Get started

Btcdominance

#TETHER/DOMINANCE 3HR CHART UPDATE !!Hello, traders welcome you all to another USDT DOMINANCE update, If you are reading my update for the first time hit the like button follows and comments in the comment section if you find this analysis helpful. 
in this chart, it’s evident that USDT DOMINANCE broke below the triangle pattern and meltdown by 6.72% to the support zone. In the current scenario, USDT DOMINANCE bounced from the support Zone and moved upside. A short-term bounce is likely in the upcoming hours to retest the bottom of this triangle pattern to melt down towards 6.12% which will bring consecutive green candles in USDT pair ALT coins. MACD also prints a bullish cross which comes out as bearish mode in ALT coins. Break above the triangle or candle close above the lower trend line resistance will be the invalidation point for this chart analysis. Let’s see how it prints the upcoming candles. NOTE: 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.
CRYPTOCAP:USDT.D
by Domino_Crypto
#BTC/USDT 2HR CHART UPDATE !!Hello, traders welcome you all to another BTC update, If you are reading my update for the first time hit the like button follows and comment in the comment section if you find this analysis helpful. According to my previous chart, BTC moved extremely well. In the current scenario, BTC broke the resistance zone and closed above but was unable to sustain that level and got rejected. After recording a 3weeks high BTC again meltdown by 5%. Currently, BTC moving down towards the support range of $20.1k. BTC needs to recover upside soon otherwise it can again drop to its lower levels. NOTE: 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 OWN RESEARCH BEFORE MAKING ANY TRADES. Thank you.
BITSTAMP:BTCUSD
by Domino_Crypto
#ETH/USDT 4HR CHART UPDATE !!Welcome to this quick chart analysis, if you find this helpful hit the like button and share your views in the comment section. Hello, traders according to my previous chart ETH performed well and moved upside by 20%. In the current scenario, ETH broke above the falling expanding channel. Here ETH is retesting the upper trend line support and a bounce above is likely in the upcoming hours. Red MA is also reacting as a strong resistance which ETH needs to break and retest for upcoming price build-up. If ETH moves back inside the channel then this char will be invalidated. NOTE: 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 OWN RESEARCH BEFORE MAKING ANY TRADES. Thank you.
by Domino_Crypto
Bitcoin (BTC) - July 8Hello? Nice to meet you, traders. Follow us and you'll always get new information quickly. Please click "Like". Have a great day today. ------------------------------------- (BTCUSDT 1W Chart) Resistance: 27033.35-29812.52 Primary Support: Around 21475.02 2nd Support: 13137.51-15916.68 The key is whether it can be supported and raised near 21475.52. The key is whether it can break the upward trend line if it rises above 21475.52. In particular, RSI indicators and Stochastic RSI indicators should be checked for deviations from the over-sold section. (1D Chart) It is necessary to check if there is any movement deviating from section 18719.11-22487.41. We need to check if we can get support from 21475 or higher. If it rises above 21475.02-22487.41 and is supported, it is expected to shift to an upward trend from a short-term and medium-term perspective. However, careful trading is required as resistance is expected near the upward trend line. The next period of volatility is around July 13. As with the previous trend, careful trading is required because it may not break through the MS-Signal index upward and lead to a large drop. In order for the MS-Signal index to shift to an upward trend, it must rise above 22487.41, shake it up and down, and rise. This will enable MS-Signal indicators to be supported and raised as they shift to an upward trend. However, since it will be supported around 21475.02, it is expected that there will be little room for the rise. I think we need to walk sideways for about two more months to get the momentum around 21475.02. It is expected to continue the upward trend from a mid- to long-term perspective only when it rises above 29812.52. So, you have to trade with the idea that you're rebounding from the current downward trend. Therefore, below 29812.52, we have to proceed with the transaction from a short-term perspective. However, rather than receiving profits in cash, it is better to increase the number of holdings. You can earn a lot of profits even if you check whether it is supported by a rise of 29812.52 or more and proceed with a full-fledged purchase. Until then, you should be careful because waiting under psychological pressure by using a large amount of investment to buy can be exhausting in investing for a long time. To survive in the investment market for a long time depends on how stable your psychological state is. --------------------------------------------------------------------------------------------- ** All indicators are retrograde indicators. So, it's important to know that the indicators move along with the price and volume of the transaction. However, for convenience, I'm talking upside down for interpretation of the indicators. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV index was re-created by applying the formula to the Depth House Trading index released by Oh92. (Thank you.) ** Support or resistance is the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee gains or losses in the investment. (Short-term Stop Loss is a point where profit or loss can be preserved or additionally entered as a split transaction. It's a short-term investment perspective.) ---------------------------------
by readCrypto
#BTC/USDT 2HOUR 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 ! After breaking out a symmetrical triangle, we have seen an excellent bullish volume in it and currently, it is facing horizontal resistance which is around $22600 to $22800. MACD crossover is showing bullish momentum. We have some local support around $21600, A solid break above horizontal resistance confirms the continuation of a further bullish trend in it. 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. Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits. THANK YOU.
by CryptoSanders9563
4
Bitcoin (BTC) - July 7Hello? Nice to meet you, traders. Follow us and you'll always get new information quickly. Please click "Like". Have a great day today. ------------------------------------- (BTCUSDTPERP 1D Chart) It is necessary to check if there are any deviations within the box section drawn on the chart. Stochastic RSI indicators have entered the overbuying section. Therefore, there is a possibility of resistance in section 20564.2-21481.1. At this time, it is necessary to check if it can be supported at 19930.6 points. If it is supported by more than 20564.2-21481.1 sections, it is expected to shift to an upward trend from a short-term and medium-term perspective. Otherwise, careful trading is required as it is likely to touch MS-Signal indicators and lead to further declines. At this point, it is important to ensure that support is available near 18741.7. The next volatility period is around July 16. The key is whether the USDT.D chart can fall below the upward trend line. On the IXIC (Nasdaq) chart, the 11490.19 point is the boundary between rising and falling in the long run. Therefore, it is important whether it can be supported by a rise of more than 11490. In addition, if it falls below 11167.51, and is resisted, it is likely to fall to around 9576.59. If you go up along the upward trend line on the BTC.D chart, you're going to end up falling below the current price range. I think the point where the word "rising" begins in earnest in the coin market is when it rises more than 29K. Therefore, until then, I think it is better to proceed with a transaction method that increases the number of holdings while recovering the investment as much as possible. The transaction should be conservative on the premise that it will fall to section 13121.7-15908.2. So, you have to have cash to take advantage of the opportunity when prices plunge. (1h chart) ** A short-term response is recommended, as sharp movements are likely to occur in the 1h chart. 19930.6 Point is the HA-Low indicator point in the 1D chart. Therefore, if it is supported near 19930.6, it is expected to lead to further increases. Primary resistance : around 20564.2 Secondary resistance : around 21481.1 The two box sections are likely to traverse, support and resistance sections. --------------------------------------------------------------------------------------------- ** All indicators are retrograde indicators. So, it's important to know that the indicators move along with the price and volume of the transaction. However, for convenience, I'm talking upside down for interpretation of the indicators. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV index was re-created by applying the formula to the Depth House Trading index released by Oh92. (Thank you.) ** Support or resistance is the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee gains or losses in the investment. (Short-term Stop Loss is a point where profit or loss can be preserved or additionally entered as a split transaction. It's a short-term investment perspective.) ---------------------------------
by readCrypto
#BTC/USDT 2HR CHART UPDATE !!Hello, community members welcome to another BTC/USDT chart update. If you find this update helpful, shoot the like button follow and share your views in the comment section. As we can see from the chart mentioned above that BTC is still trading inside a price range-bound. BTC was unable to break above the $20k resistance level and was trying hard to break above. BTC broke above the resistance level. In the current scenario, BTC broke above the triangle pattern and currently retesting the upper trend line. Here BTC will rally towards the upper resistance level at the price level of $21.7k Let’s see how BTC performs in the upcoming hours and will BTC is able to break the upcoming resistance level !! NOTE: 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.
by Domino_Crypto
#TETHER/DOMINANCE 1HR CHART UPDATE !!Hello, community members welcome to another USDT DOMINANCE chart update. If you find this update helpful, shoot the like button follow and share your views in the comment section. As I mentioned in my previous USDT DOMINANCE chart that it will reject from the 7.79% level and it rejected. It meltdown by almost 5% till the lower support zone level. IMO, currently, be cautious with your high leverage trades because USDT.D currently trading on a support trend line and a bounce is likely in upcoming hours. But candle close below the support trend line and support zone will continue the rally in USDT pair ALT coins. Let’s see how it performs in upcoming hours. NOTE: 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.
CRYPTOCAP:USDT.D
by Domino_Crypto
#BTC/USDT 2HOUR UPDATE BY CRYPTOSANDERS !!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 I mentioned in my previous chart that BTC will bounce from the retest level of the triangle pattern at a level of $19300 and it performed well. As BTC bounced 7.5% from $19300 and got rejected from the resistance level of $20500. In the current scenario, BTC is trading above a green support zone at the price level of $20k. Here BTC needs to hold this level and break above this resistance level to rally towards the price level of $21700. If BTC is able to break above the resistance level then we will see more green candles in ALT coins. Candle close below the support zone will lead BTC again to drop at the price level of $19300. 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. Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits. THANK YOU.
by CryptoSanders9563
#BNB/USDT 3HR CHART UPDATE !!Hello, community members welcome to another USDT DOMINANCE chart update. If you find this update helpful, shoot the like button follow and share your views in the comment section. BNB/USDT broke above the triangle pattern and currently moving downside to retest the upper trend line. Here we can take entry if we are able to see a price level of $218 which will be the best entry according to this chart for a 30% - 35% gain in upcoming days. A candle that closes below the price level of $208 will be the exit point. You can take entry at futures or spot too. NOTE: 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.
Long
by Domino_Crypto
2
Bitcoin (BTC) - July 6Hello? Nice to meet you, traders. Follow us and you'll always get new information quickly. Please click "Like". Have a great day today. ------------------------------------- (BTCUSDT 1W Chart) Resistance: 27033.35-29812.52 Primary Support: Around 21475.02 2nd Support: 13137.51-15916.68 The key is whether it can be supported and raised near 21475.52. The key is whether it can break the upward trend line if it rises above 21475.52. In particular, RSI indicators and Stochastic RSI indicators should be checked for deviations from the over-sold section. (1D Chart) It is necessary to check if there is any movement deviating from section 18719.11-22487.41. It is also necessary to check whether it can rise to section 1965.87-21475.02 and intersect with MS-Signal indicators. The next period of volatility is around July 13. I'll keep telling you, the current price range is a price range that has merit to buy. However, there is a possibility that it will fall near the section 13137.51-15916.68, so we have to prepare for it. Therefore, a transaction method is needed to increase the amount of holdings corresponding to profits while recovering the principal as much as possible by proceeding with the split purchase and the split sale by the unit price. -------------------------------------------------------- Added chart analysis using newly added HA-Low indicators. The HA-Low and HA-High indicators suggest ways to trade using Heikin Ash candles. Therefore, the point where the HA-Low and HA-High indicators form a horizontal line acts as support and resistance. The longer the horizon, the stronger the role of support and resistance. Currently, HA-Low indicators are created in the price range, and the location is 19946.21. Therefore, it is necessary to check if it is supported by the 1994 June 21 Jiseom. If supported and raised in 19946.21, the HA-Low indicator is likely to be resistance at 21478.98 horizontal points. ------------------------------------------------------------ (Note) Added to the MRHAB-T indicator to set the bolinger band and moving average line (MA). Once this chart is shared, the metrics set in the chart can be used normally. However, the formulas for the indicators set in the chart are not disclosed. --------------------------------------------------------------------------------------------- ** All indicators are retrograde indicators. So, it's important to know that the indicators move along with the price and volume of the transaction. However, for convenience, I'm talking upside down for interpretation of the indicators. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV index was re-created by applying the formula to the Depth House Trading index released by Oh92. (Thank you.) ** Support or resistance is the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee gains or losses in the investment. (Short-term Stop Loss is a point where profit or loss can be preserved or additionally entered as a split transaction. It's a short-term investment perspective.) ---------------------------------
by readCrypto
2
#TETHER/DOMINANCE 1HR CHART UPDATE !!Hello, community members welcome to another USDT DOMINANCE chart update. If you find this update helpful, shoot the like button follow and share your views in the comment section. As we all witnessed that USDT dominance printed a downside movement of 4.5% from 7.79% - 7.47%. USDT DOMINANCE printed a reversal bounced from the support level of 4.475 level to 7.85% and currently retesting the lower resistance level. Here It needs to get rejected from this level for bulls, rejection will again bring green candles in ALT coins, and a break above will end up things again for bulls and it will rally towards the upper higher levels. Let’s see how USDT DOMINANCE performers in upcoming hours. NOTE: 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.
CRYPTOCAP:USDT.D
by Domino_Crypto
USDTDOMINANCE 2HOUR UPDATE BY CRYPTOSANDERS !! 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. as I mentioned in my previous chart that USDT DOMINANCE will move upside till the level of 7.79% and it moved well USDT DOMINANCE is currently trading on a crucial resistance level. It needs to get rejected from this level for bulls, rejection will again bring green candles in ALT coins, and a break above will end up things again for bulls and it will rally towards the level of upper resistance which is around 8%. Let’s see how USDT DOMINANCE performers in upcoming hours. 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. Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits. THANK YOU.
CRYPTOCAP:USDT.D
by CryptoSanders9563
1
#ETH/USDT 3HR CHART UPDATE !!Welcome to this quick chart analysis, if you find this helpful hit the like button and share your views in the comment section. 
ETH performed well after a sharp bounce from the lower trend line support. ETH was able to gain almost 13%. It was unable to break above and got rejected from the resistance level of $1177 and currently trading at 7% from the resistance level. ETH currently holding the red MA pretty well and if it is able to sustain that then ETH will again regain its position. Candle close below the lower support will be the invalidation point for this chart analysis. NOTE: 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 OWN RESEARCH BEFORE MAKING ANY TRADES. Thank you.
by Domino_Crypto
#BTC/USDT 4HR CHART UPDATE !!Welcome to this quick chart analysis, if you find this helpful hit the like button and share your views in the comment section. As we can see from the chart mentioned above BTC performed well, bounced from the lower trend line support, and pumped almost 7.5% after a break above the resistance zone. BTC got rejected from the upper trend line support at the price level of $20440 and moving downside. Here B TC should hold the lower trend line support to recover again towards the upside. If any 4hr candle closes below the lower trend line, the next stop will be the lower green support zone, which is $17.6k - $18k. NOTE: 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 OWN RESEARCH BEFORE MAKING ANY TRADES. Thank you.
BITSTAMP:BTCUSD
by Domino_Crypto
#BTC/USDT 2HOUR 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 bounced after doing a successful retest above descending trendline and accumulation zone. Currently, it is facing horizontal resistance from where we have previously seen a liquidity grab. We've to wait for a solid break above horizontal resistance to confirm the continuation of a bullish trend in it. 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. Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits. THANK YOU.
by CryptoSanders9563
1
Bitcoin (BTC) - July 5Hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDTPERP 1D Chart) It is necessary to check whether there is any movement outside the box area drawn on the chart. If it falls below 18741.7, it is likely to touch the 13121.7-15908.2 section, so trade cautiously. The section 13121.7-15908.2 is the section that determines the trend, and if it is supported and ascends in this section, it is expected to go on a journey to rise to the section 27054.1-29840.6. If it rises above 19930.6 and is supported, it is expected to lead to further gains. At this time, if it rises above 21481.1 and is supported, it is expected to turn into an uptrend from a short-term and medium-term perspective. The next volatility period is around July 16th. The key is whether it can move below the uptrend line on the USDT.D chart. On the US 100 CFD (Nasdaq) futures chart, the 11728.0 point is the long-term boundary between an uptrend and a downtrend. Therefore, the key issue is whether it can rise above 11728.0 and receive support. Also, if it falls below 11371.9 and finds resistance, there is a possibility that it will move towards the 10472.7 area. The coin market is changing. Therefore, forecasting current trends and patterns with past trends and patterns can be a major mistake and should be done with caution. If it rises along the uptrend line on the BTC.D chart, it will eventually fall below the current price level. Therefore, it is considered dangerous to proceed with an active purchase after seeing articles such as grounding in the media. I think the point where the coin market starts to say that it is a bull market in earnest is when it rises above 29K. Therefore, until then, I think it is better to proceed with a trading method that increases the holding amount while recovering the investment as much as possible. You should trade under the assumption that it will fall to the 13121.7-15908.2 section. Therefore, you must have cash to seize the opportunity when the price plummets. (1h chart) ** A short-term response is recommended as sharp movements are likely to occur on the 1h chart. The key is whether it can be supported by rising above the 19930.6-20109.9 section. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. However, for 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.) ---------------------------------
by readCrypto
#BTC/USDT 1HOUR UPDATE !!BTC broke above the triangle pattern and moved upside. Currently, BTC is trading at a resistance level of $19800. BTC needs to break above this resistance zone to gain more % towards the price level of $22k resistance level. Rejection will lead BTC again towards lower price levels.$19500 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. Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits. THANK YOU.
by CryptoSanders9563
#BTC/USDT AT RESISTANCE !!Welcome to this quick chart analysis, if you find this helpful hit the like button and share your views in the comment section. As we can see from the above-mentioned chat that BTC broke above the falling expanding wedge and moved upside by 3% in a few hours. BTC currently trading in a resistance zone, It needs to break above and close to rally towards the price level of $22k. Rejection from this level will be harsh for bull And it can move don again towards the price level of $18.8k. NOTE: 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 OWN RESEARCH BEFORE MAKING ANY TRADES. Thank you.
by Domino_Crypto
#BTC/USDT WEEKLY CHART UPDATE !! Hello everyone welcome to this BTC chart analysis, here I tried to bring a clear picture about BITCOIN’S possible low in this bear market. This chart is totally based on BTC previous PA and calculations are totally based on the observed fractals. Let’s get back to chart. BEAR CYCLE 1 As we can see at above mentioned chart that on NOV 2013 BTC recorded its first all time high which was $1168. After recording a new all time high BTC started losing % and moved downside. In first bear cycle BTC moved down by almost -86% in 651 days. In first bear cycle after a drop of -86% BTC stoped moving down at the red MA support and consolidated for few weeks before the reversal towards the bull cycle. BEAR CYCLE 2 On DEC 2019 BTC recorded its second new all time high after a massive bull rally of 3383% in 883 days. After a new all time high BTC again begin to loose % and moved downside which was the beginning of a second bear cycle from the price level of $19666. In second bear cycle BTC dropped by almost 85% again just like before and dropped down at the lowest price level of $3122. After a drop of 85% BTC again consolidated for few weeks on the RED MA support and printed a reversal towards the new bull cycle. BEAR CYCLE 3 On NOV 2021 BTC recorded its third new all time high after a massive bull rally of 1155% in 623 days. After a new all time high BTC again dropped from $69k level which was reversal point again for BTC towards the current bear cycle. In this bear cycle BTC has dropped 73% till in 259 days. 25th April 2022 was the major exit point for bull traders where MACD printed a bearish cross over. According to the previous PA more down side movement is yet to be printed by BTC. Conclusion: 1. When Ever BTC enters a bear cycle it dumps 85% on an average. 2. In current bear cycle BTC has dumped 73% yet. 3. On an average bear trend tanuer is around for 650 days. 4. In previous last two bear cycle BTC dropped till red MA and bounced to print a reversal towards the bull cycle. 5. RED MA was working as a strongest and longest support level but this time BTC broke below the MA. 6. BTC heading towards the lower trend line support which is around $12k price level. 7. According to the current PA from OCT- NOV 2022 Ian between we can see a reversal in trend. 8. Here MACD working well enough to show reversal points, so keep an eye on it. NOTE: 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 OWN RESEARCH BEFORE MAKING ANY TRADES. Thank you.
BITSTAMP:BTCUSD
by Domino_Crypto
Bitcoin (BTC) - July 4hello? Traders, welcome. 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: around 21475.02 Second support: 13137.51-15916.68 The key is to find support and move higher near 21475.52. The key is whether a move above 21475.52 can break through the uptrend line. (1D chart) It is necessary to check whether there is a movement out of the section 18719.11-22487.41. You should also check if it can cross the MS-Signal indicator by ascending to the section 19695.87-21475.02. If it fails to rise above 19695.87 or fails to break above the MS-Signal indicator, there is a possibility that it will fall to the 15916.68 area. The next volatility period is around July 13th. The Stochastic RSI indicator on the 1W chart is showing signs of going up. Also, the Stochastic RSI indicator on the 1D chart is trying to show a sideways trend in the oversold section. Although the Stochastic RSI is not an upward movement, it is likely that the BTC price will rise soon. At this time, an upward divergence may occur where the stochastic RSI indicator rises and the BTC price declines. When the altcoin's circular pumping is in progress, you need to be careful as buying when the price rises can be a very risky trade. If BTC price surges, most altcoins will stop rising and will likely go sideways or fall. Only a few altcoins will see a rise in BTC price. Therefore, if the coin (token) you purchased does not rise, you cannot wait until the next cycle pumping due to a psychological burden, and stop loss may result in double losses. Currently, most altcoins are located in the bottom section. It also belongs to the mid- to long-term investment area. Since the coins (tokens) located in this range have a small decline, it is very foolish to sell the coins (tokens) you hold because the rise time is later than that of other coins (tokens). However, it is also what often happens when you fall into a state of psychological irritation. Accordingly, rather than a transaction to increase a large return at the current price, it is necessary to conduct a transaction with the mindset of lowering the average purchase price and increasing the number of holdings by proceeding with a split purchase. Since you don't know how long you will buy in installments, you need to find a way to buy in installments for as long as possible and proceed with the purchase. If the price rises from the purchase price in installments, it is recommended to sell the purchase principal (+ transaction fee X 2) by the unit price of the installment purchase to increase the holding quantity and secure some cash. (This method I use is called 'increase coins' transaction method.) This is because, in the current section, it is important to increase the number of coins (tokens) held rather than cash income. Again, it doesn't matter how far the price rises or falls. It is important to trade by finding a way to increase the number of coins (tokens) you want to hold by purchasing so that your cash does not run out. Don't waste your time figuring out how far the price will rise or how far down. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-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.) ---------------------------------
by readCrypto
2
#BTC/USDT QUICK 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 quick update as we can see from the above-mentioned chart that BTC is currently forming a triangle pattern and trading on a lower trend line support. BTC needs to hold this level and a bounce is needed here to recover towards the upper trend line. IMO, we should wait for a weekly close, which will decide the upcoming scenario. Candles close below will lead BTC towards its lower levels. Cheers, Thanks for your support! 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. Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits. THANK YOU.
by CryptoSanders9563
2