Downtrend before uptrend, uptrend before downtrend...

Updated
Hello?
Traders, welcome.

If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.

-------------------------------------

(USDT 1D chart)
snapshot

(USDC 1D chart)
snapshot

We need to see if the gap rise of USDT and USDC can continue to occur.


(BTC.D 1D chart)
snapshot
During the volatility period around December 10 (December 9-11), we need to see if there is a move out of the 40.44-41.06 zone.


(USDT.D 1D chart)
snapshot
The question is whether it can find resistance at 8.11-8.22 and drop below 7.86.

Around December 10th is a period of volatility.

---------------------------------------

(BTCUSDTPERP 1D Chart)
snapshot
Even as the StochRSI indicator falls below the center line, the price continues to rise.

Therefore, if the price is maintained above the MS-Signal indicator even when the StochRSI indicator enters and exits the oversold zone, it is expected to lead to further upside.

If this week's candlestick closes above 17170.0, the next important support and resistance point (an apt move) is expected to be around 17864.7.

Therefore, it is worth keeping a close eye on the movement during this period of volatility, December 9th-11th.


As long as it does not fall below 16422.6, the new change is expected to be maintained.


Since the decline started in the overbought zone, the question is whether it can find support around the trend-based Fibonacci extension of 1.27 (16984.9) - 17170.0.

If not, we need to see if we can keep the price above 16422.6.


The circled zones on the chart are important support and resistance zones.


(1h chart)
The circled zones on the chart are important support and resistance zones.


If the price is maintained above the M-Signal line of the 1D chart and above 17170.0, the main position is 'LONG'.

Therefore, a quick response is required when entering the 'SHORT' position.


With support above 17170.0 and a rise above 17302.2, I would expect a move towards 17670.0.

If this is not the case and it declines, you need to check if it is supported near the M-Signal line on the 1D chart.

If support is not received near the M-Signal line on the 1D chart again, there is a high possibility that it will fall around 16422.6, so you need to think about countermeasures.


The 17302.2 point is a point where support and resistance lines, which represent important meanings on various time frame charts, are formed, so I think that breaking this point upward means that there is power to rise.


If it falls below 16422.6 and encounters resistance,
1st: 15908.2
2nd: 15328.7
3nd: 14824.3
You need to make sure that you are supported nearby.

------------------------------

- 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.

** SR_R_C 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.)

---------------------------------
Note
(NAS100USD + DXY + XAUUSD 1D Chart)
snapshot
It is showing an upward trend in the pull back pattern section mentioned on the NAS100USD chart.

Therefore, whether it can be supported in 11578.2 is the key.
Note
(USDT 1D chart)
snapshot

(USDC 1D chart)
snapshot

If gap declines continue to occur in USDT and USDC, the possibility of a sharp decline in the coin market increases.

If the BTC price shows an upward trend and the altcoin rises, I think it is better to reduce the number of coins (tokens) you own than to buy new ones.

Institutions or whales that operate large funds can burn funds in the coin market to increase prices and take their funds out of the coin market.

Therefore, it is recommended to proceed with the above trading method until these movements are resolved.
Note
(NEOBTC 1W chart)
snapshot
Bollinger Bands (60) are starting to contract.

So, the question is whether it can rise above 0.000472 around the week of December 26th.

In order to obtain the power of the rise, you must rise above 0.000803, but it is expected that you will release some of the power you have stored up to obtain that power.


(NEOUSDT 1W Chart)
snapshot
When it comes out as the movement of the NEOBTC chart, it is important whether it is supported in the 11.66-14.0 section or higher.
Note
(EOSBTC 1W Chart)
snapshot
The key is whether it can rise above 0.0000 736 to gain strength.

Accordingly, we need to see if it can rise above 0.0000 599 around the week of December 26th.


NEO and EOS are coins that form an independent ecosystem.

Therefore, the main trading methods are coins that require short-term response.


The reason for introducing these coins is that they should be discarded in this or the upcoming bull market.

Those who currently hold it should create a trading strategy with a focus on how to reduce losses and get out of the rising market with profits.
Beyond Technical AnalysisBitcoin (Cryptocurrency)BTCbtcdominanceBTCUSDBTCUSDTBTCUSDTPERPTechnical IndicatorsTrend AnalysisUSDCusdtusdtdominance

Other content (coins, stocks, etc.) is frequently posted on X.
X에 다른 내용(코인, 주식 등)이 자주 게시됩니다.
Also on:

Related publications

Disclaimer