readCrypto

TRON (TRX) - April 7

BINANCE:TRXUSDT   TRON / TetherUS
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(TRXUSDT 1W Chart)
Primary resistance: around 0.08631
Secondary resistance: 0.11228-0.12526

Support: 0.04736-0.06034



(1D chart)

(buy)
- After confirming the support in the section 0.06034-0.06427

(Stop Loss)
- When it falls below 0.05526

(Sell)
- When resistance is received in the range of 0.08223-0.08632
- When receiving resistance in the range 0.11228-0.12526

However, since the support section mentioned in the 1W chart is the 0.04736-0.06034 section, the priority is to check whether it is supported within this section.


If it falls below 0.04562, it is likely to enter the mid- to long-term investment area.

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** 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 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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[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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