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ADAUSDT
💡Market Analysis:
ADA has broken above the descending trendline and key resistance level with a strong bullish momentum candle. A successful retest of this key level will confirm the continuation of the upward trend toward the next resistance targets.
Key Support & Resistance:
🎯 Trade Entry & Exit Plan:
⚠️Risk Management:
Maximum 1% risk per trade.
❤️Please share your thoughts and comments on this analysis!
ADAUSDT💡Market Analysis:
ADA has broken above the descending trendline and key resistance level with a strong bullish momentum candle. A successful retest of this key level will confirm the continuation of the upward trend toward the next resistance targets.
Key Support & Resistance:
Key Resistance: 0.1943 - 0.2262
Key Support Area: 0.1735 (Key Level) / 0.1560
🎯 Trade Entry & Exit Plan:
- Entry: Breakout/Pullback of trendline or key zones with >80% candle body and two waves outside.
- Stop Loss: Behind the last wave or the last strong breakout candle.
- Take Profit: Minimum R:R 2, with further targets at major horizontal levels (0.1943 & 0.2262).
⚠️Risk Management:
Maximum 1% risk per trade.
❤️Please share your thoughts and comments on this analysis!
Trade active
We are in trading renge ...Trade closed: target reached
Touched first target...Note
Best support for buy .... 23% profit
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.