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Due to volatility around November 25 (November 24-26), it is falling below the 566.92 point.
We need to make sure we can get support at point 566.92.
If you go down from 566.92, you can touch 510.30, so you need to trade carefully.
If it falls between 551.19-566.92, it is a short-term Stop Loss.
Touch the uptrend line (4) and you can go up, so you need to check the flow.
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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.)
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.
-------------------------------------------------- -----
Due to volatility around November 25 (November 24-26), it is falling below the 566.92 point.
We need to make sure we can get support at point 566.92.
If you go down from 566.92, you can touch 510.30, so you need to trade carefully.
If it falls between 551.19-566.92, it is a short-term Stop Loss.
Touch the uptrend line (4) and you can go up, so you need to check the flow.
-------------------------------------------------- -------------------------------------------
** 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/
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
You also need to make sure you can get support at 502.66-510.30.
It remains to be seen if there is any movement outside the 488.85-551.19 range due to volatility around December 4th.
If it falls below the 488.85 point, there is a high likelihood that a trend shift will begin, so careful trading is necessary.
If it rises above the 566.92 point, further gains are expected to break above the uptrend line (3) and rise above the 700.0 point.
If it goes down, it is expected to touch the uptrend line (1) or 391.22.