🔹 Current Market Structure: #ADA is moving sideways in an accumulation phase on the 1-hour timeframe, indicating potential strength for an upcoming bullish move.
🔹 Bullish Confirmation:
We are closely monitoring a breakout above the resistance level. A confirmed candle close above the accumulation zone with a successful retest would signal a strong buy opportunity.
🔹 Trading Plan:
🔹 Wait for a break and retest above the resistance.
🔹 Enter a long trade with proper risk management.
🔹 Target key resistance zones for potential profits.
🔹 What’s Your Take? Will #ADA break out or get rejected? Drop your thoughts in the comments!
🔹 Like, Comment & Follow for more real-time updates!
🔹 Bullish Confirmation:
We are closely monitoring a breakout above the resistance level. A confirmed candle close above the accumulation zone with a successful retest would signal a strong buy opportunity.
🔹 Trading Plan:
🔹 Wait for a break and retest above the resistance.
🔹 Enter a long trade with proper risk management.
🔹 Target key resistance zones for potential profits.
🔹 What’s Your Take? Will #ADA break out or get rejected? Drop your thoughts in the comments!
🔹 Like, Comment & Follow for more real-time updates!
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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.
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.