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Gas (GAS) – October 13 for BINANCE:GASUSD by readCrypto

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If you are not investing in NEO coin, it is recommended to trade from a short-term perspective.

(GASUSD 1W Chart) – Mid-Long-Term Perspective

Above the 2.7958587-4.5773071 section: The upward trend is expected to continue

(1D chart)

First resistance zone: near the 9.3918546 point

Second resistance section: 12.2783948-13.7215147 section

Support section: 5.0621946-6.505416

We need to see if we can break out of the downtrend line by holding the price in the 9.3918546-12.2783948 zone.

If it rises in the second resistance section, the uptrend is expected to accelerate.

If it falls from the support zone , it may enter the mid- to long-term investment zone, so careful trading is required.

However, it is necessary to touch the 2.7958587-4.5773071 section and check whether it rises to the support section with a sharp rise.

I think this is a move that shows that it is forming a strong support zone .

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( GASBTC 1W chart)

(Enlarge: https://www.tradingview.com/x/Aqu9EIp7/)
Above 0.0004990 point: Expected to create a new wave.

(1D chart)

It is important to have support in the 0.0001440-0.0001753 zone.

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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 the 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 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 yet been released.

(Because it is not public, 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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