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IOTA (MIOTA) - April 19

BINANCE:IOTAUSD   IOTA
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(IOTAUSD 1W chart)

(1D chart)
You should watch for any movement that deviates from the 2.18657391-2.41735783 section.

If you go down at 2.03351702, you need a short stop loss.
However, it may rise along the uptrend line, so careful trading is necessary.

It remains to be seen if the uptrend can continue, breaking above the critical point of 2.49603989.

The next volatility period is around April 23rd.

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(IOTABTC 1D chart)
We must see if we can rise above the 4221 Satoshi point and gain support.

If it falls, it remains to be seen if it can gain support at the 3555 Satoshi spot and move up along the uptrend line.

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** 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 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/
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