SEmpire_FTT

ADAUSDT - CYPHER PATTERN STRATEGY

Short
BINANCE:ADAUSDT   Cardano / TetherUS
Hi traders !

Here my idea for ADAUSDT
I more for bearish sentiment for this crypto. Strong support already BO last few weeks
My strategy, is to wait price go to the RBS area which is also form a cypher harmonic pattern
This RBS area also have fresh demand area.
I would love to see price collect area for that fresh zone, and creating divergence in AO indicator
AO divergence means, indicator perform a higher low while price keep going make lower low
This is bullish divergence setup

For who already in position and hold, this area is the best area for you to average down

Please do share your though with me!

Trade safe
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.