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Bitcoin (BTC) - May 20 (New Start - Last Day)Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDT 1W chart) We must see if it can rise above the 45135.66 point by ascending along the uptrend line (2). The 28923.63 point is a strong support point, and you should make sure that it is supported in the 28923.63-32259.90 section. (1D chart) This is the last day to publish the title of a new beginning. We'll have to see if we can get support and climb at 40586.96-41950.0. If it falls, it remains to be seen if it can gain support at 38150.02 and move up along the uptrend line (2). In order to turn to an uptrend, it must rise above the 50736.52 point and be supported. If you go down from 38150.02, you can touch below 32974.79, so you need to trade carefully. The next volatility period is around June 1. (BTCUSDTPERP 1h chart) (UTC) Check the movement before and after the time indicated on the chart. ------------------------------------ (XBTUSD 1W chart) It remains to be seen if it can rise above the 45211.0 point by ascending along the uptrend line (2). Point 33101.0 is a strong point of support, and you should make sure that it is supported in the section 27650.0-33101.0. (1D chart) We have to see if we can get support and climb in the 40163.5-42084.0 range. If it falls, we need to see if it can get support at 35225.0 and move up along the uptrend line (2). In order to turn to an uptrend, it must rise above the 50752.0 point and be supported. (1h chart) (UTC) Check the movement before and after the time indicated on the chart. ---------------------------------------------- (BTC Dominance (BTC.D) 1D Chart) You should watch for any movement that deviates from the 43.75-47.64 segment. As the BTC price recovers, BTC dominance may rise as funds are concentrated in BTC. At this time, if BTC dominance does not rise above the 48.81 point, altcoins are expected to recover their price quickly. If BTC dominance does not rise by more than 50 points, it is expected to show a market trend led by altcoins. Accordingly, we need to look at the movement of major coins. -------------------------------------------------- (USDT Dominance (USDT.D) 1W chart) We have to see if we can get below the 2.670 point. (1D chart) In order to continue the upward trend of the coin market, we need to see if it can fall below the 2.670 point. If you are moving up along the short-term uptrend line, you need to touch the 3.374-3.460 section and see if it falls. ---------------------------- (USDT 1D chart) I think that the gap increase is a sign that funds have entered the coin market. Conversely, I think that the gap fall is a sign of the draining of funds from the coin market. It remains to be seen if the continuing gap increases can continue in the future. If there is a continuous gap fall, it means that funds will be drained from the coin market, so careful trading is necessary. -------------------------------------- It is advisable to trade at your average unit price. This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden. The center of every trade starts with the average unit price you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** 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 transactions. It is 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: Cigar at the time of opening (Example) Gap (G1-G2)
by readCrypto
1
Bitcoin (BTC) - May 20 (New Start-8)Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (XBTUSD 1W chart) It remains to be seen if it can rise above the 45211.0 point by ascending along the uptrend line (2). Point 33101.0 is a strong point of support, and you should make sure that it is supported in the section 27650.0-33101.0. (1D chart) We need to see if we can get support at 38225.0 and move up along the uptrend line (2). In order to turn to an uptrend, it must rise above the 50752.0 point and be supported. (1h chart) Check the movement before and after the time indicated on the chart. In order to break off the short-term downtrend line (b), we need to see if we can gain support and rise at 37784.5-39948.0. It remains to be seen if there is any movement to break above the short-term downtrend line (C). I think it is important to gain the power to rise by continuing as much sideways as possible on the downtrend line (b)-(c), which has become a downtrend channel. So, if you fall below the short-term downtrend line (b), you can touch below the 33101.0 point, so you need to trade carefully. ---------------------------------------------- (BTCUSDT 1W chart) We must see if it can rise above the 45135.66 point along the uptrend line (2). Point 28923.63 is a strong point of support, and you should make sure that it is supported in the section 28923.63-32259.90. (1D chart) Due to the volatility around May 20 (May 19-21), it touched the 30000.0 point and rose. We need to see if we can get support at 38150.02 and move up along the uptrend line (2). The new beginning is the last day on May 21st. Accordingly, careful trading is necessary. In order to turn to an uptrend, it must rise above the 50736.52 point and be supported. (BTCUSDTPERP 1h chart) (UTC) Check the movement before and after the time indicated on the chart. ------------------------------------ (BTCKRW 1W chart) (1D chart) The volatility around May 19th (May 18-20) has touched 42 million points and is rising. We have to see if we can get support and climb in the 47954000-51798000 section. It is expected to reorient itself by ascending to the 56052000-58981000 section. If it falls in the 56052000-58981000 section, you should have made a Stop Loss to preserve profit and loss, so you need to think about how to respond to it. In order to turn to an uptrend, it must rise above 64246000 points and be supported. (Upbit BTCKRW 1D chart) ---------------------------------------- (BTC Dominance (BTC.D) 1D Chart) You should watch for any movement that deviates from the 43.75-47.64 segment. As the BTC price recovers, the dominance of BTC may rise as funds are concentrated in BTC. At this time, if BTC dominance does not rise above the 48.81 point, altcoins are expected to recover their price quickly. If BTC dominance does not rise by more than 50 points, it is expected to show a market trend led by altcoins. Accordingly, we need to look at the movement of major coins. -------------------------------------------------- (USDT Dominance (USDT.D) 1W chart) We have to see if we can get below the 2.670 point. -------------------------------------- It is advisable to trade at your average unit price. This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden. The center of every trade starts with the average unit price you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** 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 transactions. It is 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: Cigar at the time of opening (Example) Gap (G1-G2)
BITMEX:BTCUSD.P
by readCrypto
Bitcoin (BTC) - May 19 (New Start-7)Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDT 1W chart) We need to see if we can get support and climb in the 41950.0-45135.66 section. If it falls, we need to see if it can rise along the uptrend line (2). If the decline continues, it is expected to eventually touch near the 28923.63-32259.90 section. The 28923.63 point is a strong support point, and if you touch the 28923.63-32259.90 area, it is expected to lead to an uptrend. (1D chart) The volatility around May 20th (May 19-21) will have to watch for movements that deviate from 40586.96-48199.13. We need to see if we can get support from 40586.96-41950.0 and climb above 45135.66. If it falls, you'll have to touch the 38150.02 point and the uptrend line (2) and see if you can move up. (BTCUSDTPERP 1h chart) (UTC) Check the movement before and after the time indicated on the chart. ------------------------------------ (XBTUSD 1W chart) It remains to be seen if it can move down to 40163.5-45211.0 to gain support and move up along the uptrend line (2). If you climb from the 45211.0 point, you have to see if you can climb above the 49876.5 point. If it does not rise above the 49876.5 point, it is expected to decline again. If you go down at 40163.5, you'll likely touch the 33101.0 point, which is a strong support point, so you need to trade carefully. (1D chart) We'll have to see if we can get support from 40600.0-42084.0 and climb above the 45211.0 point. If it falls from 40600.0, you should touch 38225.0 and see if it rises along the uptrend line (2). (1h chart) (UTC) The decline did not rise above the 45211.0-45418.0 section and the short-term downtrend line (c). We have to see if we can get support and climb at 42084.0. If it falls, we have to touch the 37784.5-39948.0 section and see if it can rise. If it breaks above the 45418.0 point, it is expected to rise to the 48214.0-50752.0 range. Future movements are expected to determine a new direction. ---------------------------------------------- (BTC Dominance (BTC.D) 1D Chart) Despite the falling BTC price, BTC dominance is falling. If the BTC price falls, the altcoins' price will inevitably fall. Accordingly, it is necessary to keep an eye on the movement of the BTC price. -------------------------------------------------- (USDT Dominance (USDT.D) 1D chart) We'll see if we can get resistance at 2.91 and move down. In particular, it remains to be seen if it can fall below the uptrend line (1). (USDT 1D chart) -------------------------------------- It is advisable to trade at your average unit price. This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden. The center of every trade starts with the average unit price you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** 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 transactions. It is 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)
by readCrypto
2
Bitcoin (BTC) - May 18 (New Start-6)Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (XBTUSD 1W chart) It remains to be seen if it can move down to the 40163.5-45211.0 section to gain support and move up along the uptrend line (2). If you climb from the 45211.0 point, you have to see if you can climb above the 49876.5 point. If it does not rise above the 49876.5 point, it is expected to decline again. If you go down at 40163.5, you'll likely touch the 33101.0 point, the strong support point, so you need to trade carefully. (1D chart) We'll have to see if we can get support from 40600.0-42084.0 and climb above the 45211.0 point. If it falls from 40600.0, you should touch 38225.0 and see if it rises along the uptrend line (2). (1h chart) Check the flow before and after the time indicated on the chart. It is expected to decline after touching the short-term downtrend line (C), but is falling along the downtrend line (B). I think that the number of purchases is weak. You should touch the 40600.0-42084.0 interval or the downtrend line (b) and watch for any movement that deviates from the downtrend line (c). It is important to deviate from the downtrend line (c) to create a new trend. ---------------------------------------------- (BTCUSDT 1W chart) We have to see if we can get support and climb in the 41950.0-45135.66 section. If it falls, we need to see if it can rise along the uptrend line (2). If the decline continues, it is expected to eventually touch near the 28923.63-32259.90 section. The 28923.63 point is a strong support point, and if you touch the 28923.63-32259.90 area, it is expected to lead to an upside. ------------------------------------ (BTCKRW 1W chart) (1D chart) The volatility around May 19th (May 18-20) will have to watch for movements that deviate from the 51798000-56052000 range. If it falls, we have to see if we can gain support and move up in the 47268000-51798000 range. If it rises, we need to see if it can rise above the 56052000-58981000 range. If it fails to rise above the 58981000 point, it will fall again due to a rebound in the downtrend. In order to turn to an uptrend, it must rise above 64246000 points and be supported. (Upbit BTCKRW 1D chart) ---------------------------------------- (BTC Dominance (BTC.D) 1W chart) Despite the falling BTC price, BTC dominance is falling. If the BTC price falls, the altcoins' price will inevitably fall. Accordingly, it is necessary to keep an eye on the movement of the BTC price. (1D chart) -------------------------------------------------- (USDT Dominance (USDT.D) 1W chart) We have to see if we can get below the 2.91 point. In order for the coin market to turn upward, it must fall below the 2.670 point. In particular, it remains to be seen if it can fall below the uptrend line (1). (1D chart) Due to volatility around May 16, it is rising above 2.91 points. (USDT 1D chart) -------------------------------------- It is advisable to trade at your average unit price. This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden. The center of every trade starts with the average unit price you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Hence, the interpretation is the same as the conventional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** 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 transactions. It is 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: Cigar at the time of opening (Example) Gap (G1-G2)
BITMEX:BTCUSD.P
by readCrypto
Bitcoin CME futures painting a cleaner pictureBased on my previous idea which I just updated too, BTC was going to hit 42k sooner than later and the picture wasn't great. The fractal played out nicely and the current correction has been pretty large, potentially even the beginning of a bear market. However in my opinion there is a lot of support in the 38-42k zone which hasn't been fully retested yet. On several exchanges we haven't tested the previous ATH of 42k, but got very close. Now the fractal indicates consolidation, another leg lower and then bottom. A bottom that could lead to 53k before we can tell whether we go up or down. There are tons of negatives for BTC and a lot fewer negatives for alts, but the truth is that I can't tell whether we are in bear market or not... not yet. There have been a few indicators that showed that could have potentially been the top, but it seems very weird based on previous cycles for this to really be the top. Maybe Bitcoin is done as other altcoins are stealing the show like Ethereum, Cardano and so on... along with the fact that there are too many longs, Bitcoin is attacked left and right from the media, and Elon definitely doesn't help. Now on the CME it is much clearer what has happened. We got up too fast, we never had proper corrections, many weird moves happened during the weekends and we had tons of double bottoms so there were many longs that were never shaken out. Once trading started on CME today the market tanked after getting rejected at the double bottom (seriously 3 double bottoms without an SFP - meaning the second low wasn't lower than the first one at the same level). Link with the previous bounce after a very similar move, the double gap at 60k was filled very nicely and then we went lower. A similar level right now is 53k, but will probably come once we retested the breakout zone on CME and hit the S3 monthly and S3 weekly, which are slightly below the 200 DMA. That would be the perfect shakeout and we'd hit such strong support that the market could fly up to 53k to fill what is like a 'CME gap'. Currently the 46-49k zone is resistance and the gap might be filled soon, but I doubt the correction is fully over yet. BTC is in a no trade zone for me at 46 as I either want to go long lower or short higher (long 38-42k short 53-55k)
CME:BTC1!
by BitcoinMacro
Bitcoin technical and fundamental analysis #2Bitcoin has been in a really bad spot over the last few days and the situation seems pretty tough. Alts have been stealing the show and money is flowing out of Bitcoin and into Alts. Yes the Tesla situation played a role, as well as the volatility / correction is stocks... but Bitcoin was already not in a healthy spot given how fast it went up. In my opinion the current 'goal' is to get into the area that was never retested after the Tesla pump + getting to the 200 DMA. There are some important indicators and models showing support higher than 42k, but in terms of Technical analysis there are something that tell me we need to break the 42-43k bottom and create a little panic before we bottom. How we get there is different story, because after such a strong dip a bounce is expected. Like with the double CME gap at 60k, the market bounced after the previous crash and then fell lower again. The fractal sits perfectly on the price action (was one I saved yesterday). It disagrees with me as to what comes first (upside or downside), but agrees on the 42k bottom. There are a lot of things that I like in that level and why I think it would be the bottom (tracking various models and previous cycles), however 38-40 would literally be the perfect bottom and also have a high chance of being hit. 38k is rather extreme, but 40k has a lot of confluence too. The CME chart shows a slightly different picture for the spot charts, because there is a key double bottom at the first line which will most likely be broken. On CME some price action between 39 and 44k doesn't exist as it happened over some weekends, something that when we see it the price tends to go back into that area. For example we had that crazy little bottom recently at 47k, which was a weird double bottom on CME. Look where the price bottom after this dip. Right after it swept the low. In my opinion the crypto market hasn't topped, yet the only way to know is after we go from 38-42k. That will be the real test... There is a pretty high chance Bitcoin is done for a really long time especially if Ethereum surpasses the Market Cap of Bitcoin which is actually only 80-90% if we also include that there are 10% more lost coins in Bitcoin than in Ethereum. Ethereum has tons of things going for it, so Ethereum having 2x the market cap of Bitcoin won't be surprising at all to me, however when the flippening is about to happen I do expect some resistance and a pullback for ETH. I've been a hardcore Bitcoin guy, but I am also a trader... And the truth is that the market doesn't care about what is best or what will be the best, but it cares about hype, pumpamentals and unicorns. So Ethereum will be the biggest bubble in history and the biggest collapse, but for Ethereum to collapse it first needs to grow so much that people will see why we need Bitcoin. Until then Ethereum seems flawless and Bitcoin like the worst asset ever. That's something to keep in mind, as we don't live in a perfect world and the best doesn't always win and people don't have perfect information. Also neither system is perfect and in race, yes some times the slow and steady wins, but until it wins the faster one is ahead. The 100-300-400 Simple Moving Averages on the 12h chart are the same as 50-150-200 Daily Moving Averages These are the other charts that I am talking about but aren't showing up for some reason in the idea: s3.tradingview.com s3.tradingview.com
COINBASE:BTCUSD
by BitcoinMacro
CRYPTOWATCH // 08: BTC gapped below bull market supportBTC LIVE CHART: gapped below the bull market support band, lets see how the market reacts to this in this new trading week. Here's where its at at the moment... It is definitely not a surprise that BTC1! gapped below the support band exactly over the weekend; the market is being set up for a downtrend. We might fill the gap and come down or even test the upper bull area around 52K but that would be very optimistic. A rejection in the band would be very bearish and unleash a unprecedented downfall of the BTC price. If we hold it as support we can see a new pump and with some hopium get back above 50K. Moment of truth this week - not only for BTC but also for the stock market. Time to be very cautious... IMPORTANT: this is not financial advice, trade or invest based on your own risk and research.
CME:BTC1!Short
by cryptobullethbtcxlm
3
Bitcoin (BTC) - May 17 (New Start-5)Good morning? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDT 1W chart) (1D chart) It is expected to continue the upward trend by touching below 45135.66 point after the closing down at 48199.13 point. We need to see if we can get support at 40586.96-45135.66 and climb along the uptrend line (2). Careful trading is necessary as it is not possible to rule out a move that is supported at 45135.66 and climbs to the 48199.13-50736.52 section. Of the many expected movements, I think the most dominant is the movement that touches the uptrend line (2) and moves upward. Accordingly, in order to make a rapid rise, an upward trend is expected after touching the upward trend line (2) passing through the 38150.02 point. However, you should also think about the upward trend above the 60886.07 point between around the 14th and 20th of May. The new start period is until around May 20th. ------------------------------------ (XBTUSD 1W chart) Contrary to what I thought, it is continuing to decline without rebounding. It remains to be seen if it can move down to 40163.5-45211.0 to gain support and move up along the uptrend line (2). If you get support and climb at 45211.0, you'll have to see if you can climb above 49876.5 points. If it does not rise above the 49876.5 point, it is expected to decline again. If you go down at 40163.5, you'll likely touch the 33101.0 point, which is an important point, so you need to trade carefully. ---------------------------------------------- (BTC Dominance (BTC.D) 1W chart) Despite the falling BTC price, BTC dominance is falling. If the BTC price falls, the altcoins' price will inevitably fall. Accordingly, it is necessary to keep an eye on the movement of the BTC price. -------------------------------------------------- (USDT Dominance (USDT.D) 1W chart) Despite the decline in BTC price, it is still falling at the 43.17 point. Looking at the decline in BTC prices in the past, we have seen BTC dominance rise as the BTC price declines. I think the current coin market is moving in a completely new pattern. It seems that more people or institutional investors are trading than before. There was a time when I was skeptical about investment because there was a sharp drop that made me worry about the collapse of the coin market. It remains to be seen what kind of movement will lead the coin market in the future. (USDT 1D chart) If you look at the USDT chart, you can see that the candle is different from the charts of other coins. There are exceptionally many gaps. I see this gap increase as a new issue of USDT. Conversely, I think that the fall of the gap has canceled the issue of USDT. In other words, I think it means that it was converted into fiat currency. -------------------------------------- It is advisable to trade at your average unit price. This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden. The center of every trade starts with the average unit price you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** 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 transactions. It is 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)
by readCrypto
6
Bitcoin (BTC) - May 16 (New Start-4)Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (XBTUSD 1W chart) If we gain support and move sideways between 42084.0-45211.0, we expect to rise by touching the uptrend line (2). You can touch near the 40163.5 point. (1D chart) If it falls in the 48214.0-50752.0 range, Stop Loss is required to preserve profit and loss. However, you need to trade carefully as you can touch and climb the 40600.0-45211.5 section. We have to see if we can quickly climb to the 48214.0-50752.0 range. In particular, we have to see if we can get support at point 49876.5. It remains to be seen if it can rise above the 60904.0 point between around the 14th and 19th of May. You should also see if you can go up along the uptrend line (3). (1h chart) It is falling without breaking off the short-term downtrend line (b). We need to see if we can move above the 48124.0 point to break off the short-term downtrend line (b). As I mentioned in the 1D chart explanation, if it closes in the 48214.0-50752.0 range, it is expected to fall below the 45211.0 point. I think the analysis of the chart is for the purpose of confirming the degree of market flow. Don't set your own trading standards in the analysis. This is because analytics and trading are completely different. To say that you need to trade that fits the average unit price of your holdings, which means you have to deal with it from a trading point of view. The analysis will turn the trend toward an uptrend in the future, so if you fall below your average unit price and hold it without any response, the psychological burden you have to bear will be enormous. This stress can lead to a loss of profit by selling and not holding when the price rises above the average unit price in the future. The 48214.0-50752.0 section is the section that determines the new direction, and since it is declining in this section, I don't think we can do anything at this time. Appropriate actions will give you the power and room to react in the future when your holdings are on the rise or when your holdings are expected to decline without being supported at the point of support and resistance. Securing extra funding makes it possible to catch new opportunities when they are identified, which makes it less psychologically burdensome even if the market falls. Opportunities in the coin market are when it plunges, and then when it leads to sideways and forms a support zone. If you wait, it will automatically say'Ah!' There will be times when the elasticity comes out. I think this is likely to be an opportunity. ---------------------------------------------- (BTCUSDT 1W chart) (1D chart) If it falls in the 48199.13-50736.52 section, a Stop Loss is required to preserve profit and loss. However, you can touch and climb the 40586.96-45135.66 section, so you need to think about how to respond. We have to see if we can quickly ascend to the 48199.13-50736.52 section. In particular, we have to see if we can get support at 49707.43. It remains to be seen if it can rise above the 60886.07 point between around the 14th and 20th of May. ------------------------------------ (BTCKRW 1W chart) (1D chart) If it falls in the 56052000-58981000 range, Stop Loss is required to preserve profit and loss. It is possible to touch the 47268000-51798000 section and go up, so you need to think about how to react to it. We have to see if we can get support at 58981000 and ascend above 61712000. In particular, it remains to be seen if it can deviate from the downtrend line (6). If you go up from 73622000, you'll have to watch to see if it rises above 82407000. You can touch and drop the 77706000-82407000 section, which was the previous high, so make sure to check if it rises above 82407000 points. (Upbit BTCKRW 1D chart) ---------------------------------------- (ETH Dominance (ETH.D) 1D chart) We have to see if we can get support at 19.83 and ascend above 21.37. Despite the falling BTC price, ETH's dominance has not declined. As such, it is receiving a lot of attention in the coin market. I think it is the second most influential influence on the market after BTC due to its high dominance. It is interpreted that BTC dominance does not rise due to the sideways movement of ETH dominance. ----------------------------------------- (BTC Dominance (BTC.D) 1D Chart) Despite the falling BTC price, BTC dominance is falling. If the BTC price falls, the altcoins' price will inevitably fall. Accordingly, it is necessary to keep an eye on the movement of the BTC price. -------------------------------------------------- (USDT Dominance (USDT.D) 1D chart) We'll have to see if it can decline in the 2.532-2.670 range. In particular, it remains to be seen if it can fall below the uptrend line (1). With volatility around May 15th, we have to touch near the 2.91 point and see if it can go down. If it falls below the 2.181 point, the coin market is expected to continue the upward trend. -------------------------------------- It is advisable to trade at your average unit price. This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden. The center of every trade starts with the average unit price you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** 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 transactions. It is 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: Cigar at the time of opening (Example) Gap (G1-G2)
BITMEX:BTCUSD.P
by readCrypto
1
Bitcoin (BTC) - May 15 (New Start-3)Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDT 1D chart) We have to see if we can get support and climb in the 48199.13-50736.52 section. In particular, we have to see if we can get support at 49707.43. It remains to be seen if it can rise above the 60886.07 point between May 14-20. If it falls in the 48199.13-50736.52 section, a Stop Loss is required to preserve profit and loss. However, you can touch and climb the 40586.96-45135.66 section, so you need to think about how to respond. We need to see if the center line rises as the green of OBV on the volume indicator increases. The green color of OBV stands for buying. So, you can see that the buy is superior to the sell. ------------------------------------ (XBTUSD 1W chart) (1D chart) We have to see if we can get support and climb in the 48214.0-50752.0 range. In particular, we have to see if we can get support at point 49876.5. It remains to be seen if it can rise above the 60904.0 point between around 14-19 of May. You should also see if you can climb along the uptrend line (3). If it falls in the 48214.0-50752.0 range, Stop Loss is required to preserve profit and loss. However, you need to trade carefully as you can touch and climb the 40600.0-45211.5 section. From the BTC Dominance Chart and the USDT Dominance Chart, it is expected to touch an important point or segment around May 15th. Accordingly, volatility is expected to occur once again. We hope that this volatility will allow us to predict to some extent the trend of the BTC price. ---------------------------------------------- (BTC Dominance (BTC.D) 1D Chart) Despite the falling BTC price, BTC dominance is falling. We have to see how the volatility around May 15th shows how it moves. Therefore, careful trading is necessary. If the BTC price falls, the altcoins' price will inevitably fall. Accordingly, it is necessary to keep an eye on the movement of the BTC price. -------------------------------------------------- (USDT Dominance (USDT.D) 1D chart) We'll have to see if it can decline in the 2.532-2.670 range. In particular, it remains to be seen if it can fall below the uptrend line (1). If it rises above 2.532 points, the prices of coins will show a further decline than they are now. As such, it remains to be seen if it can fall below the uptrend line (1). If it falls below the 2.181 point, the coin market is expected to continue the upward trend. -------------------------------------- It is advisable to trade at your average unit price. This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden. The center of every trade starts with the average unit price you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** 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 transactions. It is 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: Cigar at the time of opening (Example) Gap (G1-G2)
by readCrypto
1
Bitcoin (BTC) - May 14 (New Start-2)Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (XBTUSD 1W chart) (1D chart) We have to see if we can get support and climb in the 48214.0-50752.0 range. In particular, it remains to be seen if it can rise above the 60904.0 point between around the 14th and 19th of May. You should also see if you can go up along the uptrend line (3). If it falls in the 48214.0-50752.0 range, Stop Loss is required to preserve profit and loss. However, you need to trade carefully as you can touch and climb the 40600.0-45211.5 section. Looking at the BTC Dominance Chart and the USDT Dominance Chart, it is expected to touch an important point or segment around May 15th. Accordingly, volatility is expected to occur once again. We hope that this volatility will allow us to predict to some extent the trend of the BTC price. (1h chart) Check the movement before and after the time indicated on the chart. We need to see if we can move above the MS-Signal indicator to indicate a short-term uptrend. In particular, it remains to be seen if it can rise above 51334.5 points. We have to see if we can get support by ascending to the 52825.-54962.5 section, which was the support section on the 1h chart. In the CCI indicator, it remains to be seen if the CCI line rises above the EMA line, indicating a short-term uptrend. If you do not deviate from the short-term downtrend line (a) and fall, I think it is the worst. Therefore, careful trading is necessary. ---------------------------------------------- (BTCUSDT 1D chart) We have to see if we can get support and climb in the 48199.13-50736.52 section. In particular, it remains to be seen if it can rise above the 60886.07 point between around the 14th and 20th of May. If it falls in the 48199.13-50736.52 section, a Stop Loss is required to preserve profit and loss. However, you can touch and climb the 40586.96-45135.66 section, so you need to think about how to respond. ------------------------------------ (BTCKRW 1D chart) Touching the 56052000-58981000 section, I think it left the door open to the decline. We must see if we can climb along the uptrend line (3) and rise above the 66007000 point. In particular, it remains to be seen if it can deviate from the downtrend line (6). If it falls in the 56052000-58981000 range, Stop Loss is required to preserve profit and loss. It is possible to touch the 47268000-51798000 section and go up, so you need to think about how to react to it. If you go up at 73622000, you have to watch to see if it rises above 82407000. You can touch and drop the 77706000-82407000 section, which was the previous high, so make sure to check if it rises above the 82407000 point. (Upbit BTCKRW 1D chart) www.tradingview.com ---------------------------------------- (BTC Dominance (BTC.D) 1D Chart) Despite the falling BTC price, BTC dominance is falling. It appears to be buying altcoins on the BTC market with BTC. We have to see how the volatility around May 15 represents what kind of movement it is. Therefore, careful trading is necessary. -------------------------------------------------- (USDT Dominance (USDT.D) 1W chart) If it rises, you'll find resistance at 2.91 and see if it falls. (1D chart) There was a movement out of the 2.181-2.532 section. We'll have to see if it can decline in the 2.532-2.670 range. If it rises above 2.532 points, the prices of coins will show a further decline than they are now. As such, it remains to be seen if it can fall below the uptrend line (1). If it falls below the 2.181 point, the coin market is expected to continue the upward trend. -------------------------------------- It is advisable to trade at your average unit price. This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden. The center of every trade starts with the average unit price you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** 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 transactions. It is 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: Cigar at the time of opening (Example) Gap (G1-G2)
BITMEX:BTCUSD.P
by readCrypto
3
Bitcoin (BTC) - May 13Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDT 1D chart) During the last volatility period on May 12th, it is falling sharply. We have to watch for movements that deviate from 50736.52-60886.07, which is a sideways section in the big frame. If it falls in the 48199.13-50736.52 section, a Stop Loss is required to preserve profit and loss. However, you can touch and climb the 40586.96-45135.66 section, so you need to think about how to respond. If you can't continue the rise by breaking above the important section of 60.886.07-63423.46, it will eventually fall. So, you have to think about how to respond. If it breaks above 60.886.07-63423.46 and continues its upward movement, it is expected to re-orientate in the 78647.80-81185.19 section. The market situation is undergoing a downward correction as it declines to the lower sideways range of 50736.52-55811.30. I think the section 48199.13-50736.52 or section 60886.07-63423.46 is the section that determines the direction newly. Therefore, the trend of the coin market is expected to appear after touching the 48199.13-50736.52 section or 60886.07-63423.46 section. ------------------------------------ (XBTUSD 1D chart) It is falling with no support at 55828.0. If it falls in the 48214.0-50752.0 range, Stop Loss is required to preserve profit and loss. However, you need to trade carefully as you can touch and climb the 40600.0-45211.5 section. The green or red of OBV in the volume indicator is not increasing significantly. I think it is evidence that the transaction is not active. In the big frame, the flow of BTC price is just moving sideways. (Sideways section: 50752.0-60904.0) By touching the section A and section B, there is only one movement to get out of the sideways section. We have to see if the movement that comes forward will break through the A or B segment. Looking at the BTC Dominance Chart and the USDT Dominance Chart, it is expected to touch an important point or segment around May 15th. Accordingly, volatility is expected to occur once again. We hope that this volatility will allow us to predict to some extent the trend of the BTC price. ---------------------------------------------- (BTC Dominance (BTC.D) 1D Chart) It is falling below the 43.17 point. The decline in BTC dominance was expected to lead to higher prices as funds moved toward altcoins. As funds are concentrated in some of the altcoins, I think the prices of the remaining coins are either sideways or declining. Therefore, careful trading is necessary. -------------------------------------------------- (USDT Dominance (USDT.D) 1D chart) You should watch for any movement that deviates from the 2.181-2.532 section. If it rises above 2.532 points, the prices of the coins will show more declines than they are now. As such, it remains to be seen if it can fall below the uptrend line (1). If it falls below the 2.181 point, the coin market is expected to continue the upward trend. -------------------------------------- It is advisable to trade at your average unit price. This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden. The center of every trade starts with the average unit price you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** 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 transactions. It is 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: Cigar at the time of opening (Example) Gap (G1-G2)
by readCrypto
2
Bitcoin (BTC) - May 12 (Variability Period-Last Day)Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (XBTUSD 1D chart) On the XBTUSD chart, the volatility period has ended. However, since it is the last volatility period on the BTCUSDT chart, careful trading is required. It is located near the middle point of 55828.0 point from the 50752.0-60904.0 section, which is a sideways section. However, since the bottom is showing an upward trend, if it does not fall below the uptrend line (3), it is expected to rise above the 60904.0 point. If it falls in the 48214.0-50752.0 section, Stop Loss is required to preserve profit and loss. However, you need to trade carefully as you can touch and climb the 40600.0-45211.5 section. It remains to be seen if the center line can rise as the green of OBV on the volume indicator increases. I think that the red color of OBV, which was a lot in the past, disappears, showing a flow to change to the green of OBV. The green color of OBV stands for buyout. Accordingly, it remains to be seen whether the market trend can turn from sell to buy. (To sum up) In fact, I think it has passed a period where it is difficult to predict the trend of the BTC price. We believe that making predictions about the ups and downs amid this trend can lead to wrong trading. Therefore, you should think in the big frame rather than try to fit the current movement to a woven trend or pattern. In the big frame, the flow of BTC price is just moving sideways. (Sideways section: 50752.0-60904.0) By touching the section A and section B, there is only one movement to get out of the sideways section. We have to see if the movement that comes forward will break through section A or section B. USDT continues to be issued as a new issuance. This means that money is constantly coming in from the coin market, and I think it is highly likely to lead to an increase in the price of coins. From the BTC Dominance Chart and the USDT Dominance Chart, it is expected to touch an important point or segment around May 15th. Accordingly, volatility is expected to occur once again. We hope that this volatility will allow us to predict to some extent the trend of the BTC price. ---------------------------------------------- (BTCUSDT 1D chart) We need to see if we can get support at 55811.30-56578.21 and climb along the uptrend line (3). If it falls in the 48199.13-50736.52 section, a Stop Loss is required to preserve profit and loss. However, you can touch and climb the 40586.96-45135.66 section, so you need to think about how to respond. On the BTCUSDT chart, May 12 is the last day of the volatility period. Therefore, careful trading is necessary. If you can't continue the rise by breaking above the important section of 60.886.07-63423.46, it will eventually fall. So, you have to think about how to respond. If it breaks above 60.886.07-63423.46 and continues its ascent, it is expected to re-orientate in the 78647.80-81185.19 section. The section 50736.52-60886.07 is a sideways section. I think the section 48199.13-50736.52 or section 60886.07-63423.46 is the section to determine the direction newly. Therefore, the trend of the coin market is expected to appear after touching the 48199.13-50736.52 section or 60886.07-63423.46 section. ------------------------------------ (BTCKRW 1D chart) Between the 10th and 19th of May, there was a movement that deviated from the 70694000-73622000 section. Accordingly, it is possible to touch the uptrend line (3) again. We have to see if we can quickly ascend above the 70694000 point. If it goes down, you need to make sure you get support at 65857000. If it does not fall below the downtrend line (6), it is expected to rise. So, we have to see if we can get support and climb in the 64246000-66007000 segment. If it falls in the 56052000-58981000 range, Stop Loss is required to preserve profit and loss. It is possible to touch the 47268000-51798000 section and go up, so you need to think about how to react to it. If you go up from 73622000, you'll have to watch to see if it rises above 82407000. You can touch and drop the 77706000-82407000 section, which was the previous high, so make sure to check if it rises above the 82407000 point. (Upbit BTCKRW 1D chart) ---------------------------------------- (BTC Dominance (BTC.D) 1D Chart) We need to see if there is any movement that deviates from the 43.75-47.64 range due to volatility around the 9th-15th of May. In particular, it remains to be seen if it can decline along the downtrend line (3). We have to see if we can touch point 43.17, which was touched as a strange sign due to volatility around May 15th. It remains to be seen if the CCI-RC indicator can fall below the downtrend line where the CCI line is drawn. The possibility of a surge near the 43.17-43.75 section cannot be ruled out, so you need to look closely to see if it rises above the downtrend line (3). -------------------------------------------------- (USDT Dominance (USDT.D) 1D chart) We'll see if we can get resistance in the 2.473-2.532 section and drop below the 2.345 point. In particular, it remains to be seen if it can decline along the downtrend line. On the CCI-RC indicator, it remains to be seen if the CCI line can touch the EMA line and fall below the drawn uptrend line. The next volatility period is around May 24th. (USDT 1D chart) It seems that the coin market has been funded again on May 11th. -------------------------------------- It is advisable to trade at your average unit price. This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden. The center of every trade starts with the average unit price you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** 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 transactions. It is 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: Cigar at the time of opening (Example) Gap (G1-G2)
BITMEX:BTCUSD.P
by readCrypto
1
Bitcoin (BTC) - May 11 (Variability Period-15)Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDT 1D chart) We need to see if we can get support at 55811.30-56578.21 and climb along the uptrend line (3). If it closes below 55811.30, you can touch the 48199.13-50736.52 section, so you need to trade carefully. We have to see if we can get support from 57412.35-58352.80 and climb above 58968.31. If it falls in the 48199.13-50736.52 section, a Stop Loss is required to preserve profit and loss. However, you can touch and climb the 40586.96-45135.66 section, so you need to think about how to respond. The volatility period on the BTCUSDT chart is up to May 12th. Therefore, careful trading is necessary. If you can't continue the rise by breaking above the important section of 60.886.07-63423.46, it will eventually fall. So, you have to think about how to respond. If it breaks above 60.886.07-63423.46 and continues its ascent, it is expected to re-orientate in the 78647.80-81185.19 section. ------------------------------------ (XBTUSD 1W chart) It is falling with no support above the 58464.0 point. It remains to be seen if it can rise along the uptrend line (3) and rise above the 58464.0 point. If it falls, it is likely to touch the 42084.0-45211.0 section. (1D chart) On the XBTUSD chart, May 11 is the last volatility period. Therefore, careful trading is necessary. We need to see if we can get support at 55828.0-56641.5 and climb along the uptrend line (3). If you go down at the 55828.0 point, you'll likely touch the 48214.0-50752.0 section, so you need to trade carefully. If it falls in the 48214.0-50752.0 range, Stop Loss is required to preserve profit and loss. However, you need to trade carefully as you can touch and climb the 40600.0-45211.5 section. It remains to be seen if the center line can rise as the green of OBV on the volume indicator increases. I think that the red color of OBV, which was a lot in the past, disappears, showing a flow to change to the green of OBV. The green color of OBV stands for buyout. Accordingly, it remains to be seen whether the market trend can turn from sell to buy. If it doesn't rise in the 60904.0-63442.0 range, it will eventually fall again. So, you have to think about how to respond. ---------------------------------------------- (BTC Dominance (BTC.D) 1D Chart) We need to see if there is any movement that deviates from the 43.75-47.64 range due to volatility around the 9th-15th of May. In particular, it remains to be seen if it can decline along the downtrend line (3). We have to see if we can touch point 43.17, which was touched as a strange sign due to volatility around May 15th. It remains to be seen if the CCI-RC indicator can fall below the downtrend line where the CCI line is drawn. The possibility of a surge near the 43.17-43.75 section cannot be ruled out, so you need to look closely to see if it rises above the downtrend line (3). -------------------------------------------------- (USDT Dominance (USDT.D) 1D chart) Volatility occurred as it deviated from the downtrend line. We'll see if we can get resistance in the 2.473-2.532 section and drop below the 2.345 point. In particular, it remains to be seen if it can decline along the downtrend line. On the CCI-RC indicator, it remains to be seen if the CCI line can touch the EMA line and fall below the drawn uptrend line. The next volatility period is around May 24th. -------------------------------------- It is advisable to trade at your average unit price. This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden. The center of every trade starts with the average unit price you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** 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 transactions. It is 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: Cigar at the time of opening (Example) Gap (G1-G2)
by readCrypto
1
Bitcoin (BTC) - May 10 (Variability Period-14)Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (XBTUSD 1W chart) It remains to be seen if it can rise along the uptrend line (3) and rise above the 58464.0 point for support. (1D chart) We need to see if we can get support from 57577.5-58464.0 and climb above the 59029.0 point. If it falls, you need to make sure you get support at 55828.0-56641.5. In particular, it remains to be seen if it can rise along the uptrend line (3). We need to see if there is any movement that deviates from the volatility 55828.0-60904.0 range around May 10 (May 9-11). If it doesn't rise in the 60904.0-63442.0 range, it will eventually fall again. So, you have to think about how to respond. If it falls in the 48214.0-50752.0 range, Stop Loss is required to preserve profit and loss. However, you need to trade carefully as you can touch and climb the 40600.0-45211.5 section. (1h chart) Check the movement before and after the time indicated on the chart. We must see if we can move above the 60904.0 point, breaking above the 57577.5-59029.0 segment. If it falls, you can touch up to 52825.0-54962.5, so trade carefully. On the CCI-RC indicator, it remains to be seen if the CCI line can rise along the drawn uptrend line. If you climb along the drawn uptrend line, it is expected to rise above the 60904.0 point. ---------------------------------------------- (BTCUSDT 1W chart) We have to see if we can ascend above the 58352.80 point. (1D chart) We have to see if we can get support from 57412.35-58352.80 and climb above 58968.31. If it falls, you should check if you get support in the range 55811.30-56578.21. In particular, you should watch if it rises along the uptrend line (3). Due to the volatility around May 11th (May 10th-12th), it remains to be seen if there is any movement that deviates from the 55811.30-60886.07 section, which is the upper sideways section of the sideways section. If you can't continue the rise by breaking above the important section of 60.886.07-63423.46, it will eventually fall. So, you have to think about how to respond. If it falls in the 48199.13-50736.52 section, a Stop Loss is required to preserve profit and loss. However, you can touch and climb the 40586.96-45135.66 section, so you need to think about how to respond. If it breaks above 60.886.07-63423.46 and continues its ascent, it is expected to re-orientate in the 78647.80-81185.19 section. We should see if the center line rises as the green of OBV on the volume indicator increases. On the wRSI_SR indicator, we must see if the RS line can rise more than 80 points. On the CCI-RC indicator, it remains to be seen if the CCI line can rise and rise more than 100 points with the EMA line. At this time, volatility may occur, so careful trading is necessary. ------------------------------------ (BTCKRW 1W chart) We have to see if we can get off the downtrend line. (1D chart) We need to see if we can get support from the 70694000-73622000 section and get off the downtrend line. You should watch for movements from around May 10th to around May 19th to see if there is any movement that deviates from the 64837000-82407000 range. If it falls, you need to make sure you get support at 68567000. If it falls in the 56052000-58981000 range, Stop Loss is required to preserve profit and loss. It is possible to touch the 47268000-51798000 section and go up, so you need to think about how to react to it. We need to see if the center line rises as the OBV on the volume indicator increases green. We must see if the RS line can rise more than 80 points on the wRSI_SR indicator. On the CCI-RC indicator, it remains to be seen if it can rise above the 100 point and EMA line by ascending along the uptrend line drawn with the CC line. (Upbit BTCKRW 1D chart) ---------------------------------------- (BTC Dominance (BTC.D) 1D Chart) We need to see if there is any movement outside the 43.75-47.64 range due to volatility around May 9th-15th. In particular, it remains to be seen if it can decline along the downtrend line (3). We have to see if we can touch point 43.17, which was touched as a strange sign due to volatility around May 15th. It remains to be seen if the CCI-RC indicator can fall below the downtrend line where the CCI line is drawn. The possibility of a surge near the 43.17-43.75 section cannot be ruled out, so you need to look closely to see if it rises above the downtrend line (3). BTC dominance may rise due to rising BTC price. Accordingly, altcoins' prices may move sideways or fall. If BTC dominance continues to rise, you should touch the 47.64-48.81 section and see if it falls. -------------------------------------------------- (USDT Dominance (USDT.D) 1D chart) You should watch for any movement that deviates from the 2.088-2.473 segment. In particular, it remains to be seen if it can fall along the downtrend line and fall below the 2.088 point. On the CCI-RC indicator, it remains to be seen if the CCI line can touch the EMA line and fall below the drawn uptrend line. The next volatility period is around May 24th. -------------------------------------- It is advisable to trade at your average unit price. This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden. The center of every trade starts with the average unit price you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** 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 transactions. It is 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)
BITMEX:BTCUSD.P
by readCrypto
Bitcoin (BTC) - May 9 (volatility period-13)Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDT 1M chart) As we enter this month, it remains to be seen if the wRSI_SR indicator shows a downtrend with the RS line falling below 80 points. (1W chart) If it falls, we need to see if it can rise along the uptrend line (3). In the wRSI_SR indicator, we must see if the RS line rises above the SR line and can continue the upward trend. (1D chart) We have to see if we can get support above the 58968.31 point. In particular, it remains to be seen if it can rise above the 60886.07 point. If it falls, you need to make sure you get support in the 57412.35-58352.80 range. If it does not continue to rise after breaking above the critical section of 60.886.07-63423.46, it will eventually fall. So, you have to think about how to respond. If it falls in the 48199.13-50736.52 section, a Stop Loss is required to preserve profit and loss. However, you can touch and climb the 40586.96-45135.66 section, so you need to think about how to respond. If it breaks above 60.886.07-63423.46 and continues its ascent, it is expected to re-orientate in the 78647.80-81185.19 section. It remains to be seen if the green of OBV on the volume indicator can increase. On the wRSI_SR indicator, we must see if the RS line can rise more than 80 points. On the CCI-RC indicator, it remains to be seen if the CCI line can rise and rise more than 100 points with the EMA line. At this time, volatility can occur, so careful trading is necessary. Putting together the volatility period on the BTC chart, we expect the volatility period to end between May 9-12. Volatility periods are periods of time that are likely to deviate from the sideways period and create a new wave. Accordingly, trading during volatility periods can lead to double losses, so you need to trade carefully. The sidewalk section is 50736.52-60886.07. The midpoint of the sidewalk is at 55811.30. ------------------------------------ (XBTUSD 1W chart) It remains to be seen if it can rise along the uptrend line (3) and rise above the 58464.0 point for support. It remains to be seen if the center line can rise as the green of OBV on the volume indicator increases. In the wRSI_SR indicator, we must see if the RS line can rise above the SR line and rise more than 50 points. In the CCI-RC indicator, it remains to be seen whether the CCI line rises above the EMA line and continues to rise. If it does not fall below the drawn uptrend line, it is expected to turn to an uptrend. (1D chart) We have to see if we can get support at 59029.0 and climb above 60904.0. If it falls, we have to see if it gets support at 57577.5-58464.0 It is important whether it rises along the uptrend line (3) between around May 8-10. If it doesn't rise in the 60904.0-63442.0 range, it will eventually fall again. So, you have to think about how to respond. If it falls in the 48214.0-50752.0 range, Stop Loss is required to preserve profit and loss. However, you need to trade carefully as you can touch and climb the 40600.0-45211.5 section. It remains to be seen if the center line can rise as the green of OBV on the volume indicator increases. On the wRSI_SR indicator, we must see if the RS line can rise more than 80 points. On the CCI-RC indicator, it remains to be seen whether the CCI line can rise above the EMA line. In particular, we need to see if it can rise along the drawn uptrend line. ---------------------------------------------- (BTC Dominance (BTC.D) 1D Chart) We need to see if it can move down along the downtrend line (3). We need to see if there is any movement that deviates from the 43.75-47.64 range due to volatility around the 9th-15th of May. In particular, it remains to be seen if it can decline along the downtrend line (3). We have to see if we can touch point 43.17, which was touched as a strange sign due to volatility around May 15th. It remains to be seen if the CCI-RC indicator can fall below the downtrend line where the CCI line is drawn. The possibility of a surge near the 43.17-43.75 section cannot be ruled out, so you need to look closely to see if it rises above the downtrend line (3). BTC dominance may rise due to rising BTC price. Accordingly, altcoins' prices may move sideways or fall. If BTC dominance continues to rise, you should touch the 47.64-48.81 section and see if it falls. -------------------------------------------------- (USDT Dominance (USDT.D) 1M chart) We've got resistance at 2.406 and we'll have to see if it can be lower. In particular, you have to watch to see if it moves along the uptrend line. If money continues to flow into the coin market, if it moves along the uptrend line, I think the coin market is likely to be on an uptrend. However, if it rises above the uptrend line, I think the coin market is likely to be in a downtrend. (1D chart) You should watch for any movement that deviates from the 2.088-2.473 segment. In particular, it remains to be seen if it can fall along the downtrend line and fall below the 2.088 point. On the CCI-RC indicator, it remains to be seen if the CCI line can touch the EMA line and fall below the drawn uptrend line. The next volatility period is around May 24th. -------------------------------------- It is advisable to trade at your average unit price. This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden. The center of every trade starts with the average unit price you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** 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 transactions. It is 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: Cigar at the time of opening (Example) Gap (G1-G2)
by readCrypto
3
Bitcoin (BTC) - May 8 (Variability Period-12)Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (XBTUSD 1W chart) It remains to be seen if it can rise along the uptrend line (3) and rise above the 58464.0 point for support. It remains to be seen if the center line can rise as the green of OBV on the volume indicator increases. In the wRSI_SR indicator, we must see if the RS line can rise above the SR line and rise more than 50 points. In the CCI-RC indicator, it remains to be seen whether the CCI line rises above the EMA line and continues to rise. If it does not fall below the drawn uptrend line, it is expected to turn to an uptrend. (1D chart) We need to see if we can get support from 55828.0-56641.5 and climb above 59029.0. If it falls, we need to see if it can rise along the uptrend line (3). It is important whether it rises along the uptrend line (3) between around May 8-10. If it doesn't rise in the 60904.0-63442.0 range, it will eventually fall again. So, you have to think about how to respond. If it falls in the 48214.0-50752.0 range, Stop Loss is required to preserve profit and loss. However, you need to trade carefully as you can touch and climb the 40600.0-45211.5 section. It remains to be seen if the center line can rise as the green of OBV on the volume indicator increases. On the wRSI_SR indicator, we must see if the RS line can rise more than 80 points. On the CCI-RC indicator, it remains to be seen whether the CCI line can rise above the EMA line. In particular, we need to see if it can rise along the drawn uptrend line. (1h chart) Check the movement before and after the time indicated on the chart. It remains to be seen if attempts to break above 57577.5-59029.0 can continue. If it falls, we have to see if we can gain support and move up at 55828.0-56641.5. You can touch and climb the support section of 52825.0-54962.5, so you need to trade carefully. However, you can touch the 51935.5 point and climb. It remains to be seen if the CCI line can rise more than 100 points on the CCI-RC indicator. ---------------------------------------------- (BTCUSDT 1M chart) Entering this month, the RS line is falling below the SR line on the wRSI_SR indicator. It remains to be seen if the RS line falls below the 80 point, indicating a downtrend. We have to see if we can ascend above the 58352.80 point. (1W chart) If it falls, we need to see if it can rise along the uptrend line (3). In the wRSI_SR indicator, we must see if the RS line rises above the SR line and can continue the upward trend. (1D chart) We have to see if we can get support from 55811.30-56578.21 and climb above 58968.31. If it falls, we need to see if it can rise along the uptrend line (3). If you can't continue the rise by breaking above the important section of 60.886.07-63423.46, it will eventually fall. So, you have to think about how to respond. If it falls in the 48199.13-50736.52 section, a Stop Loss is required to preserve profit and loss. However, you can touch and climb the 40586.96-45135.66 section, so you need to think about how to respond. If it breaks above 60.886.07-63423.46 and continues its ascent, it is expected to re-orientate in the 78647.80-81185.19 section. It remains to be seen if the green of OBV on the volume indicator can increase. On the wRSI_SR indicator, we must see if the RS line can rise more than 80 points. On the CCI-RC indicator, it remains to be seen if the CCI line rises and can rise above the EMA line by 100 points. At this time, volatility may occur, so careful trading is necessary. ------------------------------------ (BTCKRW 1M chart) (1W chart) (1D chart) In order to break off the downtrend line (6), we need to see if we can gain support by rising above the 68567000 point. If it falls, you need to make sure you get support in the 64246000-66007000 range. If it falls in the 56052000-58981000 range, Stop Loss is required to preserve profit and loss. Secondly, if you touch the 56052000-58981000 section, there is a possibility that it will fall to the 47268000-51798000 section. You have to think about how to respond to this. An attempt was made to break the downtrend line by touching above the 70694000 point. It remains to be seen if it could rise to the 70654000-73622000 range before the next volatility period, around May 10th. We need to see if the OBV on the volume indicator turns green and increases. On the CCI-RC indicator, it remains to be seen if it can rise above the 100 point and EMA line by ascending along the uptrend line drawn with the CC line. (Upbit BTCKRW 1D chart) ---------------------------------------- (BTC Dominance (BTC.D) 1W chart) (1D chart) We have to see if we can move down along the downtrend line (3) We need to see if there is any movement that deviates from the 43.75-47.64 range due to volatility around the 9th-15th of May. In particular, it remains to be seen if it can decline along the downtrend line (3). We have to see if we can touch point 43.17, which was touched as a strange sign due to volatility around May 15th. It remains to be seen if the CCI-RC indicator can fall below the downtrend line where the CCI line is drawn. The possibility of a surge near the 43.17-43.75 section cannot be ruled out, so you need to look closely to see if it rises above the downtrend line (3). -------------------------------------------------- (USDT Dominance (USDT.D) 1D chart) You should watch for any movement that deviates from the 2.088-2.473 segment. In particular, we have to see if we can get resistance by falling below the 2.345 point. On the CCI-RC indicator, it remains to be seen if the CCI line can touch the EMA line and fall below the drawn uptrend line. The next volatility period is around May 24th. -------------------------------------- It is advisable to trade at your average unit price. This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden. The center of every trade starts with the average unit price you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** 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 transactions. It is 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: Cigar at the time of opening (Example) Gap (G1-G2)
BITMEX:BTCUSD.P
by readCrypto
Bitcoin (BTC) - May 7 (Variability Period-11)Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDT 1M chart) Entering this month, the RS line is falling below the SR line on the wRSI_SR indicator. It remains to be seen if the RS line falls below the 80 point, indicating a downtrend. (1W chart) It remains to be seen if it can rise above the 58352.80 point this week. In particular, it remains to be seen if it can rise along the upward trend line (3). In the wRSI_SR indicator, we must see if the RS line rises above the SR line and can continue the upward trend. On the CCI-RC indicator, it remains to be seen if the CCI line rises above 323.59 points and continues to rise. (1D chart) We have to see if we can get support from 55811.30-56578.21 and climb above 58968.31. If it falls, we need to see if it can rise along the uptrend line (3). You should watch for movement within the uptrend channels of the uptrend lines (3) and (4). If you can't continue the rise by breaking above the important section of 60.886.07-63423.46, it will eventually fall. So, you have to think about how to respond. If it falls in the 48199.13-50736.52 section, a Stop Loss is required to preserve profit and loss. However, you can touch and climb the 40586.96-45135.66 section, so you need to think about how to respond. This is because you have previously touched the 48199.13-50736.52 section, so there is a possibility that it will break down. If it breaks above 60.886.07-63423.46 and continues its ascent, it is expected to re-orientate in the 78647.80-81185.19 section. ------------------------------------ (XBTUSD 1D chart) We need to see if we can get support at the 55828.0-56641.5 section and get off the downtrend line. If it falls, we need to see if it can rise along the uptrend line (3). We must see if we can break above the downtrend line as we break above the 57577.5-59029.0 interval. It is important whether it rises along the uptrend line (3) between around May 8-10. If it doesn't rise in the 60904.0-63442.0 range, it will eventually fall again. So, you have to think about how to respond. If it falls in the 48214.0-50752.0 range, Stop Loss is required to preserve profit and loss. However, you need to trade carefully as you can touch and climb the 40600.0-45211.5 section. It remains to be seen if the red of OBV on the volume indicator turns green and can increase. On the wRSI_SR indicator, the RS line is about to fall below 50 again. When the short-term downtrend is underway, you need to keep an eye on where you are getting support. On the CCI-RC indicator, it remains to be seen whether the CCI line can rise above the EMA line. In particular, we need to see if it can rise along the drawn uptrend line. The chart doesn't look very good. Still, it is going sideways in the section 50752.0-60904.0, which is a sideways section. In particular, if it moves sideways in the upper sideways section of 55828.0-60904.0, it is expected to rise above the 60904.0 point. ---------------------------------------------- (BTC Dominance (BTC.D) 1M chart) (1D chart) We need to see if it can move down along the downtrend line (3). We need to see if there is any movement outside the 43.75-47.64 range due to volatility around May 9th-15th. In particular, it remains to be seen if it can decline along the downtrend line (3). We have to see if we can touch point 43.17, which was touched as a strange sign due to volatility around May 15th. It remains to be seen if the CCI-RC indicator can fall below the downtrend line where the CCI line is drawn. The possibility of a surge near the 43.17-43.75 section cannot be ruled out, so you should look closely to see if it rises above the downtrend line (3). -------------------------------------------------- (USDT Dominance (USDT.D) 1D chart) You should watch for any movement that deviates from the 2.088-2.473 segment. In particular, it remains to be seen if it can fall below the downtrend line (3). It remains to be seen if it can fall below the important uptrend line (1). Therefore, if it falls below the uptrend line (1), the coin market is expected to continue an uptrend. However, if it rises above 2.842 points, I think the coin market is likely to turn into a downtrend. It remains to be seen if it can decline from the 2.088 point and move to the 1.266-1.654 range. On the CCI-RC indicator, it remains to be seen if the CCI line can touch the EMA line and fall below the drawn uptrend line. The next volatility period is around May 24th. -------------------------------------- It is advisable to trade at your average unit price. This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden. The center of every trade starts with the average unit price you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** 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 transactions. It is 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: Cigar at the time of opening (Example) Gap (G1-G2)
by readCrypto
5
Bitcoin (BTC) - May 6 (Variability Period-10)Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (XBTUSD 1D chart) It remains to be seen if you can break above the 57577.5-59029.0 interval and get off the downtrend line. If it falls, you need to make sure you get support at 55828.0-56641.5. In particular, if it does not fall below the downtrend line, it is expected to lead to an uptrend. At this point, you should watch to see if it rises along the uptrend line (3). You should watch for movement within the uptrend lines (3) and (4). Accordingly, it remains to be seen if there is a move above the 63442.0 point in the movement until around May 10th. If it doesn't rise in the 60904.0-63442.0 range, it will eventually fall again. So, you have to think about how to respond. If it falls in the 48214.0-50752.0 range, Stop Loss is required to preserve profit and loss. However, you need to trade carefully as you can touch and climb the 40600.0-45211.5 section. (1h chart) Check the movement before and after the time indicated on the chart. It gained support and climbed in the support section of 52825.0-54962.5. We have to see if we can get support at 56641.5 and climb above 59029.0. If it falls, we have to see if it gets support at 55828.0. In particular, we have to see if we can keep the price above the downtrend line. On the CCI-RC indicator, we need to see if the CCI line can touch the EMA line and rise more than 100 points. At this time, be aware of the volatility that occurs. If it falls from the 51935.5 point, I think it is a good idea to start lowering the share of holdings by selling some coins. This is because, as mentioned in the 1D chart description, there is a possibility to touch the 40600.0-45211.5 section. Currently, the coin market is at a huge peak. In this case, it is good to obtain profits from short-term transactions, but I think that there is a need to increase the number of coins by recovering the amount of the purchase principal and holding the coins corresponding to the profits rather than buying them again after 100% liquidation of major coins. ---------------------------------------------- (BTCUSDT 1D chart) We need to see if we can break above the 57412.35-58968.31 segment. If it falls, you need to make sure you get support in the range 55811.30-56789.21. You should watch for movement within the uptrend channels of the uptrend lines (3) and (4). If you can't continue the rise by breaking above the important section of 60.886.07-63423.46, it will eventually fall. So, you have to think about how to respond. If it falls in the 48199.13-50736.52 section, a Stop Loss is required to preserve profit and loss. However, you can touch and climb the 40586.96-45135.66 section, so you need to think about how to respond. This is because you have previously touched the 48199.13-50736.52 section, so there is a possibility that it will break down. If it breaks above 60.886.07-63423.46 and continues its ascent, it is expected to re-orientate in the 78647.80-81185.19 section. On the wRSI_SR indicator, the RS line fell at the 80 point, showing a short-term downtrend. It remains to be seen if the RS line can turn into a short-term uptrend at point 50. In the CCI-RC indicator, it remains to be seen if the CCI line can continue to rise, breaking above the EMA line and 100 points. At this time, be aware of the volatility that occurs. ------------------------------------ (BTCKRW 1D chart) We need to see if we can get support at 68567000 and get off the downtrend line (6). If it falls, you need to make sure you get support in the 64246000-66007000 range. If it falls in the 56052000-58981000 range, Stop Loss is required to preserve profit and loss. Secondly, if you touch the 56052000-58981000 section, there is a possibility that it will break down. Accordingly, it is possible to touch and climb the 47268000-51798000 section, so you need to think about how to respond. An attempt was made to break the downtrend line by touching above the 70694000 point. It remains to be seen if it could rise to the 70654000-73622000 range before the next volatility period, around May 10th. The OBV on the volume indicator is turning green. You have to watch the green increase. (Upbit BTCKRW 1D chart) ---------------------------------------- (BTC Dominance (BTC.D) 1D Chart) We need to see if it can move down along the downtrend line (3). If BTC dominance goes up, we have to see if it can get resistance in the 53.20-56.78 range. In particular, we have to touch the downtrend line (1) and see if it can go down. The next volatility period on the BTC Dominance chart is around May 9. Therefore, I think that it is likely around May 9 that we can see the direction of BTC dominance. We have to see if we can touch point 43.17, which was touched as a strange sign due to volatility around May 15th. -------------------------------------------------- (USDT Dominance (USDT.D) 1D chart) The volatility around May 5th (May 4th-May 6th) will keep an eye out for movements that deviate from the 2.088-2.473 range. In particular, it remains to be seen if it can fall below the downtrend line (3). It remains to be seen if it can fall below the important uptrend line (1). Therefore, if it falls below the uptrend line (1), the coin market is expected to continue an uptrend. However, if it rises above 2.842 points, I think the coin market is highly likely to turn into a downtrend. It remains to be seen if it can decline from the 2.088 point and move to the 1.266-1.654 range. -------------------------------------- It is advisable to trade at your average unit price. This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden. The center of every trade starts with the average unit price you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** 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 transactions. It is 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: Cigar at the time of opening (Example) Gap (G1-G2)
BITMEX:BTCUSD.P
by readCrypto
1