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Because the wave is not complete, the support and resistance points are weak.
Accordingly, please refer only to the flow level.
(SOLUSD 1W Chart)
If the price is maintained above the 60 SMA line passing through the 72.85-108.38 section, the uptrend is expected to continue (long-term view).
The 108.38-152.84 zone is an important support and resistance zone for an upward movement towards the highs.
So, if we find support in this section and move along the uptrend line (1), we would expect a move above the 152.84 point.
In order to turn into an uptrend, it must rise above the 152.84 point (medium to long-term perspective).
If the price holds above the 108.38 point, I would expect a move above the 267.52 point.
This is an extension of the ascent of section B.
-------------------------------------
(SOLBTC 1W chart)
If the price maintains above the 60 SMA line crossing the 0.0013 500-0.0019 336 section, the uptrend is expected to continue.
0.0010 000-0.0013 500 or more: An uptrend expected to continue
------------------------------------------
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 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.)
---------------------------------
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
Because the wave is not complete, the support and resistance points are weak.
Accordingly, please refer only to the flow level.
(SOLUSD 1W Chart)
If the price is maintained above the 60 SMA line passing through the 72.85-108.38 section, the uptrend is expected to continue (long-term view).
The 108.38-152.84 zone is an important support and resistance zone for an upward movement towards the highs.
So, if we find support in this section and move along the uptrend line (1), we would expect a move above the 152.84 point.
In order to turn into an uptrend, it must rise above the 152.84 point (medium to long-term perspective).
If the price holds above the 108.38 point, I would expect a move above the 267.52 point.
This is an extension of the ascent of section B.
-------------------------------------
(SOLBTC 1W chart)
0.0010 000-0.0013 500 or more: An uptrend expected to continue
------------------------------------------
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 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.)
---------------------------------
[Example of exchange chart setup]
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
