ADAUSDT|New update from Cardano and important areas
Hello friends, I hope you are doing well.
We check the popular Cardano currency in the daily time frame.
With the growth it has experienced, it has been able to pass its old ceiling, which increases the possibility of further growth for us.
Up to the supply area drawn in the chart, there is no other obstacle to its growth.
The supply area (0.91-0.87) and then the areas (1.16-1.16-1.25)
In corrections, we can enter buying positions in demand areas (0.57-0.6) and area (0.51-0.49).
We check the popular Cardano currency in the daily time frame.
With the growth it has experienced, it has been able to pass its old ceiling, which increases the possibility of further growth for us.
Up to the supply area drawn in the chart, there is no other obstacle to its growth.
The supply area (0.91-0.87) and then the areas (1.16-1.16-1.25)
In corrections, we can enter buying positions in demand areas (0.57-0.6) and area (0.51-0.49).
Note
The exact location of the supply areas on the daily chat
Transaction en cours
You can see the Cardano chart in the 4-hour time frame.
We had a demand area in the 4-hour time frame, and by touching this area, it was able to experience good growth.
For now, we expect the growth to continue to the daily supply area.
If you are in this position, my suggestion is not to exit the position in a hurry and wait until the daily target.
Transaction en cours
Friends, as I expected, Cardano was able to fall to the daily demand area (0.57-0.6) and start moving upwards from this area.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.