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Polkadot (DOT) - April 19

BINANCE:DOTUSDT   DOT / TetherUS
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(DOTUSDT 1W Chart)
Resistance: around 19.37

1st support: around 13.64
2nd support: around 9.26

If it rises above 19.37, it is expected to create a new wave.



(1D chart)
(buy)
- After confirming the support in the section 17.69-19.37
- If possible, it's good to see support in 19.37.

(Stop Loss)
- When it falls below 16.16

(Sell)
- When receiving resistance near 25.07
- When resistance is received in the section 33.80-36.76


Several indicators are set in the section 17.69-19.37.

As such, I think it is a section that will play the role of support and resistance well.

Therefore, it is important to find support or resistance in the 17.69-19.37 section.

If it rises above 36.76, we expect a full-fledged uptrend to continue.

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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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[Example of exchange chart setup]

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

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