Is this ADA 4-hour bearish candle a prelude to a big drop or a bull trap shakeout?



$ADA /USDT - SHORT

Trading plan:
Entry: 0.167 – 0.167
SL: 0.171
TP1: 0.164
TP2: 0.162
TP3: 0.160

Why focus on this structure?
- The daily trend is clearly bearish. The 4-hour short signal is 95, and the main force keeps luring longs repeatedly around 0.167.

Discussion:
Will this drop first reach TP2 0.162, or will it wick straight to 0.160 and then rebound?
ADA0.12%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned