dRends35

ADA - Short The Domed Top

Short
dRends35 Updated   
BINANCE:ADAUSD   Cardano
ADA may have a nasty fall after it completes this price narrowing domed top - there's nothing but empty space beneath. Probable a heavy capitulation may come.

Price wicked into 200ma and later broken through - all looks very regressive. The air is leaving the balloon.

Death Cross arriving soon.

Short in this area $1.21 up to $1.34. TP1 $0.7 area above next support. TP2 $0.43 above second support

Not advice.
Comment:
Looking good so far. I doubt it gets to $1.34 now. Probably trundling down next week.

Part 1 video uploaded 9 June.

Is the bond market / FED pivot going to rock stocks and crypto 💀?

Crypto focus video coming soon😼.

Telegram Group: $50 per month 👍🏻.

Contact: t.me/dRends35
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.