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Cardano (ADA) - December 7 (1W)

BINANCE:ADAUSD   Cardano
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We have to see if we can get above the 0.17047300 support.

Sideways in the 0.10178200-0.17047300 section and see if the movement to create a new wave can continue.

If it falls below the 0.10178200 point, a Stop Loss is required to preserve profit and loss.

We have to see if we can create a 3rd wave by touching the 0.22623228 point.

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** 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.)

[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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