#ADA
The price is moving within a descending channel on the hourly timeframe. It has reached the lower boundary and is heading towards a breakout.
The Relative Strength Index (RSI) indicates a downward trend, and this trend is likely to continue due to the overbought condition.
There is a key resistance zone (in green) at 0.2920, which the price has bounced off several times, making it a strong support level.
A consolidation trend is observed above the 100-period moving average, which we are approaching. This trend supports a decline towards this level.
Entry Price: 0.2800
Target 1: 0.2740
Target 2: 0.2670
Target 3: 0.2587
Stop Loss: At the resistance zone (in green).
Remember this simple rule: Manage your money wisely.
For any questions, please leave a comment.
Thank you.
The price is moving within a descending channel on the hourly timeframe. It has reached the lower boundary and is heading towards a breakout.
The Relative Strength Index (RSI) indicates a downward trend, and this trend is likely to continue due to the overbought condition.
There is a key resistance zone (in green) at 0.2920, which the price has bounced off several times, making it a strong support level.
A consolidation trend is observed above the 100-period moving average, which we are approaching. This trend supports a decline towards this level.
Entry Price: 0.2800
Target 1: 0.2740
Target 2: 0.2670
Target 3: 0.2587
Stop Loss: At the resistance zone (in green).
Remember this simple rule: Manage your money wisely.
For any questions, please leave a comment.
Thank you.
Operación activa
#ADA
Target 1: 0.2740
Target 2: 0.2670
Operación cerrada: objetivo alcanzado
#ADA
Target 1: 0.2740 Reached
Target 2: 0.2670 Reached
Target 3: 0.2587 Reached
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📍Trade Smart & Stay Protected⭐️Telegram Channel
Futures
👉 t.me/CryptoSignalFuturesSpot
Spot
👉 t.me/CryptoSignalsSpotFree
📌 We're open to Promotions, Ads & Partnerships: ☎️ t.me/CryptoAnalystsignal
Futures
👉 t.me/CryptoSignalFuturesSpot
Spot
👉 t.me/CryptoSignalsSpotFree
📌 We're open to Promotions, Ads & Partnerships: ☎️ t.me/CryptoAnalystsignal
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.