BINANCE:MATICUSDT   MATIC Network / TetherUS
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(MATICUSDT 1W Chart)
Primary resistance: around 2.441
Secondary resistance: 3.049-3.252

Support: around 1.225

It is necessary to confirm that it is supported and can rise in the 1.630-1.833 section.



(1D chart)
At points 1.896 and 2.360, the indicator is inverted.

Therefore, careful trading is necessary as there is a high probability of a shake up and down to convert the indicator.

(buy)
- After confirming the support around 1.630
- After confirming the support around 1.833

(Stop Loss)
- When it drops from 1.506 and receives resistance

(Sell)
- When receiving resistance in the range of 2.360-2.550
- When resistance is received in the section 3.049-3.252

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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 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/
Penafian

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