Technical analysis by TipsOfPips about Symbol ADA: Buy recommendation (2/25/2025)

https://sahmeto.com/message/3271704

ADA - 23R

:Buy

Price at Publish Time:

$0.68644

Profit Target:

(+156.23%)$1.76

Stop Loss Price:

(-45.55%)$0.3738

Potential 23R opportunity coming up on ADA.If the price moves down as shown there will be a meeting of two significant trendlines coinciding with major support (demand zone).Whether it heads down there as shown - I don’t know - not here to make predictions.But if it does it fits the rules of my trading system for a high probability setup…‘If this happens, do that’Trade probability rating: 8/10Risk to reward: 8/10Overall rating: 8/10

Source Message: TradingView