On the 
ADAUSDT 1W chart, the price has retraced to the 78.6 Fibonacci level after a strong bullish impulse and is now forming a higher low, keeping the overall market structure intact. The Ichimoku cloud (10, 20, 40, 10) remains far above the current price, confirming there is still bearish pressure in the short term, but this also creates space for a sharp move up if momentum shifts. The Trend Strength Index (20, 10) is deep in oversold territory, signaling weakness, while price action shows early signs of accumulation. The two recent lows have built up liquidity, suggesting a possible sweep before a continuation to the upside. Long positions below 0.52 with a stop under 0.32 and a target near 1.32 offer a favorable risk to reward setup, especially if lower timeframes confirm a shift in direction. This area may represent a key long term opportunity if the bullish scenario plays out.
Disclaimer: This content is for educational and informational purposes only. It does not represent financial advice or a recommendation to buy or sell any financial instrument. Trading involves risk, and you should only trade with money you can afford to lose.
ADAUSDT 1W chart, the price has retraced to the 78.6 Fibonacci level after a strong bullish impulse and is now forming a higher low, keeping the overall market structure intact. The Ichimoku cloud (10, 20, 40, 10) remains far above the current price, confirming there is still bearish pressure in the short term, but this also creates space for a sharp move up if momentum shifts. The Trend Strength Index (20, 10) is deep in oversold territory, signaling weakness, while price action shows early signs of accumulation. The two recent lows have built up liquidity, suggesting a possible sweep before a continuation to the upside. Long positions below 0.52 with a stop under 0.32 and a target near 1.32 offer a favorable risk to reward setup, especially if lower timeframes confirm a shift in direction. This area may represent a key long term opportunity if the bullish scenario plays out.Disclaimer: This content is for educational and informational purposes only. It does not represent financial advice or a recommendation to buy or sell any financial instrument. Trading involves risk, and you should only trade with money you can afford to lose.
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Trading involves substantial risk. Not financial advice
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.
Trade forex, indices, stocks and metals with up to US$100.000 in company's funding.
Complete a challenge to access funding or go for instant deposit.
Trading involves substantial risk. Not financial advice
Complete a challenge to access funding or go for instant deposit.
Trading involves substantial risk. Not financial advice
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.