Loopring (LRC) - May 31hello?
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(LRCUSDT 1W chart)
Below 0.6135 is likely to be a mid- to long-term investment area.
Therefore, the key is whether the price holds the price above 0.6135.
(1D chart)
In the short-term and medium-term perspective, if it gains support above 0.5710, it is expected to turn into an uptrend.
However, since it must rise above 0.6135, it is important to confirm that it is supported by rising above 0.6135.
If it rises above 1.4750, it is expected to surge.
Unlike the stock market, the coin market allows all coins to be made as long-term investments.
However, in order to do this, you must recover the purchase principal and invest only in the amount you hold for the profit.
It's obvious, but it's not an easy way to put it into practice.
If you need immediate profit, it is better to sell 100% to make a profit.
However, if not, I think that if you set your trading method in the direction of increasing your holdings that correspond to your profits, you will have a high chance of getting huge wealth.
This is usually not easy to succeed as it requires a lot of patience.
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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 the sake of 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.)
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