It touched above the 60904.0 point, but fell without receiving support.
However, it makes sense that it is off the short-term downtrend line.
If you get support above the 58464.0 point, we're expecting an attempt to climb above the 60904.0 point in the near future.
If it falls, we need to touch the short-term downtrend line and see if it can rise.
If it falls in the 55828.0 section, a short Stop Loss is required.
However, you need to trade carefully as you can move up after touching the 48214.0-50752.0 section or the uptrend line (1).
If it falls from the 45211.0 point, a Stop Loss is required to preserve profit and loss.
However, you need to trade carefully as you can touch the uptrend line (8) and rebound.
However, it makes sense that it is off the short-term downtrend line.
If you get support above the 58464.0 point, we're expecting an attempt to climb above the 60904.0 point in the near future.
If it falls, we need to touch the short-term downtrend line and see if it can rise.
If it falls in the 55828.0 section, a short Stop Loss is required.
However, you need to trade carefully as you can move up after touching the 48214.0-50752.0 section or the uptrend line (1).
If it falls from the 45211.0 point, a Stop Loss is required to preserve profit and loss.
However, you need to trade carefully as you can touch the uptrend line (8) and rebound.
[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/