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Klaytn (KLAY) - June 10

BITTREX:KLAYUSD   None
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(KLAYUSD 1W Chart)
To sustain the uptrend, we need to see if we can sustain the price above the 1.69028516 point.

If it moves along the uptrend line (1), it is expected to continue the uptrend.

(1D chart)
It remains to be seen if the 1.33936291-1.68275011 zone can find support and move above the 1.82382257 point.

If it falls below the uptrend line (1), it may touch the 0.66282760 point, so trade cautiously.

If support is found at the 1.82382257 point, I would expect a consolidation to turn into an uptrend.
For the uptrend to accelerate, it needs to break out of the two downtrend lines.

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(KLAYBTC 1W Chart)
We need to see if the price can sustain above the 3647 satoshi point to create a new wave.

If it declines from the 2851 Satoji point, the downtrend is expected to accelerate, so trade cautiously.

It remains to be seen if there can be a sideways movement in the 2851 Satoshi-4925 Satoshi section.

(1D chart)
It remains to be seen if the 2659 Satoshi-3105 Satoshi section can support and rise.

If it falls from the 2659 satoshi point, it can touch the 1320 satoshi point, so you need to trade carefully.

To convert into an uptrend, you need to break out of the downtrend line.

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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 it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to 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 the 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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