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It was expected to turn to a downtrend by falling below the 15.2106 point, but since it is supported at the 13.8104 point, I think that expectations for an uptrend can still continue.
It remains to be seen if it can rise above the 15.2106-15.4438 range over the weekend to gain support.
It remains to be seen if it can rise above the uptrend line (1) that has been generated so far and can gain support.
If it falls from 13.8104, it is expected that there will be difficulties in gaining support in the 12.705-12.9971 range.
Accordingly, when it falls at 13.8104 point, I think it is necessary to trade to preserve profit and 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 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.
-------------------------------------------------- -----
It was expected to turn to a downtrend by falling below the 15.2106 point, but since it is supported at the 13.8104 point, I think that expectations for an uptrend can still continue.
It remains to be seen if it can rise above the 15.2106-15.4438 range over the weekend to gain support.
It remains to be seen if it can rise above the uptrend line (1) that has been generated so far and can gain support.
If it falls from 13.8104, it is expected that there will be difficulties in gaining support in the 12.705-12.9971 range.
Accordingly, when it falls at 13.8104 point, I think it is necessary to trade to preserve profit and 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 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/
You also need to see if you can get support at 16.7729 point, the uptrend line (1).