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Polkadot (DOT) - May 18

BINANCE:DOTUSDT   DOT / TetherUS
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( DOTUSDT 1W Chart)
The key is whether you can get support and rise in the volume profile section formed in the section 9.26-10.13.

In order to continue the upward trend in the medium to long term, it should rise above the 18.42-19.37 section.


(1D chart)
Since 9.26-10.13 is a mid- to long-term investment area, careful trading is required.

Therefore, it is important to see support by moving above 13.64.

However, since a volume profile section is also formed around 19.37, it is expected that the upward trend can be continued only when it rises above 19.37.

Therefore, below the 19.37 point, you need to conduct a transaction by purchase unit price to increase the number of coins you have in a transaction method that increases the number of coins for profit.

If possible, we recommend making a full-fledged investment in Jinhae after confirming the support at 19.37.

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** 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.)

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