Cardano (ADA) Looking for a good short entry, long also possible

10 Ağu 2018

Cardano has formed a head and shoulders pattern followed by rejection of the trendline and red cloud. If I were looking at the chart alone, I would be shorting, but RSI tells us the rising support at the base, so a long is equally possible. Stoch has room to run too, so at the very least we could be holding the current price.

If this break the white base I believe you should short. I recently got into Bitmex and now I am able to make money in this market way more easily.

Short target at:
1800 satoshi's.

If the long scenario happens, the 1860 level must be broken convincingly for me to go long.

Long target at:
1930 satoshi's

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10 Ağu 2018

Not

Looks like we will hold here for awhile.

10 Ağu 2018

Not

Longer we hold more possibility for a bullish break of the cloud

10 Ağu 2018

İşlem kapandı: hedefe ulaştı

1.05%.

Not staying in due to btc drop.

10 Ağu 2018

İşlem aktif

Short position ready

11 Ağu 2018

İşlem aktif

White trendline is target 1.

11 Ağu 2018

Not

This is first weak support, bounce expected

11 Ağu 2018

Not

Bounce happened as predicted, continueing down

11 Ağu 2018

İşlem kapandı: hedefe ulaştı

I closed my short, moving onto BTC now, you may choose to stay in if you believe it will continue to drop.

Shorting ADA is getting more risky now.

13 Ağu 2018

İşlem elle kapatılmış

If you still are shorting ADA, close now and wait for move first.

13 Ağu 2018

Not

13 Ağu 2018

Not

On Aug 11 when I closed my short price has 1.67% move. Got lucky.

13 Ağu 2018

Not

I believe another 1% upside move is coming. New chart has been posted.