readCrypto

Polkadot (DOT) - April 1

Hello?
Dear traders, nice to meet you.

By "following" you can always get new information quickly.
Please also ask for the "Like" clock.
Have a nice day.

----------------------------------

We have to see if we can get support and ascend at 37.03386624.

If it falls, you need to make sure you get support at 33.86828748-34.95353422.

If you fall in the 33.86828748-34.95353422 section, you will need a short stop loss.
However, it may rise along the uptrend line, so careful trading is necessary.


In the CCI-RC indicator, it remains to be seen whether the CCI line can break above the EMA line.

----------------------------------------

(DOTBTC 1D chart)
We have to see if we can get support at 0.00061311 and climb above 0.00068173.

If it falls in the range of 0.00055736-0.00058041, Stop Loss is required to preserve profit and loss.

If the price is maintained above the 0.00061311 point, it is expected to continue the upward trend.

-------------------------------------------------- -------------------------------------------

** All indicators are lagging indicators.
So, you need to be aware that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Hence, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.

Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment

(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.

GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)

[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.