IOTA (MIOTA) - April 8 Hello?
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You should watch for any movement that deviates from the 1.4942213-1.84039802 section.
In particular, it remains to be seen if it can gain support at 1.55251884 and climb along the uptrend line.
We have to see if we can get support by climbing to the 1.84039802-1.95578998 range.
If you fall from the 1.49422213 point, you need a short stop loss.
However, you need to trade carefully as you can touch the 1.29319710 point or the uptrend line and move up.
If it falls in the 1.03265428-1.14804624 interval, a Stop Loss is required to preserve profit and loss.
If the CCI line falls below 100 on the CCI-RC indicator, there may be volatility and you need to trade carefully.
It remains to be seen if the CCI line can break above the EMA line and continue the uptrend.
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(IOTABTC 1D chart)
2889 Satoshi-3555 We must watch for any movement that deviates from the Satoshi section.
If it falls, we need to make sure we get support in the 2667 Satoshi-2889 Satoshi section.
If you fall at 2566 Satoshi, you need a short stop loss.
If it falls at 2222 Satoshi, Stop Loss is needed to preserve profit and loss.
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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 published by oh92. (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 are not trading 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
