$ADA /USDT on the 1W timeframe (Binance). This looks like a macro analysis using historical price levels, possibly with percentage moves and volume nodes included.
Here’s a long-term trade setup and analysis based on the weekly structure:
Cardano/USDT – Weekly Chart Outlook
Trend: Long-term accumulation with breakout potential. Price recovering from historical lows.
Key Resistance Levels:
$0.7762 – Current weekly barrier
$1.0000 – Psychological and historical resistance
$1.1000 / $1.2000 – Mid-2022 consolidation zone
$1.5000 – Significant breakout target
$1.8000 – Bull market reclaim zone
Key Support Levels:
$0.7240 – Local support
$0.6229 – Range bottom
$0.5000 / $0.4000 – Deep support, reaccumulation zones
$0.1011 – Extreme low, massive accumulation (very unlikely to revisit unless black swan)
Trade Setup (Mid-term Swing – Bullish Bias):
Entry Zone:
Aggressive Buy: $0.62–$0.72
Conservative Buy: Break and retest of $0.78
Take Profits:
TP1: $1.00
TP2: $1.20
TP3: $1.50
TP4 (long-term): $1.80
Stop Loss:
Below $0.60 (or dynamic based on support structure)
RSI around 50–60 would suggest mid-bull cycle conditions. If ADA closes weekly above $0.78 with volume, it may trigger the next leg up.
Would you like this in a chart format with visual zones drawn?
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