readCrypto

The key is whether it can rise above 0.2216

BINANCE:KLAYUSDT   KLAY / TetherUS
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(KLAYUSDT chart)
KLAY is one of the coins that is expanding the coin ecosystem.

Among the coins that are expanding the coin ecosystem, I think it is better to trade XRP, TRX, KLAY, OP, and WEMIX in a way that clearly increases the number of coins (tokens) corresponding to profits.

This means that, if possible, it is not recommended to invest the purchase principal and hold it for a mid to long term.


However, in this chart, the MS-Signal indicator for the 1M chart has not been created yet, but the M-Signal indicator for the 1M chart has been created.


(1W chart)
Currently, the M-Signal indicator on the 1M chart is located above 0.2676, so if it rises above 0.2269-0.2676 and maintains the price, it is expected to show an upward trend.


(1D chart)
The gap between the waves is so wide that there is a wide gap between the bottom section and the high section.

Accordingly, if it rises from the bottom, it is one of the coins that is likely to see a rapid rise.

Since the volume profile section is formed around 0.2216, the key is whether the price can be maintained by rising above 0.2216.

If that happens, it is expected to touch the M-Signal indicator on the 1M chart while rising to the 0.2757-0.3188 range.


The current bottom section appears to be below 0.3188.

Accordingly, if the price rises above 0.3188 and maintains the price by rising above the M-Signal indicator on the 1M chart, rapid volatility is expected to occur.

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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.

This is the section expected to be touched in the next bull market, 81K-95K.

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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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