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(MBT1! 1D chart)
The prerequisite for the previous ATH to rise above is that the OBV must rise above the High Line and remain there.
Accordingly, the key is whether it can be supported and rise near 106775.
If it fails to rise, it is likely to fall to the 96600-101495 area.
The 96600-101495 area is an important support and resistance area for continuing the uptrend.
Therefore, if it falls in the 96600-101495 area, it is likely to fall sharply.
If it falls,
1st: Around 89745
2nd: M-Signal indicator on the 1M chart or 74105-79025
You should check for support near the 1st and 2nd areas above.
Therefore, the 96600-101495 area can be seen as an important support and resistance area.
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(30m chart)
It played the role of support and resistance by touching the area around 105385 several times.
It is expected to determine the trend again when it meets the M-Signal indicator on the 1D chart.
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Thank you for reading to the end.
I hope you have a successful trade.
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- Here is an explanation of the big picture.
(3-year bull market, 1-year bear market pattern)
I will explain the details again when the bear market starts.
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Other content (coins, stocks, etc.) is frequently posted on X.
X에 다른 내용(코인, 주식 등)이 자주 게시.
◆ t.me/readCryptoChannel
[HA-MS Indicator]
bit.ly/3YxHgvN
[OBV Indicator]
bit.ly/4dcyny3
X에 다른 내용(코인, 주식 등)이 자주 게시.
◆ t.me/readCryptoChannel
[HA-MS Indicator]
bit.ly/3YxHgvN
[OBV Indicator]
bit.ly/4dcyny3
Related publications
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.
Other content (coins, stocks, etc.) is frequently posted on X.
X에 다른 내용(코인, 주식 등)이 자주 게시.
◆ t.me/readCryptoChannel
[HA-MS Indicator]
bit.ly/3YxHgvN
[OBV Indicator]
bit.ly/4dcyny3
X에 다른 내용(코인, 주식 등)이 자주 게시.
◆ t.me/readCryptoChannel
[HA-MS Indicator]
bit.ly/3YxHgvN
[OBV Indicator]
bit.ly/4dcyny3
Related publications
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.