The key is whether it can be supported at 21673.4

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Important factors when analyzing charts are
- Support and resistance points
- StochRSI indicator
If you have the above two factors, I think you can analyze the charts quickly and briefly.

Support and resistance points should be drawn on 1M, 1W, and 1D charts.

You can analyze the chart by checking whether the line drawn in this way is supported or not while referring to the movement of the StochRSI indicator on the 1D chart.

The 21673.4-22013.5 section, which is indicated as a high point boundary section, is likely to act as resistance.

However, since the StochRSI indicator has entered the overbought zone, it is important to see if it can break through the high point boundary zone upward.

In other words, we can see that the high point boundary zone is more likely to act as resistance.

The volatility period is expected to occur around January 29.

Therefore, in order to maintain an upward trend, it must show support at the high point boundary zone after the volatility period.

If not, it will eventually fall.

At this time, what we should pay attention to is the movement of the StochRSI indicator.

The longer the StochRSI indicator remains in the overbought zone, the more likely it is that the StochRSI indicator will show a large decline if there is a slight price decline.

When the StochRSI indicator falls to or below the 50 point, if it shows support at around 21673.4, it is highly likely that it will show an upward trend by breaking through the high point boundary zone upward.

To maintain the current short-term uptrend, the price needs to stay above 21068.2-21321.9.

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The settings for the StochRSI indicator are 14, 7, 3, 3 (RSI, Stoch, K, D).

The source value is ohlc4.

With these settings, you can see the movement similar to the StochRSI indicator on my chart.

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Thank you for reading to the end.
I hope you have a successful trade.

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