Elrond (EGLD) - March 24Hello?
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(EGLDUSDT 1W Chart)
If the price holds above 189.78, it is expected to turn into an uptrend. (Important perspective)
Primary resistance: around 259.05
Secondary resistance: around 388.02
If the price falls below the uptrend line, there is a possibility that it will move towards the 89.17 area, so you need to trade cautiously.
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(EGLDBTC 1W chart)
Above 0.001910: Expect the uptrend to continue
Above 0.0035: Expected to create a new wave.
Primary resistance: 0.004758-0.005159
Secondary resistance: 0.007040
It is important to keep the price above the 0.004228 point.
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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 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.
(Since it was not disclosed, 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.)
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