ADA/USDT Possible setup for a short.
Exponential decay of previous trend was unsustainable, breakout was imminent.
Price then followed a linear rise, had a smallbear breakout and eventual retest/continuation.
Leading to where we are now.
Previous line bouncing between support/resistance looks to be the current trend top,
While the bottom continues on from a the first "stutter" after breakout of that exponential trendline.
DYODD, Set stops, not financial advice.
Exponential decay of previous trend was unsustainable, breakout was imminent.
Price then followed a linear rise, had a smallbear breakout and eventual retest/continuation.
Leading to where we are now.
Previous line bouncing between support/resistance looks to be the current trend top,
While the bottom continues on from a the first "stutter" after breakout of that exponential trendline.
DYODD, Set stops, not financial advice.
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La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.