(The chart that has been used for over two years has been replaced with a new chart.)
You need to make sure you can get the support at point 18950.0. Also, we have to see if it can rise above the 19798.68 point.
If it falls, you need to make sure you get support from 18179.80-18476.93.
Short-term Stop Loss point: When falling from 17892.0 point
Since it is a period of volatility (November 24-26), you should carefully check the movement of the coin market.
You can see that altcoins' price fluctuations have increased as the BTC price moves. This could be a move to make a bigger ascent. However, it is also a move to decline in the end.
You need to prepare for a plunge by setting Stop Loss according to changes in the chart flow.
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(Coinbase BTCUSD 1D chart) We need to see if we can get support from 18193.29-18488.0 and climb above 19378.99.
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(OKEX BTCUSDT 1D chart) We have to see if we can get support from 18146.3-18381.4 and climb above 19667.3.
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(BTC Dominance Chart) We have to see if we can sideways down to 61.20-62.12.
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(USDT Dominance Chart) We have to see if we can get below the 3.285 point. You should also check if you can fill the gap (2.726-3.596) that occurred on August 31st.
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(OTHERS Dominance 1D Chart) (Dominance chart of all altcoins except BTC and major coins)
We need to see if we can move above 7.77 and break off the downtrend line.
** 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 and losses can be preserved or additionally entered through installment trading. You must trade from 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 trading 24 hours a day. G1: Closed price G2: Market price at the time of opening (Example) Gap (G1-G2)
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