Yesterday's closing price was unsupported at 5255 and closed lower.
If we finally confirm the support between 4969.5 and 5255 and rise above the 5255 point, we think the flow itself is a decent flow.
However, when trying to check the support section like this, if you can't support it, you need to be cautious trading because it can cause a big drop.
If you fall below the 4969.5 point, you may fall below the 4036 point as your market anxiety increases.
Therefore, it must be supported on the long-term uptrend line.
As soon as it is lost, it must rise with a large volume.
I couldn't challenge the 5860 spot yesterday.
I think this is because the anxiety about the market has not yet been resolved.
To remedy this anxiety, a rebound between sections 4969.5 ~ 5255 must be shown.
Around April 2019, I experienced sideways and ascended in the square box section 4969.5 ~ 5255.
If we finally confirm the support between 4969.5 and 5255 and rise above the 5255 point, we think the flow itself is a decent flow.
However, when trying to check the support section like this, if you can't support it, you need to be cautious trading because it can cause a big drop.
If you fall below the 4969.5 point, you may fall below the 4036 point as your market anxiety increases.
Therefore, it must be supported on the long-term uptrend line.
As soon as it is lost, it must rise with a large volume.
I couldn't challenge the 5860 spot yesterday.
I think this is because the anxiety about the market has not yet been resolved.
To remedy this anxiety, a rebound between sections 4969.5 ~ 5255 must be shown.
Around April 2019, I experienced sideways and ascended in the square box section 4969.5 ~ 5255.
[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/
