Cardano (ADA) - May 7

2020년 5월 6일Hello?
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Bitcoin Halving has about 6 days left.
It is expected that there will be a trend this week to decorate the finale of Bitcoin Halving.

It is supported by the uptrend line (1).

It is necessary to check whether it is possible to touch the 0.05689900 important point in the vicinity of Low.
In addition, you should also see if you can continue to gain as you continue to be supported by the uptrend line (1).

If the closing price is generated below the 0.04865130 point on the 1D chart where the situation happened, I think it is likely to fall.

If I fall from 0.04865130, I think there is a possibility of falling below 0.03890200.

Let's see if it passes the middle of the bottom of the 'U' pattern due to this Bitcoin Halving.

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Rather than deciding to which point it will rise, I hope now that we can decide at what point we should preserve our profits and losses and close the upward trend with good results.

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BTC Dominance Chart.
We expect the BTC dominance to fall below the 67.44 point to expect Alts to rise.

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See support, resistance, and abbreviation points.
Support or resistance is based on the closing price on the 1D chart.

Description of abbreviations shown in chart
R: Resistance point or section, where a counter is needed to preserve revenue
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section