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Bitcoin (BTC) - May 1 (Variability Period-5)Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDT 1W chart) In order to continue the uptrend on the 1W chart, the price must remain above the 45135.66 point. In the week of May 3rd, we have to watch for movements that deviate from the 45135.66-57412.35 segment. (1D chart) You should watch for any movement that deviates from 55811.30-60886.07. In particular, it remains to be seen if we can succeed in breaking above the important section 57412.35-58968.31 It remains to be seen if the uptrend can continue with support at 55811.30. If it falls in the 48199.13-50736.52 section, a Stop Loss is required to preserve profit and loss. However, you can touch the 45135.66 point and go up, so you need to trade carefully. During the period of volatility (around April 28th-around May 4th), we should watch for any movement that deviates from the 50736.52-60886.07 range. If it is not able to continue the uptrend by breaking above the 60.886.07-63423.46 section, it will eventually fall. If it does not fall in the 48199.13-50736.52 section, it will continue to move sideways in the 50736.52-60886.07 section. ------------------------------------ (XBTUSD 1D chart) During the volatility period around April 28-May 4, we must watch for any movement that deviates from the 50752.0-60904.0 range. Breaking above the 55828.0 point increased the likelihood of an upward trend. It remains to be seen if the uptrend can continue as it breaks above the 57577.5-59029.0 interval. If it falls, you need to make sure you get support at 55828.0. If it falls in the 48214.0-50752.0 range, Stop Loss is required to preserve profit and loss. However, you need to trade carefully as you can touch and climb the 45211.5 point. It remains to be seen if the CCI line can rise by more than 100 points on the CCI-RC indicator. If the CCI line crosses 100 points or the EMA line, there may be volatility, so careful trading is necessary. ---------------------------------------------- (BTC Dominance (BTC.D) 1D Chart) It remains to be seen if it can fall below the downtrend line (3). Be aware of the volatility that can arise from touching the 48.81 point around April 30 (April 29-May 1). If BTC dominance goes up, we have to see if it can get resistance in the 53.20-56.78 range. In particular, we have to touch the downtrend line (1) and see if it can go down. The next volatility period on the BTC Dominance chart is around May 9. Therefore, I think that it is likely around May 9 that we can see the direction of BTC dominance. -------------------------------------------------- (USDT Dominance (USDT.D) 1D chart) We'll see if we can get resistance at 2.406 and move down. In particular, it remains to be seen if it can fall below the uptrend line (4). It remains to be seen if it can fall below the uptrend line (1). The uptrend line (1) is an important uptrend line. Therefore, if it falls below the uptrend line (1), the coin market is expected to continue an uptrend. However, if it rises above 2.842 points, I think the coin market is highly likely to turn into a downtrend. We'll have to see if we can get off the 2.088-2.473 segment and go down the 1.266-1.654 segment. -------------------------------------- It is advisable to trade at your average unit price. This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden. The center of every trade starts with the average unit price you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
by readCrypto
Bitcoin (BTC) - April 29 (Variability Period-3)Good morning? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDT 1W chart) In order to continue the uptrend on the 1W chart, the price must remain above the 45135.66 point. In the week of May 3rd, we have to watch for movements that deviate from the 45135.66-57412.35 segment. (1D chart) We have to see if we can get support at 54087.67 and climb above 55811.30. It remains to be seen if the uptrend can continue with support at 55811.30. I think the current position is an ambiguous position to view as an upward trend. Therefore, careful trading is necessary. If it goes down, you need to make sure you get support at 54087.67. In particular, it remains to be seen if it can rise along the uptrend line (3). If it falls in the 48199.13-50736.52 section, a Stop Loss is required to preserve profit and loss. However, you can touch the 45135.66 point and go up, so you need to trade carefully. During the period of volatility (around April 28th-around May 4th), we should watch for any movement that deviates from the 50736.52-60886.07 range. If it is not able to continue the uptrend by breaking above the 60.886.07-63423.46 section, it will eventually fall. If it does not fall in the 48199.13-50736.52 section, it will continue to move sideways in the 50736.52-60886.07 section. ------------------------------------ (XBTUSD 1D chart) During the volatility period around April 28-May 4, we must watch for any movement that deviates from the 50752.0-60904.0 range. In particular, we have to see if we can get support and climb at the 55828.0 point. The three sections, A, B, and C, showed a lot of rise, leading to an upward trend. At this time, it broke all the MS-Signal lines upward and continued the upward trend. The current D section is not. Therefore, it remains to be seen if it can break above the MS-Signal line and continue the uptrend in the upcoming volatility period. If it falls, you need to make sure you get support at 54122.5. In particular, it remains to be seen if it can rise along the uptrend line (3). If it falls in the 48214.0-50752.0 range, Stop Loss is required to preserve profit and loss. However, you need to trade carefully as you can touch and climb the 45211.5 point. ---------------------------------------------- (BTC Dominance (BTC.D) 1D Chart) It remains to be seen if it can fall below the downtrend line (3). We have to see if we can touch the 48.81 point around April 30 (April 29-May 1). If BTC dominance goes up, we have to see if it can get resistance in the 53.20-56.78 range. In particular, we have to touch the downtrend line (1) and see if it can go down. The next volatility period on the BTC Dominance chart is around May 9. Therefore, I think that it is likely around May 9 that we can see the direction of BTC dominance. -------------------------------------------------- (USDT Dominance (USDT.D) 1D chart) You should watch for any movement that deviates from the 2.406-2.842 section. It remains to be seen if it can fall below the uptrend line (1). The uptrend line (1) is an important uptrend line. Therefore, if it falls below the uptrend line (1), the coin market is expected to continue an uptrend. However, if it rises above 2.842 points, I think the coin market is highly likely to turn into a downtrend. ---------------------------------- (ETH Dominance (ETH.D) 1W chart) (1D chart) We must see if we can create a new wave as we break above the downtrend line (2). It remains to be seen if the ETH dominance can rise along the short-term uptrend line and break above the 17.47 point. We believe that the rise of ETH dominance is having some influence on current market trends. Accordingly, when viewing the BTC price chart, it is recommended to look at the ETH dominance chart as well as the BTC dominance and USDT dominance charts. -------------------------------------- It is advisable to trade at your average unit price. This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden. The center of every trade starts with the average unit price you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
by readCrypto
3
Bitcoin (BTC) - April 28 (Variability Period-2)Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ---------------------------------- (XBTUSD 1D chart) It remains to be seen if it can show a flow that rises above the 55828.0 point and breaks above the MS-Signal line. The three sections, A, B, and C, showed a lot of rise, leading to an upward trend. At this time, it broke all the MS-Signal lines upward and continued the upward trend. The current D section is not. Therefore, it remains to be seen if it can break above the MS-Signal line and continue the uptrend in the upcoming volatility period. If it falls, you need to make sure you get support at 54122.5. In particular, it remains to be seen if it can rise along the uptrend line (3). If it falls in the 48214.0-50752.0 range, Stop Loss is required to preserve profit and loss. However, you need to trade carefully as you can touch and climb the 45211.5 point. (1h chart) We need to see if we can get out of the critical segment 52825.0-54962.5. In particular, it remains to be seen if it can rise above the 55828.0 point to break off the short-term downtrend line (1). If you go outside the short-term downtrend line (1), there may be drastic movements and you need to trade carefully. We need to see if we can release the force to break above the previous high, 57577.5-59263.5. ---------------------------------------------- (BTCUSDT 1W chart) In order to continue the uptrend on the 1W chart, the price must remain above the 45135.66 point. In the week of May 3rd, we have to watch for movements that deviate from 45135.66-57412.35. (1D chart) We must see if we can climb above 55811.30 and get support. If it falls, we need to make sure it is supported at 54087.67 In particular, it remains to be seen if it can rise along the uptrend line (3). If it falls in the 48199.13-50736.52 section, a Stop Loss is required to preserve profit and loss. However, you can touch the 45135.66 point and go up, so you need to trade carefully. During the period of volatility (around April 28th-around May 4th), we should watch for any movement that deviates from the 50736.52-60886.07 range. If it is not able to continue the uptrend by breaking above the 60.886.07-63423.46 section, it will eventually fall. If it does not fall in the 48199.13-50736.52 section, it will continue to move sideways in the 50736.52-60886.07 section. ------------------------------------ (BTCKRW 1W chart) If the price remains above the 51798000 point on the 1W chart, it is expected to continue the upward trend. You should watch for any movement that deviates from the 51798000-65800000 section. (1D chart) We'll have to see if we can get support by climbing above the previous high of 65800000. If it falls in the 56052000-58981000 range, Stop Loss is required to preserve profit and loss. However, you need to trade carefully as you can touch and climb 51798000 points. In order to turn to an uptrend, it must break above the MS-Signal line. In particular, it must be supported at the 68567000 point. (Upbit BTCKRW 1D chart) ---------------------------------------- (BTC Dominance (BTC.D) 1D Chart) It remains to be seen if it can fall below the downtrend line (3). We have to see if we can touch the 48.81 point around April 30th. If BTC dominance goes up, we have to see if it can get resistance in the 53.20-56.78 range. In particular, we have to touch the downtrend line (1) and see if it can go down. The next volatility period on the BTC Dominance chart is around May 9. Therefore, I think that it is likely around May 9 that we can see the direction of BTC dominance. -------------------------------------------------- (USDT Dominance (USDT.D) 1D chart) It remains to be seen if the volatility around April 27 (April 26-28) leads to a movement that deviates from the 2.406-2.842 range. It remains to be seen if it can fall below the uptrend line (1). The uptrend line (1) is an important uptrend line. Therefore, if it falls below the uptrend line (1), the coin market is expected to continue an uptrend. However, if it rises above 2.842 points, I think the coin market is highly likely to turn into a downtrend. -------------------------------------- It is advisable to trade at your average unit price. This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden. The center of every trade starts with the average unit price you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Market price at the time of opening (Example) Gap (G1-G2)
BITMEX:BTCUSD.P
by readCrypto
1
Bitcoin (BTC) - April 27 (Variability Period-1)Good morning? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ---------------------------------- (BTCUSDT 1W chart) In order to continue the uptrend on the 1W chart, the price must remain above the 45135.66 point. In the week of May 3rd, we have to watch for movements that deviate from the 45135.66-57412.35 segment. (1D chart) We must see if we can ascend above the 54087.67 point. In particular, it remains to be seen if it can break above the MS-Signal line. If it falls, we need to see if it can rise along the uptrend line (3). If it falls in the 48199.13-50736.52 section, a Stop Loss is required to preserve profit and loss. However, you can touch the 45135.66 point and go up, so you need to trade carefully. A period of volatility around April 28 (April 27-29)-May 4 began. Accordingly, it remains to be seen if there is any movement outside the 50736.52-60886.07 range in this volatility period. If it is not able to continue the increase by breaking above the 60.886.07-63423.46 section, it will eventually fall. If it does not fall in the 48199.13-50736.52 section, it will continue to move sideways in the 50736.52-60886.07 section. ------------------------------------ (XBTUSD 1D chart) It rose, breaking above the downtrend lines (5) and (6). It remains to be seen if it can show a flow that rises above the 55828.0 point and breaks above the MS-Signal line. The three sections, A, B, and C, showed a lot of rise, leading to an upward trend. At this time, it broke all the MS-Signal lines upward and continued the upward trend. The current D section is not. Therefore, it remains to be seen if it can break above the MS-Signal line and continue the uptrend in the upcoming volatility period. If it falls, we need to see if it can rise along the uptrend line (3). If it falls in the 48214.0-50752.0 range, Stop Loss is required to preserve profit and loss. However, you need to trade carefully as you can touch and climb the 45211.5 point. A period of volatility around April 28 (April 27-29)-May 4 began. Accordingly, we have to watch if there is any movement that deviates from the current sideways section of 50752.0-60904.0. In particular, we need to see if we can ascend above the 55828.0 point, the central point of the sidewalk. ---------------------------------------------- (BTC Dominance (BTC.D) 1D Chart) It remains to be seen if it can fall below the downtrend line (3). If it doesn't fall below the downtrend line (3), it will eventually rise. If BTC dominance goes up, we have to see if it can get resistance in the 53.20-56.78 range. In particular, we have to touch the downtrend line (1) and see if it can go down. The next volatility period on the BTC Dominance chart is around May 9. Therefore, I think that it is likely around May 9 that we can see the direction of BTC dominance. As the BTC price rises, the BTC dominance may rise as well. This is due to the concentration of funds in BTC. Therefore, at this point, I believe that funds must be concentrated in BTC in order for the BTC price to continue the upward trend. If not, it will not lead to an upward trend and there is a high probability of falling. -------------------------------------------------- (USDT Dominance (USDT.D) 1D chart) It remains to be seen if the volatility around April 27 (April 26-28) leads to a movement that deviates from the 2.406-2.842 range. In particular, it remains to be seen if it can fall below the 2.541 point. I think that in order for the coin market to improve, it must be resisted at the point of at least 2.541 below the uptrend line (2). If it rises above 2.842 points, I think the coin market is highly likely to turn into a downtrend. No matter what analysis is used to explain the current market situation, the market trend can improve only when USDT dominance eventually declines. Therefore, if you enter the coin market with a brief rebound in the price adjustment flow, there is a high possibility of double loss. -------------------------------------- It is advisable to trade at your average unit price. This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden. The center of every trade starts with the average unit price you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
by readCrypto
5
Bitcoin (BTC) - April 26 (Fast Volatility Period 24-26)Good morning? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ---------------------------------- (XBTUSD 1D chart) We have to see if we can get support and climb in the 48214.0-50752.0 range. If it falls in the 48214.0-50752.0 range, Stop Loss is required to preserve profit and loss. However, you can touch the 45211.5 point and climb, so you need to trade carefully. The next volatility period is around April 28th. If it falls in the 48214.0-50752.0 section, it is the next section, 30448.0-32986.0. Therefore, there is a possibility that it will move sideways between 32986.0-48214.0. This sideways section can be further divided into 32986.0-40600.0 section and 40600.0-48214.0 section. So, you have to touch the 40600.0-45211.0 section and see if you can climb. In order to turn to an uptrend, the bookmaker must essentially deviate from the downtrend lines (5) and (6). It remains to be seen if the red color of OBV on the volume indicator decreases. On the wRSI_SR indicator, we must see if the RS line can rise more than 20 points. On the CCI-RC indicator, we need to touch the downtrend line with the CCI line drawn and see if it can rise. If the CCI line crosses the -100, 0, 100 points or crosses the EMA line, volatility may occur, so careful trading is required. ---------------------------------------------- (BTCUSDT 1W chart) In order to continue the uptrend on the 1W chart, the price must remain above the 45135.66 point. In the week of May 3rd, we have to watch for movements that deviate from the 45135.66-57412.35 segment. (1D chart) We have to see if we can get support and climb in the 48199.13-50736.52 section. If it falls in the 48199.13-50736.52 section, a Stop Loss is required to preserve profit and loss. However, you can touch the 45135.66 point and go up, so you need to trade carefully. The next volatility period is around April 28th. It remains to be seen if there may be any movements that deviate from the short-term downtrend line (5). If you do not deviate from the downtrend lines (5) and (6), you will eventually fall. ------------------------------------ (BTCKRW 1W chart) If the price remains above the 51798000 point on the 1W chart, it is expected to continue the upward trend. You should watch for any movement that deviates from the 51798000-65800000 section. (1D chart) The volatility around April 25th (April 24-26) will have to see if there is any movement that deviates from the 51798000-64837000 range. In particular, it remains to be seen if it can rise above 61712000 points. If it falls, we have to see if we can gain support and rise in the 56052000-58981000 range. If it falls in the 56052000-58981000 range, Stop Loss is required to preserve profit and loss. However, you need to trade carefully as you can touch and climb 51798000 points. (Upbit BTCKRW 1D chart) ---------------------------------------- (BTC Dominance (BTC.D) 1D Chart) It remains to be seen if it can fall below the downtrend line (3). If it doesn't fall below the downtrend line (3), it will eventually rise. If BTC dominance goes up, we have to see if it can get resistance in the 53.20-56.78 range. In particular, we have to touch the downtrend line (1) and see if it can go down. The next volatility period on the BTC Dominance chart is around May 9. Therefore, I think it is likely around May 9 that we can see the direction of BTC dominance. -------------------------------------------------- (USDT Dominance (USDT.D) 1W chart) If it closes by rising above 2.842 points, it is possible to touch the 2.97-3.374 section. (1D chart) It remains to be seen if the volatility around April 27 (April 26-28) leads to a movement that deviates from the 2.406-2.842 range. I think that in order for the coin market to improve, it must be resisted at the point of at least 2.541 below the uptrend line (2). If it rises above 2.842 points, I think the coin market is highly likely to turn into a downtrend. No matter what analysis is used to explain the current market situation, the market trend can improve only when USDT dominance eventually declines. Therefore, if you enter the coin market with a brief rebound in the price adjustment flow, there is a high possibility of double loss. -------------------------------------- It is advisable to trade at your average unit price. This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden. The center of every trade starts with the average unit price you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective. GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
BITMEX:BTCUSD.P
by readCrypto
2
Bitcoin (BTC) - April 25 (Fast Volatility Period 24-26)Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ---------------------------------- (BTCUSDT 1W chart) In order to continue the uptrend on the 1W chart, the price must remain above the 45135.66 point. In the week of May 3rd, we have to watch for movements that deviate from 45135.66-57412.35. (1D chart) We have to see if we can get support and climb in the 48199.13-50736.52 section. If it falls in the 48199.13-50736.52 section, a Stop Loss is required to preserve profit and loss. However, you can touch the 45135.66 point and go up, so you need to trade carefully. The next volatility period is around April 28th. In order to turn to an uptrend, it must rise above the 55811.30 point and gain support. ------------------------------------ (XBTUSD 1D chart) We have to see if we can get support and climb in the 48214.0-50752.0 range. If it falls in the 48214.0-50752.0 range, Stop Loss is required to preserve profit and loss. However, a careful trade is required as you can touch and climb the 45211.5 point. The next volatility period is around April 28th. It remains to be seen if the red color of OBV on the volume indicator decreases. On the wRSI_SR indicator, we must see if the RS line can rise more than 20 points. On the CCI-RC indicator, we need to touch the downtrend line with the CCI line drawn and see if it can rise. If the CCI line crosses the -100, 0, 100 points or intersects the EMA line, volatility may occur, so careful trading is required. (1h chart) (UTC) Check the movement before and after the time indicated on the chart. We need to see if we can get support at 50752.0, deviating from the downtrend line (2) drawn on the 1D chart. In particular, you should watch for any movement that deviates from the 48214.0-52825.0 interval on April 25th during the time shown on the chart. Also, it remains to be seen if it can break above the downtrend line (3) drawn on the 1W chart and gain support at 57577.5-59029.0. Finally, in order to continue the uptrend, we need to see if we can break above the short-term downtrend line (1), breaking above the 57577.5-59029.0 interval. If it breaks above the short-term downtrend line (1), it is expected to rise to 60904.0-63442.0 in a'V' pattern. However, if it falls at 45211.0, it is expected to turn to a downtrend. If it turns to a downtrend, it is expected to touch near the 29350.0-33101.0 section and rebound. For more details, if it falls at 45211.0, I'll tell you again. ---------------------------------------------- (BTC Dominance (BTC.D) 1D Chart) It is breaking off the downtrend line (3). Therefore, I think the period before touching the downtrend line (1) is important. I think the coin market is still in the price adjustment zone. It seems that it will have to go through a period of volatility in BTC price to see if it can escape from this price adjustment period. If the volatility period of BTC price starts early, it is expected from around April 25th, and the full-scale volatility period will be around April 28th-May 4th. The next volatility period on the BTC Dominance chart is around May 9. Therefore, I think that it is likely around May 9 that we can see the direction of BTC dominance. -------------------------------------------------- (USDT Dominance (USDT.D) 1D chart) The volatility around April 27th (April 26th-28th) will have to see if there is any movement that deviates from the 2.406-2.842 interval. I think that in order for the coin market to improve, it must be resisted at least 2.541 points below the uptrend line (2). If it rises above 2.842 points, I think the coin market is highly likely to turn into a downtrend. No matter what analysis is used to explain the current market situation, the market trend can improve only when USDT dominance eventually declines. Therefore, if you enter the coin market with a brief rebound in the price adjustment flow, you are likely to suffer double losses. -------------------------------------- It is advisable to trade at your average unit price. This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden. The center of every trade starts with the average unit price you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market or CME and BAKKT exchanges were closed because they are not trading 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
by readCrypto
3
Bitcoin (BTC) - April 24 (Fast Volatility Period 24-26)Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ---------------------------------- (XBTUSD 1D chart) We have to see if we can get support and climb in the 48214.0-50752.0 range. If it falls in the 48214.0-50752.0 range, Stop Loss is required to preserve profit and loss. However, a careful trade is required as you can touch and climb the 45211.5 point. The next volatility period is around April 28th. (1h chart) Check the movement before and after the time indicated on the chart. We have to see if we can get support at 50752.0, deviating from the downtrend line (2) drawn on the D chart. Additionally, it remains to be seen if it can break above the downtrend line (3) drawn on the 1W chart and gain support at 57577.5-59029.0. Finally, in order to continue the uptrend, we need to see if we can break above the short-term downtrend line (1), breaking above the 57577.5-59029.0 interval. If it breaks above the short-term downtrend line (1), it is expected to rise to 60904.0-63442.0 in a'V' pattern. However, if it falls at 45211.0, it is expected to turn to a downtrend. If it turns to a downtrend, it is expected to touch near the 29350.0-33101.0 section and rebound. For more details, if it falls at 45211.0, I will tell you again. ---------------------------------------------- (BTCUSDT 1W chart) In order to continue the uptrend on the 1W chart, the price must remain above the 45135.66 point. In the week of May 3rd, we have to watch for movements that deviate from the 45135.66-57412.35 segment. (1D chart) We have to see if we can get support and climb in the 48199.13-50736.52 section. If it falls in the 48199.13-50736.52 section, a Stop Loss is required to preserve profit and loss. However, you can touch the 45135.66 point and go up, so you need to trade carefully. The next volatility period is around April 28th. ------------------------------------ (BTCKRW 1W chart) If the price remains above the 51798000 point on the 1W chart, it is expected to continue the upward trend. You should watch for any movement that deviates from the 51798000-65800000 section. (1D chart) The volatility around April 25th (April 24-26) will have to watch for movements that deviate from the 51798000-61712000 range. Accordingly, if the period of volatility in BTC price begins quickly, it is likely from around April 25th. In particular, we have to see if we can gain support and ascend in the 56052000-58981000 range. If it falls in the 56052000-58981000 range, Stop Loss is required to preserve profit and loss. However, you need to trade carefully as you can touch and climb 51798000 points. (Upbit BTCKRW 1D chart) ---------------------------------------- (BTC Dominance (BTC.D) 1D Chart) We must see if there is any movement that deviates from the downtrend line (3). If you deviate from the downtrend line (3), it is likely to touch the downtrend line (1). I think this may be a rebound for the sharp decline that began on March 31st. I think the coin market is still in the price adjustment zone. It seems that it will have to go through a period of volatility in the BTC price to see if it can escape from this price adjustment period. If the volatility period of BTC price starts early, it is expected from around April 25th, and the full-scale volatility period will be around April 28th-May 4th. The next volatility period on the BTC Dominance chart is around May 9. Therefore, I think it is likely around May 9 that we can see the direction of BTC dominance. -------------------------------------------------- (USDT Dominance (USDT.D) 1W chart) With a rise above 2.541 points, the coin market has entered a price adjustment period. In order to turn into a full-fledged downtrend, it must rise above 2.842 points and receive support. To expect a decline in USDT dominance, it must fall below the uptrend line (1). (1D chart) If it rises along the M-Signal line of the 1W chart, I think the coin market is likely to turn into a downtrend. So, it remains to be seen if it can drop below the 2.541 point. It remains to be seen on the USDT Dominance Chart if the volatility around April 27 (April 26-28) leads to a movement that deviates from the 2.406-2.842 interval. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
BITMEX:BTCUSD.P
by readCrypto
3
Bitcoin (BTC) - April 23Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ---------------------------------- (BTCUSDT 1W chart) Departing from the steep uptrend line (4), it touched the uptrend line (3). We have to see if we can go up along the uptrend line (3). In order to continue the uptrend on the 1W chart, the price must remain above the 45135.66 point. In the wRSI_SR indicator, the RS line is falling again without breaking above the SR line. In the state of May 3rd, it remains to be seen if the RS line can break above the SR line and rise near the 50 point. On the CCI-RC indicator, the CCI line is falling below the 323.59 point. We have to see if we can go above the 323.59 point again. (1D chart) It fell from the uptrend line (3) and touched the 50736.52 point. It remains to be seen if the move between the 22nd and 24th of April can move up along the uptrend line (3). If it falls in the 48199.13-50736.52 section, a Stop Loss is required to preserve profit and loss. However, you can touch the 45135.66 point and go up, so you need to trade carefully. The next volatility period is around April 28th. ------------------------------------ (XBTUSD 1D chart) It remains to be seen if it can rise along the uptrend line (5) between 22-24 April. If it falls in the 48214.0-50752.0 range, Stop Loss is required to preserve profit and loss. However, a careful trade is required as you can touch the 45211.5 point and climb. The next volatility period is around April 28th. (1h chart) (UTC) Check the movement before and after the time indicated on the chart. It fell from the 52825.0-54962.5 zone, an important support zone. We have to see if we can quickly ascend to the 52825.0-54962.5 section. It is important to break above the 57577.5-59029.0 interval and deviate from the short-term downtrend line (1) in order to continue the uptrend. In particular, it remains to be seen if it can maintain the short-term uptrend by rising above the M-Signal line on the 1D chart. ---------------------------------------------- (BTC Dominance (BTC.D) 1W chart) Altcoin's bull market began as it passed 56.78-63.38, an important section on the BTC dominance chart. You should see if you can touch point 43.17, the point you touched with strange signs. (1D chart) In most cases, the decline in BTC price has led to an increase in BTC dominance, which has shown that the overall coin market flow has turned into a downtrend. However, looking at the current trend, we do not see an increase in BTC dominance. This phenomenon can be interpreted as that funds are not being drained from altcoins. Although the price of each altcoin is showing a lot of decline, it is thought that price adjustment is coming out of the overall flow of the coin market. There are not so many deals that can be made during this price adjustment period. This is because it is a market situation that can lead to losses immediately if a new purchase is made. Therefore, it is necessary to check the situation of the coins in which you are investing and to trade according to your average unit price. The next volatility period on the BTC Dominance chart is around May 9. -------------------------------------------------- (USDT Dominance (USDT.D) 1W chart) With a rise of more than 2.541 points, the coin market has entered a price adjustment period. In order to turn into a full-fledged downtrend, it must rise above 2.842 points and receive support. To expect a decline in USDT dominance, it must fall below the uptrend line (1). (1D chart) If it rises along the M-Signal line of the 1W chart, I think the coin market is highly likely to turn into a downtrend. So, it remains to be seen if it can drop below the 2.541 point. The volatility around April 27th (April 26th-28th) will have to see if there is any movement that deviates from the 2.406-2.842 interval. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
by readCrypto
2
Bitcoin (BTC) - April 22Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ---------------------------------- (XBTUSD 1D chart) It remains to be seen if it can gain support at 54122.5 between April 22-24 and move up along the uptrend line (5). If it falls in the 48214.0-50752.0 range, Stop Loss is required to preserve profit and loss. The next volatility period is around April 28th. It remains to be seen if OBV can turn green on the volume indicator. On the wRSI_SR indicator, it remains to be seen if the RS line rises above 20, indicating a short-term uptrend. On the CCI-RC indicator, we need to see if the CCI line can touch the downtrend line drawn on the chart and rise above 100 points. If the CCI line breaks above 100 points, there may be volatility, so careful trading is necessary. (1h chart) Check the movement before and after the time indicated on the chart. We need to see if we can move up along the uptrend line (5). It is important to break above the short-term downtrend line (1) by breaking above the 57577.5-59029.0 interval in order to continue the uptrend. In particular, it remains to be seen if it can maintain the short-term uptrend by rising above the M-Signal line on the 1D chart. The 52825.0-54962.5 section is an important support section. ---------------------------------------------- (BTCUSDT 1D chart) We need to see if we can move up along the uptrend line (5). To confirm this, we need to check the movement between 22-24 April. The uptrend line (5) is the uptrend line with an important trend on the 1W chart. Accordingly, if it rises along the uptrend line (5), it is expected that it will be able to take an uptrend during the volatility period starting around April 28th. If it falls in the 48199.13-50736.52 section, a Stop Loss is required to preserve profit and loss. ------------------------------------ (BTC Dominance (BTC.D) 1D Chart) We believe it is making the BTC price movement harder to predict by falling along the downtrend line (3) which started on March 31st. In order to continue the upward trend of the coin market, I believe that the BTC price must rise first. Therefore, I think BTC dominance should deviate from the downtrend line (3) and create a new trend. Accordingly, we must watch for a downward movement along the downtrend line (1). We believe that the decline in BTC dominance is likely to lead to an upward trend in altcoins. However, a large decline in BTC dominance can make it more likely that a fake will occur in the flow of BTC price, so trading by predicting the movement of BTC price may result in double losses. Therefore, it is recommended to check the dominance chart (BTC, USDT) together with the BTC price chart. The period of volatility on the BTC price chart is expected to start as early as around April 25th. Full-fledged volatility is expected to come from around April 28th-5th around the 4th. -------------------------------------------------- (USDT Dominance (USDT.D) 1D chart) We have to see if there is any movement outside the box section of 2.088-2.473 due to volatility around April 27th. In particular, it remains to be seen if it can fall below the 2.406 point. To maintain the downward trend of USDT dominance, it must fall below the uptrend line (1). In particular, it remains to be seen if it can move below the downtrend line (3). We believe that the decline in USDT dominance is likely to lead to higher BTC prices and higher coin market prices. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective. GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
BITMEX:BTCUSD.P
by readCrypto
2
Bitcoin (BTC) - April 21Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ---------------------------------- (BTCUSDT 1D chart) We have to see if we can get support at 55811.30 and climb above 58352.80. If it falls in the 48199.13-50736.52 section, a Stop Loss is required to preserve profit and loss. The next volatility period is around April 28th. However, you should check if it is supported by rising to the 57412.35-58968.31 range or higher around April 23rd. If you don't break quickly, you're likely to touch the uptrend line (5) again. ------------------------------------ (XBTUSD 1D chart) We have to see if we can get support at 55828.0 and ascend above 58464.0. If it falls in the 48214.0-50752.0 range, Stop Loss is required to preserve profit and loss. The next volatility period is around April 28th. On the wRSI_SR indicator, it remains to be seen if the RS line rises above 20, indicating a short-term uptrend. On the CCI-RC indicator, we need to see if the CCI line can touch the downtrend line drawn on the chart and rise above 100 points. If the CCI line breaks above 100 points, there may be volatility, so careful trading is necessary. (1h chart) (UTC) Check the movement before and after the time indicated on the chart. It is important to break above the 57577.5-59029.0 interval and deviate from the short-term downtrend line (1) in order to continue the uptrend. In particular, it remains to be seen if it can maintain the short-term uptrend by rising above the M-Signal line on the 1D chart. To do this, we have to see if we can move up along the uptrend line (7). The 52825.0-54962.5 section is an important support section. ---------------------------------------------- (BTC Dominance (BTC.D) 1W chart) It remains to be seen if it can decline along the short-term downtrend line (3). We believe that the decline in BTC dominance is likely to lead to an upward trend in altcoins. However, a large decline in BTC dominance can make it more likely that a fake will occur in the flow of BTC price, so trading by predicting the movement of BTC price may result in double losses. Therefore, it is recommended to check the dominance chart (BTC, USDT) together with the BTC price chart. The period of volatility on the BTC price chart is expected to start as early as around April 25th. Full-fledged volatility is expected to come from around April 28th-5th around the 4th. -------------------------------------------------- (USDT Dominance (USDT.D) 1D chart) We must see if there is any movement outside the box section 2.088-2.473 due to volatility around April 27th. In particular, it remains to be seen if it can fall below the 2.406 point. In order to maintain the downtrend of USDT dominance, it must fall below the uptrend line (1). In particular, we have to see if we can move below the downtrend line (3). We believe that the decline in USDT dominance is likely to lead to an increase in the BTC price and the price of the coin market. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
by readCrypto
2
Bitcoin (BTC) - April 20Good morning? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ---------------------------------- (XBTUSD 1D chart) We have to see if we can get support at 55828.0 and ascend above 58464.0. If it falls in the 48214.0-50752.0 range, Stop Loss is required to preserve profit and loss. The next volatility period is around April 28th. On the wRSI_SR indicator, it remains to be seen if the RS line rises above 20, indicating a short-term uptrend. On the CCI-RC indicator, we need to see if the CCI line can touch the downtrend line drawn on the chart and rise above 100 points. If the CCI line breaks above 100 points, there may be volatility, so careful trading is necessary. (1h chart) Check the movement before and after the time indicated on the chart. It is important to break above the 57577.5-59029.0 interval and deviate from the short-term downtrend line (1) in order to continue the uptrend. In particular, it remains to be seen if it can maintain the short-term uptrend by rising above the M-Signal line on the 1D chart. To do this, you must first break off the downtrend line (2) and gain support and rise at 55828.0. The 52825.0-54962.5 section is an important support section. ---------------------------------------------- (BTCUSDT 1D chart) We have to see if we can get support at 55811.30 and climb above 58352.80. If it falls in the 48199.13-50736.52 section, a Stop Loss is required to preserve profit and loss. The next volatility period is around April 28th. ------------------------------------ (BTC Dominance (BTC.D) 1W chart) We'll see if we can get resistance at 53.20 and move down. Also, we need to see if it can decline along the short-term downtrend line (3). We'll have to see what's going on with the volatility around April 19th (April 18-20). We believe that the decline in BTC dominance is likely to lead to an upward trend in altcoins. However, a large decline in BTC dominance can make it more likely that a fake will occur in the flow of BTC price, so trading by predicting the movement of BTC price may result in double losses. Therefore, it is recommended to check the dominance chart (BTC, USDT) together with the BTC price chart. Altcoins are showing strong strength despite the weak BTC price. Currently, the prices of most altcoins are under a downward correction, but they are still bullish. This situation is contrary to the situation of altcoins, which weakened despite the strong BTC price last year. The flow of the coin market is changing rapidly. Accordingly, it seems unreasonable to try to apply the patterns of the past to the current flow. The period of volatility on the BTC price chart is expected to start as early as around April 25th. Full-fledged volatility is expected to come from around April 28th-5th around the 4th. -------------------------------------------------- (USDT Dominance (USDT.D) 1D chart) It remains to be seen if the volatility around April 27 leads to a movement that deviates from the 2.088-2.473 range. In particular, it remains to be seen if it can decline along the downtrend line (3). We believe that the decline in USDT dominance is likely to lead to an increase in the BTC price and the price of the coin market. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Market price at the time of opening (Example) Gap (G1-G2)
BITMEX:BTCUSD.P
by readCrypto
2
Bitcoin (BTC) - April 19Good morning? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ---------------------------------- (BTCUSDT 1W chart) Please refer to the description of the XBTUSD chart. (1D chart) Touched near the 50736.52 point and climbed above the 55811.30 point. We have to see if we can get support at 55811.30 and climb above 58352.80. If it falls in the 48199.13-50736.52 section, a Stop Loss is required to preserve profit and loss. The next volatility period is around April 28th. The decline, which started on April 14th, has been down by up to -21% or more so far. I don't think this decline has affected the overall trend of the coin market. I don't think there is a need to find out for what reason this decline was seen. I think it is efficient to understand the movement of your coins in the current situation and consider what kind of countermeasure trading to do. It's a good idea to look at how much resilience compared to other coins the price rises from a sharp decline. The slow resilience of the price is because the period of rise compared to other coins may be delayed, so trading on it must choose a direction. It is good to decide the investment direction and continue investing according to the trend of the coin market. However, if I do not trade according to the average unit price of the coin I am investing in, I will not be able to continue trading properly due to the psychological burden. Therefore, it is necessary to always think about how to lower the average unit price of the coins you are investing in and trade in response to this. ------------------------------------ (XBTUSD 1W chart) Departing from the uptrend line (4), you touched the uptrend line (3). We should see if the week of May 3 is rising along the uptrend line (3). If the price remains above the 45211.0 point, BTC is expected to continue its upward trend. Therefore, if it falls from 45211.0, I think there is a high possibility that it will turn into a downtrend. If it moves downward from 45211.0 and turns to a downtrend, it is expected to gain support and rebound in the first rebound period, 29350.0-33101.0. If this rebound does not lead to an increase above the 45211.0 point, it is expected to continue the downward trend. (1D chart) We have to see if we can get support at 55828.0 and ascend above 58464.0. If it falls in the 48214.0-50752.0 range, Stop Loss is required to preserve profit and loss. The next volatility period is around April 28th. On the wRSI_SR indicator, it remains to be seen if the RS line rises above 20, indicating a short-term uptrend. Volatility occurred as the CCI line fell below 100 points on the CCI-RC indicator. You need to see if the CCI line can touch the downtrend line drawn on the chart and rise above 100 points. If the CCI line breaks above 100 points, there may be volatility, so careful trading is necessary. ---------------------------------------------- (BTC Dominance (BTC.D) 1W chart) We have to see if we can get resistance at 53.20 and move down. Also, we need to see if it can decline along the short-term downtrend line (3). We'll have to see what's going on with the volatility around April 19th (April 18-20). We believe that the decline in BTC dominance is likely to lead to an upward trend in altcoins. However, a large decline in BTC dominance can make it more likely that a fake will occur in the flow of BTC price, so trading by predicting the movement of BTC price may result in double losses. Therefore, it is recommended to check the dominance chart (BTC, USDT) together with the BTC price chart. -------------------------------------------------- (USDT Dominance (USDT.D) 1D chart) It remains to be seen if the volatility around April 27 leads to a movement that deviates from the 2.088-2.473 range. In particular, it remains to be seen if it can decline along the downtrend line (3). We believe that the decline in USDT dominance is likely to lead to an increase in the BTC price and the price of the coin market. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
by readCrypto
2
Bitcoin (BTC) - April 18Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ---------------------------------- (XBTUSD 1D chart) We must see if we can quickly climb to the 60904.0-63442.0 range. We need to see if we can store the force to move towards the 71056.0 point by going sideways in the 60904.0-63442.0 section. If you fall from 58464.0, you need a short stop loss. However, you can touch the 55828.0 point and go up, so you need to trade carefully. If it falls in the 48214.0-50752.0 range, Stop Loss is required to preserve profit and loss. The next volatility period is around April 28th. The movement in BTC price is likely to be a tedious move until there is a move where the BTC price falls below the 58464.0 point or rises above the 63442.0 point. ---------------------------------------------- (BTCUSDT 1D chart) We'll have to see if we can quickly climb the 60886.07-63423.46 range. If you move down from 58352.80, you need a short stop loss. However, you can touch the 55811.30 point and go up, so you need to trade carefully. If it falls in the 48199.13-50736.52 section, a Stop Loss is required to preserve profit and loss. It remains to be seen if the center line can rise as the green of OBV on the volume indicator increases. On the wRSI_SR indicator, the RS line fell below 80 points, showing a short-term downtrend. When you see this short-term downtrend, you need to see where you are getting support. In the CCI-RC indicator, it remains to be seen whether the CCI line can break above the EMA line. If the CCI line falls below 100 points, volatility may occur, so careful trading is necessary. The next volatility period is around April 28th. ------------------------------------ (BTC Dominance (BTC.D) 1W chart) We'll see if we can get resistance at 53.20 and move down. Also, we need to see if it can decline along the short-term downtrend line (3). Volatility around April 19 may result in a movement above the short-term downtrend line (3), so careful trading is necessary. If it rises to the important section of 56.78-63.38, I think the coin market is highly likely to turn into a downtrend. However, I think the bullish market for altcoins is when BTC dominance is located below 63.38 points. Accordingly, it is always a good idea to check if you are climbing above the 63.38 point. We believe that the decline in BTC dominance is likely to lead to an upward trend in altcoins. However, a large decline in BTC dominance can make it more likely that a fake will occur in the flow of BTC price, so trading by predicting the movement of BTC price may result in double losses. Therefore, it is recommended to check the dominance chart (BTC, USDT) together with the BTC price chart. -------------------------------------------------- (USDT Dominance (USDT.D) 1D chart) Due to volatility around April 16 (April 15-17), it rose more than 2.181 points. It remains to be seen if the volatility around April 27 leads to a movement that deviates from the 2.088-2.473 range. In particular, it remains to be seen if it can decline along the downtrend line (3). We believe that the decline in USDT dominance is likely to lead to an increase in BTC price and coin market. Currently, USDT dominance is moving sideways between 2.088-2.473. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
BITMEX:BTCUSD.P
by readCrypto
3
Bitcoin (BTC) - April 14Good morning? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ---------------------------------- It remains to be seen if the XBTUSD chart (60904.0-63442.0) and the BTCUSDT chart (60886.07-63423.46) can gain support and rise. I think the trading volume needs to increase in order for BTC price to gain support above XBTUSD chart (60904.0 point), BTCUSDT chart (60886.07 point) and above. Accordingly, BTC dominance is expected to rise, so altcoins' prices may move sideways or fall. I think it is good to check the support and resistance points of the altcoins you have. If supported in the current section, it is expected to lead to a movement to create a new wave. Therefore, if the XBTUSD chart (63442.0 points) and BTCUSDT chart (63423.46 points) break upward and rise, it is expected to touch the XBTUSD chart (71056.0 points) and the BTCUSDT chart (71035.63 points). -------------------------------------------------- ----- (XBTUSD 1D chart) We need to see if we can get support at 60904.0-63442.0 and move up along the uptrend line (7). If you decline at 57577.5, you need a short stop loss. However, you can touch the 55828.0 point and go up, so you need to trade carefully. In the CCI-RC indicator, it remains to be seen whether the CCI line can break above the EMA line and continue the uptrend. If the CCI line and EMA line intersect, volatility may occur, so careful trading is required. The next volatility period is around April 28th. (1h chart) (UTC) Check the movement before and after the time indicated on the chart. ---------------------------------------------- (BTCUSDT 1D chart) We have to see if we can get support and climb in the 60886.07-63423.46 section. If you decline at 57412.35, you need a short stop loss. However, you can touch the 55811.30 point and go up, so you need to trade carefully. The next volatility period is around April 28th. ------------------------------------ (BTC Dominance (BTC.D) 1D Chart) It remains to be seen if the volatility around April 13th (April 12-14) leads to a movement that deviates from the 54.97-56.78 range. I think the bull market for altcoins is when BTC dominance is below 63.38 points. Accordingly, it is always a good idea to check if you are climbing above the 63.38 point. -------------------------------------------------- (USDT Dominance (USDT.D) 1D chart) You should watch for any movement that deviates from the 2.088-2.473 segment. The next volatility period is around April 16th. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
BITMEX:BTCUSD.P
by readCrypto
Bitcoin (BTC) - April 13Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ---------------------------------- It remains to be seen if it can rise above the XBTUSD chart (60904.0 point) and the BTCUSDT chart (60886.07 point) to gain support. If it doesn't rise, there is a possibility that it will move sideways until around April 28th. I think that the section of this sideways movement is likely to be the XBTUSD chart (57577.5-60904.0 section) and the BTCUSDT chart (57412.35-60886.07 section). However, it may fall along the downtrend line, so you need to trade carefully. If it does not fall below the downtrend line and falls along the trend line, it is expected to lead to an uptrend. In order for BTC price to gain support above the XBTUSD chart (60904.0 point), BTCUSDT chart (60886.07 point) and above, it is thought that the trading volume needs to be increased. As a result, BTC dominance is expected to rise, so altcoins' prices may move sideways or fall. I think it is good to check the support and resistance points of the altcoins you have. We have to see if there can be any movement to create a new wave. -------------------------------------------------- ----- (BTCUSDT 1D chart) If you look at the chart a bit larger, you can say that 50736.52-60886.07 is a sideways section. Among those sideways, it is currently running sideways in the 55811.30-60886.07 section. In order to climb above the 60886.07 point, we must continue to move sideways in the 58352.80-60886.07 section and see if we can make a breakthrough attempt. As the sideways section gradually narrows, the lows are rising. We'll have to see if we can ascend this time in the 58352.80-60886.07 range, stocking up and dissipating the last force. I think it is necessary to increase the trading volume in order to rise above the 60886.07 point. It remains to be seen if the center line can rise as the green of OBV in the volume indicator increases. If you fall in the 558811.30 section, you will need a short stop loss. However, you need to trade carefully as you can go up by touching the 48199.13-50736.52 section or the uptrend line (5). If it does not fall below the downtrend line (7) and falls along the trend line, it is highly likely to lead to an uptrend. The next volatility period is around April 28th. ------------------------------------ (XBTUSD 1D chart) You should watch for any movement that deviates from the 58282.0-60904.0 segment. In particular, we have to see if we can keep the price above the downtrend line (7). If it falls in the 55828.0 section, a short Stop Loss is required. However, you need to trade carefully as you can move up after touching the 48214.0-50752.0 section or the uptrend line (5). ---------------------------------------------- (BTC Dominance (BTC.D) 1D Chart) It remains to be seen if the volatility around April 13th (April 12-14) leads to a movement that deviates from 54.97-56.78. I think the bull market for altcoins is when BTC dominance is below 63.38 points. Accordingly, it is always a good idea to check if you are climbing above the 63.38 point. If you predict the movement of BTC price and proceed with predictive trading for altcoins, there is a possibility of double loss. Therefore, I think it is better to trade while checking the movement of the dominance chart (BTC, USDT) rather than the movement of the BTC price. -------------------------------------------------- (USDT Dominance (USDT.D) 1D chart) You should watch for any movement that deviates from the 2.088-2.473 segment. We need to see if we can get resistance at the uptrend line (4) and move below the 2.181 point. The next volatility period is around April 16th. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective. GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
by readCrypto
Bitcoin (BTC) - April 12Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ---------------------------------- The volatility period has ended. However, there was no movement in the expected section. Accordingly, there is a possibility of a sideways movement until around April 28th. I think that the section of this sideways movement is likely to be the XBTUSD chart (57577.5-60904.0 section) and the BTCUSDT chart (57412.35-60886.07 section). However, it may fall along the downtrend line, so you need to trade carefully. If it does not fall below the downtrend line and falls along the trend line, it is expected to lead to an uptrend. -------------------------------------------------- ----- (XBTUSD 1W chart) It remains to be seen if we can gain support and continue the uptrend between 57577.5-58464.0. You need to watch the movement as a steep rise could change the uptrend line. It remains to be seen whether the green increase of OBV in the volume indicator and the upward trend of the center line can continue. On the wRSI_SR indicator, we have to see if the RS line can rise above the SR line by more than 50 points. We have to see if we can continue the upward flow. It remains to be seen whether the CCI line could turn upward on the CCI-RC indicator. If the CCI line and EMA line intersect, volatility may occur, so careful trading is necessary. The 45211.0 and 29350.0-33101.0 intervals are important inflection intervals. Therefore, if you go through this interval, there is a high possibility of volatility. (1D chart) During the period of volatility, it rose above the 60904.0 point and fell without support. It is expected that a retry to rise above the 60904.0 point will come in the near future. To do that, you need to be supported at 58464.0 or higher. If it falls below the downtrend line (7), It touched above the 60904.0 point, but fell without receiving support. However, it makes sense that it is off the short-term downtrend line. If you get support above the 58464.0 point, we're expecting an attempt to climb above the 60904.0 point in the near future. If it falls, we need to touch the short-term downtrend line and see if it can rise. If it falls in the 55828.0 section, a short Stop Loss is required. However, you need to trade carefully as you can move up after touching the 48214.0-50752.0 section or the uptrend line (1). If it falls from the 45211.0 point, a Stop Loss is required to preserve profit and loss. However, you need to trade carefully as you can touch the uptrend line (8) and rebound. ---------------------------------------------- (BTCUSDT 1W chart) If it gains support in the 57412.35-58352.80 range, the uptrend is expected to continue. However, it is possible to move up by changing the uptrend line, so you need to watch the movement. If you go down at 45135.66, there is a high probability of a downtrend and you need to trade carefully. (1D chart) Attempts were made to break above the 60886.07 point, but fell without receiving support. Accordingly, it is expected that there will be a retry in the near future. I think it is necessary to increase the trading volume to rise above 60886.07. It remains to be seen if the center line can rise as the green of OBV in the volume indicator increases. If you fall in the 558811.30 section, you will need a short stop loss. However, you need to trade carefully as you can go up by touching the 48199.13-50736.52 section or the uptrend line (5). If it does not fall below the downtrend line (7) and falls along the trend line, it is highly likely to lead to an uptrend. The next volatility period is around April 28th. ------------------------------------ (BTC Dominance (BTC.D) 1D Chart) It remains to be seen if the volatility around April 13th (April 12-14) leads to a movement that deviates from the 54.97-56.78 range. I think the bull market for altcoins is when BTC dominance is below 63.38 points. Accordingly, it is always a good idea to check if you are climbing above the 63.38 point. -------------------------------------------------- (USDT Dominance (USDT.D) 1D chart) You should watch for any movement that deviates from the 2.088-2.473 segment. We need to see if we can get resistance at the uptrend line (4) and move below the 2.181 point. The next volatility period is around April 16th. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
BITMEX:BTCUSD.P
by readCrypto
3
Bitcoin (BTC) - April 11 (volatility period-last day)Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also ask for the "Like" clock. Have a good day. ---------------------------------- The volatility period began around March 24 (March 23-25). This volatility period can last up to around April 3-10. This volatility period is expected to end as it deviates from the BTCUSDT chart (between 48199.13-50736.52 or 60886.07-63423.46) and the XBTUSD chart (between 48214.0-50752.0 or 60904.0-63442.0). It is the last day of the volatility period of BTC. Accordingly, we have to watch to see if we can touch the section described above. You have to watch the market situation until the closing price on April 11th. -------------------------------------------------- ----- (BTCUSDT 1D chart) We need to see if we can get support from 58352.80-58968.31 and climb above 60886.07 If it falls, we need to touch the short-term downtrend line and see if it can rise. If you fall in the 558811.30 section, you will need a short stop loss. However, you need to trade carefully as you can go up by touching the 48199.13-50736.52 section or the uptrend line (5). If it declines at 48199.13, you need a Stop Loss to preserve profit or loss. However, you need to trade carefully as you may touch the uptrend line and rebound. It remains to be seen if the center line can rise as the green of OBV on the volume indicator increases. It is expected that it will rise above the 60886.07 point only after it breaks through the decline in trading volume. On the wRSI_SR indicator, before the RS line fell below 20, it changed direction and rose more than 50. It remains to be seen if this could lead to a rise in BTC prices. On the CCI-RC indicator, the CCI line is still in a precarious position. If the CCI line falls below 100 points, or if it breaks above the EMA line, volatility can arise and you need to trade carefully. ------------------------------------ (XBTUSD 1D chart) It touched above the 60904.0 point, but fell without receiving support. However, it makes sense that it is off the short-term downtrend line. If you get support above the 58464.0 point, we're expecting an attempt to climb above the 60904.0 point in the near future. If it falls, we need to touch the short-term downtrend line and see if it can rise. If it falls in the 55828.0 section, a short Stop Loss is required. However, you need to trade carefully as you can move up after touching the 48214.0-50752.0 section or the uptrend line (1). If it falls from the 45211.0 point, a Stop Loss is required to preserve profit and loss. However, you need to trade carefully as you can touch the uptrend line (8) and rebound. ---------------------------------------------- (BTC Dominance (BTC.D) 1D Chart) You should watch for any movement that deviates from the 54.97-56.78 segment. I think the bull market for altcoins is when BTC dominance is below 63.38 points. Accordingly, it is always a good idea to check if you are climbing above the 63.38 point. The next volatility period is around April 13th. -------------------------------------------------- (USDT Dominance (USDT.D) 1D chart) You should watch for any movement that deviates from the 2.088-2.473 segment. In particular, we have to see if we can get resistance and fall at the uptrend line (4). The next volatility period is around April 16th. Although it is moving sideways between 2.088-2.473, the low is rising. Therefore, it is important to get resistance by falling below the 2.181 point. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective. GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
by readCrypto
3
Bitcoin (BTC) - April 10 (Variability Period-19)Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also ask for the "Like" clock. Have a good day. ---------------------------------- The volatility period began around March 24 (March 23-25). This volatility period can last up to around April 3-10. This volatility period is expected to end as it deviates from the BTCUSDT chart (between 48199.13-50736.52 or 60886.07-63423.46) and the XBTUSD chart (between 48214.0-50752.0 or 60904.0-63442.0). The end of the volatility period for BTC is approaching. Accordingly, we have to watch to see if we can touch the section described above. You have to watch the market situation until the closing price on April 11th. -------------------------------------------------- ----- (XBTUSD 1D chart) It remains to be seen if it can break above the downtrend line and rise above the 59029.0 point. In particular, you need to make sure you can get support above the previous high of 58464.0 on the 1M chart. If it falls, you need to make sure you get support at 57577.5. If it falls in the 55828.0 section, a short Stop Loss is required. However, you need to trade carefully as you can move up after touching the 48214.0-50752.0 section or the uptrend line (1). If it falls from the 45211.0 point, a Stop Loss is required to preserve profit and loss. However, you need to trade carefully as you can touch the uptrend line (8) and rebound. ---------------------------------------------- (BTCUSDT 1D chart) It remains to be seen if it can break above the downtrend line and rise above the 58968.31 point. In particular, you need to make sure you can get support above the previous high of the 1M chart, at 58352.80. If it falls, we need to make sure it is supported at 57412.35. If you fall in the 558811.30 section, you will need a short stop loss. However, you need to trade carefully as you can go up by touching the 48199.13-50736.52 section or the uptrend line (5). If it declines at 48199.13, you need a Stop Loss to preserve profit or loss. However, you need to trade carefully as you may touch the uptrend line and rebound. ------------------------------------ (BTC Dominance (BTC.D) 1D Chart) We have to see if we can get resistance at the critical point, 56.78. In particular, it remains to be seen if it can fall below the downtrend line (2). I think the bull market for altcoins is when BTC dominance is below 63.38 points. Accordingly, it is always a good idea to check if you are climbing above the 63.38 point. The next volatility period is around April 13th. -------------------------------------------------- (USDT Dominance (USDT.D) 1D chart) You should watch for any movement that deviates from the 2.088-2.473 segment. In particular, it remains to be seen if it can fall below the uptrend line (4). The next volatility period is around April 16th. Although it is moving sideways between 2.088-2.473, the low is rising. Therefore, it is important to get resistance by falling below the 2.181 point. The rise of USDT dominance can lead to downward trend of BTC price and coin market. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective. GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
BITMEX:BTCUSD.P
by readCrypto
Bitcoin (BTC) - April 9 (Variability Period-18)Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also ask for the "Like" clock. Have a good day. ---------------------------------- The volatility period began around March 24 (March 23-25). This volatility period can last up to around April 3-10. This volatility period is expected to end as it deviates from the BTCUSDT chart (between 48199.13-50736.52 or 60886.07-63423.46) and the XBTUSD chart (between 48214.0-50752.0 or 60904.0-63442.0). The end of the period of volatility for BTC is approaching. Accordingly, we have to watch to see if we can touch the section described above. -------------------------------------------------- ----- (BTCUSDT 1D chart) It remains to be seen if it can break above the downtrend line and rise above the 58968.31 point. Specifically, you need to make sure you can get support above the previous high of the 1M chart, 58352.80. If it falls, we need to make sure it is supported at 57412.35. If you fall in the 558811.30 section, you will need a short stop loss. However, you need to trade carefully as you can go up by touching the 48199.13-50736.52 section or the uptrend line (5). If it declines at 48199.13, you need a Stop Loss to preserve profit or loss. However, you need to trade carefully as you may touch the uptrend line and rebound. It remains to be seen if the center line can rise as the green of OBV on the volume indicator increases. I think a lot of trading volume is needed to rise above the 60886.07 point. If the green of the OBV increases, it means that the buying force is increasing. ------------------------------------ (XBTUSD 1D chart) It remains to be seen if it can break above the downtrend line and rise above the 59029.0 point. In particular, you need to make sure you can get support above the previous high of 58464.0 on the 1M chart. If it falls, you need to make sure you get support at 57577.5. If it falls in the 55828.0 section, a short Stop Loss is required. However, you need to trade carefully as you can move up after touching the 48214.0-50752.0 section or the uptrend line (1). If it falls from the 45211.0 point, a Stop Loss is required to preserve profit and loss. However, you need to trade carefully as you can touch the uptrend line (8) and rebound. It remains to be seen if the green of the OBV in the volume indicator can increase. On the wRSI_SR indicator, the RS line is falling at the 50 point. When you see this short-term downtrend, you need to see where you're getting support. In the CCI-RC indicator, it remains to be seen if the CCI line can break above the EMA line and continue the upward trend. If the CCI line crosses the EMA line, there may be volatility, so careful trading is necessary. ---------------------------------------------- (BTC Dominance (BTC.D) 1D Chart) We have to see if we can get resistance at the critical point, 56.78. I think the bull market for altcoins is when BTC dominance is below 63.38 points. Accordingly, it is always a good idea to check if you are climbing above the 63.38 point. The next volatility period is around April 13th. -------------------------------------------------- (USDT Dominance (USDT.D) 1D chart) You should watch for any movement that deviates from the 2.088-2.473 segment. In particular, it remains to be seen if it can fall below the uptrend line (4). The next volatility period is around April 16th. Although it is moving sideways between 2.088-2.473, the low is rising. Therefore, it is important to get resistance by falling below the 2.181 point. The rise of USDT dominance can lead to downward trend of BTC price and coin market. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
by readCrypto
Bitcoin (BTC)-April 8 (Variability Period-17)Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also ask for the "Like" clock. Have a nice day. ---------------------------------- The volatility period began around March 24 (March 23-25). This volatility period can last up to around April 3-10. This volatility period is expected to end as it deviates from the BTCUSDT chart (between 48199.13-50736.52 or 60886.07-63423.46) and the XBTUSD chart (between 48214.0-50752.0 or 60904.0-63442.0). The end of the period of volatility for BTC is approaching. Accordingly, we have to watch to see if we can touch the section described above. -------------------------------------------------- ----- (XBTUSD 1D chart) We need to get support at 55828.0 and see if there is any movement outside the downtrend line. If it falls in the 55828.0 section, a short Stop Loss is required. However, you need to trade carefully as you can move up after touching the 48214.0-50752.0 section or the uptrend line (1). If it falls from the 45211.0 point, a Stop Loss is required to preserve profit and loss. However, you need to trade carefully as you can touch the uptrend line (8) and rebound. It remains to be seen if the green of the OBV in the volume indicator can increase. On the wRSI_SR indicator, the RS line is falling at the 50 point. When you see this short-term downtrend, you need to see where you're getting support. If the CCI line falls below 100 points on the CCI-RC indicator, volatility may occur, so careful trading is necessary. We must touch the uptrend and downtrend lines drawn on the CCI-RC indicator and see if we can rise above the EMA line and continue the uptrend. ---------------------------------------------- (BTCUSDT 1D chart) We need to get support at 558811.30 and see if there's any movement outside the downtrend line. If you fall in the 558811.30 section, you will need a short stop loss. However, you need to trade carefully as you can go up by touching the 48199.13-50736.52 section or the uptrend line (5). If it declines at 48199.13, you need a Stop Loss to preserve profit or loss. However, you need to trade carefully as you may touch the uptrend line and rebound. ------------------------------------ (BTC Dominance (BTC.D) 1D Chart) It remains to be seen if it can move below the critical point of 56.78. I think the bull market for altcoins is when BTC dominance is below 63.38 points. Accordingly, it is always a good idea to check if you are climbing above the 63.38 point. The next volatility period is around April 13th. If you look at the BTC Dominance 1W chart, () Attempts are being made to get out of the 56.78-68.72 section where BTC dominance is important. It remains to be seen how far we will get towards the point 43.17, a point that was caused by a strange symptom that occurred on October 31, 2020. If BTC dominance falls, if you predict the movement of BTC price and proceed with the transaction, you may suffer double losses, so careful trading is necessary. It is advisable to refer to the USDT dominance to see the trend of the coin market and the movement of the BTC price. Also, it is advisable to refer to BTC Dominance to check the trend of altcoins. -------------------------------------------------- (USDT Dominance (USDT.D) 1D chart) If you remove the gap section from the chart and look at it, you can see that the USDT dominance is located in the 1.266-1.654 section, which is an important section. As much as the 1.266-1.654 section, if you move to the current candle position, it appears to be about 2.088-2.473 section. Accordingly, we have to watch for any movement that deviates from the 2.088-2.473 section. The next volatility period is around April 16th. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator published by oh92. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not trading 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
BITMEX:BTCUSD.P
by readCrypto
3
Bitcoin (BTC) - April 7 (Variability Period-16)Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also ask for the "Like" clock. Have a nice day. ---------------------------------- The volatility period began around March 24 (March 23-25). This volatility period can last up to around April 3-10. This volatility period is expected to end as it deviates from the BTCUSDT chart (between 48199.13-50736.52 and 60886.07-63423.46) and the XBTUSD chart (between 48214.0-50752.0 and 60904.0-63442.0). If you look at the BTC Dominance 1W chart, () Attempts are being made to get out of the 56.78-68.72 section where BTC dominance is important. It remains to be seen how far we will get towards the point 43.17, a point that was caused by a strange symptom that occurred on October 31, 2020. If BTC dominance falls, if you predict the movement of BTC price and proceed with the transaction, you may suffer double losses, so careful trading is necessary. It is advisable to refer to the USDT dominance to see the trend of the coin market and the movement of the BTC price. Also, it is advisable to refer to BTC Dominance to check the trend of altcoins. -------------------------------------------------- ----- (BTCUSDT 1D chart) It remains to be seen if it can break off the downtrend line and rise to the 58968.31 point. If it falls, you need to make sure you get support at 55811.30. If you fall in the 558811.30 section, you will need a short stop loss. However, you need to trade carefully as you can go up by touching the 48199.13-50736.52 section or the uptrend line (5). If it declines at 48199.13, you need a Stop Loss to preserve profit or loss. However, you need to trade carefully as you may touch the uptrend line and rebound. It remains to be seen if the center line can rise as the green of OBV on the volume indicator increases. ------------------------------------ (XBTUSD 1D chart) We have to see if we can move above the 59029.0 point as we break off the downtrend line. If it falls, you need to make sure you get support at 55828.0. If it falls in the 55828.0 section, a short Stop Loss is required. However, you need to trade carefully as you can move up after touching the 48214.0-50752.0 section or the uptrend line (1). If it falls from the 45211.0 point, a Stop Loss is required to preserve profit and loss. However, you need to trade carefully as you can touch the uptrend line (8) and rebound. If the CCI line falls below 100 points on the CCI-RC indicator, volatility may occur, so careful trading is necessary. We must touch the uptrend and downtrend lines drawn on the CCI-RC indicator and see if we can rise above the EMA line and continue the uptrend. ---------------------------------------------- (BTC Dominance (BTC.D) 1D Chart) We must see if we can get resistance at 56.78 and move below the downtrend line (2). I think the bull market for altcoins is when BTC dominance is below 63.38 points. Accordingly, it is always a good idea to check if you are climbing above the 63.38 point. It remains to be seen if the volatility around April 6th (April 5-7) causes any movement that deviates from the 56.78-59.55 range. The next volatility period is around April 13th. -------------------------------------------------- (USDT Dominance (USDT.D) 1D chart) We must see if we can get resistance at the uptrend line (4) and move below the 2.181 point. If it falls below the 2.088 point, the coin market is expected to have a new wave. The next volatility period is around April 16th. If you remove the gap section from the chart and look at it, you can see that the USDT dominance is located in the 1.266-1.654 section, which is an important section. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Market price at the time of opening (Example) Gap (G1-G2)
by readCrypto
1
Bitcoin (BTC) - April 6 (Variability Period-15)Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also ask for the "Like" clock. Have a nice day. ---------------------------------- The volatility period began around March 24 (March 23-25). This volatility period can last up to around April 3-10. This volatility period is expected to end as it deviates from the BTCUSDT chart (between 48199.13-50736.52 and 60886.07-63423.46) and the XBTUSD chart (between 48214.0-50752.0 and 60904.0-63442.0). If you look at the BTC Dominance 1W chart, () Attempts are being made to get out of the 56.78-68.72 section where BTC dominance is important. It remains to be seen how far we will get towards the point 43.17, a point that was caused by a strange symptom that occurred on October 31, 2020. If BTC dominance falls, if you predict the movement of BTC price and proceed with the transaction, you may suffer double losses, so careful trading is necessary. It is advisable to refer to the USDT dominance to see the trend of the coin market and the movement of the BTC price. Also, it is recommended to refer to BTC Dominance to check the trend of altcoins. -------------------------------------------------- ----- (XBTUSD 1D chart) It remains to be seen if it can move above the 59029.0 point as it breaks off the downtrend line. If it falls, you need to make sure you get support at 55828.0. If it falls in the 55828.0 section, a short Stop Loss is required. However, you need to trade carefully as you can move up after touching the 48214.0-50752.0 section or the uptrend line (1). If it falls at 48214.0, you need a Stop Loss to preserve profit or loss. However, you need to trade carefully as you can touch the uptrend line (8) and rebound. (1W chart) (UTC) Check the movement before and after the time indicated on the chart. To rise above the 60904.0 point, we have to see if we can keep the price above the downtrend line. The M-Signal line on the 1D chart is rising to near the previous high of 54577.5 on the 1M chart. If the price is maintained above the M-Signal line on the 1D chart, the short-term uptrend is expected to continue. ---------------------------------------------- (BTCUSDT 1D chart) In particular, it remains to be seen if it can break off the downtrend line and rise to the 58968.31 point. If it goes down, you need to make sure you get support at 55811.30. If you fall in the 558811.30 section, you will need a short stop loss. However, you need to trade carefully as you can go up by touching the 48199.13-50736.52 section or the uptrend line (5). If it falls at 48199.13, you need Stop Loss to preserve your profit and loss. However, you need to trade carefully as you may touch the uptrend line and rebound. ------------------------------------ (BTC Dominance (BTC.D) 1D Chart) We have to see if we can get below 56.78 points. I think the bull market for altcoins is when BTC dominance is below 63.38 points. Therefore, it is always a good idea to check if you are climbing above the 63.38 point. It remains to be seen if the volatility around April 6th (April 5-7) causes any movement that deviates from the 56.78-59.55 range. -------------------------------------------------- (USDT Dominance (USDT.D) 1D chart) We'll see if we can get resistance at the uptrend line (4) and drop below the 2.181 point. If it falls below the 2.088 point, the coin market is expected to have a new wave. The next volatility period is around April 16th. If you remove the gap section from the chart and look at it, you can see that the USDT dominance is located in the 1.266-1.654 section, which is an important section. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
BITMEX:BTCUSD.P
by readCrypto
1
Bitcoin (BTC)-April 5 (Variability Period-14)Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also ask for the "Like" clock. Have a nice day. ---------------------------------- The volatility period began around March 24 (March 23-25). This volatility period can last up to around April 3-10. This volatility period is expected to end as it deviates from the BTCUSDT chart (between 48199.13-50736.52 and 60886.07-63423.46) and the XBTUSD chart (between 48214.0-50752.0 and 60904.0-63442.0). It is necessary to check the support and resistance points of altcoins, and trade corresponding to the target point or Stop Loss point set by you. When the BTC price goes sideways, we have to see how much the coin's price recovers. If you trade only by looking at the movement of the BTC price, you will see double losses. Accordingly, it is necessary to check the trend of the coin market with the movement of the USDT dominance chart, and the trend of the altcoins with the movement of the BTC dominance chart. -------------------------------------------------- ----- (BTCUSDT 1W chart) We'll have to see if it can close above the 58352.80 point. The 58352.80 point is the previous high on the 1M chart. In particular, it remains to be seen if it can rise along the uptrend line. If it falls, you can touch the 45135.66 point, so you need to trade carefully. (1D chart) We have to see if we can quickly ascend to the 58968.31 point. If it falls, you need to make sure you get support at 55811.30. If you fall between 54087.67-558811.30, you need a short stop loss. However, you need to trade carefully as you can go up by touching the 48199.13-50736.52 section or the uptrend line (5). If it falls from the 4.586.96 point, a Stop Loss is needed to preserve the profit and loss. It remains to be seen if the red of OBV on the volume indicator turns green and can increase. Also, we need to see if the center line can rise as the green of the OBV increases. If the center line rises as the red of the OBV increases, the BTC price will plummet, so careful trading is necessary. On the wRSI_SR indicator, the RS line fell at the 80 point, showing a short-term downtrend. At this point, you need to see where the BTC price is gaining support. On the CCI-RC indicator, we must see if the CCI line can rise as it crosses the EMA line. If the CCI line falls below 100 points, volatility may occur, so careful trading is necessary. ------------------------------------ (XBTUSD 1W chart) You'll have to watch for closings above 58464.0. The 58464.0 point is the previous high on the 1M chart. You also need to see if you can move up along the uptrend line. If it falls, you can touch the 45211.0 point, so you need to trade carefully. (1D chart) You should watch for any movement that deviates from the 55828.0-60904.0 segment. In particular, we have to see if we can rise above the 59029.0 point and gain support. If it falls, you need to make sure you get support at 55828.0. If you decline in the 54122.5-55828.0 section, a short stop loss is required. However, you need to trade carefully as you can move up after touching the 48214.0-50752.0 section or the uptrend line (1). If it falls from the 40600.0 point, you need a Stop Loss to preserve profit or loss. (1h chart) (UTC) Check the movement before and after the time indicated on the chart. The points at which altcoins' prices are expected to react are at 57976.5, 56304.5, and 54547.5. Therefore, it is important to check the support and resistance points of the altcoins you hold. ---------------------------------------------- (BTC Dominance (BTC.D) 1D Chart) I think the bull market for altcoins is when BTC dominance is below 63.38 points. Therefore, it is always a good idea to check if you are climbing above the 63.38 point. It remains to be seen if the volatility around April 6th (April 5-7) causes any movement that deviates from the 56.78-59.55 range. -------------------------------------------------- (USDT Dominance (USDT.D) 1D chart) You should watch for any movement that deviates from 2.181-2.345. In particular, we have to see if we can get resistance and fall at the uptrend line (1). It is rising along the uptrend line (4). Accordingly, it is expected that volatility will occur in the near future. (Before April 16th) (1W chart) If you remove the gap section from the chart and look at it, you can see that the USDT dominance is located in the 1.266-1.654 section, which is an important section. -------------------------------------- If you look at the charts of most major coins, it has either risen near the previous high or is exceeding the previous high. These rises are expected to rise even more when the BTC price rises above 60K and moves towards 70K. However, if the BTC price fails to rise to 60K, it is expected that it will eventually turn into a downtrend, so careful trading is necessary. Currently, BTC is in the period of volatility, and the coin market is in the overheating zone. In such a market situation, if you enter as the price rises, the rate of return may be negative. The coin price is recording positive, but the yield of the coin I bought is negative. Therefore, if you are not familiar with day-to-day trading or short-term trading, it is recommended to enter when the coin price declines and then moves sideways and shows support at some point. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator published by oh92. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
by readCrypto
3