Get started
mrbudershank

(ADA) 15 min day trade short idea.

Short
ADAUSDT Perpetual Contract (BYBIT:ADAUSDT.P)  
mrbudershank  
BYBIT:ADAUSDT.P   ADAUSDT Perpetual Contract
Trend Analysis Technical Indicators
0
0
trendanalysis indicator
Short Idea

1. Daily Pivot
2. Multiple fib pulls including GC
3. R1 and Weekly pivot before stop loss
4. Market structure is downwards

Entry point: .3380
Stop Loss: .3420
TP1: .333
TP2: .3295

Consider adjusting TP1 based on reactions to EMA50/VWAP.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.