Bitcoin (BTC) - November 21
Updated
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(USDT 1W chart)
(USDC 1D chart)
We believe that the gap between USDT and USDC is a sign of money flowing into the coin market.
The key is how much price defense the funds that have entered the coin market through USDC will have.
(BTC.D 1D chart)
With the volatility around November 22nd, the key is whether it will rise above the 41.06 point, the first point.
The rise in BTC dominance means that funds are being concentrated towards BTC.
Accordingly, it can be seen that altcoins are falling more than BTC prices are falling.
It is unknown how the BTC dominance will rise, but for the coin market to appear in an uptrend, it must either fall below 39.56 to meet resistance or rise above 43.40 to meet resistance.
For a longer uptrend, a move above 43.40 would be good for resistance.
However, there is a high possibility that pain will follow until you rise to that interval.
(USDT.D 1D chart)
The key is whether it can drop to around 7.86.
On the USDT dominance chart, the volatility period is around November 26th.
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(BTCUSDT 1W chart)
It is necessary to check whether the sidewalk can be continued from the 15916.68-17572.33 section until the second week of January.
If not, the trend is likely to continue in the direction of a breakout.
(1D chart)
In order to turn into an uptrend, the price must rise above the HA-Low line and above the MS-Signal indicator.
Therefore, the question is whether it can continue its sideways movement until the MS-Signal indicator declines in the 15475.10-17572.33 section.
If not, you need to see if it shows a swinging up and down as an additional drop.
If there is a drop below 15475.10, there is a possibility of a pullback around 13137.51, so you need to think about how to deal with it.
Circled zones mark important support and resistance zones.
In this section, the trend may change depending on whether it is supported or resisted, so it is necessary to observe the movement carefully.
The next period of volatility is around November 28th.
Taking the BTC.D, USDT.D, BTCUSDT, and BTCUSDTPERP charts together, we expect the next period of volatility to span around November 22-28 (November 21-29).
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- big picture
I think you need to be supported in the 13K-15K section to get the power to rise.
Therefore, whether it is rising or falling from its current position, a short-term response is required.
A full-fledged uptrend is expected to start when it rises above 29K.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(USDT 1W chart)
(USDC 1D chart)
We believe that the gap between USDT and USDC is a sign of money flowing into the coin market.
The key is how much price defense the funds that have entered the coin market through USDC will have.
(BTC.D 1D chart)
With the volatility around November 22nd, the key is whether it will rise above the 41.06 point, the first point.
The rise in BTC dominance means that funds are being concentrated towards BTC.
Accordingly, it can be seen that altcoins are falling more than BTC prices are falling.
It is unknown how the BTC dominance will rise, but for the coin market to appear in an uptrend, it must either fall below 39.56 to meet resistance or rise above 43.40 to meet resistance.
For a longer uptrend, a move above 43.40 would be good for resistance.
However, there is a high possibility that pain will follow until you rise to that interval.
(USDT.D 1D chart)
The key is whether it can drop to around 7.86.
On the USDT dominance chart, the volatility period is around November 26th.
-----------------------------------------
(BTCUSDT 1W chart)
It is necessary to check whether the sidewalk can be continued from the 15916.68-17572.33 section until the second week of January.
If not, the trend is likely to continue in the direction of a breakout.
(1D chart)
In order to turn into an uptrend, the price must rise above the HA-Low line and above the MS-Signal indicator.
Therefore, the question is whether it can continue its sideways movement until the MS-Signal indicator declines in the 15475.10-17572.33 section.
If not, you need to see if it shows a swinging up and down as an additional drop.
If there is a drop below 15475.10, there is a possibility of a pullback around 13137.51, so you need to think about how to deal with it.
Circled zones mark important support and resistance zones.
In this section, the trend may change depending on whether it is supported or resisted, so it is necessary to observe the movement carefully.
The next period of volatility is around November 28th.
Taking the BTC.D, USDT.D, BTCUSDT, and BTCUSDTPERP charts together, we expect the next period of volatility to span around November 22-28 (November 21-29).
------------------------------
- big picture
I think you need to be supported in the 13K-15K section to get the power to rise.
Therefore, whether it is rising or falling from its current position, a short-term response is required.
A full-fledged uptrend is expected to start when it rises above 29K.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
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Note
(DXY 1W chart)The key question is whether it can drop below the 106.544-108.510 zone.
(NAS100USD 1W chart)
Whether it can rise above 11942.9 is a big question.
Note
(BTCUSDTPERP 1h chart)There was a fifth attempt to break through the 5EMA line on the 1D chart, but in the end it failed.
As such, further declines are likely to occur.
However, if it falls below 15908.2, it is necessary to check whether there is a sudden movement.
Note
(USDT 1D chart)(USDC 1D chart)
USDT's decline has outpaced USDC's rise.
It seems that more funds have withdrawn from the coin market.
Note
(XAUUSD 1W chart)The question is whether it can lead to a move out of the 1711.011-1780.619 interval.
(1D chart)
If it fails to rise above 1751.550, I would expect a decline around 1711.011.
Note
(BTCUSDTPERP 1h chart)The key is whether an attempt can be made to break through the MS-Signal indicator upward.
If not, I would expect resistance near 16161.1 and a decline below 15908.2.
If the MS-Signal indicator is successfully broken upward, it is important to be able to break through the 5EMA line on the 1D chart.
Therefore, it is necessary to check whether it can rise above 16366.1.
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