ADA chart entry to buy this dip

29 May 2021

A. If crash continues, look to enter at low point, possibly around $0.80 per coin or potentially even $0.16, never know when the bottom is in, so establish with a tiny position. If wrong, no worries. Points A, B, C, and D are good guesses as any from a technical standpoint. Macro view is more important. BTC is more important as the leader. Follow the leader. Initial TP point is at Bull Flag structure as in chart. If Options positions are significantly net long, expect bearish crash to continue.

B. If bottom is in, use $1.30 as initial entry point. Tiny position as always. Build on position. If Options positions are significantly net short, expect the bottom to be in. Usually this will occur after the asset has heavily crashed and fearful idiots, who are late to the party and manipulated by fear media talking heads, take a lot of heavy short positions too late.

ANYTHING COULD HAPPEN. Tiny positions, high leverage, make money with this vol. Vol is your friend. The trend is your friend.

31 May 2021

Not

Bottom MAY be in, test with a tiny position. Just missed the $1.30 by 4 cents, may be worth while to put in a small long.