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Cardano (ADA) - December 12

BINANCE:ADAUSD   Cardano
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It was supported at 0.13432800 and moved up, following the upward trend line (4)

It remains to be seen if the uptrend can continue along the uptrend line (4).

The 0.13432800-0.17047300 section is an important section, and I think it is good to sideways to create a new wave.

Since new waves are not created in a short period of time, the Sideways period is essential.

If it falls at 0.13432800, it is a short-term Stop Loss.

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** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.

Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment

(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You should trade from a short-term investment perspective.)

[Example of exchange chart setup]

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

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