Cardano (ADA) - November 22Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(ADABTC 1W chart)
If the price stays in the 0.0000 1593 to 0.0000 1944 range or above, it can be interpreted that an upward force exists.
However, since the volume profile section is formed over the 0.0000 2147 ~ 0.0000 2982 section, it is expected that there will be restrictions on the rise until this section is exceeded.
-----------------------------------------
(ADAUSDT 1W Chart)
The key question is whether it can rise to the 0.5184-0.6834 range.
To do so, we need to see if we can sustain the price by moving above 0.3321.
(1D chart)
It is the most important section from the current position, the 0.5184-0.6834 section, and the key is whether it can be supported by rising to this section.
To do so, it must rise from a falling channel.
The point at which it can be considered to have risen from the downtrend is when it rises above 0.3621 and maintains the price.
If it breaks out of the downtrend channel, it should find support near 0.2772 and rise.
If not, you'll most likely be entering the realm of long-term investing, so be cautious.
Finding what's most important at where the current price is located is the first step in creating a trading strategy.
The key points in the current price range are 0.2772 and 0.3621.
From a mid- to long-term perspective, the 0.5184-0.6834 range is the key range.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
