Theta Network (THETA) - November 8Hello?
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(THETAUSD 1W Chart) - Mid-Long-Term Perspective
Above 2.9437615 point: Expected to create a new wave.
(1D chart)
First resistance section: 8.6007292-9.6692416
Second resistance section: near point 12.8774792
Support section: 3.2581665-4.3266790
The section 6.4637041-7.1677951 is expected to play an important role in this ascent.
Therefore, if the price is maintained above the 6.4637041-7.1677951 range, the uptrend is expected to continue.
If you fall from the 6.4637041-7.1677951 section, you can touch the support section and need a short stop loss.
However, the move may follow an uptrend line, so you should respond with a short-term trade.
A move above the 8.3238958 point, i.e. above the first resistance section, is expected to accelerate the uptrend.
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(THETABTC 1W chart)
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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 it is in an uptrend or in a downtrend, 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.
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** 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 been released yet.
(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.)
