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We need to see if it can rise along the uptrend line (1)-(3).
If it falls from the uptrend line (1)-(2), it is a short-term Stop Loss.
If it falls from the uptrend line (3) or 11516.5 points, I think trading is necessary to preserve the profit or loss.
We'll see if it's higher than 12340 points on the date shown on the chart.
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(Binance BTCUSDT 1D Chart)
We'll see if we can get support at the uptrend line (1) and climb along the trend line.
If you fall from the uptrend line (1), I think you need to trade to preserve profit and loss.
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** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for generating profit as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
We need to see if it can rise along the uptrend line (1)-(3).
If it falls from the uptrend line (1)-(2), it is a short-term Stop Loss.
If it falls from the uptrend line (3) or 11516.5 points, I think trading is necessary to preserve the profit or loss.
We'll see if it's higher than 12340 points on the date shown on the chart.
-------------------------------------------------- --------
(Binance BTCUSDT 1D Chart)
We'll see if we can get support at the uptrend line (1) and climb along the trend line.
If you fall from the uptrend line (1), I think you need to trade to preserve profit and loss.
-------------------------------------------------- -------------------------------------------
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for generating profit as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)
Comment:
The chart above is the XBTUSD 1h chart. Sorry for the confusion.
Comment:
(USDT Dominance 1D Chart)
You need to make sure you can get resistance in the 2.836-2.863 range.
Also, it remains to be seen if it can drop below the 2.541 point.
You need to make sure you can get resistance in the 2.836-2.863 range.
Also, it remains to be seen if it can drop below the 2.541 point.
[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/
If you fall from the uptrend line (3), I think you need a minimum of trading to preserve your profit and loss.