Pair: ADA/USD
Timeframe: 4H
Pattern: Ascending Triangle
Breakout Level: ~$0.777
Entry: On breakout candle close above resistance
Targets:
🎯 1st Target: $0.83
🎯 2nd Target: $0.86
Confluence:
Bullish structure with higher lows pressing into horizontal resistance
Breakout occurred with volume confirmation
Fib extension aligns with target zones
Bollinger Band expansion supports momentum continuation
Bias: Bullish (continuation pattern)
⚠️ If price falls back below $0.745, watch for possible invalidation or retest of the triangle breakout.
Timeframe: 4H
Pattern: Ascending Triangle
Breakout Level: ~$0.777
Entry: On breakout candle close above resistance
Targets:
🎯 1st Target: $0.83
🎯 2nd Target: $0.86
Confluence:
Bullish structure with higher lows pressing into horizontal resistance
Breakout occurred with volume confirmation
Fib extension aligns with target zones
Bollinger Band expansion supports momentum continuation
Bias: Bullish (continuation pattern)
⚠️ If price falls back below $0.745, watch for possible invalidation or retest of the triangle breakout.
VM
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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.