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$ADA/USDT 2h(#BinanceFutures)Descending trendline break & retest

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BINANCE:ADAUSDT.P   Cardano / TetherUS PERPETUAL CONTRACT
Cardano is pulling back to 50MA support where we expect it to bounce and resume bullish.

cardano.org

Current Price= 1.4196
Buy Entry= 1.4203 - 1.3743
Take Profit= 1.5317 | 1.6674 | 1.8170
Stop Loss= 1.2763

Risk/Reward= 1:1.11 | 1:2.23 | 1:3.47
Expected Profit= +19.24% | +38.66% | +60.08%
Possible Loss= -17.32%

Fib. Retracement= 0.618 | 1.117 | 1.618
Margin Leverage= 2x
Estimated Gain-time= 2 weeks

Contracts:
#Mainnet
#BEP20 0x3ee2200efb3400fabb9aacf31297cbdd1d435d47
#BEP2 ADA-9F4


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