Saw a good strong uptrend on ADA and had long'd it.
It's changing character here a bit on the market dump today, breaking that clean uptrend which is very visible on 15m and will likely cause more profit taking.
I noticed it up at 32.1-32.2 and was a little late entering a short so may not trade this but it's worth keep an eye out for a retest for a low risk/high reward entry if you can find it up at 32.2-32.3. Other wise, use lower leverage on a larger time frame with lower risk.
It's changing character here a bit on the market dump today, breaking that clean uptrend which is very visible on 15m and will likely cause more profit taking.
I noticed it up at 32.1-32.2 and was a little late entering a short so may not trade this but it's worth keep an eye out for a retest for a low risk/high reward entry if you can find it up at 32.2-32.3. Other wise, use lower leverage on a larger time frame with lower risk.
Comment:
Or just sit this one out. It may be too late. Hard to say what the market will do - it's been very confused.