🔵 ADA (Cardano) on the weekly timeframe is holding a strong bullish trend 📈. We can see price has retraced into the Fibonacci 50–61.8% zone 🔢, which is typically a pullback into equilibrium ⚖️—an area often considered an ideal continuation entry in line with the trend.
👀 My bias remains long, but let’s break it down further:
📊 On the 4H chart, price action suggests a potential base forming—possibly big money accumulation 💼💰. That said, we don’t yet have a decisive break above to confirm.
🔎 Zooming into the 30M chart, the recent downtrend has been compromised with a shift in structure to the upside 🔄📈. What I’m waiting for now is:
1️⃣ An expansion above the previous high
2️⃣ A retracement and retest
3️⃣ A potential buy opportunity in alignment with trend ✅
This setup also aligns with a possible Wyckoff accumulation 📚—we’ve got relative equal lows, and a liquidity spike below could create a springboard for more bullish activity 🌱🚀.
⚠️ This is purely educational and not financial advice 🔒
👀 My bias remains long, but let’s break it down further:
📊 On the 4H chart, price action suggests a potential base forming—possibly big money accumulation 💼💰. That said, we don’t yet have a decisive break above to confirm.
🔎 Zooming into the 30M chart, the recent downtrend has been compromised with a shift in structure to the upside 🔄📈. What I’m waiting for now is:
1️⃣ An expansion above the previous high
2️⃣ A retracement and retest
3️⃣ A potential buy opportunity in alignment with trend ✅
This setup also aligns with a possible Wyckoff accumulation 📚—we’ve got relative equal lows, and a liquidity spike below could create a springboard for more bullish activity 🌱🚀.
⚠️ This is purely educational and not financial advice 🔒
👀 🚀 Winning Scalping to BEAT VOLATILITY + Prop Firm Warning & Insights: 🔥💰
🔗 youtu.be/lTL6x0VsFP8
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🔗 youtu.be/lTL6x0VsFP8
👉Join Our Free DISCORD For MORE:
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
👀 🚀 Winning Scalping to BEAT VOLATILITY + Prop Firm Warning & Insights: 🔥💰
🔗 youtu.be/lTL6x0VsFP8
👉Join Our Free DISCORD For MORE:
🔗 discord.com/invite/PcBeCdwVQq
👉 LinkTree:
🔗 linktr.ee/anthonyborn
🔗 youtu.be/lTL6x0VsFP8
👉Join Our Free DISCORD For MORE:
🔗 discord.com/invite/PcBeCdwVQq
👉 LinkTree:
🔗 linktr.ee/anthonyborn
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.