๐ฅHi friends! Take a look at the volume indicator. STUNNING volume growth! We haven't seen such volume growth since the last PUMP before the FTX crash. I think that the big short is highly possible.
๐ TRADING PLAN FOR ADA: ๐ฅ local pullback to the HUGE value area of $0.31-0.32 (here we can find scalping longs) ๐ฅ growth above the local highs of $0.345 and false breakout ๐ฅ huge sell orders on DOM and Footprints after the false breakout
If all of these preconditions will happen, you have an amazing chance to open a short with the target up to 27% of a clear move.
โ THE MAIN TARGETS FOR ADA: 1. $0.29-0.3 - the liquidity gap 2. $0.265-0.27 - the value area 3. $0.25-0.255 - the value area
๐ฉ Traders, what is your plan for Cardano? Write your thoughts in the comments!
๐ปFriends, press the "boost"๐ button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.