Coin Name: $ADA
Position: Long
Entry Price: 0.722
On the 4-hour timeframe, ADA is displaying an inverse head and shoulders pattern—a bullish formation. The resistance has already been broken, and RSI is holding within the supply zone, indicating strength. A successful retest of the breakout level could present a solid opportunity to enter a long position.
On the 1-day timeframe, USDT.D is forming a descending triangle pattern. It has recently tested the upper trendline, suggesting a potential move toward the lower trendline in the near term.
On the 1-day timeframe, BTC.D is forming a rising wedge pattern—a structure that often signals a potential reversal. If it breaks below the lower trendline, a move toward the 61.00% level is likely. A decline in BTC dominance typically favors altcoins, making it a potentially bullish scenario for the alt market.
Leverage: 4X
Targets:
1st TP 0.800
2nd TP 0.900
3rd TP 1.000
📌 Special Note:
🔥FUTURE CALL🔥
⚠️ Use only 10% of your portfolio 💼 to manage risks effectively. Avoid high leverage 🚫 and proceed cautiously to mitigate potential losses 📉. Always prioritize risk management and use the DCA method ✅.
For more insights and live discussions, join me on my Binance livestream!
Just click on my profile to join my live.
