TradingView
wagmitraders
Jan 7, 2023 4:03 PM

Cardano (ADA) Coin Analysis! 

Cardano / TetherUS PERPETUAL CONTRACTBinance

Description

We examined the chart of the Cardano coin.

To continue the bullish move, Cardano coin must close 7-hour candles above the $0.2836 zone, the red zone indicated on the chart.

If ADA coin can close above the $0.2836 region, we think the bullish move will continue until the $0.2985 region.

When we examine the important support areas of ADA Coin, the important support area of the ADA coin is located at $0.2690.

If Cardano (ADA) coin fails to close above the $0.2840 zone, it can continue its downward move up to the support zone of $0.2590.

Not Investment Advice.
More