CardanoShort
Cardano/USD 12H sell opportunity
Last week I shorted already ADA/USD but on the 4H timeframe.
I closed that trade because the sellers didn't pushed the price down strong enough.
Looking back my trading decision was good but only zoomed out on a higher timeframe 12H.
Now I'm looking again to the trade on the 12H timeframe and see still a good sell opportunity.
The supply zone is strong and price cannot break trough bullish.
Also BTC is stalling arround the 99K lvl support, ETH is also near a small demand zone on the 12H.
This makes me confident to short this pair with a direct market order. Im in at this moment the market will move down next week temporary.
I closed that trade because the sellers didn't pushed the price down strong enough.
Looking back my trading decision was good but only zoomed out on a higher timeframe 12H.
Now I'm looking again to the trade on the 12H timeframe and see still a good sell opportunity.
The supply zone is strong and price cannot break trough bullish.
Also BTC is stalling arround the 99K lvl support, ETH is also near a small demand zone on the 12H.
This makes me confident to short this pair with a direct market order. Im in at this moment the market will move down next week temporary.
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