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NinjaTradingServices
Aug 21, 2021 7:04 PM

Demand Zone Lower On ADA Long

Cardano / TetherUSBinance

Description

Will this be the final long before the drop?

I see ADA dropping to previous demand imbalance around 2.2/2.1/2.0 by this time next week.

I then expect a strong buy movement coming in and breaking the highs, fakeout the highs and then dump again.

Also a clear divergence between price and vol. For those that knows my posts will know this divergence.

Summary: Drop to 2.1, rally to 2.6

Comment

Price broke higher so now if it drops to around 2.5 it will probably bounce to new ATH again.
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