script051

ADA | Trap or not ?

Short
COINBASE:ADAUSD   Cardano
Here are some facts we all know :
• An ascending channel has been formed for a few days
• We have a resistance close to us that does its job well and resists 😅
• We also have a support that is probably the stopping point of many of us
What I think happened :
• price reaches the support line and crosses it
My reason is that there is good liquidity for the market leaders in that area.
• Now that the market sentiment is negative and traders are selling more, it can accumulate a lot of volume by passing support.

I am also waiting for the -hero signal

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