readCrypto

The 0.4080 point is the divergence point of the rise and fall

BINANCE:ADAUSDT   Cardano / TetherUS
Hello?
Traders, welcome.

If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.

-------------------------------------

(ADAUSDT chart)
This rise did not turn the trend into an uptrend.

Therefore, I think that the movement to switch to an upward trend will begin only when the price rises above the 0.3032-0.3731 section and maintains it.


I would expect the price to hold above 0.4080 to start a full-fledged uptrend.


The timing of purchase is important for investment, that is, trading, but in the end, you must think about the increase compared to the investment period and decide.

In that sense, if it rises above 0.4080, ADA is a good coin to trade from a mid- to long-term perspective.

-------------------------------------------------- -------------------------------------------

** All descriptions are for reference only and do not guarantee profit or loss in investment.

** Even if you know other people's know-how, it takes a considerable period of time to make it your own.

** This is a chart created with my know-how.

---------------------------------

[Example of exchange chart setup]

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

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

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.