#ETH has hit TP 1 already, guys
👑 LONG $ADA : ACCUMULATION COMPLETED - STRONG INCREASE
ADAUSDT
Perp
0.4005
+3.91%
ADA/USDT
Entry Price $0.4100 - $0.4150
TP1: $0.4350
TP2: $0.4500
Stop Loss: $0.4000
🔍On the H4 and H1 frames, it shows that ADA is strongly accumulating after creating a bottom at $0.3875. The price has spent a lot of time consolidating in the $0.4100 - $0.4250 range, creating a solid Structural Support Area. The most recent adjustment to $0.4080 is just a Liquidity Test Action before the bounce. The Moving Average Indicator MA(7) has crossed above MA(25) on the H1 frame right at the current price range ($0.4199), this is a signal for the start of a short-term uptrend.