Just look at it, this is either the bottom or we plunge towards 5k.
$ADA Looks like a good short to me. Any significant buying at FTA would make me take profits early. Otherwise aiming for the cycle lows. Invalidation by closing above the "stop" would turn this chart bullish & present a good long opportunity. Wouldn't want to see weekly closes into the range, that would invalidate the idea early too.
Bitfinex Premium makes me wanna reduce risk. This is how I'll do it.
WR1 = Weekly range MR1 = Monthly range Green = Daily support Red = Daily resistance Looking for a move to the downside this month.