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By touching more than 4.8671 points, I reached the highest point I can see on the current chart.
I don't think we can predict the coins in the New High position.
However, I think it is possible to present a stop loss to preserve profit or loss.
Three S-Ls are marked on the chart.
Most importantly, is it possible to get support on the uptrend line (1)?
Therefore, if you fall on the uptrend line (1), I think you need trading to preserve your profit or 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 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 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.
--------------------------------------
By touching more than 4.8671 points, I reached the highest point I can see on the current chart.
I don't think we can predict the coins in the New High position.
However, I think it is possible to present a stop loss to preserve profit or loss.
Three S-Ls are marked on the chart.
Most importantly, is it possible to get support on the uptrend line (1)?
Therefore, if you fall on the uptrend line (1), I think you need trading to preserve your profit or loss.
-------------------------------------------------- -----------------------
** 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 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/
If you confirm that you are supported in the 7.2732~7.6697 section and break above the 7.6697 point, I think it is a short-term entry time.
If you are unfamiliar with short term trading, we recommend that you do not enter.
There is a possibility of falling to the 5.7029~6.0044 section.
At this time, if it is confirmed that support is supported and it rises by breaking the 6.0044 point, I think it is time to enter.