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Just a brief post to show where I entered a short position (red boxes), where I will add to it, and where I will close it (if everything goes to plan). One thing I think people who hold a bullish perspective must admit is that right now the price is facing a lot of resistance to rising. This is why after entering in the first red box at the 0.618 fib ...
ADA looks like its going through the path of continuing to fall as it crossed 2 support lines and touched them shortly after. Unlike BTC, BCH or ETH there its more likely to see another fall until a reversal.
Let me know if you think ADA is different to other altcoins
Cadrano (ADA) is closing to an area to decide the direction for the next week. In the wake of BTC news, looks more plausible to go short, but markets can be unpredictable.
Short now, SL 0.203, TP 0.188
To make predictions about another member's request. The bullish trend formed ascending channel. Another wave of growth I think is in the bag. Put likes and subscribe, and also write to me if you want to see something else