Worth_The_Ri5k

#Cardano : 2 hours till hard fork.

BINANCE:ADAUSDT.P   Cardano / TetherUS PERPETUAL CONTRACT
ADA Shelley hardfork in 2 hours, its already pumped and i would avoid buying unless we see a very clean flag structure play out.

If the flag structure does not appear or breaks downwards i will expect a sell off on ADA to test the lower zone again which is the top of the consolidation before we broke out.. if this happens this is the level to look at the next long opportunity.

Comment:
Call me gandhi.. so far ADA following what i expected..

We need to confirm support in the TEAL zone for some upside.
Comment:
Will need to bounce soon or looking at more downside here.

1300 likely.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.