Gaz (GAS) – September 12 for BINANCE: GASUSD By ReadCrypto
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(GASUSD 1W Chart)
If the price holds above the 4.5773071 point, the uptrend is expected to continue.
In particular, if the price holds above the 12.4294029 point, it should create a new wave.
If the price holds above the 9.3918546 point, I would expect it to resume the trend of the 12.2782948-13.7215147 range.
If it drops it could touch near the 6.5054145 point, so trade with caution.
If it drops from 4.5773071, it could enter the medium to long term investment zone, so you should also think about how to react.
( GASBTC 1W card)
It is necessary to check whether there is movement out of the section 0.0000505-0.0002688, which is the soil section.
In particular, if the price is kept above the 0.0004990 point, it should create a new wave.
After a long lateral movement, there is an upward movement, so you will have to keep an eye on the situation.
We need to see if we can keep the price above the 0.0001440-0.0001753 range and move above the 0.002688 point.
In order to turn into an uptrend, the price must increase to the 0.002688-0.0003510 range and hold the price.
We recommend that you negotiate with your average unit price.
This is because if the price is lower than your average unit price, whether in an uptrend or a downtrend, there is a high possibility that you may not be able to get a big profit due to the psychological burden.
The focus of all transactions begins with the average unit price at which you start to trade.
If you ignore this, you may be negotiating in the wrong direction.
It is therefore important to find a way to lower the average unit price and adjust the proportion of the investment, eventually allowing the funds corresponding to the profits to regenerate.
** All indicators are lagging indicators.
Therefore, it is important to know that the indicator moves accordingly with the movement of the price and.
However, for the sake of convenience, we are talking backwards for the interpretation of the indicator.
** The wRSI_SR flag is a flag created by adding parameters and options to theindicator.
Therefore, the interpretation is the same as the traditionalindicator. (line K, D -> line R, S)
** The OBV indicator has been recreated by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thank you for that.)
** 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 investment profit or loss.
Explanation of abbreviations displayed in the graphic
A: A point or section of resistance that needs a response to preserve profits.
SL: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.
(It can be said that the short term Stop Loss is a point where profits and losses can be preserved or additional entry can be made through fractional trading. This is a short investment prospect. term.)
GAP refers to the price difference that occurred when the stock market,, and the BAKKT exchanges were closed because they are not traded 24 hours a day.
G1: Closing price at the close
G2: Opening price
(Example) Deviation (G1-G2)