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Cardano (ADA) - May 20

BINANCE:ADAUSD   Cardano
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It rises above 50EMA on the 1W chart and is located near the 0.05689900 point.

You need to make sure you can climb above the 0.05689900 point.
You also need to make sure you can rise above the rising trend line (1) and follow the trend line.

The 0.05689900 point is the most important point in the vicinity of Low.
If you go up to the 0.05689900 point, I think it is a point that you must absolutely support.

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** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.

Description of abbreviations shown in chart
R: A resistance point or section where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section where purchase is possible to generate profits as a support point or section

[Example of exchange chart setup]

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

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