Cardano (ADA) - January 3
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(ADAUSD 1W Chart)
Above the 0.476 point: the uptrend expected to continue
We need to see support above the 0.918 point and see if we can move above the 1.316 point.
A decline from the 0.918 point is expected to touch the uptrend line passing near the 0.663 point.
In order to create a new wave, a sideways movement should appear in the 0.918-1.316 section.
To turn into an uptrend, it must move above the 1.316 point.
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(ADABTC 1W chart)
0.0000 1593-0.0000 1944 or higher: Expected to continue upward trend
Above 0.0000 2982 point: Expected to create a new wave.
If it fails to move above the 0.0000 2982 point, it could fall near the 0.0000 1944 point, so trade cautiously.
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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.)
---------------------------------
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(ADAUSD 1W Chart)
Above the 0.476 point: the uptrend expected to continue
We need to see support above the 0.918 point and see if we can move above the 1.316 point.
A decline from the 0.918 point is expected to touch the uptrend line passing near the 0.663 point.
In order to create a new wave, a sideways movement should appear in the 0.918-1.316 section.
To turn into an uptrend, it must move above the 1.316 point.
-------------------------------------
(ADABTC 1W chart)
0.0000 1593-0.0000 1944 or higher: Expected to continue upward trend
Above 0.0000 2982 point: Expected to create a new wave.
If it fails to move above the 0.0000 2982 point, it could fall near the 0.0000 1944 point, so trade cautiously.
------------------------------------------
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.
------------------------------------------------------------ -------------------------------------------
** 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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