ADA/USDT Short-Term Trading Strategy
Current Price: 1.1902 USDT
Timeline: 1 Hour, 4 Hours, Daily Combined
Trading Strategy
Buy Low Strategy (Long Position)
Entry Price: 1.160 - 1.175 USDT
Take Profit Price: 1.220 - 1.240 USDT
Stop Loss Price: 1.150 USDT
Position Size: 15% of Funds
Trading Type: Spot or Futures
Leverage: 3x
Sell High Strategy (Short Position)
Entry Price: 1.220 - 1.240 USDT
Take Profit Price: 1.170 - 1.160 USDT
Stop Loss Price: 1.250 USDT
Position Size: 15% of Funds
Trading Type: Futures
Leverage: 3x
Strategy Logic
Buy Low Strategy (Long Position)
From the daily chart perspective, the price is still operating in a strong bullish trend, with EMA moving averages showing a bullish arrangement. The 4-hour chart indicates that the EMA(25) support zone (1.160 - 1.175 USDT) is an ideal buy low area. If the price retraces to this zone and stabilizes, while the RSI stays above 50, a long position can be considered, targeting the previous high of 1.220 - 1.240 USDT.
Sell High Strategy (Short Position)
The current price is near the previous high resistance zone (1.240 USDT), and a pullback may occur in the short term, especially as the RSI shows signs of local overbought conditions. If the price is blocked in the 1.220 - 1.240 USDT range, and the trading volume decreases, a short position can be considered, targeting the support area of 1.170 - 1.160 USDT. $ADA