ADA- Cardano - Entered Short - This is Why!

4 giorni fa

On the Left is the Daily Chart and the Location is a Fib Area.
Analyzing the 1Hr chart for my entry:
1. As previous said Location is Fib - this is a great location for seller to come in
2. Fake Break on Fib 61.8
3. Indcreasing PVR on the up wave as we approach Fib 61.8 and High PVR volume at the top.
4. Hightest down volume wave after a very long time
5. Placed AVWAP and waited for a Plutus short singal below it
6.... and finally the short signal arrives PDHTMU (Push Down and then Hard to Move Up) with a high Speed Index of 8.4S

Target in the middle of Fib, but as long as we get to 50Fib we move are stop to breakeven or trail it.

Enjoy!

3 giorni fa

Trade chiuso: stop raggiunto

Stop hit and back to Fib 61.8