Get started

Drop!

ADA may dropHello everyone, as you can see ADA is trying to break through a strong resistance right now. All the altcoins had a big growth today but we may see a pullback in the following days due the hypothetical recover of the BTC Dominance. I am expecting Cardano to fail the break through and bring us down to the support level ending our current uptrend. Make sure to take your profit and to do not join the market yet ! For any questions make sure to use the comments area below!
by michael772
3
BTC recipe for a drop? 6 Weekends out of 10 are Bearish with crypto , this is one point of view. However when do we continue the trend into the week? Usually this happens with the following recipe: - take 1 or 2 spoons of FUD - 1 spoon of false retrace - a handful of sell orders near critical support levels - all of them happening in a bearish pattern on high timeframes The 30k level might really fail this time, let’s see if there is any institutional brave enough to buy this fragile «dip«. Now , I have this short setup. I highly advise you check that distance to stop loss twice and calculate your position properly. The RR ratio is not ideal but it is deffinetly doable. Also I would caution you with leverage, using extremely low leverage 1-2x would be smart and would allow you to enter this short safely. This setup is optional. 
Short
by SublimeTraders
RUNE/USDT (1D - Binance) Waiting for good entry point. Hi Traders, Just quick idea, RUNE sounds like nice project (Fundamentally). But we can be still far from fair entry price. Depends what will be next move of Bitcoin. (My expectation is 1 more wave down to 25-20K; later 17K possibly). So Rune could drop to 2 or 1 USD. (My ideal buy zone). We need more data for much propper EW count. now the waves are overlapping. !! So there are few options to consider. Let me know whats your opinion with chart ;) Trade safe, have fun.
by LongevityContrarian