ADA ****UPDATE*****
*** SEE previous ideas below***
Posted a pic of a perp chart *beware perp prices may vary.
Hey everyone, HONEYITSGONE bringing you a quick ADA update today. We previously noted some potential Bear divs which have paid off today. We might have miscalculated the DB zone(still have bids).
***We are closely watching our oscillators. We expect some more sell pressure after this relief bounce. Then more relief before a continuation downwards.
This play has been in effect for weeks.
Short
We took profit near the green box labeled Buy/zone (the green horizontal lines) and closed our short position. We will build another short position near long TP zone 2 ($2.61 +) and higher if possible.
Long
We have filled long bids within the Buy/ Zone, and our target is within the Long TP zone 1 & 2
TP1($2.35 - $2.43) TP2( $2.61- $2.70). We already took profit in TP1 and set a S/L for-profit @ $2.30. We will try and build a long position again if stopped.
We expect some relief tomorrow, which can take us to TP zone 2 or higher. We then expect a continuation to the downside. Approach with caution as we expect without expectations. Beware of shorting cryptos as it leads to the phrase HONEYITSGONE!
Leave a like, comment, and follow if you want more of this content.
Sorry for the late updates. I am sitting on a couch in my underwear on vacation in my mom's basement. Mom's retirement funds are SAFU.
Best wishes,
HONEYITSGONE!
*** SEE previous ideas below***
Posted a pic of a perp chart *beware perp prices may vary.
Hey everyone, HONEYITSGONE bringing you a quick ADA update today. We previously noted some potential Bear divs which have paid off today. We might have miscalculated the DB zone(still have bids).
***We are closely watching our oscillators. We expect some more sell pressure after this relief bounce. Then more relief before a continuation downwards.
This play has been in effect for weeks.
Short
We took profit near the green box labeled Buy/zone (the green horizontal lines) and closed our short position. We will build another short position near long TP zone 2 ($2.61 +) and higher if possible.
Long
We have filled long bids within the Buy/ Zone, and our target is within the Long TP zone 1 & 2
TP1($2.35 - $2.43) TP2( $2.61- $2.70). We already took profit in TP1 and set a S/L for-profit @ $2.30. We will try and build a long position again if stopped.
We expect some relief tomorrow, which can take us to TP zone 2 or higher. We then expect a continuation to the downside. Approach with caution as we expect without expectations. Beware of shorting cryptos as it leads to the phrase HONEYITSGONE!
Leave a like, comment, and follow if you want more of this content.
Sorry for the late updates. I am sitting on a couch in my underwear on vacation in my mom's basement. Mom's retirement funds are SAFU.
Best wishes,
HONEYITSGONE!
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Click on image to see previous Idea
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Richer. congratulations
