civomt

ADA (Cardano)- Time to short?

civomt Updated   
BITTREX:ADAUSD   Cardano
Short-term target of ADA wasn't reached yet. If we broke that ascending line to the down, we will see the test of the support area 0.0388-0.038 (first rectangle). If we stay at this area - or make sqeeze up( back to 0.04 areas) we will be back at neutral areas again. Otherwise, we can see a test of second support. At this moment, (when I write this idea) volume start increasing - so It looks like we will within 2 hours most likely test the first support.
Comment:
Still moving on the edge. Till we don't see move minimum to 0.0420, I'm expecting test of the supports.
Comment:
So first support was broke, we get touched second one, from where we get kick back to the first support. At the moment, I don't think the drop is over yet. Probably the support one will be broke again, and we will test support 2 second time.
Comment:
Both targets reached.
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