Cardano (ADA) - August 4 Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (ADAUSDT 1M Chart) The key is whether it can be supported by rising to the 0.5184-0.6834 section. (1W chart) The key is whether it can find support near 0.4893 and move above 0.5184. If it falls below the 0.3321-0.3974 range, it is likely to enter the long-term investment zone. If the price is maintained above 0.6834, it is expected to continue the upward trend from a mid- to long-term perspective. (1D chart) Primary resistance: 0.5587-0.5960 Secondary resistance: 0.6834 1st support: 0.4591-0.4893 Second support: 0.3321-0.3974 You should see support above the 0.4591-0.4893 zone and see if it can move above 0.5184. The 0.5184-0.6834 interval is the interval that determines the trend. Therefore, if it is not supported in the 0.5184-0.6834 section and falls below 0.4591 and becomes resistance, a Stop Loss is required to secure cash. However, since you can touch the 0.3321-0.3974 section and climb, you should also think about countermeasures. ------------------------------------------------------------ ------------------------------------------- ** 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 through split trading. It is a short-term investment perspective.) ---------------------------------