Technical analysis by SiDec about Symbol ADA: Buy recommendation (8/18/2025)

ADA is coiling just beneath the $1 psychological barrier. The chart is setting up for a decisive move: the high-probability long entry aligns with the yearly open (yOpen), supported by multiple confluences. 🧩 Confluence Factors: 7 Yearly Open (yOpen): $0.845 1.0 Trend-Based Fib Extension: $0.8466 (aligned with yOpen) Weekly Bullish Order Block: $0.8580 0.618 Fib Retracement: $0.8626 Anchored VWAP (green line): Supporting this zone Sell-Side Liquidity (SSL): Positioned below recent lows 0.886 Fib Speed Fan: Adding further structural support 🟢 Long Trade Setup Entry Zone: $0.863 – $0.847 Stop-Loss: Below yOpen (~$0.84) Take-Profit Zone: $1.1747 (Buy-Side Liquidity sweep) R:R: 1.6+ depending on SL placement 🔴 Short Opportunity A secondary setup could arise on a sweep of the key high ($1.1757–$1.1879 BSL zone). This would only be valid with confirmation of rejection. Entry Zone: After sweep/rejection above $1.1747 Stop-Loss: Above ~$1.20 (post-sweep rejection) Target: Around $1.10 ✍️ Confirmation is critical: the long requires strong defense of the confluence zone, while the short requires a failed breakout and rejection above key high (BSL). Key Levels to Watch: Support Zone: $0.863 – $0.847 Resistance / GP Zone: $1.1757 – $1.1879 🔍 Indicators used: DriftLine — Pivot Open Zones → For identifying key yearly/monthly/weekly/daily opens that act as major S/R reference points ➡️ Available for free. You can find it on my profile under “Scripts” and apply it directly to your charts for extra confluence when planning your trades. _________________________________ 💬 If you found this helpful, drop a like and comment!ADA Update — Bulls Defend Key Fib Level ADA is playing out well. Hit the 1.0 trend-based Fib extension, with bulls stepping in to defend the 0.702 Fib, a sweet spot for entries. This reaction sparked a +6.6% bounce off the low. The next target is $0.9129, the 0.618 Fib of the current downward move. Adding weight to this level, the POC of this trading range sits at $0.92. For bullish continuation, ADA must flip $0.92 into support before advancing toward higher targets.ADA Update — Pitchfork Golden Pocket Bounce ADA bounced perfectly from the pitchfork golden pocket, in confluence with: → 200 EMA/SMA on the 4H timeframe → 0.786 Fib retracement of the 5th wave → 0.618 Fib retracement of the entire 5-wave structure → 0.75 Fib Speed Fan as additional support → Liquidity sweep of the lows An instant +10% bounce, an amazing reaction from a high-confluence zone. ADA is now approaching the resistance zone at $0.92–$0.93. For bullish continuation, this zone must be flipped into support before higher targets can open up.ADA Update — Watching $0.8122 for Next Long ADA has given back the entire impulse and is now trading sideways, showing some weakness. A potential liquidity grab at the lows could set up the next opportunity. The 0.618 Fib retracement of the entire move sits at $0.8122, making this the next high-probability long entry zone to watch.