Our ADA short trade was called on the 5 Sept 2022 on YouTube.
In an environment where cryptos are no longer in their own universe, traditional markets are imposing their influence. At the time, high interest rates and strong Dollar put pressure across the crypto space. Although a low RRR, the macro scenario made us confident of this pattern reaching a conservative target of 26c with overperformance to 17.5c
Direction: Short
Risk Reward Ratio: 1.6
Percentage gain: 37.96%
Trade duration: 101 days