It remains to be seen if the volatility around February 18th (February 17th-19th) leads to a movement that deviates from the 21.592-26.376 range. In particular, we have to see if we can get support and climb at 23.984.
If you fall from 23.984 point, you can touch 21.592 point, so you need to trade carefully.
If it falls between 20.397-21.592, a short stop loss is required.
On the CCI-RC indicator, it remains to be seen whether the CCI line can break above the EMA line. If the CCI line falls below 100 points, there is a possibility of a sharp decline.
** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Hence, the interpretation is the same as the conventional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula from the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart 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 segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits or losses can be preserved or additionally entered through installment transactions. 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 do not trade 24 hours a day. G1: Closed price G2: Market price at the time of opening (Example) Gap (G1-G2)
It remains to be seen if it can rise along the uptrend line or gain support and rise between 20.397-21.592.
If SNX's price correction due to BTC's price shake, it is expected to gain support in the 20.397-21.592 range and volatility around the date and time indicated on the chart.
Skynguyen160796
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