Short $ADA at Double Top Short

Cardano/TetherOKX

Description

⋅ Dec 8, 2023 12:50 AM

At $0.46 BINANCE:ADAUSDT has hit resistance and formed a double top.

We have had a nice altcoin pump, now it's time to retrace.

If Bitcoin keeps going up, Cardano could break through this resistance pretty easily, but a short for a few days may be lucrative.

Comments

perdiris

⋅ Dec 8, 2023 4:15 PM

didn't aged well

tokentradertv

⋅ Dec 11, 2023 1:58 AM

I know, but thankfully, I had a stop limit at 0.47 at high leverage that is doing pretty well

ahmedyusuf7244

⋅ Dec 14, 2023 12:16 PM

idiot lmao

zorki42

⋅ Dec 9, 2023 4:10 AM

no confirmation at all and calling a DT ? The idea was good, but way too early.

tokentradertv

⋅ Dec 11, 2023 1:58 AM

@zorki42, what kind of confirmation would make you confident in a double top? Candle close below?

dhclf2

⋅ Dec 8, 2023 11:15 AM

ctbc6gsn2n

⋅ Dec 8, 2023 10:39 AM

Looks like a HH to me.