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Btcdominance

#BTC AT LOCAL SUPPORT!!Hello, community members welcome to another BTC/USDT chart update. As we can see in the above-mentioned chart that after a sharp pump of 12% BTC got rejected from the price level of $21700 resistance level. In the current scenario BTC holding the red MA support well and needs to sustain this level to regain above. Bounce from the current level will lead towards the upper resistance level at the price level of $21.7k. Rejection will lead BTC again towards its lower price levels. Let’s see how it perfumes in the upcoming hours. NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update. If you have anything to ask about this analysis you can ask in the comment section. This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments. DO YOUR RESEARCH BEFORE MAKING ANY TRADES. Thank you.
BITSTAMP:BTCUSD
by Domino_Crypto
#BTC/USDT 2HR CHART UPDATE !!Hello, community members welcome to another BTC/USDT chart update. As we can see BTC broke below the lower trend line support and dropped down to the lower support zone. Currently, BTC bounces and printed consecutive green candles, here bulls need to take charge to gain above to get back inside the channel pattern. In the current scenario, BTC is trading in the support zone where it also getting a fib level of 0.618 which is the confirmation of strong support also. Here MACD bands are also on the way for a bullish crossover with a slightly green bar. Here BTC needs to get back inside the channel and re-gain % towards the price level of $20k. If BTC is able to do so then it’s highly likely that we can see BTC again to its $22k price level. Candle close below the lower green support zone will lead BTC towards its lower price levels. NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update. If you have anything to ask relating to this analysis you can ask in the comment section. This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments. DO YOUR RESEARCH BEFORE MAKING ANY TRADES. Thank you.
BITSTAMP:BTCUSD
by Domino_Crypto
#BTC/USDT 4HR CHART UPDATE !!Hello, community members welcome to another BTC/USDT chart update. Till now BTC has performed exceptionally well, bouncing from the green support zone and able to regain 10% till now. In the current scenario, BTC is facing a local resistance and needs to close above to carry on its further rally towards the price level of $22.8k which is the main resistance level for now which BTC cannot break above in the last 6 weeks. Here BTC also getting support from RED ma. The rejection or close below this MA support can again lead BTC towards the lower support levels. NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update. If you have anything to ask about this analysis you can ask in the comment section. This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments. DO YOUR RESEARCH BEFORE MAKING ANY TRADES. Thank you.
BITSTAMP:BTCUSD
by Domino_Crypto
Currently, the coin market is experiencing liquidity problems.hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (UTC) When the BTC price is leading the uptrend, the coin market is likely to turn to an uptrend. I don't think it's taking the lead in the current BTC movement. for that reason - BTC Dominance Decline - Rising USDT Dominance Because it shows the flow of The decline in BTC dominance should be seen as expressing the ups and downs of altcoins rather than the ups and downs of BTC prices. Therefore, it should be seen that the current distribution of funds in the coin market is heading towards altcoins. A rise in USDT dominance means that you are increasing your cash holdings rather than trading in the coin market. Therefore, it should be seen that transaction liquidity is decreasing. However, since USDT and USDC are showing an overall upward trend, USDT Dominance and USDC Dominance have no choice but to show an upward trend. It is judged that the upward trend is continuing as it is flowing funds into the coin market through USDT and USDC. The USDT chart has been trending downwards lately. It fell below 68.468B, further exacerbating the downtrend. This downtrend means that funds are flowing out of the coin market. However, it can be seen that some funds are flowing into the coin market due to the slight increase in USDC. In order for the coin market to turn upside down again, I believe that the funds outflow from the coin market must first flow in. As such, I believe USDT should rise above 68.468B and continue to see an influx of funds along the uptrend line. We believe that it is unlikely that the coin market will turn to an uptrend without an inflow of funds first. The coin market is now associated with other investment markets. Therefore, they are directly or indirectly affected. However, it should not be judged that it is entirely influenced by the indices of external investment markets. Currently, the coin market is experiencing a lack of liquidity. I think this is a phenomenon that occurs as the coin market is on a downtrend, but I don't think that's all. The coin market is slowly trying to connect with the real economy. As such, themes such as DeFi, NFT, and P2E are being formed. These themes will lead to attribution of funds. In other words, the number of systems that can receive interest by holding coins (tokens) of these themes is increasing. More of these themes will be formed in the future. As with many themes that are taking shape in the current stock market... We will solve the severe liquidity problem caused by stagnant funds in this down market, and until it is resolved, you must establish your own trading standards to survive in the market. It is judged that the possibility that the coin market will be attributed to the existing stock market is accelerating. Many institutional investors are launching new investment products, and these investment products will serve as a bridge between the coin market and the stock market. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
1
#TETHER/DOMINANCE AT LOCAL RESISTANCE!!Hello, traders welcome you all to another chart update on USDT DOMINANCE. If you are reading my update for the first time hit the like button follows and comments in the comment section if you find this analysis helpful. As we can see from the above-mentioned chart USDT DOMINANCE currently facing the resistance of red MA after a short bounce from the green support zone and it needs to reject from this level to meltdown towards the lower levels which will bring consecutive green candles in altcoins. Break above will again turn altcoins into the red. MACD also prints slightly light colors bar and about print a bullish crossover. So, for now, be cautious with your long trades and keep your so tight. Let’s see how it moves in the upcoming hours. NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update. If you have anything to ask relating to this analysis you can ask in the comment section. This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments. DO YOUR RESEARCH BEFORE MAKING ANY TRADES. Thank you.
CRYPTOCAP:USDT.D
by Domino_Crypto
Bitcoin (BTC) - July 14Hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDT 1W Chart) Resistance: 27033.35-29812.52 1st support: around 21475.02 Second support: 13137.51-15916.68 The key is to get support above 21475.62 and get inside the lower end of the Bollinger Bands (60). The Stochastic RSI has been rising over the past two weeks. As such, the key is whether we can enter the overbought zone in a few weeks. If it enters the overbought zone, it is highly likely that the RSI indicator will break out of the overbought zone soon. To support this move, the CCI line should show an uptrend. (Currently, the CCI-C indicator has its set value changed to observe the mid- to long-term flow.) (1D chart) It is necessary to check whether there is a movement out of the section 18719.11-22487.41. The next volatility period is around July 18th. However, if the price is maintained above the uptrend line passing the 19695.87 point around July 18th, there is a possibility that the price will rise from the volatility period around July 24th. At this time, the rising section is expected to be 23K-25K. To predict the flow of investment markets, we want a lot of information. You will see all kinds of articles and various broadcasts that satisfy this. However, these articles or broadcasts cannot provide the necessary information for trading. This is because prices usually move first. Therefore, first of all, the ability to interpret the flow of the chart is required. If you fail to interpret the flow of the chart, there is a possibility that you will trade in the opposite direction of the market flow because of the price moved ahead of time. In an investment market where there are charts showing the movement of prices, it is important to check the movement of the chart in advance. When checking the movement of the chart, you should look at the 1M > 1W > 1D chart in the following order. Otherwise, if you only look at hourly or minute charts and trade, you may miss the big flow. Depending on your investment style, even traders who mainly trade short-term or same-day trading should check the movement of the 1D chart. It is not recommended to read the news first before looking at the charts, as various articles or broadcasts that are published in the media are likely to give subjective judgment on the transaction you are going to proceed with. Economic indicators announced by investment experts, investment companies, fund managers, critics (broadcasters), etc. are published for their own benefit. The advantage should not be forgotten. When trading in the coin market or stock market, if one's subjective thoughts begin to intervene, and if the judging criteria continue to change due to price volatility, the trade is likely to fail. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
1
#BNB/USDT 2HR CHART UPDATE !!Hello, traders welcome you all to another chart update on BNB/USDT. If you are reading my update for the first time hit the like button follows and comments in the comment section if you find this analysis helpful. As we can see from the above-mentioned chart that BNB/USDT moved downside by 6% from the $231 price level. In the current scenario BNB currently trading on a support zone at the price level of $222 and is holding a green support zone well after a sharp wick off of 5%, the longer it holds this level the higher chances to regain above. MACD also printed a bullish cross-over with slightly light red bars, which is the indication of a trend reversal from bear to bullish mode. Candle close above the $230 price level will trigger bullish mode towards the price level of $245. Candle close below the current support zone will lead ETH towards its lower price levels. NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update. If you have anything to ask relating to this analysis you can ask in the comment section. This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments. DO YOUR RESEARCH BEFORE MAKING ANY TRADES. Thank you.
by Domino_Crypto
ETH AT ITS CRUCIAL SUPPORT LEVEL!!Hello, traders welcome you all to another chart update on ETH/USDT. If you are reading my update for the first time hit the like button follows and comments in the comment section if you find this analysis helpful. As we can see in the above-mentioned chart that ETH broke below earlier and meltdown by 7%. In the current scenario ETH is currently holding a green support zone well after a sharp wick off of 5%, the longer it holds this level the higher chances to regain above. MACD also printed a bullish cross-over with slightly light red bars, which is the indication of a trend reversal from bear to bullish mode. Candle close above the $1100 price level will trigger bullish mode towards the price level of $1260. Candle close below the current support zone will lead ETH towards its lower price levels. NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update. If you have anything to ask relating to this analysis you can ask in the comment section. This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments. DO YOUR RESEARCH BEFORE MAKING ANY TRADES. Thank you.
by Domino_Crypto
Bitcoin (BTC) - July 13hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDTPERP 1D Chart) The 10-18 July volatility should see if there is movement outside the 18741.7-22471.5 interval. The intervals 13121.7-15908.2, 27054.1-29840.6, and 46559.4-49345.9 shown in the chart are the intervals that determine the trend. This means that this is an interval with a high probability of reversing the trend. The 21481.1 and 38200.0 points are likely points for a rebound or reversal. Therefore, the movement around 21481.1 and 38200.0 should be observed. Since the Long/Short-S indicator is pointing to the -50 point, you can see that the downtrend is strong. (1h chart) ** A short-term response is recommended as sharp movements are likely to occur on the 1h chart. key point - 22471.5 - 21481.1 - 20564.2 - 20109.9 - 18741.7 It is expected to show movement depending on whether it is supported or resisted at the key points above. You need to see where the Stochastic RSI indicator comes out of the oversold zone. On the CCI-C indicator, you should see if the CCI line can break out of the downtrend line and move higher than -100 points. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
#TETHER/DOMINANCE 4HR CHART UPDATE !!Hello, traders welcome you all to another chart update on USDT DOMINANCE. If you are reading my update for the first time hit the like button follows and comments in the comment section if you find this analysis helpful. As we can see from the above-mentioned char that USDT.D broke its local resistance levels and moved upside. It’s currently trading below the resistance level of 7.74%, as USDT dominance printing a bearish divergence in lower time frame charts which are mentioned in the above chart. Rejection is likely from the current level and we can see a short-term meltdown at stable dominance in the upcoming hours. A candle that closes above the resistance level will lead USDT pair altcoins towards a blood bath. So, keep an eye on it to track in which direction it’s moving. NOTE: This is not financial advice This is for education purposes only. I am not responsible for the profits or losses you generate from your investments. DO YOUR OWN RESEARCH BEFORE MAKING ANY TRADES. Thank you.
CRYPTOCAP:USDT.D
by Domino_Crypto
#BTC/USDT 4HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. #BTC/USDT UPDATE ! BTC broke above the triangle pattern, gained above till $22.8k level, and was rejected. After rejection, BTC again moved back inside the triangle pattern. As BTC holds the current support level extremely well if BTC is able to have this level longer then we can able to see BTC gain above again towards the price level of $22.6k. Break below will lead BTC towards its lowest price levels. Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits. THANK YOU.
by CryptoSanders9563
#BTC/USDT 4HR CHART UPDATE !!Hello traders welcome to another BTC chart analysis If you are reading my update for the first time hit the like button follows and comments in the comment section if you find this analysis helpful. As we can see in the above-mentioned chart that BTC was rejected for the third time from the $21.7k resistance level and meltdown again towards the lower green support. BTC is currently trading in the green support zone and lower trend line support. BTC should gain above the current level towards the upper resistance level again unless it breaks down the lower trend line support. Candle close below the $19k level will change things totally for the whole market in the worst direction. NOTE: This is not financial advice This is for education purposes only. I am not responsible for the profits or losses you generate from your investments. DO YOUR OWN RESEARCH BEFORE MAKING ANY TRADES. Thank you.
BITSTAMP:BTCUSD
by Domino_Crypto
Bitcoin (BTC) - July 12Hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDT 1M Chart) It is about a -70% drop from its current high. If it falls to the 13137.51-15916.68 section, it will fall further by -30%. The area around 21475.02 is the previous high, so the section 15916.68-21475.02 is a good place to start buying. However, if it fails to rise to the 27033.35-29812.52 section, you must sell. I think the time to start showing a full-fledged uptrend is when it rises above 29812.52 and is supported. (1W chart) Resistance: 27033.35-29812.52 1st support: around 21475.02 Second support: 13137.51-15916.68 The key is to get support above 21475.62 and get inside the lower end of the Bollinger Bands (60). (1D chart) It rose above 21475.02 and failed to find support and is now falling. It is necessary to check whether it is supported in the section 18719.11-199695.87. If it falls below 18719.11, there is a possibility that it will move towards 15916.68. In the CCI-C indicator, the CCI line intersects the EMA line. As such, volatility is likely to occur when the CCI and EMA lines cross or when the CCI line crosses the -100, 0, 100 points. So, in these times, you need to see where the price finds support and resistance. A break from that support and resistance zone can lead to sharp volatility, so be careful. It is necessary to check whether there is a movement out of the section 18719.11-22487.41. If it gains support above the 21475.02-22487.41 section, it is expected to turn into an uptrend in the short-term and medium-term perspective. However, caution is advised as resistance is expected near the uptrend line. The volatility period is around July 13th. However, if the price is maintained above the uptrend line passing the 19695.87 point around July 18th, there is a possibility that the price will rise from the volatility period around July 24th. At this time, the rising section is expected to be 23K-25K. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
Bitcoin (BTC) - July 11Hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDTPERP 1W Chart) The key is whether it can rise above 21481.1 to find support. You also need to make sure you can get inside the bottom of the Bollinger Bands (60). (1D chart) Since the Stochastic RSI has entered the overbought zone, you need to check the position when it is falling from the overbought zone. The key is whether there is movement outside the 18741.7-22471.5 zone due to the volatility between around 11-16 July (up to 10-17 July). If it finds support and moves higher at 21481.1-22471.5, it is expected to lead to further gains. If it falls below 19930.6, there is a possibility that it will fall below 18741.7. The coin market is currently mixed. This is also confirmed by the large movements of USDT and USDC funds. () As the current BTC price is located in the previous high, it is in a position to buy, but it is also a difficult position to trade because it is a mixed market. Therefore, short-term trading is advantageous in these markets. Short-term trades require trades that increase holdings rather than earning cash returns. You should also recover your investment, if possible, to increase your cash weight. The reason is that there remains a possibility of a decline towards the 13121.7-15908.2 section. It is located in the bottom section, so it is a section where you cannot stop loss if the price goes down. Therefore, rather than stop loss when the price falls, you should rather buy in installments when the price falls and sell it when the price rises compared to the purchased unit price to increase the holding quantity. Since you can't know when the price goes up after falling, you shouldn't make a high share of buying in installments. If you buy unconditionally until you run out of cash, you miss out on a better opportunity when it comes. (1h chart) ** A short-term response is recommended as sharp movements are likely to occur on the 1h chart. key point - 22471.5 - 21481.1 - 20564.2 - 19930.6-20109.9 - 18741.7 It is expected to show movement depending on whether it is supported or resisted at the key points above. It is necessary to check whether it can be supported in the vicinity of 20564.2. If it falls below 20564.2, we need to check if it is supported in the 19930.6-20109.9 zone. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
#BTC/USDT 4HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. #BTC/USDT UPDATE ! As mentioned in our most recent analysis, the triangle pattern could turn into a continuation or a reversal pattern, depending on the direction the price breaks out. Given that the price has broken the triangle to the upside, a short-term pullback to the triangle’s upper boundary and a new rally to the $28K is the possible scenario for Bitcoin. However, we should always consider the option of a bull trap, where the price gets rejected from this range and plummet to re-test the $17K-$20K critical zone. If the price breaks below the current 2022 low of $17K – a steep crash towards the $15K mark would be inevitable. Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits. THANK YOU.
by CryptoSanders9563
1
Bitcoin (BTC) - July 10Hello? Nice to meet you, traders. Follow us and you'll always get new information quickly. Please click "Like". Have a great day today. ------------------------------------- (BTCUSDT 1W Chart) Resistance: 27033.35-29812.52 Primary Support: Around 21475.02 2nd Support: 13137.51-15916.68 The key is whether it can be supported at 21475.62 or higher and enter the bottom of the Bollinger Band (60). It's an important period of volatility around next week. (1D Chart) It is necessary to check if there is any movement deviating from section 18719.11-22487.41. If it rises above 21475.02-22487.41 and is supported, it is expected to shift to an upward trend from a short-term and medium-term perspective. However, careful trading is required as resistance is expected near the upward trend line. The next period of volatility is around July 13. As with the previous trend, careful trading is required because it may not break through the MS-Signal index upward and lead to a large drop. In order for the MS-Signal index to shift to an upward trend, it must rise above 22487.41, shake it up and down, and rise. However, since it will be supported around 21475.02, it is expected that there will be little room for the rise. I think we need to walk sideways for about two more months to get the momentum around 21475.02. It is expected to continue the upward trend from a mid- to long-term perspective only when it rises above 29812.52. Therefore, below 29812.52, we have to proceed with the transaction from a short-term perspective. However, rather than receiving profits in cash, it is better to increase the number of holdings. --------------------------------------------------------------------------------------------- ** All indicators are retrograde indicators. So, it's important to know that the indicators move along with the price and volume of the transaction. However, for convenience, I'm talking upside down for interpretation of the indicators. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV index was re-created by applying the formula to the Depth House Trading index released by Oh92. (Thank you.) ** Support or resistance is the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee gains or losses in the investment. (Short-term Stop Loss is a point where profit or loss can be preserved or additionally entered as a split transaction. It's a short-term investment perspective.) ---------------------------------
by readCrypto
6
Bitcoin (BTC) - July 9Hello? Nice to meet you, traders. Follow us and you'll always get new information quickly. Please click "Like". Have a great day today. ------------------------------------- (BTCUSDTPERP 1D Chart) Since the Stochastic RSI index has entered the overbuying section, you should check the position when it falls in the overbuying section. If supported and raised at 21481.1-22471.5, it is expected to lead to further gains. However, it is necessary to check if there are any deviations within the box section drawn on the chart. The next volatility period is around July 16. The vicinity of 21481.1 is the midpoint of the transverse section (15908.2-21481.1). So, in order to continue the upward trend around 21481.1, you need a long horizontal swing up and down. Therefore, there is a high possibility of psychological distress if the price rises without any countermeasures. Therefore, it is recommended to make a transaction to increase profits or holdings by checking the supported sections when prices fall and then buying them and selling them when prices rise. The current position is advantageous to buy from a mid- to long-term perspective. This is because the position corresponds to the previous high point. Therefore, it is better to leave revenue as a holding quantity than to proceed with short-term transactions and earn cash. In order to start a full-fledged upward trend, it must rise above 29840.6. 1. Rising BTC prices, rising BTC.D, falling USD.D - This is what happens when the BTC starts to take the lead in rising. - So, most of the altcoins are either sideways or downward because the money is concentrated in the BTC. - At this point, if the BTC price shows a slight swing in a section, the Altcoin is on the rise. - In order for Altcoin to start rising, BTC price trends, BTC.D declines, and USDT.D declines must be indicated. Section 12212.6-12932.3 on the US 100 CFD (Nasdaq) Futures Chart is an important support and resistance interval. Therefore, it is important whether it can be raised by breaking the 12212.6-12932.3 section upward. If it falls below 11371.9, it is expected to fall below 10472.7. Institutional investors in the stock market are showing signs of being affected by the stock market as they enter the coin market. However, when the coin market rises, it is expected to be decoupled with the stock market. (1h chart) ** A short-term response is recommended, as sharp movements are likely to occur in the 1h chart. an important point - 22471.5 - 21481.1 - 20109.9-20564.2 - 18741.7 It is expected to indicate movement depending on whether it is supported or resisted at the critical points above. However, the key is whether it can rise along the short-term upward trend line. --------------------------------------------------------------------------------------------- ** All indicators are retrograde indicators. So, it's important to know that the indicators move along with the price and volume of the transaction. However, for convenience, I'm talking upside down for interpretation of the indicators. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV index was re-created by applying the formula to the Depth House Trading index released by Oh92. (Thank you.) ** Support or resistance is the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee gains or losses in the investment. (Short-term Stop Loss is a point where profit or loss can be preserved or additionally entered as a split transaction. It's a short-term investment perspective.) ---------------------------------
by readCrypto