Cardano / TetherUS
Short
Updated

ADA short

132
Total market / BTC:
- rejected at resistance, broke consolidation structure to downside
Daily:
- Price rejected @ 20 EMA on daily, had cradle zone pull back
4H:
- Failed to hold above liquidity zone
1H:
- broke uptrend line and 1h support structure to the downside

Stop loss: 0.952
- above liquidity zone, MAs, and uptrend line
Take profit: (tp1) 0.75
- at low, closing only have of position there. will let remained run
Trade closed manually

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.