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(DOTUSDT 1W Chart)
A volume profile section is formed over the section 9.26-10.13.
The key is whether we can break through this section and move up to the 11.72-14.93 section.
(1D chart)
1st resistance: 9.26-10.13
2nd resistance: 11.72
Support: 7.16-7.74
It is necessary to check whether it can be supported and climbed in the 7.16-7.74 section.
If it doesn't, it could drop near 5.11, so be careful.
The 11.72-14.93 section is a trend-determining section and is an important support and resistance section.
Therefore, it is expected that the upward trend will continue only when it is supported and ascended in the 11.72-14.93 section.
The closer you get to the 11.72-14.93 section, the more you will feel like going up.
At this time, if you buy before the 11.72-14.93 rise or buy without confirming the support in the 11.72-14.93 range, you may end up buying at the high point, so you need to be careful.
------------------------------------------------------------ -----------------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(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.)
---------------------------------
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(DOTUSDT 1W Chart)
The key is whether we can break through this section and move up to the 11.72-14.93 section.
(1D chart)
1st resistance: 9.26-10.13
2nd resistance: 11.72
Support: 7.16-7.74
It is necessary to check whether it can be supported and climbed in the 7.16-7.74 section.
If it doesn't, it could drop near 5.11, so be careful.
The 11.72-14.93 section is a trend-determining section and is an important support and resistance section.
Therefore, it is expected that the upward trend will continue only when it is supported and ascended in the 11.72-14.93 section.
The closer you get to the 11.72-14.93 section, the more you will feel like going up.
At this time, if you buy before the 11.72-14.93 rise or buy without confirming the support in the 11.72-14.93 range, you may end up buying at the high point, so you need to be careful.
------------------------------------------------------------ -----------------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(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/
