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It is breaking above the 0.25355 point.
We must see if we can ascend above 0.263 points.
If it falls, you need to make sure you get support at 0.25355.
It remains to be seen if volatility around November 12th (November 11th-13th) could lead to a movement that deviates from the 0.25355-downtrend line (4).
In order to change the trend, it must rise to 0.2745-0.28266.
It remains to be seen if the SR breaks above the downtrend line drawn on the wRSI_SR indicator and can rise.
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** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You should trade from a short-term investment perspective.)
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
It is breaking above the 0.25355 point.
We must see if we can ascend above 0.263 points.
If it falls, you need to make sure you get support at 0.25355.
It remains to be seen if volatility around November 12th (November 11th-13th) could lead to a movement that deviates from the 0.25355-downtrend line (4).
In order to change the trend, it must rise to 0.2745-0.28266.
It remains to be seen if the SR breaks above the downtrend line drawn on the wRSI_SR indicator and can rise.
-------------------------------------------------- -------------------------------------------
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You should trade from a short-term investment perspective.)
[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/
We have to see if we can get support above 0.25355 by around November 12th.
The most important thing in your current position is whether you can get support above the 0.25355 point.
Next is whether it can rise above the downtrend line (4).
The response is expected to be seen in the volatility around November 12th.