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Lite Coin (LTC) - January 4

BINANCE:LTCUSDT   Litecoin / TetherUS
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You should watch for any movement that deviates from the 145.90-182.0 section.
If it falls at 145.90, it is a short-term Stop Loss.

We have to see what kind of movement comes out of the volatility around January 4th.
The next volatility period is around January 11th.

In the wRSI_SR indicator, the upper trend line and the downtrend line intersected, and the RS line and SR line broke above the intersection.
As such, it remains to be seen whether further uptrends could follow.

We need to see if the CCI line can touch the uptrend line and rise.

See if you can ascend more than 213.66 points with explosive power.

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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.
Hence, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** 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 or 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 or CME and BAKKT exchanges were closed because they are not trading 24 hours a day.
G1: Closed price
G2: Market price 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/
Disclaimer

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