Cardano (ADA) - December 17

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We have to see if we can climb above 0.17047300 and get support.
If supported, it is expected to rise towards the volume profile point of 0.22623228.

If it falls at 0.12393236, it is a short-term Stop Loss.
If it falls from the 0.13432800 point, a Stop Loss is required to preserve profit and loss.

(1W chart)
If you go up at 0.17047300, I think it's out of the lows.
We have to see if we can create a new wave in the 0.13432800-0.17047300 range.

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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.

Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment

(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You should trade from a short-term investment perspective.)