Decentraland (MANA) - July 20Hello?
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(MANAUSD 1W Chart)
If the price holds above the 0.36122450 point, it is expected that the uptrend will continue.
(1D chart)
If the price is maintained in the 0.53293870-0.70458127 range, it is expected to turn into an uptrend.
To continue the uptrend, it must move above the 0.79040255 point.
If it falls in the range of 0.27547486-0.36129613, it is expected to enter the mid- to long-term investment area, so careful trading is required.
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(MANABTC 1W chart)
If the price is maintained above the 1131 satoshi-1333 satoshi range, it is expected that the upward trend will continue.
(1D chart)
Looking at the big picture, the 1473 Satoshi-2295 Satoshi section is a sideways section.
Of this sideways section, it is falling to the 1473 Satoshi-1884 Satoshi section, which is the lower sideways section.
If it goes down, we should see if there is support in the 1336 satoshi-1473 satoshi range.
To accelerate an uptrend, you need to break out of the downtrend line.
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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 about the indicators in reverse.
** 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 shown in charts
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)
