Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(ETHUSD 1M chart)
(1W chart)
(1D chart)
You should watch for any movement that deviates from the 3270.26-4121.47 section.
If it falls, we need to get support at 3524.70 and see if it can move up along the uptrend line.
If you move down at 3117.43, you need a short stop loss.
However, it may rise along the uptrend line, so careful trading is necessary.
If it falls from 1914.77, you need Stop Loss to preserve profit and loss.
However, you can touch the 1612.0 point and go up, so you need to trade carefully.
If it goes up to 4121.47-4322.08, it is expected to determine its direction again.
----------------------------------------
(ETHBTC 1M chart)
(1W chart)
We must see if it can rise above the 0.080118 point.
(1D chart)
We must see if we can ascend above 0.068951 point.
If it falls, you need to make sure you get support in the 0.060354-0.062503 range.
If it falls from the 0.053586 point, a short stop loss is required.
However, unless it falls below the downtrend line, it is expected to rise.
----------------------------------------
(ETH Dominance (ETH.D) 1M chart)
(1W chart)
(1D chart)
I think that the rise in ETH dominance led to the rise of the coin market.
We'll have to see if we can rise above the 19.16 point for support.
The next volatility period is around May 14th.
If the ETH dominance rises above 21.37 points, the coin market is expected to become a huge bull market.
If it falls, you should touch the downtrend line (2) and go up.
--------------------------------------
It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional 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 that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(ETHUSD 1M chart)
(1W chart)
(1D chart)
You should watch for any movement that deviates from the 3270.26-4121.47 section.
If it falls, we need to get support at 3524.70 and see if it can move up along the uptrend line.
If you move down at 3117.43, you need a short stop loss.
However, it may rise along the uptrend line, so careful trading is necessary.
If it falls from 1914.77, you need Stop Loss to preserve profit and loss.
However, you can touch the 1612.0 point and go up, so you need to trade carefully.
If it goes up to 4121.47-4322.08, it is expected to determine its direction again.
----------------------------------------
(ETHBTC 1M chart)
(1W chart)
(1D chart)
If it falls, you need to make sure you get support in the 0.060354-0.062503 range.
If it falls from the 0.053586 point, a short stop loss is required.
However, unless it falls below the downtrend line, it is expected to rise.
----------------------------------------
(ETH Dominance (ETH.D) 1M chart)
(1W chart)
(1D chart)
We'll have to see if we can rise above the 19.16 point for support.
The next volatility period is around May 14th.
If the ETH dominance rises above 21.37 points, the coin market is expected to become a huge bull market.
If it falls, you should touch the downtrend line (2) and go up.
--------------------------------------
It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional 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 that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
[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/
