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(YFIUSD 1W Chart)
If the price is maintained above the 23950.81209-30217.97887 volume profile section, it is expected to continue the upward trend.
(1D chart)
It needs to rise above the 41556.95449 point and find support for it to turn into an uptrend.
If it falls in the section 27103.87763-33310.02219, Stop Loss is required to preserve profit and loss.
However, careful trading is required as it can touch the 23950.81209 point and rise.
We'll have to wait and see if we can climb above the 45722.31205 point.
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(YFIBTC 1W chart)
We recommend keeping the price in the 0.97822-1.34250 range to continue the uptrend.
You should also watch to see if you can move up along the uptrend line.
(1D chart)
It remains to be seen if the 0.92560-1.01163 zone can find support and move up.
The price must hold at least above the 1.01163 point in order to transition into an uptrend.
If it falls from the 0.95260 point, you can touch the 0.66748 point, so you need a Stop Loss to preserve your profit and loss.
However, it may follow an uptrend line, so you need to trade cautiously.
If it fails to move above the 1.18371 point, it could lead to a downtrend and you should also think about how to respond.
------------------------------------------
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.
------------------------------------------------------------ -----------------------------------------------------
** 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 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.)
** See support, resistance, and abbreviation points.
** 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.
Explanation of abbreviations displayed in 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 section where you can buy to make a profit as a support point or section
(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.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(YFIUSD 1W Chart)
(1D chart)
It needs to rise above the 41556.95449 point and find support for it to turn into an uptrend.
If it falls in the section 27103.87763-33310.02219, Stop Loss is required to preserve profit and loss.
However, careful trading is required as it can touch the 23950.81209 point and rise.
We'll have to wait and see if we can climb above the 45722.31205 point.
-------------------------------------
(YFIBTC 1W chart)
You should also watch to see if you can move up along the uptrend line.
(1D chart)
It remains to be seen if the 0.92560-1.01163 zone can find support and move up.
The price must hold at least above the 1.01163 point in order to transition into an uptrend.
If it falls from the 0.95260 point, you can touch the 0.66748 point, so you need a Stop Loss to preserve your profit and loss.
However, it may follow an uptrend line, so you need to trade cautiously.
If it fails to move above the 1.18371 point, it could lead to a downtrend and you should also think about how to respond.
------------------------------------------
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.
------------------------------------------------------------ -----------------------------------------------------
** 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 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.)
** See support, resistance, and abbreviation points.
** 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.
Explanation of abbreviations displayed in 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 section where you can buy to make a profit as a support point or section
(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.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(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/
