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(ADAUSDT 1W Chart)
The key is whether it can be supported by rising to the 0.5184-0.6834 section.
(1D chart)
It has been consolidating since the May 12 decline.
As such, there is no significant decline in the volatility of BTC.
Since the sideways section is 0.3974-0.5960 section, it is expected that the trend will continue in the direction deviating from this section.
However, the 0.3321-0.3974 section is an important support section, so if it is supported in this section, it is expected to show an upward trend.
The 0.5184-0.6834 section is the section that determines the trend, so it is expected that a full-fledged uptrend will begin only when it rises in this section.
So, at the current price point, it's just below the resistance zone, so there's virtually nothing to do.
It means that it is not too late to start trading when you see support in the resistance section, that is, the 0.3321-0.3974 section.
------------------------------------------------------------ -----------------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator 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.
-------------------------------------
(ADAUSDT 1W Chart)
(1D chart)
It has been consolidating since the May 12 decline.
As such, there is no significant decline in the volatility of BTC.
Since the sideways section is 0.3974-0.5960 section, it is expected that the trend will continue in the direction deviating from this section.
However, the 0.3321-0.3974 section is an important support section, so if it is supported in this section, it is expected to show an upward trend.
The 0.5184-0.6834 section is the section that determines the trend, so it is expected that a full-fledged uptrend will begin only when it rises in this section.
So, at the current price point, it's just below the resistance zone, so there's virtually nothing to do.
It means that it is not too late to start trading when you see support in the resistance section, that is, the 0.3321-0.3974 section.
------------------------------------------------------------ -----------------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator 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/
