ADAUSDT binance futures short expected after an upward manipulation.
The momentum and volume are decreasing, the trendline is very clear. The possible short position is confirmed after an upwards spike close to the trendline and fib level.
will the history repeat?
Note
false breakout to the downside, don't enter a short position yet. wait for the manipulation as confirmation.
Note
the first shorts are liquidated and the sell volume increases. But the long short ratio becomes more bullish... Are we close to the entry?
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.