I am sharing 4hr timeframe chart just to give you all clear view of what happening with regards to $BTC
Since BTC started its downward movement after hitting 69k. BTC was moving downward in a parallel channel. After the breakout of the channel. BTC got rejected at 51.9k and again it started moving in a new downward Parallel channel.
As you can see BTC price is...
If you are looking for a trade in $ADA
I have tried to make entry exit strategy for CARDANO LONG. But given the market scenario. I would suggest you to your back testing as well. As it's not a financial. It's just my reading of the chart.
#DYOR