Brothers, I am Brother Qiang! ADA has been quite interesting these past couple of days, oscillating with the market, and now it's stuck at a critical position.
Let's look at the 4-hour level; we need to clarify the key support and resistance. The support level is between 0.8380 and 0.8450, which is where buying pressure has been concentrated during short-term pullbacks, and the EMA30 moving average is supporting it, making it a reliable support area.
Now for resistance, the first hurdle is at 0.8610, which is the previous high point resistance; it will take some effort to get past that. If we can break through smoothly, the next target is 0.8880, which corresponds to the Fibonacci extension level and is worth looking forward to. Further up, 0.90 is an important psychological barrier; once it breaks, we might see an acceleration upwards.
We also need to talk about technical indicators. The 4-hour MACD shows that the DIF is still above the zero axis, indicating that the overall direction is still bullish, although the histogram is somewhat contracting, suggesting that we might see some fluctuations shortly, but there’s no need to panic. The RSI is around 55, still far from the overbought zone, indicating that the upward space has not been filled yet, and there’s a good possibility of moving up further.
Brother Qiang's trading advice: Buy between 0.8380 and 0.8450, with an initial target of 0.8610, and if we break through, look for 0.8880.
However, I must remind you that this strategy is time-sensitive; the market can change at any moment. For specific points and entry timing, I suggest everyone pay attention to real-time guidance. Don’t forget to like and follow, as I will share more precise strategies with you at the first opportunity! Follow the rhythm and stay steady! #ADA #比特币市值超越亚马逊 #主流币轮动上涨 #ETH突破4600 #CPI数据来袭
Let's look at the 4-hour level; we need to clarify the key support and resistance. The support level is between 0.8380 and 0.8450, which is where buying pressure has been concentrated during short-term pullbacks, and the EMA30 moving average is supporting it, making it a reliable support area.
Now for resistance, the first hurdle is at 0.8610, which is the previous high point resistance; it will take some effort to get past that. If we can break through smoothly, the next target is 0.8880, which corresponds to the Fibonacci extension level and is worth looking forward to. Further up, 0.90 is an important psychological barrier; once it breaks, we might see an acceleration upwards.
We also need to talk about technical indicators. The 4-hour MACD shows that the DIF is still above the zero axis, indicating that the overall direction is still bullish, although the histogram is somewhat contracting, suggesting that we might see some fluctuations shortly, but there’s no need to panic. The RSI is around 55, still far from the overbought zone, indicating that the upward space has not been filled yet, and there’s a good possibility of moving up further.
Brother Qiang's trading advice: Buy between 0.8380 and 0.8450, with an initial target of 0.8610, and if we break through, look for 0.8880.
However, I must remind you that this strategy is time-sensitive; the market can change at any moment. For specific points and entry timing, I suggest everyone pay attention to real-time guidance. Don’t forget to like and follow, as I will share more precise strategies with you at the first opportunity! Follow the rhythm and stay steady! #ADA #比特币市值超越亚马逊 #主流币轮动上涨 #ETH突破4600 #CPI数据来袭
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ADA
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