$ADA/USDT 15m (Binance Futures)Falling broadening wedge breakout
Cardano regained 50MA support, here goes risky scalp on very Low Time-Frame.
Current Price= 2.1493
Buy Entry = 2.1540 - 2.1268
Take Profit= 2.2252 | 2.2961 | 2.3915
Stop Loss= 2.0723
Risk/Reward= 1:1.25 | 1:2.29 | 1:3.69
Expected Profit= +19.80% | +36.35% | +58.65%
Possible Loss= -15.90%
Fib. Retracement= 0.618 | 0.786 | 1
Margin Leverage= 5x
Estimated Gain-time= 2 days
Current Price= 2.1493
Buy Entry = 2.1540 - 2.1268
Take Profit= 2.2252 | 2.2961 | 2.3915
Stop Loss= 2.0723
Risk/Reward= 1:1.25 | 1:2.29 | 1:3.69
Expected Profit= +19.80% | +36.35% | +58.65%
Possible Loss= -15.90%
Fib. Retracement= 0.618 | 0.786 | 1
Margin Leverage= 5x
Estimated Gain-time= 2 days
Trade closed: stop reached:
SL hit with -15.90% (5x) and -1R
Cardano lost 50MA support and went for full retest of the wedge, we'll try again another day.
Cardano lost 50MA support and went for full retest of the wedge, we'll try again another day.
Comment:
New trade idea:
