Hello my Fellow TraderZ,
Hope you guys are doing well in the Chippi-Choppy Market. The most important points to be noted in such Corrective Market or BEAR Market are
1. Save the Capital (always think 2x/3x before putting the Money).
2. Build the Capital (Trade small or consolidation ranges).
3. Deploy the Capital (Have patience and see the reversal structure of the Market).
Anyways, so today we have $ADA here. After being in the same zone since JUNE 2022, finally #CARDANO breaking the very very critical SUPPORT it has been ranging for a while. That means it is in the no land zone and a freeway to the below marked levels.
Also do not open any new SHORT position as this could be the DEVIATION as well and price would take off further which is quite less likely. Wait for the retest & Rejection from the SUPPORT level and get into the Ride.
Happy Trading. CHEERS!!!
Hope you guys are doing well in the Chippi-Choppy Market. The most important points to be noted in such Corrective Market or BEAR Market are
1. Save the Capital (always think 2x/3x before putting the Money).
2. Build the Capital (Trade small or consolidation ranges).
3. Deploy the Capital (Have patience and see the reversal structure of the Market).
Anyways, so today we have $ADA here. After being in the same zone since JUNE 2022, finally #CARDANO breaking the very very critical SUPPORT it has been ranging for a while. That means it is in the no land zone and a freeway to the below marked levels.
Also do not open any new SHORT position as this could be the DEVIATION as well and price would take off further which is quite less likely. Wait for the retest & Rejection from the SUPPORT level and get into the Ride.
Happy Trading. CHEERS!!!
