COIN NAME- #adausdt
SIGNAL TYPE- LONG
This chart shows the ADA/USDT trading pair on a 4-hour timeframe, depicting a rising wedge pattern. Rising wedges are typically bullish reversal patterns, indicating a potential price decline. The price has recently dropped from the upper trendline, testing support levels near $1.09. Volume has decreased during the wedge formation, which often precedes a breakout. If the price breaks below the lower trendline with strong volume, a further decline is likely. Conversely, a breakout above the upper trendline could signal a bullish continuation. The RSI indicator near 48 suggests neutral momentum, with neither strong buying nor selling pressure.
BTC.D has retested its massive breakout. Now we will see it go down from tomorrow, which means we will be seeing a lot of money flow into the entire market. Altcoins Season begins. ( Join my Binance live for premium crypto signals )
Trade Details:
Entry: Around 0.9815( Join my Binance live for premium crypto signals )
TP: 1.400
SL: hold
$ADA
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