Reject50Shooting.DStarUSDT-BearMAThe purple highlighted candlestick line is a shooting star.
We have a rejection here at EMA50.
The next bearish candle works as confirmation.
Closing below EMA10 gives double confirmation.
And the bear flag works as continuation.
I will show you the weekly chart later on...
You will see that it will close below EMA10 for the first time and when that happens, finally, Bitcoin will do its $4,000 to $6,000 price jump.
Hello!
Usdtdominance
USDT DOMINANCE FORMING BEARISH FLAG PATTERN!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider it as financial advice.
#BTC UPDATE
USDT DOMINANCE is forming this bearish flag pattern and symmetrical triangle pattern also. According to the pattern, we may drop up to 14% from here.
but we have to wait for a breakout or breakdown of these patterns that will conform the next move.
Stay tuned
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
Weekly USDT.D Says All Cryptos Go Full GREEN!This is the chart that I mentioned in a previous trade idea on this index... This is what gives it all away.
Tether Dominance Index (USDT.D) is closing weekly below EMA10 for the first time since March.
This is a strong bearish development after 4 weeks of red/moving lower/distribution...
So not just Bitcoin, EVERYTHING CRYPTO WILL GROW SUPER STRONG!
We will have a full green August, based on these charts.
Namaste.
#USDT.DOMINANCE UPDATE 4HOUR!!USDT dominance analysis
USDT Dominance Resistance Label Red Zone & Breaks USDT Dominance Breaks trend line Downside Then USDT Dominance Will dump and downside 4.88 and 5.84% and Altcoins pump and Pump BTC.
This is not a piece of financial advice. All investments made by me are at my own risk and I am held responsible for my profits and losses. So, do your own research before investing in this trade.
Thank you for your time, we hope that our work is good for you, and you are satisfied, we wish you a good day and big profits.
Thanks.
Bitcoin (BTC) - July 24Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(BTCUSDTPERP 1D Chart)
Primary Resistance: Rising Channel (23722.8-25373.3)
Secondary resistance: 27054.1-29840.6
Support: 21481.1-22471.5
The key is whether it can be supported in the 21481.1-22471.5 section and rise to the first resistance section.
If it falls below 21481.1, I expect it to fall below 20564.2.
The next volatility period is around July 31st.
(1h chart)
** On the 1h chart, a sharp move is likely to occur, so a short-term response is recommended.
You need to see support at the 21481.1-22471.5 section and see if it is moving along the uptrend line.
It can temporarily touch the 20564.2-21481.1 section and climb, so be prepared for this.
At this time, if it fails to move above 22471.5, it is likely to lead to further declines.
------------------------------
(USDT + USDC 1D Chart)
Money inflows and outflows are happening repeatedly.
A large pre-emptive influx of funds is expected to signal an uptrend in the coin market when USDT rises above 68.468B.
In order for the weight of USDT to be lower and the weight of USDC to increase, I think that it is possible only if there are more USDC markets on the exchange.
Currently, the USDT market is more active on exchanges, so I think the inflow of funds through USDT is more important.
------------------------------------------------------------ -------------------------------------------
** 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 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.)
---------------------------------
USDT dominance is showing strength at supportUSDT.D is now at support, i think we will see some moves to the upside anytime soon which means correction towards crypto market for approximately 2-3 weeks ahead.
Breakout upwards 7.9% could be dump for bitcoin and other crypto pair.
Do not fomo buy now, wait for retracement & confirmation.
Bitcoin (BTC) - July 23Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(BTCUSDT 1W Chart)
Resistance: 27033.35-29812.52
1st support: 21475.02
Second support: 13137.51-15916.68
In order to turn into an uptrend and continue a full-fledged uptrend, it needs to rise above the ellipse shown on the chart to be supported.
Therefore, it is highly likely that an uptrend will begin when it rises above 29812.52.
- As the RSI indicator is located in the oversold zone, you can see that it is located in the low low zone.
- The Stoch RSI indicator is rising and is expected to enter the overbought zone soon.
When the Stoch RSI indicator enters the overbought zone, it is expected that the RSI indicator will break out of the oversold zone.
- On the CCI-C indicator, the CCI line is located in the range of -100 to +100, so it can be considered as a sideways section.
So, we need to see if we can continue the uptrend by moving above the 0 point and see if we can see a full-fledged uptrend by moving above the +100 point.
(1D chart)
Primary Resistance: 23733.48-25389.99
Secondary resistance: 27033.35-29812.52
If the resistance section is divided in detail, it can be divided into a section 23733.48-25389.99 and a section 27033.35-29812.52.
These sections refer to the section where the diagonal Fibonacci line and the horizontal Fibonacci line pass.
Therefore, the entire section 23733.48-29812.52 becomes the resistance section.
The support zone is the same as mentioned in the description of the 1W chart.
- The RSI indicator is located in the overbought zone.
- The Stoch RSI indicator is falling in the overbought zone.
- In the CCI-C indicator, the CCI line is maintaining above the EMA line and the -100 point.
So, finding support near 22487.41 could lead to further upside.
However, as the Stoch RSI indicator is falling in the overbought zone, the extent of fluctuation is expected to be determined depending on whether it can be supported near 22487.41.
When the Stoch RSI falls below 50, the key is to find support above 21475.02.
Therefore, what is important in the current position is whether it can be supported and climbed in the 21475.02-22487.41 section.
I have a sense of telling you in advance, but the section 27033.35-29812.52 is the section that determines the trend.
Therefore, if it falls without being supported in the section 27033.35-29812.52, Stop Loss is required to preserve profit and loss.
Therefore, Stop Loss is required if it falls in the section 27033.35-29812.52 and receives resistance at 26574.53.
------------------------------------------
(USDT + USDC 1D Chart)
You can see that new funds have flowed into the coin market.
(1W chart)
However, we believe that there is a possibility that the coin market will turn to an uptrend when the USDT chart still rises above 68.468B.
------------------------------------------------------------ -----------
(US 100 CFD (Nasdaq) 1D Futures Chart)
The 12212.6-12932.3 zone is an important support and resistance zone.
In particular, the 12374.1 point is the point on the 1W chart where an uptrend is likely to begin.
Therefore, if support is found near the 12374.1 area and rises, an attempt to break above the 12932.3 area is expected.
The days when the BTC chart and the Nasdaq futures chart are decoupled are increasing.
Therefore, it is highly likely that the coin market will show a different trend than the stock market.
Those who invest in the coin market by referring to the flow of the stock market, please invest with this in mind.
------------------------------------------------------------ -------------------------------------------
** 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.)
---------------------------------
USDT.DOMINANCE 4HOUR UPDATE !!USDT DOMINANCE ANALYSIS
USDT dominance support label red zone and brake USDT dominance breaks 21 MA downside then USDT dominance could see 5.84% plus 4.88 altcoins will pump and BTC will pump
This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
Bitcoin (BTC) - July 22Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(BTCUSDTPERP 1D Chart)
Primary Resistance: Rising Channel (23722.8-25373.3)
Secondary resistance: 27054.1-29840.6
The RSI and Stoch RSI indicators are located in the overbought zone.
If it does not break out of the overbought zone, it is expected to lead to further gains.
To that end, it is important to see support at 22471.5 or higher.
If it fails to rise to the rising channel (23722.8-25373.3), the first resistance section, you should check to see if support is found in the section 21481.1-22471.5.
The volatility period is around July 23 (July 22-24).
(1h chart)
** On the 1h chart, a sharp move is likely to occur, so a short-term response is recommended.
The key is whether it can be supported by rising to the 23722.8-25383.3 section.
Also, you need to make sure you can move up along the uptrend line.
In the CCI-C indicator, the CCI line fell below the +100 point and below the EMA line, which is likely to lead to further declines.
So, beware of volatility.
------------------------------------------------------------ -----------------------------------------------------
** 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.)
---------------------------------
🔻BTC.D DOWN,🔻USDT.D DOWN & 💹OTHERS.D UP ,What will happen❓❕HEY traders, what's going on today ❓❕‼️😉
since previous analysis that I posted for OTHERS dominance ,some interesting events have happened in the crypto market .
🔻📉BTC.D has declined ~ -10% ( from 49%-43%)
🔻📉USDT.D has declined ~ -30% ( from 9.5%-6.5%)
💹📈OTHERS.D has raised ~ +20% ( from 11%-13.5% )
while the dominance of both BTC and tether decreased But others.d increased and at same time we saw that bitcoin and altcoins prices has raised recently , so What it means ?!
in my opinion it means that in the recent weeks while majority of trader expected a green market and increase for bitcoin and altcoins but they mostly put their liquidity to the altcoins market because might expected more growth for altcoins rather than btc when btc.d is down .
If you don't know what's OTHERS.D , Before going any further more you should know the OTHERS.D represent the percentage of total market capitalization of the top-125 cryptocurrencies, excluding BTC and some other top cryptocurrencies. You can see the list of excluded coins on the Total Market Capitalization Dominance chart on the cryptocurrency market page . The excluded coins are displayed along with the OTHERS market chart.
Although the relation between the BTC.D , bitcoin price , altcoin dominace and their prices is a little bit confusing for most of us , but these key point can help us to predict the market !
EXPs :
if BTC price increase and BTC .D increase too ====> Altcoins price decreases.
if BTC price decrease and BTC .D increase ====> Altcoins price Dump and decrease heavy. This is dump phase.
if BTC price go sideway(without up or down) and BTC .D increase ====>Altcoins price don't change and this is accumulation phase.
if BTC price increase and BTC .D decreases (or sideway ) ====> Altcoins price jump or may have a altseason.
if BTC price decrease and BTC .D decreases too ====> Altcoins prices go sideways.
if BTC price go sideway and BTC .D decreases ====> Altcoins prices increase
so now what I expect for crypto market and altcoins?!
As always because of more dominance of Bitcoin ,we start with btc and btc.d ( I also assume that USD.T continues its down trend ),
📈_ thus if btc.d maintains the current support zone and be able to increase by breaking of the descending trendline and then can reach the higher VG zone :
if at same time bitcoin price rises >> so in this case others.d loses the current pivot zone and altcoins price will decrease
if at same time bitcoin price decreases >> so in this case others.d loses the current pivot zone fall to lower support zone and altcoins price will dump
if at same time bitcoin price goes in a sideways >> so in this case others.d maintain the current level and altcoins price will continue an accumulation phase
📉_ But if BTC.D the loses current support and goes down to lower support or may ( continues sideway) :
if at the same time bitcoin price goes more up >> so in this case altcoin dominance can reach the higher resistance zone an forms a H&D pattern and altcoins price will jump
if at the same time bitcoin price goes down >> so in this case others.d then altcoins price will go in a sideway
if at the same time bitcoin price goes sideways >> so in this case then altcoins price will go up
but anyway take it mind according to the USDT.D chart and previous analysis for , the tether dominance may increases in the short-term and the the same time btc.d and others' lose more their current dominances again , so in this case we may have a temporary down before any rising (in the mid-term )!
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
--------------------------------------------------------------------------------------------------------------------
👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💚if you're fan of my analyses please follow me , give a big thumbs 👍 OR drop a comment 🗯
💸 TETHER Dominance Update 📈Jul 21 , 2022📉HEY traders ❗❕ 😵
In the last analysis, I exactly told you guys that USDT.D has reached a historical and dynamic resistance line , and I expect to decline from there , so what happened next?1
It went down and accordingly the crypto market has turned green so far !
But today as you can see in the daily timeframe , It is already trading over daily support zone and if it be able to maintain the current zone ,can start to rise around here and after breakout the descending trend line it can reach higher resistance zone and I guess probably will form a head and shoulder pattern and continue to decrease more again ! and so on , in this case if it losses the daily support zone it can even see the weekly support zone around 4.5%.
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
--------------------------------------------------------------------------------------------------------------------
👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💚if you're fan of my analyses please follow me , give a big thumbs 👍 OR drop a comment 🗯
#ETH/USDT 4HR CHART UPDATE !!Hello everyone welcome you all to this exclusive ETH4hr chart update.
If you find my updates helpful and productive, hit the like button follow and comment your view in the comment section, this motivates me to bring this kind of update regularly.
Let’s look into the chart,
As we can see in the above-mentioned chart that ETH performed well and printed a rally of 58% in almost 11 days.
In the current scenario ETH currently retesting the upper green support of $1450.
It needs to hold this level to climb above its next resistance which is highly likely in upcoming days towards the level of $1700 which is more than 15% from the current level.
Rejection from the current level can print meltdown towards the lower support levels of $1200.
Let’s see how it goes in the upcoming hours.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
#BTC RETESTING UPPER TREND LINE!!Hello everyone welcome you all to this exclusive BTC 4hr chart update.
If you find my updates helpful and productive, hit the like button follow and comment your view in the comment section, this motivates me to bring this kind of update regularly.
Let’s look into the chart,
As BTC performed well and was able to break 4 weeks of resistance, currently resting after a rally of 28%.
In the scenario, BTC is likely to retest the upper resistance level of $22700 and bounce towards the upper resistance level of $28k in the upcoming days.
BTC needs to hold this level otherwise breaking below will lead BTC again towards its lower price level of $20k.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
Bitcoin (BTC) - July 21Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(BTCUSDT 1W Chart)
Resistance: 27033.35-29812.52
1st support: 21475.02
Second support: 13137.51-15916.68
In order to turn into an uptrend and continue a full-fledged uptrend, it needs to rise above the ellipse shown on the chart to be supported.
Therefore, it is highly likely that an uptrend will begin when it rises above 29812.52.
- As the RSI indicator is located in the oversold zone, you can see that it is located in the low low zone.
- The Stoch RSI indicator is rising and is expected to enter the overbought zone soon.
When the Stoch RSI enters the overbought zone, it is expected that the RSI will break out of the oversold zone.
It will also form a short-term high, so it is likely to create the first pull back pattern.
With this first pull back pattern, there is a possibility that it will move back towards the 21475.02 area, but the key is whether it can break out of the downtrend line.
We need to see if we can break through the intersection of horizontal and diagonal Fibonacci upwards.
- On the CCI-C indicator, the CCI line is located in the range of -100 to +100, so it can be considered as a sideways section.
So, we need to see if we can continue the uptrend by moving above the 0 point and see if we can see a full-fledged uptrend by moving above the +100 point.
(1D chart)
The key is to maintain the price above the 21475.02-22487.41 zone and move towards the resistance zone.
The maximum possible climb is expected to be 27033.35-29812.52.
If it falls below 21475.02 and finds resistance, there is a possibility of a sharp drop, so trade cautiously.
At this time, the key is whether it is supported in the vicinity of 18719.11.
------------------------------------------------------------ -----------
- The US 100 CFD (Nasdaq) chart moved higher to the 12212.6-12932.3 section, an important support and resistance section.
The key is to find support and move higher on the 1W chart at 12374.1, which is likely to move higher.
- If BTC dominance rises when BTC price rises, altcoins are likely to go sideways or fall.
This is because the funds are concentrated towards BTC.
- At this time, the important thing is that the USDT dominance should decrease.
This is because when the USDT dominance rises, it means that the sell-off is dominant in the coin market.
------------------------------------------------------------ -------------------------------------------
** 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 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.)
---------------------------------
USDT DOMINANCE: ENTERING THE SUPPORT ZONE.What's up traders?
Here's a quick update on the USDT Dominance.
Timeframe: 4 hours.
Update: The USDT Dominance broke down below the 7.3% support level in the daily timeframe. This breakdown gave relief to BTC and the other altcoins. Currently, in a lower timeframe, the USDT.D is entering the support line of 5.7%. If that happens then it will be close to a -7% drop which means BTC and other altcoins will have more room to grow.
RSI: We need to keep an eye on the RSI level. The dominance is clearly dropping but the RSI recent low is higher than the previous low (a bullish divergence formation). Looks like the green in the market won't last for long (just an assumption).
Conclusion: Comparing BTC and the USDT.D, we can expect a higher rally in BTC in a short term but don't consider this to be a bull run. We are far away from it. Consider this as a short-term gain to balance the market.
Let me know your opinion on this and correct me if I am wrong. Would love to know your ideas.
Thank you.
USDT DOMINANCE UPDATE!!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider it as financial advice.
#USDT DOMINANCE ANALYSIS
USDT DOMINANCE is trading above this second support needs to break down support then we can expect a
we still accept drop According to the pattern As per my previous dominance update
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
How about a new Spike move?! :DAs u can see #FLM is not that co related to the #BTC or #ETH or even USDT dominance...
i have calculated the #PRZ , Fibo ,and set the safe targets...
due to fundamentals n macro economics we r not expecting any harsh or bad news...whales have removed their orders above 23500 on#CEX and we r not expecting any bearish sharp move...
Flm has seccessfully made a spike move before has done a clean pullback on MA s on different time frames... and if u calculate the last spike move , we can confirm our target safely...
last but not leat the divergence on #RSI is bullish...
:D i hope this analys helps u to make some good cash
Godd luck
Bitcoin (BTC) - July 20Hello?
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 you can break through the bullish channel of the two uptrend lines upwards.
If the upward break fails, you should check to see if support is found in the 21481.1-22471.5 section.
The 27054.1-29840.6 interval is the interval that determines the trend.
Therefore, if you touch this section and fall, you need Stop Loss to preserve profit and loss.
As mentioned before, the coin market is experiencing liquidity problems.
Therefore, in order to solve these problems, funds must flow into the coin market.
Whether the money in the coin market is flowing in or out can be easily seen with the USDT and USDC charts.
Although a lot of money has flowed into the coin market, funds have started to flow out of the coin market due to recent global issues.
In addition, when services such as deposit services (Earn, Staking, Farm, Landing) are activated in the coin market, funds are stagnant.
The liquidity problem that has arisen from this is a problem that the coin market has to face in order to expand into a larger market.
Due to this, I think that the structural problems of the coin market and various problems of coins and tokens will be supplemented.
For the coin market to lead to a full-fledged uptrend, it must rise above 29K.
To do this, I think that funds must first flow into the coin market.
Otherwise, we don't expect the bullish to continue even if it rises above 29K.
(US 100 CFD (Nasdaq) 1W Futures Chart)
The 12212.6-12932.3 zone is an important support and resistance zone.
Therefore, it is important to be supported and continue the uptrend within this section.
(1h chart)
** On the 1h chart, a sharp move is likely to occur, so a short-term response is recommended.
The key is whether it can be supported by rising to the 23K-25K section.
If it is not supported, you should check to see if it is supported at 21481.1 or higher.
------------------------------------------------------------ -------------------------------------------
** 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 MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
Bitcoin (BTC) - July 19hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(BTCUSDT 1W Chart)
Resistance: 27033.35-29812.52
1st support: around 21475.02
Second support: 13137.51-15916.68
You need to check if it can be supported at 21475.62 or higher.
Since the RSI indicator has not yet moved out of the oversold zone, careful trading is required.
(1D chart)
It is necessary to check whether there is any movement out of the section 18719.11-22487.41.
The next volatility period will be around July 25th, but it will be important to be able to touch the resistance zone of the two bands shown on the chart by around August 10th.
To do that, you need to keep the price above 21475.02.
For the coin market to show an overall upward trend, it must rise above 29812.52.
So, the current movement is likely a rebound from a downtrend.
Therefore, it is necessary to increase the holding quantity while responding to short-term trading.
------------------------------------------------------------ -------------------------------------------
** 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 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 through split trading. It is a short-term investment perspective.)
---------------------------------