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(ETCUSDT 1D Chart)
Resistance: 36.26-47.10
As it fell below 36.26, it is showing a movement to enter the mid- to long-term investment area.
We need to see if we can find support in the 26.52-29.66 zone and move higher than 36.26.
The resistance section of 36.26-47.10 is the section that determines the trend.
Therefore, it is important to have support in the 36.26-47.10 section.
However, if there is movement within the uptrend channel formed by the mid- to long-term uptrend line, it is likely to move up.
It is recommended to proceed after confirming support at 36.26 or higher at the point where buying is possible.
------------------------------------------------------------ -----------------------------------------------------
** 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.)
---------------------------------
Traders, welcome.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(ETCUSDT 1D Chart)
Resistance: 36.26-47.10
As it fell below 36.26, it is showing a movement to enter the mid- to long-term investment area.
We need to see if we can find support in the 26.52-29.66 zone and move higher than 36.26.
The resistance section of 36.26-47.10 is the section that determines the trend.
Therefore, it is important to have support in the 36.26-47.10 section.
However, if there is movement within the uptrend channel formed by the mid- to long-term uptrend line, it is likely to move up.
It is recommended to proceed after confirming support at 36.26 or higher at the point where buying is possible.
------------------------------------------------------------ -----------------------------------------------------
** 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.)
---------------------------------
[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/
