After taking profits on my long in the last idea, i think the chart is displaying a good entry for a short..
The POC ( RED Line ) on the volume profile is acting at a tough resistance for ada to break, i will be taking a short position here with my stop set just a touch above the poc..If we see a nice bit of selling volume the price should break down pretty fast..
My first target is shown, will adjust as needed..
Not financial Advice - DYOR..
The POC ( RED Line ) on the volume profile is acting at a tough resistance for ada to break, i will be taking a short position here with my stop set just a touch above the poc..If we see a nice bit of selling volume the price should break down pretty fast..
My first target is shown, will adjust as needed..
Not financial Advice - DYOR..