Cardano (ADA) - ADAUSD - Technical Analysis for Steem Community - 450% Profit Expected

in #bitcoin5 years ago

cardano ada -analysis.png

Cardano (ADA) - ADAUSD - Technical Analysis for Steem Community - 450% Profit Expected
Very Nice Trading Coming Ahead.

Based on AB=CD pattern , Time Ratio & Gann Analysis, It's a potential long position with great returns :)

In a lower time-frame (4hrs) this long position has also been confirmed.

Target Profit Range - 0.038-0.12

(58%-450% Profit Expected)

TP - 1 - 0.038
TP - 2 - 0.046
TP - 3 - 0.059
TP - 4 - 0.069
TP - 5 - 0.086
TP - 6 - 0.097
TP - 7 - 0.12

Buying Zone! Long Position

Early Entry Trigger Point - 0.024 - 0.03
Ideal Entry Trigger Point - 0.018 - 0.023

Adjust your Stop Loss according to your lot size,
account equity, strategy & money management.

***If you want to get in this trade from this point 0.0384 you can still make 17.2% profit till TP2 is reached, however, there is a very high probability that price may continue to move down towards my ideal entry point., It is recommended to enter with a smaller lot size if you want to go long right away & manage your stop loss accordingly.

Good Luck.!

Disclaimer - This is not financial advice. This is my personal view and analysis of this chart.
If you follow this idea please plan your trade according to your lot size and account equity.

Don't forget to upvote, comment & follow , If you agree with my analysis :)

Sort:  

Congratulations @jvoice! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You got your First payout
You received more than 10 as payout for your posts. Your next target is to reach a total payout of 50

You can view your badges on your Steem Board and compare to others on the Steem Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

To support your work, I also upvoted your post!

You can upvote this notification to help all Steem users. Learn how here!

Coin Marketplace

STEEM 0.29
TRX 0.13
JST 0.033
BTC 63035.00
ETH 3022.97
USDT 1.00
SBD 3.82