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Bitcoin (BTC) - October 2Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (USDT 1D Chart) (USDC 1D Chart) You can see that funds are flowing out of the coin market through USDC over and over again. Therefore, it is necessary to trade cautiously until the funds flow again. (USDT.D 1D Chart) For the coin market to continue its upward trend, the USDT dominance should drop to 4.97-5.53. -------------------------------------------- (BTCUSDTPERP 1D Chart) - If it rises above 20794.4, the main position is 'LONG'. - The 19424.9-20794.4 section is a quick response section. - If it falls below 19424.9, the main position is 'SHORT'. It does not rise above 20122.5 and shows a downward trend. Therefore, if it is supported and rises near 19424.9 this time, the key is whether it can rise above 20122.5. Otherwise, it is expected to decline to the 17670.0-18374.1 segment. The Stoch RSI indicator is expected to break out of the overbought zone. Therefore, it is necessary to identify where support and resistance will be found when the overbought zone is broken. The price must remain above the HA-Low indicator to transition to an uptrend. So, you need to see if you can keep the price above 19424.9. To sustain the uptrend, the price must remain above the HA-High indicator. So, it should either rise above 20794.4, or shake it up and down to make the HA-High indicator fall. Even if it rises because funds are continuously flowing out of the coin market, it may be a movement to outflow more funds rather than leading the coin market to an uptrend, so you need to be careful when trading. Although the USDC market is not as active as the USDT market, it has a lot of connections with the stock market outside of the coin market. Therefore, we believe that the outflow of funds through USDC is likely to be decoupled from the charts of the stock market in the future, resulting in movement. However, for a large decoupling to occur, it is expected that USDC must have fallen below 42.563B. In line with the outflow of funds through USDC, funds flowed through USDT. If additional funds flow through USDT and rise above 68.468B, there is a possibility that the coin market will show an upward trend. However, for this uptrend to continue, the outflow of funds through USDC must stop. (1h chart) main section - 20794.4-21826.1 - 19424.9-20122.5 - 18374.1-18895.1 It is expected that movement will be determined by support or resistance in key sections. Therefore, a quick response is required in major sections. If it rises this time and finds support at 19424.9, Primary resistance: 19.8K Secondary resistance: 20.1K You need to make sure you get resistance at the primary and secondary resistance points. If you find resistance below the downtrend line (1) and below 19.2K, you should see support near 18.6K. ------------------------------ - big picture I think you need to be supported in the 13K-15K section to gain the strength to rise. So, whether it rises or falls from its current position, both require a short-term response. A full-fledged uptrend is expected to begin when it rises above 29K. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** If you share this chart, you can use the indicators normally. ** The MRHAB-T indicator contains indicators that indicate support and resistance points. ** SR_R_C indicators are displayed as StochRSI(line), RSI(columns), CCI(bgcolor). ** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100). (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
Bitcoin (BTC) - September 29Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (USDT 1D Chart) (USDT 1D Chart) A gap in USDT and USDC charts indicates an inflow or outflow of funds. Candles are drawn as funds are utilized in the coin market. USDC's outflow of funds continues. Therefore, you need to be careful in trading. The reason that the coin (token) price rises as the funds flow out is because it may be a movement to outflow the funds again. (USDT.D 1D Chart) (USDC.D 1D Chart) Dominance also indicates that when a gap occurs, funds will flow in or out. Candles are drawn as funds are utilized in the coin market. Therefore, when the candle shows a decline, it can be interpreted that the coin (token) is being bought in the coin market. In the opposite case, it can be interpreted as selling coins (tokens). However, it is highly likely that the charts related to the market cap for stablecoins will show a steady upward trend. The reason is that funds are flowing into or out of the coin market. Hope you don't confuse the benefits. ----------------------------------------------------- (NASDAQ100 1D Chart) After a period of volatility, it rose to around 11475.5. The key is whether it can be supported near 11475.5. If not supported, it is likely to move towards the 10666.6 area. The next volatility period is around October 14th. ----------------------------------------------------- (BTCUSDT 1D Chart) The key is whether the price can hold above the uptrend channel (1) formed by the long-term uptrend line, above 19426.43. The HA-Low indicator is passing near 19426.43, so if you can sustain the price above that, it is likely to turn into an uptrend. However, in order to continue the upward trend, it must rise above the HA-High index, so it should rise to around 20798.16 at the current price point. As mentioned in the description of the perpetual futures chart, the BTCUSDTPERP chart, the 19.4K-20.7K zone requires a quick response. This means that the price range is large and can move quickly. As the inflow and outflow of funds in the coin market is in progress, the volatility of the price is likely to increase. As the price rises, the power of funds is needed to keep the price rising. However, it seems that the funds in the current coin market are flowing out through USDC, so you need to be careful in trading. This is because investment companies with strong financial power are likely to increase the price to get more money back if they sell when the price is falling, as the price is more likely to plummet. Therefore, there is a possibility that the section 21475.02-21838.98 is a turning point. If the price is maintained beyond this range, altcoins are also expected to show an upward trend. Otherwise, even a small drop in BTC price is expected to cause altcoins to decline significantly compared to the BTC drop. Currently, the coin market is forming a very difficult market for short-term and same-day trading in the spot market. Accordingly, it is necessary to think about ways to increase the number of coins (tokens) by understanding the movement of the coins (tokens) you have. If you are unfamiliar with same-day, short-term trading, it is better to just check the market flow. ------------------------------ - big picture I think you need to be supported in the 13K-15K section to gain the strength to rise. So, whether it rises or falls from its current position, both require a short-term response. A full-fledged uptrend is expected to begin when it rises above 29K. ------------------------------------------------------------ ----------------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** If you share this chart, you can use the indicators normally. ** The MRHAB-T indicator contains indicators that indicate support and resistance points. ** SR_R_C indicators are displayed as StochRSI(line), RSI(columns), CCI(bgcolor). ** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100). (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
5
Bitcoin (BTC) - September 27Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (USDT 1W chart) (USDT 1W chart) (USDT.D 1D Chart) (USDC.D 1D Chart) Money flows into or out of the coin market through stable coins such as USDT and USDC. As proof of that, it can be seen that funds moved to create a gap in the charts of USDT and USDC. In other words, when the gap rises, USDT and USDC are newly issued and funds flow into the coin market. When the gap falls, the stablecoins issued by USDT and USDC are converted into fiat currencies, resulting in an outflow of funds from the coin market. A gap has occurred on the USDT chart and moved higher to around 68.468B. A gap has occurred on the USDC chart, dropping significantly below 52.246B. Judging by these movements, we can see that funds from all over the world flowed into the coin market through USDT. The majority of these funds are likely to be Chinese capital. In addition, we can see that the funds have flowed out of the coin market in large numbers through USDC. The majority of these funds are likely to be US capital. Therefore, it can be seen that a large amount of funds were leaked to the coin market due to bad news from the United States. It is also necessary to check whether these funds are flowing into the stock market. US money is likely to come from investment companies. This is due to the strong movement to link the coin market to the stock market, which is expected to increase the likelihood of significant volatility in the investment market in the future. As funds flowed out into the coin market, the possibility of decoupling the coin market and the stock market increased, so when the stock market rose, the coin market was more likely to fall. If it ends with this one transfer of funds, the volatility of the coin market will not cause a panic shell. However, if more funds flow out of the coin market when additional money flows occur, the coin market is more likely to panic. As always, we expect the same thing to happen this time around as the money moves first and then the charts are drawn accordingly. ------------------------------------------- (BTCUSDTPERP 1D Chart) - If it rises above 20794.4, the main position is 'LONG'. - The 19424.9-20794.4 section is a quick response section. - If it falls below 19424.9, the main position is 'SHORT'. To convert into an uptrend, the price must rise above the minimum uptrend line (1) and hold it. If not, you should be careful with the trade as it is likely a bearish rebound. At this time, the key is whether it is supported in the 17670.0-18374.1 section. If it is not supported, it is expected that it will move towards the 15908.2 level. Even if BTC rises, as explained above, it is not expected that the uptrend will be large as long as there is a large amount of money outflow from the coin market. However, if additional funds flow into the coin market through USDT and rise above 68.468B, there is a possibility that the uptrend of the coin market will be maintained. However, since the funds were outflowed through USDC, the possibility of decoupling the coin market and the stock market has increased. This outflow of funds further reduces the trading volume and increases the possibility of large volatility. If the money doesn't come back, the end is most likely a big drop. Therefore, in this market situation, what we can do is to preserve profit and loss. If so, selling 100% of all holdings can lead to double losses in the large volatility that will occur in the future, so you should aim. For large volatility, please refer to the BTCUSDT 1M chart () with the rising and falling rates. The volatility of BTC is likely to be between -25% and +25%. Accordingly, altcoins are likely to be between -50% and +50%. However, the rise rate of altcoins is not expected to be very high, and the decline rate is likely to be even greater. ------------------------------ - big picture I think you need to be supported in the 13K-15K section to gain the strength to rise. So, whether it rises or falls from its current position, both require a short-term response. A full-fledged uptrend is expected to begin when it rises above 29K. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** If you share this chart, you can use the indicators normally. ** The MRHAB-T indicator contains indicators that indicate support and resistance points. ** SR_R_C indicators are displayed as StochRSI(line), RSI(columns), CCI(bgcolor). ** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100). (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
4
Altcoins' last bull rally before a tumble?In this graph we have the dominance of altcoins disregarding stable coins. The calculation is done as follows: TOTAL = Crypto Total Market Cap TOTAL2 = Crypto Total Market Cap excludes BTC USDT = Market Cap of stable coin USDT USDC = Market Cap of stable coin USDC DAI = Market Cap of stable coin DAI So: Altcoins Dominance % = (CRYPTOCAP:TOTAL2-CRYPTOCAP:USDT-CRYPTOCAP:USDC-CRYPTOCAP:DAI)/CRYPTOCAP:TOTAL*100 Looking at the chart the index is in a bearish channel. It will apparently test the top of the channel at wave 4 resistance. If this channel breaks, we will have an extremely bullish scenario, surpassing all expectations, due to the horrible macro scenario. Otherwise the downtrend continues, heading towards the end of wave 5.
CRYPTOCAP:TOTAL2Long
by andre_007
Bitcoin (BTC) - September 19Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDTPERP 1D Chart) - If it falls below 19424.9, the main position is 'SHORT'. - The 19424.9-20794.4 section is a quick response section. - If it rises above 20794.4, the main position is 'LONG'. It is important to know where the Stoch RSI finds support and resistance when it breaks out of the oversold zone. The key is whether it can move higher than 20122.5 to enter the short-term bullish channel. If it does not enter a medium-term bearish channel, it is expected to rise. ------------------------------ - big picture I think you need to be supported in the 13K-15K section to gain the strength to rise. So, whether it rises or falls from its current position, both require a short-term response. A full-fledged uptrend is expected to begin when it rises above 29K. ------------------------------------------------------------ ----------------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
5
Bitcoin (BTC) - September 18Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDT 1D Chart) Resistance: 22753.10-23949.03 Support: 19426.43-20663.25 If the price is maintained by rising above the HA-High indicator of 20663.25, it is expected to show an upward trend. If it falls below 19426.43, I expect it to fall below 1853.11. Therefore, it is important to be able to support and rise in the 19426.43-20663.25 section. The Stoch RSI indicator is entering the oversold zone. Therefore, it is important to know where you find support and resistance when you break out of an oversold zone. The MACD-P indicator is showing signs of going down. When the MACD-P indicator creates a horizontal line, we need to see if we can sustain the price above that point. It is expected that the market will be boring for the time being, as the volatility and duration of fluctuations appear to be decreasing. Therefore, it is expected that altcoins will be active until large volatility in the BTC price occurs. ------------------------------ - big picture I think you need to be supported in the 13K-15K section to gain the strength to rise. So, whether it rises or falls from its current position, both require a short-term response. A full-fledged uptrend is expected to begin when it rises above 29K. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
2
Bitcoin (BTC) - September 17Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDTPERP 1D Chart) As the HA-High index declines, the key is whether it can support and rise in the 19424.9-20662.9 zone. - If it falls below 19424.9, the main position is 'SHORT'. - The 19424.9-20662.9 section is a quick response section. - If it rises above 20662.9, the main position is 'LONG'. The Stoch RSI indicator has entered the oversold zone. So, we can see that the Stoch RSI indicator will turn to an uptrend in the near future. However, since the Stoch RSI indicator needs to get out of the oversold section to know if it can turn into an uptrend, it is recommended to check the flow after breaking out of the oversold section and respond to it. When the Stoch RSI moves out of the oversold zone, it is important to see where support and resistance are found. If the CCI line falls below the EMA line, BTC is likely to see a downtrend. Therefore, if it does not fall in the current zone, BTC is likely to show an uptrend. For BTC to continue its upward trend, it must rise above the HA-High indicator of 20662.9. However, when rising Primary resistance: around 21481.1 Secondary resistance: 22570.6-23937.1 ------------------------------ - big picture I think you need to be supported in the 13K-15K section to gain the strength to rise. So, whether it rises or falls from its current position, both require a short-term response. A full-fledged uptrend is expected to begin when it rises above 29K. ------------------------------------------------------------ ----------------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
Bitcoin (BTC) - September 16Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDT 1D Chart) The HA-Low and HA-High indicators started to fall and form a horizontal line. - HA-Low indicator point: 19622.58, - HA-High indicator point: 20663.25 Therefore, if the price is supported near 20663.25 and rises above 20663.25 to maintain the price, it can be interpreted as highly likely to show an uptrend. However, if support is confirmed by rising above the 19946.21 point, it is highly likely to lead to further upside. If the price is maintained by rising above the HA-High indicator, it is highly likely that the uptrend will continue. However, the section 22753.10-23949.03 where the horizontal line of the HA-High index passes can be a resistance section. Therefore, in order to lead to a full-fledged upward trend, it is expected that it will need to rise above the 22753.10-23949.03 section. There are several trend lines drawn on the chart. In particular, we need to see if we can move along the #1 uptrend line and near the #2 uptrend line. Uptrendline 1 is a long-term trendline, and if it falls below this trendline, i.e. below 18353.11, there is a possibility of a sharp decline. The uptrend line #2 is the medium term trendline, which was newly drawn this week. Therefore, an uptrend along this trendline is expected to lead to an attempt to break through the medium-term downtrend line. In the short term, a diffusion channel has formed, making it more likely that volatility will increase. The Stoch RSI indicator is expected to enter the oversold zone in the near future. Accordingly, it is necessary to identify where support and resistance are found when the oversold zone is broken. If CCI remains below the EMA line, BTC could lead to further declines, so countermeasures should be taken into account. ------------------------------ - big picture I think you need to be supported in the 13K-15K section to gain the strength to rise. So, whether it rises or falls from its current position, both require a short-term response. A full-fledged uptrend is expected to begin when it rises above 29K. ------------------------------------------------------------ ----------------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
3
Bitcoin (BTC) - September 15Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDTPERP 1D Chart) The key is whether it can rise above 20662.9 to find support. To do this, it is necessary to check whether it is supported in the 19424.9-20122.5 section. A break below 19424.9 is likely to revert back into the medium-term bearish channel. If this happens, it could drop below 18374.1, so be careful. The main position was 'SHORT' as it fell below 20794.4. However, since the HA-Low indicator is formed around 19424.9, it is the primary support point. The second support point is around 18374.1. Since the HA-High indicator was formed at the 20662.9 point, we expect an uptrend if it gains support above 20662.9. However, since the HA-Low indicator of the 1W chart is formed at the 21826.1 point, it is the primary resistance point. The second resistance section is the section 22751.23937.1 where the HA-High indicator forms a long horizontal line. Therefore, 20662.9 and above has a 'LONG' main position. - The RSI and Stoch RSI indicators are out of the overbought zone. Even when the Stoch RSI indicator enters the oversold zone, you need to check whether the 19424.9-20122.5 zone is supported. - If the CCI line falls below the EMA line, BTC is likely to see a downtrend. Therefore, it became even more important to keep the price above 19424.9. The next volatility period is around October 6th. ------------------------------ - big picture I think you need to be supported in the 13K-15K section to gain the strength to rise. So, whether it rises or falls from its current position, both require a short-term response. A full-fledged uptrend is expected to begin when it rises above 29K. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
2
Bitcoin (BTC) - September 14Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDT 1D Chart) The MS-Signal indicator is passing near 20798.16, so the key is whether it can rise above 20798.16. The MS-Low indicator renewed downward and is located near 19695.87. Accordingly, it is necessary to check whether it can be supported in the section 19695.87-20131.46. The MS-High indicator is showing signs of going down. However, it seems that the exact point will be known only when the candle is closed. A medium-term bearish channel is forming below 19695.87. If you hold the price above the bearish channel, it is expected to rise. RSI and Stoch RSI indicators are expected to break out of the overbought zone. When you break out of the overbought zone, you need to check where support and resistance are found. If you see sharp rises and sharp declines, then reversals and rebounds will follow. The section that needs to be supported to show an uptrend is the section 20798.16-21838.98. We should rebound and see if we can find support by moving up near 21475.02. In the medium term, if the CCI line remains above the EMA line, it is expected to continue its uptrend. If resistance is found at 18353.11, I would expect a move towards the 15916.68 area. The next volatility period is around September 25th. ------------------------------ - big picture I think you need to be supported in the 13K-15K section to gain the strength to rise. So, whether it rises or falls from its current position, both require a short-term response. A full-fledged uptrend is expected to begin when it rises above 29K. ------------------------------------------------------------ ----------------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
6
Bitcoin (BTC) - September 13Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDTPERP 1D Chart) The section 22751.0-23937.1 is the section where the HA-High indicator passes. Therefore, if support is found in the 22751.0-23937.1 section, it is expected to lead to further upside. For that reason, it is important to maintain the price above the 20794.4-21826.1 section. Since the volume profile section is formed at the 24294.1 point, it is necessary to check whether it can rise above 24294.1. - In the section 21481-21826.1 or higher, the main position is 'LONG'. - The RSI, Stoch RSI, and CCI(9) indicators are all in the overbought zone. So, when you break out of an overbought zone, you need to check where you find support and resistance. Entering an overbought or oversold zone does not mean that it does not rise or fall, but it should be interpreted as meaning that it may be constrained. Therefore, when entering the overbought zone, if you see resistance at the support and resistance points, you need to sell in installments to confirm your profit. Conversely, when it enters the oversold zone and shows support, it proceeds to buy in installments. However, since you do not know how far it will fall, you should buy it with a low investment weight. - Accordingly, it is necessary to adjust the investment weight as there is a possibility that it will face resistance at any time and decline. Summarizing the above, in order to take the main position as 'SHORT', it is necessary to check at which point support or resistance is found when out of the overbought zone before entering. - Also, if the price is maintained above the HA-High index, it is highly likely that the uptrend will continue. Therefore, if the price continues to rise above the 22751.0-23937.1 section, it is expected to rise to around 27054.1. The next volatility period is around October 6th. ------------------------------ - big picture I think you need to be supported in the 13K-15K section to gain the strength to rise. So, whether it rises or falls from its current position, both require a short-term response. A full-fledged uptrend is expected to begin when it rises above 29K. ------------------------------------------------------------ ----------------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
Bitcoin (BTC) - September 12hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDTPERP 1W Chart) The key is whether it can move above 21481.1 to break out of the medium-term bearish channel. (1D chart) It depends on which direction you deviate from the 20798.16-21838.98 section that connects the important points on the 1W chart. - A move above 21838.98 is expected to move towards the upper end of the Bollinger Bands at 23948.63. - If it falls below 20798.16, it is expected that it will decline to around 19695.87, near the lower end of the Bollinger Bands. - The MS-Signal indicator is showing signs of transition to an uptrend. So, if you hold the price above 20798.16, it is likely to move higher. However, the RSI, Stoch RSI and CCI(9) indicators are entering the overbought zone. Therefore, it is important to keep the price above 20798.16 when it breaks out of the overbought zone. If not, it could lead to further declines, so be careful. If you take a look at the previous moves, you'll find out why. - If the price is maintained above the HA-Low and MS-Signal indicators, it is expected to turn into an uptrend. However, in order to continue the upward trend, it must rise above the HA-High index. Therefore, it is necessary to check whether the HA-Signal indicator on the 1W chart rises above 21826.1, the point of the HA-Signal indicator, and shakes up and down to make the HA-Signal indicator decline. Otherwise, we should also see if we can rise above 22937.1 by going up like this. - Since it is located near the 21838.98 point, which is the HA-Low indicator point on the 1W chart, if it rises above 21838.98, the main position is 'LONG'. - If it declines from 20798.16, the main position is 'SHORT'. - The section 21475.02-21838.98 is a search section, so you need to be careful when entering a new position. - The section 20798.16-21475.02 is expected to require a quick response as whipsaw may occur due to rapid movement. ------------------------------ - big picture I think you need to be supported in the 13K-15K section to gain the strength to rise. So, whether it rises or falls from its current position, both require a short-term response. A full-fledged uptrend is expected to begin when it rises above 29K. ------------------------------------------------------------ ----------------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
1
Bitcoin (BTC) - September 11Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDT 1D Chart) Resistance: 22753.10-23949.03 - In order to switch to an uptrend, it needs to be supported in the 19946.21-21873.46 section. - In order to continue the upward trend, it must rise above the HA-High indicator. Therefore, there should be a movement whether it rises as it is and rises above 23949.03 or shakes it up and down to make the HA-High indicator decline. - The 21838.98 point is the HA-Low indicator point on the 1W chart, so if it rises and is supported, it is expected to lead to further upside. - The RSI, Stoch RSI, and CCI(9) indicators are all located in the overbought zone. Therefore, the key is whether it is supported above the MS-Signal indicator (19946.21-21838.98) when it is all out of the overbought zone. If not, you should be cautious as this could lead to further declines. -------------------------------------------- - The method of buying when the price rises is called breakout trading. - What is important in breakout trading is how important the breakout point is. Therefore, it is not always a breakout trade. The 21838.98 point is the point of the HA-Low indicator on the 1W chart, and when viewed on the 1W chart, it is the point for turning into an uptrend. Therefore, if it rises above this point and is supported, it can be interpreted that it is highly likely to turn into an uptrend in the medium term. For this reason, the 21838.98 point is an important point. - Also, what is important in breakout trading is the trading volume. This is because, when breaking through an important point, it is necessary to break through strongly to increase the likelihood of receiving support after breaking through. However, there is one thing to note here. The coin market shows different trading volumes on different exchanges. Therefore, it is unreasonable to judge the situation by the trading volume, so the reference of the trading volume is less important than the stock market. For the same reason as above, we have created an indicator that corresponds to OBV in the trading volume indicator. When the OBV center line rises, it can be interpreted that the volume is increasing overall. Also, when the color of the center line is Aqua, it can be interpreted that the overall buying trend is increasing. And, if the green width increases based on the center line, it can be interpreted that the buying trend is increasing during the 5ma period. In this way, it was made to understand the distribution of the trading volume by the increase in the trading volume and the increase in the buying force. Therefore, if the green width increases when breaking through the 21838.98 point, it can be judged that the breakthrough has been strong. - The upward trend can be continued only when the price is maintained above the HA-High index. Therefore, when viewed from the current HA-High indicator position, it should rise more than the 22753.10-23949.03 section. Looking at the previous trend, we can see that a decline from the HA-High indicator will lead to a big decline. So, if you made a breakout trade, you need to split and sell in the section 22753.10-23949.03 to confirm the profit. Then, while showing support in the 22753.10-23949.03 section, when it rises, you can buy more or maximize your profit with the number of remaining coins (tokens). Breakthrough trading is a short-term trading method. Therefore, if the price falls after the price rises, the breakout point or the average purchase price becomes the Stop Loss point. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
1
RLinda ! BTCUSDT-> Global TA. What's on the chart?BTCUSDT. Why I think that in the global perspective bitcoin has no energy for growth (I am guided by technical analysis without fundamentals and "pump" theory): We have a global downtrend channel that started with the peak of the "H&S" pattern from November 2021. Price has tested the resistance three times without the possibility of a breakout. There is strong resistance from the daily timeframe through the channel. Resistance is formed from the left shoulder of the "H&S" pattern and was tested in March 2022. Thus, we see a strong zone of resistance, which is above the channel resistance. Locally: price is trading in the 24100-18500 range, from the support we see a strong impulse rise, on the lower timeframe it looks like a distribution and price is expending energy for a possible breakdown of the resistance zone. I think that the distribution might end up near the resistance area of the global channel and I expect a downside rather than upside and think that the bitcoin might be trading inside the range for some time yet. The short term target is support at 18500. Regards R. Linda!
Short
by RLinda
28
Bitcoin (BTC) - September 10Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTC.D 1D Chart) The rise in BTC dominance can be interpreted as a concentration of funds towards BTC. (USDT.D 1D Chart) A decline in USDT dominance can be interpreted as a high probability that the coin market will rise. Therefore, it can be said that BTC is leading the movement of the coin market with the rise of BTC dominance and the decline of USDT dominance. If this movement continues, most altcoins will likely go sideways or decline. However, if the BTC price rises to some extent and goes sideways or rises slowly, the altcoins will start pumping. --------------------------------------------- (BTCUSDTPERP 1W Chart) The key is whether it can move above 21481.1 to break out of the medium-term bearish channel. (1D chart) If the price is maintained above the HA-Low and MS-Signal indicators, it is expected to turn into an uptrend. However, in order to continue the upward trend, it must rise above the HA-High indicator. Therefore, it is necessary to check whether the HA-Signal indicator on the 1W chart rises above 21826.1, the point of the HA-Signal indicator, and shakes up and down to make the HA-Signal indicator decline. Otherwise, we should also see if we can rise above 22937.1 by going up like this. - The main position is 'LONG' because it has risen above the HA-Low indicator. However, you need to be careful as it may receive resistance and decline in the 21481.1-21826.1 section. Point 21826.1 is the point where the HA-Low indicator of the 1W chart passes. So, if we find support at 21826.1, we expect it to lead to further gains. If you receive resistance in the 19424.9-19930.6 section, your main position is 'SHORT'. - Analyzing charts with trends is just analysis and there is a limit to using it for trading. So, no matter how you analyze it, you need to select support and resistance points in order to trade. The current chart is a trend analysis, but you can create a trading strategy by using the horizontal points of the HA-Low, HA-High, and MACD-P indicators as support and resistance points. Therefore, what kind of trading strategy you create at the selected support and resistance points will determine the winning or losing of the trade. ------------------------------ - big picture I think you need to be supported in the 13K-15K section to gain the strength to rise. So, whether it rises or falls from its current position, both require a short-term response. A full-fledged uptrend is expected to begin when it rises above 29K. ------------------------------------------------------------ ----------------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
1
Bitcoin (BTC) - September 9Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDT 1D Chart) In order to transition into an uptrend, support should be found in the 19946.21-21873.46 section. Looking at the previous trend, it can be seen that about 50% of the sharp decline has rebounded. Therefore, about 50% of the fluctuation that has declined since August 15th is expected to rebound. Therefore, assuming that the 18353.11 area is a low, it is expected to rise to around 21K. The RSI indicator is located in the oversold zone. Therefore, it is more likely to decline or go sideways rather than rebound. Short-term traders should be wary of whipsaws. --------------------------------------------- When the price is in an uptrend, you only need to think about the point to sell in installments. However, in a downtrend, you should also consider where to buy in installments and how to increase the number of coins (tokens) you hold. That's why you have to think more and be busier when you're in a downtrend than when you're in an uptrend. Buying when transitioning from a downtrend to an uptrend will give you more coins (tokens). However, the point where you thought it had turned to an uptrend would have already gone up a lot. Therefore, it is necessary to acquire cash income by aggressively buying in the section where there is a high probability of turning into an uptrend or to increase the number of coins (tokens) held. The current price range is an important section as the previous high. The section that is considered to be a further downtrend is the 13K-15K section. If you are experiencing large temporary volatility, you may be able to touch around 11K. By making aggressive purchases in these areas, you need to increase your cash income or the number of coins (tokens) you own through short-term trading. To understand this movement, you can refer to indicators or lines that correspond to the trend line. However, what matters is how to find support and resistance lows. MS-Signal, MACD-P, HA-Low and HA-High displayed in this chart are trend indicators. Also, the point where MACD-P, HA-Low and HA-High form a horizontal line can be used as support and resistance points. A reversal to an uptrend only requires seeing support above the MS-Signal and HA-Low indicators. Therefore, it is enough to confirm that it is supported by ascending from the current position to the section 19946.21-21873.46. ------------------------------------------------------------ ----------------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
2
RLinda ! FLMUSDT-> Breaking the resistance line. What's next?FLMUSDT The main trend on the chart is downward. For a long time the coin is moving behind the cryptocurrency market - going down. According to the price highs we can determine the formation of the resistance trend line and we can see how today the price breaks the downward line upwards and the price impulsively tests the resistance at 0.1210. The price tested the resistance many times before, but after shallow false breakdowns we see the continuation of the fall without the possibility of updating the price highs - the buyers did not have the strength. At this point we see a positive reaction and are able to identify the potential for further targets. I assume that the breakdown can be a true one, and on the retest the price can break through the resistance at 0.1210 and continue its growth against the trend. The short-term target is the resistance at 0.1483, and the medium-term target is 0.1866 Regards to R. Linda!
Long
by RLinda
11
RLinda ! XRPUSDT-> Trend change. Price is testing resistance XRPUSDT. On the chart, we see the change of the uptrend to bearish and a good opportunity to enter the market, as the price is trading near the resistance zone. On the chart, we can see that from the support 0.2935, the price forms an upward price channel, but could not get above the level of 0.3875, the price made only a false resistance breakout and started to change the trend. We can see a change in the trend, formation of the range boundaries, thus we can identify the boundaries of the downward price channel. The price rolls back to the resistance area and consolidates under the trend line after the false breakout I assume that after testing the resistance zone we may see the price fall along the trend line. The short-term target is the support and liquidity zone 0.2935 Regards R. Linda!
Short
by RLinda
10
Bitcoin (BTC) - September 8Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDTPERP 1D Chart) To turn into an uptrend, it must rise above 20220.1. To do that, we need to make sure that it can be supported by 19424.9 or later. Otherwise, it is expected to fall below 18374.1. - The RSI indicator is not out of the oversold zone, and the Stoch RSI indicator is out of the overbought zone. Therefore, the trend is mixed. - The key question is whether the volatility around September 11 can break out of the medium-term downtrend channel. - To enter a new position, The section 19424.9-20220.1 requires a quick short-term response. If support is confirmed by rising above 20220.1, the main position is 'LONG'. If you see resistance after falling from 19424.9, your main position is 'SHORT'. ------------------------------ - big picture I think you need to be supported in the 13K-15K section to gain the strength to rise. So, whether it rises or falls from its current position, both require a short-term response. A full-fledged uptrend is expected to begin when it rises above 29K. ------------------------------------------------------------ ----------------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
1
RLinda ! BTCUSDT-> Big sales, support test. What's next? BTCUSDT breaks the 19830 limit zone and forms a strong bearish momentum within the bearish price channel and thus tests the 18626 support level and channel support. We see price making a false breakout and starting to form a pullback Since we have a strong bearish trend, I think that the momentum might not be over and if the price stops and goes back to retest 18626 support, breaks through the support and consolidates under it, there is a chance that it will continue going down to 17622. But we have a false-break of the price channel, and the price reacted strongly to that support trendline, so chances are high for the price to retrace to the resistance at 19830. I assume that the fall will continue, but we have to wait to see what the price will show. If the price starts to test 18626, then we look for an entry point near this level. If the price continues to form a pullback, then we look for resistance 19830. Regards R. Linda!
Short
by RLinda
26
Bitcoin (BTC) - September 7Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDT 1W Chart) We expect the Stoch RSI indicator to enter the oversold zone in the near future. This time, when the Stoch RSI indicator is out of the oversold zone, it is necessary to check whether the RSI can also get out of the oversold zone. (1D chart) It decreased from 19695.87 to the vicinity of line 1. It is necessary to check whether it can be supported by 18353.11 or later. - In order to switch to an uptrend, it must rise above 20241.05. - In order to continue the upward trend, it must rise above 22579.68. - On the 19th day, the RSI indicator is located in the oversold zone. When the Stoch RSI indicator moves out of the oversold zone or turns upward, it is necessary to check whether the RSI indicator can also break out of the oversold zone. ------------------------------------------- (BTC.D 1D Chart) Here's how BTC Dominance fell after the rise in the gap. The decline in BTC dominance means that funds are concentrated towards altcoins. Therefore, it is highly likely that BTC price whips and volatility will easily occur. Therefore, short-term traders should be wary of whipsaws. (USDT.D 1D Chart) Here's how USDT Dominance moved up after the gap went up. When USDT dominance declines, it is highly likely that the coin market will rise. (ETH.D 1D chart) If ETH dominance is maintained at or above 18.54-20.13, ETH price is expected to rise. However, it is not known whether ATH can be renewed, so it is necessary to trade cautiously. ----------------------------------------- BTC is expected to eventually touch around 13K-15K. So, buy when it falls near 13K-15K and wait for it to rise. However, it is not easy to buy because I think it will go down further when it falls near 13K-15K. So, when to buy is when the price rises above the MA-Signal indicator and the MA-Signal indicator is a bullish indicator. So, it is better not to think of buying at the lowest point. Given the relationship between the RSI indicator and the Stoch RSI indicator, which continues to be an example, anyone can make an aggressive buy at a low price. This aggressive purchase is a short-term transaction, and when the price rises, it is important to increase the number of coins (tokens) you have by selling as much as possible as much as possible. (From a mid- to long-term perspective) ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto