#ADAETH - Rejection Off Top Trend Line Incoming?
It looks to us like #CARDANO is about to hit some resistance and reject to the downside against #ETHEREUM. Price has been caught in this closing wedge for some time and we're going Short once again off this top trend line.
There is one layer of support going through this wedge which could be a good place to take some profits, but we'd also like to keep some of the trade open for further drops to the lower edge of this wedge.
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Ideas by theCrypster meet the guidance notes and disclaimer as mentioned below and within our website. See Signature for more info! ✌️
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Crypto Tipster v2
theCrypster
There is one layer of support going through this wedge which could be a good place to take some profits, but we'd also like to keep some of the trade open for further drops to the lower edge of this wedge.
If you enjoyed or agree with this idea - drop us a comment, like & follow! 😀
Ideas by theCrypster meet the guidance notes and disclaimer as mentioned below and within our website. See Signature for more info! ✌️
🔥🔥🔥
Crypto Tipster v2
theCrypster
Comment:
Are we going to see a pump back up the upper trend line?
Stay sat on this mid-level of consolidation?
Or continue dropping to the lower trend line?
Stay sat on this mid-level of consolidation?
Or continue dropping to the lower trend line?
Comment:
#ADA / #ETH continued it's descent to the lower trend line as per our prediction.
Take some profits now before the bounce off of support!
Take some profits now before the bounce off of support!
Feel free to take some profits at this point on the level of support! 👌