Trade Setup for #ADA/USDT 📈🚀:
🔄 Pattern: Channel Down
🚀 Breakout: Confirmed, leading to a Bullish Momentum
🎯 Target: $0.60 (+15% gain)
⚖️ Stop Loss: $0.46 (set a price alert)
📉 Pattern Analysis: Bullish breakout from the Channel Down pattern resulted in a significant upswing. Anticipating a potential pullback to $0.46 support for a swing trade entry in the ongoing Uptrend.
📈 Trend: Uptrend across all time horizons (Short-, Medium-, and Long-Term).
🚀 Momentum: Bullish momentum continues with MACD Line above MACD Signal Line and RSI above 55.
💪 Support/Resistance: Nearest Support Zone at $0.46 (previous resistance), followed by $0.40 - $0.42. The nearest Resistance Zone is $0.65, with potential resistance at $0.75.
Trade wisely and stay adaptable!
