ADA rolling over = BTC rolling over 1D
Bulls have failed to sustain their push especially with the alts running out of steam. I'm mainly trading off of the Daily & Weekly and we haven't had a retest of our Weekly low around $6850.
Bear volume is slowly increasing and a lot of the lead alts are starting to bleed.
ADA pumped hard which led the last "real" push towards 10k (It was May 27th, check the daily for each) and it's the first to rollover.
I do have a short position.
Checkout that nasty RSI lol
Non-crypto: Money is going into stocks for the time being. I personally have seen lots of posts about that on social media from associates.
Bear volume is slowly increasing and a lot of the lead alts are starting to bleed.
ADA pumped hard which led the last "real" push towards 10k (It was May 27th, check the daily for each) and it's the first to rollover.
I do have a short position.
Checkout that nasty RSI lol
Non-crypto: Money is going into stocks for the time being. I personally have seen lots of posts about that on social media from associates.
Note
There we go. Probably going to see a bounce around $9500 but I'm going to hold onto my position until the Daily and/or the Weekly RSI is around 25-15Note
*$8500
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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.