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We need to see if it can rise along the uptrend line (2).
If it falls from the uptrend line (2), it is a short-term Stop Loss.
Also, if it falls from the 25.4579 point, I think it is necessary to trade to preserve the profit and loss.
If it falls below the downtrend line (3), I think it is good to watch it rise above the downtrend line (3).
If it rises above 29.8400 points and gains support, I think there is a possibility to renew the New High.
However, because of the high risk, we do not recommend new investments.
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I think it is a period of volatility from September 21st to October 1st.
Therefore, I think careful trading is necessary.
About October 28, when maximum volatility is expected to occur, is about a month left.
The most important thing is to generate money, so I think it's time to trade to earn money.
** 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 generating profit 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.)
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
We need to see if it can rise along the uptrend line (2).
If it falls from the uptrend line (2), it is a short-term Stop Loss.
Also, if it falls from the 25.4579 point, I think it is necessary to trade to preserve the profit and loss.
If it falls below the downtrend line (3), I think it is good to watch it rise above the downtrend line (3).
If it rises above 29.8400 points and gains support, I think there is a possibility to renew the New High.
However, because of the high risk, we do not recommend new investments.
-------------------------------------------------- -------------------------------------------
I think it is a period of volatility from September 21st to October 1st.
Therefore, I think careful trading is necessary.
About October 28, when maximum volatility is expected to occur, is about a month left.
The most important thing is to generate money, so I think it's time to trade to earn money.
** 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 generating profit 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/
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
