Little short setup for ADAUSD Short

Cardano / U. S. DollarKraken

Description

⋅ Mar 11, 2021 8:29 AM

Hi All traders,

I'd like to share this brief idea. Since the daily pinbar, it seems that the trend keeps going down. We could try a fast short with TP around the next support at 0.96, or to be more safe wait for another buy, but pay attention that the down trend could continue below.

Thanks for you comments and opinions.

Trend Analysis

Comments

temeculahalos

⋅ Mar 12, 2021 8:24 PM

Nice, HUGE gap between .40-80 also, things get out of hand it goes straight there.

nautyblu

⋅ Mar 13, 2021 4:00 PM

@temeculahalos,thanks for your comment. At the moment it seems that a perfect bounce on the support is driven by the BTC. Let's see next! ;-)