readCrypto

Above 0.07679: Expected to create a new upward wave

BINANCE:TRXUSDT   TRON / TetherUS
Hello?
Hello traders!

If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.

-------------------------------------

Since we operate a stablecoin based on TRX, a drop in price can be a very dangerous warning.

Accordingly, it is one of the coins (tokens) that must be certain about how profits will be realized during trading.

In that sense, if it falls below 0.05378, it is necessary to check the movement of the stable coin (USDD).


(TRXUSDT chart)
If the price remains above 0.07679, it is expected to create a new wave.

(1W chart)
It is necessary to check whether the price can be maintained above 0.07725 and rise above 0.11964.


(1D chart)

Since it has fallen from a rising channel, I think it is highly likely that the current trend will continue until a new trend is created.

Since the StochRSI indicator is currently in the oversold zone, it is necessary to check at which point or zone it receives support or resistance when it leaves the oversold zone.

Accordingly, it is necessary to check whether it can quickly rise above 0.08867 or be supported around 0.08177.

-------------------------------------------------- -------------------------------------------

** 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.

---------------------------------

[Example of exchange chart setup]

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

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

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.