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A rise above 0.7778 is expected for a change in trend

BINANCE:MATICUSDT   MATIC Network / TetherUS
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(MATICUSDT chart)
The HA-Low indicator on the 1W chart is about to form at the 0.7192 point.

Accordingly, when the HA-Low indicator on the 1W chart is created at the 0.7192 point, the key is whether it can be supported and rise around 0.7192.


However, since the 1M chart's HA-Low indicator was not created, you need to check whether the 1M chart's HA-Low indicator is created or supported around 0.7778.

If it doesn't, it's because it's likely to stay on the downtrend.


Therefore, it is necessary to check whether it is supported and rises in the 0.7192-0.7778 section.

If not, you should check if you can get support in the 0.6348-0.7192 interval.


As it maintains an uptrend while breaking through the HA-Low indicator on the 1D chart upwards.
1st: 0.7778
2nd: 0.08647-0.9059
Split selling is possible when resistance is received near the 1st and 2nd above.


The next period of volatility is around July 13th.


The CCI indicator is entering the oversold zone.

Therefore, when exiting an oversold zone, you need to check which point or zone is supported or resisted.

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** All descriptions are for reference only and do not guarantee profit or loss in investment.

** Even if you know other people's know-how, it takes a considerable period of time to make it your own.

** This is a chart created with my know-how.

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[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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