Adashortsetup

Major Move Ahead for ADA – Breakout or Breakdown? 🔍 ADA/USDT Analysis – Dual Scenario Setup (BUY & SELL) Currently, ADA is ranging between major supply and demand zones. Two clear scenarios are in play depending on how price reacts to key levels: 📈 Bullish Scenario (Long): Entry: On breakout and confirmation above $0.6027 Target: $0.869 (major resistance zone) Stop Loss: Below $0.523 Trigger: Break of descending trendline and solid structure above $0.6027 📉 Bearish Scenario (Short): Entry: Around $0.5120 (rejection from supply zone) T

ADA → Cardano Failed to Break Resistance Zone. About to Fall!?Cardano had a failed breakout above the Resistance Zone at $0.62, followed by several failed attempts to break it again. Does this mean we enter a long? How do we trade this? 🤔 Entering a short right now is reasonable if you accept the low probability nature of reversal trading. The number of failures to break the resistance zone are great signals to enter a trade, but additional confirmation to the downside with a strong bear candle is preferable. Due to the current distance to the proper st

by TraderEngineering

ADA Failed to Break Down! Will The Price Rocket to the Upside?ADA failed to break down after the triple top failed! The minute that bull bar on November 21st at 19:00 closed near its high, a short position should have been closed for a break even. We're still below the resistance zone. It would have been reasonable to long that bar given the multiple failed attempts to break to the downside. How do we trade this? The price is currently sitting at resistance in a bull trend. We should be waiting for either a strong bear signal bar to short or a breakout

by TraderEngineering