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

2018년 8월 10일

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

Thanks for viewing! I post all my private charts such as BTC/USD here on tradingview. They can be found in the related ideas. Message me if you would like access to my more recent ones and I will share all the charts with you.

2018년 8월 10일

노트

Looks like we will hold here for awhile.

2018년 8월 10일

노트

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

2018년 8월 10일

거래청산: 타겟 닿음

1.05%.

Not staying in due to btc drop.

2018년 8월 10일

액티브 트레이드

Short position ready

2018년 8월 11일

액티브 트레이드

White trendline is target 1.

2018년 8월 11일

노트

This is first weak support, bounce expected

2018년 8월 11일

노트

Bounce happened as predicted, continueing down

2018년 8월 11일

거래청산: 타겟 닿음

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.

2018년 8월 13일

매매 수동청산

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

2018년 8월 13일

노트

2018년 8월 13일

노트

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

2018년 8월 13일

노트

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