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(ADAUSDT 1W Chart)
It needs to rise above 1.0520 to break out of the downtrend.
The 1.0520-1.3190 section is an important support and resistance section to create a new wave.
Therefore, I think a large volume is needed to break through the 1.0520-1.3190 range.
(1D chart)
If it moves above 0.6611 and finds support, I would expect a reversal to the uptrend.
However, in order to break through the resistance zone formed over the 0.9330-1.3190 zone, I think a lot of trading volume should be generated.
Accordingly, there is a possibility of a consolidation in the 0.6611-0.9330 section.
Therefore, you need to trade to increase your holdings in the 0.6611-09330 section.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
Traders, welcome.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(ADAUSDT 1W Chart)
The 1.0520-1.3190 section is an important support and resistance section to create a new wave.
Therefore, I think a large volume is needed to break through the 1.0520-1.3190 range.
(1D chart)
If it moves above 0.6611 and finds support, I would expect a reversal to the uptrend.
However, in order to break through the resistance zone formed over the 0.9330-1.3190 zone, I think a lot of trading volume should be generated.
Accordingly, there is a possibility of a consolidation in the 0.6611-0.9330 section.
Therefore, you need to trade to increase your holdings in the 0.6611-09330 section.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
[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/
