As the price rises, we need to make sure we get support in the 18837.5-18989.5 range.
If it falls from 18280.5, it is a short-term Stop Loss.
From the CCI-RC indicator, it is expected that the CCI line will hit the EMA line in the near future as it falls below the uptrend line (B). As a result, volatility may occur, so careful trading is necessary.
You should watch for any movement that deviates from 18280.5-19287.5.
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(BTC Dominance 1D Chart) We have to see if we can move down the 61.20-62.12 range.
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(USDT Dominance 1D Chart) We have to see if we can get below the 3.285 point.
** 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 must 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 are not trading 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 Following the explanation of the 1D chart, we have posted a short-term strategy for the movement out of the 18821.0-18962.0 section.
(LONG) Entry point: When exceeding the 18962.0 point Target point: 19149.5 points or higher Stop Loss: 18821.0 point
(SHORT) Entry point: When breaking below the 18821.0 point Target point: 18600.5 point or less Stop Loss: 18962.0 point
Note
(OKEX BTCUSDTPERP 1h chart)-Short term strategy We published a short-term strategy covering the interval 18730.0-18959.9.
(LONG) Entry point: When breaking above the 19056.4 point Target point: 19205.1 point or higher Stop Loss: 18959.9 points
(SHORT) Entry point: When breaking below 18730.0 point Target point: 18564.2 point or less Stop Loss: 18791.4 point
Note
(BTC Dominance 1D Chart) After touching the 61.20-62.12 section, it is rising above the 63.38 point. We have to see if we can get below the 63.38 point. If it does not fall below the 63.38 point, the trend of the coin market is expected to turn downward.
(USDT Dominance 1D Chart) You touched more than 3.760 points in the period from 20 to 27 November. It remains to be seen if it could fall below the 3.760 point around November 27 (November 26-28), the last volatility period of this period.
If it gains support and rises in the 3.760-4.390 range, the trend of the coin market is expected to turn into a downtrend.
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When viewed on the BTC dominance chart and the USDT dominance chart, there is a high likelihood of a downtrend.
As I mentioned in the description of the Binance BTCUSDT chart, if it falls from 17176.24 due to volatility around November 26th, it is a Stop Loss to preserve profit and loss. However, it may be a temporary movement due to volatility at this time, so it is recommended to check the flow through the 27th.
If the valuation price is high and it is difficult to withstand a lot of declines, I think it is necessary to think about how to preserve profits and losses by split trading when there is a move to decline after rising above 17176.24 points on the Binance BTCUSDT chart.
(Binance BTCUSDT 1D chart) We'll have to see if we can ascend faster than 16882.16. If you touch the uptrend line (5) and the 16021.72 point, there is a possibility of a rebound.
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