The key is whether it can find support near 0.846 and rise

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(FETUSDT 1D chart)
istantanea
The M-Signal indicator on the 1M chart is abnormal, so the key is whether it can hold the price.

If the price is maintained above the M-Signal indicator on the 1M chart, it is highly likely that the upward trend will continue in the medium to long term.

Accordingly, we should check whether it can be supported and rise around 0.846.

If it fails to rise, the support range is expected to be around 0.424-0.534.

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When the rise begins,
1st: 1.194
2nd: 1.556
Responses are required depending on whether there is support around the 1st and 2nd above.

The 1.194 point corresponds to the support and resistance range in the candle arrangement.

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Thank you for reading to the end.
I hope you have a successful transaction.

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- ​​This is an explanation of the big picture.

(3-year bull market, 1-year bear market pattern)
3-year bull market, 1-year bear market pattern


I will explain more details when the bear market starts.

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