Is it time to short cardano? for BINANCE:ADABTC by Gustav_Z

trendanalysis chartpattern waveanalysis adabtc cardano short bitmex correction

It seems like we're getting to the end of the 3rd wave here on BITMEX:ADAM19
we can see that the fib is matching almost perfectly, the waves support it and we got some strong bearish divergence going on.
My first target would be around 1670~
Lets see what happens next...

Trade closed: target reached:

Trade closed at 1668~
Giving us 7% profit before leverage

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