Solana (SOL) – Aug 30 For BINANCE: SOLUSD By ReadCrypto – Todayuknews – Todayuknews

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——————————————-

(SOLUSD 1W diagram)

There is practically nothing to be found in this table.

However, if the price is held above the range of 19.0361979-24.561629, the upward trend is only expected to continue.

(1D diagram)

It remains to be seen whether the 92.6102571-97.1808402 section can find support and ascend.

If it goes down you should see support above the 83.4690903 point.

——————————————-

(SOLBTC 1W diagram)

snapshot

If the price holds above the 0.0004228 point, the uptrend is expected to continue.

Especially if the price is above the Support zone has formed near the 0.0008297 point (0.0006121-0.001), a new wave is expected to arise.

(1D diagram)

snapshot

It remains to be seen whether the price can hold out above the 0.0019318 point.

If the price continues to rise above the 0.0019318 point, I would expect it to redirect into the 0.0021402 to 0.0022444 range.

If it is going down you should check if there is support in the 0.0016193 to 0.0017235 range.

————————————————

We recommend that you trade with your average unit price.

This is because if the price is below your average unit price, whether in an uptrend or a downtrend, the chances are high that you will not be able to make a big profit because of the psychological distress.

The midpoint of all trading starts with the average unit price at which you start trading.

If you ignore this, you may be acting in the wrong direction.

It is therefore important to find a way to lower the average share price and adjust the proportion of the investment so that the funds corresponding to the profits can ultimately regenerate themselves.

—————————————————————————————————————–

** All indicators are trailing indicators.

Hence, it is important to know that the indicator moves according to the price movement and volume .

For the sake of simplicity, however, when interpreting the indicator, we speak the other way around.

** The wRSI_SR indicator is an indicator that can be obtained by adding settings and options to the existing Stochastic RSI Indicator.

Hence the interpretation is the same as the traditional one Stochastic RSI Indicator. (K, D line -> R, S line)

** The OBV indicator was recreated by applying a formula to the DepthHouse Trading indicator, an indicator published by oh92. (Thanks for that.)

** See support, resistance and cut-off points.

** Support or resistance based on the closing price on the 1D chart.

** All descriptions are for reference only and do not guarantee any gain or loss on the investment.

Explanation of the abbreviations shown in the table

R: A point or section of resistance that requires reaction in order to gain gains.

SL: Stop Loss Point or Section

S: A point or section that you can buy as a support point or section to make a profit.

(Short term stop loss can be referred to as a point where gains and losses can be obtained or additional inputs can be made through split trading. It is a short term investment perspective.)

GAP refers to the price difference that occurred when the stock market, CME , and BAKKT exchanges have closed because they are not trading around the clock.

G1: closing price when closed

G2: opening price

(Example) gap (G1-G2)


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