BTC/USDT 2HOUR UPDATEHello, welcome to this BTC /USDT chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-
BTC took a sharp correction after the breakdown of the ascending triangle. Now it has cleared stops below the previous low and bouncing from the horizontal support.
A bounce is expected from here, but a strong confirmation of bullish momentum in the market is a solid close above $17K. If it breakdown the current horizontal support, we will see a further downward move in the market.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Btcdominance
The point that must be supported during periods of volatility isHello?
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-------------------------------------
(USDT 1D chart)
(USDC 1D chart)
The rise in the gap between USDT and USDC is considered to be a sign of new funds entering the coin market.
(BTC.D 1D chart)
An increase in BTC dominance means that funds will be concentrated towards BTC.
We need to see if it can rise above 42.72.
(USDT.D 1D chart)
An increase in USDT dominance means that the coin market is likely to decline.
We need to see if it can drop below 8.41.
---------------------------------------
(BTCUSDTPERP 1D Chart)
If the price holds above 16422.6, the new trend is expected to continue.
Therefore, the key is whether it can be supported in the 16422.6-16580.6 section or higher and rise above MS-Signal.
StochRSI renewed its recent highs and appears to be trying to break out of the overbought zone.
When the price breaks out of the overbought zone, it is important to be able to maintain the price above 16422.6.
If possible, it is necessary to check whether the force to sell is blocked at the source by rising above 16730.0, which was supported.
The next period of volatility is around January 6th.
It's an important move to overcome going forward.
To continue the new trend, we need to keep the price above 16422.6.
It needs to rise above 17108.7 to continue the short-term uptrend.
In order to turn into a mid- to long-term uptrend, it must rise above 17864.7.
To create a new trend change, it needs to break out of the downtrend line (1).
(1h chart)
If the price is maintained below the M-Signal line of the 1D chart and below 17108.7, the main position is 'SHORT'.
Therefore, a quick response is required when entering a 'LONG' position.
A 'LONG' position entered near 16422.6-16580.6 was closed by touching the entry price.
The 'SHORT' position entered in the 16938.1-16984.9 section was carried out until the second round of selling.
Accordingly, the end of the transaction is
1. When touching the M-Signal of the 1D chart
2. When it falls to the entry price
It is recommended to terminate by the above two methods.
By touching the 16422.6-16580.6 section, a new 'LONG' position has been entered.
Accordingly,
1st : 16730-16801.2
2nd: 16938.1-16984.9
It is recommended to sell in the above range.
When trading futures, you will usually find reference points for your trades on the time frame charts you are viewing and trading.
These criteria tend to force trades to close due to sharp price movements, i.e. whipsaws.
Therefore, rather than finding a standard in the time frame chart you are looking at, you should create a standard in a chart that is more than a 1D chart.
Then, with the created standard, you should proceed with trading by utilizing it on the time frame chart you are looking at, so it is highly likely to prevent the forced termination of trading due to sudden volatility.
Looking at my chart, I am trading by adding important support and resistance points on the 1h chart, such as 16801.2 (1h) and 16938.1 (1h).
The 16730.0-16801.2 section is currently consolidating, that is, a support and resistance section.
Therefore, entering a position near this section is likely to make your psychology tired, so I think it's better to wait until you've moved away from this section to some extent.
Therefore, the new position point is
1. 'SHORT' when receiving resistance around 16938.1-16984.9
2. 'LONG' when supported around 16422.6-16580.6
I think the above two are suitable for entering a new position.
However, entry into a full-fledged position
1. 'LONG' when supported at 17108.7 and rising
2. Receiving resistance at 16422.6 and 'SHORT' when falling
There are two entry methods as above.
When you start a trade, choosing a trade point excluding your own state of mind is very likely to result in a trade failure.
Therefore, it is recommended to check your psychological state first and proceed with trading when you are in a stable and peaceful state.
-------------------------------------------
- big picture
I think you need to be supported in the 13K-15K section to get the power to rise.
Therefore, whether it is rising or falling from its current position, a short-term response is required.
A full-fledged uptrend is expected to start when it rises above 29K.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
new analysisIt's really hard to explain this
but we have a slight downpour, and then about 1 month to 45 days the market is bullish , and the altcoin will grow between 100 and 1000%, currencies with high market caps like Ethereum 100% and currencies with low market caps up to 1000%,
and then we have a terrible fall that many currencies will be destroyed
if you like analysis with me. Join me and make a profit to message me or comment
I put 7 new analyzes I will let you see all the analysis to pay attention to the analysis dates and do not harm
Entering a period of high volatilityHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(USDT 1D chart)
(USDC 1D chart)
The rise in the gap of USDT or USDC is seen as a signal of new funds entering the coin market.
(BTC.D 1W chart)
If possible, I think it would be good to show a rise in the 43.40-45.68 section and then a decline.
At this time, it is important to check whether the USDT dominance is rising or falling.
(USDT.D 1D chart)
A rise in USDT dominance means a fall in the coin market.
So, the question is whether it can fall below 7.86.
The next period of volatility is around January 5th.
-----------------------------------------
(BTCUSDT 1W chart)
A trend is likely to form out of the 15475.10-17880.71 area.
(1D chart)
Whether it can rise above MS-Signal between December 27th and 29th is the question.
If not, it is important to find support around 16740.64.
As we enter the volatility period, what we expect is a possible move out of the 16428.78-17115.96 zone.
StochRSI is showing the highest value recently.
Therefore, when StochRSI breaks out of the overbought zone, BTC is likely to show significant volatility.
In order to achieve a change in trend, it seems possible to break out of the large box range of 15475.10-17880.71.
Therefore, it is necessary to confirm that the transaction is active by shaking it up and down as much as possible within the 15475.10-17880.71 range.
Circled zones mark important support and resistance zones.
It is important to keep an eye on the movement as the short-term trend may change depending on whether it is supported or resisted in this area.
If this uptrend ends with a one-off,
1st: 17880.71
2nd : 19176.93-20050.02
It is expected to touch the vicinity and fall.
If the new trend breaks, i.e. falls below 16428.78,
1st: 15475.10
2nd : 14.8K
3rd: 13500
It is expected to touch the vicinity.
------------------------------------------
- big picture
I think you need to be supported in the 13K-15K section to get the power to rise.
Therefore, whether it is rising or falling from its current position, a short-term response is required.
A full-fledged uptrend is expected to start when it rises above 29K.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
BTC/USD 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this BTC /USD 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:- Bitcoin (BTC) remained slightly above a ceiling at the $16,800 level to start the week, as markets remained mostly unchanged following the Christmas weekend.
Trading volume typically slows down during the holiday period, with most financial markets shutting down.
Cryptocurrency markets however remained open, with BTC/USD moving closer to recapturing the $17,000 level.
As can be seen from the chart, Bitcoin hit a high of $16,908.86 earlier in today’s session, which is marginally above Sunday’s low of $16,755.25.
The move comes as the 14-day relative strength index (RSI) moved closer to a key ceiling at 49.00.
Currently, the index is tracking at the 47.55 mark, with bulls likely to continue to push toward the aforementioned resistance level.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
BTC/USDT 4HOUR UPDATEHello, welcome to this BTC /USDT chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:- BTCThe current lack of activity and low volatility is more evident on the following 4-hour timeframe chart. After going through a long-lasting downtrend, the price has rebounded from the $16K mark and is consolidating below the $17K threshold. However, the main struggle for Bitcoin is now surpassing this confluence zone.
Suppose the price returns above the mentioned level, a retracement to the 0.618 Fib level and the broken trendline will be the main barriers toward the $18K range.
Bitcoin is taking support at the minor uptrend line. There is no movement in the market and BTC is trading at the resistance. Let’s see if BTC is able to break this resistance zone. We may see a big move on either side soon.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
A trading strategy was created. Is it really win or lose...Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(USDT 1D chart)
(USDC 1D chart)
The rise in the gap between USDT and USDC is considered to be a sign of new funds entering the coin market.
(BTC.D 1D chart)
An increase in BTC dominance means that funds will be concentrated towards BTC.
We need to see if it can rise above 42.72.
(USDT.D 1D chart)
An increase in USDT dominance means that the coin market is likely to decline.
We need to see if it can drop below 8.41.
---------------------------------------
(BTCUSDTPERP 1D Chart)
As it shows support around 16730.0, it is at the point where the first buy is possible.
This is because it is showing support around 16730.0 on the 5th day after rising above 16730.0 on December 20th.
Accordingly, since MS-Signal is declining, it is expected to touch it soon.
At this time, it is important to be able to break through MS-Signal upward.
The first selling point is around 17108.7, but if it fails to break above MS-Signal, it could be the first selling point too.
You can make these decisions based on your own trading strategy.
You can proceed to the stop loss point when you see resistance at 16422.6-16580.6.
Before trading as above, you need to set all of the first buying and selling points and stop loss points before proceeding with the transaction so that you can escape from the psychological anxiety that occurs after starting the transaction to some extent.
The key to creating a trading strategy is to minimize possible losses.
It's an important move to overcome going forward.
To continue the new trend, we need to keep the price above 16422.6.
It needs to rise above 17108.7 to continue the short-term uptrend.
In order to turn into a mid- to long-term uptrend, it must rise above 17864.7.
To create a new trend change, you need to break out of the downtrend line (1).
(1h chart)
If the price is maintained below the M-Signal line of the 1D chart and below 17108.7, the main position is 'SHORT'.
Therefore, a quick response is required when entering a 'LONG' position.
A 'LONG' position entered near 16422.6-16580.6 is still in progress.
The trading end point of the 'LONG' position in progress
1. When touching the M-Signal of the 1D chart
2. When it falls to the entry price
I think that it will be possible to create a standard for future trading strategies only when it is ended by the above two methods.
The 16730.0-16801.2 section is currently sideways, that is, support and resistance.
Therefore, entering a position near this section is likely to make your psychology tired, so I think it's better to wait until you've moved away from this section to some extent.
Therefore, the new position point is
1. 'SHORT' when receiving resistance around 16938.1-16984.9
2. 'LONG' when supported around 16422.6-16580.6
I think the above two are suitable for entering a new position.
However, entry into a full-fledged position
1. 'LONG' when supported at 17108.7 and rising
2. Receiving resistance at 16422.6 and 'SHORT' when falling
There are two entry methods as above.
When you start trading, choosing a trading point without your own psychological state is very likely to fail.
Therefore, it is recommended to check your psychological state first and proceed with trading when you are in a stable and peaceful state.
-------------------------------------------
- big picture
I think you need to be supported in the 13K-15K section to get the power to rise.
Therefore, whether it is rising or falling from its current position, a short-term response is required.
A full-fledged uptrend is expected to start when it rises above 29K.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
Need to check if it can break through MS-SignalHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(USDT 1D chart)
(USDC 1D chart)
The rise in the gap of USDT or USDC is seen as a signal of new funds entering the coin market.
(BTC.D 1W chart)
If possible, I think it would be good to show a rise in the 43.40-45.68 section and then a decline.
At this time, it is important to check whether the USDT dominance is rising or falling.
(USDT.D 1D chart)
A rise in USDT dominance means a fall in the coin market.
So, the question is whether it can fall below 7.86.
The next period of volatility is around January 5th.
-----------------------------------------
(BTCUSDT 1W chart)
In order to continue the mid- to long-term upward trend, it must rise above 20050.02-20862.47.
In order to do so, the key is whether it can rise above 17880.71.
If it falls below 15475.10, I would expect a decline around 13500.0.
Taken together, the trend is likely to form out of the 15475.10-17880.71 area.
(1D chart)
The trend is expected to continue away from the big box range of 15475.10-17880.71.
However, the key is whether the trend can break out of the downtrend channel.
To do so, it is necessary to check whether it can get out of the small sideways section of 16428.78-17115.96.
Since this section is a key sideways section of the 15475.10-17880.71 section, it is necessary to keep the price above 17115.96 to continue the uptrend.
A break below 16428.78 is likely to break the new trend.
If the new trend is broken, it is likely to continue the decline along the medium- to long-term downtrend channel.
Since it has been more than 3 days since it has been supported around 16740.64, buying is possible.
First selling point: When resistance is received on the MS-Signal line or when 17115.96 is touched
Stop loss point: When resistance is received in the range of 16428.54-16590.54
The most important thing in a trading strategy is to determine the investment period of the asset to be traded.
This is because you can decide how to trade, including the size of your investment.
When deciding on a trading method, it is important to select all of the first buy and sell points and stop loss points.
If you can't decide on any of these, you shouldn't start trading yourself.
The next period of volatility is around December 28th.
Circled zones mark important support and resistance zones.
In this section, the trend may change depending on whether it is supported or resisted, so it is necessary to observe the movement closely.
If this uptrend ends with a one-off,
1st : 17880.71
2nd : 19176.93-20050.02
It is expected to touch the vicinity and fall.
If the new trend breaks, i.e. falls below 16428.78,
1st: 15475.10
2nd : 14.8K
3rd: 13500
It is expected to touch the vicinity.
------------------------------------------
- big picture
I think you need to be supported in the 13K-15K section to get the power to rise.
Therefore, whether it is rising or falling from its current position, a short-term response is required.
A full-fledged uptrend is expected to start when it rises above 29K.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
BTC/USD 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this BTC /USD 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-BTC was once again in consolidation on Friday, as markets continued to react to the latest U.S. Q3 GDP figures.
Following a low of $16,592.41 on Thursday, BTC/USD was marginally higher, with prices rising to a peak of $16,880.87 in today’s session.
The surge in price pushed BTC above a key resistance point of $16,800, as bulls once again attempted to recapture the $17,000 mark.
As can be seen from the chart, recent price uncertainty comes as the 14-day relative strength index (RSI) remains close to a floor of 45.00.
Sentiment also seems uncertain following a recent crossover between the red 10-day moving average, and its 25-day (blue) counterpart.
If this downward trend continues, we could see BTC trading near $16,000 during the Christmas weekend.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Need to confirm whether new entry will be possible...Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(USDT 1D chart)
(USDC 1D chart)
The rise in the gap between USDT and USDC is considered to be a sign of new funds entering the coin market.
(BTC.D 1D chart)
An increase in BTC dominance means that funds will be concentrated towards BTC.
We need to see if it can rise above 42.72.
(USDT.D 1D chart)
An increase in USDT dominance means that the coin market is likely to decline.
We need to see if it can drop below 8.41.
---------------------------------------
(BTCUSDTPERP 1D Chart)
We need to see if it will show support on day 3 at 16730.0.
Therefore, if it is supported, it can be considered a buy when today's candlestick is created.
However, there is also a possibility of falling, so you need to set a stop loss point.
When starting a trade, you should always start with a first buy point, a first sell point, and a stop loss point in mind.
If you can't set up a spot with any of these, it's better not to start trading.
Important short-term indicators are clustered in the 16422.6-17108.7 interval.
Therefore, the trend is likely to continue away from the 16422.6-17108.7 zone.
Therefore, in the short term, the key is to keep the price above 17108.7.
From the current price position, the important range is
Support: 16422.6-16580.6
Resistance: 17108.7
The most likely point for a mid- to long-term uptrend is when the price holds the price by rising above 17864.7.
Therefore, at the current price position, it is necessary to respond as quickly as possible in the short term.
(1h chart)
If the price is maintained below the M-Signal line of the 1D chart and below 17108.7, the main position is 'SHORT'.
Therefore, a quick response is required when entering a 'LONG' position.
Volatility occurred when it touched the 16938.1-16984.9 section and fell, touching the vicinity of 16730.0.
I think the chances of profiting from this volatility are slim.
Therefore, it is unlikely that the 'LONG' position, which was previously entered, was switched to the 'SHORT' position due to this volatility.
Therefore, I think there is a possibility that it entered a new 'SHORT' due to yesterday's volatility.
If you are entering 'SHORT',
1st: 16730.0
2nd : 16422.6-16730.0
It is recommended to split and sell in the vicinity.
You can always place a pre-order for the remaining quantity at the price you entered and wait.
Those who entered 'LONG' in the past have been sold until the second round, so you can wait until the next move comes out.
The original trading rule is to see the movement and close the position when the M-Signal line on the 1D chart is touched.
However, yesterday's volatility was such a rapid movement that it was judged that there was no time to close the position.
Therefore, if it rises this time and rises near the 16938.1-16984.9 section and shows resistance, then you can close the 'LONG' position transaction.
If you want to be sure to trade at the buy, sell, and stop loss points that are notified by the interval, you must place a reservation order by splitting the interval.
Therefore, although there is a possibility that the amount or quantity originally intended to be traded may not be made, the trade is highly likely to be completed, so you should change your trading strategy to a strategy that earns profits from completed trades.
A full-fledged trend change is expected when it falls below 16422.6 or rises above 17108.7.
Therefore, entry into a full-fledged position
'SHORT' when receiving resistance at 16422.6
'LONG' when upheld at 17108.7
You can enter that position.
Therefore, in order to earn a longer
When receiving resistance in the 16938.1-16984.9 section, enter 'SHORT'
Enter 'LONG' when supported in the section 16422.6-16580.6
You can enter as above.
Combining the above, it can be seen that entering the current position, around 16730.0, is just as risky.
Therefore, it is recommended to wait for support away from 16730.0 as it can be burdensome to respond quickly.
-------------------------------------------
- big picture
I think you need to be supported in the 13K-15K section to get the power to rise.
Therefore, whether it is rising or falling from its current position, a short-term response is required.
A full-fledged uptrend is expected to start when it rises above 29K.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If this chart is shared, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
The next period of volatility is around December 28.Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(USDT 1D chart)
(USDC 1D chart)
The rise in the gap of USDT or USDC is seen as a signal of new funds entering the coin market.
(BTC.D 1W chart)
I believe that BTC dominance must rise in order for the coin market to show stable movements.
This is because such a stable movement will invigorate the coin market and provide a driving force for active transactions as an investment market.
Therefore, BTC dominance should continue to rise.
If possible, I think it would be good to show a rise in the 43.40-45.68 section and then a decline.
Because if it rises higher than that, investors are expected to suffer.
At this time, it is important to check whether the USDT dominance is rising or falling.
(USDT.D 1D chart)
A rise in USDT dominance means a fall in the coin market.
So, the question is whether it can fall below 7.86.
The next period of volatility is around January 5th.
-----------------------------------------
(BTCUSDT 1W chart)
In order to continue the mid- to long-term upward trend, it must rise above 20050.02-20862.47.
In order to do so, the key is whether it can rise above 17880.71.
If it falls below 15475.10, I would expect a decline around 13500.0.
The Heikin Ashi body is marked as a drop.
So, we need to see if the Heikin Ashi body closes in a bullish sign this week.
This is because the RSI indicator is likely to enter the oversold zone.
(1D chart)
The question is whether it can rise above 17115.96 to show a short-term uptrend.
To do so, you need to keep the price above 16428.78-16590.54.
If not, it is expected that the new flow that has occurred since November 27th will be broken.
I need to check if it can be supported at 16740.64 now.
The next period of volatility is around December 28th.
(The previous volatility period was around December 24th, which was incorrectly displayed.
The previous chart will be discarded once this volatility is over.)
Circled zones mark important support and resistance zones.
In this section, the trend may change depending on whether it is supported or resisted, so it is necessary to observe the movement carefully.
If this uptrend ends with a one-off,
1st : 17880.71
2nd : 19176.93-20050.02
It is expected to touch the vicinity and fall.
If the new trend breaks, i.e. falls below 16428.78,
1st: 15475.10
2nd : 14.8K
3rd: 13500
It is expected to touch the vicinity.
------------------------------------------
- big picture
I think you need to be supported in the 13K-15K section to get the power to rise.
Therefore, whether it is rising or falling from its current position, a short-term response is required.
A full-fledged uptrend is expected to start when it rises above 29K.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
BTC/USDT 12Hr UPDATE BY CRYPTO SANDERSHello, welcome to this BTC /USDT 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-BTC bounced back after clearing the short-term downside liquidity. It is also forming an inverse head and should pattern on smaller time frames.
Currently, it is facing MA21 resistance, and a breakout of it will confirm a move toward the horizontal resistance. For mid-term bullish confirmation, bulls need to clear Ichimoku clouds, which would ensure a trend reversal in the market.
Bitcoin is unable to break the resistance area. This seems to be a rejection and the price is again testing the resistance area. Altcoins are showing some positive movement and we may see more upward trend if BTC remains stable in the range.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
BTC/USD 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this BTC /USD 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-Bitcoin ( BTC )continued to consolidate ahead of this afternoon’s third quarter GDP data from the United States.
This afternoon’s figures are expected to show growth of 2.9% in the quarter, as inflation in the U.S. began to slow down.
BTC/USD hit a high of $16,895.71 ahead of the data release, which is marginally higher than Wednesday’s bottom at $16,755.91.
Looking at the chart, today’s consolidation comes as the 14-day relative strength index (RSI) continued to hover near a support point at 46.00.
As of writing, the index is tracking at the 46.49 level and could be set to break out of this point at any moment.
Should this occur, bearish sentiment will likely return to the market, with prices heading toward $16,500.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Must be supported at 16730 to rise above 17.1KHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(USDT 1D chart)
(USDC 1D chart)
The rise in the gap between USDT and USDC is considered to be a sign of new funds entering the coin market.
(BTC.D 1D chart)
An increase in BTC dominance means that funds will be concentrated towards BTC.
We need to see if it can rise above 42.72.
(USDT.D 1D chart)
An increase in USDT dominance means that the coin market is likely to decline.
We need to see if it can drop below 8.41.
---------------------------------------
(BTCUSDTPERP 1D Chart)
Important short-term indicators are clustered in the 16422.6-17108.7 interval.
Therefore, the trend is likely to continue away from the 16422.6-17108.7 zone.
We need to make sure it is supported around 16422.6 and supported around 16730.0 to continue the upward flow.
If the price holds above 16730.0, I would expect the Heikin Ashi body to maintain its uptrend.
Such support near 16730.0 is expected to lead to an attempt to rise towards 17108.7, where the short-term uptrend can continue.
(1h chart)
The circled zones on the chart are important support and resistance zones.
If the price is maintained below the M-Signal line of the 1D chart and below 17108.7, the main position is 'SHORT'.
Therefore, a quick response is required when entering a 'LONG' position.
A full-fledged trend change is expected when it falls below 16422.6 or rises above 17108.7.
Therefore, entry into a full-fledged position
'SHORT' when receiving resistance at 16422.6
'LONG' when upheld at 17108.7
You can enter that position.
In the current price range, it can be said that a quick response is required.
If it rises above 16730.0 or above the 5EMA line on the 1D chart, 'LONG' entry is possible.
However, the first selling section can be the section 16938.1-16984.9.
If resistance is encountered at 16730.0, a 'SHORT' entry is possible.
However, the first selling section can be the 16422.6-16580.6 section.
Therefore, in order to earn a longer
When receiving resistance in the 16938.1-16984.9 section, enter 'SHORT'
Enter 'LONG' when supported in the section 16422.6-16580.6
You can enter as above.
Combining the above, it can be seen that entering the current position, around 16730.0, is just as risky.
Therefore, it is recommended to wait for support away from 16730.0 as it can be burdensome to respond quickly.
-------------------------------------------
- big picture
I think you need to be supported in the 13K-15K section to get the power to rise.
Therefore, whether it is rising or falling from its current position, a short-term response is required.
A full-fledged uptrend is expected to start when it rises above 29K.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
BTC/USDT 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this BTC/USDT 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-Bitcoin (BTC) moved closer to the $17,000 level on Tuesday, as traders reacted to the latest Bank of Japan policy decision.
BTC/USD surged to a peak of $16,837.65 earlier in today’s session, less than 24 hours after hitting a low of $16,398.14.
Today’s move saw the token climb above a key resistance level of $16,700, with prices rising to a four-day high in the process.
Looking at the chart, the surge took place as the 14-day relative strength index (RSI) broke out of a ceiling at the 46.00 level.
As of writing, the index is currently tracking at the 46.61 mark, which is its strongest point since last Thursday.
Should the index continue this upward trend, we will likely see BTC move above the $17,000 level in the coming days.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
#BTC/USDT 6Hr UPDATE BY CRYPTO SANDERS Hello, welcome to this BTC /USDT 6Hr chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:- BTC bounced back with a decent stable volume after clearing stops below the order block. Now it is facing mid-range resistance.
A reclaim over the mid-range with a retest above it would confirm a decent bullish rally in the market.
If it rejects from here, a downward move is expected toward the horizontal support of $16K, and from where we could expect an upward direction in the market.
Bitcoin is again testing the resistance area. Let’s wait to see if BTC is able to break the resistance area. There is no clear direction and we may see more sideways movement. The market needs big positive news to break the resistance levels.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Needs to rise above 17115.96 to show short-term uptrend...Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(USDT 1D chart)
(USDC 1D chart)
The rise in the gap of USDT or USDC is seen as a signal of new funds entering the coin market.
(BTC.D 1W chart)
I believe that BTC dominance must rise in order for the coin market to show stable movements.
This is because such a stable movement will invigorate the coin market and provide a driving force for active transactions as an investment market.
Therefore, BTC dominance should continue to rise.
If possible, I think it would be good to show a rise in the 43.40-45.68 section and then a decline.
Because if it rises higher than that, investors are expected to suffer.
At this time, it is important to check whether the USDT dominance is rising or falling.
(USDT.D 1D chart)
A rise in USDT dominance means a fall in the coin market.
So, the question is whether it can fall below 7.86.
The next period of volatility is around January 5th.
-----------------------------------------
(BTCUSDT 1W chart)
In order to continue the mid- to long-term upward trend, it must rise above 20050.02-20862.47.
In order to do so, the key is whether it can rise above 17880.71.
If it falls below 15475.10, I would expect a decline around 13500.0.
(1D chart)
The question is whether it can rise above 17115.96 to show a short-term uptrend.
To do so, you need to keep the price above 16428.78-16590.54.
If not, it is expected that the new flow that has occurred since November 27th will be broken.
The next volatility period is around December 17-24.
Circled zones mark important support and resistance zones.
In this section, the trend may change depending on whether it is supported or resisted, so it is necessary to observe the movement carefully.
If this uptrend ends with a one-off,
1st : 17880.71
2nd : 19176.93
3rd : 20050.02
It is expected to touch the vicinity and fall.
If the new trend breaks, i.e. falls below 16428.78,
1st: 15475.10
2nd : 14.8K
3rd : 13137.51-13761.50
It is expected to touch the vicinity.
------------------------------------------
- big picture
I think you need to be supported in the 13K-15K section to get the power to rise.
Therefore, whether it is rising or falling from its current position, a short-term response is required.
A full-fledged uptrend is expected to start when it rises above 29K.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
Support above 16.4K this week, a rise above 17108.7 is keyHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(USDT 1D chart)
(USDC 1D chart)
The rise in the gap between USDT and USDC is considered to be a sign of new funds entering the coin market.
(BTC.D 1D chart)
An increase in BTC dominance means that funds will be concentrated towards BTC.
need to see if it can rise above 42.72.
(USDT.D 1D chart)
An increase in USDT dominance means that the coin market is likely to decline.
We need to see if it can drop below 8.41.
---------------------------------------
(BTCUSDTPERP 1D Chart)
To continue the new trend, we need to keep the price above 16422.6.
Therefore, it is important to be able to climb with support in the 16422.6-16580.6 section.
It needs to rise above 17108.7 to continue the short-term uptrend.
So, the question is whether it can rise above 17108.7 this week.
However, it must rise above 17864.7 to turn into a mid- to long-term upward trend.
If it falls below 16422.6 and encounters resistance,
1st : 15908.2
2nd : 15328.7
3rd : 14824.3
You need to make sure that you are supported nearby.
The circled zones on the chart are important support and resistance zones.
The next volatility period is around January 6-9.
(1h chart)
The circled zones on the chart are important support and resistance zones.
If the price is maintained below the M-Signal line of the 1D chart and below 17108.7, the main position is 'SHORT'.
Therefore, a quick response is required when entering a 'LONG' position.
The price declined and fell to the T1 section of 16422.6-16580.6.
Therefore, when you get out of this section, new entry is possible.
When it rises above 16580.6 and shows support, 'LONG' entry is possible.
However, when the 5EMA line on the 1D chart is touched, volatility may occur, so a quick response is required.
If it falls to 16422.6 and becomes resistance, a 'SHORT' entry is possible.
1st : 15908.2-16161.1
2nd : 15328.7-15480.8
3rd : 14824.3
A 'SHORT' position entered at 16984.9 is currently in progress.
Therefore, the first sale was made by touching the T1 section, and the trading method is used to place a reserve order to sell at the entry price.
The second selling point is the T2 section, which is the section 15908.2-16161.1.
If the current 'SHORT' position ends, it means that it has risen to the 16984.9-17108.7 section, so you can confirm that it is out of the 16984.9-17108.7 section and enter a new position.
However, since volatility can occur by touching the 5EMA line and the M-Signal line of the 1D chart, it is necessary to pay close attention to the movement when these two lines are touched.
-------------------------------------------
- big picture
I think you need to be supported in the 13K-15K section to get the power to rise.
Therefore, whether it is rising or falling from its current position, a short-term response is required.
A full-fledged uptrend is expected to start when it rises above 29K.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
10 TradingView Crypto Indices You Should Know!📉📌 10 @TradingView Crypto Indices You Should Know!
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. And I want to start by thanking @TradingView for putting these indices together - making our life easier.
A couple of days ago, TradingView posted a tweet (attached on the chart) highlighting these 10 Crypto Indices. So I thought it would be a good idea to go over it and post its analysis as per my trading style.
So grab a cup of coffee or tea, and let's enjoy it together 😁
📌 BTC.D - Market Cap BTC Dominance
🗒 BTC.D is rejecting a strong support zone in green. For the bulls to take over short-term, we need a break above the last minor high in orange.
And for the bulls to remain in control from a medium-term perspective, we need a break above the main high in gray.
If we break below 40% level, then we will be expecting BTC.D to dive inside the green zone.
📌 ETH.D - Market Cap ETH Dominance
🗒 ETH.D has been stuck inside a range. For the bears to take over, we need a break below the orange zone and lower red trendline. In this case, a movement till the 13% green zone would be expected.
In parallel, for the bulls to take over, we need a break above the upper gray high. In this case, further bullish movement till around the upper red trendline would be expected.
📌 USDT.D - Market Cap USDT Dominance
🗒 USDT.D rejected our blue support zone last week and traded higher. We are currently sitting around a supply zone. If we trade higher, then we will be approaching a strong resistance zone in green.
For the bears to take over, thus for the bull run to start for Crypto, we need a break below the blue support AND lower blue trendline.
📌 USDC.D - Market Cap USDC Dominance
🗒 USDC.D is overall bullish trading inside our two red trendlines. For the bulls to remain in control, we need a break above the last major high in green.
Meanwhile, USDC.D is sitting around the upper red trendline acting as a non-horizontal resistance that might push price lower inside the range again.
For the bears to take over from a medium-term perspective, which would be healthy for the crypto market, we need a break below the lower red trendline. In this case, a movement till the 4% support zone would be expected.
📌 TOTAL - Total Crypto Market Capitalization
🗒 TOTAL has been overall bearish for a while, and lately we have been trading inside the red channel.
The next support that might hold TOTAL up is the 500B - 600B demand zone.
For the bulls to take over from a long-term perspective, we need a break above the 1 Trillion round number in blue.
Meanwhile, every bullish movement would be a short-term correction.
🗒 TOTAL2, TOTAL3, OTHERS and TOTALDEFI charts are very similar to TOTAL
📌 TOTAL2 - Total Market Capitalization (Excluding BTC)
📌 TOTAL3 - Crypto Total Market Cap (Excluding BTC and ETH)
📌 OTHERS - Crypto Total Market Cap Others
📌 TOTALDEFI - Total DeFi Market Capitalization
📌 DEFIETH - DeFi/Ethereum ratio
🗒 DEFIETH is stuck inside a range.
For the bulls to take over, we need a break above the upper gray zone AND upper red trendline.
For the bears to take over, we need a break below the lower gray zone. In this case a movement till around the 15% demand zone would be expected.
Hope you find this article useful. Feel free to share your thoughts or request any chart analysis.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Whether it can rise above 17115.96 is the keyHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(USDT 1D chart)
(USDC 1D chart)
The rise in the gap of USDT or USDC is seen as a signal of new funds entering the coin market.
(BTC.D 1W chart)
I believe that BTC dominance must rise in order for the coin market to show stable movements.
This is because such a stable movement will invigorate the coin market and provide a driving force for active transactions as an investment market.
Therefore, BTC dominance should continue to rise.
If possible, I think it would be good to show a rise in the 43.40-45.68 section and then a decline.
Because if it rises higher than that, investors are expected to suffer.
At this time, it is important to check whether the USDT dominance is rising or falling.
(USDT.D 1D chart)
A rise in USDT dominance means a fall in the coin market.
So, the question is whether it can fall below 7.86.
The next period of volatility is around January 5th.
-----------------------------------------
(BTCUSDT 1W chart)
The important point for the medium term is the 17880.71 point.
So, if the price holds above 17880.71, I would expect an attempt to break out of the downtrend channel.
We need to see if StochRSI can maintain its uptrend.
(1D chart)
The question is whether the price can rise above 17115.96 by holding the price at or above the 16428.78-16590.54 zone.
If not, it is expected that the new flow that has occurred since November 27th will be broken.
It needs to rise above 17880.71 to continue the uptrend.
However, in order to show a short-term uptrend, the price must rise above 17115.96 to maintain the price, so if it rises at this opportunity, it is judged that there is a possibility of an uptrend within a short period of time.
The next volatility period is around December 17-24.
Circled zones mark important support and resistance zones.
In this section, the trend may change depending on whether it is supported or resisted, so it is necessary to observe the movement closely.
If this uptrend ends with a one-off,
1st : 17880.71
2nd : 19176.93
3rd : 20050.02
It is expected to touch the vicinity and fall.
If the new trend breaks, i.e. falls below 16428.78,
1st: 15475.10
2nd : 14.8K
3rd : 13137.51-13761.50
It is expected to touch the vicinity.
------------------------------------------
- big picture
I think you need to be supported in the 13K-15K section to get the power to rise.
Therefore, whether it is rising or falling from its current position, a short-term response is required.
A full-fledged uptrend is expected to start when it rises above 29K.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
BTC DOM UPDATE! ALTS MIGHT DUMP 40-50% FROM HERE IF??Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this Bitcoin Dominance update. BTC Dominance is inversely correlated with Alts. When dominance pumps, Alts dump, and when dominance dump, Alts pump.
According to the weekly chart of BTC Dom, it is forming a descending triangle here and currently trading near the above trendline. If it breaks out from this triangle then it will be very bad for Altcoins. Meanwhile, rejection from here will give some relief rally in the Alts.
For more confirmation, we have to wait for another weekly close. Let's see how this goes. I'll keep updating you.
If you like this idea then do show your support with like and follow.
Also, share your views in the comment section.
Thank You!
Position Entry Criteria: Find in the flow of the 1D chart...Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(USDT 1D chart)
(USDC 1D chart)
It seems that the funds that came into USDC are slowly withdrawing.
(BTC.D 1W chart)
(USDT.D 1D chart)
We need to see if it can drop below 8.41.
If not, it's because there is a possibility of a rise around 9.49.
---------------------------------------
(BTCUSDTPERP 1D Chart)
The important point or section from where the current price is located is the 16422.6-16580.6 section.
This is because the short-term buy point (HA-Low) and the -100 indicator are passing.
Therefore, if it goes down in this section, it is highly likely that the flow itself will turn into a downtrend, so it can be said to be an important section.
To disprove this, you must see a price defense or rise accompanied by trading volume.
The next most important interval is 16984.9-17108.7.
This is because the price has moved sideways in this section and there is a short-term surge (HA-High).
So, if the price holds above 17108.7, a bullish trend is likely.
If it falls below 16422.6 and encounters resistance,
1st: 15908.2
2nd: 15328.7
tertiary: 14824.3
You need to make sure that you are supported nearby.
The circled zones on the chart are important support and resistance zones.
The next volatility period is around January 6-9.
(1h chart)
The circled zones on the chart are important support and resistance zones.
If the price is maintained below the M-Signal line of the 1D chart and below 17108.7, the main position is 'SHORT'.
Therefore, a quick response is required when entering a 'LONG' position.
A 'SHORT' position entered at 16984.9 is currently in progress.
Therefore, the first sale was made by touching the T1 section, and the trading method is used to place a reserve order to sell at the entry price.
The second selling point is the T2 section, which is the section 15908.2-16161.1.
If the current 'SHORT' position ends, it means that it has risen to the 16984.9-17108.7 section, so you can confirm that it is out of the 16984.9-17108.7 section and enter a new position.
However, since volatility can occur by touching the 5EMA line and the M-Signal line of the 1D chart, it is necessary to pay close attention to the movement when these two lines are touched.
If you decide how to select a position by looking at the movements of the candles on the time frame chart you are currently looking at, the time you have to look at the chart to maintain your position may increase.
Therefore, you should make the longer flow of the chart always recognizable by marking the flow on at least a 1D chart on the chart you mainly watch and trade.
This is because it can survive the whipsaw-like volatility that can occur on lower time frame charts.
------------------------------
- big picture
I think you need to be supported in the 13K-15K section to get the power to rise.
Therefore, whether it is rising or falling from its current position, a short-term response is required.
A full-fledged uptrend is expected to start when it rises above 29K.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------