readCrypto

1.828-2.045 is the support and resistance range

BINANCE:OPUSDT   OP / TetherUS
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(OPUSDT chart)
Among the coins (tokens) that are expanding the coin ecosystem introduced previously, it is the only coin (token) that is showing an upward trend.

(1M chart)
Very little can be learned from the 1M charts as the charts have not yet been properly created.

However, you can see that the Heikin Ashi candle has turned into a bullish sign.


(1W chart)
It is a matter of being able to keep the price above the MS-Signal indicator.

If not, you should check if the price holds above 1.442.


The 1.442 point corresponds to the HA-Low indicator point, so if you bought around this area, the first selling section is around the HA-High indicator.

Therefore, the HA-High indicator is currently created at the 2.498 point, so there is a possibility of a rise up to around 2.498.

However, it is likely that a new HA-High indicator will be created as the real price rises.

If the HA-High indicator is newly created, the area around it corresponds to the first selling zone.


(1D chart)
I think there are three major sections of support and resistance.
1st: 2.498-2.932
2nd: 1.828-2.045
3rd: 0.919-1.129

Currently touching the 3rd section and ascending to the 2nd section.

Therefore, if you bought in the 3rd segment, the 2nd segment corresponds to the selling segment.


If not, it is possible to buy when support is confirmed in the 2nd section and sell in the 3rd section.


OP belongs to the category that is expanding the coin ecosystem, but corresponds to a coin (token) that has just been created.

Therefore, in order to trade over the medium term, it is necessary to increase the number of coins (tokens) corresponding to profit.

You need to be careful because buying at a blind and low price and waiting unconditionally for the price to rise can tire people out.

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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.

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