The key is whether you can rise with support in the 0.799-0.871
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(THETAUSDT chart)
Looking at the 1M chart,
There is a possibility that a full-fledged uptrend will begin only when it rises above 1.127.
Looking at the 1W chart,
A rise above 1.336 is expected to initiate an uptrend.
In order to do so, it is important to be able to sustain the price by rising above 0.764.
The Bollinger Bands are contracting, but they are near the bottom, so trading with caution is advised.
(1D chart)
We need to see if we can keep the price above 0.660-0.714.
However, when it is supported and rises in the 0.799-0.871 section, it is a buying season.
1st: 1.127
2nd: 1.336-1.401
Split selling is possible when resistance is received in the first and second sections above.
If it falls below 0.660 and is resisted, it may fall to around 0.316, so countermeasures are needed.
If you buy because the price is cheap, you may need to wait for a considerable period because you never know when the trend will turn upside down.
Therefore, it is best to get a good idea of when prices are starting to rise and start buying near them.
To do so, you can look at the 1M, 1W, and 1D charts, identify the corresponding important sections, that is, support and resistance points or sections, and create a trading strategy tailored to your investment period.
The 0.799-0.871 section, which is the buying period mentioned above, corresponds to the section where buying is likely to start in that sense.
However, in the mid- to long-term, it is when the price rises above 1.336, and in the long-term, when it rises above 1.127, it is the time to buy.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(THETAUSDT chart)
Looking at the 1M chart,
There is a possibility that a full-fledged uptrend will begin only when it rises above 1.127.
Looking at the 1W chart,
A rise above 1.336 is expected to initiate an uptrend.
In order to do so, it is important to be able to sustain the price by rising above 0.764.
The Bollinger Bands are contracting, but they are near the bottom, so trading with caution is advised.
(1D chart)
However, when it is supported and rises in the 0.799-0.871 section, it is a buying season.
1st: 1.127
2nd: 1.336-1.401
Split selling is possible when resistance is received in the first and second sections above.
If it falls below 0.660 and is resisted, it may fall to around 0.316, so countermeasures are needed.
If you buy because the price is cheap, you may need to wait for a considerable period because you never know when the trend will turn upside down.
Therefore, it is best to get a good idea of when prices are starting to rise and start buying near them.
To do so, you can look at the 1M, 1W, and 1D charts, identify the corresponding important sections, that is, support and resistance points or sections, and create a trading strategy tailored to your investment period.
The 0.799-0.871 section, which is the buying period mentioned above, corresponds to the section where buying is likely to start in that sense.
However, in the mid- to long-term, it is when the price rises above 1.336, and in the long-term, when it rises above 1.127, it is the time to buy.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
[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/
