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
Dagangan aktif
TP-1 Achieved now Move the SL to Entry PriceDagangan ditutup: sasaran tercapai
Trade still moving in our direction, Hold till it reach 1.
Nota
hold with patience
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.
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.