Next period of volatility : around August 2-12
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(OPUSDT chart)
Around 1.660, the M-Signal indicator on the 1W chart and the 150 EMA are passing.
So, the question is whether it can sustain the price by moving above 1.660.
Looking at the 1W chart, we can see that it is out of a downtrend.
So, if the price holds above 1.442, I expect it to rise.
Looking at the big picture, you can see that there are three support and resistance zones.
If it rises above 1.660, you should check whether it finds support or resistance in the 1.828-2.045 area.
The next period of volatility is expected to start around August 2nd.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(OPUSDT chart)
Around 1.660, the M-Signal indicator on the 1W chart and the 150 EMA are passing.
So, the question is whether it can sustain the price by moving above 1.660.
Looking at the 1W chart, we can see that it is out of a downtrend.
So, if the price holds above 1.442, I expect it to rise.
Looking at the big picture, you can see that there are three support and resistance zones.
If it rises above 1.660, you should check whether it finds support or resistance in the 1.828-2.045 area.
The next period of volatility is expected to start around August 2nd.
---------------------------------------------------------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
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