Ethereum (ETH) - September 17Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
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-------------------------------------
(ETH Dominance (ETH.D) 1D Chart)
There is no way to determine if there is a change in the movement of dominance due to the continuous burning of ETH.
However, among the sections currently located, the sections 19.22-19.62 and above are the high points of ETH dominance, forming a section of strong resistance.
In order to break above the 20.52-20.79 section, I think it depends on whether we can maintain the dominance above the 19.22-19.62 section.
A strong support zone is 12.14-14.26.
However, if support is found in the 16.65-18.13 zone, I think the ETH dominance is likely to continue its upward trend.
It is necessary to check what kind of movement it will show due to the volatility between September 16-24 (up to September 15-25).
You can say that you have created a double top, so you can focus on the decline and continue the conversation.
However, the double answer is not yet completely complete, so I think we should watch the flow more than guess.
---------------------------------
(ETHUSDT 1W Chart)
If the price is maintained above the 1475.0-1728.74 range, it is expected that the uptrend will continue.
In particular, if the price is maintained above the high point of 2275.68, it is expected to create a new wave.
(1D chart)
It is expected to determine the direction of the trend by maintaining the price by moving up to the 3582.10-3823.21 section, which is the formed high trough.
If it falls from the 3343.06 point, it may fall below the 2910.0 point, so a short stop loss is necessary.
If it falls from the 2275.68 point, a Stop Loss is required to preserve profit and loss.
It is a support and resistance section to be formed in the 2910.0-3343.06 section, and it is necessary to confirm whether it will play the role again this time.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an upward trend or a downward trend, there is a high probability that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which 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, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released.
(Because it is not public, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
Ethdominance
Opposites Attract (BTC.D, ETH.D)Using this indicator we can view the "alligator" eating bearishly, heavily, on BTC.D which is a sign that more people are moving to ETH
We can also see the direct effect on ETH.D with the alligator indicator eating bullishly
These are monthly timeframes
In short, it looks bright for Ethereum and altcoins, while dominance for BTC is struggling
I am long ETH
Bitcoin potentially range boundETC.D is barely ever mentioned. Its interesting where we currently are in comparison to the last time before ETC.D capitulated and finally allowed Bitcoin to move on albeit slowly away from 45k BTC . That is not to say the same thing will happen but copying the fractal of that time period and watching how close it behaves in comparison is interesting - not least because many have called for a slow crawl of Bitcoin over a period of many months rather than an explosive candle to 100k. Lets see how it works out.
Ethereum Dominance Update - Possible Paths to new ATHQuick post suggesting two very different paths to a new ATH for Ethereum Dominance. Both require us getting and holding above 20-21% in the near future:
Proposed Path 1 (white path) - a move to 25% or slightly higher, then a massive drop to ~9.25, followed by an epic rise to new ATH
Proposed Path 2 (blue path) - a move to or above 25%, small correction (re-test 25 or 20 area), and then move to new ATH
Related / older ideas linked below:
Bitcoin (BTC) - September 6Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(BTCUSDT 1W Chart)
If the price is maintained above the 28130.0-29300.0 range, it is expected that the uptrend will continue.
If the price is maintained above the 40100.0-41950.0 range, it is expected to lead to a full-fledged uptrend.
If it rises above the 46930.0 point, it will enter the high point section.
If the price holds above the 46930.0 point, it is expected to create a new wave.
(1D chart)
We need to find support at the 50931.30 point and see if we can move along the uptrend line.
In particular, we should watch to see if the uptrend accelerates.
If it goes down, you should check to see if it finds support at the 46487.52-49266.69 zone.
A move above the uptrend line is expected to find resistance at the 54825.02-56578.21 section.
Please see the description of the BTCUSDTPERP 1D chart for more details.
-------------------------------------
(BTCUSDTPERP 1D Chart)
I need to see if I can keep the price above the 49345.92 point.
It remains to be seen if the volatility around Sept 7 (Sep 6-8) can lead to a move above the downtrend line (1).
1st resistance section: 54918.88-56630.33
If it goes down, you should check to see if it finds support at the 46559.44-49345.92 zone.
The center line of the OBV on the volume indicator is falling and is almost lined up.
I think this is a phenomenon that occurs as the selling price decreases in anticipation of an uptrend. (It's a good move.)
Such a move cannot lead to a big rise.
So, sooner or later we will reach a resistance zone.
At this time, you need to check where the support section is.
Around September 7 (September 6-8), the uptrend line and the downtrend line (1) cross.
You should hold the price above the downtrend line (1) and see if it moves along the uptrend line.
In the CCI-RC indicator, the EMA line is rising above the zero point.
The CCI line is expected to touch the +100 point soon.
At this time, you need to check whether there is an increase in trading volume along with the volatility that occurs.
The OBV description on the volume indicator indicates that the point of reaching the resistance zone is approaching.
------------------------------------
(XBTUSD 1M Chart)
If the price is maintained above the 27650.0-29350.0 range, it is expected that the uptrend will continue.
Above the 47010.0 point, it is expected to create a new wave if the price is maintained as a high point.
----------------------------------
(BTC Dominance (BTC.D) 1D Chart)
If it rises above the 48.81-50.86 section, I think it is highly likely that the coin market has turned into a downtrend.
If the price goes below the downtrend line (1), a large whip-saw can occur frequently, so trade cautiously.
------------------------------------------------------------
(USDT Dominance (USDT.D) 1D Chart)
It remains to be seen if the altcoin bull market can be in full swing by dropping below the 3.009 point.
The volatility around September 9 (September 8-10) should see if there can be a move below the uptrend line (1) as it falls below the 2.670 point.
----------------------------
(USDT 1W chart)
It remains to be seen if the uptrend can continue.
(USDC 1W chart)
You should watch for an uptrend along the uptrend line.
----------------------------------
(ETH Dominance (ETH.D) 1D Chart)
You need to make sure you can maintain dominance above the 19.22 point.
If it goes down, we need to find support at the 18.13 point and see if it moves up.
-----------------------------------------------------
(XBTUSD 1M Chart)
All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction.
Looking at the big picture, I think 4-5 waves are going on.
Depending on how you interpret section A, the wave may be different.
Likewise, you need to be more careful in your trading, as the parts that have not yet been created may have the same flow as section A.
The expected ascent section is near the 80574.0-83397.0 section.
This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section.
There are two large resistance zones to move up to the expected zone.
The two large resistance sections are section a and section b.
If it fails to break through section a upward, I think it can represent the same flow as section A.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which 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, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying the formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in 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 section where you can buy to make a profit as a support point or section.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
Bitcoin (BTC) - September 5Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(XBTUSD 1M Chart)
If the price is maintained above the 27650.0-29350.0 range, it is expected that the uptrend will continue.
Above the 47010.0 point, it is expected to create a new wave if the price is maintained as a high point.
(1D chart)
The section 46695.0-49518.0 is the section that determines the direction.
Therefore, if the price holds above the 49518.0 point, it is expected that the uptrend will continue.
Above the 50876.0 point and above the uptrend line (1), the uptrend is expected to accelerate.
I think there is a good chance you will get resistance near the 55164.5 point.
However, caution is advised as this move is likely to occur as a whip saw caused by a large drop in BTC dominance.
If it goes down, we need to see if it finds support at the 27650.0-29350.0 zone.
----------------------------------
(BTCUSDT 1W Chart)
If the price is maintained above the 28130.0-29300.0 range, it is expected that the uptrend will continue.
If the price is maintained above the 40100.0-41950.0 range, it is expected to lead to a full-fledged uptrend.
If it rises above the 46930.0 point, it will enter the high point section.
If the price holds above the 46930.0 point, it is expected to create a new wave.
-------------------------------------
(BTCUSDTPERP 1D Chart)
I need to see if I can keep the price above the 49345.92 point.
We will have to wait and see if the volatility around Sep 7 (Sep 6-8) can move above the downtrend line (1).
1st resistance section: 54918.88-56630.33
If it goes down, you should check to see if it finds support at the 46559.44-49345.92 zone.
------------------------------------
(BTC Dominance (BTC.D) 1D Chart)
If it rises above the 48.81-50.86 section, I think the coin market is highly likely to be in a downtrend.
If the price falls below the downtrend line (1), a large whip-saw can occur frequently, so trade cautiously.
------------------------------------------------------------
(USDT Dominance (USDT.D) 1D Chart)
It remains to be seen if the altcoin bull market can be in full swing by dropping below the 3.009 point.
The volatility around September 9 (September 8-10) should see if there can be a move below the uptrend line (1) as it falls below the 2.670 point.
----------------------------
(USDT 1W chart)
It remains to be seen if the uptrend can continue.
(USDC 1W chart)
You should watch for an uptrend along the uptrend line.
----------------------------------
(ETH Dominance (ETH.D) 1D Chart)
You need to make sure you can maintain dominance above the 19.22 point.
If it goes down, we need to find support at the 18.13 point and see if it moves up.
-----------------------------------------------------
(XBTUSD 1M Chart)
All patterns and waves can be known when they are completed, so it is best to conduct a trade that fits your average unit price rather than a trade based on prediction.
Looking at the big picture, I think 4-5 waves are going on.
Depending on how you interpret section A, the wave may be different.
Likewise, you need to be more careful in your trading, as the parts that have not yet been created may have the same flow as section A.
The expected ascent section is near the 80574.0-83397.0 section.
This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section.
There are two large resistance zones to move up to the expected zone.
The two large resistance sections are section a and section b.
If it fails to break through section a upward, I think it can represent the same flow as section A.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which 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, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying the formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in 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 section where you can buy to make a profit as a support point or section.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
Bitcoin (BTC) - September 4Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(BTCUSDT 1M Chart)
Resistance section: 59500.0-64854.0
Support section: 41950.0-46930.0
Strong support section: 28130.0-35045.0
(1W chart)
If the price is maintained above the 28130.0-29300.0 range, it is expected that the uptrend will continue.
If the price is maintained above the 40100.0-41950.0 range, it is expected to lead to a full-fledged uptrend.
If it rises above the 46930.0 point, it will enter the high point section.
If the price holds above the 46930.0 point, it is expected to create a new wave.
(1D chart)
We need to see if we can accelerate the uptrend by finding support and moving up from the 49266.69-50931.30 zone.
If it goes down, you should check to see if it finds support at the 46487.52-49266.69 zone.
A move above the uptrend line is expected to find resistance at the 54825.02-56578.21 section.
-------------------------------------
(BTCUSDTPERP 1D Chart)
I need to see if I can keep the price above the 49345.92 point.
We will have to wait and see if the volatility around Sep 7 (Sep 6-8) can move above the downtrend line (1).
1st resistance section: 54918.88-56630.33
If it goes down, you should check to see if it finds support at the 46559.44-49345.92 zone.
------------------------------------
(XBTUSD 1M Chart)
Resistance section: 58464.0-65000.0
Support section: 42084.0-47010.0
Strong support zone: 27650.0-33101.0
(1W chart)
If the price is maintained above the 27650.0-29350.0 range, it is expected that the uptrend will continue.
Above the 47010.0 point, it is expected to create a new wave if the price is maintained as a high point.
----------------------------------
(BTC Dominance (BTC.D) 1D Chart)
If it rises above the 48.81-50.86 section, I think it is highly likely that the coin market has turned into a downtrend.
If the price falls below the downtrend line (1), a large whip-saw can occur frequently, so trade cautiously.
------------------------------------------------------------
(USDT Dominance (USDT.D) 1D Chart)
It remains to be seen if the altcoin bull market can be in full swing by dropping below the 3.009 point.
----------------------------
(USDT 1W chart)
It remains to be seen if the uptrend can continue.
(USDC 1W chart)
You should watch for an uptrend along the uptrend line.
----------------------------------
(ETH Dominance (ETH.D) 1D Chart)
You need to make sure you can maintain dominance above the 19.22 point.
In particular, you need to watch to see if it moves along an uptrend line.
If it goes down, we need to find support at the 18.13 point and see if it moves up.
-----------------------------------------------------
(XBTUSD 1M Chart)
All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction.
Looking at the big picture, I think 4-5 waves are going on.
Depending on how you interpret section A, the wave may be different.
Likewise, you need to be more careful in your trading, as the parts that have not yet been created may have the same flow as section A.
The expected ascent section is near the 80574.0-83397.0 section.
This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section.
There are two large resistance zones to move up to the expected zone.
The two large resistance sections are section a and section b.
If it fails to break through section a upward, I think it can represent the same flow as section A.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which 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, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in 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 section where you can buy to make a profit as a support point or section.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
Bitcoin (BTC) - September 1Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(XBTUSD 1W Chart)
If the price is maintained above the 27650.0-29350.0 range, it is expected that the uptrend will continue.
Above the 47010.0 point, if the price is maintained as a high point, it is expected to create a new wave.
(1D chart)
The section 46695.0-49518.0 is the section that determines the direction.
It is necessary to check whether there is a movement out of the 46695.0-49518.0 section.
1st resistance section on rising: near 55164.5 point
1st support section when falling: 42084.0-45211.0 section
----------------------------------
(BTCUSDT 1W Chart)
If the price is maintained above the 28130.0-29300.0 range, it is expected that the uptrend will continue.
If the price is maintained above the 40100.0-41950.0 range, it is expected to lead to a full-fledged uptrend.
If it rises above the 46930.0 point, it will enter the high point section.
If the price holds above the 46930.0 point, it is expected to create a new wave.
-------------------------------------
(BTCUSDTPERP 1D Chart)
The section 46559.44-49345.92 is the section that determines the direction.
It is necessary to check whether there is movement out of the section 46559.44-49345.92.
1st resistance section when ascending: 54918.88-56630.33
1st support section when falling: 43945.50-46837.06
A move above the downtrend line (1) is expected to accelerate the uptrend.
------------------------------------
(BTCKRW 1W chart)
If the price is maintained above the 31662000-35545000 range, the uptrend is expected to continue.
In particular, if the price is maintained above the 48550000 point, it is expected to continue a full-fledged uptrend.
We need to see if we can make a new wave by rising above 54964000 and entering the high-end section.
In particular, the upward trend is expected to accelerate as it rises above the 57947000 point, which is the baseline point of the Ichimoku Cloud.
----------------------------------------
(BTC Dominance (BTC.D) 1D Chart)
We need to see if we can drop below the 43.17 point.
If it rises above the 48.81-50.86 section, I think the coin market is highly likely to be in a downtrend.
It is difficult to judge by looking at the movement of BTC dominance alone.
You should always judge your reporting situation with the USDT Dominance Chart.
If USDT dominance does not go down, but BTC dominance goes down, I think it is unlikely to lead to altcoin bull market. (when BTC price falls)
The reason is that there is a high possibility that funds are concentrated in a few specific coins.
------------------------------------------------------------
(USDT Dominance (USDT.D) 1D Chart)
It remains to be seen if the altcoin bull market can be in full swing by dropping below the 3.009 point.
----------------------------
(USDT 1W chart)
It remains to be seen if the uptrend can continue.
Looking at the USDC 1W chart (), it remains to be seen if there is an uptrend along the uptrend line.
----------------------------------
(ETH Dominance (ETH.D) 1D Chart)
You need to make sure you can maintain dominance above the 19.22 point.
In particular, you should watch to see if it is moving along an uptrend line.
If it goes down, we need to find support at the 18.13 point and see if it rises.
-----------------------------------------------------
(XBTUSD 1M Chart)
All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction.
Looking at the big picture, I think 4-5 waves are going on.
Depending on how you interpret section A, the wave may be different.
Likewise, you need to be more careful in your trading, because the parts that have not yet been created may have the same flow as section A.
The expected ascent section is near the 80574.0-83397.0 section.
This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section.
There are two large resistance zones to move up to the expected zone.
The two large resistance sections are section a and section b.
If it fails to break through section a upward, I think it can represent the same flow as section A.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which 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, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in 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 section where you can buy to make a profit as a support point or section.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
ETH Dominance Pushing 20%Ethereums dominance is looking fantastic pushing upto the 20% level! igniting alt season as BTC dominance continues to fall! The MACD looks very good we are seeing a healthy green bar for our first on of this cycle after very recently getting that bullish cross! We are already seeing some good separation in the MA's and we will need to continue to see this if we want to have a big run up, lessening the chance of a near sighted bear cross. Now checking out the bollinger bands as you guys know i always talk about grabbing onto that top band, if we continue our push up there is a very good chance we will see this play out in the coming days, this will likely shoot up the dominance level to 20.74 aprx which is our recent high from back in early May. We are seeing good momentum coming from the wavetrend, we are almost pushing out of the bottom zone as we approach the midline soon, i personally think we have tons of room to run up here and it doesn't seem like anything is in our way! Not financial advice just my opinion!
ADA vs. ETH (Y21.P6.E1)
Hi All,
2 of the current market leaders right now are ADA and ETH.
Hence it makes sense you know when to flip from ADA to ETH and there will be a time to BTC.
I have set out the weekly chart with clear support and resistance levels and why the top has a rejection right now.
We can agree, ADA had a strong run against ETH recently and I wish I paid attention to this chart more so at the time but now I have flipped alot of my ADA to ETH as we can see ETH taking its turn.
I'm not going into detail about the TA, the chart does it.
Key points:
> I have added the weekly 20 and 50 MA which have confluence with the price action along with the fib levels.
> ADA not likely to drop hard and fast against ETH but in the shorter time frame, we expect ADA and ETH to level out and ADA to slowly lose against ETH
> Have 2 other supporting charts , not the indicators
> Have ETH dominance chart and ADA dominance Chart, ADA seems to have toped where as eTH has more to the upside.
Link below shows my last post on this subject.
All the best,
S.SAri
The indicators also help support the notion of a reversal top.
ETH dominance versus ADA dominance on the 4 hrly chart
Bitcoin (BTC) - August 31Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(BTCUSDT 1W Chart)
If the price is maintained above the 28130.0-29300.0 range, it is expected that the uptrend will continue.
If the price is maintained above the 40100.0-41950.0 range, it is expected to lead to a full-fledged uptrend.
If it rises above the 46930.0 point, it will enter the high point section.
If the price holds above the 46930.0 point, it is expected to create a new wave.
(1D chart)
It is an important section that determines the direction in section 46487.52-49266.69.
46487.52-49266.69 It is necessary to check whether there is a movement out of the section.
1st resistance section when ascending: 54825.03-56578.21
1st support section in case of decline: 43916.35-46930.00
-------------------------------------
(BTCUSDTPERP 1D Chart)
The section 46559.44-49345.92 is the section that determines the direction.
It is necessary to check whether there is movement out of the section 46559.44-49345.92.
1st resistance section when ascending: 54918.88-56630.33
1st support section when falling: 43945.50-46837.06
A move above the downtrend line (1) is expected to accelerate the uptrend.
------------------------------------
(XBTUSD 1W Chart)
If the price is maintained above the 27650.0-29350.0 range, it is expected that the uptrend will continue.
Above the 47010.0 point, if the price is maintained as a high point, it is expected to create a new wave.
----------------------------------
(BTC Dominance (BTC.D) 1D Chart)
We need to see if we can drop below the 43.17 point.
If it rises above the 48.81-50.86 section, I think the coin market is highly likely to be in a downtrend.
It is difficult to judge by looking at the movement of BTC dominance alone.
You should always judge your reporting situation with the USDT Dominance Chart.
If the USDT dominance does not go down, but the BTC dominance goes down, I think it is unlikely to lead to an altcoin bull market.
The reason is that there is a high possibility that funds are concentrated in a few specific coins.
------------------------------------------------------------
(USDT Dominance (USDT.D) 1D Chart)
It remains to be seen whether the altcoin bull market can be in full swing by dropping below the 3.009 point.
----------------------------
(USDT 1W chart)
It remains to be seen if the uptrend can continue.
Looking at the USDC 1W chart (), it remains to be seen if there is an uptrend along the uptrend line.
----------------------------------
(ETH Dominance (ETH.D) 1D Chart)
We need to see if there is any movement to rise above the downtrend line (1).
In particular, we need to see support at the 18.13 point and see if it rises.
-----------------------------------------------------
(XBTUSD 1M Chart)
All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction.
Looking at the big picture, I think 4-5 waves are going on.
Depending on how you interpret section A, the wave may be different.
Likewise, you need to be more careful in your trading, as the parts that have not yet been created may have the same flow as section A.
The expected ascent section is near the 80574.0-83397.0 section.
This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section.
There are two large resistance zones to move up to the expected zone.
The two large resistance sections are section a and section b.
If it fails to break through section a upward, I think it can represent the same flow as section A.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which 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 investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in 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 section where you can buy to make a profit as a support point or section.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
Bitcoin (BTC) - August 30Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(XBTUSD 1W Chart)
If the price is maintained above the 27650.0-29350.0 range, it is expected that the uptrend will continue.
Above the 47010.0 point, if the price is maintained as a high point, it is expected to create a new wave.
(1D chart)
The section 46695.0-49518.0 is the section that determines the direction.
It is necessary to check whether there is movement out of the 46695.0-49518.0 section due to the volatility between around August 23-29 (August 22-30).
If it deviates from the 46695.0-49518.0 section,
1st resistance section on rising: near 55164.5 point
1st support section when falling: 42084.0-45211.0 section
----------------------------------
(BTCUSDT 1W Chart)
If the price is maintained above the 28130.0-29300.0 range, it is expected that the uptrend will continue.
If the price is maintained above the 40100.0-41950.0 range, it is expected to lead to a full-fledged uptrend.
If it rises above the 46930.0 point, it will enter the high point section.
If the price holds above the 46930.0 point, it is expected to create a new wave.
-------------------------------------
(BTCUSDTPERP 1D Chart)
The section 46559.44-49345.92 is the section that determines the direction.
It is necessary to check whether there is a movement out of the section 46559.44-49345.92.
1st resistance section when ascending: 54918.88-56630.33
1st support section when falling: 43945.50-46837.06
A move above the downtrend line (1) is expected to accelerate the uptrend.
------------------------------------
(BTCKRW 1W chart)
If the price is maintained above the 31662000-35545000 range, it is expected that the uptrend will continue.
In particular, if the price is maintained above the 48550000 point, it is expected to continue a full-fledged uptrend.
We need to see if we can make a new wave by rising above 54964000 and entering the high-end section.
In particular, the upward trend is expected to accelerate as it rises above the 57947000 point, which is the baseline point of the Ichimoku Cloud.
The next volatility period is around August 31st.
----------------------------------------
(BTC Dominance (BTC.D) 1D Chart)
We need to see if we can drop below the 43.17 point.
If it rises above the 48.81-50.86 section, I think it is highly likely that the coin market has turned into a downtrend.
------------------------------------------------------------
(USDT Dominance (USDT.D) 1D Chart)
It remains to be seen if the altcoin bull market can be in full swing by dropping below the 3.009 point.
----------------------------
(USDT 1W chart)
(1D chart: )
We are showing you a new type of chart.
In any case, the movement of the USDT chart can be said to indicate an upward movement, so I think that funds are coming into the coin market.
Looking at the USDC 1W chart (), it remains to be seen if there is an uptrend along the uptrend line.
----------------------------------
(ETH Dominance (ETH.D) 1D Chart)
We need to see if there is any movement to rise above the downtrend line (1).
In particular, we need to see support at the 18.13 point and see if it rises.
-----------------------------------------------------
(XBTUSD 1M Chart)
All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction.
Looking at the big picture, I think 4-5 waves are going on.
Depending on how you interpret section A, the wave may be different.
Likewise, you need to be more careful in your trading, as the parts that have not yet been created may have the same flow as section A.
The expected ascent section is near the 80574.0-83397.0 section.
This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section.
There are two large resistance zones to move up to the expected zone.
The two large resistance sections are section a and section b.
If it fails to break through section a upward, I think it can represent the same flow as section A.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which 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, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in 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 section where you can buy to make a profit as a support point or section.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
Bitcoin (BTC) - August 29Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(BTCUSDT 1W Chart)
If the price is maintained above the 28130.0-29300.0 range, it is expected that the uptrend will continue.
If the price is maintained above the 40100.0-41950.0 range, it is expected to lead to a full-fledged uptrend.
If it rises above the 46930.0 point, it will enter the high point section.
If the price holds above the 46930.0 point, it is expected to create a new wave.
(1D chart)
It is an important section that determines the direction in section 46487.52-49266.69.
46487.52-49266.69 It is necessary to check whether there is a movement out of the section.
1st resistance section when ascending: 54825.03-56578.21
1st support section in case of decline: 43916.35-46930.00
-------------------------------------
(BTCUSDTPERP 1D Chart)
The section 46559.44-49345.92 is the section that determines the direction.
It is necessary to check if there is any movement out of the 46559.44-49345.92 section due to the volatility between August 19-29.
1st resistance section when ascending: 54918.88-56630.33
1st support section when falling: 43945.50-46837.06
------------------------------------
(XBTUSD 1W Chart)
If the price is maintained above the 27650.0-29350.0 range, it is expected that the uptrend will continue.
Above the 47010.0 point, it is expected to create a new wave if the price is maintained as a high point.
----------------------------------
(BTC Dominance (BTC.D) 1D Chart)
We need to see if we can drop below the 43.17 point.
If it rises above the 48.81-50.86 section, I think the coin market is highly likely to be in a downtrend.
------------------------------------------------------------
(USDT Dominance (USDT.D) 1D Chart)
It remains to be seen if the altcoin bull market can be in full swing by dropping below the 3.009 point.
----------------------------
(USDT 1D Chart)
We are showing you a new type of chart.
A rise above 62.904B is expected to trigger a new trend in the coin market.
Looking at the USDC 1W chart (), we should see if there is an uptrend along the uptrend line.
----------------------------------
(ETH Dominance (ETH.D) 1D Chart)
We need to see if there is any movement to rise above the downtrend line (1).
In particular, we need to see support at the 18.13 point and see if it rises.
-----------------------------------------------------
(XBTUSD 1M Chart)
All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction.
Looking at the big picture, I think 4-5 waves are going on.
Depending on how you interpret section A, the wave may be different.
Likewise, you need to be more careful in your trading, as the parts that have not yet been created may have the same flow as section A.
The expected ascent section is near the 80574.0-83397.0 section.
This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section.
There are two large resistance zones to move up to the expected zone.
The two large resistance sections are section a and section b.
If it fails to break through section a upward, I think it can represent the same flow as section A.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which 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, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in 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 section where you can buy to make a profit as a support point or section.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
Bitcoin (BTC) - August 28Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(XBTUSD 1W Chart)
If the price is maintained above the 27650.0-29350.0 range, it is expected that the uptrend will continue.
Above the 47010.0 point, it is expected to create a new wave if the price is maintained as a high point.
(1D chart)
The section 46695.0-49518.0 is the section that determines the direction.
It is necessary to check whether there is movement out of the 46695.0-49518.0 section due to the volatility between around August 23-29 (August 22-30).
If the price continues above the 49518.0 point, I would expect the area near the 55164.5 point to form the first resistance zone.
You should check the volume change in the first resistance zone.
If the decline is from the 46695.0 point, you should check for support at the 42084.0-45211.0 zone.
In particular, if it falls from the 37301.0-40620.5 section, it may turn into a downtrend, so you should also think about it.
Keeping 1W charts and 1D charts together is because the feeling of seeing a trend is different.
The most important thing to watch out for in the investment market is your own psychological state.
If your psychological state makes you feel anxious, it's because the trade can go in the wrong direction.
Before proceeding with trading in earnest, it is recommended to check the large period charts (1M, 1W charts) to understand the overall flow.
Then, in order to make a trade, you can trade on the chart for the period you usually see.
If you follow the trend only on the minute chart or hour chart, you need to make a quick decision (take profit, stop loss, etc.)
----------------------------------
(BTCUSDT 1W Chart)
If the price is maintained above the 28130.0-29300.0 range, it is expected that the uptrend will continue.
If the price is maintained above the 40100.0-41950.0 range, it is expected to lead to a full-fledged uptrend.
If it rises above the 46930.0 point, it will enter the high point section.
If the price holds above the 46930.0 point, it is expected to create a new wave.
-------------------------------------
(BTCUSDTPERP 1D Chart)
The section 46559.44-49345.92 is the section that determines the direction.
It is necessary to check if there is any movement out of the 46559.44-49345.92 section due to the volatility between August 19-29.
If the price is maintained above the downtrend line (1), the 54918.88-56630.33 section is the first resistance section.
I think this resistance zone is likely to create a volatility zone for an upward move towards the 60491.83-63278.31 zone.
If the decline is at 46559.44, you should see support at the 42125.51-45163.36 zone.
You should see if the center line rises as the green color of the OBV on the volume indicator increases.
Currently, the green color of OBV is decreasing.
Accordingly, it is important whether the price holds and rises in the section 46559.44-49345.92.
In the CCI-RC indicator, the BTC price is expected to accelerate the upward trend when the CCI line rises above the +100 point, so careful trading is required.
------------------------------------
(BTC Dominance (BTC.D) 1D Chart)
A decline in BTC dominance is likely to lead to a rise in the price of altcoins.
Conversely, a rise in BTC dominance is likely to lead to a fall in the price of altcoins.
The next volatility period for BTC Dominance is around September 9th.
It remains to be seen if this volatility triggers a drop below the 43.17 point.
If it rises above the 48.81-50.86 section, I think it is highly likely that the coin market has turned into a downtrend.
------------------------------------------------------------
(USDT Dominance (USDT.D) 1D Chart)
It remains to be seen if the altcoin bull market can be in full swing by dropping below the 3.009 point.
The next volatility period on the USDT Dominance chart is around September 9th.
If the USDT dominance declines, the price of BTC will rise, and the price of altcoins is likely to rise as well.
USDT Dominance falling below the downtrend line (2), indicating that the coin market is moving towards an uptrend.
----------------------------
(USDT 1D Chart)
A rise above 62.904B is expected to trigger a new trend in the coin market.
The next volatility period on the USDT chart is around September 1.
Looking at the USDC 1D chart (), you should watch to see if there is an uptrend along the uptrend line.
I think the rising gap between USDT and USDC shows that money is flowing into the coin market.
Conversely, a fall in the gap indicates that money is flowing out of the coin market.
----------------------------------
(ETH Dominance (ETH.D) 1D Chart)
We need to see if there is any movement to rise above the downtrend line (1).
In particular, we need to see support at the 18.13 point and see if it rises.
A rise in ETH dominance could lead to a rise in ETH price.
Also, I think it has some effect on the BTC price.
It remains to be seen if ETH dominance can continue to influence BTC price by continuing its uptrend.
-----------------------------------------------------
(XBTUSD 1M Chart)
All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction.
Looking at the big picture, I think 4-5 waves are going on.
Depending on how you interpret section A, the wave may be different.
Likewise, you need to be more careful in your trading, as the parts that have not yet been created may have the same flow as section A.
The expected ascent section is near the 80574.0-83397.0 section.
This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section.
There are two large resistance zones to move up to the expected zone.
The two large resistance sections are section a and section b.
If it fails to break through section a upward, I think it can represent the same flow as section A.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which 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, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in 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 section where you can buy to make a profit as a support point or section.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
Bitcoin (BTC) - August 26Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(BTCUSDT 1W Chart)
If the price is maintained above the 28130.0-29300.0 range, it is expected that the uptrend will continue.
If the price is maintained above the 40100.0-41950.0 range, it is expected to lead to a full-fledged uptrend.
If it rises above the 46930.0 point, it will enter the high point section.
If the price holds above the 46930.0 point, it is expected to create a new wave.
(1D chart)
It is an important section that determines the direction in section 46487.52-49266.69.
It is necessary to check if there is movement out of the 46487.52-49266.69 section due to the volatility between the 25th and 27th of August.
In particular, it remains to be seen if the trend can continue with the move out of the 45135.66-50931.30 zone.
If the price is maintained above the 50931.30 point, the first resistance section is the 54825.02-56578.21 section.
This first resistance zone is likely to form a volatility zone to move towards the 60383.36-63152.53 zone.
If the price holds above the critical previous high of 40100.0-41950.0, we expect the uptrend to continue.
-------------------------------------
(BTCUSDTPERP 1D Chart)
The section 46559.44-49345.92 is the section that determines the direction.
It is necessary to check if there is any movement out of the 46559.44-49345.92 section due to the volatility between August 19-29.
If the price is maintained above the downtrend line (1), the 54918.88-56630.33 section is the first resistance section.
I think this resistance zone is likely to create a volatility zone for an upward move towards the 60491.83-63278.31 zone.
If the decline is at 46559.44, you should see support at the 42125.51-45163.36 zone.
You should see if the center line rises as the green color of the OBV on the volume indicator increases.
Currently, the green color of OBV is decreasing.
Accordingly, it is important whether the price holds and rises in the section 46559.44-49345.92.
In the CCI-RC indicator, the BTC price is expected to accelerate the upward trend when the CCI line rises above the +100 point, so careful trading is required.
------------------------------------
(XBTUSD 1W Chart)
If the price is maintained above the 27650.0-29350.0 range, it is expected that the uptrend will continue.
Above the 47010.0 point, it is expected to create a new wave if the price is maintained as a high point.
It is necessary to check whether there is a movement out of the 47010.0-50876.0 section due to the volatility between around August 23rd and around the 29th.
----------------------------------
(BTC Dominance (BTC.D) 1D Chart)
A decline in BTC dominance is likely to lead to a rise in the price of altcoins.
Conversely, a rise in BTC dominance is likely to lead to a fall in the price of altcoins.
The next volatility period for BTC Dominance is around September 9th.
It remains to be seen if this volatility triggers a drop below the 43.17 point.
If it rises above the 48.81-50.86 section, I think the coin market is highly likely to be in a downtrend.
------------------------------------------------------------
(USDT Dominance (USDT.D) 1D Chart)
It remains to be seen whether the altcoin bull market can be in full swing by dropping below the 3.009 point.
The next volatility period on the USDT dominance chart is around September 9th.
If the USDT dominance declines, the price of BTC will rise, and the price of altcoins is likely to rise as well.
USDT Dominance falling below the downtrend line (2), indicating that the coin market is moving towards an uptrend.
----------------------------
(USDT 1D Chart)
A rise above 62.904B is expected to trigger a new trend in the coin market.
Looking at the USDC 1D chart (), we should see if there is an uptrend along the uptrend line.
I think the rising gap between USDT and USDC shows that money is flowing into the coin market.
Conversely, a fall in the gap indicates that money is flowing out of the coin market.
----------------------------------
(ETH Dominance (ETH.D) 1D Chart)
We need to see if there is any movement to rise above the downtrend line (1).
In particular, it is necessary to ensure that there is support at point 18.13.
A rise in ETH dominance could lead to a rise in ETH price.
Also, I think it has some effect on the BTC price.
It remains to be seen if ETH dominance can continue to influence BTC price by continuing its uptrend.
-----------------------------------------------------
(XBTUSD 1M Chart)
All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction.
Looking at the big picture, I think 4-5 waves are going on.
Depending on how you interpret section A, the wave may be different.
Likewise, you need to be more careful in your trading, as the parts that have not yet been created may have the same flow as section A.
The expected ascent section is near the 80574.0-83397.0 section.
This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section.
There are two large resistance zones to move up to the expected zone.
The two large resistance sections are section a and section b.
If it fails to break through section a upward, I think it can represent the same flow as section A.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which 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, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in 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 section where you can buy to make a profit as a support point or section.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
Bitcoin (BTC) - August 25Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(XBTUSD 1W Chart)
If the price is maintained above the 27650.0-29350.0 range, it is expected that the uptrend will continue.
Above the 47010.0 point, it is expected to create a new wave if the price is maintained as a high point.
(1D chart)
The section 46695.0-49518.0 is the section that re-determines the direction.
It is necessary to check whether there is a movement out of the 46695.0-49518.0 section due to the volatility between around August 23-29.
If the decline is from the 46695.0 point, you should check for support at the 42084.0-45211.0 zone.
In particular, if it falls from the 37301.0-40620.5 section, it may turn into a downtrend, so you should also think about it.
If the price continues above the 49518.0 point, I would expect the area near the 55164.5 point to form the first resistance zone.
You should check the volume change in the first resistance zone.
The green color of OBV in the volume indicator is decreasing.
Accordingly, in order to continue the uptrend, it has become more important to find support in the 46695.0-49518.0 section.
In the CCI-RC index, the CCI line and the EMA line are divided around the zero point.
It is necessary to check whether the CCI and EMA lines are moving upwards above the zero point and continuing the uptrend.
The -100-100 section in the CCI indicator means a sidewalk section.
It is divided into a lower sidewalk section and an upper sidewalk section centering on the 0 point among these sidewalk sections.
As the CCI line rose above the zero point, it was positioned in the upper sideways section, raising expectations for an uptrend.
To accelerate the uptrend, the CCI line needs to rise above the +100 point.
Conversely, to accelerate the downtrend, it needs to fall below the -100 point.
----------------------------------
(BTCUSDT 1W Chart)
If the price is maintained above the 28130.0-29300.0 range, it is expected that the uptrend will continue.
If the price is maintained above the 40100.0-41950.0 range, it is expected to lead to a full-fledged uptrend.
If it rises above the 46930.0 point, it will enter the high point section.
If the price holds above the 46930.0 point, it is expected to create a new wave.
It is necessary to check if there is any movement outside the 46930.0-50931.30 zone due to the volatility between the 25th and 27th of August.
-------------------------------------
(BTCUSDTPERP 1D Chart)
The section 46559.44-49345.92 is the section that determines the direction.
It is necessary to check if there is any movement out of the 46559.44-49345.92 section due to the volatility between August 19-29.
If the price is maintained above the downtrend line (1), the 54918.88-56630.33 section is the first resistance section.
I think this resistance zone is likely to create a volatility zone for an upward move towards the 60491.83-63278.31 zone.
If the decline is at 46559.44, you should see support at the 42125.51-45163.36 zone.
You should see if the center line rises as the green color of the OBV on the volume indicator increases.
Currently, the green color of OBV is decreasing.
Accordingly, it is important whether the price holds and rises in the section 46559.44-49345.92.
In the CCI-RC indicator, the BTC price is expected to accelerate the upward trend when the CCI line rises above the +100 point, so careful trading is required.
------------------------------------
(BTCKRW 1W chart)
If the price is maintained above the 31662000-35545000 range, it is expected that the uptrend will continue.
In particular, if the price is maintained above the 48550000 point, it is expected to continue a full-fledged uptrend.
We need to see if we can make a new wave by rising above 54964000 and entering the high-end section.
In particular, the upward trend is expected to accelerate as it rises above the 57947000 point, the baseline point of the Ichimoku Cloud.
The next volatility period is around August 31st.
----------------------------------------
(BTC Dominance (BTC.D) 1D Chart)
A decline in BTC dominance is likely to lead to a rise in the price of altcoins.
Conversely, a rise in BTC dominance is likely to lead to a fall in the price of altcoins.
The next volatility period for BTC Dominance is around September 9th.
It remains to be seen if this volatility triggers a drop below the 43.17 point.
If it rises above the 48.81-50.86 section, I think the coin market is highly likely to be in a downtrend.
------------------------------------------------------------
(USDT Dominance (USDT.D) 1D Chart)
It remains to be seen whether the altcoin bull market can be in full swing by dropping below the 3.009 point.
The next volatility period on the USDT dominance chart is around September 9th.
If the USDT dominance declines, the price of BTC will rise, and the price of altcoins is likely to rise as well.
The USDT dominance falls below the downtrend line (2), indicating that the coin market is moving towards an uptrend.
----------------------------
(USDT 1D Chart)
The USDT chart keeps changing and showing.
It seems that there is a lot of movement of money.
Accordingly, careful trading is required.
A rise above 62.904B is expected to trigger a new trend in the coin market.
If you look at the USDC 1D chart (), you should watch for an uptrend along the uptrend line.
I think the rising gap between USDT and USDC shows that money is flowing into the coin market.
Conversely, a fall in the gap indicates that money is flowing out of the coin market.
----------------------------------
(ETH Dominance (ETH.D) 1D Chart)
We need to see if there is any movement to rise above the downtrend line (1).
In particular, it is necessary to ensure that there is support at point 18.13.
A rise in ETH dominance could lead to a rise in ETH price.
Also, I think it has some effect on the BTC price.
It remains to be seen if ETH dominance can continue to influence BTC price by continuing its uptrend.
-----------------------------------------------------
(XBTUSD 1M Chart)
All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction.
Looking at the big picture, I think 4-5 waves are going on.
Depending on how you interpret section A, the wave may be different.
Likewise, you need to be more careful in your trading, as the parts that have not yet been created may have the same flow as section A.
The expected ascent section is near the 80574.0-83397.0 section.
This is an estimated value considering the fluctuation range that has risen from the 1st section to the 2nd section.
There are two large resistance zones to move up to the expected zone.
The two large resistance sections are section a and section b.
If it fails to break through section a upward, I think it can represent the same flow as section A.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which 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, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in 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 section where you can buy to make a profit as a support point or section.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
Bitcoin (BTC) - August 24Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(BTCUSDT 1W Chart)
If the price is maintained above the 28130.0-29300.0 range, it is expected that the uptrend will continue.
If the price is maintained above the 40100.0-41950.0 range, it is expected to lead to a full-fledged uptrend.
If it rises above the 46930.0 point, it will enter the high point section.
If the price holds above the 46930.0 point, it is expected to create a new wave.
(1D chart)
It is an important section that determines the direction in section 46487.52-49266.69.
The 25-27 August volatility should support support at the 49266.69 point and see if it can move higher than the 50931.69 point.
If the price is maintained above the 50931.30 point, the first resistance section is the 54825.02-56578.21 section.
This first resistance zone is likely to form a volatility zone to move upwards towards the 60383.36-63152.53 zone.
If the 46487.52-49266.69 zone does not move lower, I would expect it to eventually break above the first resistance zone.
If it declines from the 46487.52-49266.69 section, it is likely that the sell-off will increase and lead to a sharp decline.
Looking at the big picture, the 38150.02-46487.52 section is a sideways section.
However, if it strongly breaks through the 40100.0-41950.0 section, which is an important previous high, it is expected to touch the 27033.35-29812.52 section.
-------------------------------------
(BTCUSDTPERP 1D Chart)
The section 46559.44-49345.92 is the section that determines the direction.
It is necessary to check if there is any movement out of the 46559.44-49345.92 section due to the volatility between August 19-29.
If the price is maintained above the downtrend line (1), the 54918.88-56630.33 section is the first resistance section.
I think this resistance zone is likely to create a volatility zone for an upward move towards the 60491.83-63278.31 zone.
If the decline is at 46559.44, you should see support at the 42125.51-45163.36 zone.
You should see if the center line rises as the green color of the OBV on the volume indicator increases.
Currently, the green color of OBV is decreasing.
Accordingly, it is important whether the price holds and rises in the section 46559.44-49345.92.
In the CCI-RC indicator, the BTC price is expected to accelerate the upward trend when the CCI line rises above the +100 point, so careful trading is required.
------------------------------------
(XBTUSD 1W Chart)
If the price is maintained above the 27650.0-29350.0 range, it is expected that the uptrend will continue.
Above the 47010.0 point, if the price is maintained as a high point, it is expected to create a new wave.
In particular, it is necessary to check whether there is a movement out of the 47010.0-50876.0 section due to the volatility between August 22-29.
----------------------------------
(BTC Dominance (BTC.D) 1D Chart)
A decline in BTC dominance is likely to lead to a rise in the price of altcoins.
Conversely, a rise in BTC dominance is likely to lead to a fall in the price of altcoins.
If it falls below the downtrend line (1) or the 43.17 point, it is highly likely that a whipso will occur in the BTC price movement, so you need to be careful when trading BTC.
The next volatility period for BTC Dominance is around September 9th.
It remains to be seen if this volatility triggers a drop below the 43.17 point.
If it rises above the 48.81-50.86 section, I think the coin market is highly likely to be in a downtrend.
------------------------------------------------------------
(USDT Dominance (USDT.D) 1D Chart)
Due to the volatility around August 17-23, it has fallen below the 3.009 point, so we have to wait and see if the altcoin bull market can be in full swing.
If the USDT dominance declines, the price of BTC will rise, and the price of altcoins is likely to rise as well.
USDT Dominance falling below the downtrend line (2), indicating that the coin market is moving towards an uptrend.
----------------------------
(USDT 1D Chart)
The USDT chart keeps changing and showing.
It seems that there is a lot of movement of money.
Accordingly, careful trading is required.
A rise above 62.904B is expected to trigger a new trend in the coin market.
If you look at the USDC 1D chart (), you should watch for an uptrend along the uptrend line.
I think the rising gap between USDT and USDC shows that money is flowing into the coin market.
Conversely, a fall in the gap indicates that money is flowing out of the coin market.
----------------------------------
(ETH Dominance (ETH.D) 1D Chart)
The volatility between the 19th and 25th of August should move above the downtrend line (1) to see if the uptrend can be continued.
In particular, it is necessary to ensure that there is support at point 18.13.
A rise in ETH dominance could lead to a rise in ETH price.
Also, I think it has some effect on the BTC price.
It remains to be seen if ETH dominance can continue to influence BTC price by continuing its uptrend.
-----------------------------------------------------
(XBTUSD 1M Chart)
All patterns and waves can be known when they are completed, so it is best to conduct a trade that fits your average unit price rather than a trade based on prediction.
Looking at the big picture, I think 4-5 waves are going on.
Depending on how you interpret section A, the wave may be different.
Likewise, you need to be more careful in your trading, as the parts that have not yet been created may have the same flow as section A.
The expected ascent section is near the 80574.0-83397.0 section.
This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section.
There are two large resistance zones to move up to the expected zone.
The two large resistance sections are section a and section b.
If it fails to break through section a upward, I think it can represent the same flow as section A.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which 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, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in 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 section where you can buy to make a profit as a support point or section.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
Bitcoin (BTC) - August 23Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(XBTUSD 1W Chart)
If the price is maintained above the 27650.0-29350.0 range, it is expected that the uptrend will continue.
Above the 47010.0 point, it is expected to create a new wave if the price is maintained as a high point.
(1D chart)
The section 46695.0-49518.0 is the section that re-determines the direction.
It is necessary to check whether there is a movement out of the 46695.0-49518.0 section due to the volatility between around August 23-29.
In particular, if the decline from the 46695.0 point, you should check to see if there is support in the 42084.0-45211.0 zone.
If it falls below the 42084.0 point, it is likely to turn into a downtrend, so trade cautiously.
However, looking at the big picture, the 38225.0-46695.0 section is a sideways section.
Therefore, you should think about how to respond in the section 38225.0-42084.0 in advance.
If the price continues above the 49518.0 point, I would expect the area near the 55164.5 point to form the first resistance zone.
You should check the volume change in the first resistance zone.
----------------------------------
(BTCUSDT 1W Chart)
If the price is maintained above the 28130.0-29300.0 range, it is expected that the uptrend will continue.
If the price is maintained above the 40100.0-41950.0 range, it is expected to lead to a full-fledged uptrend.
If it rises above the 46930.0 point, it will enter the high point section.
If the price holds above the 46930.0 point, it is expected to create a new wave.
An important period of volatility is around August 26 (August 25-27).
-------------------------------------
(BTCUSDTPERP 1D Chart)
The section 46559.44-49345.92 is the section that determines the direction.
It is necessary to check if there is any movement out of the 46559.44-49345.92 section due to the volatility between August 19-29.
In particular, if the price declines from the 46559.44 point, you should check for support at the 42125.51-45163.36 zone.
Looking at the big picture, the section 38200.0-46559.44 is a sideways section.
However, if the price declines from the 42125.51 point, I think the sell-off is likely to increase and turn into a downtrend.
Accordingly, you should think in advance how to respond in the section 38200.01-4212.51.
If the price holds above the downtrend line (1), the 54918.88-56630.33 area is the first resistance level.
I think this resistance zone is likely to create a volatility zone for an upward move towards the 60491.83-63278.31 zone.
You should see if the center line rises as the green color of the OBV on the volume indicator increases.
Currently, the green color of OBV is decreasing.
Accordingly, it is important whether the price holds and rises in the section 46559.44-49345.92.
In the CCI-RC indicator, the BTC price is expected to accelerate the upward trend when the CCI line rises above the +100 point, so careful trading is required.
------------------------------------
(BTCKRW 1W chart)
If the price is maintained above the 31662000-35545000 range, it is expected that the uptrend will continue.
In particular, if the price is maintained above the 48550000 point, it is expected to continue a full-fledged uptrend.
We need to see if we can make a new wave by rising above 54964000 and entering the high-end section.
In particular, the upward trend is expected to accelerate as it rises above the 57947000 point, which is the baseline point of the Ichimoku Cloud (Ichimoku).
----------------------------------------
(BTC Dominance (BTC.D) 1D Chart)
A decline in BTC dominance is likely to lead to a rise in the price of altcoins.
Conversely, a rise in BTC dominance is likely to lead to a fall in the price of altcoins.
If it falls below the downtrend line (1) or the 43.17 point, it is highly likely that a whipso will occur in the BTC price movement, so you need to be careful when trading BTC.
The volatility period for BTC Dominance is around August 21st (August 20-22).
------------------------------------------------------------
(USDT Dominance (USDT.D) 1D Chart)
Due to the volatility around August 17-23, it has fallen below the 3.009 point, so we have to wait and see if the altcoin bull market can be in full swing.
If the USDT dominance declines, the price of BTC will rise, and the price of altcoins is likely to rise as well.
USDT Dominance falling below the downtrend line (2), indicating that the coin market is moving towards an uptrend.
----------------------------
(USDT 1D Chart)
The USDT chart keeps changing and showing.
It seems that there is a lot of money moving around.
Accordingly, careful trading is required.
A rise above 62.904B is expected to trigger a new trend in the coin market.
Looking at the USDC 1D chart (), it is worth watching to see if there is an uptrend along the uptrend line.
I think the rising gap between USDT and USDC shows that money is flowing into the coin market.
Conversely, a fall in the gap indicates that money is flowing out of the coin market.
----------------------------------
(ETH Dominance (ETH.D) 1D Chart)
The volatility between 19-25 August requires a move above the downtrend line (1) to see if the uptrend can be continued.
In particular, you need to make sure you have support at point 18.13.
A rise in ETH dominance could lead to a rise in ETH price.
Also, I think it has some effect on the BTC price.
It remains to be seen if ETH dominance can continue to influence BTC price by continuing its uptrend.
-------------------------------------------
(XBTUSD 1M Chart)
All patterns and waves can be known when they are completed, so it is best to conduct a trade that fits your average unit price rather than a trade based on prediction.
Looking at the big picture, I think 4-5 waves are going on.
Depending on how you interpret section A, the wave may be different.
Likewise, you need to be more careful in your trading, as the parts that have not yet been created may have the same flow as section A.
The expected ascent section is near the 80574.0-83397.0 section.
This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section.
There are two large resistance zones to move up to the expected zone.
The two large resistance sections are section a and section b.
If it fails to break through section a upward, I think it can represent the same flow as section A.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which 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, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in 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 section where you can buy to make a profit as a support point or section.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
Bitcoin (BTC) - August 22Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(BTCUSDT 1W Chart)
If the price is maintained above the 28130.0-29300.0 range, it is expected that the uptrend will continue.
If the price is maintained above the 40100.0-41950.0 range, it is expected to lead to a full-fledged uptrend.
If it rises above the 46930.0 point, it will enter the high point section.
If the price holds above the 46930.0 point, it is expected to create a new wave.
(1D chart)
It is an important section that determines the direction in section 46487.52-49266.69.
We need to see if we can sustain the price above the 49266.69 point.
In particular, you should watch for any upward movement along the uptrend line.
It remains to be seen if this move can lead to a move that could accelerate the uptrend by moving above the 50931.30 point with the volatility around Aug 26 (25-27 Aug).
If the price holds above the 49266.69 point, the 54825.02-56578.21 section is the first resistance section.
I think this resistance zone is likely to create a volatility zone for an upward movement towards the 60383.36-63162.53 zone.
-------------------------------------
(BTCUSDTPERP 1D Chart)
The section 46559.44-49345.92 is the section that determines the direction.
We need to see if there is any movement out of the range 42125.51-49345.92 due to the volatility between 19-29 August.
In particular, we need to see if we can break out of the downtrend line (1) as we move up along the uptrend line.
If the price is maintained above the downtrend line (1), the uptrend is expected to accelerate.
If it declines from the 42125.51-45163.36 section, it is now expected to turn into a downtrend and decline.
If the price holds above the downtrend line (1), the 54918.88-56630.33 area is the first resistance level.
I think this resistance zone is likely to create a volatility zone for an upward move towards the 60491.83-63278.31 zone.
You should see if the center line rises as the green color of the OBV on the volume indicator increases.
In the CCI-RC indicator, the BTC price is expected to accelerate the upward trend when the CCI line rises above the +100 point, so careful trading is required.
------------------------------------
(XBTUSD 1W Chart)
If the price is maintained above the 27650.0-29350.0 range, it is expected that the uptrend will continue.
Above the 47010.0 point, it is expected to create a new wave if the price is maintained as a high point.
It is necessary to check whether there is a movement out of the 47010.0-50876.0 section due to the volatility between around August 23rd and around the 29th.
The green color of OBV on the volume indicator is close to the line since June 28th.
It also suggests that volume is declining as the centerline of OBV declines.
If the green of the OBV increases and the center line rises, the uptrend is expected to accelerate.
In the CCI-RC indicator, it is necessary to check whether the CCI line rises above the EMA line.
When the CCI line and the EMA line cross, it is expected that volatility will occur, so trade cautiously.
----------------------------------
(BTC Dominance (BTC.D) 1D Chart)
A decline in BTC dominance is likely to lead to a rise in the price of altcoins.
Conversely, a rise in BTC dominance is likely to lead to a fall in the price of altcoins.
If it falls below the downtrend line (1) or the 43.17 point, it is highly likely that a whipso will occur in the BTC price movement, so you need to be careful when trading BTC.
The volatility period for BTC Dominance is around August 21st (August 20-22).
------------------------------------------------------------
(USDT Dominance (USDT.D) 1D Chart)
Due to the volatility around August 17-23, it has fallen below the 3.009 point, so we have to wait and see if the altcoin bull market can be in full swing.
If the USDT dominance declines, the price of BTC will rise, and the price of altcoins is likely to rise as well.
USDT Dominance falling below the downtrend line (2), indicating that the coin market is moving towards an uptrend.
----------------------------
(USDT 1D Chart)
The USDT chart keeps changing and showing.
It seems that there is a lot of movement of money.
A rise above 62.904B is expected to trigger a new trend in the coin market.
Looking at the USDC 1D chart (), you should watch to see if there is an uptrend along the uptrend line.
I think the rising gap between USDT and USDC shows that money is flowing into the coin market.
Conversely, a fall in the gap indicates that money is flowing out of the coin market.
----------------------------------
(ETH Dominance (ETH.D) 1D Chart)
It is showing a correction in the price of the coin market as it declines from the downtrend line (1).
The volatility between 19-25 August requires a move above the downtrend line (1) to see if the uptrend can be continued.
A rise in ETH dominance could lead to a rise in ETH price.
Also, I think it has some effect on the BTC price.
It remains to be seen if ETH dominance can continue to influence BTC price by continuing its uptrend.
-----------------------------------------------------
(XBTUSD 1M Chart)
All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction.
Looking at the big picture, I think 4-5 waves are going on.
Depending on how you interpret section A, the wave may be different.
Likewise, you need to be more careful in your trading, as the parts that have not yet been created may have the same flow as section A.
The expected ascent section is near the 80574.0-83397.0 section.
This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section.
There are two large resistance zones to move up to the expected zone.
The two large resistance sections are section a and section b.
If it fails to break through section a upward, I think it can represent the same flow as section A.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which 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, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in 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 section where you can buy to make a profit as a support point or section.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
Bitcoin (BTC) - August 21Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(XBTUSD 1W Chart)
If the price is maintained above the 27650.0-29350.0 range, it is expected that the uptrend will continue.
Above the 47010.0 point, it is expected to create a new wave if the price is maintained as a high point.
(1D chart)
The section 46695.0-49518.0 is the section that re-determines the direction.
It is necessary to check whether there is a movement out of the 42084.0-49518.0 section due to the volatility between around August 23-29.
In particular, we need to watch to see if the uptrend continues along the uptrend line (1).
If it falls from the 42084.0-45211.0 zone, it is likely that it will now lead to a downtrend, so you need to trade cautiously.
----------------------------------
(BTCUSDT 1W Chart)
If the price is maintained above the 28130.0-29300.0 range, it is expected that the uptrend will continue.
If the price is maintained above the 40100.0-41950.0 range, it is expected to lead to a full-fledged uptrend.
If it rises above the 46930.0 point, it will enter the high point section.
If the price holds above the 46930.0 point, it is expected to create a new wave.
-------------------------------------
(BTCUSDTPERP 1D Chart)
The section 46559.44-49345.92 is the section that determines the direction.
We need to see if there is any movement out of the 42125.51-49345.92 zone due to the volatility between 19-29 August.
In particular, we need to see if we can break out of the downtrend line (1) as we move up along the uptrend line.
If the price is maintained above the downtrend line (1), the uptrend is expected to accelerate.
If it declines from the 42125.51-45163.36 section, it is now expected to turn into a downtrend and decline.
You should see if the center line rises as the green color of the OBV on the volume indicator increases.
In the CCI-RC indicator, the BTC price is expected to accelerate the upward trend when the CCI line rises above the +100 point, so careful trading is required.
------------------------------------
(BTCKRW 1W chart)
If the price is maintained above the 31662000-35545000 range, it is expected that the uptrend will continue.
In particular, if the price is maintained above the 48550000 point, it is expected to continue a full-fledged uptrend.
We need to see if we can make a new wave by rising above 54964000 and entering the high-end section.
----------------------------------------
(BTC Dominance (BTC.D) 1D Chart)
A decline in BTC dominance is likely to lead to a rise in the price of altcoins.
Conversely, a rise in BTC dominance is likely to lead to a fall in the price of altcoins.
If it falls below the downtrend line (1) or the 43.17 point, it is highly likely that a whipso will occur in the BTC price movement, so you need to be careful when trading BTC.
The volatility period for BTC Dominance is around August 21st (August 20-22).
------------------------------------------------------------
(USDT Dominance (USDT.D) 1D Chart)
Due to the volatility around August 17-23, it has fallen below the 3.009 point, so we have to wait and see if the altcoin bull market can be in full swing.
If the USDT dominance declines, the price of BTC will rise, and the price of altcoins is likely to rise as well.
USDT Dominance falling below the downtrend line (2), indicating that the coin market is moving towards an uptrend.
----------------------------
(USDT 1D Chart)
The USDT chart keeps changing and showing.
It seems that there is a lot of money moving around.
A rise above 62.904B is expected to trigger a new trend in the coin market.
Looking at the USDC 1D chart (), we should see if there is an uptrend along the uptrend line.
I think the rising gap between USDT and USDC shows that money is flowing into the coin market.
Conversely, a fall in the gap indicates that money is flowing out of the coin market.
----------------------------------
(ETH Dominance (ETH.D) 1D Chart)
It is showing a correction in the price of the coin market as it declines from the downtrend line (1).
The volatility between 19-25 August requires a move above the downtrend line (1) to see if the uptrend can be continued.
A rise in ETH dominance could lead to a rise in ETH price.
Also, I think it has some effect on the BTC price.
It remains to be seen if ETH dominance can continue to influence BTC price by continuing its uptrend.
-------------------------------------------
(XBTUSD 1M Chart)
All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction.
Looking at the big picture, I think 4-5 waves are going on.
Depending on how you interpret section A, the wave may be different.
Likewise, you need to be more careful in your trading, as the parts that have not yet been created may have the same flow as section A.
The expected ascent section is near the 80574.0-83397.0 section.
This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section.
There are two large resistance zones to move up to the expected zone.
The two large resistance sections are section a and section b.
If it fails to break through section a upward, I think it can represent the same flow as section A.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which 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, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in 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 section where you can buy to make a profit as a support point or section.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
Bitcoin (BTC) - August 20Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(BTCUSDT 1W Chart)
If the price is maintained above the 28130.0-29300.0 range, it is expected that the uptrend will continue.
If the price is maintained above the 40100.0-41950.0 range, it is expected to lead to a full-fledged uptrend.
If it rises above the 46930.0 point, it will enter the high point section.
If the price holds above the 46930.0 point, it is expected to create a new wave.
(1D chart)
46487.52-49266.69 is expected to re-determine the direction in the section.
Renewing the highs of the 13th of August, we need to see if we can continue the uptrend along the uptrend line.
If the 46487.52-49266.69 zone does not find support and the downside is found, it should find support near the 45135.66 point.
If not, I think it is highly likely to drop to the 40100.0-41950.0 section.
Of the volatility period between around August 20 and around September 1, August 25-27 is a significant period of volatility.
During this period of volatility, we need to see if there is any movement outside the 41950.0-49266.69 interval.
If you look at the 1W chart, you see resistance at the baseline of the Ichimoku Cloud.
The upward trend is expected to accelerate if the price is gradually raised to close above the Ichimoku Cloud's baseline.
That point is the 46930.0 point.
-------------------------------------
(XBTUSD 1W Chart)
If the price is maintained above the 27650.0-29350.0 range, it is expected that the uptrend will continue.
Above the 47010.0 point, it is expected to create a new wave if the price is maintained as a high point.
The volatility period is around August 23-29.
----------------------------------
(BTCUSDTPERP 1D Chart)
The section 46559.44-49345.92 is the section that determines the direction.
If it falls below the 45163.36 point from this uptrend, I think it is highly likely to drop to the 40189.33-42125.51 section.
Accordingly, it is necessary to ensure that the price is maintained above the 45163.36 point.
We need to see if there is any movement out of the range 42125.51-49345.92 due to the volatility between 19-29 August.
If the price is maintained above the previous high of 40189.33-42125.51, the uptrend is expected to continue.
------------------------------------
(BTC Dominance (BTC.D) 1D Chart)
A decline in BTC dominance is likely to lead to a rise in the price of altcoins.
Conversely, a rise in BTC dominance is likely to lead to a fall in the price of altcoins.
If it falls below the downtrend line (1) or the 43.17 point, it is highly likely that a whipso will occur in the BTC price movement, so you need to be careful when trading BTC.
The volatility period for BTC Dominance is around August 21st (August 20-22).
------------------------------------------------------------
(USDT Dominance (USDT.D) 1D Chart)
Due to the volatility around August 17-23, it has fallen below the 3.009 point, so we have to wait and see if the altcoin bull market can be in full swing.
If the USDT dominance declines, the price of BTC will rise, and the price of altcoins is likely to rise as well.
USDT Dominance falling below the downtrend line (2), indicating that the coin market is moving towards an uptrend.
----------------------------
(USDT 1D Chart)
The USDT chart keeps changing and showing.
It seems that there is a lot of money moving around.
A rise above 62.904B is expected to trigger a new trend in the coin market.
Looking at the USDC 1D chart (), you should watch to see if there is an uptrend along the uptrend line.
I think the rising gap between USDT and USDC shows that money is flowing into the coin market.
Conversely, a fall in the gap indicates that money is flowing out of the coin market.
----------------------------------
(ETH Dominance (ETH.D) 1D Chart)
It is showing a correction in the price of the coin market as it declines from the downtrend line (1).
The volatility between 19-25 August requires a move above the downtrend line (1) to see if the uptrend can be continued.
A rise in ETH dominance could lead to a rise in ETH price.
Also, I think it has some effect on the BTC price.
It remains to be seen if ETH dominance can continue to influence BTC price by continuing its uptrend.
-----------------------------------------------------
(XBTUSD 1M Chart)
All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction.
Looking at the big picture, I think 4-5 waves are going on.
Depending on how you interpret section A, the wave may be different.
Likewise, you need to be more careful in your trading, as the parts that have not yet been created may have the same flow as section A.
The expected ascent section is near the 80574.0-83397.0 section.
This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section.
There are two large resistance zones to move up to the expected zone.
The two large resistance sections are section a and section b.
If it fails to break through section a upward, I think it can represent the same flow as section A.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which 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, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in 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 section where you can buy to make a profit as a support point or section.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
Bitcoin (BTC) - August 19Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(XBTUSD 1W Chart)
If the price is maintained above the 27650.0-29350.0 range, it is expected that the uptrend will continue.
Above the 47010.0 point, if the price is maintained as a high point, it is expected to create a new wave.
The volatility period is around August 23-29.
(1D chart)
The section 46695.0-49518.0 is the section that re-determines the direction.
However, it is breaking away from the short-term uptrend line as it is falling from the 45211.0 point.
It is necessary to check whether there is a movement out of the 42084.0-49518.0 section due to the volatility between around August 23-29.
The 38225.0-42084.0 section is the previous high section, and if the price is maintained above this section, the uptrend is expected to continue.
Since it fell after the candle closed in the 46695.0-49518.0 section, if it rises again this time, it is expected to continue the upward trend when it rises above the 46695.0-49518.0 section.
Accordingly, if it falls from the 46695.0-49518.0 section and falls below the 45211.0 point, there is a possibility that it will turn into a downtrend and fall to the 26932.0-29755.5 section.
We believe that this trend will most likely lead to the movement corresponding to the A section described in the XBTUSD 1M chart at the bottom of this chart.
----------------------------------
(BTCUSDT 1W Chart)
If the price is maintained above the 28130.0-29300.0 range, it is expected that the uptrend will continue.
If the price is maintained above the 40100.0-41950.0 range, it is expected to lead to a full-fledged uptrend.
If it rises above the 46930.0 point, it will enter the high point section.
If the price holds above the 46930.0 point, it is expected to create a new wave.
The next significant volatility period is around August 26th.
-------------------------------------
(BTCUSDTPERP 1D Chart)
The section 46559.44-49345.92 is the section that determines the direction.
It is breaking from the short-term uptrend line as it moves lower at the 45163.36 point.
We need to see if there is any movement out of the range 42125.51-49345.92 due to the volatility between August 19-29.
If the price is maintained above the previous high of 40189.33-42125.51, the uptrend is expected to continue.
------------------------------------
(BTCKRW 1W chart)
If the price is maintained above the 31662000-35545000 range, it is expected that the uptrend will continue.
In particular, if the price is maintained above the 48550000 point, it is expected to continue a full-fledged uptrend.
We need to see if we can make a new wave by rising above 54964000 and entering the high-end section.
----------------------------------------
(BTC Dominance (BTC.D) 1D Chart)
A decline in BTC dominance is likely to lead to a rise in the price of altcoins.
Conversely, a rise in BTC dominance is likely to lead to a fall in the price of altcoins.
If it falls below the downtrend line (1) or the 43.17 point, it is highly likely that a whipso will occur in the BTC price movement, so you need to be careful when trading BTC.
The volatility period for BTC Dominance is around August 21st (August 20-22).
------------------------------------------------------------
(USDT Dominance (USDT.D) 1D Chart)
Due to the volatility around August 17-23, it has fallen below the 3.009 point, so we have to wait and see if the altcoin bull market can be in full swing.
If the USDT dominance declines, the price of BTC will rise, and the price of altcoins is likely to rise as well.
USDT Dominance falling below the downtrend line (2), indicating that the coin market is moving towards an uptrend.
----------------------------
(USDT 1D Chart)
The USDT chart keeps changing and showing.
It seems that there is a lot of money moving around.
A rise above 62.904B is expected to trigger a new trend in the coin market.
Looking at the USDC 1D chart (), we should see if there is an uptrend along the uptrend line.
I think the rising gap between USDT and USDC shows that money is flowing into the coin market.
Conversely, a fall in the gap indicates that money is flowing out of the coin market.
----------------------------------
(ETH Dominance (ETH.D) 1D Chart)
It is showing a correction in the price of the coin market as it declines from the downtrend line (1).
The volatility between the 19th and 25th of August should move above the downtrend line (1) to see if the uptrend can be continued.
ETHUSDT 1D Chart ()
A rise in ETH dominance could lead to a rise in ETH price.
Also, I think it has some effect on the BTC price.
It remains to be seen if ETH dominance can continue to influence BTC price by continuing its uptrend.
-----------------------------------------------------
(XBTUSD 1M Chart)
All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction.
Looking at the big picture, I think 4-5 waves are going on.
Depending on how you interpret section A, the wave may be different.
Likewise, you need to be more careful in your trading, as the parts that have not yet been created may have the same flow as section A.
The expected ascent section is near the 80574.0-83397.0 section.
This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section.
There are two large resistance zones to move up to the expected zone.
The two large resistance sections are section a and section b.
If it fails to break through section a upward, I think it can represent the same flow as section A.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which 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, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in 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 section where you can buy to make a profit as a support point or section.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)