BuySellMarketMaker

Cardano ADA heavy coin inflow into exchanges

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BINANCE:ADAUSDT   Cardano / TetherUS
Next week we have the FOMC meeting.
Most likely the Federal Reserve will raise rates by 75 basis points. In case of 100 basis points increase, i expect a sell-off in the markets.
Major cryptocurrencies have seen heavy coin inflow into exchanges recently.
I expect a strong sell pressure next week.

ADA/USDT short
Entry Range: $0.45 - 0.49
Take Profit 1: $0.41
Take Profit 2: $0.35
Take Profit 3: $0.30
Stop Loss: $0.52

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