Recurring theme here. sadly bitmex scam wick slipped me out on my first trade i posted. but we move on and re-trade. Imo LTC has had its reversal pump. EOS has had its reversal pump along with TRX, XRP had the reversal pump back when it did 70% in a day. Ada is left. daily closes above 200 ma means moon in crypto. 3 TP's crazy reward. broke MS but started a new...
Trade Duration: Medium
Cardano is a decentralized public blockchain and cryptocurrency project and is a fully open source project. Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed. It is the first blockchain platform...
. Cardano/Bitcoin is in a range bound and the beginning of uptrend is expected.
.The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 50.
. There is a possibility of temporary retracement to suggested support zone (0.00001090 to 0.00001000). if so, traders can set orders based on Price...
Here you can see ADA/BTC. We are at the bottom and also in my BUY Zone of ADA. My trades: Binance 5% of capital in ADA ( LONG TERM TRADE )
And of course BITMEX ( LONG POSITION ) Leverage 10x.
As you can see on the chart there is a developing head and shoulders pattern. If the last leg developed perfectly, we can expect a potential 22% to the upside to the 1.618 and a further pump to the 2.618 which is exactly same as the head to the bottom distance. A buy stop order can be placed just above the neckline of the inverse head and shoulders pattern. This...
ADA/BTC pair looks to be on 5 wave impluse move and may have completed its wave 4 retracement. Target for wave 5 to complete the 1st larger wave up (assuming the market has bottomed as this is an impluse move) would be ~ 1500 sats assuming 1:1 extension of waves 3 and 4.