Cardano / TetherUS

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ADA triangle breakout

Cardano seems to be accumulating to break up this triangle📐 and if that is the case then I think there is chance for run to 0.601 and even higher. Setting BUY STOP-LIMIT order to current range high to catch the breakout.

ENTRY: local high @ 0.5476
STOPLOSS (SL): local low @ 0.5205
TARGET (TP): height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - STOPLOSS) @ 0.601
REWARD RISK RATIO (RRR): 2
INVALIDATION: when SL level hit

Check the parallel setups on DOGE:

Is DOGE back?

and SHIB:

Is SHIB back?

Please boost🚀, comment🗣️, follow me✒️, enjoy📺!

⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.

交易开始

Order filled ✔️

交易结束：到达止损

Almost made it to the target but reversed right below. Then hit the stoploss🛑 followed by a huge spill. Always have SL in place...

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a

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免责声明

这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。