🔵 ADA (Cardano) on the weekly timeframe is holding a strong bullish trend 📈. We can see price has retraced into the Fibonacci 50–61.8% zone 🔢, which is typically a pullback into equilibrium ⚖️—an area often considered an ideal continuation entry in line with the trend.
👀 My bias remains long, but let’s break it down further:
📊 On the 4H chart, price action suggests a potential base forming—possibly big money accumulation 💼💰. That said, we don’t yet have a decisive break above to confirm.
🔎 Zooming into the 30M chart, the recent downtrend has been compromised with a shift in structure to the upside 🔄📈. What I’m waiting for now is:
1️⃣ An expansion above the previous high
2️⃣ A retracement and retest
3️⃣ A potential buy opportunity in alignment with trend ✅
This setup also aligns with a possible Wyckoff accumulation 📚—we’ve got relative equal lows, and a liquidity spike below could create a springboard for more bullish activity 🌱🚀.
⚠️ This is purely educational and not financial advice 🔒
👀 My bias remains long, but let’s break it down further:
📊 On the 4H chart, price action suggests a potential base forming—possibly big money accumulation 💼💰. That said, we don’t yet have a decisive break above to confirm.
🔎 Zooming into the 30M chart, the recent downtrend has been compromised with a shift in structure to the upside 🔄📈. What I’m waiting for now is:
1️⃣ An expansion above the previous high
2️⃣ A retracement and retest
3️⃣ A potential buy opportunity in alignment with trend ✅
This setup also aligns with a possible Wyckoff accumulation 📚—we’ve got relative equal lows, and a liquidity spike below could create a springboard for more bullish activity 🌱🚀.
⚠️ This is purely educational and not financial advice 🔒
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
🚀💰Winning SIGNALS & Trade Copy
Forex 🔗 youtu.be/_iT5eOzRc8k
GOLD 🔗 youtu.be/gXIEt38bcZE
🔥💰 PASS YOUR PROP CHALLENGE FX SIGNALS
🔗 youtu.be/OrtnnrLizeQ
✅ Join Our Free DISCORD
🔗 discord.com/invite/PcBeCdwVQq
Forex 🔗 youtu.be/_iT5eOzRc8k
GOLD 🔗 youtu.be/gXIEt38bcZE
🔥💰 PASS YOUR PROP CHALLENGE FX SIGNALS
🔗 youtu.be/OrtnnrLizeQ
✅ Join Our Free DISCORD
🔗 discord.com/invite/PcBeCdwVQq
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.