Overview:
#ADA has been following a perfect harmonic pattern and has now completed it. On the 1-hour timeframe, a bullish divergence has formed, signaling potential upward momentum. But is it time to go long? Let's break it down.
Key Confirmation:
🔹 Harmonic pattern completion
🔹 Bullish divergence on 1H timeframe
🔹 Price respecting key support levels
🔹 The final confirmation? A break and close above resistance!
Trading Plan:
🔹 Entry: Wait for a 1-hour candle to close above resistance
🔹 Targets: TP-1: 0.78 and TP-2: 0.8250
🔹 Stop-Loss: Below recent swing low for proper risk management
What’s Your Take?
Do you think #ADA will break out or face rejection? Share your thoughts in the comments! Let’s discuss and trade smartly.
Follow for more trade ideas!
#ADA has been following a perfect harmonic pattern and has now completed it. On the 1-hour timeframe, a bullish divergence has formed, signaling potential upward momentum. But is it time to go long? Let's break it down.
Key Confirmation:
🔹 Harmonic pattern completion
🔹 Bullish divergence on 1H timeframe
🔹 Price respecting key support levels
🔹 The final confirmation? A break and close above resistance!
Trading Plan:
🔹 Entry: Wait for a 1-hour candle to close above resistance
🔹 Targets: TP-1: 0.78 and TP-2: 0.8250
🔹 Stop-Loss: Below recent swing low for proper risk management
What’s Your Take?
Do you think #ADA will break out or face rejection? Share your thoughts in the comments! Let’s discuss and trade smartly.
Follow for more trade ideas!
Trade ativo
Trade is active.Trade fechado: objetivo atingido
Both TPs Hit due to the positive News. Hope everyone enjoy this ride. 
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Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.