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(VETUSD 1W Chart)
If the price holds above the 0.06265984 point, it is expected that the uptrend will continue.
(1D chart)
I think it has entered the high point section as it climbed above 0.12610267 point.
Overall, the 0.16800141-0.22890460 section forms a resistance section.
Therefore, you should check the change in volume when it rises above the 0.16800141 point.
Among them, the largest resistance section is 0.20955073-0.22890460 section.
It is important to keep the price above the 0.16800141 point, even to break through this resistance area .
If it falls in the 0.11326725-0.12610267 section, Stop Loss is required to preserve profit and loss.
However, careful trading is required as it can touch the 0.06265984-0.08458101 section and follow the uptrend line.
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(VETBTC 1W chart)
If the price holds above the 158 Satoshi point, it is expected to continue the upward trend.
In particular, if the price is maintained above the 221 Satoshi-237 Satoshi section, it is expected to create a new wave.
(1D chart)
It remains to be seen if there is any move upwards above the 342 satoshi point, with support from the 260 satoshi-281 satoshi section.
If it falls in the range of 221 Satoshi-237 Satoshi, Stop Loss is required to preserve profit and loss.
However, it is possible to touch the 158 Satoshi-177 Satoshi section and rise, so you should also think about preparing for it.
Careful trading is required as volatility to break above the wide resistance range 342 satoshi-411 satoshi can often occur.
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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.
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** 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)
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