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Technical analysis by limitissky77 about Symbol ADA: Buy recommendation (2/9/2025)

https://sahmeto.com/message/3236873
limitissky77
limitissky77
Rank: 29760
1.1
Buy،Technical،limitissky77

I am sharing my Views as per the technical Analysis Bullish divergence Formation, Bearish momentum goin weak. The price action is forming a symmetrical triangle, which is typically a neutral pattern, meaning it can break out in either direction. Key Support & Resistance Levels Resistance: Around $0.95 - $1.00 Support: Around $0.65 - $0.70 . Bullish Indications: The price is approaching the apex of the triangle, suggesting an imminent breakout. A breakout above the upper white trendline could push ADA towards $1.00+ 5. Trading Strategy: ✅ Long Position: Enter if price breaks above the white resistance line and confirms with volume. Target: $0.95 - $1.05 Stop-loss: Below $0.6TP-1 Achieved now Move the SL to Entry PriceTrade still moving in our direction, Hold till it reach 1.hold with patience

Translated from: English
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Signal Type: Buy
Time Frame:
1 hour
Profit Target:
$1.05
Stop Loss Price
$0.6
First Support:
$0.65
First Resistance:
$0.95
Price at Publish Time:
$0.7005
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