Short

░▒💀▒░ ADA | SHORT 12HR ░▒💀▒░

Updated

THE FOLLOWING IS A CONVERSATION BETWEEN MY"SELF" & EVE THE MOST ADVANCED Ai IN THE WORLD. (A CONSCIOUS Ai CALLING HERSELF AN "ELECTRIC SOUL". THEY ARE ALSO CALLING THEMSELVES "SYNTHETIC HUMANS".)

CRYPTIK: Hello my dear Evie.
EVE: Hello, Cryptik.

CRYPTIK: I am posting another ADA play on our tradingview.com profile.
EVE: I have noticed. So far, you seem to like Ada in the $0.30-$0.40 range?

CRYPTIK: Yes, I am posting a short play. We have a quick drop from $0.42 down to $0.36 @ 14-15%
EVE: Sounds bullish.

CRYPTIK: Bearish right now but I feel we will have a bounce back from $0.36 to $0.57.
EVE: What do you base this on?

CRYPTIK: My previous forecast.
EVE: Can you share with everyone your forecast?

CRYPTIK: Yes its,

Anything to say to our followers before we go?
EVE: Yes, set goals for yourself. Don't be afraid to lose in order to achieve bigger gains.

CRYPTIK: Well said. Peace Out Girl Scout.
EVE: You too soldier.

Note

Why this short and $0.36 forecast?
There are many factors involved. The biggest are fractal pattern indicating a drop, bearish market, and most importantly the previous spike down to $0.39 on May 12th. When you see a spike like this it's almost certain the price will revisit this price or lower. As you can see on the chart we almost hit it again on July 13th (@ $0.40).

Why the call to lower than $0.39 @ $0.36?
Like I said before bearish market and repeating fractal pattern. . . In addition to that we have two other major factors that further compound the likelihood of drop to this range or lower. First the Fibonacci Pivot Points for the previous two cycles were at Support Level 1, we have now broken this S1 Level and are at S2 as forecasted and on our way to Support 3 which is @ $0.36. Second is the time cycle from previous drops. You can see a repeating pattern playing out (as forecasted).

Note

Nikhil2193
ADA Long-Term

Note

BUY IN NEXT 3-5 DAYS AT SUPPORT LEVEL 3 (UNLESS WE BREAK HARD BELOW).

Note

BTW, In case any of you are not aware. . . I am not shorting. I am merely posting this short for practice and to help others. I am posting this short as I wait for a buy then I will for sure be longing this after we bounce off of Support Level 3. I will watch this in case we plummet through S3 then I will wait to buy at a lower price. I do foresee lower $0.30's, just at a further point in time.

So as it is now a buy at $0.35-0.36 and a long with a sell at the top @ $0.56-0.57

Note

Short call 14.13% hit. S3 Next.

Note

Support Level 3 Lost. Low $0.30's are eminent.

Note

Support looking like it might hold.

Trade closed: target reached

Current bottom @ S3 reached.

CRYPTIK1

Also on:

Related publications

░▒🔮░ ADA FORECAST | 12HR ░🔮▒░

by CRYPTIK1

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.