If supported by 0.1669-0.1638

BINANCE:ONTUSDT   Ontology / TetherUS
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(ONTUSDT chart)
The full-fledged upward trend is expected to begin when the price rises above 0.5 and maintains the price.

(1M charts)
However, if the HA-Low indicator on the 1M chart falls and is created, it is important to see whether it can be supported and rise around that area.

If not, it is expected that it will be time to buy in earnest when the price rises above 0.5792 and maintains the price.

(1W chart)
To do so, the key is whether it can receive support by rising above the HA-Low indicator point (0.1695) on the 1W chart.

If it shows support around 0.1695-0.197, it is expected to rise to around 0.3519-0.42, the previous highest point.

(1D chart)
In order to turn into a short-term uptrend, the price must be maintained above 0.1619, which is the HA-Low indicator point on the 1D chart.

Accordingly, the key is whether support can be found until the MS-Signal indicator switches to a bullish indicator around 0.1619-0.1638.

If that happens, it is expected to rise to the previous high point of 0.2037-0.2198.

At this time, it is expected that a new trend will be formed depending on whether it is supported or resisted around 0.2198.

Therefore, if it shows support around 0.1669-0.1638, it is time to buy.

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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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