readCrypto

Polkadot (DOT) - March 30

BINANCE:DOTUSDT   DOT / TetherUS
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** The BTC market chart for altcoins will not be published for the time being as the BTC price appears to be turning upward.

(DOTUSDT 1W Chart)
To convert to an uptrend, it must rise to section 1 (24.82-27.57).

Therefore, it may temporarily touch near 19.33 and may move higher, so you need to trade cautiously.


(1D chart)
Attempting to break through the M-Signal line of the 1W chart.

Therefore, it is likely to rock up and down, so you need to trade cautiously.


Section 1 (24.82-27.57) is an important section that determines the trend.

Since a high point is formed within section 1, resistance is expected to be strong.


(buy)
- After confirming that it was supported at 19.33 or higher by falling due to a sudden movement
- After confirming that it is supported at 25.07 or higher

(Stop Loss)
There are many indicators passing through section 2 (at least 17.69-19.33), so it is likely to find strong support.
So, you should check the movement when you fall within this range.

(Sell)
- When falling after receiving resistance near the 35.81-36.76 section
- When falling after receiving resistance in the 44.05-48.80 section

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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 convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** 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.)
** 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/
Disclaimer

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