If the price is maintained above 5.051, it is expected to rise to the 6.557-7.309 range.
- As the Stoch RSI indicator and short-term CCI entered the overbought zone, it is necessary to check whether support is found near 5.051.
(1D chart) The key is whether it can be supported and rise in the 5.051-5.350 section.
If it moves lower from 5.051, we should see support near the 4.184 area.
- As the RSI indicator is entering the overbought zone, it is necessary to check at which point support and resistance are found when the RSI is out of the overbought zone.
The interval 6.557-7.309 is the interval that determines the trend.
Therefore, if it is not supported in this section and falls, a Stop Loss is required to secure cash.
** 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 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.