Stellar (XLM)- June 14hello?
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(XLMUSD 1W Chart)
Below 0.124080 is likely to be a mid- to long-term investment area.
Therefore, the key issue is whether it can rise above 0.124080 to receive support.
(1D chart)
In the short-term and medium-term perspective, it needs to rise above the 0.124080-0.132063 section and find support to turn into an uptrend.
However, since a volume profile section is formed around 0.164204, it can be said that it is completely converted to an upward trend only when it rises above this point.
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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 convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** 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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