Cardano / TetherUSShort
Is $ADA going to 0.85? $ADA short position setup
As ADA approached the resistance zone, I had already opened a short position. However, the price held steady around 1.055, which I initially assumed to be a support zone. Today, as the price followed 
BTC’s downward movement, it finally broke above 1.055. At this point, I opened another short position, as shown in the chart, anticipating the price to drop to 0.95 first and then to 0.85.
ADA approached the resistance zone, I had already opened a short position. However, the price held steady around 1.055, which I initially assumed to be a support zone. Today, as the price followed BTC’s downward movement, it finally broke above 1.055. At this point, I opened another short position, as shown in the chart, anticipating the price to drop to 0.95 first and then to 0.85.
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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.