readCrypto

Chainlink (LINK) - February 9

readCrypto Mod Updated   
BINANCE:LINKUSD   ChainLink
Hello?
Traders, welcome.

If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.

-------------------------------------

(LINKUSD 1W Chart)
Above the 9.8711250 point: the uptrend expected to continue.

Above 14.9592563 point: Expected to create a new wave.


It needs to rise at least 20.7294 159 points to turn into an uptrend.

However, in order to continue the uptrend, it must break out of the downtrend line.

In the CCI-RC indicator, it is expected that the upward trend will accelerate when the CCI line rises above the +100 point and above the EMA line.

-------------------------------------

(LINKBTC 1W Chart)
Above 0.0002 195-0.0002 757 section: expected to continue upward trend

0.0003 Above 950 points: Expected to create a new wave.


It must rise above the 0.0004 674 point to turn into an uptrend.

------------------------------------------

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 the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.

------------------------------------------------------------ -----------------------------------------------------

** 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 MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** 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.)
** 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.

(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.)

---------------------------------
Comment:

[Example of exchange chart setup]

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

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

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.