Tezos (XTZ) - March 24Hello?
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We have to see if we can get support at the 4.01 point and climb to the 4.1852-4.4810 range.
In particular, it remains to be seen if it can rise along the uptrend line.
If you go down at 4.01, you can touch the 3.5936 point, so you need a short Stop Loss.
If it falls at the 3.3269 point, a Stop Loss is needed to preserve the profit and loss.
If it does not fall below the downtrend line, it is expected to rise.
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(XTZBTC 1D chart)
We must see if we can ascend above 758 Satoshi.
If it falls, you should see if it rises along the uptrend line.
It remains to be seen if it can turn to an uptrend by rising above the M-Signal on the 1W chart.
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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: Cigar at the time of opening
(Example) Gap (G1-G2)
