📊 Analysis:
Consolidation Phase: ADA has been consolidating sideways for almost two weeks, indicating a potential accumulation phase.
Key Level: Watching the $0.75 level closely for a breakout, which could signal a push up to the next area of resistance.
Entry Point: Consider entry with a break of the $0.75 level, entering into a long spot trade.
Upside Target: The next area of resistance is at $1.18 - $1.25.
Stop Loss: Place a stop loss just below $0.68.
🌐 Note: Given the overall market conditions and the potential for a correction, it's essential to manage risk closely. Keep an eye on market dynamics and any news that may impact ADA.
Consolidation Phase: ADA has been consolidating sideways for almost two weeks, indicating a potential accumulation phase.
Key Level: Watching the $0.75 level closely for a breakout, which could signal a push up to the next area of resistance.
Entry Point: Consider entry with a break of the $0.75 level, entering into a long spot trade.
Upside Target: The next area of resistance is at $1.18 - $1.25.
Stop Loss: Place a stop loss just below $0.68.
🌐 Note: Given the overall market conditions and the potential for a correction, it's essential to manage risk closely. Keep an eye on market dynamics and any news that may impact ADA.
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.
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.