Short
Cardano (ADA) - Let's Short This Guy
Ok guys, 5 beautiful waves formed. Shooting star is forming on 2h chart (which is strong bearish signal). MACD and RSI showing big big big bearish divergence.
For now i can't see him to go up.
Here is my trade.
I expecting ABC correction now.
My target is 0.236 Fib of entire structure.
In case that I'm wrong i will put stop loss just above that 5. wave.
If you have any question fell free to post a comment or DM me.
For now i can't see him to go up.
Here is my trade.
I expecting ABC correction now.
My target is 0.236 Fib of entire structure.
In case that I'm wrong i will put stop loss just above that 5. wave.
If you have any question fell free to post a comment or DM me.
Trade active
Everything goes as it should. Strong rejectinon as expected. If something change i will write it here.Trade closed: target reached
Target reached. This was so easy.
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Disclaimer
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.