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Dear traders, nice to meet you.
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It has declined from the uptrend line (1), and most of the uptrend that began on March 13 was returned.
It remains to be seen if it can quickly rise above the uptrend line (1).
If it falls from 2.0706, it is likely to touch 1.6549 or less.
(Fibonacci retracement point indication 1D chart)
We'll have to see if we can get support from 2.0797-2.3331 and climb above the 2.84 point.
If you move down from the 2.0797 point, you're likely to touch below the 1.3193 point.
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(HITBTC XTZUSD 1W Chart)
We have to see if we can get support and climb in the critical section, 2.15156711-2.26900450.
If you decline from the 2.15156711 point, you are likely to touch below the 1.73723670 point.
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I think it is a period of volatility from September 21st to October 1st.
Therefore, I think careful trading is necessary.
** 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.
-------------------------------------------------- -----
It has declined from the uptrend line (1), and most of the uptrend that began on March 13 was returned.
It remains to be seen if it can quickly rise above the uptrend line (1).
If it falls from 2.0706, it is likely to touch 1.6549 or less.
(Fibonacci retracement point indication 1D chart)
If you move down from the 2.0797 point, you're likely to touch below the 1.3193 point.
-------------------------------------------------- -----
(HITBTC XTZUSD 1W Chart)
If you decline from the 2.15156711 point, you are likely to touch below the 1.73723670 point.
-------------------------------------------------- -------------------------------------------
I think it is a period of volatility from September 21st to October 1st.
Therefore, I think careful trading is necessary.
** 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.)
[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/
