Hello TradingView Family / Fellow Traders,
ADA is currently hovering around a robust resistance zone highlighted in blue.
Weekly Chart:
📈 To maintain control and establish a long-term bullish perspective, a weekly candle close above 0.465 is essential for the bulls.
If achieved, a movement toward the next resistance at approximately 0.8 could be anticipated.
H4 Chart:
📉 Conversely, the bulls will remain in control unless the last low in red at 0.393 is broken downward.
In this case a bearish correction till the 0.31 mark would be expected.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
ADA is currently hovering around a robust resistance zone highlighted in blue.
Weekly Chart:
📈 To maintain control and establish a long-term bullish perspective, a weekly candle close above 0.465 is essential for the bulls.
If achieved, a movement toward the next resistance at approximately 0.8 could be anticipated.
H4 Chart:
📉 Conversely, the bulls will remain in control unless the last low in red at 0.393 is broken downward.
In this case a bearish correction till the 0.31 mark would be expected.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
📊I help you turn charts into a career
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theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
📊I help you turn charts into a career
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.