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It is being sideways in the lower section of the 0.19581~0.20536 section of the box section, 1.19581~0.21548 section.
It is necessary to check if it can rise to the upper section of the box section from 0.20536 to 0.21548.
I think the key is whether you can touch the long-term downtrend line (2).
In order to create a new ascending wave, I think it must rise above the 0.25355 point, the most important point in the low 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: A resistance point or section where a countermeasure 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.
--------------------------------------
It is being sideways in the lower section of the 0.19581~0.20536 section of the box section, 1.19581~0.21548 section.
It is necessary to check if it can rise to the upper section of the box section from 0.20536 to 0.21548.
I think the key is whether you can touch the long-term downtrend line (2).
In order to create a new ascending wave, I think it must rise above the 0.25355 point, the most important point in the low 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: A resistance point or section where a countermeasure 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/
