Hello?
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(1W chart)
I think it is creating a new wave by rising above 69.89 points.
In addition, it is gradually rising in the volume profile section of the 74.32-84.70 section.
It remains to be seen if it can show new moves by breaking above the downtrend line (2).
(1D chart)
It remains to be seen if it can break above the downtrend line (2) in the near future and rise above the 101.16 point.
If it doesn't go up, you should watch for movement along the uptrend line (1) until around December 30th.
As always, in order to create a new wave, you have to go sideways for a long period of time and take a sell off.
The LTC is expected to rise above the 123.25 point, as we believe it hasn't risen enough yet.
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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 should 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.
-------------------------------------------------- -----
(1W chart)
In addition, it is gradually rising in the volume profile section of the 74.32-84.70 section.
It remains to be seen if it can show new moves by breaking above the downtrend line (2).
(1D chart)
It remains to be seen if it can break above the downtrend line (2) in the near future and rise above the 101.16 point.
If it doesn't go up, you should watch for movement along the uptrend line (1) until around December 30th.
As always, in order to create a new wave, you have to go sideways for a long period of time and take a sell off.
The LTC is expected to rise above the 123.25 point, as we believe it hasn't risen enough yet.
-------------------------------------------------- -------------------------------------------
** 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 should 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/
