readCrypto

Volatility Period: Around October 13th

readCrypto Mod Updated   
BINANCE:SOLUSDT   SOL / TetherUS
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(SOLUSDT chart)
The key is whether the price can be maintained by rising above 24.21.

If not, you should check for support around 14.45.

From a long-term perspective, the volume profile area is formed around 4.2525, so this area is a strong support area.

(1D chart)
If you look at the entire chart, you can see that the support and resistance points are not well formed.

Therefore, I think it is a coin (token) that can fluctuate sharply at any time.

The HA-High indicator is falling, showing a stepwise decline.

Accordingly, if the price cannot be maintained by rising above 22.63 quickly, it is expected to touch near the bottom of the rising channel.


Therefore, it is necessary to check whether there is support or resistance at any point or section between October 12th and 14th.

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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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Comment:
(SOLUSDT.P chart)
On the 1M chart, a volume profile section is forming around 38.372.

Accordingly, if the price remains above 38.372, it is expected to continue its upward trend.
Comment:
If it receives support around 38.62-43.50 and rises, it is expected to rise sharply.
Comment:
#SOLUSDT #SOL
If the price holds above 54.59,
1st round: 82.62-108.14
2nd round: 118.48-129.19

[Example of exchange chart setup]

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

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