Key Insights:
#ADA has been in a strong downtrend after breaking a key support level and is now forming a harmonic pattern on the 1-hour timeframe. This could signal an upcoming move—but will it be a continuation or a reversal? Let's analyze!
Current Market Structure:
🔹 Downtrend intact after breaking key support
🔹 Harmonic pattern forming—potential reversal zone
🔹 Key level to watch: If #ADA breaks and closes below the current support, it could trigger a strong bearish move
Trading Plan:
🔹 Bearish Confirmation: If #ADA closes a candle below support, we will look for a short entry with proper risk management
🔹 Bullish Scenario: A fakeout and reclaim above support could lead to a strong bounce—watch for reversal signs!
Your Thoughts?
What’s your bias? Are you taking this short setup, or do you see a reversal coming? Drop your thoughts in the comments! Let’s discuss!
If you found this analysis helpful, don’t forget to LIKE 👍, COMMENT 💬, and FOLLOW for more insights!
#ADA has been in a strong downtrend after breaking a key support level and is now forming a harmonic pattern on the 1-hour timeframe. This could signal an upcoming move—but will it be a continuation or a reversal? Let's analyze!
Current Market Structure:
🔹 Downtrend intact after breaking key support
🔹 Harmonic pattern forming—potential reversal zone
🔹 Key level to watch: If #ADA breaks and closes below the current support, it could trigger a strong bearish move
Trading Plan:
🔹 Bearish Confirmation: If #ADA closes a candle below support, we will look for a short entry with proper risk management
🔹 Bullish Scenario: A fakeout and reclaim above support could lead to a strong bounce—watch for reversal signs!
Your Thoughts?
What’s your bias? Are you taking this short setup, or do you see a reversal coming? Drop your thoughts in the comments! Let’s discuss!
If you found this analysis helpful, don’t forget to LIKE 👍, COMMENT 💬, and FOLLOW for more insights!
액티브 트레이드
Trade is Active. best of Luck노트
1st TP Hit. 거래청산: 타겟 닿음
1st TP Hit, and we closed our trade, as I believe ADA may form a bullish divergence and trend upward.노트
Both TPs Hit
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.