VitalijKac

VitalijKac

We see a short term trend change on Cardano, I will try to enter the LONG trade at the 0.48 if it will re-test the price. Trade probably will be short term, risk ratio almost 1/4.

VitalijKac Updated 

Stop loss will probably be on 8.16 and my profit goal is at 6.05 (it has a strong support level at a price 6.00) potential risk-reward ratio 3.25

VitalijKac

Closed nice position Short analysis: - Short x4 - Longterm downtrend - Trade was going by the trend - Nice liquidity area, volume growth

VitalijKac

Price is not moving last few days very much, so I have decided to enter the position between support and resistance level. The overall trend is bearish, so we found a good entrance on the second attempt. The First attempt failed and stop-loss worked because of my failure to set the correct stop-loss price. The price goal is 0.38, loss profit ration almost 1:3.

VitalijKac Updated 

Nice response level on 8.00, making short order at 7.58, planning to hold the deal until the response level at 6.10. Possibility to take part of the profit on half of the way, depending on price behavior.

VitalijKac

ATOM re-tested the resistance at 12.30, opened short at 11.94. Plan to hold at least until 10.23, probably prolong the part of the deal until the 9.00USD.

VitalijKac Updated 

Overall it is a bearish trend. We see a strong level of supply at level 0.6 and a level of demand at 0.44. I am opening short on re-test of the price on 0.58. Plans to take part of the profit at the level of 0.5 and depending on the price behavior I will hold part of the trade until the 0.46.