🟠 #ADA Update #2 – July 7, 2025
ADA has been consolidating within a descending triangle for a while now. Staying below the 200MA reinforces the bearish outlook, as this level acts as strong resistance. We’re seeing clear selling pressure on upward moves, which is confirmed by low volume on green candles.
Given this structure, it's likely ADA will retest the lower boundary of the triangle. Therefore, I see a short opportunity here.
Trade Plan:
🔘 Entry: 0.5857
🔴 Stop Loss: 0.6001
🟢 Target: 0.5530
At this stage, ADA does not present a favorable long setup. Only the short side seems worth considering.
ADA has been consolidating within a descending triangle for a while now. Staying below the 200MA reinforces the bearish outlook, as this level acts as strong resistance. We’re seeing clear selling pressure on upward moves, which is confirmed by low volume on green candles.
Given this structure, it's likely ADA will retest the lower boundary of the triangle. Therefore, I see a short opportunity here.
Trade Plan:
🔘 Entry: 0.5857
🔴 Stop Loss: 0.6001
🟢 Target: 0.5530
At this stage, ADA does not present a favorable long setup. Only the short side seems worth considering.
交易進行
📉 Our ADA short position is progressing well toward the target.Consider taking profit on 1/3 of your position. We’ll continue holding the remaining 2/3 toward the next target.
Stop-loss remains unchanged.
交易結束：達到停損點
We made a profit with 1/3 of the budget. The stops were pulled to the entry level. Therefore, without loss, the trade is terminated.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。