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We need to see if we are supported by the long-term uptrend line (1) and can rise above the 5.889 point.
If we can get support at the critical point of 5.889, I think there is a possibility that it will turn into an upward trend.
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** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: Resistance point or section, where a countermeasure 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
Dear Traders, Nice to meet you.
"Like" is a great power for me.
By "following" you can always get new information quickly.
Thank you for always supporting.
--------------------------------------
We need to see if we are supported by the long-term uptrend line (1) and can rise above the 5.889 point.
If we can get support at the critical point of 5.889, I think there is a possibility that it will turn into an upward trend.
-------------------------------------------------- -----------------------
** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: Resistance point or section, where a countermeasure 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
[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/
I think that below 5.889 is the bottom section.
In order to get out of the low section, we need to see if we can rise above the 8.3~9.5 section.
Volume is significantly decreasing.
If this flow improves, it is expected to touch the 8.3 to 9.5 section.
At 5.889, you must get support.