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dee718
Jun 17, 2019 6:13 AM

ADA all high volume concentration at the highs...look for  

Cardano / TetherUSBinance

Description

.. some sort of fake out action to the upside, which may have taken place already

high risk... struggling

looking elsewhere..

GL
Comments
LisaNEdwards
it is in the consolidating phase, that is why you buy the breakout ;)
dee718
@LisaNEdwards, buy the breakouts in crypto?
dee718
@LisaNEdwards, I tend to wait to see if strength shows back up on pull backs to key areas.. buying breakouts is too risky for me.
But, for whatever its worth, i do think there is a case that there is some profit taking activity taking place at this price level and if one was to buy at the top, you would be buying into an unknown area of supply which can immediately turn against you.
BUT.. anything can happen of course.. buying low is just a personal condition/rule for my style and temperament.
Fun stuff!
LisaNEdwards
@dee718, Crypto is always fun, turns sometimes when you least expect it
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