Bitcoin SV (BSV) - November 18

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(BSVUSD 1W Chart) - Medium to Long-Term Perspective
snapshot
Above the 129.190 point: the uptrend expected to continue

193.680 Branch Director: Expected to create a new wave


(1D chart)
Resistance section: 189.420-217.293

Support section: near point 105.800


If the price is maintained above the resistance level, it is expected to accelerate the uptrend.


It is necessary to check whether the price can be maintained in the volume profile section formed in the section 105.800-193.680.

If it falls from the support zone, there is a possibility of entering the mid- to long-term investment area, so careful trading is required.

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(BSVBTC 1W chart)
snapshot
It must rise above the 0.00420202 point to turn into an uptrend.

It needs to move above the 0.00775719 point to continue the uptrend.

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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 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.

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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 MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** 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.)
** 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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