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Cardano (ADA) - August 30

BINANCE:ADAUSDT   Cardano / TetherUS
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(ADAUSDT 1W chart)
Whether or not it can move higher than 0.5184 is crucial.



(1D chart)
For the short-term uptrend to begin, it needs to move towards the 0.4591-0.4893 zone and find support.

If it doesn't, it could drop to the 0.3321-0.3974 segment.


The 0.5184-0.6834 interval is the interval that determines the trend.

Therefore, it is most important to maintain the price by rising above 0.5184.


The 0.3974, 0.3448 and 0.3321 points are the support and resistance points plotted on the 1M chart.

Therefore, if it falls below this point, it is highly likely to enter the mid- to long-term investment area.

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** All descriptions are for reference only and do not guarantee a profit or loss in investment.

** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.

** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.

** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)

(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)

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[Example of exchange chart setup]

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

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