$ADA
2025-06-20 (Does not constitute investment advice)
• Current price ≈ 0.600 U
• Strategy: Just pulled back above the neckline at 0.599 U, typical 'breakout-retrace-retest'.
• Opening position idea: Accumulate long positions in the range of 0.598 → 0.601 U.
• Take profit: 0.608 U (around +1.4%)
• Stop loss: 0.592 U (around -0.9%)
• Risk-reward ratio: ≈ 1.5, barely acceptable, keep it in mind.
📈 Technical quick read
1. EMA20/55 turning upwards, short-term momentum shifting to bullish.
2. A small double bottom formed in 15 minutes, volume followed after the breakout, buying pressure is solid.
3. MACD golden cross just emerging, histogram increasing, momentum continuity is OK.
4. If it falls below 0.592 U again, the pattern will fail, decisively cut the position and don't cling to the past.
🔔 Risk reminder
• The daily line is still in a large range oscillation, don't forget the resistance zone above 0.615-0.62 U.
• If trading volume is slow to follow, remember to use protective stop-loss to safeguard your capital.
—— The above is purely personal trading sentiment sharing, does not constitute investment advice, and profits and losses are at your own risk.