XEMKRW DOUBLE BOTTOMXEM has a double bottom pattern. It is now on his uptrend to the last leg.
That means a 55x until the highest top 3000KRW.
Then we have a double bottom play out, this bring us to a 110x around 6000 KRW.
If you look at the blue lines, it took 1155 days until the first V formation. if it takes another 1155 days for the next leg, thats around 29 april 2024.
The dollar pattern looks almost the same.
This is not an investment advice.
Good luck guys!
XEMKRW
NEM (XEM) - May 10Hello?
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(XEMUSD 1W chart)
(1D chart)
We need to see if we can get support at the 0.36545048 point and climb along the uptrend line.
The section 0.25414007-0.47676089 is a sideways section.
We have to see if we can build up the power of the ascent while moving sideways in this section.
On the CCi-RC indicator, we must see if the CCI line can rise more than 100 points above the EMA line.
Bollinger Bands began to converge.
In order to turn into an uptrend, you must break off the two downtrend lines.
Therefore, careful trading is necessary.
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(XEMBTC 1W chart)
(1D chart)
We have to see if we can get support and climb in the 649 Satoshi-733 Satoshi section.
In particular, we have to see if it can rise above the 707 Satoshi point.
If it falls, we have to see if we can get support at the 495 Satoshi spot and move up.
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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 the sake of 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: Market price at the time of opening
(Example) Gap (G1-G2)
NEM (XEM) - April 9Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also ask for the "Like" clock.
Have a good day.
----------------------------------
You should watch for any movement that deviates from the 0.36545048-0.47676089 section.
If it falls at the point of 0.36545048, a Stop Loss is required to preserve profit and loss.
However, it may rise along the uptrend line, so careful trading is necessary.
On the CCI-RC indicator, it remains to be seen if the CCI line rises by more than 100 points and breaks through the EMA line and rises.
At this time, volatility can occur, so careful trading is necessary.
(1W chart)
-----------------------------------
(XEMBTC 1D chart)
We must see if we can get support from the 649 Satoshi-733 Satoshi section and ascend towards the 902 Satoshi point.
(1W chart)
473 Satoshi-1262 Satoshi section is moving sideways.
-------------------------------------------------- -------------------------------------------
** 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 the sake of 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)
NEM (XEM) - March 24Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------------------- -----
We'll have to see if we can get support from the 0.3291-0.3619 segment and climb to the 0.4078-0.4471 segment.
In particular, you need to rise along the uptrend line to see if it breaks off the downtrend line.
If it falls from the 0.3291 point, a Stop Loss is required to preserve profit and loss.
However, careful trading is necessary as it may rise along the uptrend line passing through the 0.2503-0.3291 range.
In order to turn into a short-term uptrend, it must rise to at least 0.4078-0.4471 to gain support.
-------------------------------------
(XEMBTC 1D chart)
We must see if we can get support from the 649 Satoshi-733 Satoshi section and ascend to the 902 Satoshi point.
-------------------------------------------------- -------------------------------------------
** 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 the sake of 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)
NEM (XEM) - March 17Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------------------- -----
You should watch for any movement that deviates from the 0.3291-0.4078 range.
If it falls from the 0.3291 point, a Stop Loss is required to preserve profit and loss.
However, it may rise along the uptrend line, so careful trading is necessary.
If it gains support in the 0.4078-0.4471 range and rises above 0.5280 points, I think there is a high possibility of turning into an uptrend.
However, it must be supported and climbed at 0.5662, an important point.
To get off the downtrend line, you need to check the flow between around March 23rd and April 2nd.
-------------------------------------------------- -------------------------------------------
** 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 the sake of 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)