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eCash (XEC) - March 17

BINANCE:XECUSDT   XEC / TetherUS
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Support and resistance points are weak as the chart has been created shortly.
Therefore, please refer only to the flow level.

(XECUSDT 1W chart)


(1D chart)
Primary resistance section: 0.0001 0763 - 0.0001 1786
Secondary resistance section: around 0.0001 5800

It is more likely to move higher as it is breaking out of the downtrend line and consolidating.

We need to see if we can sustain the price above 0.0000 8300.

It must rise above 0.0001 0763 to turn into an uptrend.

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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 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.)

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[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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