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(SOLBTC 1W chart)
The question is whether it can move above 0.0011394 and lead to a move out of the downtrend line.
A dip below 0.008297 could lead to a sharp decline, so you need to think about how to react.
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(SOLUSDT 1W chart)
The key is whether you can climb with support in the 24.54-46.85 section.
(1D chart)
It is important not to fall below the downtrend line (1).
In particular, to break out of the short-term downtrend, we need to see if the price can sustain the price by rising above 26.07.
Looking at the 'Strength' sub-indicator,
1. Overbought section: 1
2. Neutral: 2
3. Oversold section: 1
So, you can see that it is moving sideways.
I need to make sure this sideways is coming from MS-Signal or higher.
Most coins (tokens) are cup-shaped.
This type of finish usually results in a handle.
To make the handle, you need to wiggle it up and down.
It is unknown what size handles will be made, but it is predictable that they will be made, so a response is necessary.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at (www.tradingview.com/...shi-MS-Signal-HA-MS/).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice day.
-------------------------------------
(SOLBTC 1W chart)
The question is whether it can move above 0.0011394 and lead to a move out of the downtrend line.
A dip below 0.008297 could lead to a sharp decline, so you need to think about how to react.
--------------------------------------
----------------------------------------
(SOLUSDT 1W chart)
The key is whether you can climb with support in the 24.54-46.85 section.
(1D chart)
It is important not to fall below the downtrend line (1).
In particular, to break out of the short-term downtrend, we need to see if the price can sustain the price by rising above 26.07.
Looking at the 'Strength' sub-indicator,
1. Overbought section: 1
2. Neutral: 2
3. Oversold section: 1
So, you can see that it is moving sideways.
I need to make sure this sideways is coming from MS-Signal or higher.
Most coins (tokens) are cup-shaped.
This type of finish usually results in a handle.
To make the handle, you need to wiggle it up and down.
It is unknown what size handles will be made, but it is predictable that they will be made, so a response is necessary.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at (www.tradingview.com/...shi-MS-Signal-HA-MS/).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is 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/