Tezos (XTZ) - January 25Hello?
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(XTZUSD 1W Chart)
(Full: )
1.8553 2069 point and above: uptrend expected to continue
4.0914 4691-4.4192 4300 or more: Expected to create a new wave.
You need to see if the uptrend can continue along the uptrend line.
A move above the 4.4192 4300 point is expected to accelerate the uptrend and find resistance at the 5.5738 1603-6.0233 4096 section.
If it goes down from the uptrend line, it is likely to drop below the 1.8553 2069 point, so trade cautiously.
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(XTZBTC 1W Chart)
0.0001 4931-0.0001 7620 or higher: Expected to create a new wave.
Beginning in September 2021, the Bollinger Bands began to contract.
Therefore, a break from the downtrend line above the 0.0000 9730 point is expected to turn into an uptrend.
0.0000 6690-0.0001 4931 section is the bottom section.
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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 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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