Cardano

ADA/USDT – Setting Two Pending Orders for Precision Entry

On the 4-hour chart (4H) of ADA/USDT, we see the formation of a symmetrical triangle, which typically indicates a phase of consolidation before a strong breakout.

In this case, the triangle has formed after a downtrend, increasing the likelihood of a breakout downward. However, there is still a chance of an upward breakout if the market gains momentum.

Optimal Strategy – Two Pending Orders:

To avoid guessing the price direction and instead react to the market, the best approach is to place two pending orders:

Sell Stop @0.742 – if the price breaks the support level of the triangle, we anticipate further decline.
Targets for decline: 0.695 and 0.627.

Buy Stop @0.764 – if the price breaks the upper boundary of the triangle and consolidates above, an upward impulse is possible.
Targets for growth: 0.850 and 1.117.

Why is this strategy effective?

If the price confirms the bearish trend, the short trade will activate automatically, allowing you to capture the downward movement.
If the market shows strength, you won’t miss the breakout upwards and can capitalize on the bullish momentum.

The key is not to trade emotionally but to let the market define the direction!

Which scenario do you think is more likely? Share your thoughts in the comments!

Disclaimer