Cardano (ADA) - June 2

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(ADAUSDT 1M Chart)


(1W chart)


(1D chart)
Primary resistance: around 0.6611
Secondary resistance: around 0.9930

In the short-term and medium-term perspective, it needs to move above 0.5776 to turn into an uptrend.

A decline from 0.5187 could lead to a drop near 0.3448, so trade with caution.

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(ADABTC 1W chart)
The interval 0.0000 1593 - 0.0000 1944 is the boundary between rising and falling.

Therefore, below 0.0000 1593 is likely to be a mid- to long-term investment area.

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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.

(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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