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(DOTUSDT 1W Chart)
Below 10.13 is likely to be a mid- to long-term investment area.
In particular, 7.16 and below are likely to be long-term investment areas.
Therefore, it is important to know whether it can move higher than 7.16.
(1D chart)
The contraction period of the Bollinger Bands (60) is short.
Therefore, a trend is expected to form in the near future.
It is expected that the period from the decline of 7.16 to the vicinity of 5.19 until it rises again to the vicinity of 7.16 is expected to be short.
Therefore, if you fail to overcome the psychological burden and make a stop loss when it leads to a further decline, there is a high possibility of a double loss.
Therefore, it is recommended to create room to buy when the price is falling.
The market can be very volatile if the BTC dominance declines while the BTC price is still in a downtrend.
It can be characterized by repeated short-term spikes and dips.
You need to think about whether you can't take advantage of it with your trading skills.
You should try to earn cash income by short-term trading coins (tokens) that you currently have or increase your holdings.
Otherwise, starting an investment in a new coin (token) may require a long period of time to turn into a profit even if the coin market turns upward as the dispersion of funds accelerates.
------------------------------------------------------------ -----------------------------------------------------
** 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 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 good day.
-------------------------------------
(DOTUSDT 1W Chart)
In particular, 7.16 and below are likely to be long-term investment areas.
Therefore, it is important to know whether it can move higher than 7.16.
(1D chart)
The contraction period of the Bollinger Bands (60) is short.
Therefore, a trend is expected to form in the near future.
It is expected that the period from the decline of 7.16 to the vicinity of 5.19 until it rises again to the vicinity of 7.16 is expected to be short.
Therefore, if you fail to overcome the psychological burden and make a stop loss when it leads to a further decline, there is a high possibility of a double loss.
Therefore, it is recommended to create room to buy when the price is falling.
The market can be very volatile if the BTC dominance declines while the BTC price is still in a downtrend.
It can be characterized by repeated short-term spikes and dips.
You need to think about whether you can't take advantage of it with your trading skills.
You should try to earn cash income by short-term trading coins (tokens) that you currently have or increase your holdings.
Otherwise, starting an investment in a new coin (token) may require a long period of time to turn into a profit even if the coin market turns upward as the dispersion of funds accelerates.
------------------------------------------------------------ -----------------------------------------------------
** 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 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/
