In the context of ADA sharply correcting to the $0.6899 range, many investors are questioning: is this a bottom-fishing opportunity or just a temporary pause in the downtrend? Let's analyze multiple time frames to develop an effective trading strategy.
Technical analysis of ADA/USDC by each hour
1. 15-minute frame – Short-term bullish signal weakens
Price: $0.6901 (-4.47%)
EMA: EMA(7) > EMA(25) > EMA(99) → Short-term uptrend, but still below EMA(99)
RSI: RSI(6) = 66.98 (approaching overbought)
MACD: Positive, DIF > DEA
Volume: Low
OBV: Decrease
=> Analysis: Signs of correction may appear due to weakening buying pressure.
2. 1-hour frame – Selling pressure persists
Price: $0.6900 (-4.49%)
EMA: EMA(7) < EMA(25) < EMA(99) → Clear downtrend
RSI: RSI(12) = 48.98 (neutral)
MACD: Slightly positive but DIF < DEA → Divergence
Volume & OBV: Very low and strongly negative
=> Analysis: More signals needed to confirm reversal.
3. 4-hour frame – Warning of short-term bottom
Price: $0.6900
EMA: Decreasing in order 7 < 25 < 99
RSI: Near oversold zone (41.53)
MACD & OBV: Both negative
Volume: Increase
=> Analysis: Selling pressure remains, but there is potential for a short-term bottom.
4. Daily frame – Long-term downtrend dominates
Price: $0.6899
EMA: Short-term moving averages are crossing down, EMA(99) has unclear trend
RSI: 35.58 (oversold zone)
MACD: Strongly negative
Volume & OBV: High and negative
=> Analysis: Downward momentum remains dominant, need to monitor for signs of recovery in the next 1-2 sessions.
5. 5-minute frame – Clear reversal signal
Price: $0.6896
EMA: EMA(7) > EMA(25) → Short-term recovery
RSI: 48.68 (neutral)
MACD: Clearly positive
Volume: Explosion 17.42M
OBV: Strongly positive
=> Analysis: May soon reverse upward if it breaks the nearby resistance.
Proposed trading strategy
BUY scenario (priority)
Entry: When price exceeds $0.6950 along with increasing volume
Conditions: RSI(6) > 50, MACD positive
Stop loss: Below $0.6850
Take profit: $0.7100
Success probability: ~60%
SELL scenario (precautionary)
Entry: If breaks $0.6850 and RSI(6) < 40
Stop loss: Above $0.6950
Take profit: $0.6750
Success probability: ~55%
Conclusion
Positive signal: Focus on the 5-minute frame – where signs of reversal are shown due to strong volume increase and positive OBV.
Main risk: Medium/long-term downtrend still dominates → Need to manage capital and closely monitor confirmation signals.
Note: Combine multiple time frames and market news to increase accuracy in trading.
