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Hedera Hashgraph (HBAR) - July 24

BINANCE:HBARUSD   Hedera Hashgraph
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(HBARUSD 1W Chart)
As the support zone is weak, we can only hope to maintain the price above the 0.16519911 point to continue the uptrend.


(1D chart)
If the price is maintained in the 0.14056436-0.20581091 range, it is expected to turn into an uptrend.

A move below the 0.16519911 point should check for support at the 0.10794109-0.14056436 range.

To accelerate the uptrend, you need to break out of the downtrend line.
Specifically, it should rise above the 0.30368073 point.

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(HBARBTC 1W chart)
If the price is maintained above the 320 Satoshi-398 Satoshi range, it is expected to continue the upward trend.


(1D chart)
It remains to be seen if the 514 Satoshi-566 Satoshi section can support and rise.

If it falls from the 514 Satoshi point, Stop Loss is required to preserve profit and loss.
However, as long as it does not fall below the downtrend line, it is expected to rise, so you should be prepared for this.

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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.

The center of all trading starts with the average unit price at which 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 investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.

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** 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 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.)
** See support, resistance, and abbreviation points.
** 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.

Explanation of abbreviations displayed in 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 section where you can buy to make a profit as a support point or section.

(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.)

GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)

[Example of exchange chart setup]

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

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

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