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We have to see if we can get support and climb in the 0.11862195-0.12588821 range.
If you go down from 0.11862195 point, you can touch 0.08089452 point, so you need to trade carefully.
You should also touch the uptrend line (3) or (4) and see if you can go up.
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(Binance XLMUSDT 1D Chart)
We have to see if we can get support and climb in the 0.12817-0.13805 range.
If you fall from the 0.12817 point, you can touch the 0.10896 point, so you need to trade carefully.
The CCI line is falling below 100 points in the CCI-RC indicator set to view the mid- to long-term trend.
The EMA line is still above the 100 point, so I think there is room for an increase.
So, you need to touch the uptrend line (1) and see if you can climb along the trend line.
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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 conventional Stochastic RSI indicator. (K, D line -> R, S line)
** 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 or 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: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
We have to see if we can get support and climb in the 0.11862195-0.12588821 range.
If you go down from 0.11862195 point, you can touch 0.08089452 point, so you need to trade carefully.
You should also touch the uptrend line (3) or (4) and see if you can go up.
-------------------------------------------------- ------
(Binance XLMUSDT 1D Chart)
If you fall from the 0.12817 point, you can touch the 0.10896 point, so you need to trade carefully.
The CCI line is falling below 100 points in the CCI-RC indicator set to view the mid- to long-term trend.
The EMA line is still above the 100 point, so I think there is room for an increase.
So, you need to touch the uptrend line (1) and see if you can climb along the trend line.
-------------------------------------------------- -------------------------------------------
** 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 conventional Stochastic RSI indicator. (K, D line -> R, S line)
** 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 or 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: Closed price
G2: Market price 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/
