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Theta Network (THETA) - June 7

BINANCE:THETAUSD   Theta Token
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(THETAUSD 1W Chart)
If support is found above the 7.12330856 point, we expect the uptrend to continue.

(1D chart)
We should see support at the 8.78208911 point and see if we can move above the 9.87327158 point.

If it falls from the 6.59972404 point, Stop Loss is required to preserve profit and loss.

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(THETABTC 1W chart)
It remains to be seen if the price can be maintained above the 18665 Satoshi-20984 Satoshi section.

Since it touched near the 12434 Satoshi point and rose, I think the possibility of a second wave of an upward wave falling below the 12434 Satoshi point is open.

If the 12434 Satoshi point is falling to find support, it is important to see if it can move up along the uptrend line (1).

(1D chart)
We will have to wait and see if we can move above the 25631 Satoshi point along the uptrend line.

If it falls from the 17437 Satoshi point, Stop Loss is required to preserve profit and loss.

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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 with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** 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.)
** See support, resistance, and abbreviation points.
** 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.

Explanation of abbreviations displayed in 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 section where you can buy to make a profit as a support point or section.

(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.)

GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)

[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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