For people followed up my last ADA trade , we have bought at a killing point 0.337 and sold around 0.37 near to high. i informed you later to stay tuned for next trade.
This post is a long term prediction for ADA.
Just save this chart and look at it each week, if the price is still inside our channel then our targets is still on.
Sure we can sell and buy many times until we reach our target but buying the low is the best trade.
For me, this trade is very nice compared to BTC for example.
Because BTC targets is around 20K while the best buy point may be around 8500 (See my last post about BTC)
So if target achieved then profit = 20/8.5 = 2.35
But this trade is as following
Buy zone 0.25 ~ 0.275 and the big target = 1.024
So profit = 1.024/0.26 =~ 4 approx.
Because of that if i will invest 1000$ then i will invest 700 in ADA and 300 in BTC.
The game in crypto isn't to buy any coin and get profit, it's about buying the most profitable coins
for now be prepared for buying ADA by 10th of May @ the mentioned price zone
_____________________________
I got some messages asking me to analyze more alts,
I will tell you something.
I am almost analyzing most alts in market but i only post the trades like that which has a very low risk compared to the profit
and the one that has a high probability of achievement from my point of view.
________
Questions are welcome
This post is a long term prediction for ADA.
Just save this chart and look at it each week, if the price is still inside our channel then our targets is still on.
Sure we can sell and buy many times until we reach our target but buying the low is the best trade.
For me, this trade is very nice compared to BTC for example.
Because BTC targets is around 20K while the best buy point may be around 8500 (See my last post about BTC)
So if target achieved then profit = 20/8.5 = 2.35
But this trade is as following
Buy zone 0.25 ~ 0.275 and the big target = 1.024
So profit = 1.024/0.26 =~ 4 approx.
Because of that if i will invest 1000$ then i will invest 700 in ADA and 300 in BTC.
The game in crypto isn't to buy any coin and get profit, it's about buying the most profitable coins
for now be prepared for buying ADA by 10th of May @ the mentioned price zone
_____________________________
I got some messages asking me to analyze more alts,
I will tell you something.
I am almost analyzing most alts in market but i only post the trades like that which has a very low risk compared to the profit
and the one that has a high probability of achievement from my point of view.
________
Questions are welcome
Comment:
Our chart is still active. We always take the trade as the market tell us, there are 2 scenarios now, the price will drop and then we can buy at our mentioned zone or the price will go up and reflection will not happen at this time, if this happened we may buy higher but it doesn't matter the price you buy on it. it's about the risk management, so in conclusion, if the price went up i will buy after breaking 0.364. But till now there are some time for the price to go down to our buy zone. I hope that is clear.
Comment:
this is the first scenario
Comment:
and this is the second scenario
But the targets will not be the same. if that happened i will update later
Comment:
We may go to first scenario. As i told you in the morning, don't buy at zones like that. We have nothing to loose till now. we are waiting for our buy zone to be triggered
Trade active:
Our trade is activated
Comment:
It looks good because the close price of the day is above our support 0.254, But if you have entered with early i suppose to reduce your trade now to 50% because market is very volatile now
Comment:
As i told before, i have closed 50% of my position, Take care of next 4 hours, if the candle of the current 4 hours closed under 0.254, So we have to accept the small loss and close the trade waiting for a better buy point. But if you are an investor, You can keep what you bought and buy again at the level i will tell you later. Finally it's your decision
Comment:
this is another opportunity for who hasn't closed 50% of his trade to close it now @ 0.263
Comment:
If you took this trade please look at this update
Comment:
I will close this position now waiting for a confirmation that trend is up
Trade closed manually
Comment:
BTC Update
Comment:
Finally we are ready to buy again
Wait it in mentioned zone