$ADA 90 New daily low (previous low 0.1657 → current price 0.1442), with trading volume reaching 1.8× the daily average.
The three stages I go through when I see a new low on rising volume:
1. “Surely it can’t fall below 0.1657, right?”
2. “Volume is already 1.8×—are we near the bottom?”
3. “I’ll wait for it to stabilize.” — and then I keep waiting.
Tell me in the comments: when did the market last teach you a lesson?
How you trade is up to you; I’m just sharing my thoughts.
The three stages I go through when I see a new low on rising volume:
1. “Surely it can’t fall below 0.1657, right?”
2. “Volume is already 1.8×—are we near the bottom?”
3. “I’ll wait for it to stabilize.” — and then I keep waiting.
Tell me in the comments: when did the market last teach you a lesson?
How you trade is up to you; I’m just sharing my thoughts.