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(TRXUSDT 1W Chart)
If the price holds above the downtrend line, it is expected to rise.
To do that, we need to see if we can find support by moving above 0.07192.
(1D chart)
The key is whether it can find support near 0.07070 and move above 0.07679.
Therefore, it is recommended to check the movement in the 0.07070-0.07679 section.
If it moves above 0.08223-0.08631 and finds support, I would expect it to surge.
(buy)
- After confirming the support at 0.07679
(Stop Loss)
- When it falls below 0.07451 and receives resistance
- When it falls below 0.07070
(Sell)
- When resistance near 0.08631
- When receiving resistance near 0.10176
------------------------------------------------------------ -----------------------------------------------------
** 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 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.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(TRXUSDT 1W Chart)
To do that, we need to see if we can find support by moving above 0.07192.
(1D chart)
The key is whether it can find support near 0.07070 and move above 0.07679.
Therefore, it is recommended to check the movement in the 0.07070-0.07679 section.
If it moves above 0.08223-0.08631 and finds support, I would expect it to surge.
(buy)
- After confirming the support at 0.07679
(Stop Loss)
- When it falls below 0.07451 and receives resistance
- When it falls below 0.07070
(Sell)
- When resistance near 0.08631
- When receiving resistance near 0.10176
------------------------------------------------------------ -----------------------------------------------------
** 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 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/
