Bitcoin (BTC) - June 24hello?
Traders, welcome.
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(BTCUSDT 1W Chart)
Resistance: 27033.35-29812.52
1st support: around 21475.02
Second support: 13137.51-15916.68
The key is to find support and move higher near 21475.52.
If it falls below 19695.87 and finds resistance, it is likely to decline to the 13137.51-15916.68 section, so careful trading is required.
The 19695.87-21475.52 section is the previous high, so it is expected to rebound if supported.
This rebound is expected to be classified as an uptrend or a rebound depending on whether it breaks through the uptrend line.
(1D chart)
It is necessary to check whether there is a movement that deviates from the section 19695.87-22487.41.
If it moves above 22487.41, you should check for resistance near the uptrend line.
If it falls below 19695.87, you should check to see if it is heading towards 15916.68.
The next volatility period is around July 13th.
The trades below are valid until they fall below 19695.87.
(buying)
- After confirming the support in the section 21475.02-22487.41
(Stop Loss)
- When it falls below 19695.87 and receives resistance
(Sell)
- When resistance near an uptrend line
- When resistance is received in the section 27033.35-29812.52
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Although it is a position where further declines can occur, the current price is a price point with merit.
Therefore, it is a position to buy in installments in case of further declines.
In addition, even if the price rises, it is expected to decline without rising more than the section 27033.35-29812.52.
This is due to the lack of upside potential.
This lack of upside is expected to be filled by moving sideways in the section 15916.68-28033.35.
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(USDT + USDC 1W chart)
A withdrawal of funds through USDT is in progress.
Therefore, there is a possibility of a sudden drop, so you need to trade cautiously.
Judging from the decline in USDT and the rise in USDC, it seems that funds are moving from USDT to USDC or institutional investors are investing due to the issue of stablecoins.
Therefore, you should proceed with the trade in mind that further declines are more likely.
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** 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 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.)
---------------------------------
Btcdominance
#USDC.DOMINANCE 2HR CHART UPDATE !!Hello, community members welcome to another USDC DOMINANCE chart update.
If you find this update helpful, shoot the like button follow and share your views in the comment section.
As we can see from the above-mentioned chart that USDC DOMINANCE is currently on a path to print a HEAD & SHOULDER pattern.
A break below the neckline will be great for BTC and ALT coins, break below will be the trigger point for the whole market to rally upside.
Let’s see how USDC reacts at the neckline level.
Bounce from that level will form red candles in ALTS.
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 RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
#TETHER/DOMINANCE 4HR CHART UPDATE !!Hello, community members welcome to another USDT DOMINANCE chart update.
If you find this update helpful, shoot the like button follow and share your views in the comment section.
As it is evident from the above-mentioned chart that USDT DOMINANCE got rejected from the upper trend line resistance and moved downside by 18% which is a pretty good downside move.
In the current scenario, USDT DOMINANCE broke downside the upper mid trend line and currently trading below which is a good signal for bull traders to get into some long positions.
USDT DOMINANCE needs to hold this level and lose some more % to print more green candles in ALT coins.
A candle that closes above the mid-dotted trend line will be the reversal point for USDT DOMINANCE.
RSI also trading at 39% and moving downside.
MACD also printed red bars with bearish crossover.
Let’s see how USDT DOMINANCE performs in upcoming hours.
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 RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
#BTC/USDT 2HR CHART UPDATE !!Hello, community members welcome to another BTC/USDT chart update.
If you find this update helpful, shoot the like button follow and share your views in the comment section.
As we can see in the above-mentioned chart that BTC still trading inside the falling expanding channel pattern on a green support level.
Currently, BTC is trading at the price level of $20k and it needs to hold the $19.5k level to remain bullish.
Brake below this level will lead BTC again towards the price level of $17.5k.
A bounce from this level will lead BTC towards the upper trend line and a break below above will lead BTC towards the price level of $22.8k.
RSI currently moving at the range of 48.5% and MACD is printing a bullish cross-over.
IMO, BTC is still at a crucial price point so, if you are holding any position then be cautious and keep your SL tight to save your portfolio.
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 RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
Bitcoin (BTC) - June 23hello?
Traders, welcome.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(BTCUSDTPERP 1D Chart)
There is a possibility of a consolidation based on the 21481.1 point.
So, the key is whether it can move higher than 21481.1-22471.5.
The next volatility period is around July 16th.
In order for the coin market to show an upward trend,
- BTC price sideways or rises
- BTC Dominance Decline
- USDT dominance decline
I expect the US 100 CFD (NASDAQ) futures chart to move above 11728.0 to continue the upward trend in the long term.
So, it now means that the long-term view has turned to a downtrend.
If it does not find support in the 11371.9-11539.9 section, it is expected to decline to around 10472.7.
(1h chart)
** A short-term response is recommended as sharp movements are likely to occur on the 1h chart.
Whether or not it can move higher than 21418.1 is the key.
Therefore, if it fails to rise above 21418.1, it is expected to decline near the 18503.9-19424.9 section.
If support is found in the 21418.1-22471.5 section, it is necessary to check whether it leads to a move to move above the uptrend line.
------------------------------------------------------------ -----------------------------------------------------
** 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.)
---------------------------------
Bitcoin (BTC) - June 22hello?
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 sections 13137.51-15916.68, 27033.35-29812.52, 46487.52-49266.69, and 60383.36-63162.53 are the sections that determine the trend.
The section 15916.68-27033.35 is the sideways section and the point 21475.02 is the midpoint of the sideways section.
Therefore, the sideways section is divided into the lower sideways section (15916.68-21475.02) and the upper sideways section (21475.02-27033.35).
Comparing to the previous trend, it was highly likely to end in a rebound if it was supported near the middle of the sideways section and climbed.
However, since the 19695.87-21475.02 section is located near the previous high point section, the key is whether it can appear as a new movement when sideways in this section.
If it does not find support at the 19695.87-21475.02 zone, it is likely to touch the 13137.51-15916.68 zone to lead to an uptrend.
(1D chart)
In the short-term and medium-term perspective, a move above the uptrend line is required for a transition to an uptrend.
To do so, it must first rise above 21475.02 to find support.
Therefore, it is important to be able to support and rise in the 19695.87-22487.41 section.
If it falls below 19695.87, you can temporarily touch the 13137.51-15916.68 section, so you need to trade carefully.
The next volatility period is around July 13th.
- New indicators added HA-High, HA-Low -
HA-High and HA-Low indicators were added to the MRHAB-T indicators.
(I made it so that even those who use TradingView for free can share it and use it.)
The HA-Low indicator is passing near 21475.02.
Therefore, support above the HA-Low indicator is needed to increase the likelihood of a reversal to an uptrend on the Heikin Ashi chart.
The HA-High and HA-Low indicators are indicators to determine the uptrend and downtrend on the Heikin Ashi chart.
If it is supported by the HA-Low indicator, it is likely to lead to a continuous upward trend, and if it is supported by the HA-High indicator, it is likely to surge.
Conversely, a decline in the HA-High indicator is highly likely to lead to a sharp decline, and a decline in the HA-Low indicator is likely to lead to a continuous decline.
------------------------------------------------------------ -----------------------------------------------------
** 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.)
---------------------------------
#BTC/USDT 2HOUR 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 is forming Inverted Head & Shoulder Pattern in 2H timeframe..!!
Right Shoulder is Not Completed Yet..
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.
#BTC/USDT WEEKLY CHART UPDATE !!Hello, community members welcome to another BTC/USDT chart update.
If you find this update helpful, shoot the like button follow and share your views in the comment section.
As it is evident that BTC printed a well weekly candle close above the green support zone after retesting the previous ATH.
Here it’s clearly noticeable that upcoming weeks are way too crucial for BTC, upcoming weeks will decide BTC’S next move.
Candle close below the trend line support will lead BTC to move downside at lower green support which is the $12k price level.
IMHO, stay mostly in USDT, still market hasn’t printed a confirmation to get into the market totally, let’s see how BTC performs in upcoming weeks.
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 RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
Bitcoin (BTC) - June 21hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(BTCUSDTPERP 1D Chart)
(Heikin Ashi chart: )
There is a possibility of a consolidation based on the 21481.1 point.
A move above 21472.0 is more likely to lead to further gains on the Heikin Ashi chart.
So, the key is whether it can move higher than 21481.1-22471.5.
The next volatility period is around July 16th.
(1h chart)
** A short-term response is recommended as sharp movements are likely to occur on the 1h chart.
Whether or not it can move higher than 21418.1 is the key.
Therefore, if it fails to rise above 21418.1, it is expected to decline near the 18503.9-19424.9 section.
If you find support in the 21418.1-22471.5 section, you need to check if it leads to a move to move above the uptrend line.
------------------------------------------------------------ -----------------------------------------------------
** 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 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.)
---------------------------------
#ETH/USDT DAILY CHART UPDATE !!Hello, community members welcome to another ETH/USDT chart update.
If you find this update helpful, shoot the like button follow and share your views in the comment section.
As we can see from the above-mentioned chat that ETH is currently trading inside a falling expanding channel and bounced right from the lower trend line support where ETH also had a support zone.
ETH bounced from the support zone after printing another low of $880.
Till now BTC pumped almost 30% from the new lowest level.
Now, in the current scenario ETH heading towards its resistance level which is $1200.
Let’s see how it performs near its resistance zone, a rejection will lead again to touch its new low, and a break above will lead towards the price level of $1800.
Here RSI following the lower trend line well and MACD currently printing a bullish cross but a bearish cross-over are likely in the upcoming days.
IMHO, we should wait for the right time to enter any trades because many ALT are already pumped way high so we should take trades on confirmations.
Here we should wait for a break above this red resistance zone to enter.
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 RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
#BTC/USDT DAILY CHART UPDATE !!Hello, community members welcome to another BTC/USDT chart update.
If you find this update helpful, shoot the like button follow and share your views in the comment section.
As we can see from the above-mentioned chat that BTC is currently trading inside a falling expanding channel and bounced right from the lower trend line support where BTC also had a support zone.
BTC bounced from the support zone after printing another low of $17.6k.
Till now BTC pumped almost 19% from the new lowest level.
Now, in the current scenario BTC heading towards its resistance level which is $22k.
Let’s see how it performs near its resistance zone, a rejection will lead again to touch its new low, and a break above will lead towards the price level of $30k.
Here RSI follows the lower trend line well and is expected to continue till its 9% level.
MACD currently printing a bullish cross over but a bearish cross-over is likely in the upcoming days.
As we all know this time BTC printed a new scenario where BTC retested its previous low for the first time to date.
This is also an example that anything can happen at any time so also be cautious.
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 RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
#BTC/USDT 1HOUR UPDATE BY CRYPTOSANDERS 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 UPDATE:)
BTC reversal can form inverse head and shoulder if BTC breaks up we can see $25.3k in BTC if the BTC breakout chart will be invalid.
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.
Bitcoin (BTC) - June 20hello?
Traders, welcome.
If you "follow", 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
2nd support: 13137.51-15916.68
The sections 13137.51-15916.68, 27033.35-29812.52, 46487.52-49266.69, and 60383.36-63162.53 are the sections that determine the trend.
Looking at the current location, the section 15916.68-27033.35 is the sideways section, and the point 21475.02 is the middle point of the sideways section.
Therefore, the sideways section is divided into the lower sideways section (15916.68-21475.02) and the upper sideways section (21475.02-27033.35).
Therefore, it is important to find support near 21475.02.
If support is not found near 21475.02, it is likely to decline to the 13137.51-15916.68 section.
I would expect a rebound if it finds support near 21475.02, where the key is whether it can break through the uptrend line.
The 19695.87-21475.02 section is located near the previous high point, so it can be said that the role of support and resistance is stronger.
(1D chart)
It is necessary to check whether it can be supported in the section 19695.87-22487.41.
The next volatility period is around July 13th.
------------------------------------------------------------ -----------------------------------------------------
** 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 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.)
---------------------------------
BTC.D OutlookA few days ago, I made another analyse saying BTC.D will go down to 40%; but, that was in case if BTC had intended to go up from 30K. Today, BTC is falling and we can clearly see that BTC.D. can rise until 50% or more.
The green line is our long time resistance.
The blue line is our mid term trendline.
The pink line is our short term trendline.
ALTs potential to dominate while all eyes on BTC and ETHA little over one month ago I posted about a wedge or possible bull flag whereby ALTs were approaching a potential "bounce or break moment" after which the trend broke downward both for the dominance wedge in addition to the total market cap for ALTs.
However, during the latest bitcoin drops, I have noticed a trend whereby the "discount prices" for ALTs were not too far off from the "discount prices" one month ago when the price of bitcoin fell to around $25-26K.
Upon revisiting the trend, it appears that altcoins have continued to maintain their own prices despite the further drops in both bitcoin and ethereum. This is additionally rather surprising since alts generally follow ethereum more than bitcoin .
Now that the price has started to near $17K, I think the question now is: Will the dominance continue for alts? and in addition: Will BTC bounce reverse upward? and if so, what effect will that have on the "alt dominance trend"?
As anyone who has followed me knows, I have mentioned this "near $17K from the 78.6% Fibonacci retracement from 2020" possibility for some time now. I should note however, that further drops between $12-14K are still possible due to other retracement starting points, and when one looks at further retracement values from the recent lows last May (not drawn to avoid too much clutter on the chart), both this current value near $17K as well as lower prices look like potential possibilities.
I think only time will tell, but it does indeed look like the drops downward might soon be coming to an end. However, with the trends for stocks and the fed rate potentially continuing, and a potential recession around the corner (for which BTC has not really faced a long-term recession similar to that in 2008), there is also a very possible outcome of "untreated territory" around the corner and potential depressing drops ahead.
Either way, it looks like the current times are a very interesting crossroads, particularly for altcoins that I see continuous chatter about "alts suffering due to bitcoin drops" despite a potential to break that trend.
But please let me know what you think in the comments and "like" if you find this idea interesting. And as always, this is solely my opinion and not in any way meant as financial advice.