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Time to short the Russell 2000 ETF IWM, and here's why.Here is a chart of the entire IWM ranging behavior over the past like 9-10 months. You can clearly see the resistance and support lines. The top resistance line also coincides with the R1 monthly pivot resistance line. Below is the OBV with the same ranging behavior over the same time span. Obviously, volume should confirm price.....and up until recently it more or less has, also ranging up and down between the support and resistance lines drawn on the OBV indicator itself. My point is...... look at the far right, where the purple rectangle boxes are. See the problem? OBV has already plowed downward well out of the rectangle and below the support line. Notice how it also never confirmed the prior IWM break out of the range. It was a leading indicator there that the break out would fail.....and it did. Now it's clearly indicating that IWM is going to blow right through that rigid support line it's bounced off of many times before. My money is betting on that it's right.
AMEX:IWMShort
by digital_precision
Bitcoin (BTC) - January 17Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (XBTUSD 1W Chart) - Mid-Long-Term Perspective Above the 27650.0-29350.0 section: An uptrend expected to continue. (27650.0-33101.0 section: strong support section) The 42084.0-47010.0 section is a support section for creating a new wave. (XBTUSD 1D Chart) Resistance section: 46695.0-49518.0 Support section: around 38225.0 We need to see if we can break out of the downtrend line (3) and move up along the uptrend line (2). It must rise above the 45211.0 point to turn into an uptrend. However, since the 46695.0-49518.0 section is a section that determines the trend, it is necessary to trade carefully as the upward trend can be continued only when the section is upwardly broken. It is necessary to check whether there is any movement outside the section 40163.5-45211.0 by January 26th. Attempts to break above the MS-Signal indicator came out twice (a, b) from a big perspective. We need to see if our next upward breakout attempt (c) occurs around Jan 17-26 (maximum Jan 16-27). If you are moving down from the downtrend line (3), you should check to see if you find support within the uptrend channel formed by the uptrend line (2). A decline from the 40163.5 point could lead below the 38225.0 point, so trade cautiously. The period of great volatility is around March 9th. If the price holds above the downtrend line (3) and volume increases and the OBV's center line begins to rise, then a trend is expected to form. At this time, if the OBV transitions from the red width to the green width, it is expected to show an upward trend. In the CCI-RC indicator, the CCI line is expected to touch the EMA line soon. If the CCI line rises above the EMA line and deviates from the downtrend line, it is likely to show an uptrend. ------------------------------------------- (ETHUSDT 1W Chart) Above 1728.74 point: Expected to create a new wave. (1D chart) Resistance section: 4191.93-4464.22 Support section: 2285.94-2558.23 If the price continues above the 3375.08 point, it is expected to turn into an uptrend. However, the 3582.10-3885.52 section is the previous high point section, so it is expected that the upward trend will continue after breaking through this section upwards. If it fails to move above the 3375.08 point, it is expected to touch the uptrend line (2) passing through the 2910.0 point, so trade cautiously. ------------------------------------------ (XBTUSD 1M Chart) - Big Trend All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction. Looking at the big picture, I think 4-5 waves are going on. Depending on how you interpret section A, the wave may be different. Likewise, you need to be more careful in your trading, because the parts that have not yet been created may have the same flow as section A. The expected ascent section is near the 80574.0-83397.0 section. This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section. There are two large resistance intervals to move up to the expected level. The two large resistance sections are sections a and b. If it fails to break through section a upward, I think it can represent the same flow as section A. If it rises above the 72104.0 point with this rise, it is expected that it will not fall below the 26K-29K section (maximum 21K section) even if a bear market continues. If the 38K section is touched, it is expected to lead to a sharp rise. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves. ------------------------------------------------------------ ------------------------------------------- ** 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 convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet. (Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** 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.) ---------------------------------
BITMEX:BTCUSD.P
by readCrypto
2
AT&T ready to for the next big jump? Dear TradingView-Community, today I want to share the first investment idea and I hope it will help you making the right decisions or bring a new perspective to your analysis. I really would like you to ask for feedback, that I can also learn from different views to become better over time. Thanks a lot for your time and I really hope it is not wasted, but for your benefit. As you can see on the chart, it is a really long cycle of the AT&T stock performance. As many communication stocks at that time AT&T hit its all-time high shortly before the dot-com bubble reached its biggest volume. AT&T have never seen this price since. Instead over the years there were several up and downs, but all had one thing in common >> every high and low stayed within a triangle (purple lines) and the volatility went down more and more. In October 2021 after presenting Q3 results, the stock price went to free fall and left the triangle to the lower end. But the downturn haven't stopped there, also the last significant support zone at the 23.6% Fibonacci retracement - red line and active since 2005 - couldn't stop the sell off. Instead the chart went down almost until the last significant low from both - end of the dot-com correction (2002-2003) and end of the financial crisis (end of 2008-2009) (red bubbles). Now let's take a closer look to the indicators, to find out if this also is a similar extreme reaction of the market as it was twice in the last decade. 1. RSI - Relative Strength Index As you can see in the picture only 4 times since 2000 we could see a oversold situation in the weekly RSI chart until today. It is relatively easy to interpret the first 3 oversold situation because it was always the end of a broader market correction (dot-com, financial crisis, Covid 1st wave). Therefore it was also pretty easy to predict that the oversold situation will be corrected by increasing stock prices after the fear went out of market and the optimisim took place. But what about the current situation? We have an even more oversold situation, in fact we reached a new all-time low at 16.46. It would be very easy to argue that this is a perfect moment to buy stocks as much as possible, because this oversold situation will be cleared for sure very soon. But... In my opinion there are several obstacles on the way and it is not that clear that a higher RSI also comes along with a higher stock price. 1. Currently we don't have had a broader market event that explains the downturn of this stock. 2. The competitor situation has changed dramatically over the last decade. (rise of T-Mobile US and recently the rollout of Tesla's StarLink project. 3. The liability situation becomes worse dramatically over the last 5 years with acquisitions of DirecTV and TimeWarner. 4. Both really large acquisitions are already on the way to separate again from AT&T in new corporations, but for a far lower value than purchased before. 5. The necessity of investing into 5G and fiber optic infrastructure to fight the competitors. 6. The latest spin-off announcement and the merger of HBO and Discovery also leads to dividend cuts for the first time since 50 years. 7. Technically the bearish cross of the triangle is a massive sell signal, but this is already happen and the price dropped already 20% since then. Nevertheless, I need to point out that all above arguments also have some positive counterparts + we need to differentiate between a long-term investment based on value investment strategies and an short to mediate technical based investment. So let's find out the positive things about the current situation and the nearer future: 1. Technically we are at an extreme low point when it comes to fib-retracement and RSI - that can lead to a turnaround with a short-term potential until $24.75 (23.6% Fib-retracement) or even $29.34 (38.2% Fib and connection to the triangle. 2. The merger of HBO-Discovery leads to a lot of additional stocks from the new corporation (70% of the AT&T stocks when you hold your stocks until the merger went through (approx. mid 2022). As you can see after several spin-off of different companies (e.g. Mercedes-Benz AG split from Mercedes-Benz Truck and Buses) the sum of both stocks are very often more worth than the stock before the spin-off. Means even when the AT&T stock price is not tending upwards, the spin-off and merger next year brings lots of potential. 3. The Spin-off leads to a significant liability reduction for the AT&T stock and that leads to a better value for the whole company. 4. The new merger is one of the market entertainment leader and with its digital and subscription growth strategy as well as its plans to expand to Europe, the best position in sport documentation and the strong brands will be a great base for expansion. 5. The reduced dividend kicks out dividend investors, but also leads to more free cash-flow to speed up the extension of 5G and fiber network. 6. The separation from the media section leads to more focus on the core business and allows to slimline the customer approach what also will safe operational costs. 7. AT&T is still a strong brand and one of the biggest communication companies in the world. It serves not just the US but the most countries of the world on all continents. Especially in raising Latin America AT&T is leader in costumer experience and working environment. A great foundation for further growth. Also the connection to the US government and especially into the emergency and health sector is a Garant for stable returns. What I am now looking for to find a safe trade-in point with a W/L ratio of at least 2/1: 1. MACD weekly When the blue line is crossing the red line again upwards that is a clear sign of strength and very bullish to interpret. Especially on the weekly basis. To trade-in earlier and have both - more potential and risk - you can use the daily basis instead. But the risk of a false signal is slightly higher. 2. OBV weekly OBV stands for On-Balance-Volume and symbolize the activity of "smart money". Means a new high in OBV symbols massive institutional activities and could be interpreted that there is a lot of big money in the stock. On the other side new lows symbol the complete opposite. As you can see in the chart above the idea is to figure out new extreme points and use them as an investment chance. In my opinion, we currently see a big uncertainty from institutions about the plans AT&T is planning to go. Or more likely because of the uncertainty the big money went out of the stock to observe the ongoing events and the next steps of the company from the side lane. This brings me to think about against the main stream and feels a lot like over fearing. For me a good signal to get in, because as soon as the smart money comes back, the stock price is likely already jump by 10% or more. 3. CMV weekly The Chaikin-Money-Flow stands for buying pressure when positive and for selling pressure when negative. As you find in the Chart, very often a new low of the CMV leads to a massive return reaction in the chart price. Therefore I am thinking again with this new all time low, the technical pressure to the upside is already in the making and could lead to a new buying period over the next couple of month. What do you think about my interpretation on AT&T? Is it a buy, a hold or still a stock to short? I am already excited about your additional indicators that had work for you and what this indicators may tell about the next move of the AT&T stock. Please also feel free to comment critic on my interpretation, but it would be great, when you also add some value how to do better in future. Again thank you very much for your time and if this was value for you, you are always welcome to donate. That helps me to stay motivated in sharing my analysis. Best wishes and maximum profit for all of you. Daniel from EcoFinLife >>> When all passengers in a boat are leaning to much over port it's time to go to starboard. Earlier than later the others will follow. <<<
NYSE:TLong
by TradingMasteryHub
6
Bitcoin (BTC) - December 30Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (XBTUSD 1W Chart) - Mid-Long-Term Perspective Above the 27650.0-29350.0 section: An uptrend expected to continue. Above 47010.0 point: Expected to create a new wave. In order to accelerate the upward trend, it is expected that the CCI line must rise above the EMA line in the CCI-RC indicator. (XBTUSD 1D Chart) First resistance section: around 55164.5 Second resistance section: 60811.0-63634.5 Support section: around 38225.0 The 46695.0-49518.0 interval is an important interval that determines the trend. Accordingly, if there is a movement below the 45211.0 point or above the 50876.0 point, we expect the trend to be determined in that direction. If the price holds above the 50876.0 point, it is expected to turn into an uptrend. Short-term Stop Loss is required if it falls below the 49205.0 point by touching above the 50876.0 point. In addition, if it falls in the section 45211.0-46695.0, Stop Loss is required to preserve profit and loss. The wRSI_SR indicator shows a short-term downtrend as the RS line falls below the trend line of the trough. However, if the BTC price is maintained above the 46695.0 point, it is expected to touch above the 49205.0 point. As the center line of OBV in the volume indicator is falling, it can be seen that the volume is decreasing. You need to make sure that the red width of the OBV transitions to the green width. ------------------------------------------- (XBTUSD 1M Chart) - Big Trend All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction. Looking at the big picture, I think 4-5 waves are going on. Depending on how you interpret section A, the wave may be different. Likewise, you need to be more careful in your trading, because the parts that have not yet been created may have the same flow as section A. The expected ascent section is near the 80574.0-83397.0 section. This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section. There are two large resistance intervals to move up to the expected level. The two large resistance sections are sections a and b. If it fails to break through section a upward, I think it can represent the same flow as section A. If it rises above the 72104.0 point with this rise, it is expected that it will not fall below the 26K-29K section (maximum 21K section) even if a bear market continues. If the 38K section is touched, it is expected to lead to a sharp rise. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves. ------------------------------------------------------------ ------------------------------------------- ** 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 convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet. (Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** 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.) ---------------------------------
BITMEX:BTCUSD.P
by readCrypto
Bitcoin (BTC) - December 23Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (XBTUSD 1W Chart) - Mid-Long-Term Perspective Above the 27650.0-29350.0 section: The uptrend is expected to continue. Above 47010.0 point: Expected to create a new wave. In order to accelerate the upward trend, it is expected that the CCI line must rise above the EMA line in the CCI-RC indicator. (XBTUSD 1D Chart) First resistance section: around 55164.5 point Second resistance section: 60811.0-63634.5 Support section: around 38225.0 Short-term Stop Loss is required if it falls below the 49205.0 point by touching above the 50876.0 point. In addition, if it falls in the section 45211.0-46695.0, Stop Loss is required to preserve profit and loss. If the price holds above the 49518.0 point, it is expected to turn into a short-term uptrend. If the price holds above the 50876.0 point, we expect it to continue its upward trend in the medium term. You should see if the red width of the OBV in the volume indicator changes to the green width. (If it transitions to a green width, it means that the buying trend is increasing.) On the CCI-RC indicator, you need to check whether the CCI line can rise above the zero point and above the EMA line. Although there is a possibility that a fake may occur in the 53976.5-55164.5 section, if the OBV indicator (turned to green) and the CCI indicator (rising more than +100 point) are showing an upward trend, it is expected to rise into the second resistance section. The next volatility period is around December 27th. --------------------------------- (ETHUSDT 1D Chart) First resistance section: near 5008.79 point Second resistance section: 5553.35-5825.64 First support section: near point 3343.06 Second support section: 2275.68-2531.05 We need to see if we can move up along the uptrend line (2) and move towards the 4191.93-4464.22 section. It needs to move above the 4191.93 point to turn into a short-term uptrend. From a medium-term perspective, it still maintains an uptrend (above the 3781.93 point). If it goes down, you should check to see if it finds support above the 3885.52 point. On the 1D chart (), the next volatility period is around December 27-31 (maximum December 26-January 1). --------------------------------------------- (BTCUSDTPERP 1D Chart) First resistance section: around 56942.5 point Second resistance section: 62697.4-65574.9 Support section: around 39677.8 point Before the 23rd-27th of December, you need to confirm that the price is holding above the 48310.2 point to break out of the downtrend line. In particular, you need to make sure you can sustain the price above the 50758.4 point. You touched the 51187.6 point and above, so if it falls below the 48310.2 point, you need a short-term Stop Loss. Also, if it falls below the downtrend line, Stop Loss is required to preserve profit and loss. If the price is maintained above the MS-Signal indicator, it is expected to turn into a short-term uptrend. If the price holds above the 50758.4 point, it is expected to continue the upward trend at the mid-point. The next volatility period is around January 12, 2022. ------------------------------------ (Market Cap Chart) (All: ) You should see how the flow of money changes rather than changes in the price chart. So, you should check the trend of USDT chart and USDC chart. (If the USDT and USDC charts are in an uptrend, the coin market is expected to continue the uptrend.) On the USDT chart, a large gap up appears to have occurred. We believe that the rising gap means that funds have flowed into the coin market via USDT. We need to see resistance at the 3.374 point and see if we can move below the 3.164 point. If the following phenomena do not occur, the coin market is expected to maintain an upward trend. Prelude to a downtrend in the coin market - BTC price drop - BTC dominance rise - USDT dominance rise In that sense BTC Dominance (BTC,D): Should rise above the 47.64-48.81 section. USDT Dominance (USDT.D): Must rise above 3.374 point. A phenomenon that can be seen as a change in the coin market to a downtrend - USDT Chart: Falling below 58.376B - USDC Chart: Falling below 23.858B - BTC.D chart: rise above 56.78 points - USDT.D chart: rise above 4.158 point ----------------------------------------------------- (XBTUSD 1M Chart) - Big Trend All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction. Looking at the big picture, I think 4-5 waves are going on. Depending on how you interpret section A, the wave may be different. Likewise, you need to be more careful in your trading, because the parts that have not yet been created may have the same flow as section A. The expected ascent section is near the 80574.0-83397.0 section. This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section. There are two large resistance intervals to move up to the expected level. The two large resistance sections are sections a and b. If it fails to break through section a upward, I think it can represent the same flow as section A. If it rises above the 72104.0 point with this rise, it is expected that it will not fall below the 26K-29K section (maximum 21K section) even if a bear market continues. If the 38K section is touched, it is expected to lead to a sharp rise. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves. ------------------------------------------------------------ ------------------------------------------- ** 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 convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet. (Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** 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.) ---------------------------------
BITMEX:BTCUSD.P
by readCrypto
BTC 12-21-21So btc TI are making bullish moves where we see our indicators making higher lows, yet our price movement sediment was going down. specifically, our macd, tsi, obv, rsi, this means we are likely going to make a bullish break out from our current wedge position, yet our obv is showing we are much lower vol wise than where we were back a few months ago meaning less ppl have money in btc. Regardless of our obv being where it is I am optimistic about making a breakout and pullback across our resistance line from our ath. good luck traders!
Long
by Crypto-RyGuy
Bitcoin Weekly Sell Signal.[LONG TERM]This is my first TA (in this account) This is my long term TA for Bitcoin. BTC confirmed a bear divergence in SQ and OBV OSC has a massive bear divergence confirmed. As you can see since April OBV is not following BTC following the OBV theory. "the volume should follow the price" BTC is in a very critical moment now. Facts( for me): BTC will not hit 100k this year (following my system) As long 48k holds BTC is in weekly uptrend long term bullish for now. CRITICAL if BTC breaks 48k we will see again 30k again but this level will not hold. if 30k breaks we will see 17k or lower in 2022. BULLISH: I want to see 48k holding to keep the trend intact in weekly from there I am expecting a nice bounce. BEARISH: If BTC breaks 48k we will see a weekly downtrend (Bear Market)
BITSTAMP:BTCUSDLong
by LeonidasCrypto
10
BTC/USD a bullish wave pls?!Hi guys. This is my first public analysis and I hope that you like it so let's get into it!!! So we have a Bullish divergence on RSI and also we can see that the power of bears is getting weak in OBV but still we have a strong downtrend in OBV that should break to get 100% sure about next bullish wave. This was our analysis of two of most important indicators than can help us to understand the situation. Let's check the price chart... if the downtrend of obv get break and the chart build 2 bullish candles after that, we have 2 powerful resistance up ahead: First one is: about 50,000$ and the second one is: about 55,000$
BITSTAMP:BTCUSD
by Sajjad_Bayatani
2
Bitcoin (BTC) - December 13Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (BTCUSDT 1W Chart) - Mid-Long-Term Perspective 28130.0-29300.0 or higher: Expected to continue upward trend 41950.0-46930.0 or more: Expected to create a new wave. Looking at the CCI-RC indicator, we can see that the CCI line is above the +100 point, indicating that it is already in an uptrend. However, as it is below the EMA line, it can be said that the uptrend was limited. If the CCI line breaks above the EMA line and rises, it is expected to lead to a sharp rise. It is necessary to check if the center line is rising as the green width of the OBV in the volume indicator increases. An increase in the green width of OBV means that the buying trend is increasing. One interesting phenomenon is that in the wRSI_SR indicator, when the RS line falls below the 20 point and then rises, it looks like a big uptrend. See if this applies again. (1D chart) First resistance section: 60383.36-63162.53 Second resistance section: near point 71500.03 First support section: near the 54825.02 point Second support section: 46487.52-49266.69 We need to find support in the second support zone and see if we can move above the 50931.30 point. In order to turn into a short-term uptrend, the price must rise above the 53951.43 point to maintain the price. A decline from the 45135.66 point could lead to a fall near the 38150.02 point, requiring a short-term Stop Loss. However, careful trading is necessary as there is a possibility of a rebound by touching the C section, which is an uptrend channel. The next volatility period is around December 22. ------------------------------------- (BTCUSDTPERP 1D Chart) First resistance section: 62697.4-65574.9 Second resistance section: near point 74207.2 First support section: near 56942.5 point Second support section: near the 48310.2-51187.6 point It is necessary to check whether the second support section is supported and rises. If it falls from the 47000 point, it could fall again near the 39677.8 point, so you need to think about how to deal with it. In order to turn into an uptrend, the price must rise above the 53233.1 point to hold the price. The next volatility period is around December 18th. ------------------------------------ (Market Cap Chart) (All: ) You should see how the flow of money changes rather than changes in the price chart. So, you should check the trend of USDT chart and USDC chart. (If the USDT and USDC charts are in an uptrend, the coin market is expected to continue the uptrend.) It is necessary to check whether the same movement as section A is displayed on the USDT.D chart. Therefore, we expect movement around the week that includes December 13th. It remains to be seen whether a drop below the 2.910 point will lead to an uptrend, or a move above the 3.374 point for a short-term downtrend. If the following phenomena do not occur, the coin market is expected to maintain an upward trend. A harbinger of a transition to a downtrend in the coin market - BTC price drop - BTC dominance rise - USDT dominance rise In that sense BTC Dominance (BTC,D): Should rise above the 47.64-48.81 section. USDT Dominance (USDT.D): Must rise above 3.374 point. A phenomenon that can be seen as a change in the coin market to a downtrend - USDT Chart: Falling below 58.376B - USDC Chart: Falling below 23.858B - BTC.D chart: rise above 56.78 points - USDT.D chart: rise above 4.158 point ------------------------------------------- (XBTUSD 1M Chart) - Big Trend All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction. Looking at the big picture, I think 4-5 waves are going on. Depending on how you interpret section A, the wave may be different. Likewise, you need to be more careful in your trading, because the parts that have not yet been created may have the same flow as section A. The expected ascent section is near the 80574.0-83397.0 section. This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section. There are two large resistance intervals to move up to the expected level. The two large resistance sections are sections a and b. If it fails to break through section a upward, I think it can represent the same flow as section A. If it rises above the 72104.0 point with this rise, it is expected that it will not fall below the 26K-29K section (maximum 21K section) even if a bear market continues. If the 38K section is touched, it is expected to lead to a sharp rise. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves. ------------------------------------------------------------ ------------------------------------------- ** 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 convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet. (Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** 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.) ---------------------------------
by readCrypto
1
Bitcoin - Short term pain before the gainI doubt BTC price can hold ~$50k. This chart shows scenarios I see most likely and either one would include a short term drop to either the upper support level (note 4) around $40k or lower support level (note 5) around $30k. Looking at the OBV indicator which I find great for helping with breakout moves it shows we are coming to a point where medium term support (note 1) and short term resistance (note 2) are about to meet . You can see that when this happened last time (note 3) in early October a big move to the upside followed. 1st Scenario is that we are looking at part of a head & shoulders pattern (note 7) and a meeting of the OBV points results in a small break to the upside but there is overhead resistance around $52k to look out for which would likely push BTC back down to support levels again and thus complete the right shoulder pattern. 2nd Scenario is we disregard the left shoulder / the whole head & shoulders pattern and instead we are looking at rounded bearish top and a meeting of the OBV points results in a break to the downside which could push BTC down to ~$30k lower support zone. If this happens then I'd assume BTC will have a period of accumulation again whilst the market stabilizes and the price will bounce between $40k - $50k same as what happened May - July this year (note 6). My conclusion is BTC will be going back up again and smashing new all time highs........BUT I see more short term pain (for the HODL's) before this next major move to the upside.
Short
by gary_trades
Bitcoin (BTC) - December 11Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (BTCUSDT 1W Chart) - Mid-Long-Term Perspective 28130.0-29300.0 or higher: Expected to continue upward trend 41950.0-46930.0 or more: Expected to create a new wave. Looking at the CCI-RC indicator, we can see that the CCI line is above the +100 point, indicating that it is already in an uptrend. However, as it is below the EMA line, it can be said that the uptrend was limited. If the CCI line breaks above the EMA line and rises, it is expected to lead to a sharp rise. It is necessary to check if the center line is rising as the green width of the OBV in the volume indicator increases. An increase in the green width of OBV means that the buying trend is increasing. One interesting phenomenon is that in the wRSI_SR indicator, when the RS line falls below the 20 point and then rises, it looks like a big uptrend. See if this applies again. (1D chart) First resistance section: 60383.36-63162.53 Second resistance section: near point 71500.03 First support section: near the 54825.02 point Second support section: 46487.52-49266.69 We need to see if we can find support in the second support zone and move above the 50931.30 point. In order to turn into a short-term uptrend, the price must rise above the 53951.43 point to maintain the price. A decline from the 45135.66 point could lead to a fall near the 38150.02 point, requiring a short-term Stop Loss. The next volatility period is around December 22. ------------------------------------- (BTCUSDTPERP 1D Chart) First resistance section: 62697.4-65574.9 Second resistance section: near point 74207.2 First support section: near 56942.5 point Second support section: near the 48310.2-51187.6 point It is necessary to check whether the second support section is supported and rises. If it falls from the 47000 point, it could fall again near the 39677.8 point, so you need to think about how to deal with it. In order to transition into an uptrend, the price must rise above the 53233.1 point to hold the price. The next volatility period is around December 18th. ------------------------------------ (Market Cap Chart) (Full: ) You should see how the flow of money changes rather than changes in the price chart. So, you should check the trend of USDT chart and USDC chart. (If the USDT and USDC charts are trending upward, the coin market is expected to continue the upward trend.) It is necessary to check whether the same movement as section A is displayed on the USDT.D chart. Therefore, we expect movement around the week that includes December 13th. It remains to be seen whether a drop below the 2.910 point will lead to an uptrend, or a move above the 3.374 point for a short-term downtrend. If the following phenomena do not occur, the coin market is expected to maintain an upward trend. A harbinger of a transition to a downtrend in the coin market - BTC price drop - BTC dominance rise - USDT dominance rise In that sense BTC Dominance (BTC,D): Should rise above the 47.64-48.81 section. USDT Dominance (USDT.D): Must rise above 3.374 point. A phenomenon that can be seen as a change in the coin market to a downtrend - USDT Chart: Falling below 58.376B - USDC Chart: Falling below 23.858B - BTC.D chart: rise above 56.78 points - USDT.D chart: rise above 4.158 point ------------------------------------------- (XBTUSD 1M Chart) - Big Trend All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction. Looking at the big picture, I think 4-5 waves are going on. Depending on how you interpret section A, the wave may be different. Likewise, you need to be more careful in your trading, because the parts that have not yet been created may have the same flow as section A. The expected ascent section is near the 80574.0-83397.0 section. This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section. There are two large resistance intervals to move up to the expected level. The two large resistance sections are sections a and b. If it fails to break through section a upward, I think it can represent the same flow as section A. If it rises above the 72104.0 point with this rise, it is expected that it will not fall below the 26K-29K section (maximum 21K section) even if a bear market continues. If the 38K section is touched, it is expected to lead to a sharp rise. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves. ------------------------------------------------------------ ------------------------------------------- ** 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 convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet. (Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** 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.) ---------------------------------
by readCrypto
4
Bitcoin (BTC) - December 8Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (BTCUSDT 1W Chart) - Mid-Long-Term Perspective 28130.0-29300.0 or higher: Expected to continue upward trend 41950.0-46930.0 or more: Expected to create a new wave. Looking at the CCI-RC indicator, we can see that the CCI line is above the +100 point, indicating that it is already in an uptrend. However, as it is below the EMA line, it can be said that the uptrend was limited. If the CCI line breaks above the EMA line and rises, it is expected to lead to a sharp rise. It is necessary to check if the center line is rising as the green width of the OBV in the volume indicator increases. An increase in the green width of OBV means that the buying trend is increasing. One interesting phenomenon is that in the wRSI_SR indicator, when the RS line falls below the 20 point and then rises, it seems to be a big uptrend. See if this applies again. (1D chart) First resistance section: 60383.36-63162.53 Second resistance section: near point 71500.03 First support section: near the 54825.02 point Second support section: 46487.52-49266.69 If the price holds above the 49266.69 point, I would expect it to move above the 50931.30 point. In order to turn into a short-term uptrend, the price must rise above the 53951.43 point to maintain the price. I think the second support section is an important section that determines the trend. Therefore, a decline from the 45135.66 point could lead to a decline near the 38150.02 point, requiring a short-term stop loss. The next volatility period is around December 22. ------------------------------------- (BTCUSDTPERP 1D Chart) First resistance section: 62697.4-65574.9 Second resistance section: near point 74207.2 First support section: near 56942.5 point Second support section: near the 48310.2-51187.6 point It is necessary to check whether the second support section is supported and rises. If it falls from the 47000 point, it could fall again near the 39677.8 point, so you need to think about how to deal with it. In order to transition into an uptrend, the price must rise above the 53233.1 point to hold the price. The next volatility period is around December 18th. ------------------------------------ (Market Cap Chart) You should see how the flow of money changes rather than changes in the price chart. So, you should check the trend of USDT chart and USDC chart. (If the USDT and USDC charts are in an uptrend, the coin market is expected to continue the uptrend.) It is necessary to check whether the same movement as section A is displayed on the USDT.D chart. Therefore, we expect movement around the week that includes December 13th. It remains to be seen whether a drop below the 2.910 point will lead to an uptrend, or a move above the 3.374 point for a short-term downtrend. If the following phenomena do not occur, the coin market is expected to maintain an upward trend. Prelude to a downtrend in the coin market - BTC price drop - BTC dominance rise - USDT dominance rise In that sense BTC Dominance (BTC,D): Should rise above the 47.64-48.81 section. USDT Dominance (USDT.D): Must rise above 3.374 point. A phenomenon that can be seen as a change in the coin market to a downtrend - USDT Chart: Falling below 58.376B - USDC Chart: Falling below 23.858B - BTC.D chart: rise above 56.78 points - USDT.D chart: rise above 4.158 point ----------------------------------------------------- (XBTUSD 1M Chart) - Big Trend All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction. Looking at the big picture, I think 4-5 waves are going on. Depending on how you interpret section A, the wave may be different. Likewise, you need to be more careful in your trading, because the parts that have not yet been created may have the same flow as section A. The expected ascent section is near the 80574.0-83397.0 section. This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section. There are two large resistance intervals to move up to the expected level. The two large resistance sections are sections a and b. If it fails to break through section a upward, I think it can represent the same flow as section A. If it rises above the 72104.0 point with this rise, it is expected that it will not fall below the 26K-29K section (maximum 21K section) even if a bear market continues. If the 38K section is touched, it is expected to lead to a sharp rise. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves. ------------------------------------------------------------ ------------------------------------------- ** 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 convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet. (Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** 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.) ---------------------------------
by readCrypto
Bitcoin (BTC) - December 6Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (BTCUSDT 1W Chart) - Mid-Long-Term Perspective 28130.0-29300.0 or higher: Expected to continue upward trend 41950.0-46930.0 or more: Expected to create a new wave. Looking at the CCI-RC indicator, we can see that the CCI line is above the +100 point, indicating that it is already in an uptrend. However, as it is below the EMA line, it can be said that the uptrend was limited. If the CCI line breaks above the EMA line and rises, it is expected to lead to a sharp rise. It is necessary to check if the center line is rising as the green width of the OBV in the volume indicator increases. An increase in the green width of OBV means that the buying trend is increasing. One interesting phenomenon is that in the wRSI_SR indicator, when the RS line falls below the 20 point and then rises, it looks like a big uptrend. See if this applies again. (1D chart) First resistance section: 60383.36-63162.53 Second resistance section: near point 71500.03 First support section: near the 54825.02 point Second support section: 46487.52-49266.69 The points accelerating the uptrend are changing from 1 (56578.21) -> 2 (66001.41) -> 3 (49152.47). Therefore, the second support section is expected to be an important section to determine the trend. There are signs of a transition from an uptrend to a downtrend as the point that accelerates the uptrend is falling, but now it is a buy time as more money is flowing into the coin market. This buying period is an aggressive buying point, and it is also not an easy place to buy unless you are familiar with short-term trading. If the price holds for the week at position 3 (49152.47), which is the accelerating point of the uptrend, i.e. the 45135.66-50931.30 range, I would expect an uptrend reversal. A decline from the 45135.66 point could lead to a drop near the 38150.02 point, so we need to think about how to deal with it. In order to turn into a short-term uptrend, the price must rise above the 53951.43 point to maintain the price. The next volatility period is around December 22. ------------------------------------- (BTCUSDTPERP 1D Chart) First resistance section: 62697.4-65574.9 Second resistance section: near point 74207.2 First support section: near 56942.5 point Second support section: near the 48310.2-51187.6 point We need to see if we can get support and move up in the second support zone. If it falls from the 47000 point, it could fall again near the 39677.8 point, so you need to think about how to deal with it. In order to transition into an uptrend, the price must rise above the 53233.1 point to hold the price. The next volatility period is around December 18th. ------------------------------------ (Market Cap Chart) You should see how the flow of money changes rather than changes in the price chart. So, you should check the trend of USDT chart and USDC chart. (If the USDT and USDC charts are in an uptrend, the coin market is expected to continue the uptrend.) It is necessary to check whether the same movement as section A is displayed on the USDT.D chart. Therefore, we expect movement around the week that includes December 13th. It remains to be seen whether a drop below the 2.910 point will lead to an uptrend, or a move above the 3.374 point for a short-term downtrend. If the following phenomena do not occur, the coin market is expected to maintain an upward trend. A harbinger of a transition to a downtrend in the coin market - BTC price drop - BTC dominance rise - USDT dominance rise In that sense BTC Dominance (BTC,D): Should rise above the 47.64-48.81 section. USDT Dominance (USDT.D): Must rise above 3.374 point. A phenomenon that can be seen as a change in the coin market to a downtrend - USDT Chart: Falling below 58.376B - USDC Chart: Falling below 23.858B - BTC.D chart: rise above 56.78 points - USDT.D chart: rise above 4.158 point ------------------------------------------- (XBTUSD 1M Chart) - Big Trend All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction. Looking at the big picture, I think 4-5 waves are going on. Depending on how you interpret section A, the wave may be different. Likewise, you need to be more careful in your trading, because the parts that have not yet been created may have the same flow as section A. The expected ascent section is near the 80574.0-83397.0 section. This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section. There are two large resistance intervals to move up to the expected level. The two large resistance sections are sections a and b. If it fails to break through section a upward, I think it can represent the same flow as section A. If it rises above the 72104.0 point with this rise, it is expected that it will not fall below the 26K-29K section (maximum 21K section) even if a downtrend continues. If the 38K section is touched, it is expected to lead to a sharp rise. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** 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 convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet. (Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** 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.) ---------------------------------
by readCrypto
4
Bitcoin (BTC) - December 4Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (BTCUSDT 1W Chart) - Mid-Long-Term Perspective 28130.0-29300.0 or higher: Expected to continue upward trend 41950.0-46930.0 or more: Expected to create a new wave. Looking at the CCI-RC indicator, we can see that the CCI line is above the +100 point, indicating that it is already in an uptrend. However, as it is below the EMA line, it can be said that the uptrend was limited. If the CCI line breaks above the EMA line and rises, it is expected to lead to a sharp rise. It is necessary to check if the center line is rising as the green width of the OBV in the volume indicator increases. An increase in the green width of OBV means that the buying trend is increasing. One interesting phenomenon is that in the wRSI_SR indicator, when the RS line falls below the 20 point and then rises, it looks like a big uptrend. See if this applies again. (1D chart) First resistance section: 60383.36-63162.53 Second resistance section: near point 71500.03 First support section: near the 54825.02 point Second support section: 46487.52-49266.69 The move is attempting to accelerate the downward trend by breaking out of the first support zone of 53951.43-56578.21. We need to see if this trend can give us a chance to rebound when the CCI line touches the zero point on the CCI-RC indicator. Accordingly, you should check the movement between December 3rd and 5th. It remains to be seen if the same move as the uptrend that started on September 29 can come again. In order to transition into a short-term uptrend, the price must rise above the 56578.21 point to hold the price. The price should remain above the 66001.41 point to accelerate the uptrend that started on July 21st. If the decline is found at 53951.43 and finds resistance, a short-term Stop Loss is necessary as it is likely to fall near the 41950.0 point. Even if the above decline occurs, it is highly likely that it will be temporary, so we are not considering it. However, given the nature of the investment market, we should think about countermeasures. The next volatility period is around December 22. ------------------------------------- (BTCUSDTPERP 1D Chart) First resistance section: 62697.4-65574.9 Second resistance section: near point 74207.2 First support section: near 56942.5 point Second support section: near the 48310.2-51187.6 point A decline from the 53233.1 point is likely to turn into a downtrend even in the medium term. However, careful trading is required as it can rise with support in the 51187.6-53233.1 section. Touching the second support area could lead to further declines near the 39677.8 point, so you need to think about how to respond. In order to turn into a short-term uptrend, it must rise above the first support level. The next volatility period is around December 18th. ------------------------------------ (Market Cap Chart) You should see how the flow of money changes rather than changes in the price chart. So, you should check the trend of USDT chart and USDC chart. (If the USDT and USDC charts are trending upward, the coin market is expected to continue the upward trend.) It is necessary to check whether the same movement as section A is displayed on the USDT.D chart. Therefore, we expect movement around the week that includes December 13th. It remains to be seen whether a drop below the 2.910 point will lead to an uptrend, or a move above the 3.374 point for a short-term downtrend. If the following phenomena do not occur, the coin market is expected to maintain an upward trend. A harbinger of a transition to a downtrend in the coin market - BTC price drop - BTC dominance rise - USDT dominance rise In that sense BTC Dominance (BTC,D): Should rise above the 47.64-48.81 section. USDT Dominance (USDT.D): Must rise above 3.374 point. A phenomenon that can be seen as a change in the coin market to a downtrend - USDT Chart: Falling below 58.376B - USDC Chart: Falling below 23.858B - BTC.D chart: rise above 56.78 points - USDT.D chart: rise above 4.158 point ------------------------------------------- (XBTUSD 1M Chart) - Big Trend All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction. Looking at the big picture, I think 4-5 waves are going on. Depending on how you interpret section A, the wave may be different. Likewise, you need to be more careful in your trading, because the parts that have not yet been created may have the same flow as section A. The expected ascent section is near the 80574.0-83397.0 section. This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section. There are two large resistance intervals to move up to the expected level. The two large resistance sections are sections a and b. If it fails to break through section a upward, I think it can represent the same flow as section A. If it rises above the 72104.0 point with this rise, it is expected that it will not fall below the 26K-29K section (maximum 21K section) even if a bear market continues. If the 38K section is touched, it is expected to lead to a sharp rise. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves. ------------------------------------------------------------ ------------------------------------------- ** 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 convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet. (Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** 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.) ---------------------------------
by readCrypto
2
Bitcoin (BTC) - December 3Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (XBTUSD 1W Chart) - Mid-Long-Term Perspective Above the 27650.0-29350.0 section: An uptrend expected to continue. Above 47010.0 point: Expected to create a new wave. As the green width of OBV in the volume indicator increases, it is necessary to check if there is an upward movement in the center line. On the wRSI_SR indicator, we need to see if the RS line can hold above 80 until the SR line rises above 80. In the CCI-RC indicator, it is necessary to check whether the CCI line can be maintained above the +100 point. In particular, it is necessary to check whether the flow can be seen to rise above the EMA line. However, the same movement as in section A may occur, so it is recommended to check that there is an upward movement. However, as it is a 1W chart, it is reflected too late, so we need to make sure that the price stays above the 58464.0 point. If it goes down in section a, it is expected to touch the uptrend line passing through section b. In fact, I think that's unlikely. For the reason, please refer to the explanation of the Market Cap chart. (1D chart) First resistance section: 60811.0-63634.5 Second resistance section: near the 72104.0 point First support section: near 55164.5 point Second support section: 46695.0-49518.0 I need to see if I can keep the price above the 56641.5 point. During the volatility period around December 3 (December 2-4), you should see movement outside the 55164.5-58464.0 interval. - You should check if the red width of the OBV in the volume indicator is decreasing. - On the CCI-RC indicator, you need to check whether the CCI line rises above the +100 point. We need to see if we can hold the price above the 58464.0 point in order to turn into a short-term uptrend. To accelerate the uptrend, the price needs to rise above the 66059.5 point to hold the price. ----------------------------- (ETHUSDT 1D Chart) First resistance section: near 5008.79 point Second resistance section: 5553.35-5825.64 First support section: near point 3343.06 Second support section: 2275.68-2531.05 We need to see if the price can be maintained above the 4372.72-4464.22 segment. If it falls in section B (3582.10-3885.52), there is a possibility that it will fall to section 2275.68-2531.05, so you need to think about countermeasures. ---------------------------------- (BTCUSDTPERP 1D Chart) First resistance section: 62697.4-65574.9 Second resistance section: near point 74207.2 First support section: near 56942.5 point Second support section: near the 48310.2-51187.6 point We need to see if we can sustain the price above the first support level. It needs to move above the 60042.8 point to turn into a short-term uptrend. The price should remain above the 66927.9 point to accelerate the uptrend. If the first support area moves downward, it is likely to touch the second support area. If the second support level is touched, there is a possibility that the price will drop near the 39677.8 point, so you need to be careful when falling below the first support level. The next volatility period is around December 18th. ------------------------------------ (Market Cap Chart) You should see how the flow of money changes rather than changes in the price chart. So, you should check the trend of USDT chart and USDC chart. If the following phenomena do not occur, the coin market is expected to maintain an upward trend. Prelude to a downtrend in the coin market - BTC price drop - BTC dominance rise - USDT dominance rise In that sense BTC Dominance (BTC,D): Should rise above the 47.64-48.81 section. USDT Dominance (USDT.D): Must rise above 3.374 point. A phenomenon that can be seen as a change in the coin market to a downtrend - USDT Chart: Falling below 58.376B - USDC Chart: Falling below 23.858B - BTC.D chart: rise above 56.78 points - USDT.D chart: rise above 4.158 point ------------------------------------------- (XBTUSD 1M Chart) - Big Trend All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction. Looking at the big picture, I think 4-5 waves are going on. Depending on how you interpret section A, the wave may be different. Likewise, you need to be more careful in your trading, because the parts that have not yet been created may have the same flow as section A. The expected ascent section is near the 80574.0-83397.0 section. This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section. There are two large resistance intervals to move up to the expected level. The two large resistance sections are sections a and b. If it fails to break through section a upward, I think it can represent the same flow as section A. If it rises above the 72104.0 point with this rise, it is expected that it will not fall below the 26K-29K section (maximum 21K section) even if a bear market continues. If the 38K section is touched, it is expected to lead to a sharp rise. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves. ------------------------------------------------------------ ------------------------------------------- ** 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 convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet. (Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** 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.) ---------------------------------
BITMEX:BTCUSD.P
by readCrypto
1
Cardano´s 7 tasks on the 4 h chart - 3 of them closed?Cardano just flipped the MA Ribbon bullish and found support on OBV and 0.786 FIB price-level. done - 1. hold the OBV support done - 2. hold the 0.786 FIB support done - 3. flip the MA Ribbon bullish 4. break the 200 SMA 5. break the red price channel 6. break the volume resistance 7. break the red OBV resistance Hopefuly no fake-signal 😎 Drop me a nice comment if you'd like me to analyze any other cryptocurrency. *no financial advice do your own research before investing
KRAKEN:ADAUSDLong
by Crypto4Everybody
Bitcoin (BTC) - December 1Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (BTCUSDT 1W Chart) - Medium to Long-Term Perspective 28130.0-29300.0 or higher: expected to continue upward trend 41950.0-46930.0 or more: Expected to create a new wave. Looking at the CCI-RC indicator, we can see that the CCI line is above the +100 point, indicating that it is already in an uptrend. However, as it is below the EMA line, it can be said that the uptrend was limited. If the CCI line breaks above the EMA line and rises, it is expected to lead to a sharp rise. It is necessary to check if the center line is rising as the green width of the OBV in the volume indicator increases. An increase in the green width of OBV indicates that the buying trend is increasing. One interesting phenomenon is that in the wRSI_SR indicator, when the RS line falls below the 20 point and then rises, it looks like a big uptrend. See if this applies again. (1D chart) First resistance section: 60383.36-63162.53 Second resistance section: near point 71500.03 First support section: near the 54825.02 point Second support section: 46487.52-49266.69 We need to see if we can keep the price above the 56578.21 point. It must rise above the 59500.0 point to turn into a short-term uptrend. The price should remain above the 66001.41 point to accelerate the uptrend that started on July 21st. In the CCI-RC indicator, the CCI line has fallen to the +100 point, so it is expected that it will take time to stock up on strength. Between December 4th (December 3-5), you should see if the CCI line rises above the +100 point. If the 53951.43 point declines and finds resistance, a short-term Stop Loss is needed as it is likely to fall near the 41950.0 point. Even if the above decline occurs, it is highly likely that it will be temporary, so we are not considering it. However, given the nature of the investment market, we should think about countermeasures. The next volatility period is around December 22. ------------------------------------- (BTCUSDTPERP 1D Chart) First resistance section: 62697.4-65574.9 Second resistance section: near point 74207.2 First support section: near 56942.5 point Second support section: near the 48310.2-51187.6 point We need to see if we can sustain the price above the first support level. It needs to move above the 60042.8 point to turn into a short-term uptrend. The price should remain above the 66927.9 point to accelerate the uptrend. If the first support area moves downward, it is likely to touch the second support area. If the second support level is touched, there is a possibility that the price will fall near the 39677.8 point, so you need to be careful when falling below the first support level. The next volatility period is around December 18th. ------------------------------------ (Market Cap Chart) You should see how the flow of money changes rather than changes in the price chart. So, you should check the trend of USDT chart and USDC chart. If the following phenomena do not occur, the coin market is expected to maintain an upward trend. A harbinger of a transition to a downtrend in the coin market - BTC price drop - BTC Dominance Rise - USDT dominance rise In that sense BTC Dominance (BTC,D): Should rise above the 47.64-48.81 section. USDT Dominance (USDT.D): Must rise above 3.374 point. A phenomenon that can be seen as a change in the coin market to a downtrend - USDT Chart: Falling below 58.376B - USDC Chart: Falling below 23.858B - BTC.D chart: rise above 56.78 points - USDT.D chart: rise above 4.158 point ----------------------------------------------------- (XBTUSD 1M Chart) - Big Trend All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction. Looking at the big picture, I think 4-5 waves are going on. Depending on how you interpret section A, the wave may be different. Likewise, you need to be more careful in your trading, because the parts that have not yet been created may have the same flow as section A. The expected ascent section is near the 80574.0-83397.0 section. This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section. There are two large resistance zones to move up to the expected zone. The two large resistance sections are section a and section b. If it fails to break through section a upward, I think it can represent the same flow as section A. If it rises above the 72104.0 point with this rise, it is expected that it will not fall below the 26K-29K section (maximum 21K section) even if a bear market continues. If the 38K section is touched, it is expected to lead to a sharp rise. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** 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-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet. (Since it is not publicly available, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** 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.) ---------------------------------
by readCrypto
1
FTTUSDT : expect GREAT gains ahead! There is a great chance for gains trading FTT right now! I strongly belive that this coin is on a verge of doing great things! I will explain my reasoning in detail: FTT is testing a major support confluence: - A strong horizontal support - High time frame diagonal trendline support - 200 daily EMA as a support - Important Fib level s a support - Daily OBV is showing a strong bullish divergence - Weekly OBV is showing a strong bullish divergence - Weekly stochastic RSI is in the making of a bullish cross - Broke 4h EMA50, and turned it to support - Bullish 13-21-50 EMA cross on 4h What we can see is a consolidation on a strong support confluence, backed up by High time frame momentum indicator signals. At the same time, we have lower time frame confirmations. This chart is a giver! There are always multiple scenarios to play, but rarely this much. - If you are a risk-taker, a buy rightnow with a Stop-Loss (SL) beneath the horizontal support at 43$ is a maximum profit strategy. The price needs to break trough 20 and 50 EMA on daily, and later diagonal trendline resistance, and horizontal resistance on its way to ATH. Do not expect such a movement to be momentarily, as there are a lot of resistance to be broken. But, considering the Weekly stochastic RSI, and daily and Weekly OBV, I think that a BIG move is coming! Congrats on your courage, if you took this path! You are a true man of action! - For a medium risk-takers wait for the price to conquer daily EMA 21 and 50, and 4h EMA 200. They are in a similar zone, confluent with the upper edge of the green rectangle, around 53$. Turning this resistance zone to the support will be a strong bullish sign. Going this route is probably the smartest. Riding on the most of the upwards wawe, but also waiting for a stronger bullsih confirmation. - For you guys who don't like to risk much, I understand you. Trading is not gambling. You like your trades clean and risk-free. And that is a great principle to follow. Wait for the price to conquer the diagonal trendline, and even the horizontal resistance represented by the blue rectangle. Turning this area to support during a retest will be the most risk-averse strategy. BONUS: Short time frame low-risk strategy. For you guys who are more into the immediate results, going to the 4h chart is the right way . If the price stays above EMA50 on 4h, wait for the confirmation: bullish cross on a stochastic RSI + bullish engulfing candle, or bullish pinbar candle. SL is below the daily EMA 200. TP is the blue rectangle resistance zone. R:R is 2:1. Dear TA entusiasts, which path did you choose? Is there any way you would improve the setup? I would really like to hear your thoughts and see your results. Do comment below, and share if you liked what you read.
by Dr_Stefan
2
Bitcoin (BTC) - November 30Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (XBTUSD 1W Chart) - Mid-Long-Term Perspective Above the 27650.0-29350.0 interval: expected to continue upward trend. Above 47010.0 point: Expected to create a new wave. As the green width of the OBV in the volume indicator increases, it is necessary to check if there is an upward movement in the center line. On the wRSI_SR indicator, we need to see if the RS line can hold above 80 until the SR line rises above 80. In the CCI-RC indicator, it is necessary to check whether the CCI line can be maintained above the +100 point. In particular, it is necessary to check whether the flow can be seen to rise above the EMA line. However, the same movement as in section A may occur, so it is recommended to check that there is an upward movement. However, as it is a 1W chart, it is reflected too late, so we need to make sure that the price stays above the 58464.0 point. If it goes down in section a, it is expected to touch the uptrend line passing through section b. In fact, I think that's unlikely. Please refer to the explanation of the Market Cap chart for the reason. (1D chart) First resistance section: 60811.0-63634.5 Second resistance section: near the 72104.0 point First support section: near 55164.5 point Second support section: 46695.0-49518.0 It's a frantic chart, but it shows that it's not too far away for an uptrend like the 30th of September. It is worth checking if these movements occur during the volatility period around December 3 (December 2-4). - You should check if the red width of the OBV in the volume indicator is decreasing. - On the CCI-RC indicator, you need to check whether the CCI line rises above the +100 point. We need to see if we can hold the price above the 58464.0 point in order to turn into a short-term uptrend. To accelerate the uptrend, the price must rise above the 66059.5 point to hold the price. (ETHUSDT 1D Chart) There is movement in section A (above the 3885.52 point), which is the previous high point section. If it falls in section B (3582.10-3885.52), there is a possibility that it will fall to section 2275.68-2531.05, so you need to think about countermeasures. The price should remain above the 4220.37 point to continue the uptrend that started on July 21st. Therefore, we need to find support at the 4191.93-4464.22 section and see if we can move along the uptrend line (1). First resistance section: near 5008.79 point Second resistance section: 5553.35-5825.64 First support section: near point 3343.06 Second support section: 2275.68-2531.05 ---------------------------------- (BTCUSDTPERP 1D Chart) First resistance section: 62697.4-65574.9 Second resistance section: near point 74207.2 First support section: near 56942.5 point Second support section: near the 48310.2-51187.6 point We need to see if we can sustain the price above the first support level. It needs to move above the 60042.8 point to turn into a short-term uptrend. The price should remain above the 66927.9 point to accelerate the uptrend. If the first support area moves downward, it is likely to touch the second support area. If the second support level is touched, there is a possibility that the price will drop near the 39677.8 point, so you need to be careful when falling below the first support level. The next volatility period is around December 18th. ------------------------------------ (Market Cap Chart) You should see how the flow of money changes rather than changes in the price chart. So, you should check the trend of USDT chart and USDC chart. A harbinger of a transition to a downtrend in the coin market - BTC price drop - BTC Dominance Rise - USDT dominance rise In that sense BTC Dominance (BTC,D): Should rise above the 47.64-48.81 section. USDT Dominance (USDT.D): It should rise above 3.374 points. A phenomenon that can be seen as a change in the coin market to a downtrend - USDT Chart: Falling below 58.376B - USDC Chart: Falling below 23.858B - BTC.D chart: rise above 56.78 points - USDT.D chart: rise above 4.158 point ----------------------------------------------------- (XBTUSD 1M Chart) - Big Trend All patterns and waves can be known when they are completed, so it is best to conduct a trade that fits your average unit price rather than a trade based on prediction. Looking at the big picture, I think 4-5 waves are going on. Depending on how you interpret section A, the wave may be different. Likewise, you need to be more careful in your trading, because the parts that have not yet been created may have the same flow as section A. The expected ascent section is near the 80574.0-83397.0 section. This is an estimated value considering the fluctuation range that has risen from the 1st section to the 2nd section. There are two large resistance zones to move up to the expected zone. The two large resistance sections are section a and section b. If it fails to break through section a upward, I think it can represent the same flow as section A. If it rises above the 72104.0 point with this rise, it is expected that it will not fall below the 26K-29K section (maximum 21K section) even if a downtrend continues. If the 38K section is touched, it is expected to lead to a sharp rise. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether the price trend is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** 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-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released. (Because it is not public, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying the 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.) ---------------------------------
BITMEX:BTCUSD.P
by readCrypto
7
Bitcoin (BTC) - November 29Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (BTCUSDT 1W Chart) - Medium to Long-Term Perspective 28130.0-29300.0 or higher: Expected to continue upward trend 41950.0-46930.0 or more: Expected to create a new wave. Looking at the CCI-RC indicator, we can see that the CCI line is above the +100 point, indicating that it is already in an uptrend. However, as it is below the EMA line, it can be said that the uptrend was limited. If the CCI line breaks above the EMA line and rises, it is expected to lead to a sharp rise. It is necessary to check if the center line is rising as the green width of the OBV in the volume indicator increases. An increase in the green width of OBV indicates that the buying trend is increasing. (1D chart) First resistance section: 60383.36-63162.53 Second resistance section: near point 71500.03 First support section: near the 54825.02 point Second support section: 46487.52-49266.69 During the volatility period around November 29 (maximum November 20-30), you need to see if there is a sharp rise in the first support zone. This is because such a sharp rise is expected to result in a movement similar to the A section indicated in the wRSI_SR indicator. However, since the CCI line has fallen to the +100 point in the CCI-RC indicator, it is expected that it will take time to stock up on strength. You should see if the CCI line rises near the zero point. The price should hold above the 56578.21 point to turn into a short-term uptrend. In order to continue the short-term uptrend, it must rise above the MS-Signal indicator. It should move above the 66001.41 point to continue the uptrend that started on July 21st. ------------------------------------- (BTCUSDTPERP 1D Chart) First resistance section: 62697.4-65574.9 Second resistance section: near point 74207.2 First support section: near 56942.5 point Second support section: near the 48310.2-51187.6 point During the volatility period around November 29 (up to November 24-30), we need to see if we can move higher with a sharp move. To accelerate the uptrend, the price should remain above the 60042.8 point. If you find resistance by dropping from the 54987.2 point, you may want to touch the second support zone, so you need to be careful with your trades. ------------------------------------ (Market Cap Chart) You should see how the flow of money changes rather than changes in the price chart. So, you should check the trend of USDT chart and USDC chart. When the prices of BTC and ETH fall, funds are rather coming into the coin market. It is worth noting the rise of the USDC chart. It is speculated that US investment institutions are putting a lot of money into the coin market. We believe that this move may have something to do with the US SEC and the government's crypto-asset policy. A harbinger of a transition to a downtrend in the coin market - BTC price drop - BTC Dominance Rise - USDT dominance rise In that sense BTC Dominance (BTC,D): Should rise above the 47.64-48.81 section. USDT Dominance (USDT.D): Must rise above 3.374 point. A phenomenon that can be seen as a change in the coin market to a downtrend - USDT Chart: Falling below 58.376B - USDC Chart: Falling below 23.858B - BTC.D chart: rise above 56.78 points - USDT.D chart: rise above 4.158 point ----------------------------------------------------- (XBTUSD 1M Chart) - Big Trend All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction. Looking at the big picture, I think a 4-5 wave is going on. Depending on how you interpret section A, the wave may be different. Likewise, you need to be more careful in your trading, as the parts that have not yet been created may have the same flow as section A. The expected ascent section is near the 80574.0-83397.0 section. This is an estimated value considering the fluctuation range that has risen from the 1st section to the 2nd section. There are two large resistance zones to move up to the expected zone. The two large resistance sections are section a and section b. If it fails to break through section a upward, I think it can represent the same flow as section A. If it rises above the 72104.0 point with this rise, it is expected that it will not fall below the 26K-29K section (maximum 21K section) even if a bear market continues. If the 38K section is touched, it is expected to lead to a sharp rise. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** 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-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet. (Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** 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.) ---------------------------------
by readCrypto
4
Bitcoin (BTC) - big accumulation happening, is bottom in?For those looking for some good news, there is a significant divergence over the past week between price and OBV on the 4H. I find the 4H OBV with BTC to be the most actionable time frame for trends and trend breaks (the higher time frames I use more via levels). It is very unusual to see the OBV clearly trending up while price is so significantly trending down. This indicates to me that we are seeing on-balance more accumulation happening in this range than distribution, which can be an indicator of the trend reversal (we see a similar divergence taking place after the period of distribution in Sept, and the break upwards that followed) Added to this we are now at the area of interest I described in my previous idea, within this 54k range (see related idea). Market makers are setting up for a big move, it remains to be seen if this is bullish or bearish But I am pleased to hear the sentiment shifting bearish and finally seeing a large ratio of shorts beginning to accumulate on exchanges after loads of longs being liquidated. These positions will provide the liquidity for a move, which I suspect will be a bullish one. This does not mean we will not trade lower, it is entirely possibly in the coming week we see wicks down below the 50k zone, which I will be looking to buy. Such a move will see many more shorts being opened which will likely be the liquidity for a significant move upwards. This is the macro movements I am suspecting currently. Though I am ready to shift bearish if we begin trading again in the low side of the 40k range I see this 54k range as a value area and I am looking to accumulate in dips below this range It is hard to gauge exactly what the genuine impact of the covid situation will be with institutional buyers and beyond, which could shift everything. Let's see what this week brings
Long
by jamoooo
Bitcoin (BTC) - November 28Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (XBTUSD 1W Chart) - Medium to Long-Term Perspective Above the 27650.0-29350.0 section: The uptrend is expected to continue. Above 47010.0 point: Expected to create a new wave. As the green width of OBV in the volume indicator increases, it is necessary to check if there is an upward movement in the center line. On the wRSI_SR indicator, we need to see if the RS line can hold above 80 until the SR line rises above 80. In the CCI-RC indicator, it is necessary to check whether the CCI line can be maintained above the +100 point. In particular, it is necessary to check if the flow can be seen to rise above the EMA line. However, the same movement as in section A may occur, so it is recommended to check that there is an upward movement. However, as it is a 1W chart, it is reflected too late, so we need to make sure that the price stays above the 58464.0 point. If it goes down in section a, it is expected to touch the uptrend line passing through section b. In fact, I think that's unlikely. Please refer to the explanation of the Market Cap chart for the reason. (1D chart) First resistance section: 60811.0-63634.5 Second resistance section: near the 72104.0 point First support section: near 55164.5 point Second support section: 46695.0-49518.0 It's a frantic chart, but it shows that it's not too far away for an uptrend like the 30th of September. It is worth checking if these movements occur during the volatility period around December 3 (December 2-4). - You should check if the red width of the OBV in the volume indicator is decreasing. - In the CCI-RC indicator, you need to check whether the CCI line rises above the +100 point. (ETHUSDT 1D Chart) We need to see if we can move above the 4220.37 point to continue the uptrend. If ETH price maintains above the 4372.72 point, it is expected to move higher along the uptrend line (1). After the 4191.93-4464.22 section, the next most important support section is the 3582.10-3885.52 section. This is because it is believed that there is a possibility of a downtrend if this section is the previous high section and if it declines in this section. ---------------------------------- (BTCUSDTPERP 1D Chart) First resistance section: 62697.4-65574.9 Second resistance section: near point 74207.2 First support section: near 56942.5 point Second support section: near the 48310.2-51187.6 point During the volatility period around November 29 (up to November 24-30), we need to see if we can move higher with a sharp move. In order to turn into a short-term uptrend, the price must rise above the 60042.8 point to hold the price. If you find resistance by dropping from the 54987.2 point, you may want to touch the second support zone, so you need to be careful with your trades. ------------------------------------ (Market Cap Chart) You should see how the flow of money changes rather than changes in the price chart. So, you should check the trend of USDT chart and USDC chart. When the prices of BTC and ETH fall, funds are rather coming into the coin market. It is worth noting the rise of the USDC chart. It is speculated that US investment institutions are putting a lot of money into the coin market. We believe that this move may have something to do with the US SEC and the government's crypto-asset policy. A harbinger of a transition to a downtrend in the coin market - BTC price drop - BTC Dominance Rise - USDT dominance rise In that sense BTC Dominance (BTC,D): Should rise above the 47.64-48.81 section. USDT Dominance (USDT.D): It should rise above 3.374 points. A phenomenon that can be seen as a change in the coin market to a downtrend - USDT Chart: Falling below 58.376B - USDC Chart: Falling below 23.858B - BTC.D chart: rise above 56.78 points - USDT.D chart: rise above 4.158 point ----------------------------------------------------- (XBTUSD 1M Chart) - Big Trend All patterns and waves can be known when they are completed, so it is best to conduct a trade that fits your average unit price rather than a trade based on prediction. Looking at the big picture, I think a 4-5 wave is going on. Depending on how you interpret section A, the wave may be different. Likewise, you need to be more careful in your trading, because the parts that have not yet been created may have the same flow as section A. The expected ascent section is near the 80574.0-83397.0 section. This is an estimated value considering the fluctuation range that has risen from the 1st section to the 2nd section. There are two large resistance zones to move up to the expected zone. The two large resistance sections are section a and section b. If it fails to break through section a upward, I think it can represent the same flow as section A. If it rises above the 72104.0 point with this rise, it is expected that it will not fall below the 26K-29K section (maximum 21K section) even if a bear market continues. If the 38K section is touched, it is expected to lead to a sharp rise. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether the price trend is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** 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-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released. (Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** 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.) ---------------------------------
BITMEX:BTCUSD.P
by readCrypto
6
Bitcoin (BTC) - November 27Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (BTCUSDT 1W Chart) - Mid-Long-Term Perspective 28130.0-29300.0 or higher: Expected to continue upward trend 41950.0-46930.0 or more: Expected to create a new wave. Looking at the CCI-RC indicator, we can see that the CCI line is above the +100 point, indicating that it is already in an uptrend. However, as it is below the EMA line, it can be said that the uptrend was limited. If the CCI line breaks above the EMA line and rises, it is expected to lead to a sharp rise. It is necessary to check if the center line is rising as the green width of the OBV in the volume indicator increases. An increase in the green width of OBV means that the buying trend is increasing. (1D chart) First resistance section: 60383.36-63162.53 Second resistance section: near point 71500.03 First support section: near the 54825.02 point Second support section: 46487.52-49266.69 During the volatility period around November 29 (up to November 20-30), you need to see if there is a sharp rise in the first support zone. This is because such a sharp rise is expected to result in a movement similar to the A section indicated in the wRSI_SR indicator. However, as the CCI line has fallen to the +100 point in the CCI-RC indicator, it is expected that it will take time to stock up on strength. You should see if the CCI line rises near the zero point. First Short-Term Stop Loss Point: 59500 Points Second short-term stop loss point: 53951.43 point I think that this short-term stop loss section is a time to give a buying opportunity to people who want to proceed with a stop loss or make a new investment according to the average purchase price. Therefore, it is necessary to check which section is supported. The MS-Signal indicator is a short-term trend indicator, and the M-Signal indicator on the 1W chart is a medium-term or longer-term trend indicator. You need to check whether the trend indicator is on an uptrend or on a downtrend. Looking at the Market Cap chart at the bottom, as long as the USDT and USDC charts continue to maintain their upward trend, the coin market is expected to maintain an upward trend. ------------------------------------- (BTCUSDTPERP 1D Chart) First resistance section: 62697.4-65574.9 Second resistance section: near point 74207.2 First support section: near 56942.5 point Second support section: near the 48310.2-51187.6 point During the volatility period around November 29 (up to November 24-30), we need to see if we can move higher with a sharp move. In order to transition into a short-term uptrend, the price must rise above the 60042.8 point to hold the price. If you find resistance by falling from the 54987.2 point, you may need to trade cautiously as you may touch the second support zone. ------------------------------------ (Market Cap Chart) You should see how the flow of money changes rather than changes in the price chart. So, you should check the trend of USDT chart and USDC chart. When the prices of BTC and ETH fall, funds are rather coming into the coin market. A harbinger of a transition to a downtrend in the coin market - BTC price drop - BTC Dominance Rise - USDT dominance rise In that sense BTC Dominance (BTC,D): Should rise above the 47.64-48.81 section. USDT Dominance (USDT.D): It should rise above 3.374 points. A phenomenon that can be seen as a change in the coin market to a downtrend - USDT Chart: Falling below 58.376B - USDC Chart: Falling below 23.858B - BTC.D chart: rise above 56.78 points - USDT.D chart: rise above 4.158 point ----------------------------------------------------- (XBTUSD 1M Chart) - Big Trend All patterns and waves can be known when they are completed, so it is best to conduct a trade that fits your average unit price rather than a trade based on prediction. Looking at the big picture, I think 4-5 waves are going on. Depending on how you interpret section A, the wave may be different. Likewise, you need to be more careful in your trading, as the parts that have not yet been created may have the same flow as section A. The expected ascent section is near the 80574.0-83397.0 section. This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section. There are two large resistance zones to move up to the expected zone. The two large resistance sections are section a and section b. If it fails to break through section a upward, I think it can represent the same flow as section A. If it rises above the 72104.0 point with this rise, it is expected that it will not fall below the 26K-29K section (maximum 21K section) even if a bear market continues. If the 38K section is touched, it is expected to lead to a sharp rise. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether the price trend is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** 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-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet. (Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying the 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.) ---------------------------------
by readCrypto