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We have to see if we can get support in the 0.39184-0.41581 range.
If it falls, we need to see if it can rise along the uptrend line.
If it falls between 0.29909-0.31991, Stop Loss is required to preserve profit and loss.
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(XLMUSDT 1D chart)
It remains to be seen if it can move above the 0.40587 point as it breaks off the downtrend line.
If it falls from the 0.30368 point, a Stop Loss is required to preserve profit and loss.
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(XLMBTC 1D chart)
We have to see if we can go up along the uptrend line.
If it falls, it remains to be seen if it gains support at 690 Satoshi.
In order to turn to an uptrend, it must rise above 782 Satoshi and be supported.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Hence, 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 that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------------------- -----
We have to see if we can get support in the 0.39184-0.41581 range.
If it falls, we need to see if it can rise along the uptrend line.
If it falls between 0.29909-0.31991, Stop Loss is required to preserve profit and loss.
--------------------------------------
(XLMUSDT 1D chart)
If it falls from the 0.30368 point, a Stop Loss is required to preserve profit and loss.
------------------------------------
(XLMBTC 1D chart)
If it falls, it remains to be seen if it gains support at 690 Satoshi.
In order to turn to an uptrend, it must rise above 782 Satoshi and be supported.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Hence, 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 that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
[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/
