๐ ๐
๐น Timeframe: 30-Min Chart
๐น Setup Type: Resistance Breakout
๐ Trade Plan (Long Position):
โ Entry Zone: Above 0.8125 USDT (Breakout Confirmation)
โ Stop-Loss (SL): Below 0.8125 USDT (Breakout Invalidated)
๐ฏ Take Profit Targets:
๐ TP1: 0.8459 USDT (First Resistance)
๐ TP2: 0.8674 USDT (Extended Bullish Target)
๐ Risk-Reward Ratio:
๐ Risk (SL Distance): Below 0.8125 USDT
๐ Reward to TP1: 0.8459 USDT
๐ Reward to TP2: 0.8674 USDT
๐ Technical Analysis & Strategy:
๐ Breakout Confirmation: A strong push above 0.8125 USDT signals bullish momentum.
๐ Resistance Levels: Watch 0.8459 USDT for potential rejection or continuation.
๐ Retest Possibility: Price may retest the breakout zone before further upside.
๐ Final Thoughts:
โ Bullish Setup โ Holding above 0.8125 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
๐น Timeframe: 30-Min Chart
๐น Setup Type: Resistance Breakout
๐ Trade Plan (Long Position):
โ Entry Zone: Above 0.8125 USDT (Breakout Confirmation)
โ Stop-Loss (SL): Below 0.8125 USDT (Breakout Invalidated)
๐ฏ Take Profit Targets:
๐ TP1: 0.8459 USDT (First Resistance)
๐ TP2: 0.8674 USDT (Extended Bullish Target)
๐ Risk-Reward Ratio:
๐ Risk (SL Distance): Below 0.8125 USDT
๐ Reward to TP1: 0.8459 USDT
๐ Reward to TP2: 0.8674 USDT
๐ Technical Analysis & Strategy:
๐ Breakout Confirmation: A strong push above 0.8125 USDT signals bullish momentum.
๐ Resistance Levels: Watch 0.8459 USDT for potential rejection or continuation.
๐ Retest Possibility: Price may retest the breakout zone before further upside.
๐ Final Thoughts:
โ Bullish Setup โ Holding above 0.8125 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
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.