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Cardano (ADA) - April 15

BINANCE:ADAUSDT   Cardano / TetherUS
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(ADAUSDT 1W Chart)
The 1.014-1.170 section is very important for maintaining the uptrend.

We need to see if it rises above 1.014.

If it falls below the 0.518-0.683 range, it is expected to enter the mid- to long-term investment area.


(1D chart)
(buy)
- After confirming that it is supported at 1.014 or higher

(Stop Loss)
- When the resistance falls below 0.888

(Sell)
- When receiving resistance in the range 1.344-1.509
- When receiving resistance near 2.004

A whipsaw can occur near 1.170, so trade with caution.

A move above 2.189 is expected to result in a sharp move.

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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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[Example of exchange chart setup]

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

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