OKB (OKB) - June 8Hello?
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(OKBUSDT 1W chart)
If it moves sideways in the 14.984-23.800 section, it is expected to lead to an uptrend.
However, if the 14.984 point falls, the 14.984-23.800 section acts as a resistance section and may take time to rise, so it is important to find support at the 14.984 point.
(1D chart)
It remains to be seen if the 12.587-15.409 section can find support and move up.
If it goes down from the 12.587 point, it could touch the 4.121 point, so you need to be careful with your trades.
If it moves above the 16.887 point and finds support, we expect the uptrend to continue.
However, in order to accelerate the upward trend, it must rise above the 26.697-29.519 section.
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(OKBBTC 1W chart)
If the price holds above the 0.0004448 point, it is expected to maintain an uptrend.
(1D chart)
We need to see if we can move up along the uptrend line.
If it finds support by moving towards the 0.0004953-0.0005390 section, I expect the uptrend to accelerate.
If it falls from the 0.0004079 point, Stop Loss is required to preserve profit and loss.
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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 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 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.)
** See support, resistance, and abbreviation points.
** 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.
Explanation of abbreviations displayed in 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 section where you can buy to make a profit as a support point or section.
(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.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
