ADA is gearing up for its next big move with the inverse head and shoulders forming. We need to flip the zone at $1.088 and sustain for us to push to the upside and follow through with this technical chart pattern. For more technical analysis, market research and more join our free telegram group https://t.me/+5UV81xhxwsdhYzA0
My latest idea have not reached its target yet, this is a continuation of that idea. (But this time in the 4H TF). Price moves from premium to discount and from discount to premium…
Never actively traded. If after opening volatility trend breaks channel lower - No trade If after opening volatility trend tests supply/channel and bounces back we take a long position based on levels shown.
Entry:157.815 TP:156.001 If you use trading patterns as part of confirmations in market direction. You will see a RISING WEDGE PATTERN. This pattern is a BEARISH PATTERN. Now what we want to see is a break of the trend line. Then a nice retest to the trend and an nice beautiful drop.. Take a look at the chart you will see we already have the break of the trend line and the retest now we will be seeing an beautiful drop .. Once price breaks the 157.546 we will we market continue to drop.. Its CEEJAY TRADES feel free to click my profile .
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Currently retesting the top trendline of the bullflag. It hasn’t tested this zone much so resistance is very possible to hold for the moment however I expect that resistance will likely be fairly temporary. *not financial advice*
Can ADA break through the resistance ahead ,or will it return to demand zone?
The bearish trend on AUD/USD continues to dominate, as the pair has successfully broken a key support level around 0.6320. This breakdown confirms the strength of the bearish momentum, with USD gaining further strength across the board due to positive macroeconomic factors. Key Points: Trend: Bearish. Broken Support: The price has breached the critical 0.6320 support, turning it into a resistance level. Fundamental Outlook: USD strength is supported by robust economic data, adding downward pressure on AUD/USD. Expectation: Further downside is likely, with potential targets around 0.6044, 0.5941, and 0.5795 in the medium term. Traders should monitor for any retracements toward the resistance zone, which could offer fresh selling opportunities.
The price currently trades within a rising channel and has broken through a key resistance zone. After successfully retesting the breakout level, we anticipate a breakout above the upper resistance line, potentially continuing toward the 0.00002320 level. DYOR, NFA
Buys: 377.70 to 398.86 Target 537.26? I am in 3 Cons 400C already and WILL ADD MORE at KEY Support Fibonacci LOW risk HIGH reward setup! Drop a LIKE if you want it all here show some love!