H2024

$ADA



I want to share a trade setup that looks really good. It has relatively low risk with a very high potential for reward. The low risk is not based on the amount of leverage but the chart itself.

Notice the low 3-Feb., there is a higher low 7-Apr.
If you can open a position that is safe above the 3-Feb. low, then this would a low risk position and can work for the long-term.

The falling wedge pattern and the two green candles are also great. The previous session and the current active session.

Since we already looked at Cardano in detail, let's focus on the full trade-numbers for this chart setup. Most of the targets should hit within months.

_____
LONG ADAUSDT

Lev: 5X

Current price: $0.6637

Entry levels:

1) $0.6800
2) $0.6300
3) $0.6000
4) $0.5710

Targets:

1) $0.7000
2) $0.8213
3) $1.0130
5) $1.1508
9) $1.8300
12) $2.6500
13) $3.4620

Stop-loss:
Close weekly below $0.5600

Potential profits: 2110%

Capital allocation: 5%
_____

This chart setup can also be approached with 3X since it is already moving.

The amount of leverage you use will depend on your own risk tolerance.

Leveraged trading is high risk. High potential for rewards but also very high risk. This is a game not for kids. This is for adults. Mistakes can result in a major loss. Good decisions can result in big gains.

If you enjoy the content, consider hitting follow and leaving a comment.
Boost also to show your support.

Thank you for reading.

You are appreciated.
Your support is appreciated.

I am here working for you for the long-term.

Namaste.