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AlkalineFX
Jun 5, 2022 10:27 AM

The Future of Cardano (ADA) Short

Cardano / TetherUSBinance

Description

Price gave buyers hope but that came to halt shortly after.

If we incorporate our same view of BTC into Cardano, then we should really see another sell-off before buyers combat it.

Because the demand price is trading at currently is so weak, we may see a drop off from here OR once the break and liquidity gets swept (As Illustrated)

I will keep you updated on my thought process and whether I enter or not.

Comment

Searching for sells now.
Comments
TheSignalyst
I like how clean the chart looks. let's see how it will unfold!
AlkalineFX
@TheSignalyst, Respect! TP Hit
Vibranium_Capital
It can happen, did you consider potential news ?
AlkalineFX
@Vibranium_Capital, Yes, down it goes!
yonsfx
Amazing alkaline
AlkalineFX
@yonsfx, Cheers bro!
Lingrid
Very nice view!
AlkalineFX
@Lingrid, Nice one Lingrid
Solldy
It's a good idea, but we still have to wait for confirmation, so we shouldn't go in now.
AlkalineFX
@Solldy, I see your point
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