ComeDown
--
Bearish
update - short closed
$ADA what do we have
the price closed the week at 1.0997
came to the Saturday price reversal, but did not go higher, smoothly jumping from the level of 1.1173 - and who was selling there? :) but people ran to buy, hoping for a new high looking at $BTC ;)
and then the price dropped to yesterday's breaker at 1.074
on spot there was a decrease in open interest and on futures I have the impression that one or a group with a large capital is trading here
my hands itched to go long - but I tore myself away from the computer and did as always - go for a walk and refresh myself, a cup of coffee and seeing that the price did not go above .023 fibo, I opened a short
so the short was opened from 1.09350
I have already moved the stop by 25% in profit and closed 25% of the position at 1.073
very interesting zone 1.024 -0.9698 - what is remarkable? there was a large purchase on the spot, when small investors sold their coins immediately after an even greater fall, there was an increase in open interest and volume - so if these positions were closed last Friday - we will pass this zone quickly
big money turned the price on a long squeeze at the level of 0.9494-0.9154 - if this level will be also passed without increasing positions on the spot - I will congratulate you on a new squeeze of longs much lower... 0.67-0,69?
{future}(ADAUSDT)
$ADA what do we have
the price closed the week at 1.0997
came to the Saturday price reversal, but did not go higher, smoothly jumping from the level of 1.1173 - and who was selling there? :) but people ran to buy, hoping for a new high looking at $BTC ;)
and then the price dropped to yesterday's breaker at 1.074
on spot there was a decrease in open interest and on futures I have the impression that one or a group with a large capital is trading here
my hands itched to go long - but I tore myself away from the computer and did as always - go for a walk and refresh myself, a cup of coffee and seeing that the price did not go above .023 fibo, I opened a short
so the short was opened from 1.09350
I have already moved the stop by 25% in profit and closed 25% of the position at 1.073
very interesting zone 1.024 -0.9698 - what is remarkable? there was a large purchase on the spot, when small investors sold their coins immediately after an even greater fall, there was an increase in open interest and volume - so if these positions were closed last Friday - we will pass this zone quickly
big money turned the price on a long squeeze at the level of 0.9494-0.9154 - if this level will be also passed without increasing positions on the spot - I will congratulate you on a new squeeze of longs much lower... 0.67-0,69?
{future}(ADAUSDT)
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