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(OCEANUSDT chart)
It looks dangerous because it is lowering the highs and lows, but since it is showing sideways movements above the lowest point, it is believed that it is conserving its strength.
The 0.3490-0.3954 section corresponds to the important volume profile section.
Therefore, the key is whether the price can be maintained by breaking upward through this section.
The HA-Low indicator on the 1D chart is formed at 0.3289.
Therefore, if support is confirmed around 0.3289, buying is possible.
However, it is a selling time when it touches the 0.3409-0.3954 range and shows a downward trend.
If it falls below the 0.3187-0.3289 range and receives resistance, a stop loss is necessary as there is a possibility of renewing the previous best low.
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** The trading volume indicator is displayed as a candle body based on 10EMA. Display method (in order of boldest) More than 3x 10EMA trading volume > 2.5x > 2.0x > 1.25x > trading volume below 10EMA
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
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