Bitcoin (XBT) - February 17 (volatility period-4)Hello?
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You need to make sure you are supported in the 48214.0-50752.0 section.
If it falls, it remains to be seen if it can gain support at 44888.0 and move up along the uptrend line (6).
If it falls at 44888.0, a short stop loss is needed.
If it falls in the 38225.0-40600.0 section, you can touch the 30448.0-32986.0 section, so you need a Stop Loss to preserve profit or loss.
A response that is too quick during the volatility period around February 15-21 can result in losses.
I think that by touching the 50752.0 point or higher, the expectation for a rise has been amplified.
Accordingly, we have to watch for an ascending movement past the 50752.0 point and towards the 55828.0 point.
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(BTC Dominance 1D Chart)
You should watch for any movement that deviates from 58.89-63.38.
In particular, we need to see if it can fall below the 61.20 point.
We believe that rising or falling BTC dominance affects the rising and falling prices of altcoins.
We have to see what's going on between February 14th and 26th.
If BTC dominance rises above 63.38 points, altcoin price is expected to turn downward.
--------------------------------------------------
(USDT Dominance 1D Chart)
You should watch for any movement that deviates from 1.952-2.349.
In particular, we have to watch to see if it is below the uptrend line (1).
We'll see if it rises to 2.187-2.541 between February 14-18.
If it goes up, you need to make sure you get resistance at the downtrend line (2).
If the USDT dominance can be maintained below the uptrend line (1), the coin market is expected to maintain an uptrend.
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I think USDT Dominance allows us to know the flow of the entire coin market.
Currently, USDT dominance is below the uptrend line (1).
However, it is showing a short-term uptrend, so it remains to be seen if it falls below the 2.187 point.
Since the BTC price touched more than 50K points, it amplified expectations for an increase.
In order to reflect this expectation in the coin market, I think it is necessary to keep the price above 48K.
Accordingly, BTC dominance is showing an upward trend as funds are concentrated in BTC.
In order to continue the bull market of altcoins, we believe that BTC price must rise to 50K as soon as possible.
-------------------------------------------------- -------------------------------------------
** 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.
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 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: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Btc1
Bitcoin (XBT) - February 16 (volatility period-3)Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
You need to make sure you are supported in the 48214.0-50752.0 section.
If it falls, it remains to be seen if it can get support at 44888.0 and move up along the uptrend line (6).
If you move down at 44888.0, you need a short stop loss.
If it falls in the 38225.0-40600.0 section, you can touch the 30448.0-32986.0 section, so you need a Stop Loss to preserve profit or loss.
On the 1.OBV indicator, it remains to be seen if OBV can rise near 13.496B as the width of the buy (green) increases.
It remains to be seen whether the RS line turns into a short-term uptrend in the 2.wRSI_SR indicator.
3. On the CCI-RC indicator, we must watch if the CCI and EMA lines rise.
First of all, if you get support at 48214.0, the indicators described above will start to show an upward trend.
The price of major coins is showing a correction as BTC price moves sideways in the peak section.
I think this is telling us that USDT Dominance's movement is unchanged.
We believe that escaping from these movements could escape as the trading volume of BTC increases.
If the price closes above the 48214.0 point and then keeps falling below the 48214.0 point, I think the BTC price is likely to decline.
Accordingly, if the price is closed above the 48214.0 point, I think it should show a small decline below the 48214.0 point.
You have to set the points of support, resistance, and stop loss points of the coins you have, and think in advance how to deal with them when you reach that point.
This volatility could lead to movement between 38225.0-40600.0 or 55828.0.
Around February 15th (February 14-16)-During the volatility period around the 21st, responding too quickly can lead to losses.
Therefore, I think it is good to watch the situation with the BTC Dominance and USDT Dominance charts.
If it gets support at 48214.0, it is expected to lead to further gains.
-----------------------------------------------
(BTC Dominance 1D Chart)
You should watch for any movement that deviates from 58.89-63.38.
In particular, we need to see if it can decline between 61.20-62.12.
We believe that rising or falling BTC dominance affects the rising and falling prices of altcoins.
We have to see what's going on between February 14th and 26th.
If BTC dominance rises above 63.38 points, altcoin price is expected to turn downward.
--------------------------------------------------
(USDT Dominance 1D Chart)
You should watch for any movement that deviates from 1.952-2.349.
In particular, we have to watch to see if it is below the uptrend line (1).
We'll see if it rises to 2.187-2.541 between February 14-18.
If it goes up, you need to make sure you get resistance at the downtrend line (2).
If the USDT dominance can be maintained below the uptrend line (1), the coin market is expected to maintain an uptrend.
-------------------------------------------------- -------------------------------------------
** 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.
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 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: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Bitcoin (XBT)-February 15 (volatility period-2)Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
You need to make sure you are supported in the 48214.0-50752.0 section.
If it falls, it remains to be seen if it can gain support at 44888.0 and move up along the uptrend line (6).
If you move down at 44888.0, you need a short stop loss.
If it falls in the 38225.0-40600.0 section, you can touch the 30448.0-32986.0 section, so you need a Stop Loss to preserve profit or loss.
The OBV, wRSI_SR, and CCI-RC indicators are all declining or declining.
As a result, volatility may occur, so careful trading is necessary.
You have to set the points of support, resistance, and stop loss points of the coins you have, and think in advance how to deal with them when you reach that point.
This volatility could lead to movement between 38225.0-40600.0 or 55828.0.
The next volatility period is around February 15th (February 14-16)-around 21st.
Responding too quickly during a period of volatility can be costly.
Accordingly, I think it is good to watch the situation with the BTC Dominance and USDT Dominance charts.
If it gets support at 48214.0, it is expected to lead to further gains.
-----------------------------------------------
(BTC Dominance 1D Chart)
You should watch for any movement that deviates from 58.89-63.38.
In particular, we need to see if it can fall below the 61.20 point.
We believe that rising or falling BTC dominance affects the rising and falling prices of altcoins.
We have to see what's going on between February 14th and 26th.
--------------------------------------------------
(USDT Dominance 1D Chart)
You should watch for any movement that deviates from 1.952-2.349.
In particular, we have to watch to see if it is below the uptrend line (1).
We'll see if it rises to 2.187-2.541 between February 14-18.
If it goes up, you need to make sure you get resistance at the downtrend line (2).
If the dominance can be maintained below the uptrend line (1), the coin market is expected to maintain an uptrend.
If BTC dominance rises above 63.38 points, altcoin price is expected to turn into a downward trend.
-------------------------------------------------- -------------------------------------------
** 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.
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 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: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Bitcoin (XBT) - February 14 (volatility period)Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
We have to see if we can ascend to the 48214.0-50752.0 range.
If it falls, it remains to be seen if it can get support at 44888.0 and move up along the uptrend line (6).
If it falls in the 38225.0-40600.0 section, you can touch the 30448.0-32986.0 section, so a short Stop Loss is required.
As the first test point, you need to make sure you are supported at 46417.5.
If it falls from 46417.5, the Heikin Ashi candle is likely to turn to a bearish mark.
The OBV indicator, wRSI_SR indicator, and CCI-RC indicator are all declining or declining.
As a result, volatility may occur, so careful trading is necessary.
You have to set the points of support, resistance, and stop loss points of the coins you have, and think in advance how to deal with them when you reach that point.
This volatility could lead to movement in the 38225.0-55828.0 interval.
The next volatility period is around February 15th (February 14-16)-around 21st.
Responding too quickly during a period of volatility can be costly.
Accordingly, I think it is good to watch the situation with the BTC Dominance and USDT Dominance charts.
-----------------------------------------------
(BTC Dominance 1D Chart)
You need to see if you get resistance at the uptrend line (1).
We believe that rising or falling BTC dominance affects the rising and falling prices of altcoins.
It remains to be seen if it can decline along the downtrend line (5) between February 14-26.
--------------------------------------------------
(USDT Dominance 1D Chart)
You should watch for any movement that deviates from 1.952-2.349.
In particular, we have to watch to see if it is below the uptrend line (1).
If the dominance can be maintained below the uptrend line (1), the coin market is expected to maintain an uptrend.
We'll see if it rises to 2.187-2.541 between February 14-18.
If it goes up, you need to make sure you get resistance at the downtrend line (2).
-------------------------------------------------- -------------------------------------------
** 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.
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 from 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 or 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: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Bitcoin (XBT, including short-term strategy) - 13 FebHello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
We have to see if we can ascend to the 48214.0-50752.0 range.
If it falls, it remains to be seen if it can get support at 44888.0 and move up along the uptrend line (6).
If it falls in the 38225.0-40600.0 section, you can touch the 30448.0-32986.0 section, so a short Stop Loss is required.
On the wRSI_SR indicator, the RS line fell below 80, turning into a short-term downtrend.
Accordingly, you need to see where you are getting support and resistance.
It remains to be seen if the CCI-RC indicator can rise above the uptrend line drawn by the CCI line.
It remains to be seen if it can rise above the uptrend line (A).
If the CCI line crosses the EMA line, volatility may occur.
The next volatility period is around February 15-21.
-----------------------------------------------
(BTC Dominance 1D Chart)
It remains to be seen if it can fall below the uptrend line (1).
We believe that rising or falling BTC dominance affects the rising and falling prices of altcoins.
The next volatility period is around February 15th.
--------------------------------------------------
(USDT Dominance 1D Chart)
You should watch for any movement that deviates from 1.952-2.349.
In particular, we have to watch to see if it is below the uptrend line (1).
If the dominance can be maintained below the uptrend line (1), the coin market is expected to maintain an uptrend.
The next volatility period is around February 15-17.
-------------------------------------------------- ------
USDT dominance is falling after resistance at the uptrend line (1), an important trend line.
In addition, BTC dominance is also likely to decline by touching the uptrend line (1) again.
Accordingly, altcoin's bull market continues.
As the altcoin's bull market continues, most of the cases are rising when you sleep and wake up no matter which coin you buy.
However, even in the bullish market of coins, you must set Stop Loss before buying.
Otherwise, when the coin market suddenly turns into a downtrend, there may be cases where you cannot sell and have to hold months-years, so careful trading is required.
No one knows when to sell in a bull market.
However, in order to sell at the high point, the only way to sell is to sell when it surges.
It's best to get more returns from these bull markets, but you should also think about ways to keep your investments more stable by recovering the principal you invested.
However, if the principal is recovered, the return will decrease.
It is up to you to decide which method you will use to earn money.
-------------------------------------------------- -------------------------------------------
** 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.
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 from 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 or 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: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Bitcoin (XBT, including short term strategy) - Feb 12Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
We have to see if we can ascend to the 48214.0-50752.0 range.
If it falls, we need to see if it can rise along the uptrend line (6).
If it falls in the 38225.0-40600.0 section, you can touch the 30448.0-32986.0 section, so a short Stop Loss is required.
On the wRSI_SR indicator, the RS line falls below 80 and is about to turn to a short-term downtrend.
So, you need to see where you are getting support and resistance.
It remains to be seen if the CCI-RC indicator can rise above the uptrend line drawn by the CCI line.
It remains to be seen if it can rise above the uptrend line (A).
The next volatility period is around February 15-21.
-----------------------------------------------
(BTC Dominance 1D Chart)
You should watch for any movement that deviates from 61.20-63.38.
In particular, it remains to be seen if it can fall below the uptrend line (1).
We believe that rising or falling BTC dominance affects the rising and falling prices of altcoins.
The next volatility period is around February 15th.
--------------------------------------------------
(USDT Dominance 1D Chart)
Resistance at the uptrend line (1), falling below the 2.187 point.
If the dominance can be maintained below the uptrend line (1), the coin market is expected to maintain an uptrend.
The next volatility period is around February 15-17.
-------------------------------------------------- -------------------------------------------
** 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.
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 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: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Bitcoin (XBT, including short-term strategy) - Feb 11Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
You should watch for any movement that deviates from the 40600.0-48214.0 segment.
In particular, it remains to be seen if it can rise along the uptrend line (6).
If it falls, you need to make sure you get support in the 38225.0-40600.0 range.
If it falls in the 38225.0-40600.0 section, you can touch the 30448.0-32986.0 section, so a short Stop Loss is required.
In the wRSI_SR indicator, we must see if the RS line can be maintained above 80.
It remains to be seen if the CCI-RC indicator can rise above the uptrend line drawn by the CCI line.
The next volatility period is around February 15-21.
-----------------------------------------------
(BTC Dominance 1D Chart)
You should watch for any movement that deviates from 61.20-63.38.
In particular, it remains to be seen if it can fall below the uptrend line (1).
We believe that rising or falling BTC dominance affects the rising and falling prices of altcoins.
If BTC dominance and USDT dominance rise together, the coin market may turn into a downtrend, so careful trading is necessary.
--------------------------------------------------
(USDT Dominance 1D Chart)
We'll find resistance at the uptrend line (1) and see if we can move below the 2.187 point.
If the dominance can be maintained below the uptrend line (1), the coin market is expected to maintain an uptrend.
(1h chart)
You should see the flow past the time indicated on the chart.
-------------------------------------------------- -------------------------------------------
** 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.
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 from 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 or 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: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Bitcoin (XBT, including short-term strategy) - Feb 10Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
The volatility around February 10 should be watched to see if there is any movement that deviates from the 44715.0-47996.5 (up to 41433.5-47996.5) range.
In particular, it remains to be seen if it can rise along the uptrend line (6).
If it falls, you need to make sure you get support at 40340.0-41433.5.
On the wRSI_SR indicator, it remains to be seen if the CCI line can rise above the uptrend line drawn.
If you decline at 34107.5, you need a short stop loss.
However, it shows a lot of difference from the current price location, so you need to think about how to respond to the 34107.5 point.
If it falls in the 27039.5-29350.0 interval, it is expected to turn into a downtrend, so you need to think about how to respond.
If it rises to the 47996.5-49090.0 section, it is expected to re-determine the flow of BTC.
It's a good idea to keep an eye on the current market movement while referring to the USDT dominance chart.
We believe USDT Dominance informs private traders of the flow of funds in real time within a limited range.
-----------------------------------------------
(BTC Dominance 1D Chart)
We'll see if we can get resistance at the M-Signal line on the 1W chart and drop below the 63.38 point.
In particular, it remains to be seen if it can decline along the downtrend line (5).
We believe that rising or falling BTC dominance affects the rising and falling prices of altcoins.
If BTC dominance and USDT dominance rise together, the coin market could turn into a downtrend, so careful trading is necessary.
--------------------------------------------------
(USDT Dominance 1D Chart)
We'll find resistance at the uptrend line (1) and see if we can move below the 2.187 point.
If the dominance can be maintained below the uptrend line (1), the coin market is expected to maintain an uptrend.
-------------------------------------------------- -------------------------------------------
** 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.
Hence, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula from 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 or 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: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Bitcoin (XBT, including short-term strategy) - Feb 9Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
You should watch for any movement that deviates from the 44715.0-47996.5 segment.
If it falls, you need to make sure you get support at 40340.0-41433.5.
If you decline at 34107.5, you need a short stop loss.
However, it shows a lot of difference from the current price position, so you need to think about how to respond to the 34107.5 point.
If it falls in the 27039.5-29350.0 interval, it is expected to turn into a downtrend, so you need to think about how to respond.
If it rises to the 47996.5-49090.0 section, it is expected to re-determine the flow of BTC.
-----------------------------------------------
(BTC Dominance 1D Chart)
As the BTC price surged, the BTC dominance rose.
Until the price of BTC plunges, I think this is a temporary phenomenon.
Dominance has the potential to touch up to 67.44 points.
If it rises above the 67.44 point, I think it is highly likely that altcoins are in a downward trend.
However, I think it is better to touch the M-Signal line of the 1W chart and fall.
We believe that rising or falling BTC dominance affects the rising and falling prices of altcoins.
If BTC dominance and USDT dominance rise together, the coin market could turn into a downtrend, so careful trading is necessary.
--------------------------------------------------
(USDT Dominance 1D Chart)
Between February 3 and 16, we have to watch for movements that deviate from 2.187-2.842.
We'll see if we can get resistance at the uptrend line (1) and move below the 2.187 point.
(All Period)
Touch the uptrend line (1) and you can see the USDT dominance rising.
As such, I think the uptrend line (1) has an important meaning.
With two large gap rises, it seemed that it would never be possible to touch the uptrend line (1) again, but it is now falling below the uptrend line (1).
As a lot of money has entered and used the coin market, the price of coins is showing a lot of rise.
If you look at the previous trend, the current coin market can be a period in preparation for a decline.
Accordingly, careful trading is necessary.
-------------------------------------------------- -------------------------------------------
** 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.
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: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Bitcoin (XBT) - February 8 (when to choose direction)Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
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-------------------------------------------------- -----
We have to see if we can get support at 40340.0-41433.5.
If it falls, we need to make sure we get support at 38225.0.
If you decline at 34107.5, you need a short stop loss.
If it falls in the 27039.5-29350.0 interval, it is expected to turn into a downtrend, so you need to think about how to respond.
If it gets support in the 40340.0-41433.5 section, it is expected to re-determine the flow of BTC.
It remains to be seen if it can rise within the short-term bullish channel range.
The 38225.0-44715.0 section is the section that is likely to decline after completing the'M' pattern.
Accordingly, I think it is good to see an upward movement accompanied by a large amount of trading.
It remains to be seen if the volume indicator's OBV can rise as the buy width (green) increases near the 13.496B point.
On the wRSI_SR indicator, the RS and SR lines have risen to more than 80 points.
As a result, volatility may occur, so careful trading is necessary.
On the CCI-RC indicator, we must see if the CCI line can intersect the EMA line.
The next volatility period is around February 10th.
It is time to watch BTC re-determine the flow.
-----------------------------------------------
(BTC Dominance 1D Chart)
It remains to be seen if the volatility around February 7th (February 6--8) causes any movement that deviates from 61.20-67.44.
In particular, it remains to be seen if it can fall below the downtrend line (3).
--------------------------------------------------
(USDT Dominance 1D Chart)
Between February 3 and 16, we have to watch for movements that deviate from 2.187-2.842.
It remains to be seen if the dominance can be maintained below the 2.541-2.670 interval between around February 9th-16th, i.e. below the downtrend line (2).
In particular, it remains to be seen if it can fall below the uptrend line (1).
If it fails to fall below the uptrend line (1), the USDT dominance is expected to rise eventually.
If USDT dominance rises, the coin market will start to decline.
-------------------------------------------------- -------------------------------------------
** 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.
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 from 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 or 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: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Bitcoin (XBT) - February 7 (when to choose direction)Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
We have to see if we can get support at 40340.0-41433.5.
If it falls, we need to make sure we get support at 38225.0
If you decline at 34107.5, you need a short stop loss.
If it falls in the 27039.5-29350.0 interval, it is expected to turn into a downtrend, so you need to think about how to respond.
If it gets support at 40340.0-41433.5, it is expected to re-determine the flow of BTC.
It remains to be seen if it can rise within the short-term bullish channel.
The 38225.0-44715.0 section is the section that is likely to decline after completing the'M' pattern.
Accordingly, I think it is good to see an upward movement accompanied by a large amount of trading.
It remains to be seen if the volume indicator's OBV can rise as the buy width (green) increases near the 13.496B point.
In the wRSI_SR indicator, the RS and SR lines have risen to more than 80 points.
As a result, volatility may occur, so careful trading is necessary.
On the CCI-RC indicator, we must see if the CCI line can intersect the EMA line.
The next volatility period is around February 10th.
It's time to watch the BTC flow again.
-----------------------------------------------
(BTC Dominance 1D Chart)
It remains to be seen if the volatility around February 7th (February 6--8) causes any movement that deviates from 61.20-67.44.
BTC dominance rose as the price of BTC rose.
I think this means that the funds are being concentrated in BTC.
Accordingly, it is highly likely that altcoins' prices will move sideways or fall.
If the BTC dominance falls when the BTC price reaches a certain section or point and moves sideways, the price of altcoins is expected to rise.
--------------------------------------------------
(USDT Dominance 1D Chart)
Between February 3 and 16, we have to watch for movements that deviate from 2.187-2.842.
The upward trend line (1) has been touched since February 14, 2020.
This time we need to see if it can fall below the uptrend line (1).
If it fails to fall below the uptrend line (1) this time, I think there is a high possibility that it will turn into a downtrend as it is.
Therefore, I think it is more important to choose when to recover the principal investment and to select a selling point to realize profits rather than a new investment.
-------------------------------------------------- -------------------------------------------
** 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.
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 from 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 or 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: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Bitcoin (XBT, including short term strategy) - February 6Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
Climb above the 38152.5 point and see if it is supported.
If it falls, you need to make sure you get support in the 34871.0-35964.5 range.
If you decline at 34107.5, you need a short stop loss.
If it falls in the 27039.5-29350.0 interval, it is expected to turn into a downtrend, so you need to think about how to respond.
If it is supported above the 38152.5 point, it is expected to move up to 40340.0-41433.5 and re-orientate.
It remains to be seen if it can rise within the short-term bullish channel range.
It remains to be seen if the volume indicator's OBV can rise as the buy width (green) increases near the 13.496B point.
The width of the buy (green) is increasing, but it is falling.
We need to see if OBV rises.
In the wRSI_SR indicator, the RS line must be positioned above 80 points, so we must watch whether the SR line can ascend near the 80 point.
When the RS and SR lines cross, the volatility that occurs requires careful trading.
On the CCI-RC indicator, we must see if the CCI line can intersect the EMA line.
The 38225.0-44715.0 section is the section that is likely to decline after completing the'M' pattern.
Accordingly, I think it is good to see an upward movement accompanied by a large amount of trading.
However, BTC dominance continues to decline.
I believe that BTC dominance affects altcoin prices rather than rising and falling BTC prices.
I believe that the continued decline in BTC dominance will eventually lead to a bull market for altcoins.
Accordingly, the BTC price becomes highly volatile and requires careful trading.
It is time to give weight to the SHORT position, but if you put too much weight on it, liquidation due to high volatility may occur.
If you get support by breaking above the 38225.0 point, I think it is better to gain profit by putting more weight on the LONG position than the SHORT position for the time being.
This is because, as explained above, it is likely to rise to the 40340.0-41433.5 section.
-----------------------------------------------
(BTC Dominance 1D Chart)
It remains to be seen if the volatility between around January 28th and around February 7th will lead to movement that deviates from the 61.20-67.44 range.
We will see if we can get resistance at 61.20 and move below the uptrend line (1).
--------------------------------------------------
(USDT Dominance 1D Chart)
Between February 3 and 16, we have to watch for movements that deviate from 2.187-2.842.
In particular, it remains to be seen if it can fall below the uptrend line (1).
-------------------------------------------------- -------------------------------------------
** 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.
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 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 or 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: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Bitcoin (XBT) - Feb 5 (check flow until February 5)Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
The volatility around February 4th (February 3-5) will cause movement to deviate from the 35964.5-40340.0 range.
In particular, you need to make sure you are supported by climbing above the 38152.5 point.
If it falls in the 27039.5-29350.0 interval, it is expected to turn into a downtrend, so you need to think about how to respond.
If you break above the downtrend line (8) and gain support at 34871.0-35964.5, we would expect to retake direction at 40340.0-41433.5.
If the uptrend continues, it is expected to touch the 47996.5-49090.0 section.
It remains to be seen if it can rise within the short-term bullish channel range.
It remains to be seen if the volume indicator's OBV can rise as the buy width (green) increases near the 13.496B point.
The width of the buy (green) is increasing, but it is falling.
We need to see if OBV rises.
In the wRSI_SR indicator, the RS line must be positioned above 80 points, so we must watch whether the SR line can ascend near the 80 point.
It is expected that the RS and SR lines will cross sooner or later.
At this time, it is necessary to trade carefully for the volatility that occurs.
On the CCI-RC indicator, we must see if the CCI line can intersect the EMA line.
-------------------------------------------------
(BTC Dominance 1D Chart)
It remains to be seen if the volatility between around January 28th and around February 7th will lead to movement that deviates from the 61.20-67.44 range.
--------------------------------------------------
(USDT Dominance 1D Chart)
Between February 3 and 16, we have to watch for movements that deviate from 2.187-2.842.
In particular, it remains to be seen if it can fall below the uptrend line (1).
-------------------------------------------------- -------------------------------------------
** 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.
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 from 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 or 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: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Bitcoin (XBT) - Feb 4 (check flow until Feb 5)Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
The volatility around February 4th (February 3rd-5th) will have to see if there is any movement outside the 35964.5-40340.0 range.
In particular, you need to make sure you are supported by climbing above 38152.5 points.
If it falls in the 27039.5-29350.0 interval, it is expected to turn into a downtrend, so you need to think about how to respond.
If you break above the downtrend line (8) and gain support at 34871.0-35964.5, we would expect to retake direction at 40340.0-41433.5.
If the uptrend continues, it is expected to touch the 47996.5-49090.0 section.
It remains to be seen if the volume indicator's OBV can rise as the buy width (green) increases near the 13.496B point.
On the wRSI_SR indicator, the RS line must be positioned above 80 points, so we must see if the SR line can ascend near the 80 point.
On the CCI-RC indicator, we must see if the CCI line can intersect the EMA line.
The movement of the OBV and wRSI_SR indicators is moving as described.
As described in the CCI-RC indicator, it remains to be seen whether the CCI line can break above the EMA line.
-------------------------------------------------
(BTC Dominance 1D Chart)
It remains to be seen if the volatility between around January 28th and around February 7th will lead to movement that deviates from the 61.20-67.44 range.
In particular, you need to make sure you can get resistance at 63.38.
If it continues to decline at 63.38, it is expected to be the bull market for altcoins.
--------------------------------------------------
(USDT Dominance 1D Chart)
It is declining at the 2.541 point at the beginning of the volatility period around February 3rd (February 2-4).
It remains to be seen if it can fall below the uptrend line (1).
I think that the decline in USDT dominance leads to an increase in 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.
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 from 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 or 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: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Bitcoin (XBT) - Feb 3 (check flow until February 5)Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
It breaks above the downtrend line (8) and is rising.
We need to see if we can get support and climb in the 34871.0-35964.5 section.
In particular, we have to see if we can keep the price above the downtrend line (8).
If it falls in the 27039.5-29350.0 interval, it is expected to turn into a downtrend, so you need to think about how to respond.
It remains to be seen if the volatility around February 4th (February 3-5) could rise above 38152.5 points.
If you break above the downtrend line (8) and gain support at 34871.0-35964.5, we would expect to retake direction at 40340.0-41433.5.
If the uptrend continues, it is expected to touch the 47996.5-49090.0 section.
It remains to be seen if the volume indicator's OBV can rise as the buy width (green) increases near the 13.496B point.
On the wRSI_SR indicator, the RS line must be positioned above 80 points, so we must see if the SR line can ascend near the 80 point.
On the CCI-RC indicator, we must see if the CCI line can intersect the EMA line.
-------------------------------------------------
(BTC Dominance 1D Chart)
It remains to be seen if the volatility between around January 28th and around February 7th will lead to movement that deviates from the 61.20-67.44 range.
In particular, you need to make sure you can get resistance at 63.38.
If it continues to decline at 63.38, it is expected to be the bull market for altcoins.
--------------------------------------------------
(USDT Dominance 1D Chart)
Between February 3 and 16, we should watch for any movement that deviates from the 2.541-2.754 section.
In particular, it remains to be seen if it can decline along the downtrend line (2).
If it falls from the 2.541 point, I think there is a possibility to escape the uptrend.
However, it must fall below the 2.349 point in order to show a certain movement.
-------------------------------------------------- -------------------------------------------
** 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.
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 from 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 or 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: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Bitcoin (XBT) - Feb 2 (check flow until Feb 5)Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
The GME issue, which was a big issue worldwide, seems to be calming to some extent.
Accordingly, it remains to be seen whether an uptrend in the overall investment market can continue.
We have to see if we can get support at 33062.5 and get off the downtrend line (8).
If it falls in the 27039.5-29350.0 interval, it is expected to turn into a downtrend, so you need to think about how to respond.
If you break above the downtrend line (8) and gain support at 34871.0-35964.5, we would expect to retake direction at 40340.0-41433.5.
If the uptrend continues, it is expected to touch the 47996.5-49090.0 section.
It remains to be seen if the volume indicator's OBV can rise as the buy width (green) increases near the 13.496B point.
In the wRSI_SR indicator, the RS line must be positioned above 80 points, so we must watch whether the SR line can ascend near the 80 point.
On the CCI-RC indicator, we must see if the CCI line can intersect the EMA line.
(1h chart)
Among the various indicators displayed on the chart, the M-Signal line is an indicator that can confirm the basic trend.
Accordingly, if the price can be maintained above the M-Signal line of the 1D chart, it is highly likely that further increases will occur.
(1W chart)
We have to see if we can get support and climb at 33062.5.
On the wRSI_SR indicator, we must see if the RS line can rise by more than 20.
On the CCI-RC indicator, we need to see if the CCI line moves along the uptrend line.
(1M chart)
If you gain support and rise in section 1, the uptrend is expected to continue.
If it goes down, it is expected that the downtrend will continue in the order indicated on the chart.
-------------------------------------------------
(BTC Dominance 1D Chart)
It remains to be seen if the volatility between around January 28th and around February 7th will lead to movement that deviates from the 61.20-67.44 range.
In particular, you need to make sure you can get resistance at 63.38.
If it continues to decline at 63.38, it is expected to be the bull market for altcoins.
--------------------------------------------------
(USDT Dominance 1D Chart)
Between February 3 and 16, we have to watch for movements that deviate from the 2.541-2.754 section.
In particular, it remains to be seen if it can decline along the downtrend line (2).
Since a lot of money has entered the coin market, I think it makes no sense to compare it with the past trend.
However, since it is rising while supporting the long-term uptrend line (1), I think it is worth referring to this trend.
Accordingly, it is necessary to think about an alternative method to the upward trend of USDT dominance.
The increase in USDT dominance means that the coin market is likely to turn downward.
It is important to fall along the downtrend line (2) even to prevent this trend from reversing.
-------------------------------------------------- -------------------------------------------
** 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.
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 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: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Bitcoin (XBT) - Feb 1 (check the flow until around February 4)Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
We have to see if we can get support and climb at 33062.5.
If it falls in the 27039.5-29350.0 interval, it is expected to turn into a downtrend, so you need to think about how to respond.
If you break above the downtrend line (8) and gain support at 34871.0-35964.5, we would expect to retake direction at 40340.0-41433.5.
If the uptrend continues, it is expected to touch the 47996.5-49090.0 section.
It remains to be seen if the volume indicator's OBV can rise as the buy width (green) increases near the 13.496B point.
On the wRSI_SR indicator, the RS line must be positioned above 80 points, so we must see if the SR line can ascend near the 80 point.
On the CCI-RC indicator, we must see if the CCI line can intersect the EMA line.
Volatility can occur when the above indicators move.
In order to prevent loss due to volatility that occurs at this time, it is recommended to set a wide support and resistance points for the coins you hold.
(1W chart)
We have to see if it can close at 33062.5 points or higher.
On the wRSI_SR indicator, we have to see if the RS line can rise more than 20.
On the CCI-RC indicator, we need to see if the CCI line moves along the uptrend line.
(1M chart)
If you gain support and rise in section 1, the uptrend is expected to continue.
If it goes down, it is expected that the downtrend will continue in the order indicated on the chart.
-------------------------------------------------
(BTC Dominance 1D Chart)
It remains to be seen if the volatility between around January 28th and around February 7th will lead to movement that deviates from the 61.20-67.44 range.
In particular, you need to make sure you can get resistance at 63.38.
If it continues to decline at 63.38, it is expected to be the bull market for altcoins.
The altcoin price seems to be falling or moving sideways, but when you wake up from sleep, it is expected that the situation with the high peak will continue.
Buying in this situation should be done when the price falls.
If not, the criticism price will continue to rise and losses will continue to occur.
However, the coin market is currently at the peak, so if you trade with too much investment, the risk is too high.
--------------------------------------------------
(USDT Dominance 1D Chart)
We must see if we can get resistance at the downtrend line (2) and move below the 2.541 point.
I think there is a possibility to determine the direction of the coin market between February 3 and 16.
During this period, you should watch for any movement that deviates from the 2.349-2.842 range.
I think the trend of the coin market is highly likely to be determined depending on the point of departure.
-------------------------------------------------- -------------------------------------------
** 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.
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 or 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: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Bitcoin (XBT, including short-term strategy) - January 31Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
We need to see if we can get support at 34107.5 and climb to the 34871.0-35964.5 segment.
In particular, you need to check if you can get off the downtrend line (8).
If it falls in the 27039.5-29350.0 interval, it is expected to turn into a downtrend, so you need to think about how to respond.
It remains to be seen if the volume indicator's OBV can rise as the buy width (green) increases near the 13.496B point.
On the wRSI_SR indicator, the RS line must be positioned above 80 points, so we must see if the SR line can ascend near the 80 point.
On the CCI-RC indicator, we must see if the CCI line can intersect the EMA line.
Volatility can occur when the above indicators move.
In order to prevent loss due to volatility that occurs at this time, it is recommended to set a wide support and resistance points for the coins you hold.
-------------------------------------------------
(BTC Dominance 1D Chart)
It remains to be seen if the volatility between around January 28th and around February 7th leads to a movement that deviates from the 63.38-65.89 range.
You should watch for any movement that deviates from the maximum of 61.20-67.44.
In particular, it remains to be seen if it can decline along the downtrend line (3).
--------------------------------------------------
(USDT Dominance 1D Chart)
It remains to be seen if it can move below the 2.541 point to get out of the short-term uptrend.
In particular, it remains to be seen if it can fall below the short-term uptrend line.
-------------------------------------------------- -------------------------------------------
** 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.
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 from 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 or 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: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Bitcoin (XBT) - January 30Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
The volatility starting around January 28 (January 27-29) touched the 38152.5 point.
We have to see if we can get support at 34871.0 and get off the downtrend line (8).
If it falls in the 27039.5-29350.0 interval, it is expected to turn into a downtrend, so you need to think about how to respond.
It remains to be seen if the volume indicator's OBV can rise as the buy width (green) increases near the 13.496B point.
In the wRSI_SR indicator, the RS line broke above 50 points.
It remains to be seen if it can rise above 80 points to accelerate the uptrend.
On the CCI-RC indicator, we have to see if the CCI line can touch 100 points and rise.
Volatility can occur when the above indicators move.
In order to prevent loss due to volatility that occurs at this time, it is recommended to set a wide support and resistance points for the coins you hold.
If the price of BTC rises to 40340.0-41433.5, it is expected to re-direct.
Accordingly, I think two patterns can emerge.
'N' pattern: There is a possibility that it will rise to the 47996.5-49090.0 section.
Expect to decide the direction again later.
'M' pattern: In fact, forming an'M' pattern means turning to a downtrend.
Accordingly, we expect to turn to a downtrend by touching the 38152.5-44715.0 section and falling below the 27039.5 point.
As the current surge has touched the 38152.5 point, I think the possibility of an'M'-shaped pattern has increased.
However, if the price is maintained above the 34107.5 point, I think a'N' pattern can emerge.
Therefore, I think it is necessary to think about how to recover the investment of the coins you own and maximize the profits for the coins corresponding to the remaining profits.
To do this, you must consider your own criticism.
-------------------------------------------------
(BTC Dominance 1D Chart)
It remains to be seen if the volatility between around January 28th and around February 7th leads to a movement that deviates from the 63.38-65.89 range.
You should watch for any movement that deviates from the maximum of 61.20-67.44.
In particular, it remains to be seen if it can decline along the downtrend line (3).
--------------------------------------------------
(USDT Dominance 1D Chart)
We have to see if we can get below the 2.541 point.
In particular, it remains to be seen if it can fall below the short-term uptrend line.
-------------------------------------------------- -------------------------------------------
** 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.
Hence, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula from 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 or 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: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
BTCUSD 1H shortWave (B) is almost done and retraced 61,8% of (A) and also broke up the resistance line.
Many will think that the brake up of the resistance line is the resumption of the uptrend but it is the edge of wave (B) which is always tricky. Same scenario happened with Gold on 4-6 January 2021 (please check it)
SNP500 is in bearish correction right now and Bitcoin can not rise, as it falls under risky equity which investors get rid of at tough times at the first time.
See my previous forecasts on the SNP500 and BTCUSD
Bitcoin (XBT) - January 29 (volatility period around January 28)Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
With volatility starting around January 28th (January 27-29), you can touch 29350.0 points and 35964.5 points, so you need to trade carefully.
In particular, it remains to be seen if it can rise above the 34107.5 point.
If it falls in the 27039.5-29350.0 interval, it is expected to turn into a downtrend, so you need to think about how to respond.
To get out of the downtrend, you need to get off the downtrend line (8).
To do that, you have to climb to the 34871.0-35964.5 range.
It remains to be seen if the volume indicator's OBV can rise as the buy width (green) increases near the 13.496B point.
On the wRSI_SR indicator, we have to see if the RS line can break above 50 points.
On the CCI-RC indicator, we have to see if the CCI line can touch 100 points and rise.
Volatility can occur when the above indicators move.
In order to prevent loss due to volatility that occurs at this time, it is recommended to set a wide support and resistance points for the coins you hold.
-------------------------------------------------
(BTC Dominance 1D Chart)
It remains to be seen if the volatility between around January 28th and around February 7th leads to a movement that deviates from the 63.38-65.89 range.
--------------------------------------------------
(USDT Dominance 1D Chart)
It remains to be seen if it can move below the 2.541 point.
In particular, it remains to be seen if it can fall below the short-term uptrend line.
-------------------------------------------------- -------------------------------------------
** 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.
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 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: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)