Short ADA

12 Eki 2022

ADA has been struggling to hold the long-term support (since 2018) at around $0.4. However, it can be seen that a bearish flag is formed.

In 2D TF, the flag was broken down. Volume indicators propose that prices will continue to go down.

It can be also seen that the 2018 support was broken with medium volume. If market sentiment is not good the next days, panic sell may happen for ADA.

14 Eki 2022

İşlem elle kapatılmış

BTC and the whole market are strong. Better close trade here and wait for a reactivation later.

14 Eki 2022

İşlem aktif

Trade reactivated

16 Eki 2022

İşlem elle kapatılmış

Trade closed because BTC has some early sign to breakout
specially with MFI (to be confirmed)

18 Eki 2022

İşlem aktif

BTC is weak although stock has risen.

20 Eki 2022

Not

TP1 $0.336 was hit

25 Eki 2022

İşlem elle kapatılmış

Trade closed waiting for better entry and condition.