evasivesteering

Short ADA

Corto
evasivesteering Actualizado   
BINANCE:ADAUSDT   Cardano / TetherUS

ADA has been struggling to hold the long-term support (since 2018) at around $0.4. However, it can be seen that a bearish flag is formed.

In 2D TF, the flag was broken down. Volume indicators propose that prices will continue to go down.

It can be also seen that the 2018 support was broken with medium volume. If market sentiment is not good the next days, panic sell may happen for ADA.


Operación cerrada manualmente:
BTC and the whole market are strong. Better close trade here and wait for a reactivation later.
Operación activa:
Trade reactivated
Operación cerrada manualmente:
Trade closed because BTC has some early sign to breakout
specially with MFI (to be confirmed)

Operación activa:
BTC is weak although stock has risen.
Comentarios:
TP1 $0.336 was hit
Operación cerrada manualmente:
Trade closed waiting for better entry and condition.

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