Support range: 0.814-0.949Hello traders!
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(XTZUSD chart)
In order for a full-fledged upward trend to begin, the key is whether it can rise above 1.338.
(1W chart)
To do so, we need to check whether we can break through the support and resistance range of 1.017-1.159.
However, since the volume profile section is formed from 1.631 to 2.088, the increase is likely to be limited.
(1D chart)
The key is whether it can receive support in the box range of 0.814-0.949 and rise beyond the 1.017-1.0601 range.
To continue the upward trend, it must break upward around 0.957, 1.127, 1314, and 1.556.
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
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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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