Cardano (ADA) - August 17

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(ADAUSDT 1W chart)
The key is whether the 0.5184-0.6834 zone can be supported and move up.


(1D chart)
If it finds support at the 0.5587-0.5960 level, I would expect a breakout attempt at 0.6834.

If resistance is found at 0.5587, it is expected to touch near 0.5184 and move higher.

If it falls below the 0.4591-0.4893 section, there is a possibility of a sharp drop, so be careful.

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** 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 can be made through split trading. It is a short-term investment perspective.)

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