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Polkadot (DOT) - June 1

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(DOTUSD 1D Chart)
You should watch for movement out of the 21.69076066-27.67149675 section.
In particular, we should see support at the 23.03314771 point and see if we can move higher.

If the maximum 10.15772403-23.03314771 section is supported by the volume profile section, we expect it to turn into an uptrend.

However, it is expected to turn into an uptrend only when it crosses the 27.67149675-30.66186462 section upward.

If it goes down, we should see if we can move up along the uptrend line.

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(DOTBTC 1D Chart)
We need to watch for movement out of the 58453 Satoshi-68173 Satoshi section.
In particular, it remains to be seen if it can rise above the 62755 Satoshi point.

If it falls from the 58453 Satoshi point, Stop Loss is required to preserve profit and loss.
However, it may follow an uptrend line, so you need to trade cautiously.

The 39108 Satoshi-58041 Satoshi section is an important volume profile section, so if it is supported, it is expected to continue the upward trend.

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We recommend that you trade with your average unit price.
This is because if the price is below your average unit price, whether it is in an upward trend or in a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.

The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.

Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.

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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, 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 disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** 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.

Explanation of abbreviations displayed in 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 section where you can buy to make a profit as a support point or section.

(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading.

GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)

[Example of exchange chart setup]

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

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