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Short-term SHORT ADA

Por CryptoDexHead
Atualizado
If next bar closes lower, we will see a downtrend at least to the 1,64$ level (being conservative, as for right now market is being indecisive)

Nota
By adding the Fibo retracements, we see that there is an important level just above the current price, given the situation, it looks nicely for a short entry
Nota
Closed above the last bar, didn't confirm... Should be waiting for next bar to see if it confirms, still looks pretty bearish to me
Nota
Even though it refuses to close on a red candle, volume is descending, matter of time IMO
Trade fechado: stop atingido
Price went the other way around, sometimes we lose :)
Chart PatternsTrend Analysis
CryptoDexHead
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