ADAUSD 60 % drop coming - be ready!
Updated
Many persons won´t like this idea but the fact is that ADAUSD remains in the downtrend.
Small bounce only to get rejected from the downsloping resistance line is still possible but generally we expect ADAUSD to continue its downtrend as other alts most likely will do.
- September is usually bloody for crypto
- BTC.D at the key support - bounce expected which would be bad for altcoins market.
- every bounce to the downsloping resistance line is a short opportunity.
- if the price reach our buy zone, it would be a 95 % drop which is similar to drops that we saw for many alts in the 2018/19 bear market
- Be patient!
Small bounce only to get rejected from the downsloping resistance line is still possible but generally we expect ADAUSD to continue its downtrend as other alts most likely will do.
- September is usually bloody for crypto
- BTC.D at the key support - bounce expected which would be bad for altcoins market.
- every bounce to the downsloping resistance line is a short opportunity.
- if the price reach our buy zone, it would be a 95 % drop which is similar to drops that we saw for many alts in the 2018/19 bear market
- Be patient!
Trade active
Key support´s broken. Expecting more downsideTrade active
Be patient. the price heading downNote
Many persons ask us about Cardano. Guys, give it some time. Targets remain the same.Note
Cardano remains under sell presure. Distribution on lower timeframes is ongoing. Expecting a sharp drop in December.Note
Don't rush with your longs. Patience.Note
The price is retesting the major trendline. If we see a daily close above the trendline, the trend will be bullish and we won't be looking for lower targets anymore
💥 Free signals and ideas ➡ t.me/vfinvestment
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