Technical analysis by srtaybillioglu about Symbol ADA on 2/1/2025

Formation is a graphic shape formed by complying with price movements in technical analysis. Analysts try to predict how prices will move in the future using these formations. Formation; Trend continuation and trend return formations are divided into two groups. They usually occur after strong price movements. Although it is similar to the flag formation, the price is triangular in the form of triangle (pennant). After consolidation, the price usually continues in the direction of the previous trend. The formation formation is divided into two. Taurus pennant: The price makes a strong rise movement and then the small narrowed triangle. When the formation is broken upward, the rise trend continues. Flag: The price experiences a strong decrease and then experiences a short pause in the narrowing triangle. When the formation is broken downward, the downward trend continues. Following the strong down or upward price movement, the narrowing triangle appearance takes place and volatility and volume decrease should be seen with the stuck price movement. Formation price target is the target price determination if the volume increases occurs after the shrinking triangle is broken. Flama Formation Purchase-Service Strategy is performed after the pennant crushing. When determining the damage cut level, the lowest or highest price point of the pennant should be determined as the outside of the external. "None of the visual and written narratives are investment advice. All of the legal responsibilities of your investment decisions belong to you. .The Consultancy Service is presented to personalized by the CMB by the CMB, taking into account the risk and return preferences of individuals. Since there is no advice or comments for purchasing/selling, it is not recommended to use it in the real account. "