Stoemp

ADAM18 Correction, before continuing up the ladder

Long
BITMEX:ADAM18   None
Whilst piggybacking on the BTCUSD value, ADA, like most alts, had a great rally.

I am of the opinion that we are poised for a quick correction, within the next 24 hrs. Expect minor resistance at 3650, moderate resistance at 3620 and firm bottom at 3590.

I have hedged my new longs within the area, marked with the blue wave.

Lets hear your thoughts.

Please note, this is an opinion and should not be viewed as investment advise.

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