Polkadot (DOT) - June 7

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(DOTUSDT 1W Chart)
The section below 9.26-10.13 may be a mid- to long-term investment area.

To create a new wave, it must rise above 19.37.


(1D chart)
In the short and medium term, it needs to move above 10.13 and find support to turn into an uptrend.

However, since the MACD-P indicator point is formed at 11.03, the key is whether it can rise above this point.

If it falls below the 8.71-9.26 range, it may lead to further declines, so you need to trade cautiously.

(buy)
- After confirming the support in 11.03

(Stop Loss)
- When it falls below 10.13 and receives resistance
- When it falls below the 8.71-9.26 section

(Sell)
- When receiving resistance near 13.64
- When receiving resistance in the section 17.98-19.37

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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move 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-T indicator used in the chart is an indicator of our channel that has not been released yet.
** 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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