readCrypto

Stellar (XLM) - April 14

BINANCE:XLMUSD   Stellar
Hello?
Dear traders, nice to meet you.

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

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

(XLMUSD 1W chart)

(1D chart)
We have to see if we can get support at 0.64941588 and rise above 0.7265838.

If it falls, we need to make sure we get support at 0.61239400.
In particular, it remains to be seen if it can rise along the uptrend line.

If you fall at the point of 0.49507488, you need a short stop loss.

The next volatility period is around April 24th.

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

(XLMBTC 1W chart)

(1D chart)
We have to see if we can get support at the 1029 Satoshi point and climb above the 1130 Satoshi point.

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

** 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 the sake of 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.
Therefore, the interpretation is the same as the conventional 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/
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.