ADAUSD Short Selling Signal
Looks like my instincts were right on the money with ADA! I've been keeping a close eye on this one, and it's been in a downward channel since May 22nd. Currently, it's trading near the resistance zone and showing some clear bearish reversal signals on the daily chart - a inverted hammer, baby! I'm putting my faith (and 3% of my trading capital) on the line and shorting from 0.4 to 0.43. Ready to make some moves? Here's my setup for a swing:
📍 Entry: 0.4xx -0.43x
📍 Stop Loss: 0.46xx
📍 Take Profit: 0.2xx
Always trade at your own risk and never risk more than you can afford to lose.
📍 Entry: 0.4xx -0.43x
📍 Stop Loss: 0.46xx
📍 Take Profit: 0.2xx
Always trade at your own risk and never risk more than you can afford to lose.
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