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Cardano (ADA) - May 30

readCrypto Mod Updated   
BINANCE:ADAUSD   Cardano
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In the box section near Low, from 0.05689900 to 0.10178200, it rose as it broke through the lower point of 0.05689900.

We need to make sure we can get support from the uptrend line (1).
You should also check if you can rise above the uptrend line (2).



(1M chart)

(1W chart)

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

Description of abbreviations shown in chart
R: A resistance point or section where a response is needed to preserve revenue
S-L: Stop-Loss point or section
S: A point or section where purchase is possible to generate profits as a support point or section
Comment:
Comment:
Comment:

Touched section A (0.08395653 ~ 0.08730159).
You need to make sure you can get support by ascending to Section A.
If you get support in section A and break through the 0.08730159 point and rise, I think you must get support at the 0.09038731 point.

If it falls, you need to make sure you can get support at 0.07549600 ~ 0.07726643.

If you don't get support, you should check if you can get support in section B (0.06723128 ~ 0.07057633).

[Example of exchange chart setup]

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

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