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-------------------------------------
(COMPUSD 1W Chart)
(1D chart)
We have to see if we can climb above the 383.631580 point and gain support.
If it continues to fall, it can touch the 338.424780 point, so you need to trade cautiously.
We will have to wait and see if the 383.631580-420.636604 section can move higher with volatility around June 1-7.
It needs to rise above the 490.764132 point and find support to turn into an uptrend.
It remains to be seen if the upward break above the 531.651680 point can accelerate the uptrend.
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(COMPBTC 1W chart)
(1D chart)
It remains to be seen if the 10608 Satoshi-11425 Satoshi section can find support and move up along the uptrend line.
If it falls from the 10608 Satoshi point, Stop Loss is required to preserve profit and loss.
However, it may follow an uptrend line, so trade with caution.
The 9675 Satoshi-11285 Satoshi section is an important section, and if it rises in this section, it is expected to turn into an upward trend.
However, the key question is whether it can cross the downtrend line.
--------------------------------------
It is advisable to trade at your average unit price.
This is because if the price is below your average unit price whether the price trend 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 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, so that the funds that ultimately correspond to the profits can regenerate the profits.
-------------------------------------------------- -----------------------------------------------------
** 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 do not trade 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.
-------------------------------------
(COMPUSD 1W Chart)
(1D chart)
We have to see if we can climb above the 383.631580 point and gain support.
If it continues to fall, it can touch the 338.424780 point, so you need to trade cautiously.
We will have to wait and see if the 383.631580-420.636604 section can move higher with volatility around June 1-7.
It needs to rise above the 490.764132 point and find support to turn into an uptrend.
It remains to be seen if the upward break above the 531.651680 point can accelerate the uptrend.
-------------------------------------
(COMPBTC 1W chart)
(1D chart)
If it falls from the 10608 Satoshi point, Stop Loss is required to preserve profit and loss.
However, it may follow an uptrend line, so trade with caution.
The 9675 Satoshi-11285 Satoshi section is an important section, and if it rises in this section, it is expected to turn into an upward trend.
However, the key question is whether it can cross the downtrend line.
--------------------------------------
It is advisable to trade at your average unit price.
This is because if the price is below your average unit price whether the price trend 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 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, so that the funds that ultimately correspond to the profits can regenerate the profits.
-------------------------------------------------- -----------------------------------------------------
** 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 do not trade 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/
