ADA Update
$ADA Coin
Long
Price: .6335
(Enter on entry price)
On the 4H timeframe, ADA is currently forming a rising wedge — a typically bearish chart pattern. However, it’s holding well at a key support zone, which increases the chances of a short-term pump from this level. Avoid using high leverage and always manage your risk properly.
There is significant upside liquidity in ADA, which the price may target first. Once this liquidity is grabbed, ADA could potentially move down in line with the bearish nature of the rising wedge pattern. Always do your own research before making any trading decisions.
BTC Dominance (BTC.D) looks bullish in the short term, which typically puts pressure on altcoins. However, the overall market remains bullish from a long-term perspective. Always remember to manage your risk properly and follow solid money management strategies when trading.
5x leverage isolated
Sl: .6220
Target:
1) .6400
2).6500
3).6600
4).6700
For daily new signals like this, by following these simple steps:
Click my Binance LIVE for more information and signals update
#ADA