Dogecoin (DOGE) - May 31
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Welcome, traders.
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(DOGEUSD 1W Chart)
Check the size of your trading volume.
(1D chart)
It remains to be seen if the 0.27303231-0.30697373 zone can find support and move up.
If it does not fall below the downtrend line, it is expected to rise.
If it falls from the 0.20514946 point, Stop Loss is required to preserve profit and loss.
If the 0.10332519-0.13726661 section is touched, we expect strong support.
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(DOGEBTC 1W chart)
(1D chart)
We will have to wait and see if we can go sideways in the 735 Satoshi-915 Satoshi section.
In particular, touch the 775 Satoshi point and watch for a sharp rise.
To convert into an uptrend, you must break out of the downtrend line.
As such, it remains to be seen if the 915 satoshi-975 satoshi section can get support.
If it falls in the 495 Satoshi-555 Satoshi section, Stop Loss is required to preserve profit and loss.
--------------------------------------
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 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 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 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, and 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)
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(DOGEUSD 1W Chart)
Check the size of your trading volume.
(1D chart)
It remains to be seen if the 0.27303231-0.30697373 zone can find support and move up.
If it does not fall below the downtrend line, it is expected to rise.
If it falls from the 0.20514946 point, Stop Loss is required to preserve profit and loss.
If the 0.10332519-0.13726661 section is touched, we expect strong support.
--------------------------------------
(DOGEBTC 1W chart)
(1D chart)
We will have to wait and see if we can go sideways in the 735 Satoshi-915 Satoshi section.
In particular, touch the 775 Satoshi point and watch for a sharp rise.
To convert into an uptrend, you must break out of the downtrend line.
As such, it remains to be seen if the 915 satoshi-975 satoshi section can get support.
If it falls in the 495 Satoshi-555 Satoshi section, Stop Loss is required to preserve profit and loss.
--------------------------------------
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 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 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 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, and 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)
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