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Bitcoin (BTC) - November 25Hello? 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 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. We need to see 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 +100 in the CCI-RC indicator, it is expected that it will take time to stock up on strength. If it continues sideways in the section 56578.21-66001.41 formed in the high point section, it is expected to create a bigger uptrend in the future. In a previous post, I mentioned that a short-term Stop Loss is needed if the price falls from the 59500 point. I think that this short-term stop loss section is a time to give a buying opportunity to those who want to make a new investment or proceed with a stop loss according to the average purchase price. Therefore, it is necessary to check which section is supported. If you look at the Market Cap chart below, the USDT chart and the USDC chart are showing different movements. The USDT and USDC charts are stablecoins with high market capitalization rankings, and I think they make the movement of funds in the coin market somewhat predictable. The rise of the USDC chart is an indication that investors in the US are investing more in the coin market. ------------------------------------- (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. If you find resistance by dropping from the 54987.2 point, you may want to touch the second support zone, so trade with caution. ------------------------------------ (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): 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 BTC and ETH are taking turns leading to an upward trend in the coin market. As I said in my previous post, we need to see if we can lead the upward trend from ETH-led to BTC-led during this volatility period. ----------------------------------------------------- (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 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 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 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 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
1
Bitcoin (BTC) - November 22Hello? 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 upward trend is expected to continue. 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 rising 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 We need to see if we can sustain the price by moving up to the first resistance zone. If the price fails to hold in the first resistance zone and goes down, it is expected to touch the second support zone. However, if the USDT and USDC charts continue their uptrend, the coin market is expected to continue the uptrend, so I think the downtrend is likely to be short-term. Rather than how far the price will fall or how far will it rise, it is better to check where the average purchase price of the assets you own belongs to and whether there is a way to lower the average purchase price and increase the number of holdings. I think it's important. A short-term Stop Loss is required if the first resistance section is unsupported and falls. These short-term Stop Loss should be made from a short-term perspective. Also, it will be a new buying point. You should see if the red width of the OBV in the volume indicator is decreasing. A shift from the red width to the green width is expected to increase the buying force. On the wRSI_SR indicator, we need to see if the RS line can rise above 80 points. If the RS line rises above the 80 point and is maintained, the BTC price is expected to maintain an uptrend. On the CCI-RC indicator, we need to see if the CCI line can rise above the +100 point and the EMA line. If the CCI line is maintained in the range of -100 to +100, I think it is highly likely that the BTC price will gradually undergo a price correction. The next volatility period is around December 3rd. (ETHUSDT 1D Chart) It is believed that ETH has led the rise of the coin market since October 28th. In this flow, for BTC to lead the rise of the coin market again, the BTC price must rise above the 66059.5 point (based on the XBTUSD chart). It is necessary to check if the dominance of the coin market shifts from ETH to BTC due to the volatility between around November 15-24 (up to November 14-25). An important point on the ETH chart is the 4220.37 point. The decline from the 4220.37 point, I believe, is encouraging a concomitant decline in BTC price. However, it is necessary to check whether these movements are converted into rapid movements in the section 3582.10-3885.52. ---------------------------------- (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 move up above the 60042.8 point and follow the uptrend line. As you get closer to the 54987.2-56942.5 section, you need to check whether there is a sharp movement. The sharp move should see if we can move towards the first resistance area between 24-30 Nov. The next volatility period is around November 29 (up to November 24-30). ------------------------------------ (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 BTC and ETH are taking turns leading to an upward trend in the coin market. As I said in my previous post, we need to see if we can lead the upward trend from ETH-led to BTC-led during this period of volatility. ----------------------------------------------------- (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 the A section. 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 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 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
1
Bitcoin (BTC) - November 20Hello? 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 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 It showed departures at 56578.21 and 66001.41 points. We need to see if support is found above the first support section (53951.43-56578.21) and rises to the first resistance section. This deviation is shown as the movement of the RS line deviating from the convergence channel in the wRSI_SR indicator. However, in the CCI-RC indicator, the CCI line fell below the EMA line and below the +100 point, adding to fear of a decline. So, you should check the movement around November 29th (November 20-30), the volatility period. If the price holds above the 56578.21 point, I would expect it to rise above the 59500.0 point. However, it is expected that the price will change to a short-term uptrend only when it rises above the first resistance section and maintains the price. A decline from the 53951.43 point may touch the second support area, requiring a short-term Stop Loss. (These short-term Stop Loss is recommended for those who are familiar with short-term trading or those who are located near the average purchase price, and who feel that a response is necessary. Selling 100% in the short-term Stop Loss section is a very risky trade. Up to 50% or less, you need enough Stop Loss to calm your psychological state in rising and falling prices. The short-term Stop Loss section can be a good buying section for those who are new to entering, so you need to check in which section a sudden movement occurs.) During this period of volatility, you should check for movement outside the 59500.0-71500.03 interval. ------------------------------------- (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 You touched the first support zone. It is necessary to check whether there is a sudden movement in the section 54987.2-56942.5. The sharp move should see if we can move towards the first resistance area between 24-30 Nov. The next volatility period is around November 29 (maximum November 25-30). ------------------------------------ (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): 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 BTC and ETH are taking turns leading to an upward trend in the coin market. As I said in my previous post, we need to see if we can lead the upward trend from ETH-led to BTC-led during this period of volatility. ----------------------------------------------------- (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, 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 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.) ---------------------------------
by readCrypto
2
Bitcoin (BTC) - November 18Hello? 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 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. We need to see 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 You need to see if there is any movement along the uptrend line. If the decline from the 59500.0 point, it may touch near the first support zone, so trade cautiously. As you get closer to the first support zone, you need to make sure that it moves up to the first resistance zone with a sharp movement. To continue the uptrend, it must move above the 66001.41 point. The next volatility period is around November 29 (up to November 21-30). During this period of volatility, you should check for movement outside the 59500.0-71500.03 interval. ------------------------------------- (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 move up along the uptrend line while holding the price above the 60042.8 point. If it goes down, you should check to see if it finds support in the first support zone. As you get closer to the first support section, you need to check whether there is a sharp movement. To continue the uptrend, we need to see if we can sustain the price above the 66927.9 point. The next volatility period is around November 29 (up to November 25-30). ------------------------------------ (Market Cap Chart) You should see how the flow of money changes rather than changes in the price chart. So, you need to check the trend of USDT chart and USDC chart. BTC.D Chart: It is important to find resistance in the 47.64-48.81 range. USDT.D Chart: A decline below the 2.670 point is critical. ----------------------------------------------------- (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, 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 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
Ethereum (ETH) - November 3Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (ETHUSD 1W Chart) - Mid-Long-Term Perspective Above the 1125.14-1463.76 section: expected to continue upward trend (1D chart) Resistance section: 5188.55-5527.17 First support section: near point 4172.70 Second support section: 2818.23-3156.85 It has found support in the resistance zone and is moving higher on the uptrend line (1) as a springboard. The uptrend line (1) or the 4373.0 point may touch again around November 6 and may move higher, so trade cautiously. The centerline of OBV in the volume indicator is moving from downward to upward. However, as the green width of OBV does not appear to be increasing yet, it cannot be said that the buying trend is strong. On the wRSI_SR indicator, we need to see if we can accelerate the uptrend by moving the RS line above the 80 point. Since the RS line is showing signs of wobbling before it rises above the 80 point, it is likely to create a whip-saw or pull back pattern, so careful trading is required. In the CCI-RC indicator, the CCI and EMA lines are located above the +100 point, so we can say that the ETH price is on an upward trend. However, if the CCI line crosses the EMA line or shows a movement to fall below the EMA line, this may also cause a fake like a whip saw, so careful trading is required. The movement of BTC price in the coin market is very important. However, as the price of ETH rises, the price of BTC is showing an upward movement. The price movement of altcoins is different when BTC price drives the market and when ETH price drives the market. It seems that the price rise of altcoins starts with the rise in ETH price. ------------------------------------------ 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 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 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.)
BITFINEX:ETHUSD
by readCrypto
Bitcoin (BTC) - November 3Hello? 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 section: The upward trend 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 whether the flow can be seen rising 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. It's a week with a volatility period on the 1W chart, so it's important to see what kind of movement it will see. (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 think the first resistance section is an important section to determine the trend. Therefore, it is necessary to check whether there is a movement out of the section 58464.0-66059.5. The reason why you should see a move out of the 58464.0-66059.5 zone is that a whipsaw can create a lot of volatility and move in the opposite direction before forming a trend. This movement was experienced in the flow of a and b. You need to make sure that the green width of the OBV, which is part of the volume indicator, is maintained. On the wRSI_SR indicator, we need to see if we can accelerate the short-term uptrend by moving the RS line above the 80 point. On the CCI-RC indicator, you should check if the CCI line touches the EMA line and rises. It is necessary to check if the current movement will change from the movement between November 1st and 9th (maximum October 31st - November 10th). Since you are in a period of volatility, you should always trade cautiously. ---------------------------------- (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 in the first resistance zone. To continue the uptrend, it must move above the 66927.9 point. If it falls from the first resistance zone, it may move near the first support zone, so trade cautiously. Looking at the wRSI_SR indicator, we need to see if the RS line can move higher than the 20 point and turn into a short-term uptrend. In the CCI-RC indicator, it is necessary to check whether the CCI line can touch the EMA line and show an upward trend. The next volatility period is around November 12th. ------------------------------------ (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. BTC.D Chart: It is important to find resistance in the range of 47.64-48.81. USDT.D Chart: A decline below the 2.670 point is critical. ----------------------------------------------------- (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, 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 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 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 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
Bitcoin (BTC) - November 2Hello? 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 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. (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 It is necessary to check if there is movement out of the first resistance section. In particular, you need to make sure that you go beyond the 59500.0 point or the 64854.0-66001.41 section. We need to see if there is any change in the volatility period between around October 29th - November 6th (up to October 28th - November 7th). If the green band of OBV in the volume indicator turns into a red band, it is more likely to fall, so trade cautiously. (The red width of OBV means a strong sell-off.) If it does go down, you should check to see if it finds support in the first support zone. The wRSI_SR indicator is showing a downward movement before the RS line rises above the 80 point. You need to make sure the RS line stays above the 50 point. The RS line usually goes back and forth between 20 points and less and 80 points or more. However, there are times when they do not, and they change direction, which I think shows that the trend going forward is strong. It is expected to create a pull back pattern or whipsaw-like phenomenon to gather the forces needed to form a trend. The 54825.02-56579.21 section and the uptrend line are expected to play an important role in this phenomenon. ------------------------------------- (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 If the price holds at the 56942.5-62697.4 zone, I expect an attempt to move up towards the first resistance zone. In particular, when falling near the 54987.2-56942.5 section, you should check whether there is a sharp rise. Looking at the wRSI_SR indicator, we need to see if the RS line can move higher than the 20 point and turn into a short-term uptrend. In the CCI-RC indicator, it is necessary to check whether the CCI line can touch the EMA line and show an upward trend. The next volatility period is around November 12th. ------------------------------------ (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. BTC.D Chart: It is important to find resistance in the range of 47.64-48.81. USDT.D Chart: A decline below the 2.670 point is critical. ----------------------------------------------------- (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, 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 it is in an upward trend or in 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 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. (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 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
Ethereum (ETH) - October 30Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (ETHUSDT 1M Chart) First target point: near point 4688.21 Second target point: near point 5833.35 (1W chart) - mid- to long-term perspective Above the 1049.0 point: expected to continue uptrend Over the section 1634.52-1825.37: Expected to create a new wave. It can be seen that the green width of OBV in the trading volume indicator has sharply decreased from around July 5th. Right now, the red width is starting to show. (The red width of OBV indicates a sell-off.) This move seems to be waiting for a price rise rather than a trade in the expectation that the price of ETH will lead to a bigger rise as it renews ATH. Looking at the wRSI_SR indicator, the RS line is rising above 80 points. You need to make sure the RS line stays above the 80 point until the SR line rises above the 80 point. (I think the above 80 point should be interpreted as a continuation of an uptrend rather than an overbought section.) Looking at the CCI-RC indicator, both the CCI line and the EMA line are maintaining above the +100 point. This signifies the continuation and acceleration of an uptrend. If the CCI line moves above the EMA line, it is likely that the uptrend will accelerate. Therefore, it is necessary to ensure that the CCI line remains above the EMA line. (1D chart) First resistance section: near point 4688.21 Second resistance section: 5260.78-5451.63 First support section: 3924.79-4115.64 Second support section: near the 3543.08 point ATH was renewed by breaking above the 4372.72 point. It is important not to fall below the uptrend line (1). In particular, it should hold the price above the 4220.37 point. (I think the 4220.37 point is an important point to renew this ATH and continue the uptrend.) A short-term Stop Loss is needed if the first support is falling. However, careful trading is required as it can touch near the second support section and rise. If it falls in the section 2970.51-3161.36, Stop Loss is required to preserve profit and loss. The next volatility period is around November 7th. The coin market continues its upward trend as the price of ETH rises during a downward correction in the price of BTC. BTC prices are expected to continue rising, falling, and sideways around the 80K level. We believe this move is due to the movement of funds towards altcoins. ------------------------------------------- (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, 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 it is in an upward trend or in 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 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 index was re-created by applying a formula to the DepthHouse Trading index, an index 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
3
Bitcoin (BTC)-(Explanation of the indicator and MarketCap chart)Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (BTCUSDTPERP 1D Chart) If the price is maintained in the 62697.4-65574.9 zone, it is expected that there will be an attempt to break through the 62697.4-65574.9 zone upwards 1-2 more times. If breakout attempts continue to fail, a sharp drop below the 56942.5 point may occur, so trade cautiously. However, if you look at the indicators and trends, it is currently maintaining an uptrend, so it is important to check in which section you find support. The green color of OBV in the volume indicator is increasing, indicating a strong buying force. If the center line of OBV rises, BTC price is expected to rise sharply. You should see a change in the volume as the reverse could turn into a downtrend. Looking at the wRSI_SR indicator, we see an opportunity for a short-term uptrend as the RS line moves below the 20 point. However, when the SR line falls to the 20-50 section, you need to check whether the RS line can rise above 20 points and break through the SR line strongly upward. This is because it is expected to show a strong upward trend in the price of BTC. Currently, when the RS line is showing a short-term downward trend in the wRSI_SR indicator, it is important to check which section of the BTC price is supported. It is necessary to confirm whether the rise will be supported by the 56942.5-60042.8 section or above the 60042.8 point. In the CCI-RC indicator, the EMA line is rising above the +100 point, and the CC line is falling to the EMA line. If the CCI line holds above the +100 point, we can say that the BTC price is in an uptrend. Therefore, if the CCI line touches the EMA line and moves higher, the uptrend is expected to accelerate. If the CCI line falls below the EMA line, the CCI line will fall to the -100~+100 section and enter a sideways section. If the CCI line enters the sideways section, you need to make sure that the BTC price stays above the 56942.5 point. If not, the 48310.2-51187.6 section can be touched and traded cautiously as there is a possibility that it will turn into a downtrend. I write a lot of talk about the decline in BTC price and it seems to be posting that it will turn into a downtrend, but I expect it to maintain an uptrend. When the price rises, we need a strategy to respond to a decline, and when the price falls, we need a strategy to respond to an increase. Therefore, when the current BTC price rises and undergoes a price correction, you should once again remind yourself of your strategy to counter the decline and strive for greater returns. The 62697.4-65574.9 interval is an important interval that determines the trend. Therefore, several more attempts to break above this section are expected. We anticipate a surge by big whales and institutional investors by creating fakes and whipsaws to rise to the new price point and buying additional funds that went crazy. It is not easy to know whether this movement is to move up or down from a high point just from a price chart. So, the charts you need are Market Cap charts. This is because it gives an overview of how the money that enters the coin market is moving. If the USDT chart and USDC chart maintain an upward trend, I think that it shows that the funds in the coin market remain in the coin market, and that money is continuously coming in. I think the BTC.D chart shows the rise and fall of altcoins. However, as the BTC dominance declines, the BTC price can often whip up. Therefore, in this case, I believe that trading altcoins can yield greater returns than trading BTC. As long as BTC dominance does not rise above the 48.81 point, altcoins are expected to slowly transition into an uptrend, resulting in circular pumping. A drop below the 41.73 point is expected to lead to a big bull market for altcoins. I think the USDT.D chart tells the coin market whether funds are being used to buy, sell, or withdraw money. Therefore, we believe that the decline in USDT dominance is an indication that the coin market is on an upward trend. A decline below the critical uptrend line (1) and sustain, a break below the 2.439 point is expected to lead to a bigger bull market. However, it is risky to invest in altcoins by looking at the USDT dominance chart only because the USDT dominance chart can fall even if the BTC price alone rises. ----------------------------------------------------- (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, 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 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 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 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) - October 8Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (BTC 12M Chart) (1M chart) The distribution of trading volume is different for each exchange. This means that the funds have been moved and the transaction has been made. Looking at the overall trend, I think it was an active year in margin trading and futures trading. In particular, the shorts were strong. In this market movement, trading volume in the spot market decreased, and the price received a downward correction. In doing so, a new support zone (27K-29K) was formed, and based on that support base, the price is rising. This uptrend is expected to end the last buying period and form a bull market for realizing profits. (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. Looking at the USDT Dominance (USDT.D) 1D chart, it is declining at the 3.009 point. It is expected to touch the uptrend line (1) again in the near future. Therefore, the possibility of sudden movements is increasing. (If USDT dominance declines, I think the coin market is more likely to lead to an uptrend.) ----------------------------------- (XBTUSD 1D Chart) Support section: 46695.0-49518.0 section. First resistance section: 55164.5-56641.5 section. Second resistance section: 60811.0-63634.5 section. I think the first resistance section is most likely a psychological resistance section. Therefore, I think that there is a high possibility that the shaking by the whip saw will occur. In order to withstand this movement, it is necessary to widen the management of the investment and the stop loss point. A sharp decline may touch near the 50876.0 point, so trade cautiously. The coin market is expected to maintain an upward trend unless the trend is reversed in the USDT and USDC charts mentioned above. It is necessary to check whether the green width of OBV in the volume indicator is increasing. This is because when the green width of OBV increases, it means that the buying trend is strong. If the RS line falls below the 80 point on the wRSI_SR indicator, a short-term downtrend is highly likely. At this time, it is necessary to check where the support is received. If the support point is above the 50876.0 point, I would expect it to lead to a sharp rise when converted into a short-term uptrend. In the CCI-RC indicator, it is necessary to check whether the CCI line is maintained above the +100 point. This is because the CCI line above the +100 point means it is in an uptrend. If the EMA line rises above the +100 point and the CCI line moves above the EMA line, we expect a full-fledged uptrend. ----------------------------------------------------- (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, 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. ------------------------------------------ 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 through split trading. It is a short-term investment perspective.)
BITMEX:BTCUSD.P
by readCrypto
1
Compound (COMP) - October 5Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (COMPUSDT 1W Chart) - Mid-Long-Term Perspective Above the 144.58-287.10 section: The uptrend is expected to continue. The centerline of OBV in the volume indicator is showing a lot of upside. We need to see if the green width increases as the centerline of OBV declines. If the price is maintained above the range of 144.58-287.10 with this change in trading volume, it is expected to lead to a large increase. On the wRSI_RC indicator, you need to check if the RS line rises below 20. If this change is accompanied by a volume explanation, we would expect it to turn into an uptrend and move up along an uptrend line. (1D chart) Support section: 220.36-266.58 section. First resistance zone: near point 359.03. Second resistance section: 451.47-497.69 section. If it falls from the support zone, it is expected to touch the 144.58-191.87 zone, which is the boundary zone of the mid- to long-term investment area. I mentioned the resistance section separately, but the resistance section is formed throughout the volume profile section spanning the section 359.03-529.78. It is expected that it will take some time to break through this section upwards, but if the BTC price rises to the 50K level and maintains the price, it may rise accordingly, so we need to watch the flow. ------------------------------------------ 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 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 been released yet. (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 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
Matic Catching up!I was in the process of writing about why Matic was lagging the field when it started to shift on all the key points it was yet to satisfy for me. As of now looking very healthy, will be watching the pull back which is likely from the global trend and key resistance (previous daily demand area) at 1.2 Watching for it to break that global trend. Currently very over bought on H4 RSI and likely needs to consolidate on RSI. Price can still increase while RSI consolidates MACD just crossed 0 producing a buy signal OBV is finally catching up, trending positive (was previously -1 degree) trade in the direction of the OBV Watch BTC, it is currently testing the top of OBV channel and previous hard wall of 45k, I feel Matic can keep moving up if BTC doesn't get a strong rejection here, double top on higher time frame or similar
MLong
by jamoooo
BTC - indicators showing a more convincing breakout underwayQuick update on BTC, keep an eye on the pullback and retest in the 4hr chart. Indicators showing this is a more convincing breakout attempt. OBV positive divergence, testing key OBV resistance located at Weekly open price (and 0.38 fib retrace). MACD breaking trend on lower time frames, RSI breaking trend on lower time frames. Positive signs but look for further confirmation on the retest, and a convincing break of OBV resistance level
by jamoooo
Bitcoin (BTC) - October 1Hello? 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. 40163.5-45211.0 Zone: An important support zone to continue the uptrend that started on July 21st. 27650.0-33101.0 section: An important support section to continue the uptrend that started around December 28, 2020. 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, the RS line is falling below 20. As the RS line rises above 20, we need to see if it can turn into an uptrend. 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. (1D chart) First support section: 42084.0-45211.0 Second support section: near point 38225.0 (37301.0-40620.5) Resistance section: 46695.0-49518.0 I think that we can get out of the 38225.0-46695.0 section, which is a sideways section, only when the trading volume increases. The next volatility period is around October 16th. We need to see if we can raise expectations for an upside by holding the price above the 43918/0 point. It is necessary to check whether the red width of OBV in the volume indicator can be converted into a green width. In the wRSI_SR indicator, it is necessary to check whether the RS line can show a short-term uptrend trend as it rises above the 50 point. In the CCI-RC indicator, the CCI line is crossing the 0 point and near the EMA line. It is necessary to check whether the CCI line can indicate a movement that deviates from the range of -100 to +100. (It is expected to create a new trend.) ---------------------------------- (BTCUSDTPERP 1D Chart) To break out of the short-term downtrend line, we need to see if we can sustain the price above the 43K level. First support section: 42125.51-45163.36 Second support section: near point 38200.01 If the price is maintained in the support zone even if it falls with a large volume of trading, it is highly likely to turn into an uptrend. First resistance section: 46559.44-49345.92 Second resistance section: 54918.88-56630.33 The first resistance section is an important section that determines the trend. Therefore, a failure to break above this first resistance level is likely to lead to a move towards the second support level near the 38200.01 point. The next volatility period is around October 14th. ------------------------------------ To confirm the movement of funds in the coin market, you need to check the movement of the charts below. BTC Dominance (BTC.D) Chart USDT Dominance (USDT.D) Chart USDT Chart USDC Chart ----------------------------------------------------- (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, 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. ------------------------------------------ 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 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 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
$VRA will perform! 💯💯Still in September, historically bearish month. People allow their emotions to get the best of them, and freak out when their favorite project dips. Then forget to zoom out and try to understand where we are at entirely. When taking a peak at $VRA on the daily time frame, there are a few things I see as to why I'm un-phased about recent price movements. 1) We are still on an upward trend overall. Anytime the 250 RSI is above 50, that signifies that they overall price movement of an asset is heading in the upward direction. $VRA is still above 50 at 52.5, so for noobs there's nothing to worry about. Your money is safe. 2) Selling pressure is decreasing on the MACD and the MACD line looks as though it will cross from under the signal line. Signifying bullish momentum, which the expectations is another move upward regarding price. 3) OBV is positive and is trending in the same direction as the price action. This is a big one because it basically confirms everything I previously stated. When rising OBV reflects positive volume, that positive pressure leads to higher prices and When OBV moves in the same direction as the price action. This allows one to confirm the direction of the trend. VRA's price is increasing, as well as it's OBV. It confirms the anticipated upward move and increase in volume to support further price growth. I'm literally just sitting back, unphased, waiting, and acumulating. Is Q4 here already?
Long
by Nick.TkgProfits
14
Bitcoin (BTC) - September 30Hello? 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 Above the 28130.0-29300.0 interval: the uptrend continues. 40100.0-41950.0 or higher: Expected to lead to a full-fledged upward trend. Above 46930.0 point: Expected to create a new wave. Since approximately the week of June 21, the OBV in the volume indicator has moved closer to the line. As the width of the OBV increases, I think we can get out of the current movement. In this sideways view, we need to keep the price above the 37253.81-40100.0 section of the A section and see if it follows the uptrend line. (1D chart) First support section: 41950.0-45135.66 Second support section: near point 38150.02 It is necessary to check whether there is a movement that rises above the 46930.0 point by rising from the first support section. First resistance section: 46487.52-49266.69 Second resistance section: 54825.02-56578.21 The first resistance section is an important section that determines the trend. So, if the price fails to maintain the price by breaking above the 50931.30 point by breaking above the first resistance zone, there is a possibility that it will move down near the 38150.02 point, the second support zone. If trading volume does not increase, it is expected to move sideways in the 38150.02-46487.52 section. The next volatility period is around October 12th. As the second support section approaches, it is necessary to check whether the volume increases and leads to a sharp rise. This will be a move to see if there are any big whales or institutional investors trying to defend the price. ------------------------------------- (BTCUSDTPERP 1D Chart) First support section: 42125.51-45163.36 Second support section: near point 38200.01 If the price is maintained in the support zone even if it declines with a lot of trading volume, I think it is highly likely to turn into an uptrend. First resistance section: 46559.44-49345.92 Second resistance section: 54918.88-56630.33 The first resistance section is an important section that determines the trend. Therefore, a failure to break above this first resistance level is likely to lead to a move towards the second support level near the 38200.01 point. The next volatility period is around October 14th. It is falling from the first support section. However, I think the trading volume is still low to see that the trading volume has increased. As the trading volume increases by about 1.417M, it is necessary to check whether support appears in the support section. ------------------------------------ To confirm the movement of funds in the coin market, you need to check the movement of the charts below. BTC Dominance (BTC.D) Chart USDT Dominance (USDT.D) Chart USDT Chart USDC Chart ----------------------------------------------------- (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, 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. ------------------------------------------ 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 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 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
5
NBRV LongPrice crossed SMA21 and SMA50 OBV> OBV34 WR buy signal Concern: 12/3/2020 Split 1:10, price 3.77 is strong resistance. Entry 1.2 Stop 0.9 Target1 2.3 Target2 3.4 Risk management is much more important than a good entry point. The max Risk of each plan should be less than 1% of an account. I am not a PRO trader. I trade option to test my trading plan with small cost. I created some tradingview scripts to improve my trading entries: OBV and OBV SMA comparison; Williams %R two lines;
NLong
by PlanTradePlanMM
Bitcoin (BTC) - September 18Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (XBTUSD 1W Chart) If the price is maintained above the 27650.0-29350.0 range, it is expected that the uptrend will continue. In the short term, the 40163.5-45211.0 zone is an important support zone for continuing the uptrend. Above the 47010.0 point, it is expected to create a new wave if the price is maintained as a high point. In the wRSI_SR indicator, the RS line has fallen below the 80 point, showing a downward trend. If the price is maintained above the 42084.0-45211.0 range in this downtrend, a sharp price increase is expected. In order to do this, it is necessary to check whether the center line rises as the green color of the OBV in the volume indicator increases, as a change in the volume is expected. Currently, the wRSI_SR indicator is showing a downward trend, so I think it is a good thing to defend the price while trading volume is decreasing. As the CC line is above the +100 point in the CCI-RC indicator, it can be said that the 1W chart is maintaining an upward trend. However, as the CCI line is located below the EMA line, it is only showing an unstable state. If the CCI line stays above the +100 point, I would expect a move to move above the EMA line. Accordingly, it is necessary to check whether the flow is the same as section A, or a flow that breaks through the EMA line upwards. (1D chart) We need to check if the price can be maintained in the 46695.0-49518.0 section. It is necessary to check whether there is movement outside the 45211.0-50876.0 section due to the volatility around September 25-27 (up to September 24-28). ---------------------------------- (BTCUSDT 1W Chart) If the price is maintained above the 28130.0-29300.0 range, it is expected that the uptrend will continue. If the price is maintained above the 40100.0-41950.0 range, it is expected to lead to a full-fledged uptrend. In particular, if the price is maintained above the 46930.0 point, it is expected to create a new wave. ------------------------------------- (BTCUSDTPERP 1D Chart) You need to make sure you can keep the price on the 46559.44-49345.92 segment. In particular, it remains to be seen if the price can sustain above the 46837.06 point. If it goes down, you should check to see if it finds support in the A section, 42125.51-45163.36. In order to continue the uptrend, it must break out of the downtrend line (1). It remains to be seen if the center line rises as the green of the OBV on the volume indicator increases. In the wRSI_SR indicator, the RS line rose over 80 points. It is necessary to check if the RS line can hold above the 80 point until the SR line rises above the 80 point. It remains to be seen if the CCI-RC indicator can indicate a move above the +100 point on the CCI line. The next volatility period is around September 26 (September 25-27). ------------------------------------ BTC Dominance is a chart that allows you to see the market flow with the movement of the BTC price with the highest market capitalization. So, if BTC dominance goes down, altcoins may start to rise. Conversely, if BTC dominance rises, the coin market may turn into a downtrend. (BTC Dominance (BTC.D) 1D Chart) Referring to the previous movement, it can be seen that an important support and resistance section has been formed near the 41.73 point. So, if there is a move above the 41.73 point, the BTC price is likely to fall further. If the dominance is maintained below the 41.73 point, the coin market is expected to form a new bull market. ------------------------------------------------------------ I think the USDT Dominance Chart is a chart that can easily check whether the funds that entered the coin market through USDT issuance are used in the coin market. Therefore, if USDT dominance declines, it can be seen that the funds that have entered the coin market through USDT issuance are being used. (USDT dominance may decline as money is drawn out of the coin market, so it is recommended to view it with a USDT chart.) (USDT Dominance (USDT.D) 1D Chart) We need to see if we can find resistance in the 3.009-3.374 section and move down. From a short-term perspective, it is expected that the coin market will continue its upward trend when it receives resistance and declines in the range of up to 3.500-3.746. From a mid- to long-term perspective, if it rises to the 4.158-5.003 section, I think there is a possibility that the coin market will turn into a downtrend. It remains to be seen if the altcoin bull market can be in full swing by dropping below the 3.009 point. ---------------------------- I think the USDT chart and USDC chart are charts that give you a brief overview of the amount of money that has entered the coin market. Thus, the rise of the USDT and USDC charts is a quick reminder that the size of funds in the coin market is increasing. (USDT 1W chart) (USDC 1W chart) ----------------------------------------------------- (XBTUSD 1M Chart) 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, 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. ------------------------------------------ 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 upward trend or a downward trend, there is a high probability 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 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
Bitcoin (BTC) - September 17Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (BTCUSDT 1W Chart) If the price is maintained above the 28130.0-29300.0 range, it is expected that the uptrend will continue. If the price is maintained above the 40100.0-41950.0 range, it is expected to lead to a full-fledged uptrend. In particular, if the price is maintained above the 46930.0 point, it is expected to create a new wave. (1D chart) You need to check if the price can be maintained in the 46487.52-49266.69 section. In particular, it remains to be seen if the price can sustain above the 46930.0 point. If it goes down, you should check to see if it finds support at the 41950.0-45135.66 level. The volatility period is around September 24th. To sum it all up, 1. Money is coming into the coin market and is being consumed little by little. 2. Consumed funds are being used to purchase altcoins. 3. BTC dominance is below the 41.73 point, which increases the likelihood of frequent whipsaws. (BTC dominance can rise to the point of 43.17, and if it does not go higher, it is expected that it will likely lead to an altcoin bull market.) ------------------------------------- (BTCUSDTPERP 1D Chart) You need to make sure you can keep the price on the 46559.44-49345.92 segment. In particular, it remains to be seen if the price can sustain above the 46837.06 point. If it goes down, you should check to see if it finds support in the A section, 42125.51-45163.36. To continue the uptrend, it needs to break out of the downtrend line (1). It remains to be seen if the center line rises as the green of the OBV on the volume indicator increases. On the wRSI_SR indicator, the RS line rose over 80 points. It is necessary to check if the RS line can hold above the 80 point until the SR line rises above the 80 point. It remains to be seen if the CCI-RC indicator can indicate a move above the +100 point on the CCI line. The next volatility period is around September 26 (September 25-27). ------------------------------------ (XBTUSD 1W Chart) If the price is maintained above the 27650.0-29350.0 range, it is expected that the uptrend will continue. In the short term, the 40163.5-45211.0 zone is an important support zone to continue the uptrend. Above the 47010.0 point, it is expected to create a new wave if the price is maintained as a high point. In the wRSI_SR indicator, the RS line has fallen below the 80 point, showing a downward trend. In this downtrend, if the price is maintained above the 42084.0-45211.0 range, a sharp price increase is expected. In order to do this, it is necessary to check whether the center line rises as the green color of the OBV in the volume indicator increases, as a change in the volume is expected. Currently, the wRSI_SR indicator is showing a downward trend, so I think it is a good thing to defend the price while trading volume is decreasing. As the CC line is above the +100 point in the CCI-RC indicator, it can be said that the 1W chart is maintaining an upward trend. However, as the CCI line is located below the EMA line, it is only showing an unstable state. If the CCI line stays above the +100 point, I would expect a move to move above the EMA line. Accordingly, it is necessary to check whether the flow is the same as section A, or a flow that breaks through the EMA line upwards. ---------------------------------- BTC Dominance is a chart that allows you to see the market flow with the movement of the BTC price with the highest market capitalization. So, if BTC dominance goes down, altcoins may start to rise. Conversely, if BTC dominance rises, the coin market may turn into a downtrend. (BTC Dominance (BTC.D) 1D Chart) BTC Dominance touches near point 40.02 and is located in section 40.02-41.73. Referring to the previous movement, it can be seen that an important support and resistance section has been formed near the 41.73 point. So, if there is a move above the 41.73 point, the BTC price is likely to fall further. If the dominance is maintained below the 41.73 point, the coin market is expected to form a new bull market. ------------------------------------------------------------ I think the USDT Dominance Chart is a chart that can easily check whether the funds that entered the coin market through USDT issuance are used in the coin market. Therefore, if the USDT dominance declines, it can be seen that the funds flowing into the coin market through USDT issuance are being used. (USDT dominance may decline as money is drawn out of the coin market, so it is recommended to view it with a USDT chart.) (USDT Dominance (USDT.D) 1D Chart) We need to see if we can find resistance in the 3.009-3.374 section and move down. From a short-term perspective, it is expected that the coin market will continue its upward trend when it receives resistance and declines in the range of up to 3.500-3.746. From a mid- to long-term point of view, if it rises to the 4.158-5.003 section, I think the coin market is likely to turn into a downtrend. It remains to be seen if the altcoin bull market can be in full swing by dropping below the 3.009 point. ---------------------------- I think the USDT chart and USDC chart are charts that give you a brief overview of the amount of money that has entered the coin market. Thus, the rise of the USDT chart and the USDC chart is a quick reminder that the size of funds in the coin market is increasing. (USDT 1W chart) (USDC 1W chart) ----------------------------------------------------- (XBTUSD 1M Chart) 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, 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. ------------------------------------------ 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 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 can be made through split trading. It is a short-term investment perspective.)
by readCrypto
1