Trading Signals for Cardano (Ada/Usdt)
This trade is setting up quickly and requires prompt attention.
There is key support with the Daily Pivot Range, 3 Day and 6 Day Rolling Pivot Range as well as the Weekly Pivot Range, including the Monthly Pivot Range. This setup cannot be more supportive. With the price trading in breakout mode at the moment of writing the need to act is now to go long the market.
The action to take is to place a buy order to enter the market long within the buy zone area noted on the chart. This gives us a good risk reward ratio within a high probability setup with all this support. With the breakout this will confirm the market wants to move higher. Place the stop loss at the Opening Range low and the profit targets stated below.
Exchange: Bittrex
Buy Range: .270000 - .290000
Stop-loss: .194800
Take-profit1: 0.408200
Take-profit2. 0.653000
When Trading always remember to set your stop loss.