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It was supported at 0.13432800 and moved up, following the upward trend line (4)
It remains to be seen if the uptrend can continue along the uptrend line (4).
The 0.13432800-0.17047300 section is an important section, and I think it is good to sideways to create a new wave.
Since new waves are not created in a short period of time, the Sideways period is essential.
If it falls at 0.13432800, it is a short-term Stop 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 profit generation 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 should 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 was supported at 0.13432800 and moved up, following the upward trend line (4)
It remains to be seen if the uptrend can continue along the uptrend line (4).
The 0.13432800-0.17047300 section is an important section, and I think it is good to sideways to create a new wave.
Since new waves are not created in a short period of time, the Sideways period is essential.
If it falls at 0.13432800, it is a short-term Stop 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 profit generation 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 should 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/