dRends35

ADA - Short The Domed Top

Short
dRends35 Updated   
BINANCE:ADAUSD   Cardano
ADA may have a nasty fall after it completes this price narrowing domed top - there's nothing but empty space beneath. Probable a heavy capitulation may come.

Price wicked into 200ma and later broken through - all looks very regressive. The air is leaving the balloon.

Death Cross arriving soon.

Short in this area $1.21 up to $1.34. TP1 $0.7 area above next support. TP2 $0.43 above second support

Not advice.
Comment:
Looking good so far. I doubt it gets to $1.34 now. Probably trundling down next week.

I'm somewhat quiet on TView for now but you can find me pumping content every day in my Telegram Trading Group 🧐

Part 2 of the fortnight video now uploaded to the group: 27th May - Crypto focus😼.

$50 per month 👍🏻.

Contact: t.me/dRends35
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