readCrypto

Bottom section below 9.262

BINANCE:DOTUSDT   DOT / TetherUS
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(DOTUSDT chart)
In fact, it can be said that it has entered the bottom section by falling below 9.262.

Accordingly, it can be said to be a coin (token) that does not correspond to the time of transaction.

(1M charts)
One silver lining is that the StochRSI indicator has been sloping.
Therefore, it is necessary to check whether it will not decline further and lead to sideways movement.


(1W chart)
It is falling below 4.876 and renewing a new low.

Accordingly, the key is whether the price can be maintained by rising above 4.234.

If not, we recommend stopping the transaction itself and observing the situation for a while.


I think it is difficult to say that maintaining the price by rising above 4.234 will result in an upward trend.

Therefore, you need to check what kind of support it receives in the 4.234-6.523 range.


(1D chart)

We are falling to an immeasurable point.

Therefore, it is better to wait and see if the price rebounds.

Therefore, when the StochRSI indicator breaks out of the oversold range, you need to check at which point or range it receives support or resistance.

If that happens, the HA-Low indicator is expected to decline.

At this time, the key is whether it can receive support from the HA-Low indicator and rise.

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

** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA

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

** This chart was created using my know-how.

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[Example of exchange chart setup]

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

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