readCrypto

0.3840-0.5620: Important boundary range

BINANCE:MATICUSDT   MATIC Network / TetherUS
Hello?
Hello traders!

If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.

-------------------------------------

(MATICUSDT chart)

(1M charts)
The StochRSI indicator has entered the oversold zone and a change in slope has occurred.

Accordingly, the possibility of a trend reversal in the StochRSI indicator is increasing.

The key is whether the price can be maintained above 0.4010.


(1W chart)
On the 1W chart, the 0.559 point corresponds to an important support and resistance point.

Accordingly, the key is whether the price can be maintained around 0.559 and rise.


(1D chart)
With the 0.3840-0.5620 range as the boundary range, we believe that anything below 0.3840 corresponds to the mid- to long-term investment period.

Accordingly, if it falls below 0.3840, it is recommended to stop trading and wait for it to rise.

In order to reverse the trend, the price must be maintained by rising above the MS-Signal indicator on the 1M, 1W, and 1D charts.

Accordingly, the price must be maintained by rising above the M-Signal indicator corresponding to the MS-Signal indicator.

(MS-Signal indicator is composed of M-Signal indicator and S-Signal indicator.)

Since it has not risen above the MS-Signal indicator on the 1D chart, it has not been able to turn into a short-term upward trend.

Therefore, in order to turn into a short-term uptrend, the price must rise above 0.5620 and maintain the price.

-------------------------------------------------- -------------------------------------------

** 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.

---------------------------------

[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.