BTC CMEWill do it short :
- BTC retraced 38.2% Fibo on CME
- BTC retraced to 50% Fibo (50,000 ish On Exchanges, not on CME)
- Nice gap to take back around 57,800-60,000 zones
if we break down EMA50 ( Green EMA ) then we could see more bearish move to :
- Fibo 68.2% : 47,000
- EMA100 : 43,000 support ( Orange EMA )
- EMA200 : 33,000 support ( Very strong support ) ( Red EMA + Very Big demand zone )
if we retraced already next target should be :
- next TP 74k+
That said this retracement is logic. everything going up have to go down to reinforce before going up again. No need to panic.
i used Chicago CME ( institutional players are here ) , so don't compare BTC price, it's different from Exchanges.
Happy Tr4Ding !
Btc1
Bitcoin (BTC) - April 20Good morning?
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)
We have to see if we can get support at 55828.0 and ascend above 58464.0.
If it falls in the 48214.0-50752.0 range, Stop Loss is required to preserve profit and loss.
The next volatility period is around April 28th.
On the wRSI_SR indicator, it remains to be seen if the RS line rises above 20, indicating a short-term uptrend.
On the CCI-RC indicator, we need to see if the CCI line can touch the downtrend line drawn on the chart and rise above 100 points.
If the CCI line breaks above 100 points, there may be volatility, so careful trading is necessary.
(1h chart)
Check the movement before and after the time indicated on the chart.
It is important to break above the 57577.5-59029.0 interval and deviate from the short-term downtrend line (1) in order to continue the uptrend.
In particular, it remains to be seen if it can maintain the short-term uptrend by rising above the M-Signal line on the 1D chart.
To do this, you must first break off the downtrend line (2) and gain support and rise at 55828.0.
The 52825.0-54962.5 section is an important support section.
----------------------------------------------
(BTCUSDT 1D chart)
We have to see if we can get support at 55811.30 and climb above 58352.80.
If it falls in the 48199.13-50736.52 section, a Stop Loss is required to preserve profit and loss.
The next volatility period is around April 28th.
------------------------------------
(BTC Dominance (BTC.D) 1W chart)
We'll see if we can get resistance at 53.20 and move down.
Also, we need to see if it can decline along the short-term downtrend line (3).
We'll have to see what's going on with the volatility around April 19th (April 18-20).
We believe that the decline in BTC dominance is likely to lead to an upward trend in altcoins.
However, a large decline in BTC dominance can make it more likely that a fake will occur in the flow of BTC price, so trading by predicting the movement of BTC price may result in double losses.
Therefore, it is recommended to check the dominance chart (BTC, USDT) together with the BTC price chart.
Altcoins are showing strong strength despite the weak BTC price.
Currently, the prices of most altcoins are under a downward correction, but they are still bullish.
This situation is contrary to the situation of altcoins, which weakened despite the strong BTC price last year.
The flow of the coin market is changing rapidly.
Accordingly, it seems unreasonable to try to apply the patterns of the past to the current flow.
The period of volatility on the BTC price chart is expected to start as early as around April 25th.
Full-fledged volatility is expected to come from around April 28th-5th around the 4th.
--------------------------------------------------
(USDT Dominance (USDT.D) 1D chart)
It remains to be seen if the volatility around April 27 leads to a movement that deviates from the 2.088-2.473 range.
In particular, it remains to be seen if it can decline along the downtrend line (3).
We believe that the decline in USDT dominance is likely to lead to an increase in the BTC price and the price of the coin market.
-------------------------------------------------- -------------------------------------------
** 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)
Is the island reversal of the CME bitcoin contract a bullish kil
After CME, one of the last bull market killers, launched the contract, Bitcoin ended its bull market at $19,000 and entered a two-year bear market correction, with a range decline of more than 80% and countless copycats going to zero.
Yesterday, the CME bitcoin contract opened, leaving a gap of more than $2,000 to jump, let the above five days of the K line, forming a "floating island." In the technical jargon of financial markets, a "floating island" is generally referred to as a market top or bottom, usually a reversal signal. So is this the start of a new bear market for bitcoin?
In the stock market, generally determined 3 days not to cover the gap for the effective breakthrough. So there are gaps in both the daily and weekly lines. Since the speculative nature of the currency circle is far more than that of the stock market, I would like to use the 3-week K line as the standard, which may be more accurate. Of course, the gap is only a sign that we are looking at the market direction. The trend is more dependent on the MACD. If the weekly MACD dies and falls below MA18, then the gap will be significant.
Bitcoin (BTC) - April 19Good 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)
Please refer to the description of the XBTUSD chart.
(1D chart)
Touched near the 50736.52 point and climbed above the 55811.30 point.
We have to see if we can get support at 55811.30 and climb above 58352.80.
If it falls in the 48199.13-50736.52 section, a Stop Loss is required to preserve profit and loss.
The next volatility period is around April 28th.
The decline, which started on April 14th, has been down by up to -21% or more so far.
I don't think this decline has affected the overall trend of the coin market.
I don't think there is a need to find out for what reason this decline was seen.
I think it is efficient to understand the movement of your coins in the current situation and consider what kind of countermeasure trading to do.
It's a good idea to look at how much resilience compared to other coins the price rises from a sharp decline.
The slow resilience of the price is because the period of rise compared to other coins may be delayed, so trading on it must choose a direction.
It is good to decide the investment direction and continue investing according to the trend of the coin market.
However, if I do not trade according to the average unit price of the coin I am investing in, I will not be able to continue trading properly due to the psychological burden.
Therefore, it is necessary to always think about how to lower the average unit price of the coins you are investing in and trade in response to this.
------------------------------------
(XBTUSD 1W chart)
Departing from the uptrend line (4), you touched the uptrend line (3).
We should see if the week of May 3 is rising along the uptrend line (3).
If the price remains above the 45211.0 point, BTC is expected to continue its upward trend.
Therefore, if it falls from 45211.0, I think there is a high possibility that it will turn into a downtrend.
If it moves downward from 45211.0 and turns to a downtrend, it is expected to gain support and rebound in the first rebound period, 29350.0-33101.0.
If this rebound does not lead to an increase above the 45211.0 point, it is expected to continue the downward trend.
(1D chart)
We have to see if we can get support at 55828.0 and ascend above 58464.0.
If it falls in the 48214.0-50752.0 range, Stop Loss is required to preserve profit and loss.
The next volatility period is around April 28th.
On the wRSI_SR indicator, it remains to be seen if the RS line rises above 20, indicating a short-term uptrend.
Volatility occurred as the CCI line fell below 100 points on the CCI-RC indicator.
You need to see if the CCI line can touch the downtrend line drawn on the chart and rise above 100 points.
If the CCI line breaks above 100 points, there may be volatility, so careful trading is necessary.
----------------------------------------------
(BTC Dominance (BTC.D) 1W chart)
We have to see if we can get resistance at 53.20 and move down.
Also, we need to see if it can decline along the short-term downtrend line (3).
We'll have to see what's going on with the volatility around April 19th (April 18-20).
We believe that the decline in BTC dominance is likely to lead to an upward trend in altcoins.
However, a large decline in BTC dominance can make it more likely that a fake will occur in the flow of BTC price, so trading by predicting the movement of BTC price may result in double losses.
Therefore, it is recommended to check the dominance chart (BTC, USDT) together with the BTC price chart.
--------------------------------------------------
(USDT Dominance (USDT.D) 1D chart)
It remains to be seen if the volatility around April 27 leads to a movement that deviates from the 2.088-2.473 range.
In particular, it remains to be seen if it can decline along the downtrend line (3).
We believe that the decline in USDT dominance is likely to lead to an increase in the BTC price and the price of the coin market.
-------------------------------------------------- -------------------------------------------
** 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 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)
Bitcoin Dump creates HUGE CME Futures Gap to the UPSIDE! (BTC1!)BTC1! CME GAP 📉
The CME Futures currently has created a gap due to the dumpage experienced last night. (60165-51370, BTC is currently at 55,550)
Taking into account that BTCUSD fell out of a rising wedge (Red) the technical target would be in the 45k area..
However seeing that there was a PERFECT bounce off of the bottom this ascending channel coupled with the fact that a major CME Futures gapwas created to the upside, the target of the falling wedge does not necessarily mean it has to be met.
Bitcoin price hit 51,500 area (Bitstamp).
Perfectly testing the bottom of the ascending channel that Bitcoin price action has been in for the past 69 days.
Now lets take an in depth look at BTC, first from an Eagle Eye perspective.
This Weekly chart shows Bitcoin trend for the past 8 years weaving in and out of these Fibonacci channels.
If you look close you can see the important of these Fib channels as Support and Resistance throughout BTC history.
As you can see as we zoom in to take a closer look, Bitcoin has been testing the .786 Fib channel for 9 weeks now.
Slowly making higher highs, while at the same time being rejected from the .786 Fib trend-line each time BTC created a new ATH (3x).
With the last rejection coming from 65K.
Taking a look at the 3 day chart, we can see that No Major trend-lines have been broken by yesterdays price action.
Both the longer term (blue) ascending channel that started in the 10k region,
And the shorter term (yellow) channel are still intact.
Now a bit on the bearish perspective.
Today's Weekly close will be very important, and will likely determine the direction that Bitcoin will follow for the next weeks/months
BTC needs to close above the 55K level at very least to regain its bullish momentum.
A close below 55k could lead to retest of lower support zones
Keep in mind that we have not had a retst of the 21 Weekly averages since we broke 10k.
During the 2015-2017 Bullrun Bitcoin retested and closed weekly candles above these moving averages about 7 times
This was the way we knew that we were still in a bullrun!
38k-43k has ALOT of support to offer Bitcoin in case of a deeper pullback in my opinion.
Looking at this chart we can see ALOT of confluent factors for SOLID support for Bitcoin in the 40k area.
21 Weekly EMA (43.5k, Orange)
21 Weekly MA (41.3K, Blue)
.618 Fibonacci Channel (Yellow diagonal)
Previous ATH (42K)
5 weeks of resistance between 38k-40k (Support Zone)
Weekly RSI is still in bullish @ 65
Weekly MACD is not looking the greatest and could possibly cross bearish in the next week depending on price action.
But Bitcoin pumping from these levels could change the structure of the MACD.
Histogram does show downward momentum, but is still positve
This could very well be a shakeout of weak hands on Weekend Volume.
Or it could be the beginning of a deeper retrace to the 40K levels.
Either way I DO NOT believe this bullrun is over by any means!
Stay tuned for more updates as price action develops.
I hope that you have enjoyed my analysis I will update later tonight after the Weekly close!
Please dont forget to hit the like button and consider Following me for more in depth updates on BTC and Altcoins!
Thank you Very Much for your Support!
-Cryptonacci
BTC1:Critical support at 61100, resistance at 62700 and 65286
The BTC Futures H1 chart reveals a pattern of break out and pullbacks within trading zones starting from 44360
The trading zones are in solid lines breaking down the price structure and makes it easier to recognize the price patterns and trading zones.
The current pullback from 65286 to 61100 trading zone looks normal; the uptrend is still intact, and as long as it holds above 61100, we could be looking at a retest of 62700, 64000, and 65286.
If it fails to hold at 61100, support could be around 60000, 58515, and 56916
Bitcoin (BTC) - April 18Hello?
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)
We must see if we can quickly climb to the 60904.0-63442.0 range.
We need to see if we can store the force to move towards the 71056.0 point by going sideways in the 60904.0-63442.0 section.
If you fall from 58464.0, you need a short stop loss.
However, you can touch the 55828.0 point and go up, 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.
The next volatility period is around April 28th.
The movement in BTC price is likely to be a tedious move until there is a move where the BTC price falls below the 58464.0 point or rises above the 63442.0 point.
----------------------------------------------
(BTCUSDT 1D chart)
We'll have to see if we can quickly climb the 60886.07-63423.46 range.
If you move down from 58352.80, you need a short stop loss.
However, you can touch the 55811.30 point and go up, so you need to trade carefully.
If it falls in the 48199.13-50736.52 section, a Stop Loss is required to preserve profit and loss.
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, the RS line fell below 80 points, showing a short-term downtrend.
When you see this short-term downtrend, you need to see where you are getting support.
In the CCI-RC indicator, it remains to be seen whether the CCI line can break above the EMA line.
If the CCI line falls below 100 points, volatility may occur, so careful trading is necessary.
The next volatility period is around April 28th.
------------------------------------
(BTC Dominance (BTC.D) 1W chart)
We'll see if we can get resistance at 53.20 and move down.
Also, we need to see if it can decline along the short-term downtrend line (3).
Volatility around April 19 may result in a movement above the short-term downtrend line (3), so careful trading is necessary.
If it rises to the important section of 56.78-63.38, I think the coin market is highly likely to turn into a downtrend.
However, I think the bullish market for altcoins is when BTC dominance is located below 63.38 points.
Accordingly, it is always a good idea to check if you are climbing above the 63.38 point.
We believe that the decline in BTC dominance is likely to lead to an upward trend in altcoins.
However, a large decline in BTC dominance can make it more likely that a fake will occur in the flow of BTC price, so trading by predicting the movement of BTC price may result in double losses.
Therefore, it is recommended to check the dominance chart (BTC, USDT) together with the BTC price chart.
--------------------------------------------------
(USDT Dominance (USDT.D) 1D chart)
Due to volatility around April 16 (April 15-17), it rose more than 2.181 points.
It remains to be seen if the volatility around April 27 leads to a movement that deviates from the 2.088-2.473 range.
In particular, it remains to be seen if it can decline along the downtrend line (3).
We believe that the decline in USDT dominance is likely to lead to an increase in BTC price and coin market.
Currently, USDT dominance is moving sideways between 2.088-2.473.
-------------------------------------------------- -------------------------------------------
** 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)
How to operate after the Bitcoin crash?
Bitcoin's "floating flag" is well established, breaking the lower side of the "triangle" on the downside today, triggering a long unwinding, with $600 million of holdings disappearing in one day at OKEx and Huobi.
Here's a reference. The CME exchange is closed from Saturday to Sunday, so when it opens on Monday, the movement of the CME's bitcoin contracts will have a big impact on the currency market.
So far, the CME's bitcoin contract has left two jumps open at $54,400 and $59,400. According to the logic of gap covering, CME's bitcoin contract will cover the following two gaps.
Now there's a problem. If the price of bitcoin is above $54,400 before the market opens on Monday, it means that the impact of long positions being unwound when the CME opens will directly drive the price down.
In other words, the higher the rally now, the more bearish it will be Monday morning.
So let's hope the bouncers here are cautious enough. Stop being cannon fodder for the dealer.
Bitcoin (BTC) - April 14Good morning?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
----------------------------------
It remains to be seen if the XBTUSD chart (60904.0-63442.0) and the BTCUSDT chart (60886.07-63423.46) can gain support and rise.
I think the trading volume needs to increase in order for BTC price to gain support above XBTUSD chart (60904.0 point), BTCUSDT chart (60886.07 point) and above.
Accordingly, BTC dominance is expected to rise, so altcoins' prices may move sideways or fall.
I think it is good to check the support and resistance points of the altcoins you have.
If supported in the current section, it is expected to lead to a movement to create a new wave.
Therefore, if the XBTUSD chart (63442.0 points) and BTCUSDT chart (63423.46 points) break upward and rise, it is expected to touch the XBTUSD chart (71056.0 points) and the BTCUSDT chart (71035.63 points).
-------------------------------------------------- -----
(XBTUSD 1D chart)
We need to see if we can get support at 60904.0-63442.0 and move up along the uptrend line (7).
If you decline at 57577.5, you need a short stop loss.
However, you can touch the 55828.0 point and go up, so you need to trade carefully.
In the CCI-RC indicator, it remains to be seen whether the CCI line can break above the EMA line and continue the uptrend.
If the CCI line and EMA line intersect, volatility may occur, so careful trading is required.
The next volatility period is around April 28th.
(1h chart)
(UTC)
Check the movement before and after the time indicated on the chart.
----------------------------------------------
(BTCUSDT 1D chart)
We have to see if we can get support and climb in the 60886.07-63423.46 section.
If you decline at 57412.35, you need a short stop loss.
However, you can touch the 55811.30 point and go up, so you need to trade carefully.
The next volatility period is around April 28th.
------------------------------------
(BTC Dominance (BTC.D) 1D Chart)
It remains to be seen if the volatility around April 13th (April 12-14) leads to a movement that deviates from the 54.97-56.78 range.
I think the bull market for altcoins is when BTC dominance is below 63.38 points.
Accordingly, it is always a good idea to check if you are climbing above the 63.38 point.
--------------------------------------------------
(USDT Dominance (USDT.D) 1D chart)
You should watch for any movement that deviates from the 2.088-2.473 segment.
The next volatility period is around April 16th.
-------------------------------------------------- -------------------------------------------
** 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)
Bitcoin (BTC) - April 13Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
----------------------------------
It remains to be seen if it can rise above the XBTUSD chart (60904.0 point) and the BTCUSDT chart (60886.07 point) to gain support.
If it doesn't rise, there is a possibility that it will move sideways until around April 28th.
I think that the section of this sideways movement is likely to be the XBTUSD chart (57577.5-60904.0 section) and the BTCUSDT chart (57412.35-60886.07 section).
However, it may fall along the downtrend line, so you need to trade carefully.
If it does not fall below the downtrend line and falls along the trend line, it is expected to lead to an uptrend.
In order for BTC price to gain support above the XBTUSD chart (60904.0 point), BTCUSDT chart (60886.07 point) and above, it is thought that the trading volume needs to be increased.
As a result, BTC dominance is expected to rise, so altcoins' prices may move sideways or fall.
I think it is good to check the support and resistance points of the altcoins you have.
We have to see if there can be any movement to create a new wave.
-------------------------------------------------- -----
(BTCUSDT 1D chart)
If you look at the chart a bit larger, you can say that 50736.52-60886.07 is a sideways section.
Among those sideways, it is currently running sideways in the 55811.30-60886.07 section.
In order to climb above the 60886.07 point, we must continue to move sideways in the 58352.80-60886.07 section and see if we can make a breakthrough attempt.
As the sideways section gradually narrows, the lows are rising.
We'll have to see if we can ascend this time in the 58352.80-60886.07 range, stocking up and dissipating the last force.
I think it is necessary to increase the trading volume in order to rise above the 60886.07 point.
It remains to be seen if the center line can rise as the green of OBV in the volume indicator increases.
If you fall in the 558811.30 section, you will need a short stop loss.
However, you need to trade carefully as you can go up by touching the 48199.13-50736.52 section or the uptrend line (5).
If it does not fall below the downtrend line (7) and falls along the trend line, it is highly likely to lead to an uptrend.
The next volatility period is around April 28th.
------------------------------------
(XBTUSD 1D chart)
You should watch for any movement that deviates from the 58282.0-60904.0 segment.
In particular, we have to see if we can keep the price above the downtrend line (7).
If it falls in the 55828.0 section, a short Stop Loss is required.
However, you need to trade carefully as you can move up after touching the 48214.0-50752.0 section or the uptrend line (5).
----------------------------------------------
(BTC Dominance (BTC.D) 1D Chart)
It remains to be seen if the volatility around April 13th (April 12-14) leads to a movement that deviates from 54.97-56.78.
I think the bull market for altcoins is when BTC dominance is below 63.38 points.
Accordingly, it is always a good idea to check if you are climbing above the 63.38 point.
If you predict the movement of BTC price and proceed with predictive trading for altcoins, there is a possibility of double loss.
Therefore, I think it is better to trade while checking the movement of the dominance chart (BTC, USDT) rather than the movement of the BTC price.
--------------------------------------------------
(USDT Dominance (USDT.D) 1D chart)
You should watch for any movement that deviates from the 2.088-2.473 segment.
We need to see if we can get resistance at the uptrend line (4) and move below the 2.181 point.
The next volatility period is around April 16th.
-------------------------------------------------- -------------------------------------------
** 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)
BTC1! CME gaps are memesPrice action on the CME chart is in ascending triangle currently heading to close the gap at 55.2k which corresponds to the support of the ascending triangle.
If ascending triangle support is broke the measured move will send price to 38K which coincidently correspond to a CME gap.
Orange boxes on the chart are closed CME gaps and the blue ones are still open.
Bitcoin (BTC) - April 12Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
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----------------------------------
The volatility period has ended.
However, there was no movement in the expected section.
Accordingly, there is a possibility of a sideways movement until around April 28th.
I think that the section of this sideways movement is likely to be the XBTUSD chart (57577.5-60904.0 section) and the BTCUSDT chart (57412.35-60886.07 section).
However, it may fall along the downtrend line, so you need to trade carefully.
If it does not fall below the downtrend line and falls along the trend line, it is expected to lead to an uptrend.
-------------------------------------------------- -----
(XBTUSD 1W chart)
It remains to be seen if we can gain support and continue the uptrend between 57577.5-58464.0.
You need to watch the movement as a steep rise could change the uptrend line.
It remains to be seen whether the green increase of OBV in the volume indicator and the upward trend of the center line can continue.
On the wRSI_SR indicator, we have to see if the RS line can rise above the SR line by more than 50 points.
We have to see if we can continue the upward flow.
It remains to be seen whether the CCI line could turn upward on the CCI-RC indicator.
If the CCI line and EMA line intersect, volatility may occur, so careful trading is necessary.
The 45211.0 and 29350.0-33101.0 intervals are important inflection intervals.
Therefore, if you go through this interval, there is a high possibility of volatility.
(1D chart)
During the period of volatility, it rose above the 60904.0 point and fell without support.
It is expected that a retry to rise above the 60904.0 point will come in the near future.
To do that, you need to be supported at 58464.0 or higher.
If it falls below the downtrend line (7),
It touched above the 60904.0 point, but fell without receiving support.
However, it makes sense that it is off the short-term downtrend line.
If you get support above the 58464.0 point, we're expecting an attempt to climb above the 60904.0 point in the near future.
If it falls, we need to touch the short-term downtrend line and see if it can rise.
If it falls in the 55828.0 section, a short Stop Loss is required.
However, you need to trade carefully as you can move up after touching the 48214.0-50752.0 section or the uptrend line (1).
If it falls from the 45211.0 point, a Stop Loss is required to preserve profit and loss.
However, you need to trade carefully as you can touch the uptrend line (8) and rebound.
----------------------------------------------
(BTCUSDT 1W chart)
If it gains support in the 57412.35-58352.80 range, the uptrend is expected to continue.
However, it is possible to move up by changing the uptrend line, so you need to watch the movement.
If you go down at 45135.66, there is a high probability of a downtrend and you need to trade carefully.
(1D chart)
Attempts were made to break above the 60886.07 point, but fell without receiving support.
Accordingly, it is expected that there will be a retry in the near future.
I think it is necessary to increase the trading volume to rise above 60886.07.
It remains to be seen if the center line can rise as the green of OBV in the volume indicator increases.
If you fall in the 558811.30 section, you will need a short stop loss.
However, you need to trade carefully as you can go up by touching the 48199.13-50736.52 section or the uptrend line (5).
If it does not fall below the downtrend line (7) and falls along the trend line, it is highly likely to lead to an uptrend.
The next volatility period is around April 28th.
------------------------------------
(BTC Dominance (BTC.D) 1D Chart)
It remains to be seen if the volatility around April 13th (April 12-14) leads to a movement that deviates from the 54.97-56.78 range.
I think the bull market for altcoins is when BTC dominance is below 63.38 points.
Accordingly, it is always a good idea to check if you are climbing above the 63.38 point.
--------------------------------------------------
(USDT Dominance (USDT.D) 1D chart)
You should watch for any movement that deviates from the 2.088-2.473 segment.
We need to see if we can get resistance at the uptrend line (4) and move below the 2.181 point.
The next volatility period is around April 16th.
-------------------------------------------------- -------------------------------------------
** 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)
Bitcoin (BTC) - April 11 (volatility period-last day)Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also ask for the "Like" clock.
Have a good day.
----------------------------------
The volatility period began around March 24 (March 23-25).
This volatility period can last up to around April 3-10.
This volatility period is expected to end as it deviates from the BTCUSDT chart (between 48199.13-50736.52 or 60886.07-63423.46) and the XBTUSD chart (between 48214.0-50752.0 or 60904.0-63442.0).
It is the last day of the volatility period of BTC.
Accordingly, we have to watch to see if we can touch the section described above.
You have to watch the market situation until the closing price on April 11th.
-------------------------------------------------- -----
(BTCUSDT 1D chart)
We need to see if we can get support from 58352.80-58968.31 and climb above 60886.07
If it falls, we need to touch the short-term downtrend line and see if it can rise.
If you fall in the 558811.30 section, you will need a short stop loss.
However, you need to trade carefully as you can go up by touching the 48199.13-50736.52 section or the uptrend line (5).
If it declines at 48199.13, you need a Stop Loss to preserve profit or loss.
However, you need to trade carefully as you may touch the uptrend line and rebound.
It remains to be seen if the center line can rise as the green of OBV on the volume indicator increases.
It is expected that it will rise above the 60886.07 point only after it breaks through the decline in trading volume.
On the wRSI_SR indicator, before the RS line fell below 20, it changed direction and rose more than 50.
It remains to be seen if this could lead to a rise in BTC prices.
On the CCI-RC indicator, the CCI line is still in a precarious position.
If the CCI line falls below 100 points, or if it breaks above the EMA line, volatility can arise and you need to trade carefully.
------------------------------------
(XBTUSD 1D chart)
It touched above the 60904.0 point, but fell without receiving support.
However, it makes sense that it is off the short-term downtrend line.
If you get support above the 58464.0 point, we're expecting an attempt to climb above the 60904.0 point in the near future.
If it falls, we need to touch the short-term downtrend line and see if it can rise.
If it falls in the 55828.0 section, a short Stop Loss is required.
However, you need to trade carefully as you can move up after touching the 48214.0-50752.0 section or the uptrend line (1).
If it falls from the 45211.0 point, a Stop Loss is required to preserve profit and loss.
However, you need to trade carefully as you can touch the uptrend line (8) and rebound.
----------------------------------------------
(BTC Dominance (BTC.D) 1D Chart)
You should watch for any movement that deviates from the 54.97-56.78 segment.
I think the bull market for altcoins is when BTC dominance is below 63.38 points.
Accordingly, it is always a good idea to check if you are climbing above the 63.38 point.
The next volatility period is around April 13th.
--------------------------------------------------
(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 and fall at the uptrend line (4).
The next volatility period is around April 16th.
Although it is moving sideways between 2.088-2.473, the low is rising.
Therefore, it is important to get resistance by falling below the 2.181 point.
-------------------------------------------------- -------------------------------------------
** 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)
Bitcoin (BTC) - April 10 (Variability Period-19)Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also ask for the "Like" clock.
Have a good day.
----------------------------------
The volatility period began around March 24 (March 23-25).
This volatility period can last up to around April 3-10.
This volatility period is expected to end as it deviates from the BTCUSDT chart (between 48199.13-50736.52 or 60886.07-63423.46) and the XBTUSD chart (between 48214.0-50752.0 or 60904.0-63442.0).
The end of the volatility period for BTC is approaching.
Accordingly, we have to watch to see if we can touch the section described above.
You have to watch the market situation until the closing price on April 11th.
-------------------------------------------------- -----
(XBTUSD 1D chart)
It remains to be seen if it can break above the downtrend line and rise above the 59029.0 point.
In particular, you need to make sure you can get support above the previous high of 58464.0 on the 1M chart.
If it falls, you need to make sure you get support at 57577.5.
If it falls in the 55828.0 section, a short Stop Loss is required.
However, you need to trade carefully as you can move up after touching the 48214.0-50752.0 section or the uptrend line (1).
If it falls from the 45211.0 point, a Stop Loss is required to preserve profit and loss.
However, you need to trade carefully as you can touch the uptrend line (8) and rebound.
----------------------------------------------
(BTCUSDT 1D chart)
It remains to be seen if it can break above the downtrend line and rise above the 58968.31 point.
In particular, you need to make sure you can get support above the previous high of the 1M chart, at 58352.80.
If it falls, we need to make sure it is supported at 57412.35.
If you fall in the 558811.30 section, you will need a short stop loss.
However, you need to trade carefully as you can go up by touching the 48199.13-50736.52 section or the uptrend line (5).
If it declines at 48199.13, you need a Stop Loss to preserve profit or loss.
However, you need to trade carefully as you may touch the uptrend line and rebound.
------------------------------------
(BTC Dominance (BTC.D) 1D Chart)
We have to see if we can get resistance at the critical point, 56.78.
In particular, it remains to be seen if it can fall below the downtrend line (2).
I think the bull market for altcoins is when BTC dominance is below 63.38 points.
Accordingly, it is always a good idea to check if you are climbing above the 63.38 point.
The next volatility period is around April 13th.
--------------------------------------------------
(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 uptrend line (4).
The next volatility period is around April 16th.
Although it is moving sideways between 2.088-2.473, the low is rising.
Therefore, it is important to get resistance by falling below the 2.181 point.
The rise of USDT dominance can lead to downward trend of BTC price and coin market.
-------------------------------------------------- -------------------------------------------
** 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)
Bitcoin (BTC) - April 9 (Variability Period-18)Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also ask for the "Like" clock.
Have a good day.
----------------------------------
The volatility period began around March 24 (March 23-25).
This volatility period can last up to around April 3-10.
This volatility period is expected to end as it deviates from the BTCUSDT chart (between 48199.13-50736.52 or 60886.07-63423.46) and the XBTUSD chart (between 48214.0-50752.0 or 60904.0-63442.0).
The end of the period of volatility for BTC is approaching.
Accordingly, we have to watch to see if we can touch the section described above.
-------------------------------------------------- -----
(BTCUSDT 1D chart)
It remains to be seen if it can break above the downtrend line and rise above the 58968.31 point.
Specifically, you need to make sure you can get support above the previous high of the 1M chart, 58352.80.
If it falls, we need to make sure it is supported at 57412.35.
If you fall in the 558811.30 section, you will need a short stop loss.
However, you need to trade carefully as you can go up by touching the 48199.13-50736.52 section or the uptrend line (5).
If it declines at 48199.13, you need a Stop Loss to preserve profit or loss.
However, you need to trade carefully as you may touch the uptrend line and rebound.
It remains to be seen if the center line can rise as the green of OBV on the volume indicator increases.
I think a lot of trading volume is needed to rise above the 60886.07 point.
If the green of the OBV increases, it means that the buying force is increasing.
------------------------------------
(XBTUSD 1D chart)
It remains to be seen if it can break above the downtrend line and rise above the 59029.0 point.
In particular, you need to make sure you can get support above the previous high of 58464.0 on the 1M chart.
If it falls, you need to make sure you get support at 57577.5.
If it falls in the 55828.0 section, a short Stop Loss is required.
However, you need to trade carefully as you can move up after touching the 48214.0-50752.0 section or the uptrend line (1).
If it falls from the 45211.0 point, a Stop Loss is required to preserve profit and loss.
However, you need to trade carefully as you can touch the uptrend line (8) and rebound.
It remains to be seen if the green of the OBV in the volume indicator can increase.
On the wRSI_SR indicator, the RS line is falling at the 50 point.
When you see this short-term downtrend, you need to see where you're getting support.
In the CCI-RC indicator, it remains to be seen if the CCI line can break above the EMA line and continue the upward trend.
If the CCI line crosses the EMA line, there may be volatility, so careful trading is necessary.
----------------------------------------------
(BTC Dominance (BTC.D) 1D Chart)
We have to see if we can get resistance at the critical point, 56.78.
I think the bull market for altcoins is when BTC dominance is below 63.38 points.
Accordingly, it is always a good idea to check if you are climbing above the 63.38 point.
The next volatility period is around April 13th.
--------------------------------------------------
(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 uptrend line (4).
The next volatility period is around April 16th.
Although it is moving sideways between 2.088-2.473, the low is rising.
Therefore, it is important to get resistance by falling below the 2.181 point.
The rise of USDT dominance can lead to downward trend of BTC price and coin market.
-------------------------------------------------- -------------------------------------------
** 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)
Bitcoin (BTC)-April 8 (Variability Period-17)Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also ask for the "Like" clock.
Have a nice day.
----------------------------------
The volatility period began around March 24 (March 23-25).
This volatility period can last up to around April 3-10.
This volatility period is expected to end as it deviates from the BTCUSDT chart (between 48199.13-50736.52 or 60886.07-63423.46) and the XBTUSD chart (between 48214.0-50752.0 or 60904.0-63442.0).
The end of the period of volatility for BTC is approaching.
Accordingly, we have to watch to see if we can touch the section described above.
-------------------------------------------------- -----
(XBTUSD 1D chart)
We need to get support at 55828.0 and see if there is any movement outside the downtrend line.
If it falls in the 55828.0 section, a short Stop Loss is required.
However, you need to trade carefully as you can move up after touching the 48214.0-50752.0 section or the uptrend line (1).
If it falls from the 45211.0 point, a Stop Loss is required to preserve profit and loss.
However, you need to trade carefully as you can touch the uptrend line (8) and rebound.
It remains to be seen if the green of the OBV in the volume indicator can increase.
On the wRSI_SR indicator, the RS line is falling at the 50 point.
When you see this short-term downtrend, you need to see where you're getting support.
If the CCI line falls below 100 points on the CCI-RC indicator, volatility may occur, so careful trading is necessary.
We must touch the uptrend and downtrend lines drawn on the CCI-RC indicator and see if we can rise above the EMA line and continue the uptrend.
----------------------------------------------
(BTCUSDT 1D chart)
We need to get support at 558811.30 and see if there's any movement outside the downtrend line.
If you fall in the 558811.30 section, you will need a short stop loss.
However, you need to trade carefully as you can go up by touching the 48199.13-50736.52 section or the uptrend line (5).
If it declines at 48199.13, you need a Stop Loss to preserve profit or loss.
However, you need to trade carefully as you may touch the uptrend line and rebound.
------------------------------------
(BTC Dominance (BTC.D) 1D Chart)
It remains to be seen if it can move below the critical point of 56.78.
I think the bull market for altcoins is when BTC dominance is below 63.38 points.
Accordingly, it is always a good idea to check if you are climbing above the 63.38 point.
The next volatility period is around April 13th.
If you look at the BTC Dominance 1W chart, ()
Attempts are being made to get out of the 56.78-68.72 section where BTC dominance is important.
It remains to be seen how far we will get towards the point 43.17, a point that was caused by a strange symptom that occurred on October 31, 2020.
If BTC dominance falls, if you predict the movement of BTC price and proceed with the transaction, you may suffer double losses, so careful trading is necessary.
It is advisable to refer to the USDT dominance to see the trend of the coin market and the movement of the BTC price.
Also, it is advisable to refer to BTC Dominance to check the trend of altcoins.
--------------------------------------------------
(USDT Dominance (USDT.D) 1D chart)
If you remove the gap section from the chart and look at it, you can see that the USDT dominance is located in the 1.266-1.654 section, which is an important section.
As much as the 1.266-1.654 section, if you move to the current candle position, it appears to be about 2.088-2.473 section.
Accordingly, we have to watch for any movement that deviates from the 2.088-2.473 section.
The next volatility period is around April 16th.
-------------------------------------------------- -------------------------------------------
** 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 published by oh92. (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 are not trading 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
BTC SELL SIGNAL: 54KBTC1! FUTURES just broke support and made a lower low so we will finally fill that gap at 54K. Lets see if we get a bounce there, there is a lot of confluence in that zone so that would be a nice long opportunity there. I still remain bullish mid term, immediate short term is a sell for me, also most alts will dump apart from some small shit coins that I prefer not to touch.
IMPORTANT: this is not financial advice, trade or invest at your own risk and research.
Bitcoin (BTC) - April 7 (Variability Period-16)Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also ask for the "Like" clock.
Have a nice day.
----------------------------------
The volatility period began around March 24 (March 23-25).
This volatility period can last up to around April 3-10.
This volatility period is expected to end as it deviates from the BTCUSDT chart (between 48199.13-50736.52 and 60886.07-63423.46) and the XBTUSD chart (between 48214.0-50752.0 and 60904.0-63442.0).
If you look at the BTC Dominance 1W chart, ()
Attempts are being made to get out of the 56.78-68.72 section where BTC dominance is important.
It remains to be seen how far we will get towards the point 43.17, a point that was caused by a strange symptom that occurred on October 31, 2020.
If BTC dominance falls, if you predict the movement of BTC price and proceed with the transaction, you may suffer double losses, so careful trading is necessary.
It is advisable to refer to the USDT dominance to see the trend of the coin market and the movement of the BTC price.
Also, it is advisable to refer to BTC Dominance to check the trend of altcoins.
-------------------------------------------------- -----
(BTCUSDT 1D chart)
It remains to be seen if it can break off the downtrend line and rise to the 58968.31 point.
If it falls, you need to make sure you get support at 55811.30.
If you fall in the 558811.30 section, you will need a short stop loss.
However, you need to trade carefully as you can go up by touching the 48199.13-50736.52 section or the uptrend line (5).
If it declines at 48199.13, you need a Stop Loss to preserve profit or loss.
However, you need to trade carefully as you may touch the uptrend line and rebound.
It remains to be seen if the center line can rise as the green of OBV on the volume indicator increases.
------------------------------------
(XBTUSD 1D chart)
We have to see if we can move above the 59029.0 point as we break off the downtrend line.
If it falls, you need to make sure you get support at 55828.0.
If it falls in the 55828.0 section, a short Stop Loss is required.
However, you need to trade carefully as you can move up after touching the 48214.0-50752.0 section or the uptrend line (1).
If it falls from the 45211.0 point, a Stop Loss is required to preserve profit and loss.
However, you need to trade carefully as you can touch the uptrend line (8) and rebound.
If the CCI line falls below 100 points on the CCI-RC indicator, volatility may occur, so careful trading is necessary.
We must touch the uptrend and downtrend lines drawn on the CCI-RC indicator and see if we can rise above the EMA line and continue the uptrend.
----------------------------------------------
(BTC Dominance (BTC.D) 1D Chart)
We must see if we can get resistance at 56.78 and move below the downtrend line (2).
I think the bull market for altcoins is when BTC dominance is below 63.38 points.
Accordingly, it is always a good idea to check if you are climbing above the 63.38 point.
It remains to be seen if the volatility around April 6th (April 5-7) causes any movement that deviates from the 56.78-59.55 range.
The next volatility period is around April 13th.
--------------------------------------------------
(USDT Dominance (USDT.D) 1D chart)
We must see if we can get resistance at the uptrend line (4) and move below the 2.181 point.
If it falls below the 2.088 point, the coin market is expected to have a new wave.
The next volatility period is around April 16th.
If you remove the gap section from the chart and look at it, you can see that the USDT dominance is located in the 1.266-1.654 section, which is an important section.
-------------------------------------------------- -------------------------------------------
** 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)
Bitcoin (BTC) - April 6 (Variability Period-15)Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also ask for the "Like" clock.
Have a nice day.
----------------------------------
The volatility period began around March 24 (March 23-25).
This volatility period can last up to around April 3-10.
This volatility period is expected to end as it deviates from the BTCUSDT chart (between 48199.13-50736.52 and 60886.07-63423.46) and the XBTUSD chart (between 48214.0-50752.0 and 60904.0-63442.0).
If you look at the BTC Dominance 1W chart, ()
Attempts are being made to get out of the 56.78-68.72 section where BTC dominance is important.
It remains to be seen how far we will get towards the point 43.17, a point that was caused by a strange symptom that occurred on October 31, 2020.
If BTC dominance falls, if you predict the movement of BTC price and proceed with the transaction, you may suffer double losses, so careful trading is necessary.
It is advisable to refer to the USDT dominance to see the trend of the coin market and the movement of the BTC price.
Also, it is recommended to refer to BTC Dominance to check the trend of altcoins.
-------------------------------------------------- -----
(XBTUSD 1D chart)
It remains to be seen if it can move above the 59029.0 point as it breaks off the downtrend line.
If it falls, you need to make sure you get support at 55828.0.
If it falls in the 55828.0 section, a short Stop Loss is required.
However, you need to trade carefully as you can move up after touching the 48214.0-50752.0 section or the uptrend line (1).
If it falls at 48214.0, you need a Stop Loss to preserve profit or loss.
However, you need to trade carefully as you can touch the uptrend line (8) and rebound.
(1W chart)
(UTC)
Check the movement before and after the time indicated on the chart.
To rise above the 60904.0 point, we have to see if we can keep the price above the downtrend line.
The M-Signal line on the 1D chart is rising to near the previous high of 54577.5 on the 1M chart.
If the price is maintained above the M-Signal line on the 1D chart, the short-term uptrend is expected to continue.
----------------------------------------------
(BTCUSDT 1D chart)
In particular, it remains to be seen if it can break off the downtrend line and rise to the 58968.31 point.
If it goes down, you need to make sure you get support at 55811.30.
If you fall in the 558811.30 section, you will need a short stop loss.
However, you need to trade carefully as you can go up by touching the 48199.13-50736.52 section or the uptrend line (5).
If it falls at 48199.13, you need Stop Loss to preserve your profit and loss.
However, you need to trade carefully as you may touch the uptrend line and rebound.
------------------------------------
(BTC Dominance (BTC.D) 1D Chart)
We have to see if we can get below 56.78 points.
I think the bull market for altcoins is when BTC dominance is below 63.38 points.
Therefore, it is always a good idea to check if you are climbing above the 63.38 point.
It remains to be seen if the volatility around April 6th (April 5-7) causes any movement that deviates from the 56.78-59.55 range.
--------------------------------------------------
(USDT Dominance (USDT.D) 1D chart)
We'll see if we can get resistance at the uptrend line (4) and drop below the 2.181 point.
If it falls below the 2.088 point, the coin market is expected to have a new wave.
The next volatility period is around April 16th.
If you remove the gap section from the chart and look at it, you can see that the USDT dominance is located in the 1.266-1.654 section, which is an important section.
-------------------------------------------------- -------------------------------------------
** 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 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)
Bitcoin (BTC)-April 5 (Variability Period-14)Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also ask for the "Like" clock.
Have a nice day.
----------------------------------
The volatility period began around March 24 (March 23-25).
This volatility period can last up to around April 3-10.
This volatility period is expected to end as it deviates from the BTCUSDT chart (between 48199.13-50736.52 and 60886.07-63423.46) and the XBTUSD chart (between 48214.0-50752.0 and 60904.0-63442.0).
It is necessary to check the support and resistance points of altcoins, and trade corresponding to the target point or Stop Loss point set by you.
When the BTC price goes sideways, we have to see how much the coin's price recovers.
If you trade only by looking at the movement of the BTC price, you will see double losses.
Accordingly, it is necessary to check the trend of the coin market with the movement of the USDT dominance chart, and the trend of the altcoins with the movement of the BTC dominance chart.
-------------------------------------------------- -----
(BTCUSDT 1W chart)
We'll have to see if it can close above the 58352.80 point.
The 58352.80 point is the previous high on the 1M chart.
In particular, it remains to be seen if it can rise along the uptrend line.
If it falls, you can touch the 45135.66 point, so you need to trade carefully.
(1D chart)
We have to see if we can quickly ascend to the 58968.31 point.
If it falls, you need to make sure you get support at 55811.30.
If you fall between 54087.67-558811.30, you need a short stop loss.
However, you need to trade carefully as you can go up by touching the 48199.13-50736.52 section or the uptrend line (5).
If it falls from the 4.586.96 point, a Stop Loss is needed to preserve the profit and loss.
It remains to be seen if the red of OBV on the volume indicator turns green and can increase.
Also, we need to see if the center line can rise as the green of the OBV increases.
If the center line rises as the red of the OBV increases, the BTC price will plummet, so careful trading is necessary.
On the wRSI_SR indicator, the RS line fell at the 80 point, showing a short-term downtrend.
At this point, you need to see where the BTC price is gaining support.
On the CCI-RC indicator, we must see if the CCI line can rise as it crosses the EMA line.
If the CCI line falls below 100 points, volatility may occur, so careful trading is necessary.
------------------------------------
(XBTUSD 1W chart)
You'll have to watch for closings above 58464.0.
The 58464.0 point is the previous high on the 1M chart.
You also need to see if you can move up along the uptrend line.
If it falls, you can touch the 45211.0 point, so you need to trade carefully.
(1D chart)
You should watch for any movement that deviates from the 55828.0-60904.0 segment.
In particular, we have to see if we can rise above the 59029.0 point and gain support.
If it falls, you need to make sure you get support at 55828.0.
If you decline in the 54122.5-55828.0 section, a short stop loss is required.
However, you need to trade carefully as you can move up after touching the 48214.0-50752.0 section or the uptrend line (1).
If it falls from the 40600.0 point, you need a Stop Loss to preserve profit or loss.
(1h chart)
(UTC)
Check the movement before and after the time indicated on the chart.
The points at which altcoins' prices are expected to react are at 57976.5, 56304.5, and 54547.5.
Therefore, it is important to check the support and resistance points of the altcoins you hold.
----------------------------------------------
(BTC Dominance (BTC.D) 1D Chart)
I think the bull market for altcoins is when BTC dominance is below 63.38 points.
Therefore, it is always a good idea to check if you are climbing above the 63.38 point.
It remains to be seen if the volatility around April 6th (April 5-7) causes any movement that deviates from the 56.78-59.55 range.
--------------------------------------------------
(USDT Dominance (USDT.D) 1D chart)
You should watch for any movement that deviates from 2.181-2.345.
In particular, we have to see if we can get resistance and fall at the uptrend line (1).
It is rising along the uptrend line (4).
Accordingly, it is expected that volatility will occur in the near future. (Before April 16th)
(1W chart)
If you remove the gap section from the chart and look at it, you can see that the USDT dominance is located in the 1.266-1.654 section, which is an important section.
--------------------------------------
If you look at the charts of most major coins, it has either risen near the previous high or is exceeding the previous high.
These rises are expected to rise even more when the BTC price rises above 60K and moves towards 70K.
However, if the BTC price fails to rise to 60K, it is expected that it will eventually turn into a downtrend, so careful trading is necessary.
Currently, BTC is in the period of volatility, and the coin market is in the overheating zone.
In such a market situation, if you enter as the price rises, the rate of return may be negative.
The coin price is recording positive, but the yield of the coin I bought is negative.
Therefore, if you are not familiar with day-to-day trading or short-term trading, it is recommended to enter when the coin price declines and then moves sideways and shows support at some point.
-------------------------------------------------- -------------------------------------------
** 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 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 published by oh92. (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)
Bitcoin (BTC) - April 4 (Variability Period-13)Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also ask for the "Like" clock.
Have a nice day.
----------------------------------
The volatility period began around March 24 (March 23-25).
This volatility period can last up to around April 3-10.
This volatility period is expected to end as it deviates from the BTCUSDT chart (48199.13-50736.52 and 60886.07-63423.46) and XBTUSD chart (48214.0-50752.0 and 60904.0-63442.0)
It is necessary to check the support and resistance points of altcoins, and trade corresponding to the target point or Stop Loss point set by you.
When the BTC price goes sideways, we have to see how much the coin's price recovers.
If you trade only by looking at the movement of the BTC price, you will see double losses.
Accordingly, it is necessary to check the trend of the coin market with the movement of the USDT dominance chart, and the trend of the altcoins with the movement of the BTC dominance chart.
-------------------------------------------------- -----
(XBTUSD 1D chart)
You should watch for any movement that deviates from the 55828.0-60904.0 segment.
In particular, we have to see if we can rise above the 59029.0 point and gain support.
We need to see if it can rise along the uptrend line (7).
If it falls, you need to make sure you get support at 55828.0.
If it falls between 54122.5-55828.0, a short stop loss is required.
However, you need to trade carefully as you can move up after touching the 48214.0-50752.0 section or the uptrend line (1).
If it falls from the 40600.0 point, you need a Stop Loss to preserve profit or loss.
(1h chart)
Check the movement before and after the time indicated on the chart.
The points at which altcoins' prices are expected to react are at 57976.5, 56304.5, and 54547.5.
Accordingly, it is important to check the points of support and resistance of the altcoins you hold.
----------------------------------------------
(BTCUSDT 1D chart)
We have to see if we can quickly ascend to the 58968.31 point.
If it falls, you need to make sure you get support at 55811.30.
If you fall between 54087.67-558811.30, you need a short stop loss.
However, you need to trade carefully as you can go up by touching the 48199.13-50736.52 section or the uptrend line (5).
If it falls from the 4.586.96 point, a Stop Loss is needed to preserve the profit and loss.
(1h chart)
Altcoins prices are expected to react at 57940.0 56355.14 and 54574.41
Accordingly, it is important to check the points of support and resistance of the altcoins you hold.
------------------------------------
(BTC Dominance (BTC.D) 1D Chart)
We have to see if we can get resistance and move down the 58.89-59.55 range.
In particular, you need to touch the downtrend lines (3) and (5) and see if you can go down.
I think the bull market for altcoins is when BTC dominance is below 63.38 points.
Therefore, it is always a good idea to check if you are climbing above the 63.38 point.
It remains to be seen if the volatility around April 6 leads to any movement outside the 56.78-59.55 range.
--------------------------------------------------
(USDT Dominance (USDT.D) 1D chart)
You should watch for any movement that deviates from 2.181-2.345.
In particular, we have to see if we can get resistance and fall at the uptrend line (1).
If you remove the gap section from the chart and look at it, you can see that the USDT dominance is located in the 1.266-1.654 section, which is an important section.
Accordingly, if the actual chart rises above the 2.406 point or the uptrend line (1), the coin market is highly likely to turn into a downtrend.
However, you need to trade carefully as you can touch the M-Signal line of the 1W chart and fall.
--------------------------------------
If you look at the charts of most of the major coins, they are either rising near their previous highs or exceeding their previous highs.
These rises are expected to rise even more when the BTC price rises above 60K and moves towards 70K.
However, if the BTC price fails to rise to 60K, it is expected that it will eventually turn into a downtrend, so careful trading is necessary.
Currently, BTC is in the period of volatility, and the coin market is in the overheating zone.
In this market situation, if you enter along with rising prices, the rate of return may be negative.
The coin price is recording positive, but the yield of the coin I bought is negative.
Therefore, if you are not familiar with same-day trading or short-term trading, it is recommended to enter when the coin price declines and then moves sideways and shows support at some point.
-------------------------------------------------- -------------------------------------------
** 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)