Bitcoin (BTC) - November 22
Updated
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(USDT 1D chart)
(USDC 1D chart)
It appears to have created a long tail on the USDT chart.
Time will tell if this tail is real or not.
What the rapid flow of money tells us is that volatility is just as likely to occur.
(BTC.D 1D chart)
What the BTC dominance chart can tell you is whether funds are currently concentrated towards BTC or towards altcoins.
The volatility period of November 21-23 on the BTC dominance chart.
(USDT.D 1D chart)
The rise in USDT dominance tells us that the coin market is likely to go down.
Therefore, when we see a decline in USDT dominance, the coin market is more likely to show an uptrend.
In this sense, the key is whether USDT dominance can fall below 7.86.
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(BTCUSDTPERP 1D Chart)
The key to any trading strategy is determining the investment period.
This is because the investment size and trading method can be determined by setting the investment period.
By the way, what makes it possible to set the investment period is to judge whether it is located at an important support and resistance point in the current chart flow.
It does not matter whether the current price trend is in an uptrend or a downtrend.
In the coin market, unlike the stock market, the price flow of one coin, that is, BTC, is different for each exchange (price, trading volume, etc.).
Therefore, I think that the way to trade in the coin market has no choice but to follow the trend.
However, not all trades can be traded with trend lines or analytical techniques that fall under trends.
This is because when that happens, you are more likely to lose money on volatility and whipsaw movements.
Therefore, while trading following the trend, there must be support and resistance points (an apt move) that trigger the trade.
My chart includes indicators to help me find these points of support and resistance (an apt move).
By creating a trading strategy at an apt move, you can set up a more accurate trading method.
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It broke the sideways section of 15908.2-17170.0 and fell.
Therefore, the key is whether it can be supported around 15328.7 and rise above 15908.2.
If not, it could lead to further declines, so you need to think about how to counteract it.
The question is whether the HA-Low line can receive support around 16729.8, the newly formed point, and rise above 17170.0.
If not, it's important to be able to move sideways on the 15908.2-17170.0 section.
The next period of volatility is around November 26th.
So, we need to see if we can keep the price above 16729.8 until the volatility period.
However, the overall volatility period on the BTC.D, BTCUSDT and BTCUSDTPERP charts is November 21-29.
(1h chart)
The circled zones on the chart are important support and resistance zones.
If the price is below the M-Signal line on the 1D chart, the main position is 'SHORT'.
Therefore, a quick response is required when entering a 'LONG' position.
Since it touched around 15328.7 to 1.618 (15480.8), it is important to quickly rise above 15908.2 and get support.
If not, it will show the sideways movement seen since November 14th, which is likely to lead to further declines.
A move above 15908.2 should lead to a move above the 5EMA line on the 1D chart.
If not, it means that the strength of the rebound is that weak, so I think it is highly likely to lead to further declines.
If there is an attempt to break through the 5EMA line, it must succeed this time.
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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.
-------------------------------------------------- -------------------------------------------
** 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.)
---------------------------------
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(USDT 1D chart)
(USDC 1D chart)
It appears to have created a long tail on the USDT chart.
Time will tell if this tail is real or not.
What the rapid flow of money tells us is that volatility is just as likely to occur.
(BTC.D 1D chart)
What the BTC dominance chart can tell you is whether funds are currently concentrated towards BTC or towards altcoins.
The volatility period of November 21-23 on the BTC dominance chart.
(USDT.D 1D chart)
The rise in USDT dominance tells us that the coin market is likely to go down.
Therefore, when we see a decline in USDT dominance, the coin market is more likely to show an uptrend.
In this sense, the key is whether USDT dominance can fall below 7.86.
---------------------------------------
(BTCUSDTPERP 1D Chart)
The key to any trading strategy is determining the investment period.
This is because the investment size and trading method can be determined by setting the investment period.
By the way, what makes it possible to set the investment period is to judge whether it is located at an important support and resistance point in the current chart flow.
It does not matter whether the current price trend is in an uptrend or a downtrend.
In the coin market, unlike the stock market, the price flow of one coin, that is, BTC, is different for each exchange (price, trading volume, etc.).
Therefore, I think that the way to trade in the coin market has no choice but to follow the trend.
However, not all trades can be traded with trend lines or analytical techniques that fall under trends.
This is because when that happens, you are more likely to lose money on volatility and whipsaw movements.
Therefore, while trading following the trend, there must be support and resistance points (an apt move) that trigger the trade.
My chart includes indicators to help me find these points of support and resistance (an apt move).
By creating a trading strategy at an apt move, you can set up a more accurate trading method.
-------------------------------------------------- -
It broke the sideways section of 15908.2-17170.0 and fell.
Therefore, the key is whether it can be supported around 15328.7 and rise above 15908.2.
If not, it could lead to further declines, so you need to think about how to counteract it.
The question is whether the HA-Low line can receive support around 16729.8, the newly formed point, and rise above 17170.0.
If not, it's important to be able to move sideways on the 15908.2-17170.0 section.
The next period of volatility is around November 26th.
So, we need to see if we can keep the price above 16729.8 until the volatility period.
However, the overall volatility period on the BTC.D, BTCUSDT and BTCUSDTPERP charts is November 21-29.
(1h chart)
The circled zones on the chart are important support and resistance zones.
If the price is below the M-Signal line on the 1D chart, the main position is 'SHORT'.
Therefore, a quick response is required when entering a 'LONG' position.
Since it touched around 15328.7 to 1.618 (15480.8), it is important to quickly rise above 15908.2 and get support.
If not, it will show the sideways movement seen since November 14th, which is likely to lead to further declines.
A move above 15908.2 should lead to a move above the 5EMA line on the 1D chart.
If not, it means that the strength of the rebound is that weak, so I think it is highly likely to lead to further declines.
If there is an attempt to break through the 5EMA line, it must succeed this time.
------------------------------
- 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
(BTCUSDT 1D chart)Note
(FIDAUSDT 1D Chart)This is the chart I saw on the live broadcast today.
It is not important how far it will rise, but you should look at the chart with the focus on how to create a trading strategy and make a profit.
It is important to buy when support is confirmed in the 0.5810-0.6250 range or higher, and to earn profits by splitting and selling when the price rises.
When selling in installments, you should think about whether to expect a greater uptrend by selling the funds corresponding to the original amount you bought, or whether to sell in installments to get cash profits.
You just need to create a trading strategy that suits your purpose for trading these tokens (short, medium, long term, etc.).
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