VeChain (VET) - January 15Hello?
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(VETUSD 1W chart)
Above the 0.03981204 point: the uptrend expected to continue
Above 0.08458101 point: Expected to create a new wave.
We need to see if we can move above the 0.08458101 point along the uptrend line.
If it continues to fall, it could fall near the 0.03981204 point, so you need to trade cautiously.
At this point, it must move above the 0.10127644 point to turn into an uptrend.
To continue the uptrend, you need to break out of the downtrend line.
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(VETBTC 1W chart)
Above 158 Satoshi point: Expected to create a new wave.
A volume profile section is being formed over the 158 Satoshi-260 Satoshi section.
As such, it is important to be able to sustain the price above the 221 point.
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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 the price trend is in an upward trend or a downward trend, 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 be able to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
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.
(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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