ADA Reversal Confirm Bullish!!!!
I am sharing my Views as per the technical Analysis
Bullish divergence Formation, Bearish momentum goin weak.
The price action is forming a symmetrical triangle, which is typically a neutral pattern, meaning it can break out in either direction.
Key Support & Resistance Levels
Resistance: Around $0.95 - $1.00
Support: Around $0.65 - $0.70
. Bullish Indications:
The price is approaching the apex of the triangle, suggesting an imminent breakout.
A breakout above the upper white trendline could push ADA towards $1.00+
5. Trading Strategy:
✅ Long Position:
Enter if price breaks above the white resistance line and confirms with volume.
Target: $0.95 - $1.05
Stop-loss: Below $0.6
Bullish divergence Formation, Bearish momentum goin weak.
The price action is forming a symmetrical triangle, which is typically a neutral pattern, meaning it can break out in either direction.
Key Support & Resistance Levels
Resistance: Around $0.95 - $1.00
Support: Around $0.65 - $0.70
. Bullish Indications:
The price is approaching the apex of the triangle, suggesting an imminent breakout.
A breakout above the upper white trendline could push ADA towards $1.00+
5. Trading Strategy:
✅ Long Position:
Enter if price breaks above the white resistance line and confirms with volume.
Target: $0.95 - $1.05
Stop-loss: Below $0.6
Trade ativo
TP-1 Achieved now Move the SL to Entry PriceTrade fechado: objetivo atingido
Trade still moving in our direction, Hold till it reach 1.
Nota
hold with patience
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.