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The 390.0 point is a very important point in the past.
We must see if we can ascend above the 390.0 point.
The 385.68 point represents a recent important point.
The rise above the 371.0 point gave rise to expectations of an uptrend, and we need to make sure we can get support at 385.68 so that we can continue the expectation of this upside.
As the volume decreased and increased, I think the day is approaching when the volume increases as it goes sideways and has to break through the 390.0 point.
If it doesn't, I think it's possible to touch again below the uptrend line (5).
You need to make sure you can get support at 385.68-390.0 over the weekend.
If you gain support above the 390.0 point and rise above the uptrend line (7), we think there is a chance that it will rise above the 502.66 point.
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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 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.
-------------------------------------------------- -----
The 390.0 point is a very important point in the past.
We must see if we can ascend above the 390.0 point.
The 385.68 point represents a recent important point.
The rise above the 371.0 point gave rise to expectations of an uptrend, and we need to make sure we can get support at 385.68 so that we can continue the expectation of this upside.
As the volume decreased and increased, I think the day is approaching when the volume increases as it goes sideways and has to break through the 390.0 point.
If it doesn't, I think it's possible to touch again below the uptrend line (5).
You need to make sure you can get support at 385.68-390.0 over the weekend.
If you gain support above the 390.0 point and rise above the uptrend line (7), we think there is a chance that it will rise above the 502.66 point.
-------------------------------------------------- -------------------------------------------
** 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/
