IOTA (MIOTA) - March 31Hello?
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We have to see if we can get support and climb at 1.49422213.
If it goes down, you need to make sure you get support at 1.38050147.
If you fall at the 1.38050147 point, you need a short stop loss.
However, it may rise along the uptrend line, so careful trading is necessary.
If it falls in the 1.03265428-1.14804624 interval, a Stop Loss is required to preserve profit and loss.
It is expected to reorient itself by ascending to the 1.84039802-1.95578998 section.
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(IOTABTC 1D chart)
It remains to be seen if we can get support at the 2566 Satoshi point and follow the uptrend line to the 2667 Satoshi-2889 Satoshi section.
The 2566 Satoshi point is a point where you can enter to ascend above the 2667 Satoshi point.
If you fall at 2473 Satoshi, you need a short stop loss.
If it falls at 2222 Satoshi, Stop Loss is needed to preserve profit and loss.
If the 2667 Satoshi-2889 Satoshi section is supported, it is expected that there will be a move to ascend more than 3555 points.
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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)
