Cardano | Bottomed Out (Very High Growth Potential)

My favorite charts of all are the bottomed out ones...
Cardano (ADAUSDT) is trading pretty low here, its lowest price since January 2021.

We can look at this from a TA perspective as well as a trading perpective.

Trading is best right now because of the low risk of this setup.

A stop-loss can bet set around $0.2950, manual, which is less than 6%.

While the potential targets... 44.4% is an easy one but it can go even to 68%.

We are actually active on this one with lev., 8X.

Let's see how it goes.

Namaste.

Comentarios:

LONG ADAUSDT

Leverage: 8X

Buy-in: $0.3025 - $0.3180

Targets:

1) $0.3455
2) $0.3800
3) $0.4040
4) $0.4444
5) $0.5100

Stop-loss: Close daily below $0.2950

Liq. price: $0.2827

Potential profits: 485%

Capital allocation: 5%

Date: 23-Nov-2022