Bullish Momentum Builds as Ascending Triangle Forms
Coin Name : #ADAUSDT Signal Type : Long
As we can see $ADA was in a downtrend channel but the structure has shifted with higher highs & higher lows forming an ascending triangle which is a bullish pattern . Rejection candle at the top triggered the downtrend but now momentum is shifting. Rsi is trending up confirming increasing buying pressure. According to the analysis $ADA is bullish .
In the Total 3 chart the supply zone has been broken signaling a potential bullish move .COCH signaling a shift from bearish to bullish momentum .price is respecting upper trendline confirming higher highs and higher lows volume is rising adding to strength to the breakout.
Markets gravitate toward high-liquidity zones where mass liquidations occur. Smart money drives price to these areas to absorb orders before the next move!
Trade Setup :
Entry - 0.7437
Tp - 0.8085
SL - 0.6740
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