ADAUSD does not look too hot as we dip into the demand zone once again within a short time span resulting in a weaker bounce than the previous, buyers are scarce in this zone as liquidity has been sucked dry. If something does not turn quickly i can see us testing previous lows if not more. A clear indication of a break will be upon volume or a close of this H10 candle. SHEAVY gave the SHORT lets see if we have follow through !
Note
Broke down Trade in play Looking for equal lows to more downside Good job if you got in and held your positions over the weekend!
Trade closed manually
Due to new findings in BTC i have closed all ADAUSD positions good trade hope you had fun !
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.