Reasons why I'm bearish on ADA/USDT:
- Clear Head & Shoulders pattern (and the graph is respecting all the H&S key prices)
- Bearish Moving Averages.
Buying zone:
$1.28 - $1.29
Targets:
1 - $1.15 (+10.4%)
2 - $1.07 (+16.6%)
3 - $1 (+22.1%)
Stop Loss:
$1.315 (2.3%)
- Clear Head & Shoulders pattern (and the graph is respecting all the H&S key prices)
- Bearish Moving Averages.
Buying zone:
$1.28 - $1.29
Targets:
1 - $1.15 (+10.4%)
2 - $1.07 (+16.6%)
3 - $1 (+22.1%)
Stop Loss:
$1.315 (2.3%)
Note
Disclaimer:This is not financial advice. The only purpose of this post is to share an idea and to talk about it.
Always remember do your own research!
Disclaimer
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.
Disclaimer
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.