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If you can do sideways by climbing in the range of 0.18934 to 0.19581, there is a possibility of an additional rise.
We need to check if we can rise above the 0.18934 point and get support.
If you can't climb above 0.18934, you're likely to touch below 0.16207.
A rebound may occur near the 0.17701 point, but is expected to touch below the 0.16207 point by those who want to preserve their profit or loss.
The long-term downtrend line (2) has declined frequently.
If we cross this downward trend line (2), we expect to create a new wave.
Let's see if we can cross the downward trend line (2) in the 0.18934~0.19581 section.
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** 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 the counter 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
Dear Traders, Nice to meet you.
"Like" is a great power for me.
By "following" you can always get new information quickly.
Thank you for always supporting.
--------------------------------------
If you can do sideways by climbing in the range of 0.18934 to 0.19581, there is a possibility of an additional rise.
We need to check if we can rise above the 0.18934 point and get support.
If you can't climb above 0.18934, you're likely to touch below 0.16207.
A rebound may occur near the 0.17701 point, but is expected to touch below the 0.16207 point by those who want to preserve their profit or loss.
The long-term downtrend line (2) has declined frequently.
If we cross this downward trend line (2), we expect to create a new wave.
Let's see if we can cross the downward trend line (2) in the 0.18934~0.19581 section.
------------------------------------------------
** 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 the counter 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
[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/
