ADA/BTC 2D (Binance Spot) Parabolic curve on support

2 de set. de 2020

Cardano is looking very promising for mid-term and bull trend should resume soon.
Also, 100EMA seems to be holding the price, as long as we are above it we should keep up.
You can operate it on Spot or Margin with low leverage (up to 5x).

Current Price= 0.00001030
Buy Entry= 0.00001040 - 0.00000966
Take Profit= 0.00001248 | 0.00001443| 0.00001782
Stop Loss= 0.00000807

Risk/Reward= 1:1.25 | 1:2.24 | 1:3.97
Expected Profit= +24.43% | +43.87% | +77.67%
Possible Loss= -19.54%

Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x | 3x | 5x
Estimated Gain-time= 2160h

4 de set. de 2020

Trade ativo

All entries filled and bounce on 100EMA so far, as expected!
I'm maintaining that position, it's just a question of time Cardano will over perform Bitcoin.

25 de set. de 2020

Trade fechado: stop atingido

SL hit with -12.66% loss from average entry
After almost being stopped last week because I moved the stop a bit lower, I decided to close the trade at current price (876 sats) now it pumped.
I am not quite confident about it so better avoid more loss on alts for now.