ADA/USDT Break Descending Channel. Upward Momentum ???

💎 ADA has unquestionably captured our attention, shattering the descending channel pattern with a substantial influx of buyer volume. Following this breakout, ADA embarked on a notable ascent, reaching the supply zone, only to face stern rejection.

💎 This supply area became particularly evident in the 8H timeframe, where ADA encountered significant pushback in the last two candles. There's a possibility that ADA might retract to the demand zone for a retest, gathering strength for another attempt at breach. However, if ADA manages to Break the supply zone without delay, Probability smoothly sail toward the next target - the Bearish OB zone.

💎 On the flip side, a concerning scenario would unfold if ADA, while retesting the demand zone, fails to demonstrate any bullish rejection or bounce. This lack of resilience could signal ADA's potential forfeiture of the demand zone. Should this occur, the momentum could shift from bullish to bearish, priming ADA for a downward trajectory as it seeks to retest the robust support zone below.

Trade chiuso: obiettivo raggiunto:

Bingo! #ADA is dancing to our tune, up 21.99% just like we predicted