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(STMXUSDT chart)
(1M chart) The key is whether it can find support above 0.005660 and rise above the MS-Signal indicator.
(1W chart) Therefore, if it rises above 0.007740 and shows support, it is a buying time from a mid- to long-term perspective.
(1D chart) From a short-term perspective, there is an uptrend as the price is holding above the HA-High indicator on the 1D chart.
However, if you refer to the explanations of the 1M chart and 1W chart, the important point is whether it can rise with support in the 0.005660-0.007740 range.
If supported and raised in this way, 1st: 0.012750 2nd: 0.019146-0.020898 The area around the 1st and 2nd above corresponds to the split selling section.
Therefore, it is recommended to proceed with buying when the HA-Low indicator or HA-High indicator on the 1D chart is newly created and shows support from the indicator.
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There are a few coins (tokens) that are showing a lot of uptrend that I feel like I won't have a chance to buy unless I buy them right now.
However, if you look closely at support and resistance points, there are only a handful of coins (tokens) that break through significant support and resistance points upwards.
Therefore, you need to be very careful when trading coins (tokens) that are currently skyrocketing.
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