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Cardano (ADA) - October 21

BINANCE:ADAUSD   Cardano
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It is supported at the 0.10178200 point.

If it falls below the uptrend line (5), it is a short-term Stop Loss.

I think the 0.10178200 point is the lowest point to create a new wave.
Therefore, if it falls from the 0.10178200 point, I think you should think about trading to preserve profit and loss.

Below 0.07549600 point, I think it is a mid- to long-term investment area as the bottom section.
So, if it falls below the 0.07549600 point, I think it is necessary to trade to preserve profit and loss.

I think it is very important to get support at the 0.10178200 point of your current location.

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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 must 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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