BINANCE:ADABTC   Cardano / Bitcoin
I m very very bullish at ada in long term but short term is a little bearish
-RSI double top 1D
-Stoch overbought 1D
-BTC about to drop ( we are in CBOE futures which is bearish )

Entry short 1301 sats
1 TP- 1241
2 TP- 1137
Below 1137 will be a free fall for ADA

Bottom also is at 655-710 sats
Comment: Also we have a very very strong ichimoku rezistence


SO SHORT IT
Comment: First target done
Comment: Second target achieved! Enjoy your profits guys
Trade closed: target reached
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Stoch can stay in overbought for a long time. It doesn't give a sell signal unless it is broken downward to the purple area. I'm entering a long at 1241 sats. I think this might be the time for a huge correction vs bitcoin in altcoin market. Volume is increasing. I agree that below 1130 is freefall. I will take a loss it it gets there.
Reply
@cankarako, When stoch at 1D is about 95+ it s a sell signal for me .Sure,after they will dump hardest and fastest the stoch will going down quickly in this case they can control stoch very easy but they need a fast dump and recover(for price) to remain bullish.Also BTC is in cboe which is bearish.Sure,you can open a long for ada at 1241 :)

Now is down ada with 24-27 sats from yesterday
Reply
cankarako CryptoSignalRomania
@CryptoSignalRomania, You where right good job :)
Reply
@cankarako, Thank you !
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