XBTUSD
Bitcoin Q4 2022 Outlook: A Potential 2019 Fractal In PlayBitcoin Q4 2022 outlook: a potential 2019 fractal in play. The 61.8% fib from the December 2017 prior all-time-high to December 2018 low is where Bitcoin peaked by summer 2019: $13.9k. A potential play here is a similar rally to the 61.8% fib, from the current all-time-high of $69k to $17.6k, standing around the $50k psychological level.
Bitcoin (BTC) - September 10Hello?
Welcome, traders.
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(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.
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(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.
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- 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.
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** 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.)
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bitcorn, end of year (bullish) projectionthe other evening, some chad opened a short bigger than any other short opened over the last 2 years.
thanks to this guy, we're probably gonna go up when he gets liquidated.
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this is a bullish projection, an argument against all the bear cases which are out there.
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double zig-zag is what this count is called.
x wave might turn into an expanded flat + rocket ship to anywhere between 29~40k.
wave y will be the destroyer of dreams, the one which takes away everything from the average joe.
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new years target = 35~40k
Bitcoin (BTC) - September 9Hello?
Welcome, traders.
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Have a good day.
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(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.
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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.
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** 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.)
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btc (idea 2)this is idea 2 of 2.
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both of these are equally probable, but i do personally prefer this one, as it gives us a beautiful opportunity to trade up from 13->35k, then short it back down to 6.
this move would allow many people to double, triple, or even quadruple their capital - hence giving them more buying power when the time comes for the long term hold.
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both ideas take us down to 5.9k.
i know you probably don't wanna hear this, but it's not me making these targets up.
the chart tells the story, and i am merely the interpreter.
take care 🤝
Bitcoin (BTC) - September 8Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(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'.
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- 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.)
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the path of mass destruction (part 1)13k is a number many people have their eyes on as of now,
what if the market decides to do something completely unexpected instead?
>like raid the range lows, then pop up to 35k
this would liquidate all the bears,
it would also turn a majority of the market bullish near the top.
and what would come next, would surprise everybody lol.
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ps. not saying this will happen, but i'm anticipating the least expected scenario to play out from here - one which will cause both sides extreme pain once it is completed.
ps2. part 2 to this post will be posted if 35k is realized.
Bitcoin Analyze (Zigzag Correction)!!!😉It seems that Bitcoin didn't pass main wave 2 because the microwave B of main wave 2 had a Double Three correction (WXY). Since microwave A has 5 microwaves, so we have to expect that zigzag correction(5-3-5) for main wave 2.
I showed you the 🎯target🎯 of the end of main wave 2 in my chart.
Bitcoin Analyze ( BTCUSDT ), Timeframe 1H⏰.
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin Analyze (lose the support zone)!!!↘️Finally, Bitcoin lost its support zone, and as I have repeated several times in previous posts, whenever Bitcoin can reliably break the support zone, we can confirm the end of the main wave 2.
Bitcoin has already started the main wave 3, and I tried to show you the way that Bitcoin can go in the coming hours as the microwaves of the main wave 3.
Bitcoin Analyze ( BTCUSDT ), Timeframe 1H⏰.
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin Analyze (Short Term, Timeframe 15min)!!! ⏰Bitcoin is on the way to complete microwave 4 of wave 3.
It should be noted that wave 3 is an extended wave.
I have shown you the end of wave 3(zone) on my chart.
Bitcoin Analyze ( BTCUSDT ), Timeframe 15min⏰.
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
btc 9-6 update ~good evening,
btc seems to be approaching a local bottom here.
4h bullish divergence, and shorts are starting to get out of control lol.
there's not much further it could go without invalidating this leading diag, so a move up is right around the corner.
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looking for a 2 week rally before further decline to 13\14k.
Bitcoin (BTC) - September 7Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(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.
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(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.
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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)
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** 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.)
---------------------------------
Bitcoin (BTC) - September 6Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(BTCUSDTPERP 1D Chart)
Whether or not it can rise above 20220.1 is the key.
To do that, we need to see if we can support and rise in the 19424.9-19930.6 zone.
If not, there is a possibility that it will move towards the 18374.1 area.
- From a medium-term perspective, it is located in a downtrend channel.
In the short term, they are consolidating and trying to get out of the downtrend channel.
Therefore, it is important to be supported in the period 19424.9-19930.6.
- As it is currently showing mixed conditions, I think it is good to check the direction to get out of the 19424.9-20220.1 section and then make a new entry.
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'.
- The set value for the CCI-C indicator has been changed to be displayed from the published publication this time.
Therefore, if you want to use the CCI-C indicator, you can check this chart by sharing it.
If the CCI line stays above the EMA line, it is likely to move higher.
Therefore, when the CCI line falls below the EMA line, it is necessary to check whether there is support or resistance at the support and resistance points before responding.
------------------------------------------------------------ -----------------------------------------------------
** 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.)
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ETHEREUM - IS THE MERGE A HUGE BULLTRAP?So far ETH outperforms BTC due to sheduled merge around 12-15 september.
But is this price action really that bullish? We already had some nice more than 100% move from the lows.
ETH dominance is in critical point right now. It's hard to believe we will break to the upside this multi year trend in one move.
Of course BTC can start breaking to the upside and overperform ETH but imo big move to the downside is actually more possible.
And in that case alts would bleed much, much more than BTC.
Bitcoin Analyze (Short term, Scenarios)!!!🧐Bitcoin has two scenarios right now.
Scenario 1: Bitcoin will bounce back from the support lines for the umpteenth time, and the correction wave will continue for the next one to two days.
Scenario 2: Bitcoin breaks the support lines, and Bitcoin wave 2 stabilizes, and we will see numbers below $19,000.
What do you think ❗️❓
Bitcoin Analyze ( BTCUSDT ), Timeframe 15min⏰.
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BITCOIN - STRONG HIGHER LOW OR 30% DOWN?As we can see BTC loves to move inside clear parallel channels.
So far during every bear market we were going 3 or 4 floors down.
Now we are at the third floor from the tops and aditionally pric is being hold by strong, over two years, trend line from march crash.
Still we have room to touch it (green dotted one) below 19 k what could give us strong higher low with potential huge accuulation pattern (channel) in making).
Loosing it would mean (imo) one more huge sell off towards another floor lower (around 14 k) what would also give us a second touch (retest) of the main trend lne from the tops.
BITCOIN (BTCUSD): Detailed Technical Outlook
Bitcoin is currently consolidating:
the market is trading within an intraday horizontal trading range.
To catch a bearish trend continuation,
watch 19500 - 19600 horizontal support.
If the price breaks that cluster I will expect a bearish continuation to 19000.
I do not know how long the price will stay within the range, but its breakout will certainly be a strong bearish signal.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
Bitcoin Analyze (Short Term, Expanding Flat Correction)!!!🧐Bitcoin has followed my waves exactly these days✅💵💵💵✅.
So let's continue to track these waves.
Bitcoin was able to break through the main wave C at 20,441$ and now appears to be forming an Expanding Flat(3-3-5) corrective structure.
Bitcoin Analyze ( BTCUSDT ), Timeframe 15min⏰.
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin (BTC) - September 5Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(BTCUSDT 1W Chart)
The key is whether it can move above 21838.98 after around September 5th.
If not, you need to check if you can get support in section 2 and rise.
(BTCUSDT 1D Chart)
The key is whether it can find support near June 21, 1994 and move higher than 20798.16.
- If the price falls below 19695.87, you should check to see if there is support near the 1st line or around 18353.11.
- The RSI indicator is entering the oversold section, and the Stoch RSI indicator is showing a downward trend in the overbought section.
Accordingly, mixed sales are expected.
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(US 100 CFD (Nasdaq) 1D Chart)
In order to continue the uptrend, it fell in the zone where it needed support.
- The key is whether we can find support near 11953.1, where the uptrend started, and move above 12212.6.
It is important that the -RSI and Stoch RSI indicators find support near 11953.1 when they break out of the oversold zone.
If it doesn't, it could drop to around 11475.5.
(BTC.D 1D Chart)
It is located in the 39.56-40.44 zone where the big volatility is expected to start.
Therefore, a deviation from the 39.56-40.44 range is expected to result in volatility.
(ETH.D 1W chart)
If ETH dominance is maintained in the 18.54-20.13 segment or higher, the price of ETH is expected to rise.
If it falls below 18.54, there is a possibility that ETH price will drop sharply, so be careful.
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BTC Dominance and ETH Dominance are located in the critical section.
Thus, you know that you are in an interval where large volatility can occur at any time.
Trading in these areas can be risky, so you need to trade carefully.
Before trading, you must create a trading strategy and respond mechanically.
However, we must not forget that we are in a good area to buy even if the price goes down or goes up.
We see the maximum decline in BTC price as 13K-15K, so if it goes down in the future, it will drop by -30%.
The coin market requires a trading strategy that can withstand -30% to +30% volatility.
This means that volatility of up to 60% can occur, so unless you are a short-term trader, you should take this into account when crafting your trading strategy.
If the profit/loss ratio of the coins (tokens) you currently hold is within -60%, it is highly likely to recover quickly.
In order to recover quickly, you need a trading strategy that increases the number of coins (tokens) you have.
------------------------------------------------------------ -----------------------------------------------------
** 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.)
---------------------------------
Bitcoin (BTC) - September 4Hello?
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 to find support near the 19930.6 level and break out of the downtrend line.
Otherwise, it is expected to decline to around 18374.1.
- The price needs to be maintained above the HA-Low indicator point in order to transition to an uptrend.
Therefore, since the current HA-Low indicator is located near the 19930.6 point, it should rise above 19930.6.
- As the RSI indicator is in the oversold section and the Stoch RSI indicator is in the overbought section, it is expected to show mixed trends.
Therefore, short-term traders should beware as there is a high chance of a whipso.
- If you look at the RSI and Stoch RSI indicators when the trend indicator is changed after breaking through the MS-Signal indicator, it will be helpful to understand the interrelationship between the indicators.
It is not advisable to proceed with trading only by obtaining objective information through indicators.
The reason is that it is lagging behind price and volume.
To overcome this, we need to find the necessary support and resistance points for the trade.
You need to be able to craft a trading strategy from these identified support and resistance points to conclude a successful trade.
- Since the HA-Low indicator fell and it was located near the 19930.6 level, the main position is 'LONG' when it rises above 19930.6 and is supported.
Otherwise, the main position is 'SHORT'.
However, as the situation is currently mixed, it is necessary to be cautious when entering a position.
- Cases showing mixed trends are as follows.
- When the RSI indicator is in an overbought section and when the Stoch RSI indicator is in an oversold section
- When the RSI indicator is in the oversold zone and when the Stoch RSI indicator is in the overbought zone
It is important to see movement at support and resistance points when you break out of an oversold or overbought zone.
------------------------------------------------------------ -------------------------------------------
** 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.)
---------------------------------
Bitcoin - Possible long squeeze before bull runOver the past few days, I watched the entire history of Bitcoin on different chart timeframes and saw something worthwhile to share with the world trading community.
I hope you'll appreciate my diligence with your likes and comments below the chart.
So let's go!
The first thing I want to show is the first movement of Bitcoin starting from $ 2.3 per coin to $ 1100.
I decided to copy this price movement and put a shadow on the last bull run, which started in 2015.
And I was amazed when I saw that the peak of the shadow coincides with the peak of December 2017.
In the next step, I decided to look at the corrections and was surprised even more when each high and low peaks coincided too. Besides, the area of BTCUSD basing is very similar to this situation at this moment.
If we'll pay attention to the Fibonacci levels we see two prices marked in the yellow box. They're the 61.8% Fibonacci level as well as it's the strongest support of all-time, and this can happen without any reason. If it happens it'll be very fast.
To complement this analysis, today we've got the 12 June, and as I said in previous posts: on the 11-13ths of each month, very large movements are taking place in this chart.
Best regards EXCAVO