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(ATOMUSDT 1W Chart)
Whether or not it can rise above 7.62 and find support is the key.
(1D chart)
It is important to be supported at 7.33 and above.
However, a move above 5.93 is expected to lead to further upside.
These movements are partly included in the description of the BTC and IXIC charts, but they are caused by the movement of the Stochastic RSI indicator and the shaking to form a bottom section.
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Currently, most coins (tokens) are moving to form a bottom section.
Therefore, in such a position, it is a buying section.
However, just because it is a section to buy should not be an unconditional purchase.
This is because there is no way to know when the price will rise during the buying period.
You should trade in the direction of increasing your investment while increasing your holdings.
It is important to adhere to the basic trading principle of buying when the price moves sideways after falling and selling when the price rises.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** 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.
(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.)
---------------------------------
Traders, welcome.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(ATOMUSDT 1W Chart)
(1D chart)
It is important to be supported at 7.33 and above.
However, a move above 5.93 is expected to lead to further upside.
These movements are partly included in the description of the BTC and IXIC charts, but they are caused by the movement of the Stochastic RSI indicator and the shaking to form a bottom section.
-------------------------------------------------
Currently, most coins (tokens) are moving to form a bottom section.
Therefore, in such a position, it is a buying section.
However, just because it is a section to buy should not be an unconditional purchase.
This is because there is no way to know when the price will rise during the buying period.
You should trade in the direction of increasing your investment while increasing your holdings.
It is important to adhere to the basic trading principle of buying when the price moves sideways after falling and selling when the price rises.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** 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.
(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.)
---------------------------------
[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/
