readCrypto

VeChain (VET) - September 27

BINANCE:VETUSD   VeChain
Hello?
Welcome, traders.

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

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

(VETUSD 1W Chart) - Medium to Long-Term Perspective
Above the 0.03981204 point: the uptrend is sustainable.

Above 0.06265984 point: Expected to create a new wave.


(1D chart)
First support section: 0.06265984-0.08458101
Second support section: near point 0.03981204


First resistance section: 0.12610267-0.14187200
Second resistance section: 0.20955073-0.22890460


A move to break above the first resistance zone should be checked to see if there is a sideways movement within the support zone.

In particular, you should see if the volatility around September 28 (September 27-29) is moving upwards above the 0.09110688 point to break out of the downtrend line.

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

(VETBTC 1W Chart) - Mid to Long-Term Perspective
Above the 136 Satoshi-158 Satoshi section: The upward trend is sustainable.


(1D chart)
First support section: 177 Satoshi-193 Satoshi section
Second support section: 136 Satoshi-158 Satoshi section


It is necessary to check whether it can rise above the volume profile section formed near the 221 Satoshi point.

Therefore, it is necessary to check whether the price is maintained above the 221 satoshi-237 satoshi section.

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

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 uptrend or in a downtrend, 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 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.)

[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.