Breaking News

ADA/USDT Potential Upward Movement

ADA/USDT Price Long-Term: Bullish

Key Resistance Levels: 1.3357, 1.4000, 1.4905

Key Support Levels: 1.1750, 0.9801, 0.8000

Daily Chart:

On the daily time frame, the price is in an uptrend by posting higher highs and lows. The price is trying to test the previous resistance (now support) @ 1.7705. We are expecting that this level could hold and stay above it which might lead to a further move upward.

AUD/USDT Medium-Term Trend: Bullish

4-hour Chart:

On the 4-hr time frame, the price posted a correction count toward a confluence zone between the daily support, the trendline and a Fibonacci retracement level @ 1.1790 mark. This might lead to a move upward to the 1.4631 level.

Signal Idea:

Buy Limit Order @ 1.1790

TP 1 @ 1.4631

TP 2 @ 1.4700

Stop Loss @ 1.0693

Trade Safely 🙂

About Joe Damien

Joe is a proven Forex analyst and manual trader with 6 years of full-time trading experience. He is a swing trader that relies on price action, market structure and Fibonacci retracement. His two most successful pairs are CHF/JPY, CAD/JPY, but his expertise allows him to profit on any asset or pair.

One comment

  1. Thank you for the hard work free signal, i just wanted to ask, which time frame is suitable for this entry? 1M? 15M? 1Hour?

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Download My Free Robot

Get your Robot Now!

Free Robot!