Waves (WAVES) - September 19

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If the price is maintained above the 7.6414734-9.4895768 range, the uptrend is expected to continue.

In particular, if the price is maintained above the 12.3722870 point, it is expected to create a new wave.

(1D chart)
To break above the 30.5267339-34.2476676 section, it is necessary to check whether the trading volume increases.

If it goes down, you should check to see if it finds support at the 23.7884849-24.9359164 zone.

Above the 12.3722870 point is a section where new waves can be made, and the support section formed near this section is expected to play an important role in the future.


(WAVESBTC 1W chart)
If the price holds above the 0.0002139-0.0003020 range, we expect the uptrend to continue.

(1D chart)
If the price is maintained in the critical range of 0.0005580-0.0006932, we expect the price to rise above the 0.0008922 point.

If it falls from the 0.0004201-0.0004885 range, it may fall near the 0.0002562 point, so you need to trade cautiously.


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.

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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.
(Because it is not public, 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]



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