Today i show you my ADA Daily Chart Analysis that shows all important Price levels. ADA broke down the biggest support at 0.98$-1.03$ and i expect a big correction after this retest is successfully done.
Where does the correction stop?
- I think at 0.40$ area ADA will get strong support finally and we shouldnt fall below it
Are there trade options for that correction?
- Yes you can short ADA from 0.98$-1.03$ with dollar cost average and a stop loss above 1.03$
I hope you guys like this idea.
Note
Quick Update of the Trade. My short on ADA is up 400% with a 20x leverage and my stop loss was above 1.03$ as i told you in this post. I recommend moving stop loss into profit and taking some money out now.
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