Cardano (ADA) formed bullish BAT | A good long opportunity

Cardano (ADA) formed bullish BAT | A good long opportunity

By moon333 | moon333 | 7 Apr 2021


Hey dear friends, hope you are well, and welcome to the new update on Cardano (ADA).

Previously we have good trade by ADA:

QslDdr13_big.png

https://www.tradingview.com/chart/ADAUSDT/QslDdr13-Cardano-ADA-formed-bullish-Gartley-for-upto-27-5-move/ 

 

Now after sell-off on a 4-hour time period chart, the price action of ADA has formed the final leg of the bullish BAT pattern.

vT9tCJ8F

https://www.tradingview.com/chart/ADAUSDT/iHJkB94c-Cardano-ADA-formed-bullish-BAT-A-good-long-opportunity/ 

 

Buying and sell targets:
Buy between: $1.19 to $1.17

Sell between: $1.23 to $1.30

Stop loss:
The maximum extent of buying zone can be used as stop loss, that is: $1.17.


Possible profit and loss ratio:
As per the above targets, this trade has profit possibility of 11% and the loss possibility is 2%.


Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.

 

For more harmonic trading ideas you can join me at:

https://www.patreon.com/moon333

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moon333
moon333

Hi, My name is Atif Akbar and I am a trader and trading charts author


moon333
moon333

Hi my name is Atif Akbar and i am trading charts author of different assets like crypto, forex, commodities, CFDs Stocks e.t.c.

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