We will look at the short and medium term.
Added ERDBTC chart.
It is just noticeable.
That's the letter 'U'.
Finally, the movement to complete the 'U' is expected.
On the way to completing the 'U' mentioned in the ERDBTC chart, it was out of the downtrend line.
You should check whether you will gain support at 0.0019408 around December 3, or whether you will rise at the point where the downward and upward trend lines meet around December 13.
It is possible to buy in the short term, but I think it is better to buy when the price is supported and rises at the 0.0019408 point.
Set your short-term target to 0.0035900, and if you fall from 0.0027654, change your target to see profit.
Added ERDBTC chart.
It is just noticeable.
That's the letter 'U'.
Finally, the movement to complete the 'U' is expected.
On the way to completing the 'U' mentioned in the ERDBTC chart, it was out of the downtrend line.
You should check whether you will gain support at 0.0019408 around December 3, or whether you will rise at the point where the downward and upward trend lines meet around December 13.
It is possible to buy in the short term, but I think it is better to buy when the price is supported and rises at the 0.0019408 point.
Set your short-term target to 0.0035900, and if you fall from 0.0027654, change your target to see profit.
[Example of exchange chart setup]
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
