The daily chart is attempting to break above the upward trend line.
Check if you can break the upward trend line.
If the breakthrough is successful, you should also check for support.
An important point on the daily chart is 7757.
The 50MA on the weekly chart is challenging.
Important points on the weekly charts are 8487 and 8625.
An important point on the monthly chart is 10300.
-----------------
If the daily chart can support the trend above the upward trend line, I think there is a high chance that it will move to a new trend.
Check if you can break the upward trend line.
If the breakthrough is successful, you should also check for support.
An important point on the daily chart is 7757.
The 50MA on the weekly chart is challenging.
Important points on the weekly charts are 8487 and 8625.
An important point on the monthly chart is 10300.
-----------------
If the daily chart can support the trend above the upward trend line, I think there is a high chance that it will move to a new trend.
[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/
Related Ideas
![readCrypto](https://s3.tradingview.com/userpics/3880805-XaCd.png)
Bitcoin
readCrypto
Mod
about XBTUSD.P
![readCrypto](https://s3.tradingview.com/userpics/3880805-XaCd.png)
Horizen
readCrypto
Mod
about ZENBTC
![readCrypto](https://s3.tradingview.com/userpics/3880805-XaCd.png)
Ethereum
readCrypto
Mod
about ETHUSDT
![readCrypto](https://s3.tradingview.com/userpics/3880805-XaCd.png)
Huobi Token
readCrypto
Mod
about HTUSDT
![readCrypto](https://s3.tradingview.com/userpics/3880805-XaCd.png)
Litecoin
readCrypto
Mod
about LTCBTC
![readCrypto](https://s3.tradingview.com/userpics/3880805-XaCd.png)
MCO
readCrypto
Mod
about MCOBTC
![readCrypto](https://s3.tradingview.com/userpics/3880805-XaCd.png)
TRON
readCrypto
Mod
about TRXBTC