Bitcoin (BTC) - June 16
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(BTCUSDT 1W Chart)
Resistance: 27033.35-29812.52
Support: around 21475.02
The sections 13137.51-15916.68, 27033.35-29812.52, 46487.52-49266.69, and 60383.36-63162.53 are the sections that determine the trend.
Looking at the current location, the section 15916.68-27033.35 is the sidewalk section and the point 21475.02 is the middle point of the sidewalk section.
Therefore, the sidewalk section is divided into the lower sidewalk section (15916.68-21475.02) and the upper sidewalk section (21475.02-27033.35).
Therefore, it is important to find support near 21475.02.
If support is not found near 21475.02, there is a possibility of a decline towards the 13137.51-15916.68 section.
I would expect a rebound if it finds support near 21475.02, where the key is whether it can break through the uptrend line.
(1D chart)
You need to make sure it can be supported on 21475.02 or higher.
You should also check to see if you can move above the uptrend line.
The next volatility period is around July 13th.
Once the BTC price stops falling and starts to go sideways, altcoins are expected to surge.
This is because BTC dominance is showing a downward trend.
You need to think about whether you can increase the number of coins (tokens) you hold with short-term trading.
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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 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.)
---------------------------------
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(BTCUSDT 1W Chart)
Resistance: 27033.35-29812.52
Support: around 21475.02
The sections 13137.51-15916.68, 27033.35-29812.52, 46487.52-49266.69, and 60383.36-63162.53 are the sections that determine the trend.
Looking at the current location, the section 15916.68-27033.35 is the sidewalk section and the point 21475.02 is the middle point of the sidewalk section.
Therefore, the sidewalk section is divided into the lower sidewalk section (15916.68-21475.02) and the upper sidewalk section (21475.02-27033.35).
Therefore, it is important to find support near 21475.02.
If support is not found near 21475.02, there is a possibility of a decline towards the 13137.51-15916.68 section.
I would expect a rebound if it finds support near 21475.02, where the key is whether it can break through the uptrend line.
(1D chart)
You need to make sure it can be supported on 21475.02 or higher.
You should also check to see if you can move above the uptrend line.
The next volatility period is around July 13th.
Once the BTC price stops falling and starts to go sideways, altcoins are expected to surge.
This is because BTC dominance is showing a downward trend.
You need to think about whether you can increase the number of coins (tokens) you hold with short-term trading.
------------------------------------------------------------ -----------------------------------------------------
** 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 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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