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Short-term SHORT ADA

Short
Cardano / TetherUS PERPETUAL CONTRACT (BINANCE:ADAUSDT.P)  
CryptoDexHead Updated   
BINANCE:ADAUSDT.P   Cardano / TetherUS PERPETUAL CONTRACT
Trend Analysis Chart Patterns
2
0
trendanalysis chartpattern
If next bar closes lower, we will see a downtrend at least to the 1,64$ level (being conservative, as for right now market is being indecisive)

Comment:
By adding the Fibo retracements, we see that there is an important level just above the current price, given the situation, it looks nicely for a short entry
Comment:
Closed above the last bar, didn't confirm... Should be waiting for next bar to see if it confirms, still looks pretty bearish to me
Comment:
Even though it refuses to close on a red candle, volume is descending, matter of time IMO
Trade closed: stop reached:
Price went the other way around, sometimes we lose :)
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