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bstuart1984
May 12, 2021 6:02 AM

ADA Short version 1 (Bigger Drop) Short

Description

If we retrace all the way to the trend, this is a possible bounce scenario.
Comments
pluckyHunter3666
May say that it needs to do a double bounce off previous high before continue higher.
Nice chart but bit off a shock when it happens and all that said is target 2,3 and 4.
It hit 1.8 and tested 1.5 twice.
bstuart1984
@pluckyHunter3666, after a dump like today's I'm not as bullish anymore. I think we could easily see more downside to 1.37-1.47 level. We'll see, but I'm on the sidelines until we get some kind of confirmation. The sell off at 1.8 was a great short though!
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