Based on the chart, ADA appears to be forming a descending wedge pattern, which is a bullish reversal signal. The Bollinger Bands indicate the price is consolidating within a narrow range, potentially building momentum for a breakout. The RSI is hovering near the 50 mark, suggesting a neutral trend but with room for upward movement. While the shorter time frame may exhibit bearish pressure due to recent downward momentum, the longer time frame points to a bullish breakout, with a possible retest of higher resistance levels. This aligns with a broader bullish outlook for ADA in the longer term.
Based on the ADA/BTC chart, the pair is showing a "Bull Flag" formation, which is a continuation pattern indicating potential bullish momentum in the longer time frame. The EMA Ribbon is supporting the price, showing consolidation after a significant uptrend, and the current price remains near key support levels. RSI is hovering below the midline, suggesting mild bearishness in the shorter time frame. However, with strong support from the flag structure and EMA alignment, the probability of a breakout remains high. ADA/BTC is bearish for the short term but demonstrates significant bullish potential in the longer term.
The TOTAL3 chart is forming a "Bull Flag," a reliable bullish continuation pattern, supported by the EMA ribbon maintaining upward alignment. Despite short-term consolidation within the flag, the structure indicates a strong likelihood of continuation to the upside in the longer time frame. This reflects bullish momentum overall.
Entry: 946.49 B
1st Tp: 1.16 T
2nd Tp: 1.47 T
3rd Tp : 1.94 T
This signal is only for spot if you want future signals join my binance live.
Just click on my profile to join my live.
