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Cardano (ADA) - July 7

BINANCE:ADAUSDT   Cardano / TetherUS
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(ADAUSDT 1M Chart)
Below 0.6611 is likely to be a mid- to long-term investment area.

Therefore, it is important whether it can rise above 0.6611 or not.


(1W chart)
It is necessary to ensure that it is supported at 0.3448 or above and that it moves along the upward trend line.

If it rises above 0.6611 and is supported, it is expected to continue the upward trend from a mid- to long-term perspective.


(1D Chart)
We need to check if it can be supported by 0.4619 or higher and increase by 0.5187 or higher.

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** All indicators are retrograde indicators.
So, it's important to know that the indicators move along with the price and volume of the transaction.
However, for convenience, I'm talking upside down for interpretation of the indicators.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV index was re-created by applying the formula to the Depth House Trading index released by Oh92. (Thank you.)
** Support or resistance is the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee gains or losses in the investment.

(Short-term Stop Loss is a point where profit or loss can be preserved or additionally entered as a split transaction. It's 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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