Hi friends !
I am watching for short-term trade.
But ADA needs to escape above orange DOWNTREND LINE with volume & solid green candle expanding at 4h timeframe.
This is 1 hour for better tracking.
382 FIBO acts as neckline & support of previous cup&handle pattern .
I will consider If i really do this trade.
Because everybody waiting what will happen with BTC direction.
I personally think, Bitcoin hasn´t enough " steam " to hold above 10k .
So it means, trading now is really risky .
This chart is only for education purposes.
Please, never trade by my charts. I am not a professional !
Sincerely,
Mario Emvo.
*This is not a fiancial advice.
I am watching for short-term trade.
But ADA needs to escape above orange DOWNTREND LINE with volume & solid green candle expanding at 4h timeframe.
This is 1 hour for better tracking.
382 FIBO acts as neckline & support of previous cup&handle pattern .
I will consider If i really do this trade.
Because everybody waiting what will happen with BTC direction.
I personally think, Bitcoin hasn´t enough " steam " to hold above 10k .
So it means, trading now is really risky .
This chart is only for education purposes.
Please, never trade by my charts. I am not a professional !
Sincerely,
Mario Emvo.
*This is not a fiancial advice.
Comment:
ADAfalled below main downtrend.
Trade closed: stop reached
*This is not a financial advice.