The Sandbox (SAND) - July 5
Updated
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(SANDUSDT 1W Chart)
It is important to be able to rise above the 1.2898-1.5294 section.
(1D chart)
Resistance: around 1.5294
The key is to find support above 1.0829 and move above 1.2898.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** 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.)
---------------------------------
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(SANDUSDT 1W Chart)
It is important to be able to rise above the 1.2898-1.5294 section.
(1D chart)
Resistance: around 1.5294
The key is to find support above 1.0829 and move above 1.2898.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** 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.)
---------------------------------
Note
#SANDUSDT(1D)
If it rises above the 0.6271-0.7219 range, a mid- to long-term upward trend is expected to begin.
However, in order for a full-fledged upward trend to begin, the HA-High indicator of the 1M chart and 1W chart must rise or higher.
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