Bitcoin-significant volatility period (around December 11-18)-3
Updated
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We have to see if we can quickly climb above the 18195.0 point.
During the critical volatility period, around December 11-18, we need to watch for movements that deviate from the 17422.0-18751.0 range.
You need to see if you can climb along the uptrend line (2).
You should also check if you can get support at 18195.0.
If it falls at 17422.0, you need a Stop Loss to preserve profit or loss.
However, since 15979.0 is the point that we consider to be a downtrend turning point, careful trading is necessary.
If you buy again because the price increases after the Stop Loss has occurred, there is no meaning of Stop Loss.
These trades add more psychological pressure, which can lead to bad trades.
What must be done to prevent this is split trading.
In addition, there must be some extra funds on hand.
During periods of volatility, I think it is a good idea to stop trading for a while and check the market flow.
This is because double losses due to fakes can be avoided.
If you set a minimum Stop Loss point of your own coins, the ratio of Stop Loss and the number of divisions, etc., and some set a reservation order, I think that you can cope well without panic when a sudden movement occurs.
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(BTC Dominance 1D Chart)
We have to see if we can get below the 63.38 point.
If I get resistance at the uptrend line (5), I think there is a chance it will fall below the 63.38 point.
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(USDT Dominance 1D Chart)
We need to see if we can get resistance and fall at the uptrend line (1) or at 3.760.
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** 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: Closed price
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.
-------------------------------------------------- -----
We have to see if we can quickly climb above the 18195.0 point.
During the critical volatility period, around December 11-18, we need to watch for movements that deviate from the 17422.0-18751.0 range.
You need to see if you can climb along the uptrend line (2).
You should also check if you can get support at 18195.0.
If it falls at 17422.0, you need a Stop Loss to preserve profit or loss.
However, since 15979.0 is the point that we consider to be a downtrend turning point, careful trading is necessary.
If you buy again because the price increases after the Stop Loss has occurred, there is no meaning of Stop Loss.
These trades add more psychological pressure, which can lead to bad trades.
What must be done to prevent this is split trading.
In addition, there must be some extra funds on hand.
During periods of volatility, I think it is a good idea to stop trading for a while and check the market flow.
This is because double losses due to fakes can be avoided.
If you set a minimum Stop Loss point of your own coins, the ratio of Stop Loss and the number of divisions, etc., and some set a reservation order, I think that you can cope well without panic when a sudden movement occurs.
-------------------------------------------
(BTC Dominance 1D Chart)
We have to see if we can get below the 63.38 point.
If I get resistance at the uptrend line (5), I think there is a chance it will fall below the 63.38 point.
----------------------------------------------
(USDT Dominance 1D Chart)
We need to see if we can get resistance and fall at the uptrend line (1) or at 3.760.
-------------------------------------------------- -------------------------------------------
** 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: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Note
(XBTUSD 1h chart)-Short term strategy
We need to see if we can keep the price above the downtrend line (7) or 17950.5
We believe the important support zone at our current location is the 17617.0-17834.0 range.
Therefore, we have published a short-term strategy that includes this segment.
During periods of volatility, it is not expected to be easy to enter into a short-term strategy.
If you enter once, it is recommended not to enter the situation itself, saying that you cannot continue checking the situation because you have to check the situation until it is liquidated.
(LONG)
1. Entry point: When breaking above the 18492.0 point
Target point: 18751.0 point or higher, 2nd 19149.5 point or higher
Stop Loss: 18327.5 point
(However, you can enter after the time indicated on the chart (December 12, 12:00 (UTC), 21:00 (KST)).
If it falls without breaking above the uptrend line (4), it is Stop Loss.)
2. Entry point: When it exceeds 17834.0 point
Target point: 18195.0 point or higher
Stop Loss: 17683.5 points
(SHORT)
1. Entry point: When breaking below 18195.0
Target point: 17834.0 point or less
Stop Loss: 18492.0 point
2. Entry point: When breaking below 17617.0 point
Target point: 17422.0 points or less, 2nd 16886.0 points or less
Stop Loss: 17757.5 points
Note
(OKEX BTCUSDTPERP 1h chart)-Short term strategy
During periods of volatility, it is not expected to be easy to enter into a short-term strategy.
If you enter once, it is recommended not to enter the situation itself, saying that you cannot continue checking the situation because you have to check the situation until it is liquidated.
(LONG)
1.Entry point: When breaking above the 18461.1 point
Target point: 18791.4 points or higher, 2nd 19115.5 points or higher
Stop Loss: 18296.0 point
2. Entry point: When breaking above 17800.6 point
Target point: 18136.6 points or higher
Stop Loss: 17676.9 points
(SHORT)
1.Entry point: When breaking below 18296.0 point
Target point: 17800.6 point or less
Stop Loss: 18461.1 point
2. Entry point: When breaking down from 17589.5 point
Target points: 1st 17305.2 points or less, 2nd 16809.8 points or less
Stop Loss: 17736.1 point
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