czarly

Accurate stops would have kept this tidy Bat alive!

Long
BINANCE:ADABTC   Cardano / Bitcoin
Do you really think ADA won't deliver? If yes, then just skip further. If you are in doubt, consider that it's frontman has a good track record: BitShares, Ethereum, Lisk and now Cardano.

Judging from the rules of harmonic patterns, this should not be taken lightly. For now it seems that a christmas rally can lift the ADA price about 333% in the most likely case of a 38% retracement. I don't wanna look any further. Let's give it some time and put the stop where it should be: At the point A, risking to loose 40%. This gives us A risk reward ratio of fabulous 8! What a snap!

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