Helical_Trades

ADA/USDT : Bearish FIBBO, how to trade now ?

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BINANCE:ADAUSDT   Cardano / TetherUS
ADAUSDT
Hello everyone😃
Bullish side📈
- Bullish crossover on MACD
- Bullish crossover on Stochastic RSI
- Bullish crossover on Helical indicator

Bearish side📉
- Bearish crossover on MACD ( 3days )
- Bearish crossover on Stochastic RSI ( 3days )
- Market positions are sharp bearish ( 3days )
- Bearish FIBBO retracement ( 4H - 3days )
- double top ( 1day )
- Helical indicator is very bearish ( 1day - 3days )

IT seems ADA will bounce one more time before heavy crash for DEFIs, Also its bullish on technical view for next hours !
But major is bearish, So it could best opportunity to open short If ADA follows FIBBO retracement, Also If BTC continue its growth ALTS will follow it slightly but their dominance are decreasing,
Its not a good idea to take long-term position on ALTS now !

Attention : this is not a financial advise we just try to help people on their own vision.

HAVE A GOOD DAY
- Helical_Trades

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