๐ ๐
๐น Timeframe: 30-Min Chart
๐น Setup Type: Symmetrical Triangle Breakout
๐ Trade Plan (Long Position):
โ Entry Zone: Above 0.7827 USDT (Breakout Confirmation)
โ Stop-Loss (SL): Below 0.7646 USDT (Breakout Invalidated)
๐ฏ Take Profit Targets:
๐ TP1: 0.8038 USDT (First Resistance)
๐ TP2: 0.8282 USDT (Extended Bullish Target)
๐ Risk-Reward Ratio:
๐ Risk (SL Distance): Below 0.7646 USDT
๐ Reward to TP1: 0.8038 USDT
๐ Reward to TP2: 0.8282 USDT
๐ Technical Analysis & Strategy:
๐ Breakout Confirmation: A strong push above 0.7827 USDT signals bullish momentum.
๐ Resistance Levels: Watch 0.8038 USDT for potential rejection or continuation.
๐ Retest Possibility: Price may retest the breakout zone before moving higher.
๐ Final Thoughts:
โ Bullish Setup โ Holding above 0.7827 USDT could lead to higher targets.
โ Momentum Watch โ Volume confirmation is key.
โ Smart Risk Management โ Stick to the plan, secure profits, and trade wisely!
๐ #CryptoTrading #ADAUSD #BreakoutTrade #ProfittoPath #TechnicalAnalysis
๐ฅ Let me know if you need any modifications! ๐๐
๐น Timeframe: 30-Min Chart
๐น Setup Type: Symmetrical Triangle Breakout
๐ Trade Plan (Long Position):
โ Entry Zone: Above 0.7827 USDT (Breakout Confirmation)
โ Stop-Loss (SL): Below 0.7646 USDT (Breakout Invalidated)
๐ฏ Take Profit Targets:
๐ TP1: 0.8038 USDT (First Resistance)
๐ TP2: 0.8282 USDT (Extended Bullish Target)
๐ Risk-Reward Ratio:
๐ Risk (SL Distance): Below 0.7646 USDT
๐ Reward to TP1: 0.8038 USDT
๐ Reward to TP2: 0.8282 USDT
๐ Technical Analysis & Strategy:
๐ Breakout Confirmation: A strong push above 0.7827 USDT signals bullish momentum.
๐ Resistance Levels: Watch 0.8038 USDT for potential rejection or continuation.
๐ Retest Possibility: Price may retest the breakout zone before moving higher.
๐ Final Thoughts:
โ Bullish Setup โ Holding above 0.7827 USDT could lead to higher targets.
โ Momentum Watch โ Volume confirmation is key.
โ Smart Risk Management โ Stick to the plan, secure profits, and trade wisely!
๐ #CryptoTrading #ADAUSD #BreakoutTrade #ProfittoPath #TechnicalAnalysis
๐ฅ Let me know if you need any modifications! ๐๐
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.