ADA can bleed more.
Updated
Hello Friends,
Sorry I couldnot post here due to personal works.
ADA can bleed more? you can short it in Bitmex dot com/app/trade/ADAH18
Ok, It broke the Falling wedge which is the rare one, but it broke downside. Next demand zone is at 1300-700 sats, as RSI is in oversold area, it is possible that Price can bounce back to previous demand zone (current supply zone) @2500-2600 sats and continue to move down.
Sorry I couldnot post here due to personal works.
ADA can bleed more? you can short it in Bitmex dot com/app/trade/ADAH18
Ok, It broke the Falling wedge which is the rare one, but it broke downside. Next demand zone is at 1300-700 sats, as RSI is in oversold area, it is possible that Price can bounce back to previous demand zone (current supply zone) @2500-2600 sats and continue to move down.
Note
Heading to the next support at 1300 satsNote
Do you know you can short in Bitmex ?You would have made direct 30% on this short so far.
Note
It very hard to catch the exact bottom. My Demand is at 1300-1700 SATs. Price has bounced back at 1700 SATs, My expectation is to have one more dip close to 1700 SATs before the rally. The rally gets confirmed on the break of 2500 SATs resistance.
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