AlphaTradeZone

Cardano has a little more room to go up!! #ada #tatip

BINANCE:ADABTC   Cardano / Bitcoin
Cardano has been in a parabolic run for the last weeks. Technically for it to drop coins have to be distributed first. Distribution is probably going to happen after it rejects the high that is a bit above or at the Daily supply zone . This is where you should be looking to sell the last ADA that you have and squeeze some more profit and look to build a short position on ADAM19 futures on bitmex after market structure breaks on the downside.
Too much resistance to go beyond this level in my opinion, however as long as momentum is holding and market structure is not shifting stay away from shorts.
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