Detect change in trend (meaning of point 22.13)
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(SOLUSDT chart)
The decline is showing that the HA-High indicator on the 1W chart is about to fall and be created.
Therefore, it is necessary to check whether the HA-High indicator of the 1W chart is created at the point of 22.13.
If the HA-High indicator of the 1W chart is created at the point of 22.13, if it is supported around this area, it is expected to continue the mid- to long-term upward trend.
Accordingly, if support is confirmed around 19.49-22.13, it is time to buy.
However, since the first selling section is around 29.77, you need to think about countermeasures against this.
therefore,
1st: 19.49-22.13
2nd 29.77-33.39
In the first and second sections above, it can be seen that this corresponds to the split purchase section.
(1D chart)
The 24.54-46.85 section corresponds to the boundary section of the bottom section, so the rise may be limited in this section.
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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.
---------------------------------
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(SOLUSDT chart)
Therefore, it is necessary to check whether the HA-High indicator of the 1W chart is created at the point of 22.13.
If the HA-High indicator of the 1W chart is created at the point of 22.13, if it is supported around this area, it is expected to continue the mid- to long-term upward trend.
Accordingly, if support is confirmed around 19.49-22.13, it is time to buy.
However, since the first selling section is around 29.77, you need to think about countermeasures against this.
therefore,
1st: 19.49-22.13
2nd 29.77-33.39
In the first and second sections above, it can be seen that this corresponds to the split purchase section.
(1D chart)
-------------------------------------------------- -------------------------------------------
** 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.
---------------------------------
[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/
So, if we see support around 29.77, it's time to buy from a long-term perspective.
However, from a mid- to long-term perspective, if the price is maintained above 22.13, there is a possibility of continuing the upward trend.
Therefore, if it shows support around 19.49-22.13, it is a buying time from a mid- to long-term perspective.
In order to continue the upward trend on the 1D chart, that is, from a short-term perspective, it must rise above the HA-High indicator on the 1D chart.
Therefore, the question is whether it can rise above 26.32.
If price holds above the MS-Signal indicator on the 1D chart, I would expect a short-term uptrend.