IOST (IOST) - July 22Hello?
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(IOSTUSD 1W Chart)
If the price is maintained above the 0.01928636 point, it is expected that the uptrend will continue.
(1D chart)
It remains to be seen if the 0.01677619-0.02159358 section can find support and move up.
If the price holds in the 0.02159358-0.03122837 range, it is expected to turn into an uptrend.
If it falls from the 0.01677619 point, there is a possibility of entering the mid- to long-term investment zone, so you need to trade cautiously.
However, it is possible to touch near the 0.00987155 point and rise, so be prepared for that.
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(IOSTBTC 1W chart)
To create a new wave, it must rise above 150 Satoshi points.
If the price continues to rise above the 86 Satoshi point, it is expected to turn into an uptrend.
(1D chart)
If the price is maintained in the 49 satoshi-65 satoshi range, it is expected to turn into an upward trend.
It must rise above the 65 Satoshi point to continue the uptrend.
If it goes down, we should see if there is support in the 41-49 satoshi zone.
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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 it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to 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 regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** 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.)
** See support, resistance, and abbreviation points.
** 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.
Explanation of abbreviations displayed in 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 section where you can buy to make a profit as a support point or section.
(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.)
GAP refers to the difference in prices that occurred when the stock market, CME, or BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
