ADA/USDT (4H) Bullish or Bull trap (similar for all alts)
Hi traders, Today I am watching ADA which looks like finished "Ideal" 1:1 Zigzag correction to GoldenPocket 0.618-0.65 area of impulsive waves.
So this should be nobrainer long entry. BUT BTC looks like it will drop down with entire market. So this beautifull setup could be Bull trap.
Be carefull with all alts, use tight stops or wait for confirmaton to enter trades. Weekend can be bloody for Crypto market.
I will wait for opening of FX and Stock markets. Bcs SPX looks like it will bloody red as well.
Good luck and trade safe. ;)
So this should be nobrainer long entry. BUT BTC looks like it will drop down with entire market. So this beautifull setup could be Bull trap.
Be carefull with all alts, use tight stops or wait for confirmaton to enter trades. Weekend can be bloody for Crypto market.
I will wait for opening of FX and Stock markets. Bcs SPX looks like it will bloody red as well.
Good luck and trade safe. ;)
Trade closed: target reached