0.02002-0.02122: Short-term uptrend beginsHello?
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(ANKRUSDT chart)
(1M charts)
The key is whether it can rise above 0.02761.
(1W chart)
You can see how important the current price position, that is, around 0.01915, is the support and resistance zone.
However, even if the price rises, there is a huge resistance area, so it appears that it will take time for it to be seen as a significant rise.
The key is whether it can receive support within the box section at the current position and rise above 0.02885.
If not, it may fall to around 0.01092, so you need to think about a countermeasure.
(1D chart)
The support and resistance zones formed at the current price position are
- 0.001636
- 0.03776-0.04771
Same as above.
Therefore, the key is whether it can receive support in the 0.01814-0.01901 range or higher and rise above 0.02122.
If not, there is a possibility that it may fall below 0.01575, so a countermeasure is needed.
If it shows support around 0.01901 this time, it is expected to turn into a short-term upward trend.
However, it is expected that there will be another support and resistance test by rising above 0.02122.
When the test is over and the rise begins,
1st: 0.02680-0.02776
2nd: 0.03776
It is expected to rise to around the 1st and 2nd levels above.
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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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