$ADA : my plan
Sharp sell-off on high volume, with the price at the low of 0.1871. I don't want to chase the drop. I'm watching for a return to 0.1935–0.1955 (a 50–62% retracement and the lower Bollinger Band). If the price returns there and fails to break above 0.1995, I'll consider shorting toward 0.1871 and 0.1840. A 15-minute close above 0.1995 invalidates the idea.
I don't have a position right now.
This is my opinion, not an instruction or financial advice. The idea may not play out.
What do you think about $ADA after the sell-off: are you expecting a bounce or a continued decline?
#ADA #FOMC
Sharp sell-off on high volume, with the price at the low of 0.1871. I don't want to chase the drop. I'm watching for a return to 0.1935–0.1955 (a 50–62% retracement and the lower Bollinger Band). If the price returns there and fails to break above 0.1995, I'll consider shorting toward 0.1871 and 0.1840. A 15-minute close above 0.1995 invalidates the idea.
I don't have a position right now.
This is my opinion, not an instruction or financial advice. The idea may not play out.
What do you think about $ADA after the sell-off: are you expecting a bounce or a continued decline?
#ADA #FOMC
