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Cardano (ADA) - May 3

BINANCE:ADAUSD   Cardano
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Bitcoin Halving has about 10 days left.
It is expected that the upcoming week will flow to decorate the finale of Bitcoin Halving.

I think it is one of the major coins that recorded many declines.

From the whole period, I think the 0.10178200 point is an important point near low.
If we can gain support by rising to the 0.10178200 point, we expect to create a new wave.

However, it fell further than the 0.10178200 point and moved to the important point at 0.05689900.

If you want to invest in ADA, I thought that you should understand this situation well.

If you rise above the 0.05689900 point, we hope you will be careful and get good results.

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Rather than deciding to which point it will rise, I hope now that we can decide where to keep our profits and losses and close the upward trend with good results.

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See support, resistance, and abbreviation points.
Support or resistance is based on the closing price on the 1D chart.

Description of abbreviations shown in chart
R: Resistance point or section, where a counter is needed to preserve revenue
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section

[Example of exchange chart setup]

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

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

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