readCrypto

The key is whether it can rise above 0.05111

BINANCE:ROSEUSDT   ROSE / TetherUS
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(ROSEUSDT chart)

(1W chart)
An important volume profile section is formed around 0.05111.

Therefore, a trend is expected to be formed by breaking away from the currently formed box range of 0.05238-0.09549.


(1D chart)
Looking at the overall chart at the moment, we can see that there are very few significant support and resistance points.

Accordingly, I think it is one of the coins (tokens) that is likely to show rapid volatility at any time.


However, if the price is maintained above 0.03953, it is likely to show an upward movement to around 0.05313.


If it falls below 0.03953, you may need to hold it for quite a long time, so if possible, we recommend not trading.

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

** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA

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

** This chart was created using 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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