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(XMRUSDT 1W Chart)
121.8 or less is likely to be a mid- to long-term investment area.
Therefore, the key issue is whether it can rise above 121.8 and receive support.
(1D chart)
If it fails to rise above 121.8, there is a possibility that it may decline to around 61.5-84.6, so careful trading is required.
I think that the volume profile section formed over the section 61.5-84.6 is the source of the power that supports XMR.
Therefore, if you see support in the 61.5-84.6 section or higher, you can start buying from a mid- to long-term perspective.
However, if it fails to rise above the 121.8 point, we will have to increase the number of coins corresponding to profits through short-term trading.
------------------------------------------------------------ -----------------------------------------------------
** 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.)
---------------------------------
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(XMRUSDT 1W Chart)
Therefore, the key issue is whether it can rise above 121.8 and receive support.
(1D chart)
If it fails to rise above 121.8, there is a possibility that it may decline to around 61.5-84.6, so careful trading is required.
I think that the volume profile section formed over the section 61.5-84.6 is the source of the power that supports XMR.
Therefore, if you see support in the 61.5-84.6 section or higher, you can start buying from a mid- to long-term perspective.
However, if it fails to rise above the 121.8 point, we will have to increase the number of coins corresponding to profits through short-term trading.
------------------------------------------------------------ -----------------------------------------------------
** 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.)
---------------------------------
[Example of exchange chart setup]
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
