Bitcoin (BTC, including short-term strategy) - December 1
Updated
Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
(1W chart)
We need to see if it breaks above the 20093.0 point to update the New High.
The 18195.0 point on the 1W chart is forming a new support and resistance point.
So, if you fall from the 17422.0-18195.0, which forms the highest of the highs, you need to trade to preserve your profit and loss.
(1D chart)
I think the break above the 19287.5 point exploded expectations for further upside.
We have to see if we can get support at 19287.5 and break above the 20093.0 point.
If it falls from 19287.5, it is a short-term Stop Loss.
The expected point for further upside is 22000.0 and is projected to be between 22261.5-22925.0.
In order to continue this trend, we need to see if it rises along the uptrend line (1).
It rose again above the 19287.5 point, so if it falls below the 18195.0 point, you need to trade to preserve the profit and loss.
The next most likely period of volatility between November 28 and December 11 is around December 3 (December 2-4), reaffirming support for the 19287.5 point and the uptrend line (1). There is a possibility.
The resulting volatility should be checked for movement outside the 18195.0-20093.0 range.
------------------------------------------
(BTC Dominance 1D Chart)
You should check for any movement that deviates from 62.12-63.38.
If I get resistance at the uptrend line (5), I expect further declines.
To prevent the upward trend of BTC dominance win, it should fall below 62.12 point
--------------------------------------------
(USDT Dominance 1D Chart)
We have to see if we can get below the 3.285 point.
The uptrend line (5) is the uptrend line that began in March, and it remains to be seen if it will fall below the trendline and create a new wave.
We need to see if we can touch the 2.754 spot marked by the odd sign that occurred on October 31st.
As a personal trader, I think it is the USDT Dominance Chart that lets you know the flow of money in the coin market, even if it is limited.
-------------------------------------------------- -------------------------------------------
** 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 should 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 do not trade 24 hours a day.
G1: closing price when closed
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
(1W chart)
We need to see if it breaks above the 20093.0 point to update the New High.
The 18195.0 point on the 1W chart is forming a new support and resistance point.
So, if you fall from the 17422.0-18195.0, which forms the highest of the highs, you need to trade to preserve your profit and loss.
(1D chart)
I think the break above the 19287.5 point exploded expectations for further upside.
We have to see if we can get support at 19287.5 and break above the 20093.0 point.
If it falls from 19287.5, it is a short-term Stop Loss.
The expected point for further upside is 22000.0 and is projected to be between 22261.5-22925.0.
In order to continue this trend, we need to see if it rises along the uptrend line (1).
It rose again above the 19287.5 point, so if it falls below the 18195.0 point, you need to trade to preserve the profit and loss.
The next most likely period of volatility between November 28 and December 11 is around December 3 (December 2-4), reaffirming support for the 19287.5 point and the uptrend line (1). There is a possibility.
The resulting volatility should be checked for movement outside the 18195.0-20093.0 range.
------------------------------------------
(BTC Dominance 1D Chart)
You should check for any movement that deviates from 62.12-63.38.
If I get resistance at the uptrend line (5), I expect further declines.
To prevent the upward trend of BTC dominance win, it should fall below 62.12 point
--------------------------------------------
(USDT Dominance 1D Chart)
We have to see if we can get below the 3.285 point.
The uptrend line (5) is the uptrend line that began in March, and it remains to be seen if it will fall below the trendline and create a new wave.
We need to see if we can touch the 2.754 spot marked by the odd sign that occurred on October 31st.
As a personal trader, I think it is the USDT Dominance Chart that lets you know the flow of money in the coin market, even if it is limited.
-------------------------------------------------- -------------------------------------------
** 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 should 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 do not trade 24 hours a day.
G1: closing price when closed
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Note
CME Bitcoin (BTC1!) 1D ChartIt started with an increase in the gap (19730.0-19800).
It remains to be seen if it can rise above 19965.0 points.
If it falls at 18850.0 point, you need to trade to preserve profit and loss.
Note
We are not posting short term strategies today.Note
(XBTUSD 1D chart)If it falls below the 18195.0 point, it is a short-term Stop Loss.
This is because it is a possible entry point formed among the highest points, and if it falls from this entry point, it is likely to act as a strong resistance.
If support is gained at the 18751.0 point formed at this point, further gains are expected to rise above the 20093 point.
We need to see if it can rise along the uptrend line (1).
It is expected that this movement will continue to occur frequently in the future.
Mechanical Stop Loss must be set before this movement occurs.
Otherwise, even if it turns downward, you may not be able to sell and you may be forced to hold.
Other content (coins, stocks, etc.) is frequently posted on X.
X에 다른 내용(코인, 주식 등)이 자주 게시됩니다.
X에 다른 내용(코인, 주식 등)이 자주 게시됩니다.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.