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We have to see if we can get support at 0.15310 and move above 0.17140 along the uptrend line (4).
If you fall in the 0.12480-0.13645 section, you need a short stop loss.
However, you need to trade carefully as you can touch the uptrend line and go up.
If it falls at 0.1 point or at the uptrend line (1), a Stop Loss is required to preserve profit or loss.
** All indicators are lagging indicators.
So, it’s important to be aware that the indicator moves accordingly with the movement of price and .
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 indicator.
Therefore, the interpretation is the same as the conventional indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator published by oh92. (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, , and BAKKT exchanges were closed because they are not trading 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)