Stellar (XLM) - January 13Hello?
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(XLMUSD 1W Chart)
Support section: 0.18554008-0.23669590
If it declines from the 0.16420803 point, there is a possibility of entering the mid- to long-term investment area, so you need to trade cautiously.
It should move above the 0.33900755 point to continue the uptrend.
As such, it is necessary to check if the trend is moving upwards along an uptrend line.
Above the 0.40293161 point is the high-end section, so there is a possibility of finding resistance in the 0.44131920-0.49247902 section.
If the decline is from the 0.44131920-0.49247902 section, you should check to see if there is support near the 0.40293161 point.
If it falls from the 0.40293161 point, you need a short-term Stop Loss.
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(XLMBTC 1W chart)
Box sideways section: 428 Satoshi-1288 Satoshi section
It should move above the 746 Satoshi point to see if it can turn into an uptrend.
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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 moves accordingly with the movement of price and volume.
However, for 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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