ADA/USDT Possible setup for a short.
Exponential decay of previous trend was unsustainable, breakout was imminent.
Price then followed a linear rise, had a smallbear breakout and eventual retest/continuation.
Leading to where we are now.
Previous line bouncing between support/resistance looks to be the current trend top,
While the bottom continues on from a the first "stutter" after breakout of that exponential trendline.
DYODD, Set stops, not financial advice.
Exponential decay of previous trend was unsustainable, breakout was imminent.
Price then followed a linear rise, had a smallbear breakout and eventual retest/continuation.
Leading to where we are now.
Previous line bouncing between support/resistance looks to be the current trend top,
While the bottom continues on from a the first "stutter" after breakout of that exponential trendline.
DYODD, Set stops, not financial advice.