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(LUNAUSD 1W Chart) (The existing Bittrex exchange chart has been changed and will be published as this chart in the future.)
If the price holds above the 8.7664621 point, it is expected that the uptrend will continue.
In particular, it remains to be seen whether holding the price above the 20.8825536 point can form a new support and resistance zone.
(1D chart) If you fall from the 32.7999608 point, you need a short-term Stop Loss.
However, careful trading is required as it can touch the 27.3551513-29.1700877 section and rise.
If it falls in the section 27.3551513-29.1700877, it can touch near the 20.8825536 point, so Stop Loss is required to preserve profit and loss.
If it moves above the 36.4298338-38.2447702 interval, we expect the trend to re-determine at the 49.1343892-50.9493256 interval.
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(LUNABTC 1W chart) If the price holds above the 0.0001171-0.0001743 range, we expect the uptrend to continue.
In particular, if the price holds above the 0.0003985 point, it is expected to create a new wave.
(1D chart) If the price is maintained in the range of 0.0006869-0.0008291, the uptrend is expected to continue.
A decline from the 0.0006869 point may lead to a fall below the 0.0006213 point, requiring a short-term stop loss.
The 0.0003985-0.0004904 section is an important section for this ascent. Therefore, if it falls below this range, there is a possibility of entering the mid- to long-term investment area, so careful trading is required.
If you look at it differently, if you find support in the 0.0003985-0.0004904 section, it is expected that there will be an uptrend to create a new wave.
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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 the price trend is in an upward trend or a downward trend, 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.
** 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 MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released. (Because it is not public, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** 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.) ** 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.)
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.