#BTC/USD WEEKLY UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
WEEKLY UPDATE:-
As seen in the following chart, each time after experiencing a 70% correction and at the end of the bear market, Bitcoin’s price has briefly touched the 200-week moving average.
Exceptionally, the price has dropped below this significant moving average during the recent significant shakeout, followed by a pullback to the broken level at around $21.5K. If the pullback pattern turns out to be valid, it can be considered a confirmation for another leg down to the $15K mark.
Nevertheless, the RSI indicator has formed a descending resistance trendline, and the next bull run won’t be anticipated unless the mentioned threshold gets broken.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
Btcdominance
#BTC/USDT 4HR CHART UPDATE !! Hello everyone welcome you all to this exclusive BTC 4hr chart update.
If you find my updates helpful and productive, hit the like button follow and comment your view in the comment section, this motivates me to bring this kind of update regularly.
Let’s look into the chart,
As we can see in the above-mentioned chart that after rejection from the $24200 level till now BTC meltdown by 14%.
In the current scenario, BTC is currently trading at the price level of $21200 on a green support zone.
Here regain above is likely in upcoming hours because $21.2k is a strong support zone and it’s holding that level well.
A candle that closes below the green support zone will lead BTC again toward the lower trend line support.
As FOMC 2 DAYS meeting and FED interest rate report is to be published on (18:00 GMT) , which also somehow impacts the market.
Let’s see how it impacts the market after the report's release.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
#BTC/USDT 4hour update !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BTC /USDT UPDATE !
Bitcoin is unable to hold the $21,480 support and now trading below it. Tomorrow (27 July) is the FOMC meeting and we might see high volatility in the market. We expecting a test of $20,800 and if BTC holds that level then we see a bounce from there. A break below $20,800 is bearish.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
Domination has become very capriciousSo, let's look at 12H chart.
It's no fun.
There were all three EMA crosses, the candles are under the tenkan and under the kijun.
The rejection from diagonal.
I expect a retest of the ~41.5 level.
From there up movement will resume.
But pay attention, BTC dominance is falling now, but the altcoins are slowing down, because the bitcoin will very probably break 20000 down.
In addition, we have a whole bunch of bullish divergences. There is bound to be an episode of bloody altcoin dump.
You know, one of those ones where it's down 25-40% of the price in one day.
Divergence will provide that.
But later.
#BTC/USDT 4HOUR UPDATE !!
Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BTC /USDT UPDATE !
It breakdown mid-range and currently holding above the mid-range and golden pocket. If it is retested successfully below the mid-range and breakdown the order block then there is a possibility of testing the ascending trendline or the previous lows.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
BTC.D continue bearish trend to 41% and lower#BTCD
Bitcoin Dominance
Dominance broke down from ascending support that is the same with support zone and confirmed them as resistance.
so now can continue its down trend to support zone around 41% and lower.
as it is a weekly time frame, so $BTC price (based on this view) can continue its bullish move to $27k and $29k in next weeks.
Bitcoin (BTC) - July 25Hello?
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-------------------------------------
(BTCUSDT 1W Chart)
Resistance: 27033.35-29812.52
1st support: 21475.02
2nd support: 13137.51-15916.68
In order to turn into an uptrend and continue a full-fledged uptrend, it needs to rise above 29812.52 for support.
- If the price is maintained above the HA-Low indicator line (21838.98), it is expected to lead to further gains.
- The Stoch RSI indicator is rising and is expected to enter the overbought zone soon.
When the RSI moves out of the oversold zone and the Stoch RSI enters the overbought zone, a short-term high is likely.
It is not known to what point this short-term high will rise.
Expect to touch the 23733.48-25389.99 segment (up to 27033.35-29812.52).
(1D chart)
Primary Resistance: 23733.48-25389.99
Secondary resistance: 27033.35-29812.52
If the resistance section is divided in detail, it can be divided into a section 23733.48-25389.99 and a section 27033.35-29812.52.
These sections refer to the section where the diagonal Fibonacci line and the horizontal Fibonacci line pass.
Therefore, the entire section 23733.48-29812.52 becomes the resistance section.
The support zone is the same as mentioned in the description of the 1W chart.
- Support above the HA-High indicator line (22753.10) is expected to lead to further gains.
Therefore, the key is to maintain the price above the 22487.41-22753.10 interval.
- If the Stoch RSI indicator enters the oversold zone, you should check where support and resistance are found.
- In the CCI-C indicator, the CCI line is maintaining above the EMA line and the -100 point.
So, finding support near 22487.41 could lead to further upside.
The interval 27033.35-29812.52 is the interval that determines the trend.
Therefore, if it falls without being supported in the section 27033.35-29812.52, Stop Loss is required to preserve profit and loss.
Therefore, if it falls in the section 27033.35-29812.52 and receives resistance at 26574.53, Stop Loss is required.
The volatility between July 24-26 requires checking to see if there is any movement out of the 21475.02-23733.48 section.
------------------------------------------
(USDT + USDC 1D Chart)
If the flow of money doesn't show a clear uptrend, the coin market won't be able to turn upside down.
USDT needs to move higher than 68.468B for a clear uptrend.
(1W chart)
------------------------------------------------------------
- For this uptrend to lead to an uptrend, more funds must first flow into the coin market.
- An uptrend that emerges from an otherwise unfavorable situation is nothing more than a rebound that can come from a downtrend.
- In such market conditions, trading should respond to volatility with short-term trading.
------------------------------------------------------------ -------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
BITCOIN 40 minutes update !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BTC /USDT UPDATE !
I think BTC bounce back parallel channel lower trendline $21700
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
Bitcoin (BTC) - July 24Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(BTCUSDTPERP 1D Chart)
Primary Resistance: Rising Channel (23722.8-25373.3)
Secondary resistance: 27054.1-29840.6
Support: 21481.1-22471.5
The key is whether it can be supported in the 21481.1-22471.5 section and rise to the first resistance section.
If it falls below 21481.1, I expect it to fall below 20564.2.
The next volatility period is around July 31st.
(1h chart)
** On the 1h chart, a sharp move is likely to occur, so a short-term response is recommended.
You need to see support at the 21481.1-22471.5 section and see if it is moving along the uptrend line.
It can temporarily touch the 20564.2-21481.1 section and climb, so be prepared for this.
At this time, if it fails to move above 22471.5, it is likely to lead to further declines.
------------------------------
(USDT + USDC 1D Chart)
Money inflows and outflows are happening repeatedly.
A large pre-emptive influx of funds is expected to signal an uptrend in the coin market when USDT rises above 68.468B.
In order for the weight of USDT to be lower and the weight of USDC to increase, I think that it is possible only if there are more USDC markets on the exchange.
Currently, the USDT market is more active on exchanges, so I think the inflow of funds through USDT is more important.
------------------------------------------------------------ -------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
#BTC 1hour important support !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BTC /USDT UPDATE !
As we can see btc 1-hour chart btc is bouncing by 200MA don't panic if the position hold then do if btc breaks are channel downside to close your position
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
Bitcoin (BTC) - July 23Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(BTCUSDT 1W Chart)
Resistance: 27033.35-29812.52
1st support: 21475.02
Second support: 13137.51-15916.68
In order to turn into an uptrend and continue a full-fledged uptrend, it needs to rise above the ellipse shown on the chart to be supported.
Therefore, it is highly likely that an uptrend will begin when it rises above 29812.52.
- As the RSI indicator is located in the oversold zone, you can see that it is located in the low low zone.
- The Stoch RSI indicator is rising and is expected to enter the overbought zone soon.
When the Stoch RSI indicator enters the overbought zone, it is expected that the RSI indicator will break out of the oversold zone.
- On the CCI-C indicator, the CCI line is located in the range of -100 to +100, so it can be considered as a sideways section.
So, we need to see if we can continue the uptrend by moving above the 0 point and see if we can see a full-fledged uptrend by moving above the +100 point.
(1D chart)
Primary Resistance: 23733.48-25389.99
Secondary resistance: 27033.35-29812.52
If the resistance section is divided in detail, it can be divided into a section 23733.48-25389.99 and a section 27033.35-29812.52.
These sections refer to the section where the diagonal Fibonacci line and the horizontal Fibonacci line pass.
Therefore, the entire section 23733.48-29812.52 becomes the resistance section.
The support zone is the same as mentioned in the description of the 1W chart.
- The RSI indicator is located in the overbought zone.
- The Stoch RSI indicator is falling in the overbought zone.
- In the CCI-C indicator, the CCI line is maintaining above the EMA line and the -100 point.
So, finding support near 22487.41 could lead to further upside.
However, as the Stoch RSI indicator is falling in the overbought zone, the extent of fluctuation is expected to be determined depending on whether it can be supported near 22487.41.
When the Stoch RSI falls below 50, the key is to find support above 21475.02.
Therefore, what is important in the current position is whether it can be supported and climbed in the 21475.02-22487.41 section.
I have a sense of telling you in advance, but the section 27033.35-29812.52 is the section that determines the trend.
Therefore, if it falls without being supported in the section 27033.35-29812.52, Stop Loss is required to preserve profit and loss.
Therefore, Stop Loss is required if it falls in the section 27033.35-29812.52 and receives resistance at 26574.53.
------------------------------------------
(USDT + USDC 1D Chart)
You can see that new funds have flowed into the coin market.
(1W chart)
However, we believe that there is a possibility that the coin market will turn to an uptrend when the USDT chart still rises above 68.468B.
------------------------------------------------------------ -----------
(US 100 CFD (Nasdaq) 1D Futures Chart)
The 12212.6-12932.3 zone is an important support and resistance zone.
In particular, the 12374.1 point is the point on the 1W chart where an uptrend is likely to begin.
Therefore, if support is found near the 12374.1 area and rises, an attempt to break above the 12932.3 area is expected.
The days when the BTC chart and the Nasdaq futures chart are decoupled are increasing.
Therefore, it is highly likely that the coin market will show a different trend than the stock market.
Those who invest in the coin market by referring to the flow of the stock market, please invest with this in mind.
------------------------------------------------------------ -------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
#BTC/USDT 4HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BTC /USDT UPDATE !
Here BTC is also getting support from the Black MA which is a strong rally from the current levels towards the upper resistance level of $28k.
BTC needs to maintain this level to rally up, a candle below the MA support will propel it towards its lower levels.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
Bitcoin (BTC) - July 22Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(BTCUSDTPERP 1D Chart)
Primary Resistance: Rising Channel (23722.8-25373.3)
Secondary resistance: 27054.1-29840.6
The RSI and Stoch RSI indicators are located in the overbought zone.
If it does not break out of the overbought zone, it is expected to lead to further gains.
To that end, it is important to see support at 22471.5 or higher.
If it fails to rise to the rising channel (23722.8-25373.3), the first resistance section, you should check to see if support is found in the section 21481.1-22471.5.
The volatility period is around July 23 (July 22-24).
(1h chart)
** On the 1h chart, a sharp move is likely to occur, so a short-term response is recommended.
The key is whether it can be supported by rising to the 23722.8-25383.3 section.
Also, you need to make sure you can move up along the uptrend line.
In the CCI-C indicator, the CCI line fell below the +100 point and below the EMA line, which is likely to lead to further declines.
So, beware of volatility.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
🔻BTC.D DOWN,🔻USDT.D DOWN & 💹OTHERS.D UP ,What will happen❓❕HEY traders, what's going on today ❓❕‼️😉
since previous analysis that I posted for OTHERS dominance ,some interesting events have happened in the crypto market .
🔻📉BTC.D has declined ~ -10% ( from 49%-43%)
🔻📉USDT.D has declined ~ -30% ( from 9.5%-6.5%)
💹📈OTHERS.D has raised ~ +20% ( from 11%-13.5% )
while the dominance of both BTC and tether decreased But others.d increased and at same time we saw that bitcoin and altcoins prices has raised recently , so What it means ?!
in my opinion it means that in the recent weeks while majority of trader expected a green market and increase for bitcoin and altcoins but they mostly put their liquidity to the altcoins market because might expected more growth for altcoins rather than btc when btc.d is down .
If you don't know what's OTHERS.D , Before going any further more you should know the OTHERS.D represent the percentage of total market capitalization of the top-125 cryptocurrencies, excluding BTC and some other top cryptocurrencies. You can see the list of excluded coins on the Total Market Capitalization Dominance chart on the cryptocurrency market page . The excluded coins are displayed along with the OTHERS market chart.
Although the relation between the BTC.D , bitcoin price , altcoin dominace and their prices is a little bit confusing for most of us , but these key point can help us to predict the market !
EXPs :
if BTC price increase and BTC .D increase too ====> Altcoins price decreases.
if BTC price decrease and BTC .D increase ====> Altcoins price Dump and decrease heavy. This is dump phase.
if BTC price go sideway(without up or down) and BTC .D increase ====>Altcoins price don't change and this is accumulation phase.
if BTC price increase and BTC .D decreases (or sideway ) ====> Altcoins price jump or may have a altseason.
if BTC price decrease and BTC .D decreases too ====> Altcoins prices go sideways.
if BTC price go sideway and BTC .D decreases ====> Altcoins prices increase
so now what I expect for crypto market and altcoins?!
As always because of more dominance of Bitcoin ,we start with btc and btc.d ( I also assume that USD.T continues its down trend ),
📈_ thus if btc.d maintains the current support zone and be able to increase by breaking of the descending trendline and then can reach the higher VG zone :
if at same time bitcoin price rises >> so in this case others.d loses the current pivot zone and altcoins price will decrease
if at same time bitcoin price decreases >> so in this case others.d loses the current pivot zone fall to lower support zone and altcoins price will dump
if at same time bitcoin price goes in a sideways >> so in this case others.d maintain the current level and altcoins price will continue an accumulation phase
📉_ But if BTC.D the loses current support and goes down to lower support or may ( continues sideway) :
if at the same time bitcoin price goes more up >> so in this case altcoin dominance can reach the higher resistance zone an forms a H&D pattern and altcoins price will jump
if at the same time bitcoin price goes down >> so in this case others.d then altcoins price will go in a sideway
if at the same time bitcoin price goes sideways >> so in this case then altcoins price will go up
but anyway take it mind according to the USDT.D chart and previous analysis for , the tether dominance may increases in the short-term and the the same time btc.d and others' lose more their current dominances again , so in this case we may have a temporary down before any rising (in the mid-term )!
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
--------------------------------------------------------------------------------------------------------------------
👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💚if you're fan of my analyses please follow me , give a big thumbs 👍 OR drop a comment 🗯
#BTC/USDT 4HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BTC /USDT UPDATE !
Bitcoin broke the major resistance of $22.600 and held above it. We will see a move towards $27,500 To $28.000if BTC is able to hold above the $22.600 level. Global markets also showing some positive moves and we expected the same in the crypto market.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
#BTC RETESTING UPPER TREND LINE!!Hello everyone welcome you all to this exclusive BTC 4hr chart update.
If you find my updates helpful and productive, hit the like button follow and comment your view in the comment section, this motivates me to bring this kind of update regularly.
Let’s look into the chart,
As BTC performed well and was able to break 4 weeks of resistance, currently resting after a rally of 28%.
In the scenario, BTC is likely to retest the upper resistance level of $22700 and bounce towards the upper resistance level of $28k in the upcoming days.
BTC needs to hold this level otherwise breaking below will lead BTC again towards its lower price level of $20k.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
Bitcoin (BTC) - July 21Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(BTCUSDT 1W Chart)
Resistance: 27033.35-29812.52
1st support: 21475.02
Second support: 13137.51-15916.68
In order to turn into an uptrend and continue a full-fledged uptrend, it needs to rise above the ellipse shown on the chart to be supported.
Therefore, it is highly likely that an uptrend will begin when it rises above 29812.52.
- As the RSI indicator is located in the oversold zone, you can see that it is located in the low low zone.
- The Stoch RSI indicator is rising and is expected to enter the overbought zone soon.
When the Stoch RSI enters the overbought zone, it is expected that the RSI will break out of the oversold zone.
It will also form a short-term high, so it is likely to create the first pull back pattern.
With this first pull back pattern, there is a possibility that it will move back towards the 21475.02 area, but the key is whether it can break out of the downtrend line.
We need to see if we can break through the intersection of horizontal and diagonal Fibonacci upwards.
- On the CCI-C indicator, the CCI line is located in the range of -100 to +100, so it can be considered as a sideways section.
So, we need to see if we can continue the uptrend by moving above the 0 point and see if we can see a full-fledged uptrend by moving above the +100 point.
(1D chart)
The key is to maintain the price above the 21475.02-22487.41 zone and move towards the resistance zone.
The maximum possible climb is expected to be 27033.35-29812.52.
If it falls below 21475.02 and finds resistance, there is a possibility of a sharp drop, so trade cautiously.
At this time, the key is whether it is supported in the vicinity of 18719.11.
------------------------------------------------------------ -----------
- The US 100 CFD (Nasdaq) chart moved higher to the 12212.6-12932.3 section, an important support and resistance section.
The key is to find support and move higher on the 1W chart at 12374.1, which is likely to move higher.
- If BTC dominance rises when BTC price rises, altcoins are likely to go sideways or fall.
This is because the funds are concentrated towards BTC.
- At this time, the important thing is that the USDT dominance should decrease.
This is because when the USDT dominance rises, it means that the sell-off is dominant in the coin market.
------------------------------------------------------------ -------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
Bitcoin (BTC) - July 20Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(BTCUSDTPERP 1D Chart)
The key is whether you can break through the bullish channel of the two uptrend lines upwards.
If the upward break fails, you should check to see if support is found in the 21481.1-22471.5 section.
The 27054.1-29840.6 interval is the interval that determines the trend.
Therefore, if you touch this section and fall, you need Stop Loss to preserve profit and loss.
As mentioned before, the coin market is experiencing liquidity problems.
Therefore, in order to solve these problems, funds must flow into the coin market.
Whether the money in the coin market is flowing in or out can be easily seen with the USDT and USDC charts.
Although a lot of money has flowed into the coin market, funds have started to flow out of the coin market due to recent global issues.
In addition, when services such as deposit services (Earn, Staking, Farm, Landing) are activated in the coin market, funds are stagnant.
The liquidity problem that has arisen from this is a problem that the coin market has to face in order to expand into a larger market.
Due to this, I think that the structural problems of the coin market and various problems of coins and tokens will be supplemented.
For the coin market to lead to a full-fledged uptrend, it must rise above 29K.
To do this, I think that funds must first flow into the coin market.
Otherwise, we don't expect the bullish to continue even if it rises above 29K.
(US 100 CFD (Nasdaq) 1W Futures Chart)
The 12212.6-12932.3 zone is an important support and resistance zone.
Therefore, it is important to be supported and continue the uptrend within this section.
(1h chart)
** On the 1h chart, a sharp move is likely to occur, so a short-term response is recommended.
The key is whether it can be supported by rising to the 23K-25K section.
If it is not supported, you should check to see if it is supported at 21481.1 or higher.
------------------------------------------------------------ -------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
Bitcoin (BTC) - July 19hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(BTCUSDT 1W Chart)
Resistance: 27033.35-29812.52
1st support: around 21475.02
Second support: 13137.51-15916.68
You need to check if it can be supported at 21475.62 or higher.
Since the RSI indicator has not yet moved out of the oversold zone, careful trading is required.
(1D chart)
It is necessary to check whether there is any movement out of the section 18719.11-22487.41.
The next volatility period will be around July 25th, but it will be important to be able to touch the resistance zone of the two bands shown on the chart by around August 10th.
To do that, you need to keep the price above 21475.02.
For the coin market to show an overall upward trend, it must rise above 29812.52.
So, the current movement is likely a rebound from a downtrend.
Therefore, it is necessary to increase the holding quantity while responding to short-term trading.
------------------------------------------------------------ -------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
---------------------------------
Do you think willHello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BTC /USDT UPDATE !
What will happen to BTC from here What do you guys think Comment
????????
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
Bitcoin (BTC) - July 18Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(BTCUSDTPERP 1D Chart)
The key is whether you can move above 21481.1 and break out of the downtrend line.
A break from the downtrend line is expected to lead to further upside.
At this time, the key is whether it can rise above 22471.5.
If it falls below 18741.7, it may move towards the 15908.2 area, so trade cautiously.
If support is found in the 13121.7-15908.2 section and rises, it is possible that an uptrend for a reversal of the trend may begin.
(US 100 CFD (Nasdaq) 1D Futures Chart)
()
For a trend reversal, it needs to move higher than 12212.6.
However, you need to be careful as there may be wiggles to reverse the trend.
The 11728.0 point is the demarcation point between an uptrend and a downtrend in the long term.
Therefore, the key is whether it is supported above 11728.0.
(USDT.D 1W chart)
()
A decline in USDT dominance is likely to lead to a rise in the coin market as a whole.
However, stable coins such as USDT and USDC are highly likely to show an upward trend in the coin market only when they show an upward trend because funds move through them.
Therefore, it is only natural that USDT dominance is showing an overall upward trend.
When funds flowed through stablecoins such as USDT and USDC start buying, the dominance begins to decline.
(A gap occurs when new funds flow into or out of the coin market.)
The key is whether it can break below the uptrend line and move below 5.92.
You should also check to see if it rises to around 13.75, which you previously touched with a strange sign.
We just hope that an ascent near 13.75 doesn't happen.
This is because a rise in USDT dominance is likely to lead to a downtrend in the coin market as a whole.
(BTC.D 1W Chart)
()
A decline in BTC dominance is likely to lead to a rise in altcoins.
This makes the asking price of BTC thinner, making it more likely to be volatile.
Therefore, as the BTC price leads the rise, the coin market as a whole will show an uptrend only when the BTC dominance rises and then falls.
A rise in BTC dominance is likely to lead to a decline in altcoins.
Summarizing this,
- When BTC dominance is on a downward trend, trade mainly with altcoins,
- When BTC dominance is on an upward trend, it is recommended to trade mainly with BTC.
As the coin market as a whole is in a downtrend, it's a good idea to watch and not trade.
However, starting trading with some funds in the section considered to be the bottom section is likely to seize an opportunity, so I think it is worth a try.
As mentioned above, you need to shake up and down to reverse a trend.
Then, volatility will occur frequently.
You need to think about whether you want to take advantage of this volatility for short-term trading to generate cash returns or increase your holdings.
(BTCUSDTPERP 1h chart)
** On the 1h chart, a sharp move is likely to occur, so a short-term response is recommended.
The key is whether you can break out of the downtrend line.
To do that, we also need to see if we can move above 21481.1.
In the CCI-C indicator, if the CCI line falls below the EMA line, it may lead to further declines, so you need to be cautious.
At this time, it is important to be supported near 20564.2.
If it gains support above 21481.1, the key is whether it can move above 22471.5.
------------------------------------------------------------ -------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
---------------------------------
Bitcoin (BTC) - July 17Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(BTCUSDT 1W Chart)
Resistance: 27033.35-29812.52
1st support: around 21475.02
Second support: 13137.51-15916.68
The key is to get support above 21475.62 and get inside the lower end of the Bollinger Bands (60).
Since the RSI indicator has not yet moved out of the oversold zone, careful trading is required.
(1D chart)
It is necessary to check whether there is any movement out of the section 18719.11-22487.41.
The next volatility period is around July 18th.
However, if the price is maintained above the uptrend line passing the 19695.87 point around July 18th, there is a possibility that the price will rise from the volatility period around July 24th.
At this time, the rising section is expected to be 23K-25K.
(BTC.D chart explanation)
A decline in BTC dominance is likely to lead to a rise in altcoins.
This will reduce the trading volume of BTC and increase the possibility of large volatility as the asking price becomes thinner.
Since BTC is not currently leading the rise, it is recommended to trade from a short-term perspective.
At this time, I think it is better to proceed with the transaction in the direction of increasing the holding quantity rather than the cash profit.
However, if you feel that your cash holdings are insufficient, it is better to obtain cash income.
Because when it goes down one more wave, you need money to buy.
(USDT.D chart explanation)
Stablecoins such as USDT and USDC act as a channel for funds to flow into the coin market.
Therefore, USDT and USDC should continue to trend upward.
A rise in USDT and USDC causes the USDT dominance and USDC dominance to rise as well.
However, USDT dominance and USDC dominance decrease when the coin market is on an upward trend, and rise when the coin market is in an uptrend.
This is a phenomenon that occurs when the funds flowing into the coin market are used for trading.
It may be a little difficult to understand, but stablecoins such as USDT and USDC are charts that show the inflow and outflow of funds.
USDT Dominance, USDC Dominance is a chart that shows whether or not funds are being used to trade in the coin market.
For the coin market to become a bull market, USDT and USDC charts must rise first.
Currently, the USDT chart is approaching the boundary between an uptrend and a downtrend.
If this flow continues, more funds are likely to flow out of the coin market via USDT.
However, the USDC chart is maintaining an upward trend.
The recent stablecoin issue seems to have accelerated the movement of funds from USDT to USDC.
However, as the amount of money flowing through USDC is small compared to the amount of money flowing out through USDT, it is judged that funds are flowing out of the coin market as a whole.
In summary, the current coin market is only showing a rebound from a downtrend.
For this rebound to lead to a full-fledged uptrend, it needs to move higher than 29K.
------------------------------------------------------------ -------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------