Cardano shows an interesting structure on the 4-hour chart. I see a clear logic for a short, and confidence in this move is about 89%. While most are waiting for a miracle, I focus on what the price itself indicates.



I plan to enter in the range of 0.269-0.270. If there are no active buyers at these levels, then downward is the path of least resistance. The main thing is to follow the plan precisely, not emotions.

The most important thing is to lock in the position and immediately move the stop to the entry point. This way, I protect myself from unexpected movements. Structure is what works when others are catching air. ADA is currently trading around 0.25 with a daily increase of about 2%.
ADA-4.72%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments