We need to see if we can get support at 54087.67 and get off the downtrend line.
If you break off the downtrend line and gain support at 54087.67-55811.30, you can expect further gains.
If you fall between 54087.67-55811.30, you need a short stop loss.
However, you need to trade carefully as you can go up by touching the 48199.13-50736.52 section or the uptrend line (5).
If you fall in the 38150.02-40586.96 section, you can touch the 30437.40-32974.79 section, so you need a Stop Loss to preserve profit or loss.
You have to see if the flow of section A is the same.
It remains to be seen if the center line can rise as the green buying trend of OBV in the volume indicator increases.
On the wRSI_SR indicator, it remains to be seen if the RS line rises above 20 and can turn into a short-term uptrend.
On the CCI-RC indicator, we must see if the CCI line and EMA line can intersect.
If you break off the downtrend line and gain support at 54087.67-55811.30, you can expect further gains.
If you fall between 54087.67-55811.30, you need a short stop loss.
However, you need to trade carefully as you can go up by touching the 48199.13-50736.52 section or the uptrend line (5).
If you fall in the 38150.02-40586.96 section, you can touch the 30437.40-32974.79 section, so you need a Stop Loss to preserve profit or loss.
You have to see if the flow of section A is the same.
It remains to be seen if the center line can rise as the green buying trend of OBV in the volume indicator increases.
On the wRSI_SR indicator, it remains to be seen if the RS line rises above 20 and can turn into a short-term uptrend.
On the CCI-RC indicator, we must see if the CCI line and EMA line can intersect.
[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/