Next week we have the FOMC meeting. Most likely the Federal Reserve will raise rates by 75 basis points. In case of 100 basis points increase, i expect a sell-off in the markets. Major cryptocurrencies have seen heavy coin inflow into exchanges recently. I expect a strong sell pressure next week.
ADA/USDT short Entry Range: $0.45 - 0.49 Take Profit 1: $0.41 Take Profit 2: $0.35 Take Profit 3: $0.30 Stop Loss: $0.52