hello guys!
such a day!
let's look at ADA!
Breakdown from the Ascending Channel:
The price has fallen below the ascending channel, signaling a potential bearish trend continuation.
A key support level around 0.7765 was broken, and the price is now testing lower regions.
Two Possible Scenarios:
Key Support and Resistance Zones:
Resistance: 0.7765 - 0.80 USDT (previous support, now resistance).
Support: 0.63 USDT, 0.48 USDT, and 0.29 USDT (major demand zones).
Trading Outlook:
Bullish Case: A successful reclaim of 0.7765 could lead to a price recovery.
Bearish Case: Failure to hold current levels may result in further downside.
Traders should monitor price action near 0.63 USDT for confirmation of the next move.
such a day!
let's look at ADA!
Breakdown from the Ascending Channel:
The price has fallen below the ascending channel, signaling a potential bearish trend continuation.
A key support level around 0.7765 was broken, and the price is now testing lower regions.
Two Possible Scenarios:
- Bullish Rebound: If the price reclaims 0.7765, a retest of higher levels like 0.95 - 1.00 USDT is possible.
- Bearish Continuation: If rejection occurs, price could drop further towards the 0.4836 Fibonacci level and even 0.2910 as the next demand zone.
Key Support and Resistance Zones:
Resistance: 0.7765 - 0.80 USDT (previous support, now resistance).
Support: 0.63 USDT, 0.48 USDT, and 0.29 USDT (major demand zones).
Trading Outlook:
Bullish Case: A successful reclaim of 0.7765 could lead to a price recovery.
Bearish Case: Failure to hold current levels may result in further downside.
Traders should monitor price action near 0.63 USDT for confirmation of the next move.
Nota
the last candle is like a liquidity provider!Dagangan aktif
it is running
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👉 My recommended broker: bit.ly/HYMCMELI
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Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
____
👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
Penerbitan berkaitan
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.
👉 My recommended exchange: promote.mexc.com/a/64IZV8fu
____
👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
____
👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
Penerbitan berkaitan
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.