Cardano (ADA) has shown a Fractle Structure Break in weekly Time Frame, opening the door for a bullish swing play.
Plan of Action:
Entry 1 (50%) → $0.7668 (on retest)
Entry 2 (25%) → $0.6225 (liquidity pool zone)
Entry 3 (25%) → $0.4490 (deep liquidity sweep)
Stop Loss → $0.2772 (below weekly low)
Target → 1:3 RR
Why scale entries?
Liquidity below $0.5300 remains untouched. ADA could dip to sweep it before resuming bullish momentum. Scaling protects against early invalidation.
📊 Bias: Long
⏳ Timeframe: Weekly (multi-week holding potential)
⚠️ Risk management is key. Enter gradually & let the structure play out.
Plan of Action:
Entry 1 (50%) → $0.7668 (on retest)
Entry 2 (25%) → $0.6225 (liquidity pool zone)
Entry 3 (25%) → $0.4490 (deep liquidity sweep)
Stop Loss → $0.2772 (below weekly low)
Target → 1:3 RR
Why scale entries?
Liquidity below $0.5300 remains untouched. ADA could dip to sweep it before resuming bullish momentum. Scaling protects against early invalidation.
📊 Bias: Long
⏳ Timeframe: Weekly (multi-week holding potential)
⚠️ Risk management is key. Enter gradually & let the structure play out.
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.
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.