readCrypto

Klaytn (KLAY) - August 24

BINANCE:KLAYUSDT   KLAY / TetherUS
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(KLAYUSDT 1W Chart)
The RSI indicator is entering an oversold zone, but the Stoch RSI is entering an overbought zone.

Therefore, the movement of KLAY is expected to be mixed.


The key to this move is whether it can move higher than 0.3190.



(1D chart)
To maintain the uptrend, it must rise above the HA-High indicator.

Therefore, it is expected to turn into an uptrend only when it rises above 0.2970 from the current movement.


The 0.2320-0.2640 section is a section formed by the HA-Low indicator, so if it is supported and rises in this section, it is highly likely to lead to an additional rise.

Therefore, the 0.2320-0.2640 interval is the buying interval.

However, as mentioned in the 1W chart, a rise above 0.3190 is an important key, so trade with caution.

Therefore, it is recommended to invest enough money that psychological fluctuations are not severe even if the price drops sharply as an aggressive purchase.


KLAY is a coin that is expanding the coin ecosystem.

However, it seems that the overload of the blockchain network still exists, so it is good to see if these problems are resolved in a long-term investment.

The transaction method of coins (tokens) with various problems should be used to increase the number of coins (tokens) held while recovering the purchase funds as much as possible.

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** All descriptions are for reference only and do not guarantee a profit or loss in investment.

** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.

** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.

** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)

(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.)

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[Example of exchange chart setup]

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

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