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We need to make sure that we can get support by rising above the 0.01729 point. You should also check if you can get support at the 0.016 point if you fall.
We believe that the long-term uptrend line (2) must be supported.
If you break the 0.01729 point, you will need to be supported above the uptrend line (3).
** Check support, resistance and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart R: Resistance point or section, where a countermeasure is needed to preserve revenue. S-L: Stop-Loss point or section S: A point or section that can be purchased for profit generation as a support point or section
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You should see if you can climb above the 0.01869 point around July 11.
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It is breaking through the 0.01869 point. We need to make sure we can get support at 0.01869. You should also make sure that you can keep the price above the downtrend line (1).
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You need to see if you can rise above the 0.01869 point on July 11-12. If you can't get it up, you're likely to fall along the downtrend line (1).