Breaking News

ADA/USDTPERP Potential Upward Movement

ADA/USDTPERP Long-Term Trend: Bullish

Key Resistance Levels: 2.927955, 2.930000, 2.930050.

Key Support Levels: 2.641255, 2.478310, 2.390770.

Daily Chart:

The price on the higher time frame found support around the 2.478310 USDT after posting a correction count. This could lead to a further movement to the upside in the same direction of the main trend and toward the next key level.

ADA/USDTPERP Medium-Term Trend: Bullish

4-Hour Chart:

On the lower time frame, the price succeeded to break the bullish flag formation to the upside after posting a series of bullish candlesticks and breaking the highlighted zone to the upside. A lower correction could be seen before the bullish impulsive wave.        

Signal Idea:

Buy Limit Order @ 2.67093

TP 1 @ 2.91880

TP 2 @ 2.92795

Stop Loss @ 2.57080

Trade Safely 🙂

To be able to trade crypto please use the following link:

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.

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Your email address will not be published.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!