Ontology Gas (ONG) - October 9Hello?
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(ONGUSD 1W Chart) - Mid-Long-Term Perspective
Above 0.3938 point: expected to continue uptrend
(1D chart)
First support section: near point 1.2443
Second support section: 0.6506-0.8485 section
First resistance section: 1.6402-0.18381 section
Second resistance zone: near the 2.4318 point
If the price holds in the 1.2443-1.6402 range, I expect it to move towards the first resistance level.
A short-term Stop Loss is required if the decline is from the 1.1368-1.2443 section, the first support section.
A decline in the second resistance area could touch the 0.3938 point, so trade cautiously.
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(ONGBTC 1W Chart) - Mid- to long-term perspective
Above the 3272 Satoshi point: expected to turn into an uptrend
Over 8000 Satoshi points: Expected to create a new wave.
(1D chart)
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which 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, ultimately allowing the funds corresponding to the profits to regenerate themselves.
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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 the sake of 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.
(Because it is not public, 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.)
