Litecoin (LTC) - May 6

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(LTCUSDT 1W Chart)
(All: www.tradingview.com/x/KXziTdf6/)
An important volume profile interval is the interval 55.7-81.3.

However, as it fell below 101.1, it is showing a movement to enter the mid- to long-term investment area.

If it moves above 101.1 and moves sideways, I expect it to turn into an uptrend.

As you get closer to the 55.7-81.3 section, you need to check whether there is a movement to defend the price with a sharp movement.

This is because this movement is thought to be a force to create a new wave.

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** 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.)

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