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Cardano / Tether
Short
Updated

ADA SHORT - MA 50 rejection

210
Shorting here - Rejected at MA 50 on 6/8. Should the rejection continue with a nice profit. Use stop losses and take profits when you are ready.
Note
.55-.53 Profits
.50-.47 Profits
If bitcoin continues to decline. SUB .45
Note
Close above MA 50 then switching to LONG
Note
Rising wedge - Bearish

snapshot
Note
Idea is playing out. Current price .58
Trade active
Still active @.55 Daddy bitcoin making the bears some money.
Trade active
Touches @.51
TraderOP_
ADAADAUSDTBTCcardanoCARDANOADAChart PatternsCryptocurrencyTechnical IndicatorsLUNAshortTrend Analysis

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ADAADAUSDTBTCcardanoCARDANOADAChart PatternsCryptocurrencyTechnical IndicatorsLUNAshortTrend Analysis
TraderOP_

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.