Bitcoin (BTC) - August 1Hello?
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(BTCUSDTPERP 1D Chart)
After breaking above the 60 SMA level, support has not yet been confirmed.
So, you need to make sure it keeps the price above 22751.0.
In the Long/Short-S indicator, the oversold and overbought sections of the RSI are expressed as a background color.
In the CCI-C indicator, when the short-term CCI line is below -100 and above +100, oversold and overbought sections are expressed as background colors.
There are differences in the trading method depending on the investment period.
Therefore, it is recommended to select an investment period first and start trading before starting trading.
It can be very unfavorable to look at a 1D chart and trade for same day trading.
Therefore, in order to trade on the same day, it is recommended to trade by looking at the minute chart or hour chart.
Determining the investment period first, starting a trade, and then changing the investment period according to the fluctuation of the price can be one of the factors that makes the trade unsuccessful.
For example, trying to sail farther than your destination with a tank of oil to sail to your destination is the same as having to settle at your destination because you can drift in the open sea.
In order to change the investment period during profit or loss, it is necessary to respond accordingly.
In order to hold a position for a longer period of time, a split liquidation should relieve the psychological pressure of price volatility.
( 1h chart)
** On the 1h chart, a sharp move is likely to occur, so a short-term response is recommended.
You need to make sure it is supported in the section 23437.6-23772.9.
If unsupported, I would expect a move towards the 22751.0 area.
- If the HA-High indicator creates a long horizontal line, it is more likely to decline,
- When the HA-Low indicator creates a long horizontal line, it is more likely to rise.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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