As highlighted in my previous ADA analysis, I’ve maintained a bullish bias, recommending buys below 0.80 USD. Since then, price has indeed revisited the 0.80 support zone and rebounded strongly.
More importantly, since mid-August, ADA has been consolidating within a symmetrical triangle. Technically, this is a continuation pattern, and given that the broader trend from 0.50 (mid-June) has been constructive to the upside, probabilities favor an eventual bullish breakout.
Key Levels & Plan:
✅ Bullish bias remains intact above 0.80 USD
⚡ Breakout confirmation above 0.95 USD (recent resistance)
🎯 Upside target: 1.30 USD – a reasonable and achievable objective if momentum extends
Conclusion: Until proven otherwise, ADA’s structure suggests an upside continuation once resistance gives way. A breakout above 0.95 would serve as the clear green light for further gains. 🚀
More importantly, since mid-August, ADA has been consolidating within a symmetrical triangle. Technically, this is a continuation pattern, and given that the broader trend from 0.50 (mid-June) has been constructive to the upside, probabilities favor an eventual bullish breakout.
Key Levels & Plan:
✅ Bullish bias remains intact above 0.80 USD
⚡ Breakout confirmation above 0.95 USD (recent resistance)
🎯 Upside target: 1.30 USD – a reasonable and achievable objective if momentum extends
Conclusion: Until proven otherwise, ADA’s structure suggests an upside continuation once resistance gives way. A breakout above 0.95 would serve as the clear green light for further gains. 🚀
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.