Owcheew8

ADA bubble is finally deflating

بيع
Owcheew8 تم تحديثه   
BINANCE:ADAUSDT   Cardano / TetherUS
It seems that pump was on until some network upgrade which went live on 1st, lack of volume since can be felt. It means that whales are getting out and booking their profits. Trading bots have gotten quiet as well.
ADA pump stared at 10c, so retrace can be extremely deep. I expect correction to $0.68 at least.
It depends a lot on how far will Bitcoin correct, which again depends on how far will SPX correct. If Bitcoin corrects to 35k, ADA should hit 50c ish. Ideally this could be shorted to $0.35 but it depends on general market conditions. It's best to take profit on each proposed level and re-short as it brakes down.

tp1: 0.99
tp2: 0.68
tp3: 0.51
tp4: 0.35
تم إغلاق الصفقة يدويًا:
Based here as Bitcoin bounced. It's best to stay out until Monday Wall Street open and see in which direction should the market go.

التحليلات ذات الصلة

إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.