readCrypto

Tezos (XTZ) - August 17

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BINANCE:XTZUSDT   Tezos / TetherUS
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It remains to be seen if it can rise above the 4.526 point.

You also need to see if you can get support at the uptrend line (3).

With support at the volume profile point of 4.1057, the uptrend is expected to continue.

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Coin market volatility period (August 14-17).
Therefore, I think careful trading is necessary.
I think it is better to observe the flow rather than rushing to trade according to the price flow.
I think this is a time when only minimal trading is possible to preserve profit and loss.

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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 generating profit 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 must trade from a short-term investment perspective.)
Komentar:
(XTZUSDT 1h chart)
(UTC) You need to make sure you're getting support at 3.5378 after the time shown on the chart.
You also need to see if you can climb along the uptrend line.

[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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