ADA has hit resistance and has seen increasing price on decreasing volume. The chart could turn out to be a huge bottoming pattern, but short term I want to see a retrace.
Totally possible that I'm wrong and this is just the beginning of a mega rally for alts. In which case, feel free to counter-trade this idea XD
happy trades,
CD
Totally possible that I'm wrong and this is just the beginning of a mega rally for alts. In which case, feel free to counter-trade this idea XD
happy trades,
CD
Note
Well, this hit target 1 but did not retrace further before Do Kwon pumped BTC which was a rumor I foolishly ignored... Hope you took profits at target 1 and closed once it broke back above that 1.16 level.Perhaps counter-trading me was the giga-brain strategy all along o_0
Note
back to Target 1... Perhaps a second chance for this setup to play out further...Note
back to Target 1 again... this is why I never post short setups... lol.
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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.