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Bitcoin (BTC) - August 14Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDT 1D Chart) Primary resistance: around 25K Secondary resistance: 27K-29K 1st support: 23312.42-23810.98 2nd support: 22579.68-22753.10 If the price is maintained above the 22579.68-22753.10 range, it is expected to maintain an uptrend. If support is found at or above the 23312.42-23810.98 zone, I would expect a break above 25K. If it falls below the 22579.68-22753.10 section, it may turn into a downtrend, so you should think about countermeasures. ------------------------------------------------------------ ------------------------------------------- ** 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) - August 13hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDTPERP 1D Chart) If the price holds above the 22570.6-22751.0 interval or moves along an uptrend line, it is expected to maintain an uptrend. Therefore, the main position is 'LONG'. (1h chart) ** On the 1h chart, a sharp move is likely to occur, so a short-term response is recommended. the important point 21826.1, 22570.6, 23257.6, 23804.3, 25459.8 Thus, you can switch positions depending on whether you find support or resistance at this critical point. However, since I mentioned that the main position is 'LONG' in the 1D chart description, it is recommended to trade short when selecting the 'SHORT' position. ------------------------------------------------------------ ------------------------------------------- ** 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
Bitcoin (BTC) - August 12Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDT 1D Chart) Primary resistance: around 25K Secondary resistance: 27K-29K 1st support: 22579.68-22753.10 2nd support: 21475.02-21838.98 If the price is maintained above the 22579.68-22753.10 range, it is expected to maintain an uptrend. - The RSI indicator entered the overbought zone, but the Stoch RSI did not enter the overbought zone. Accordingly, it is necessary to check at which point the RSI finds support and resistance when it moves out of the overbought zone. If support is found at or above the 23312.42-23810.98 zone, I would expect a break above 25K. If it falls below the 22579.68-22753.10 range, it may turn into a downtrend, so you should think about countermeasures. (1h chart) ** On the 1h chart, a sharp move is likely to occur, so a short-term response is recommended. The sections marked with ovals and the sections marked with square boxes are support and resistance sections. Therefore, a rebound or reversal is likely to occur during this period. the important point 21838.98, 22579.68, 23312.42, It is 23810.98. The main position is 'LONG' as it is maintaining an upward trend on the 1D chart. When deciding on a position, it is important what criteria you use to decide. These standards should include countermeasures against forced liquidation. Therefore, holding cash is important even in perpetual futures trading. If you have used all your funds without holding cash, it is important to secure cash by selling quickly in installments. I mentioned that in spot trading, a trading strategy that can reduce losses is more important than trading for profit. The same is true for perpetual futures trading. However, the only difference is that leverage and forced liquidation exist, so a more aggressive strategy is required. Therefore, a quick decision is required to close a position, convert, or stop loss. A way to complement this decision is leverage ratio adjustment and investment size. If you continue to face the threat of forced liquidation after entering a position, we recommend adjusting your leverage ratio and adjusting your investment size. ------------------------------------------------------------ ------------------------------------------- ** 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) - August 11Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDTPERP 1h Chart) ** On the 1h chart, a sharp move is likely to occur, so a short-term response is recommended. The box section is the support and resistance section. You should hold the price above 23804.3 and see if it can move higher than 24099.8. - In the CCI-C indicator, if the CCI line is maintained above the EMA line, it is likely to rise. If it declines from 23804.3, 1st support: 23257.6 2nd support: 22570.6 The main position is 'LONG' as it is maintaining an upward trend on the 1D chart. To convert into a downtrend on the 1D chart, it should break below 22570.6 and the MS-Signal indicator should turn into a bearish indicator. ------------------------------------------------------------ ------------------------------------------- ** 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
2
btc 8-10 update ~good afternoon, hate to be the one who breaks this to the bears, but it's possible a bottom is in (for now). it may not be "the bottom", but it's a bottom which can last for a couple of months. --- if this ugly diagonal is at play, btc is poised to play out an expanded flat for wave 2\b before the rip up comes. if the expanded flat plays out, that c leg would be very sharp, and it'll be short lived. if you're bullish, this might be what gets btc out of this range, if you're bearish, be very careful in the days ahead, and expect the unexpected. --- ps. there is many different ways of interpreting this count, and there is no confirmation of either bull or bear case for the time being. all of the cases i present are just ideas - don't use these as trade setups, but rather a map for what might be.
by notoriousbids
7
Bitcoin (BTC) - August 10Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDT 1h chart) ** On the 1h chart, a sharp move is likely to occur, so a short-term response is recommended. The interval 22579.68-23312.42 is an important volume profile interval. Therefore, it is expected that the trend will continue in the direction out of this section. However, as a short-term uptrend is currently formed, the key is whether it can rise above the 23312.42-23414.04 section. If it does not rise above the 23312.42-23414.04 section and falls, there is a possibility to touch the 22579.68-22753.10 section. ------------------------------------------------------------ ------------------------------------------- ** 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
2
Bitcoin (BTC) - August 9Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDTPERP 1h Chart) ** On the 1h chart, a sharp move is likely to occur, so a short-term response is recommended. The four box sections are support and resistance sections. You need to make sure you can get support and climb on the 23772.9-23896.9 section. - In the CCI-C indicator, if the CCI line is maintained above the EMA line, it is likely to rise. - When the Stoch RSI indicator moves out of the oversold zone, you need to check where support and resistance are found. However, mixed volatility is expected as soon after the RSI indicator has moved out of the 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.) ---------------------------------
by readCrypto
1
shirt squeeze?i get this feeling that it's possible we could see a significant short squeeze going into the end of this month. we have the full moon in 3 days, and the market has been very strong going into it. cpi data on wednesday could be the catalyst for this squeeze. --- btc is currently poking a major level (labeled as a black box on my chart) if it could successfully push through it, it'll open a door to this shirt squeeze. --- there are three major targets overhead: -25,858 -29,121 -32,796 one of these levels will be the cause of a massive rejection which will send bitcorn tumbling back down into the crypto abyss. --- ps. i'm not saying that a short squeeze will happen, but i am saying that it's possible that it does happen, and you should be prepared for it just in case (if you're a bear).
by notoriousbids
2
Bitcoin (BTC) - August 8Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDT 1W Chart) It is important to be able to ascend to the section 27033.35-29812.52. To do that, we need to see if we can sustain the price above 22579.68. It is also necessary to check whether it can rise above the diagonal Fibonacci line. - The Stoch RSI indicator is entering the overbought zone. When you break out of the overbought zone, you need to see if you can hold the price above 21475.02. - It is also necessary to check whether the CCI line can rise above the zero point in the CCI-C indicator. - In order to show a full-fledged upward trend, it must rise above the HA-High indicator. To do that, you need to shake it up and down to make the HA-High indicator fall. In addition, a full-fledged uptrend is expected to begin when it rises above 29812.52. Therefore, it is important to increase the number of coins (tokens) you are investing in by trading in the short term until then. (From a mid- to long-term perspective) (1D chart) If the price holds above 22753.10, it is expected to maintain an uptrend. Primary resistance: around 25K Secondary resistance: 27K-29K The sections 21475.02-21838.98 and 22579.68-22753.10 are important support and resistance sections of the uptrend. therefore, 1st support: 22579.68-22753.10 2nd support: 21475.02-21838.98 - It is necessary to check whether the CCI line can continue its upward trend above the -100 point. You should also check if the EMA line rises above the -100 point. - If the MS-Signal indicator maintains an uptrend, it is expected to lead to further upside. (1h chart) ** On the 1h chart, a sharp move is likely to occur, so a short-term response is recommended. If the CCI line stays above the EMA line, I expect it to hold its uptrend. ------------------------------------------------------------ ------------------------------------------- ** 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
2
btc 8-7 update ~good afternoon, hope everyone's enjoying this beautiful weekend 💸 --- been a few days since my last update, but my overall bias hasn't changed. the structure most certainly did change though. --- there's a full moon on august 11th, markets likely dump into it, and rip out of it. --- looking for a 21k bottom on 8\11, followed by one more big move up into the end of this month which will mark a significant top in the markets. what comes after which surprise the hoi polloi. ✌
by notoriousbids
3
Bitcoin (BTC) - August 7Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDTPERP 1D Chart) The 22751.0 area is an important section that needs support to continue the uptrend. If a decline from 22751.0 finds resistance, it is expected to lead to further declines. If it finds support and moves up near 22751.0, I would expect it to move towards 25459.8. On the 1D chart, the trend is maintaining an upward trend. I added a trend line, but you can tell it's on an uptrend just by looking at it. You cannot trade on trend lines alone. The reason is that it's a diagonal line, so it's hard to find support and resistance points. The trend line is where support and resistance are difficult to spot. However, by drawing a trend line, it is only clearly distinguished whether the current trend is in an uptrend or a downtrend. The reason why I don't draw trend lines is that MS-Signal indicators are replacing the trend lines in our chart. To trade, there must be support and resistance lines, i.e. horizontal lines. The support and resistance lines are the line drawing you start to learn after the MA line when you start studying charts. However, if you are unfamiliar with charts, drawing support and resistance lines is not difficult, and you do not trade with those lines just because you have drawn them. The reason is that he is such a support and resistance line, but he does not believe in it. The reason I do not believe is that when I draw the line, I look at the arrangement of candles and draw with a subjective opinion rather than drawing on an objective basis. Anything drawn as a subjective thought needs to be objectified because it is not easy to use once you start trading. To be objective, it is recommended to give confidence in the support and resistance levels by using indicators that have been used in the investment market for decades. From that standpoint, we are using indicators in charts. The only indicators drawn for subjective judgment in this chart are the Fibonacci Retracement Tool and the trend line. The Fibonacci Retracement tool can be drawn by specifying two or three selection points. It makes a huge difference where you place this selection point, so be careful when using it. The trend line is drawn by specifying two random selection points. This is also only for identifying the trend as it is drawn based on subjective judgment. By drawing a box on the 22570.6-23257.6 section and the 21481.1-21826.1 section, you can see that the support and resistance sections are separated. After drawing support and resistance lines, most candles are said to be either resisting or supporting depending on whether they move below or above that line. No need to try to draw 100% accurate support and resistance lines. This is because you cannot draw 100% accurate support and resistance lines themselves. Support and resistance lines are automatically created on this chart. Indicators that are creating support and resistance lines are the HA-P and MACD-P indicators, which have released formulas. The trading strategy required for trading must be created by you. Otherwise, the trading strategy will be useless when the trade starts and the price becomes very volatile. The reason for analyzing charts is to make the necessary trading strategies for trading. Even if you are not good at interpreting charts, if you have a well-thought-out trading strategy, your chances of winning the trade are quite high. trading strategy is - Investment period - Investment scale - Buy and sell strategies, etc. Before you start trading, you should think about your trading strategy. More details will be provided whenever the opportunity arises. ( 1h chart) ** On the 1h chart, a sharp move is likely to occur, so a short-term response is recommended. Expect to find support and resistance in the four box sections. On the CCI-C indicator, if the CCI line remains above the EMA line, it is likely to move higher. ------------------------------------------------------------ ------------------------------------------- ** 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
Bitcoin (BTC) - August 6Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDT 1D Chart) If the price holds above 22753.10, it is expected to maintain an uptrend. Primary resistance: around 25K Secondary resistance: 27K-29K The key is whether it can rise above 23266.90, the point of the published MACD-P indicator, to receive support. (Among the published indicators, the MACD-P indicator and the MS-Signal indicator combined are the MACD-T indicators.) (1h chart) ** On the 1h chart, a sharp move is likely to occur, so a short-term response is recommended. You need to check if you can climb more than the 23175.25-23414.04 section. If not, you should check to see if it is supported on the 22579.68-22753.10 section. - In the CCI-C indicator, the CCI line is moving upwards above the EMA line. Therefore, if the CCI line remains above the EMA line, it is expected to rise. - However, if the price does not rise above 23414.04 and the Stoch RSI or RSI enters the overbought zone, the uptrend may be broken, so we need to keep an eye on the situation. So, when you break out of the oversold zone, you should check to see if there is support near the 23175.25-23414.04 zone. ------------------------------------------------------------ -------- ** This is part of yesterday's update to the BTCUSDTPERP chart. ** When the Nasdaq Index decouples BTC and causes the Nasdaq Index to decline, it does not mean that the BTC price will continue to rise indefinitely. The maximum climb is expected to be the 27K-29K section. The reason is that the flow of funds between USDT and USDC shows a decline in the gap. Therefore, it should be considered that BTC price is in the rebound section of the downtrend until it is supported by rising above 29K, i.e. 29840.6. Therefore, I think it is necessary to increase the number of coins (tokens) held for short-term trading until it rises above 29840.6. If it rises near the 27054.1-29840.6 zone or falls unsupported in that zone, the downtrend is likely to accelerate. Therefore, if it is resisted and falls near 26574.53, Stop Loss is required to preserve profit and loss. Stop Loss to preserve this profit and loss should proceed by securing cash that can be purchased additionally when the price falls. Therefore, if you sell 100%, you may not be able to make a proper judgment due to psychological anxiety depending on the price volatility, so you should think about alternatives in advance. If the downtrend accelerates, I expect to touch the 13137.51-15916.68 zone. From a mid- to long-term perspective, it is recommended to increase the number of coins (tokens) you have. Therefore, the above discussion is based on this point of view. If you increase the number of coins (tokens) instead of cash income, the purchase price becomes 0 for this number of coins (tokens), so when you start buying later, you will be able to reduce the psychological burden of buying. For this reason, I said that it is better to increase the number of coins (tokens) rather than cash income. In order for a full-fledged uptrend to come out, I think it will be possible by maintaining the price above 29812.52 or by falling to the 13137.51-15916.68 section and moving sideways. In any way, from a mid- to long-term point of view, a trading method that maximizes the number of coins (tokens) you have is absolutely necessary until a full-fledged uptrend occurs. I wrote this in the hope that the above information will be helpful according to your trading strategy and trading style. ------------------------------------------------------------ ------------------------------------------- ** 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) - August 5Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDTPERP 1D Chart) The 22751.0 area is an important section that needs support to continue the uptrend. If a decline from 22751.0 finds resistance, it is expected to lead to further declines. If it finds support and moves higher near 22751.0, I would expect it to move higher around 25459.8. The big trend is maintaining an upward trend. However, if it falls below 22751.0, it will fall below the MS-Signal indicator. If the MS-Signal indicator turns into a downtrend indicator, it should be considered that the big trend has also turned into a downtrend. (For reference, sections A and B passed the MS-Signal indicator, but the color of the MS-Signal indicator did not change.) ( 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 move above 22751.0. If not, there is a possibility that it will move towards the 21826.1 area. However, there is a possibility of a short rebound near 22222.2. If it fails to move above 22570.6 and finds resistance, the MS-Signal indicator on the 1D chart will eventually turn into a bearish indicator. However, it is thought that the maximum decline section is 21481.1-21826.1 section, so you need to be careful about position selection. ----------------------------------------------- (USDT + USDC 1D Chart) On July 24th, the first rise in the gap occurred after the fall in the gap. The rise in the gap is seen as a sign of money flowing into the coin market. ------------------------------------------------------------ ------------------------------------------- ** 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