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Short
Updated

ADA / BTC Short Trade

137
  • A couple bearish divergences on other charts (bitmex chart doesn't have enough trading history)
  • Daily Candle finished low off the high
  • Although Stoch RSI is pointing up and crossed the midpoint, RSI is over 70
  • Made a Higher High on less volume
  • At the top of Daily BBands
  • Target based on confluence of fibs and previous area of structure.
Trade active
Note
Price broke down. Hit an intraday order block. Looking for more downward continuation. Moved my stop closer (it's trailing)
Note
Moved stopped further down. Approx 41.96K sats
Note
New Stop: 40.91 Sats
Trade closed: stop reached
AzorAhai06
Also on:
ADAADABTCBTCcryptoCryptocurrencyFibonaccishortSupply and DemandSupport and Resistance

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.
ADAADABTCBTCcryptoCryptocurrencyFibonaccishortSupply and DemandSupport and Resistance
AzorAhai06
Also on:

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.