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VeChain (VET) - April 6

BINANCE:VETUSD   VeChain
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You should watch for any movement that deviates from the 0.09423024-0.10736697 section.
In particular, it remains to be seen if it can rise along the uptrend line.

If it falls, you need to make sure you get support in the 0.08985133-0.09423024 section.

If you go down at 0.08867631, you need a short stop loss.


In the CCI-RC indicator, if the CCI line rises above the EMA line, volatility may occur, so careful trading is necessary.

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(VETBTC 1D chart)
We have to see if we can get support at the 170 Satoshi point and rise above the 185 Satoshi point.

If it falls, we need to make sure we get support at the 156 Satoshi spot.
If you fall between 147 Satoshi and 156 Satoshi, you need a short stop loss.

If it falls at the 128 Satoshi point, Stop Loss is needed to preserve profit and loss.

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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional 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 that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.

Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment

(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)

GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)

[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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