Trade is already closed but can you see what happened to the price ?
Free falling to our old buy point. We have closed our trade 2 days before this fall. this is the power of Gann Analysis.
Happy profit
Comment:
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