ADA/USDT Reversing From All-Time-High
Last night, ADA/USDT managed to reach the ATH around $0.39, impressive!
With Bitcoin edging lower, I'm expecting most USDT pairs to follow suit. Since ADA is one of the pairs which hasn't really corrected downwards in the last two days, this is a good moment to initiate a short position.
I've marked two potential areas of support on the chart, S1 and S2, based at recent lows. I'm expecting some consolidation around those areas. Happy trading!
With Bitcoin edging lower, I'm expecting most USDT pairs to follow suit. Since ADA is one of the pairs which hasn't really corrected downwards in the last two days, this is a good moment to initiate a short position.
I've marked two potential areas of support on the chart, S1 and S2, based at recent lows. I'm expecting some consolidation around those areas. Happy trading!
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