I've been looking towards the 30 cents support for a while and waiting for a clear setup to get there, will be cautious around the .786 retracement in case this is a Gartley as opposed to the crab harmonic. 30 cents would be great buy opportunity and possible spring for wyckoff lovers
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.786 retracement has been hit but as BTC continues to seek lower you would have to assume ADA will follow, happy to remain short and stick to the original target around 30 cents
Trade closed manually
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Buyers stepping in on BTC, ADA held .786 retracement. I've closed most of the position, seems the gartley is in play so will look to enter long
Trade active
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.786 has been lost now so I'm going back to original 30 cents target, i compounded my short at 0.51 cents when ADABTC rejected off a local 618. This has been a really nice trade so far
Trade closed manually
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Closed out and flipped long at 47 cents, BTC and legacy markets looking to have found a bottom. If I'm wrong then so be it but the short would have paid for my mistake if so. Lets get it