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The key is whether it can rise beyond the box range of 1.231-1.4

BINANCE:OPUSDT   OP / TetherUS
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(OPUSDT chart)
The volume profile section is formed in the range 0.919-1.129.

Therefore, if the price is maintained above the 0.919-1.129 range, it is expected to continue its upward trend.


(1D chart)
It shows sideways movements in the range of 1.111-1.68.

Accordingly, the key is which direction to deviate from this section.

It is necessary to check whether the price can be maintained by rising above the 1.231-1.4 section, which is the currently formed box section, above the M-Signal indicator of the 1M chart and above the rising trend line.


If it falls below 1.310, there is a possibility that it may fall to around 1.111, so you need to think about a response plan.

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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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