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DanilBlinkov
Dec 6, 2022 3:13 PM

ADA USD | Exit from the ascending channel! Short

Cardano / TetherUSBinance

Description

Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅

On the chart, the formation of an ascending channel, its development is right in front of you, according to the classics down.

On the technical side: the nearest support is in the $0.3-0.35 zone, there is a small traded zone there, well, it’s not a fact that the asset will be able to cling to it and not fall lower. So far, guys, just thoughts, there is also a possibility that bitcoin will show a rebound again from the 16,800 zone and the whole viola will follow them, so I write the shortest stop orders for transactions, be sure to take this into account !!! Approximate take profit shown on the chart.

While I don’t want to consider altcoins for any positions, I’m just sharing my thoughts here, maybe they coincide with yours and this is as an addition.
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