ADAUSDT potential plays - short scenario and long scenario
1. Short down to red trendlines below. Confluence of resistance in the 0.16 USDT area, with trendline, horizontal resistance, and 0.5 fib.
- Due to bullish nature of market, i'd stay away from that although it's a great set up. Could be a good hedge short for your other longs on other cryptos like BTC or Eth.
2. Long on a flip of 0.16 USDT confluence area. Would wait fo ra trendline break and retest for High leveraged trades.
- Due to bullish nature of market, i'd stay away from that although it's a great set up. Could be a good hedge short for your other longs on other cryptos like BTC or Eth.
2. Long on a flip of 0.16 USDT confluence area. Would wait fo ra trendline break and retest for High leveraged trades.
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