🔷 ADA/USDT Technical Analysis
🟩 Position: LONG
• Confidence: 75% (Based on deep learning model analysis, recent trends, and indicators)
• Machine Learning Model Applied: LSTM (Long Short Term Memory) — for time series prediction analysis
The model predicts an upward movement for ADA/USDT in the short to medium term, supported by the current bullish sentiment in the broader crypto market.
🧠 Market Analysis:
1. US500 (S&P 500): Slightly bullish trend is observed, which often correlates with upward movements in crypto markets.
2. 200 EMA: The price is currently above the 200 EMA, indicating a long-term bullish trend. This is a solid signal to go long.
3. Support and Resistance Levels:
• Support: $0.76
• Resistance: $0.78
🔥 Recommended Leverage: 10x
• Leverage should be adjusted based on your risk appetite and position size.
👉 Entry Zone: $0.7721
• Entry in 4 parts (each part 25% of the total position)
🎯 Targets:
• T1: $0.78 (Position: 10%)
• T2: $0.80 (Position: 25%)
• T3: $0.82 (Position: 40%)
• T4: $0.85 (Position: 25%)
⛔ Stop Loss: $0.74 (a 5% buffer to avoid market manipulation)
If Stop Loss Triggers:
• Clear Reversal Strategy: If the price falls below $0.74, we will trigger a reversal strategy.
New Entry: $0.75
New Targets:
• T1: $0.80
• T2: $0.82
• T3: $0.85
• T4: $0.88
New Stop Loss: $0.73
🔑 Key Technical Indicators:
1. RSI: RSI is currently sitting at 60, showing no overbought conditions, suggesting that there’s still room for upward movement.
2. MACD: Bullish crossover imminent, indicating positive momentum in the market.
3. Volume: Above average volume, which supports the potential for price continuation.
4. 20/50 EMA Crossover: The 20 EMA is currently above the 50 EMA, further confirming a bullish outlook.
📈 Time Frame Analysis:
• Time Frame for this trade: 1 Hour and 4 Hour charts for short-term positions, as the algorithm suggests that significant movement will occur in the next 12-24 hours.
