The 0.1765-0.1968 section is the first diverging section
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(IOTAUSDT chart)
(1D chart)
Could the current be the last low point of this time?
This can only be known in the past.
Therefore, rather than worrying about such things, it is necessary to focus on determining the timing of short-term buying by checking whether there is support or resistance at any point or section.
In that sense, the 0.1765 point is an important support and resistance point.
Therefore, the key is whether the price can sustain the price increase above the 0.1765-0.1968 range.
To do so, it is important to be able to hold the price up until it rises above 0.1592 and the MS-Signal indicator turns into a bullish sign.
When this happens, it's time to start short-term trading.
Depending on whether this short-term trade rises above the 0.1765-0.1968 range or not, you need to decide whether to get a cash profit or leave the number of coins (tokens) corresponding to the profit to have the power to continue trading.
It takes a lot of time to turn into a full-fledged uptrend, so it's tedious and exhausting to keep increasing your holdings until then.
However, if you increase the number of coins (tokens) you have for profit, you will eventually be able to get a big profit.
Whether it's worth taking IOTA into mid- to long-term trading that way is up to you.
FYI, the current coin market is still far from the real world.
Therefore, the real world, that is, whether or not there is business value, should not be used to determine the value of a coin.
Whether or not the current coin is worth investing in is based on the number of users, that is, whether or not there is community power.
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(IOTAKRW chart)
(1D chart)
It needs to rise above 329 to turn into an uptrend.
To do so, it needs to show a rise above 217 to hold the price.
Based on the current trend, whether it can rise above the 217-283 zone will determine whether a trend reversal will begin or whether the cascade will continue.
Therefore, in order to start trading IOTA, when it shows support around 217, I think it's when the MS-Signal indicator turns into a rising sign and shows support and rising.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** The trading volume indicator is displayed as a candle body based on 10EMA.
Display method (in order of boldest)
More than 3x 10EMA trading volume > 2.5x > 2.0x > 1.25x > trading volume below 10EMA
** 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.
---------------------------------
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(IOTAUSDT chart)
(1D chart)
This can only be known in the past.
Therefore, rather than worrying about such things, it is necessary to focus on determining the timing of short-term buying by checking whether there is support or resistance at any point or section.
In that sense, the 0.1765 point is an important support and resistance point.
Therefore, the key is whether the price can sustain the price increase above the 0.1765-0.1968 range.
To do so, it is important to be able to hold the price up until it rises above 0.1592 and the MS-Signal indicator turns into a bullish sign.
When this happens, it's time to start short-term trading.
Depending on whether this short-term trade rises above the 0.1765-0.1968 range or not, you need to decide whether to get a cash profit or leave the number of coins (tokens) corresponding to the profit to have the power to continue trading.
It takes a lot of time to turn into a full-fledged uptrend, so it's tedious and exhausting to keep increasing your holdings until then.
However, if you increase the number of coins (tokens) you have for profit, you will eventually be able to get a big profit.
Whether it's worth taking IOTA into mid- to long-term trading that way is up to you.
FYI, the current coin market is still far from the real world.
Therefore, the real world, that is, whether or not there is business value, should not be used to determine the value of a coin.
Whether or not the current coin is worth investing in is based on the number of users, that is, whether or not there is community power.
-----------------------------------------------
(IOTAKRW chart)
(1D chart)
To do so, it needs to show a rise above 217 to hold the price.
Based on the current trend, whether it can rise above the 217-283 zone will determine whether a trend reversal will begin or whether the cascade will continue.
Therefore, in order to start trading IOTA, when it shows support around 217, I think it's when the MS-Signal indicator turns into a rising sign and shows support and rising.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** The trading volume indicator is displayed as a candle body based on 10EMA.
Display method (in order of boldest)
More than 3x 10EMA trading volume > 2.5x > 2.0x > 1.25x > trading volume below 10EMA
** 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.
---------------------------------
[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/
