Cardano Trade - 05/09/2021

Aggiornato
Hello everyone

As we discussed in the previous analysis, the price of cardano had formed a rising wedge patterm, and it had broken the support of the pattern. As I mentioned, I was expecting a retracement to the 0.618 fibonacci level to position myself short to the -0.272 fibionacci level.

You can leave your opinion below, thanks

Trader Dark Eyes


Sell Cardano:

Entry price: 2.942

Take profit: 2.737

Stop loss: 2.974

Risk / Reward: 6.41


Information about the chart:

White line: TF 1D

Yellow Line: TF 12H

Gray Line: TF 4H

Blue arrow: Possible projection

Horizontal white line: Supports and resistance

Red line: Channels and patterns
Commento
previous analysis

Cardano analysis - 04/09/2021
Commento
istantanea

ADAUST + 4.11%
Commento
istantanea

ADAUSDT + 4.37 %
Commento
istantanea

ADAUSDT TAKE PROFIT + 6.97%
Trade chiuso: obiettivo raggiunto
Chart PatternsHarmonic PatternsTrend Analysis

Declinazione di responsabilità