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The CME gap is still a long looming unease It has been more than three weeks since bitcoin's daily adjustment, the longest correction so far in the current rally. But there seems to be no end in sight. I have posted a post before, to the CME gap expressed concern. At present, the jump vacancy mouth is still a bull need to pay attention to the problem. The next two days will see a lot of monthly and option delivery, and we are also seeing a decrease in the quarterly premium, indicating that the bulls are moving away from the market. But this time, the bear will easily let go of the long? Fees on BitMEX have turned negative, and short sellers are happy to pay. In recent days, there has been some weakness in the market, with shanzhai coins coming on the scene and each leading the pack for three or five days, but bitcoin hasn't budged. Even if it is grayscale add warehouse also did not have the passion. This is a sign that the market has lost momentum, which is the most dangerous moment. Everyone should be on the alert to avoid unnecessary losses. The CME gap has been filled in the past 3 years without exception, so be careful here, and this week's gap is very typical. If the market falls over the weekend and the CME opens lower on Monday, it is possible to form a floating island. If I were a short-seller, I would want to create the same kind of panic. I hope my fears are overblown. Trading is not gambling, I always follow the right side standard, there is no long signal at present, wait and see is our choice. Although not enough to eat the profit, but not losing money in this market, is the king of survival.
CME:BTC1!
by peter-l
Bitcoin (XBT) - January 27 (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 28 (January 27-29), you can touch 29350.0 points and 35964.5 points, so you need to trade carefully. In particular, we have to touch the 31589.5 point and see if it can move higher, breaking off the short-term downtrend line (9). It remains to be seen if the volume indicator's OBV can rise as the buy width (green) increases near the 13.496B point. We have to see if the RS line can break above 50 points on the wRSI_SR indicator. On the CCI-RC indicator, we need 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 point for the coins you hold. The volatility period is a period where it is difficult to predict the flow, so it is not recommended to trade by predicting it early. Accordingly, it is recommended to stop trading for a while and check the movement. -------------------------------------------- (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 63.38-65.89 range. In particular, it remains to be seen if it can decline along the downtrend line (3). However, as the BTC price rises, BTC dominance may temporarily rise. I think this is a phenomenon where funds are concentrated on buying BTC. However, since we think that the rise and fall of BTC dominance is related to the rise and fall of altcoins, it is supposed to affect the price of altcoins. In order to rise higher, I think there must be an increase in the BTC price first and then an altcoin. Now again, we have to see if the BTC price could go up. -------------------------------------------------- (USDT Dominance 1D Chart) I think the rise and fall of USDT dominance is related to the trend of the coin market as a whole. Accordingly, in order to keep the coin market uptrend, USDT dominance must be on the decline. Section B is forming second after section A. We have to see if we can get resistance and move downward at the downtrend line (2) or at 2.842 As such, it remains to be seen if the volatility around January 29 can touch the 2.842 point and the downtrend line (2) and fall. -------------------------------------------------- ------------------------------------------- ** 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)
BITMEX:BTCUSD.P
by readCrypto
Bitcoin (BTC, including short-term strategy) - January 26Hello? 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. -------------------------------------------------- ----- All of the things I talked about yesterday are the same except for touching 34107.5 points or more. Accordingly, I think it's important to see if there is support at 31589.5. We have to see if we can get support at 31589.5 and rise above 34107.5. If it falls, we need to see if it can rise along the uptrend line (1). If it falls in the 27039.5-29350.0 interval, it is expected to turn into a downtrend, so you need to prepare for it. I think the 31589.5-34871.0 section is a sideways section to ascend to the 34871.0-35964.5 section. Accordingly, it may move sideways between 31589.5-34871.0. We need to see if we can get off the downtrend line (8) before the next volatility period, around January 28th-around February 4th. Watch the OBV indicator on the volume indicator move according to the drawn arrow. On the CCI-RC indicator, we need to see if the CCI line can touch 100 points and rise. In the wRSI_SR indicator, when the RS line attempts to break above 50, volatility may occur, so careful trading is necessary. (1h chart) It remains to be seen if it could be higher than the 34107.5 point after 08:00 (UTC) January 26 as shown on the chart. It is falling after attempting to break through the M-Signal line of the 1D chart. We have to get support at 31589.5 and see if a breakthrough attempt comes out again. On the CCI-RC indicator, the CCI line is falling after rising above zero. I think that exceeding the zero point in the CCI-RC indicator can cause great volatility. Next, volatility can occur when crossing the -100 or 100 points. We'll have to see if any attempts are made to break above zero again. -------------------------------------------- (BTC Dominance 1D Chart) We have to see if we can get below the 63.38 point. As BTC prices rise, BTC dominance may temporarily rise. I think this is a problem that can arise as funds are concentrated in BTC. I think there is a public sentiment that once funds start to concentrate, they will continue to concentrate. Accordingly, I think it is the time when BTC price is expected to rise. However, there is a need for USDT dominus to fall. -------------------------------------------------- (USDT Dominance 1D Chart) It remains to be seen if it can move below the 2.541 point. In order to increase the price of the coin market, funds must be used to buy coins. Accordingly, USDT dominance should continue to decline. Currently, USDT dominance is falling a lot. After the flow of section A, it shows a similar flow for the second time. So, we have to see if we can get resistance at the downtrend line (2) and move down. The next period of volatility is between February 3 and 16, and I think it is likely to determine the direction at the intersection of the downtrend line (2) and the short-term uptrend line. Amid these movements, we need to see where BTC prices are getting support and resistance. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to know 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)
BITMEX:BTCUSD.P
by readCrypto
2
Bitcoin (including 1W chart, short-term strategy) - January 25 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. -------------------------------------------------- ----- (1W chart) We must see if we can climb above 33062.5 points and close. We have to see if we can cool off the heat of the uptrend. Also, we need to see if we can get support and climb in segment 1, 27039.5-29350.0. (1D chart) We have to see if we can get support at 31589.5 and rise above 34107.5. If it falls, we need to see if it can rise along the uptrend line (1). If it falls in the 27039.5-29350.0 interval, it is expected to turn to a downtrend, so you need to prepare for it. I think the 31589.5-34871.0 section is a sideways section to ascend to the 34871.0-35964.5 section. Accordingly, it may move sideways between 31589.5-34871.0. We need to see if we can get off the downtrend line (8) before the next volatility period, around January 28th-around February 4th. Watch the OBV indicator on the volume indicator move according to the drawn arrow. On the CCI-RC indicator, we need to see if the CCI line can touch 100 points and rise. In the wRSI_SR indicator, when the RS line attempts to break above 50, volatility may occur, so careful trading is necessary. -------------------------------------------- (BTC Dominance 1D Chart) You need to make sure you can get resistance at point 63.38. The next volatility period is around January 28th. I think the decline in BTC dominance means an increase in the price of altcoins. It can be said that it means that funds are being concentrated towards altcoins. As a result, I think the BTC price is moving sideways. -------------------------------------------------- (USDT Dominance 1D Chart) You should watch for any movement that deviates from 2.349-2.842. In particular, we need to see if it can drop below the 2.541 point. The next volatility period is around February 3rd. -------------------------------------------------- ------------------------------------------- ** 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 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: closing price when closed G2: Market price at the time of opening (Example) Gap (G1-G2)
BITMEX:BTCUSD.P
by readCrypto
Bitcoin (including BTC, short-term strategy) - January 24Hello? 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 31589.5 and rise above 34107.5. We'll have to see if we can climb at least 33062.5 points and stop the Heikin Ashi candle on the 1W chart from turning into a falling candle. If it falls in the 27039.5-29350.0 interval, it is expected to turn to a downtrend, so you need to prepare for it. I think the 31589.5-34871.0 section is a sideways section to ascend to the 34871.0-35964.5 section. Accordingly, it may move sideways between 31589.5-34871.0. What matters in your current position is whether you can rise along the uptrend line (1) and break above the downtrend line (8). January 24 is the last volatility day. In the wRSI_SR indicator, the RS line is attempting to break above 20 points and the SR line. Accordingly, it is advisable to check the situation. We need to see if we can get off the downtrend line (8) before the next volatility period, around January 28th-around February 4th. ---------------------------------------------- (BTC Dominance 1D Chart) We have to see if we can get below the 63.38 point. The next volatility period is around January 28th. -------------------------------------------------- (USDT Dominance 1D Chart) It remains to be seen if the volatility around January 23rd (January 22nd-24th) leads to a movement that deviates from the 2.349-2.842 range. In particular, we need to see if it can drop below the 2.541 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. 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: closing price when closed G2: Market price at the time of opening (Example) Gap (G1-G2)
BITMEX:BTCUSD.P
by readCrypto
Bitcoin (including BTC, short-term strategy) - January 23 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 remains to be seen if the volatility around the 23rd of January results in a movement that deviates from the 29350.0-38152.5 range. In particular, you should check if you can ascend above 34107.5 points. We'll have to see if we can climb at least 33062.5 points and stop the Heikin Ashi candle on the 1W chart from turning into a falling candle. If it goes down, you need to make sure you get support at 31589.5. If it falls in the 27039.5-29350.0 interval, it is expected to turn to a downtrend, so you need to prepare for it. I think the 31589.5-34871.0 section is a sideways section to ascend to the 34871.0-35964.5 section. Accordingly, it may move sideways between 31589.5-34871.0. What matters in your current position is whether you can rise along the uptrend line (1) and break above the downtrend line (8). On the CCI-RC indicator, it remains to be seen if the CCI line can rise above the uptrend line. You also have to see if it can rise above the EMA line. We need to see if we can get off the downtrend line (8) before the next volatility period, around January 28th-around February 4th. ---------------------------------------------- (BTC Dominance 1D Chart) You should watch for any movement that deviates from 64.86-65.89. It remains to be seen if it could fall below the 63.38 point and turn into a mid- to long-term downtrend. (1W chart) I think the decline in BTC dominance is related to the rise and fall of altcoin prices rather than the rise and fall of BTC prices. Accordingly, if it falls below the 63.38 point, I think the coin market is likely to be a bull market. -------------------------------------------------- (USDT Dominance 1D Chart) It remains to be seen if the volatility around January 23rd (January 22nd-24th) leads to a movement that deviates from the 2.349-2.842 range. In particular, we need to see if it can drop below the 2.541 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. 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 or CME and BAKKT exchanges were closed because they are not trading 24 hours a day. G1: Closed price G2: Market price at the time of opening (Example) Gap (G1-G2)
BITMEX:BTCUSD.P
by readCrypto
1
Bitcoin (BTC) -January 22 (including 1M, 1W charts)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. -------------------------------------------------- ----- (1M chart) If the downtrend progresses, we expect the possibility of touching in the order shown on the chart. (1W chart) We must see if we can move above the 33062.5 point to prevent the Heikin Ashi candle from turning into a falling candle. On the CCI-RC indicator, you should check if the CCI line moves along the uptrend line. Also, if it falls, you need to touch the EMA line and see if it rises. (1D chart) It remains to be seen if the volatility around January 23rd (January 22-24) leads to a movement that deviates from the uptrend line (1)-downtrend line (8). In particular, it remains to be seen if it can rise above the 34107.5 point. If it is supported at the 31589.5 point, I think there is a possibility of further upside as it will fall into the upper side of the 28308.0-34871.0 section, which is the upper sideways section, 31589.5-34871.0 section. If you don't get support at 31589.5, you should check if you are rising along the uptrend line (1). It declined at 34107.5, indicating a short-term downtrend. However, I believe that this trend falls below the 27039.5 point in order to lead to a bearish market. The current trend is a short-term downtrend, which may be a move to a bigger upside in a'Pull Back' pattern with price adjustments, or it may be an adjustment stage to enter a bearish market. Therefore, you need to trade according to the valuation price of your coins. I think it's a good idea to check the flow with a volatility period until January 24th. -------------------------------------------------- - (BTC Dominance 1D Chart) It remains to be seen if the volatility around January 21 results in any movement deviating from the 64.86-65.89 range. The volatility period around January 21st (January 20-22) is expected to be a significant turnoff. If BTC dominance turns upward in the current situation, there is a possibility that the coin market will plummet. Accordingly, we need to make sure we get resistance at 65.89. -------------------------------------------------- (USDT Dominance 1D Chart) The volatility around January 23rd (January 22-24) touches the 2.842 point or the downtrend line (2) and is falling. You need to make sure you can get resistance at point 2.754. You also need to see if you can drop below the 2.541 point to stop the short-term 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 or CME and BAKKT exchanges were closed because they are not trading 24 hours a day. G1: Closed price G2: Market price at the time of opening (Example) Gap (G1-G2)
BITMEX:BTCUSD.P
by readCrypto
3
Should $30,000 be more than Bitcoin?Many people say that below $30,000 is hard to see, and it should be bought quickly, or the agency will not buy it later. This theory seems to have some difficulties, but can not help but examine.Digital currency market is highly opportunistic, in 2017, how many so-called big guys shout, let everyone go to the market, say how much money will not be sold. But at the end of the day, most of the $20,000 stations were small households, and those were already high. After ico frenzy came, how many people were fooled by white books? I feel that human nature at any time, there is no fear and fear. We can only rely on discipline and discipline to restrain ourselves. At $40,000, there were still a lot of people eager to enter, I have a reader, asked me ,40,000 bought, how to do? I was speechless at that time, because I am not a fairy, what can I do? We see $30,000 now, what if it's $50,000 now? He may feel right. So this market, standing on the left, is unknown and uncertain, and on the right, everything has become history, so what? Trading is a long-term situation, if you want to invest in the mentality, want to make money, really not easy, because the end of the market, can take advantage of the market ,1/10. The rest of the people, either play for nothing, or make a pedestal for others. With my investment experience of more than 20 years, nothing is easy. I can only say, thank you. And without money, I can only say helpless. Yesterday a poor user said that he burst the warehouse, buy more empty all burst the warehouse. In this market, exchanges are more than tokens. What do you say they survive? Why, after 2020, a large number of exchanges have launched contract transactions ,100 times the contract everywhere? Obviously, the contract is a quintessence of gambling, and the exchange is the tap spot. If you are full of sex, why don't people be happy? It is inevitable to go back to the market and fall. There is no market that can not fall, but if you are always on the left, you will never believe it. Now, it retreated more than $10,000 from its high, down more than 20 percent. If it is in the stock market, it is a technical bear market.But the currency market is too strong to conclude the bull market. But the sky macd the daily line is obvious, the ma18 page fell below, the short line must have weakened. As for $30,000, should we be involved in counter-terrorism? I think it depends on the situation If you are a $40,000 local investor, you can buy it back in batches, because you are a bitcoin lover and hold bitcoin for a long time, so it is right to make up, make up, and not be emptied. If you are a high-level person, just do the difference, theoretically can also find time and low point here to reverse the problem, reduce costs. If you are completely empty and want to enter the field, I think there is only a small amount of participation, or observation. Because the bottom signal of the daily line level does not appear. At present, the risk is still very large, but based on the uncertainty of the market, it is not necessary to build a position here, after all, no one can buy the lowest, sell the highest. But if you want to make a big one and get rich overnight, I'll give it up. For Bitcoin's trend forecast, I gave 31800 this target earlier, although later more than 40,000, but the big idea has not changed. I still think there will be a large retreat in bitcoin, because the market has not undergone qualitative changes, and various uncertainties have not disappeared with the entry of such institutions as grayscale. So it wasn't a night trip for Bitm to return to $8000. Recommended, daily line level buy signal, should be macd gold fork +ma18 breakthrough.
CME:BTC1!
by peter-l
Bitcoin (including BTC, short-term strategy) - January 21Hello? 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 34871.0-35964.5 and climb along the uptrend line (6). If it falls at 34107.5, you need a Stop Loss to preserve profit or loss. If you touch the 27039.5-29350.0 section, I think there is a high possibility of turning into a downtrend. Accordingly, you need to think about how to respond in the interval 29350.0-34107.5. It remains to be seen if volatility around January 23 leads to a movement outside the uptrend line (6)-downtrend line (8). As BTC prices slowly decline, support is emerging near the 34107.5 point. It seems that the current flow is creating a'Pull Back' pattern. It is expected that this flow will develop into an'N' or'M' pattern in the future. To do so, it is expected to rise to the 40340.0-41433.5 section and re-orientate. We have to see if it follows the flow drawn on the volume indicator. On the CCI-RC indicator, you need to see if the CCI line touches the uptrend line and rises. -------------------------------------------------- - (BTC Dominance 1D Chart) It remains to be seen if the volatility around January 21 results in any movement that deviates from the 64.86-65.89 range. The volatility period around January 21st (January 20-22) is expected to be a significant turnoff, so we recommend stopping trading for a while and watching the situation. The altcoin price seems to be falling, but when you see the closing price form, there are many coins that are in the same position or rising. Depending on the position of your criticism, trading is at the point of time completely different. Accordingly, it is time to trade according to your rating. I think the decline in BTC dominance has slowed down the BTC price fluctuations and is only slowly falling. If it gets support at any point, it is expected that a surge will occur when it breaks down from that point. -------------------------------------------------- (USDT Dominance 1D Chart) We'll see if we can get resistance at 2.541 and drop below 2.349. -------------------------------------------------- ------------------------------------------- ** 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)
BITMEX:BTCUSD.P
by readCrypto
Bitcoin (including BTC, short-term strategy) - January 20 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 should watch for any movement that deviates from the 35964.5-40340.0 segment. In particular, it remains to be seen if it can rise above the 38152.5 point and the downtrend line (8). If it falls at 34107.5, you need a Stop Loss to preserve profit or loss. If you touch the 27039.5-29350.0 section, I think there is a high possibility of turning into a downtrend. Accordingly, you need to think about how to respond in the interval 29350.0-34107.5. The OBV indicator included in the volume indicator is slowly falling. (Variability is expected to occur as the OBV indicator touches the 13.496B point.) I think it is cooling the heat for the ups and downs. What is important to this movement is where it is struggling with support and resistance. (1W chart) Although there was a downward movement, the closing price was supporting the 33062.5-34896.0 range for the week of Dec. 28. I think this shows that the desire for ascension has not yet cooled down. On the wRSI_SR indicator, the RS line fell below 50 and the SR line fell below 80, cooling off the heat. In addition, in the CCI indicator, the CCI line is expected to touch the uptrend line sooner or later. Also, touch the uptrend line or the 308.6-339.4 interval and watch for an uptrend. -------------------------------------------------- - (BTC Dominance 1D Chart) We'll see if we can get resistance at 65.89 and move down. -------------------------------------------------- (USDT Dominance 1D Chart) It remains to be seen if it can move below the 2.349 point. You should also watch for any movement that deviates from 2.187-2.541. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to know 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)
BITMEX:BTCUSD.P
by readCrypto
Bitcoin (including BTC, short-term strategy) - January 19Hello? 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 there is any movement outside the 35964.5-40340.0 range due to volatility around January 15-20. In particular, it remains to be seen if it can rise above the 38152.5 point and the downtrend line (8). If it declines at 34107.5, you need a Stop Loss to preserve profit or loss. If you touch the 27039.5-29350.0 section, I think there is a high possibility of turning into a downtrend. Accordingly, you need to think about how to respond in the interval 29350.0-34107.5. In the wRSI_SR indicator, we must see if the RS line can break above the SR line. Also, in the CCI-RC indicator, we must watch whether the CCI line attempts to break above the EMA line. However, as BTC price moves rapidly, it may touch the uptrend line (6) and rise, so careful trading is necessary. This is a phenomenon that occurs as funds move toward altcoins, so we hope to maximize profits by devising countermeasures. If you climb above the 40340.0 point, you should check the flow. This is because it can complete the'M' pattern and turn it into a downtrend. Therefore, it is expected that the direction will be decided again at 40340.0-41433.5. I think this trend is likely to happen between January 28th and February 4th. The price range you are in is in the highs, so you should always be prepared for declines. To do so, you must make every effort to realize profit by subdividing the stop loss setting and target point according to the position of your rating price. ------------------------------------------------- (BTC Dominance 1D Chart) You need to see if you can get resistance at the uptrend line (1). You should also watch for any movement that deviates from 65.89-67.44. It is expected that the direction has already been decided between January 14th and 21st. However, it is worth seeing if it rises above 67.44 points due to volatility around January 21st. -------------------------------------------------- - (USDT Dominance 1D Chart) It remains to be seen if it can move below the 2.349 point. You also need to make sure you can get resistance at point 2.541. It remains to be seen if the volatility around the 23rd of January leads to any movement that deviates from the 1.952-2.842 range. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to know 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)
BITMEX:BTCUSD.P
by readCrypto
1
Bitcoin (including BTC, short-term strategy)-January 18Hello? 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 there is any movement outside the 35964.5-40340.0 range due to volatility around January 15-20. In particular, it remains to be seen if it can rise above the 38152.5 point and the downtrend line (8). If it declines at 34107.5, you need a Stop Loss to preserve profit or loss. If you touch the 27039.5-29350.0 section, I think there is a high possibility of turning into a downtrend. Accordingly, you need to think about how to respond in the interval 29350.0-34107.5. We reaffirmed our support by touching 34107.5 points or less. We have to use the 34871.0-35964.5 section as a starting point to see if there can be an ascent. However, it remains to be seen whether the OBV in the volume indicator will move according to the drawn flow. This flow can last up to 28 days. A fall in OBV does not necessarily mean a fall in price. Accordingly, a flow that touches the uptrend line (6) may come out. -------------------------------------------------- --------------------- (BTC Dominance 1D Chart) We'll see if we can get resistance at 67.44 and drop. Specifically, you need to make sure you can touch the 64.86 point. ------------------------------------------------- (USDT Dominance 1D Chart) You should watch for any movement that deviates from 2.187-2.541. In particular, we need to see if it can drop below the 2.349 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. 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)
BITMEX:BTCUSD.P
by readCrypto
2
Bitcoin (including BTC, short-term strategy)-January 17Best wishes for a Happy New Year!!! 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 there is any movement outside the 35964.5-40340.0 range due to volatility around January 15-20. In particular, it remains to be seen if it can rise above the 38152.5 point. It is expected that between January 15th and 20th, it will be a period to see if it will rise along the uptrend line (7) or change to the uptrend line (6). If it declines at 34107.5, you need a Stop Loss to preserve profit or loss. If you touch the 27039.5-29350.0 section, I think there is a high possibility of turning into a downtrend. Accordingly, you need to think about how to respond in the interval 29350.0-34107.5. If it falls to the 34871.0-35964.5 section, it may cause volatility as the BTC price moves faster. As a result, volatility may occur temporarily touching the uptrend line (6). This volatility is thought to occur as the price of altcoins rises all at once, as the number of people trying to buy BTC declines. A sharp rise is expected with a movement that touches the uptrend line (8), the support for volatility. You can also touch the uptrend line (6). If you touch or fall below the 31589.5 point, it is considered a dangerous warning and you need to trade carefully. This move is going to be a great opportunity for some and a loss for others. ------------------------------------------------ (BTC Dominance 1D Chart) It is expected that the direction of the coin market will be determined by the movements between January 14 and 21. You need to see if you can fall below the uptrend line (1). In particular, it remains to be seen if the downtrend line (3) and the 67.44 point can be resisted and move downward. I think that the rise and fall of BTC dominance is related to the rise and fall of altcoins' price rather than the rise and fall of the BTC price. Therefore, if BTC dominance falls, the price of altcoins is likely to rise. In particular, if it falls below 67.44 point, an upward trend of altcoins is expected, and if it falls below 63.38 point, a bullish market is expected. -------------------------------------------------- - (USDT Dominance 1D Chart) We must see if we can get resistance at the downtrend line (6) and move below the 2.349 point. If USDT dominance declines, I think it is highly likely that the funds will be used to buy coins. Therefore, the price of coins is likely to rise. -------------------------------------------------- ------------------------------------------- ** 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) ** 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)
BITMEX:BTCUSD.P
by readCrypto
Bitcoin (including BTC, short-term strategy) - January 16Happy New Year!!! 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 there is any movement outside the 35964.5-40340.0 range due to volatility around January 15th. In particular, you need to make sure you can get support at point 38152.5. This volatility is expected to continue until around January 20th. Accordingly, careful trading is necessary, and if a short-term response is not possible, it is better to stop trading for a while and check the situation. If it declines at 34107.5, you need a Stop Loss to preserve profit or loss. If you touch the 27039.5-39350.0 section, I think there is a high possibility that it will turn into a downward trend. Accordingly, you have to think about how to deal with it in the 39350.0-34107.5 section. If you touch the uptrend line (6), there may be a lot of volatility, so trade carefully. We have to see if we will make an'N' pattern or an'M' pattern. It is expected that some of this movement will be noticed around January 20th. BTC prices are still at a high price point. I think the only way to sell at the highs is to sell when it surges. So, I think it's a good idea not to focus on how much more you will climb, but to see where you are getting support and resistance, and think about how to respond. ------------------------------------------------ (BTC Dominance 1D Chart) We need to see if the volatility around January 14th-21st will cause any movement out of zone A. In particular, it remains to be seen if it can decline along the downtrend line (3). I think BTC dominance is related to the rise and fall of altcoin prices rather than the rise and fall of BTC prices. Accordingly, it is believed that the decline in BTC dominance caused the price of altcoins to rise. Altcoins should fall below the 67.44 point in order to expect an overall rise. However, it is thought that the support and resistance points have weakened due to the sharp decline in XRP. -------------------------------------------------- - (USDT Dominance 1D Chart) It remains to be seen where the volatility around January 15-23 gains support and resistance. In particular, you should watch for any movement that deviates from 2.349-2.842. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, you need 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) ** 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)
BITMEX:BTCUSD.P
by readCrypto
2
Bitcoin (including BTC, short-term strategy) - January 15Happy New Year!!! 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 there is any movement outside the 35964.5-40340.0 range due to volatility around January 15th. Specifically, we need to make sure we can get support and climb at 38152.5. It is expected that between January 15th and 20th, it will be a period to see if it will rise along the uptrend line (7) or change to the uptrend line (6). If it declines at 34107.5, you need a Stop Loss to preserve profit or loss. If you touch the 27039.5-29350.0 section, I think there is a high possibility of turning into a downtrend. Accordingly, you need to think about how to respond in the interval 29350.0-34107.5. ------------------------------------------------ (BTC Dominance 1D Chart) It remains to be seen if the volatility around January 14 (January 13-15) leads to a movement that deviates from the 67.44-69.80 range. It is expected that the direction will be decided between January 14 and 21 in section A. -------------------------------------------------- (USDT Dominance 1D Chart) It remains to be seen if volatility around January 15 could hit the 2.541 point and fall. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to know 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) ** 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)
BITMEX:BTCUSD.P
by readCrypto
Bitcoin (including BTC, short-term strategy)-January 13Happy New Year!!! 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 34107.5. If it falls, you should touch 31589.5 point or the uptrend line (6) and see if you can move up along the uptrend line (6). We need to see if the volatility around January 15-20 can rise between the uptrend line (6)-(7). If you touch the 27039.5-29350.0 interval, it is likely to turn to the downtrend line. Accordingly, a strategy that can respond according to the flow in the section 29350.0-34107.5 is needed. We must change the uptrend and see if we can continue the uptrend. To do that, we need to make sure that the price is maintained above the MS-Signal line. In the wRSI_SR indicator, the RS line is below 20, that is, in the oversold section. It remains to be seen if volatility around January 15 could turn the RS line above 20, turning into a short-term uptrend. On the CCI-RC indicator, it remains to be seen if the CCI line can touch the uptrend line and rise above the EMA line. It is important to keep an eye on the movement around January 28th whether the'M' pattern will be completed and the trend will turn downward, or the'Pull back' pattern will be completed and the upward trend will continue. ------------------------------------------------ (BTC Dominance 1D Chart) It remains to be seen if the volatility around January 14 (January 13-15) leads to a movement that deviates from the 67.44-69.80 range. It is expected that the direction will be decided between January 14 and 21 in section A. -------------------------------------------------- (USDT Dominance 1D Chart) We have to see if we can get resistance in the 2.754-2.842 range. Also, we need to see if it can fall below the downtrend line (6). The next volatility period is around January 15th. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to know 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) ** 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)
BITMEX:BTCUSD.P
by readCrypto
Bitcoin (including BTC, short-term strategy) - January 12Happy New Year!!! 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 see if you can get support and climb at 34107.5. You also have to see if you can go up along the uptrend line (7). If it falls at 34107.5, a Stop Loss is needed to preserve profit and loss. If you touch the 27039.5-29350.0 section, I think there is a high possibility of turning into a downtrend. Accordingly, you need to think of a trading strategy in the range 29350.0-34107.5. If it gets support near the 34107.5 point, it is expected to rebound and create an'M'-shaped pattern. We have to see if we can create an'M' pattern that goes beyond the previous high. Also, be sure to check the flow well as it can rise with a'Pull Back' pattern. The next volatility period is around January 15-20. From the wRSI_SR indicator, unfortunately, the flow is in the direction of the arrow. We have to see when the RS line touches 20 and turns into a short-term uptrend. From the CCI-RC indicator, the CCI line broke below the uptrend line and touched the EMA line. You must see if you can climb again near the EMA line. If the CCI line falls below 100, I think the price is likely to have turned down. ------------------------------------------- (BTC Dominance 1D Chart) You should watch for any movement that deviates from the 67.44-69.80 range. It's time to see which direction you'll be moving in Section A between January 14th and 21st. On January 11th, a chart was drawn that touched the 12.38 point as a strange sign. Accordingly, I think the period of volatility around January 14th-18th has become more important. -------------------------------------------------- (USDT Dominance 1D Chart) Due to volatility around January 10th (January 9-11), it has touched more than 2.842 points and is falling. You will have to watch for any movement that deviates from the 2.541-2.754 section. The next volatility period is around January 15th-18th. During this period of volatility, we must watch for any movement that deviates from the 2.541-2.970 interval. If it rises above the important point of 2.842 points, the price of the coins is expected to fall again. If the USDT dominance falls, I think it is highly likely that the funds will be used to buy coins. Therefore, I believe that the rise and fall of USDT dominance is related to the rise and fall of the coin market. On January 11th, a chart was drawn that touched the 0.422 point as a strange sign. Accordingly, I think the period of volatility around January 15 has become even more important. -------------------------------------------------- ------------------------------------------- ** 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) ** 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: Cigar price when opening (Example) Gap (G1-G2)
BITMEX:BTCUSD.P
by readCrypto
Bitcoin (including BTC, short-term strategy) - January 11Happy New Year!!! 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 can get support at point 38152.5. You should watch for any movement that deviates from the 35964.5-40340.0 segment. If it falls at 34107.5, a Stop Loss is needed to preserve profit and loss. If you touch the 27039.5-29350.0 section, I think there is a high possibility of turning into a downtrend. Therefore, careful trading is necessary. Looking at the wRSI_SR indicator, you should watch the flow in the direction of the arrow. Therefore, the flow until around January 15th is important. In the CCI-RC indicator, the CCI line is breaking below the uptrend line. Touch the EMA line and see if you can climb. If you find a good trend in the current situation, 1. A flow that goes sideways while being supported at 38152.5 2. Upward flow along the uptrend line (7) Also, we need to see if a flow similar to that of section A can come out. ------------------------------------------------ (BTC Dominance 1D Chart) You need to see if you can get resistance at the uptrend line (2). We need to see if it moves sideways between the uptrend line (1)-(2) and goes into section A. If it doesn't fall below the uptrend line (1), BTC dominance will eventually rise. Accordingly, it is necessary to check the price change of altcoins. ------------------------------------------------ (USDT Dominance 1D Chart) We are currently trying to break the downtrend line. You need to make sure you can get resistance in the 2.349-2.406 range. The next volatility period is around January 15th. -------------------------------------------------- ------------------------------------------- ** 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) ** 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)
BITMEX:BTCUSD.P
by readCrypto