Cardano / TetherUSShort
ADAUSDT BAERISH REVERSAL
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Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
ADAUSDT, around a massive resistance zone
As we clearly see price is trading inside this channel making clean higher highs and higher lows
However, we are now around a resistance zone and a falling trendline, where we will be searching for bearish reversal.
So, for the bears to take over we need a break below the marked major swing low, then a further movement lower would be expected.
Until that we are bullish, and we can still trade higher and higher.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
ADAUSDT, around a massive resistance zone
As we clearly see price is trading inside this channel making clean higher highs and higher lows
However, we are now around a resistance zone and a falling trendline, where we will be searching for bearish reversal.
So, for the bears to take over we need a break below the marked major swing low, then a further movement lower would be expected.
Until that we are bullish, and we can still trade higher and higher.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
Note
GLAD TO MEET YOU THERE: t.me/Snipers_F_x
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
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