Chainlink (LINK) - May 3Hello?
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(LINKUSD 1M chart)
(1W chart)
(1D chart)
You should watch for any movement that deviates from the 34.30128060-42.42859120 section.
We must see if we can move above the 42.42859120 point and break off the downtrend line.
It is expected to reorientate on the segment 42.42859120-45.13769462.
You have to think about how to respond to this.
If you fall at the point of 34.30128060, you need a short stop loss.
However, it may rise along the uptrend line, so careful trading is necessary.
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(LINKBTC 1M chart)
(1W chart)
(1D chart)
We have to see if we can get support and ascend at the 69567 Satoshi branch.
If it goes down, you need to make sure you get support at 68143.
59040 Satoshi-61672 If you fall from Satoshi, you need Stop Loss to preserve profit or loss.
However, it may rise along the uptrend line, so careful trading is necessary.
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It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price 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, so that the money that ultimately corresponds to the profit can regenerate the profit.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional 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 that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
