Fake Breakout Alert: Don't Be Fooled by the Deceptive Move!
Hi Everyone,
While ADA looks bullish in a small time, in a daily chart still looking bearish ,
Do not get fooled by this fake move and the reason is , the market still need to get the longs as they are LOTs.
If you wish to open a short position make sure you don't use all your capital at once, spread it as it will bring you more gains and minimise your risk.
For sure we do not suggest you open long position , but the decision is up to you.
Market at the moment looks a bit manipulated ,so be extra cautious!
While ADA looks bullish in a small time, in a daily chart still looking bearish ,
Do not get fooled by this fake move and the reason is , the market still need to get the longs as they are LOTs.
If you wish to open a short position make sure you don't use all your capital at once, spread it as it will bring you more gains and minimise your risk.
For sure we do not suggest you open long position , but the decision is up to you.
Market at the moment looks a bit manipulated ,so be extra cautious!
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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.
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.