This is a short trade based on the premise that ADA is in a bearish consolidation, and sitting right on top of the 4hr cloud. The flat cloud bottom will draw the price to it, and I will take profit at the red horizontal and the bear flag target/.5 fib
The green zone below would be my long target entry if we break down like I expect. A break up through the blue line would be bullish .
The green zone below would be my long target entry if we break down like I expect. A break up through the blue line would be bullish .