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Uniswap (UNI) - September 23

BINANCE:UNIUSD   Uniswap
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(UNIUSD 1W Chart) - Mid-Long-Term Perspective
Support section: 8.7501025-12.9299601

Resistance section: 30.6430802-36.6077003


(1D chart)
Support section: 17.75218020-20.8660947

We expect the price to remain above the support zone and turn into an uptrend.

However, it should break out of the downtrend line.


From point 26.4209357 and above, many horizontal points are drawn.
These horizontal lines represent support and resistance points.

Therefore, the resistance section is formed as wide as the section 26.4209357-36.6077003.


If it falls from the 17.75218020 point, it is likely to touch the 8.7501025-12.9299601 zone, so trade with caution.

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(UNIBTC 1W Chart) - Mid- to long-term perspective
Support section: 0.0003540-0.0004158

Resistance section: near point 0.0007047


(1D chart)
Support section: near point 0.0004730

Resistance range: 0.0005876-0.0006450

If it falls in the range of 0.0003009-0.0003583, there is a possibility of entering the mid- to long-term investment area, so careful trading is required.

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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 upward trend or a downward trend, there is a high probability 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 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 MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released.
(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/
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.