CURRENT ANALYSIS $ADA
Technical:
MA trend: POSITIVE
MA20 (0.624) > MA50 (0.544) indicates a short-term uptrend
The divergence between the two MA lines is quite large (14.7%) showing a strong trend
Momentum:
RSI = 66.19: Currently in the positive zone but near overbought territory
MACD (0.167) > Signal (0.114): Indicates a bullish signal
MACD Histogram is expanding towards the positive
Volatility:
Bollinger Bands are expanding, indicating increased volatility
Price is trading above the middle band, confirming the uptrend
B. Volume analysis:
Buying pressure (0.627) is dominant
Order book imbalance (-0.229) indicates short-term selling pressure
24h trading volume is relatively stable, slightly down -0.05%
24H FORECAST (4 CANDLES 6H)
A. Main scenario (probability 65%):
Price continues to trend upwards but at a slower pace
Price targets:
Target 1: $1.15 (+4.6%)
Target 2: $1.18 (+7.4%)
Reversal point: If the price breaks below $1.05
B. Alternative scenario (probability 35%):
Short adjustment to test MA20
Price range: $1.05-1.08
Then may recover back to the uptrend
TRADING RECOMMENDATIONS
A. Spot strategy:
Position: BUY and hold medium-term
Entry points:
40% at the current price ($1.099)
30% at $1.07
30% at $1.05
Stop loss: $1.02 (-7.2%)
Take profits:
TP1: $1.15 (+4.6%) - 40% position
TP2: $1.18 (+7.4%) - 30% position
TP3: $1.22 (+11%) - 30% position
Risk management:
Only use a maximum of 5% capital
Set a trailing stop to protect profits
Do not chase prices when they have pumped significantly
RISK ASSESSMENT
A. Main risks:
RSI is in a high zone, may have a short adjustment
Selling pressure from the order book needs to be monitored
General market volatility may have an impact
B. Supporting factors:
Positive technical trend
Buying pressure remains dominant
Stable trading volume