$ADA #ADA 📉
Direction: SHORT
Entry zone: 0.179625 to 0.180345
Stop loss: 0.182685
Target 1: 0.176385
Target 2: 0.173686
Cardano is trading near 0.179985 dollars, down 2.31 percent in 24 hours, inside a range of 0.179465 to 0.185038 dollars, and the recent closes show a steady slide, 0.1812, then 0.1809, then 0.1804, then 0.1798, then 0.18. 🔴 My reading is that ADA is bleeding with the rest of the alt market, because it lost over 2 percent on 115.5 million dollars of volume while Bitcoin fell only 0.43 percent, and it is now sitting right on its range low instead of recovering with any relief. A short from the current zone, with a stop above 0.182685, targets 0.176385 first and then 0.173686 if sellers push through the range low. A rise above 0.182685 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Cardano fall to 0.176385 first, or rise above 0.182685? 🤔
Follow for more trades.
#Cardano #Crypto #FuturesTrading #TradingSignals
Direction: SHORT
Entry zone: 0.179625 to 0.180345
Stop loss: 0.182685
Target 1: 0.176385
Target 2: 0.173686
Cardano is trading near 0.179985 dollars, down 2.31 percent in 24 hours, inside a range of 0.179465 to 0.185038 dollars, and the recent closes show a steady slide, 0.1812, then 0.1809, then 0.1804, then 0.1798, then 0.18. 🔴 My reading is that ADA is bleeding with the rest of the alt market, because it lost over 2 percent on 115.5 million dollars of volume while Bitcoin fell only 0.43 percent, and it is now sitting right on its range low instead of recovering with any relief. A short from the current zone, with a stop above 0.182685, targets 0.176385 first and then 0.173686 if sellers push through the range low. A rise above 0.182685 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Cardano fall to 0.176385 first, or rise above 0.182685? 🤔
Follow for more trades.
#Cardano #Crypto #FuturesTrading #TradingSignals
