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Btcdominance

BITCOIN: READY TO BOUNCE IN A SHORTER TIMEFRAME.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 TRADE SETUP BTC is gearing for a short-term rally. I am expecting $22k to be the target. Entry: $18.9k to $19.45k Stop Loss: $18.5k Targets: $20k $20.8k $21.4k $22k Note: Use 5x to 10x leverage and don't forget to put SL. Accumulate the dip and trade safely. 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.
Long
by CryptoSanders9563
3
Bitcoin (BTC) - July 2hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDT 1M Chart) If you want to invest in BTC, you should start investing with the expectation that it will drop to the 13137.51-15916.68 range. That said, I don't think you can buy it by waiting for it to drop below 15916.68. The reason is that you will not be able to buy when you think it will go down further. Therefore, you should start buying in installments around 21475.02. Since 19695.87-21475.02 is the previous high, the role of support and resistance can be strong. Therefore, I think it is an advantageous section to start buying in installments. In the chart, we've marked the decline and rise rates for the current segment when it goes down and when it goes up. I think the point where the coin market starts to say that it is a big bull market is when it rises above 29K. Most altcoins are located in the bottom section. Therefore, the decline will be lower and lower. Therefore, you should start buying splits by looking at the support and resistance points during the bearish candlelight on the 1D chart. Altcoins located at the bottom are likely to surge when BTC converses or rises. Therefore, on the 1D chart, when it is a rising candle, you need to sell 100% to get a profit, or sell the same amount as the purchase price for each divided purchase price and use a trading method to increase the holding quantity. Stop Loss if the price declines further from your current position should be decided carefully, as it is likely to result in a double loss and may make it irreversible. Since there is no cash on hand, the loss rate is too large, so if you want to proceed with Stop Loss to get a new opportunity, you should switch to selling only a portion when it rises at least 10% at the Stop Loss point. ------------------------------------------------------------ -- (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) The explanation below is what was previously mentioned. However, it is still valid, so we recommend that you read it again. It is necessary to check whether there is a movement that deviates from the section 19695.87-22487.41. If it moves above 22487.41, you should check for resistance near the uptrend line. If it falls below 19695.87, you should check to see if it is heading towards 15916.68. Conditions have been created for temporary volatility to occur. As a result, there is a possibility that slightly large volatility may appear, so careful trading is required. This volatility could touch the area around 18719.11 and move higher, and a decline below 18719.11 could lead to further declines. Also, if it rises above 21475.02, it must be supported. Otherwise, it is expected to lead to further declines. The next volatility period is around July 13th. ------------------------------------------------------------ ----------------------------------------------------- ** 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
2
📊Why the dominance is falling? BTC and ALTs future.Hi, friends! You probably noticed that altcoins don't follow Bitcoin like they used to, and sometimes even grow during its fall. Why does this happen and what to expect from crypto with such dominance? I explained it in detail in this idea. Dominance is an index that shows what % of the total cryptocurrency capitalization Bitcoin have. The more dominance Bitcoin has, the worse altcoins feel. When dominance falls, especially at market highs, the altseason begins. At that point, money flows from Bitcoin to altcoins. Typically, when Bitcoin falls >50%, Bitcoin's dominance should rise because retail investors are often afraid to invest and sell all their crypto. But that's not the case this time. Retailers are actively buying cryptocurrency along with whales. I see from on-chain data that the number of holders with wallets over 10,000 BTC is growing, but so is the number of wallets with less than 1 Bitcoin. This atypical behavior of retail investors confuses the whales. Full-fledged crypto market is about 11 years old (very young market). It is interesting to watch how it grow and change its patterns and cycles, just like a person. I was expecting a dominance of about 50%, but so far we've hit highs of about 48.5% (it was very close), after which the dominance has dropped. Like I said, it's atypical at market bottoms and shows that cycles change. We should expect the growing of dominance when BTC reach tje bottom and starts to grow by 50-60%. After this the dominance can return to 50%. All money starts to flow into BTC and alts will not the pump till BTC not reach the ATH. As the market behavior changes, so do the new opportunities, which I will talk about further in the ideas. 💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
CRYPTOCAP:BTC.D
by Yuriy_Bishko
5
Bitcoin (BTC) - July 1hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- ** 1M chart will be updated after the candle is created. (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. It is necessary to see where the BTC price is when the Stochastic RSI line starts to rise after falling to the oversold zone. (Note: To include the stochastic RSI indicator in the Long/Short-S indicator, the 50 point of the Stochastic RSI indicator was changed to the 0 point of the Long/Short-S indicator. We merged the indicators as much as possible so that even those who use TradingView for free can share and use the chart.) The next volatility period is around July 16th. (1h chart) ** A short-term response is recommended as sharp movements are likely to occur on the 1h chart. We need to create a 'W' pattern and see if we can rise. However, if it falls below 18741.7 and finds resistance, it may move towards the 15980.2 area, so you need to trade cautiously. The stochastic RSI indicator is an indicator that creates waves that go back and forth from an oversold zone to an overbought zone. Therefore, even if the price rises without touching the oversold section, it will eventually touch the oversold section again. The opposite is also true. Therefore, even if it rises near the current point (the 50 point of the existing Stochastic RSI indicator and the 0 point of the Stochastic RSI indicator included in the Long/Short-S indicator), it will eventually touch the oversold section. If you fail to enter the oversold zone of the Stochastic RSI near the current BTC price of 18741.7, the BTC price will eventually decline from 18741.7. When the stochastic RSI indicator moves out of the oversold or overbought range, if the price is positioned at the support and resistance points (intervals), the strength and trend of ups and downs can be predicted to some extent. (The stochastic RSI indicator I am using is set to 14, 7, 3, 3.) ------------------------------------------------------------ --------- - BTC dominance fell below 43.75, indicating that the altcoin's circulation pumping continues. - With the rise of USDT dominance, the coin market as a whole is likely to show a downward trend. - The key is whether the US 100 CFD futures chart can find support and move higher in the range 11371.9-11539.9. Otherwise, if it is expected to fall near 10472.7, it is expected that it will plunge into the penicel again with a bigger drop than it is now. This penixel is expected to bring a strong rebound to the investment market. ------------------------------------------------------------ ----------------------------------------------------- ** 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 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.) ---------------------------------
by readCrypto
2
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 in the above mentioned chart that BTC broke the lower green support zone and moved downside by 7.5% and bounced right from the upper level of the trend line. BTC printed quick green candles of 11% but got rejected from the blue MA again. IMO, BTC will lose some more % and can move down towards the price level of $17k in the upcoming days. Let’s see how BTC performs in the 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.
by Domino_Crypto
#BTC/USDT DAILY 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 in the above-mentioned chart that if we consider the falling parallel Chanel pattern then BTC is falling down for the last 233 days after recording a current ATH. Currently, BTC is trading on the lower trend line of parallel Chanel, and consolidation is expected between the price range of $18k - $20.5k. RSI also moving downside by following the parallel Chanel. As we can see bears are in charge and BTC can move down towards the price levels of $16k in the upcoming weeks. Let’s see how it goes in the upcoming weeks. 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.
BITSTAMP:BTCUSD
by Domino_Crypto
2
Bitcoin (BTC) - June 30hello? 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: around 21475.02 2nd support: 13137.51-15916.68 The key is to find support and move higher near 21475.52. If it falls below 19695.87 and finds resistance, it is likely to decline to the 13137.51-15916.68 section, so careful trading is required. The 19695.87-21475.52 section is the previous high, so it is expected to rebound if supported. This rebound is expected to be classified as an uptrend or a rebound depending on whether it breaks through the uptrend line. (1D chart) It is necessary to check whether there is a movement that deviates from the section 19695.87-22487.41. If it moves above 22487.41, you should check for resistance near the uptrend line. If it falls below 19695.87, you should check to see if it is heading towards 15916.68. Conditions have been created for temporary volatility to occur. As a result, there is a possibility that slightly large volatility may appear, so careful trading is required. This volatility could touch the area around 18719.11 and move higher, and a decline below 18719.11 could lead to further declines. Also, if it rises above 21475.02, it must be supported. If not, it is expected to lead to further declines. The next volatility period is around July 13th. The trades below are valid until they fall below 19695.87. (buying) - After confirming the support in the section 21475.02-22487.41 (Stop Loss) - When it falls below 19695.87 and receives resistance (Sell) - When resistance near an uptrend line - When resistance is received in the section 27033.35-29812.52 You have to rock it up and down to form the bottom section. Therefore, sideways with large fluctuations will make the bottom section faster than sideways with small fluctuations. Forming a bottom section does not guarantee an immediate rise. Also, it is unlikely to actually lead to a buy. This is because they feel psychologically insecure. I think the point to start real buying out of this psychological anxiety is when it rises above 29812.52. If you want a lower average bid price than others, you should buy below 21475.02. However, you need to prepare for a decline in the 13137.51-15916.68 section before proceeding with a split purchase. In addition, when the price rises through a transaction for each split purchase unit price, the psychological burden should be reduced as much as possible by selling as much as the purchase principal (including transaction fees) to increase the number of holdings. ------------------------------------------------------------ ----------------------------------------------------- ** 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
3
#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:) BTC is forming an inverted Adam and Eve pattern which is generally a bearish pattern. Because BTC is still holding the $19k support level. We can expect it to reach the $18k level once it breaks below the $18.900 support level. This pattern becomes invalid if BTC breaks out and closes above the $20,500 level. 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
#TETHER/DOMINANCE 2HR 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 can see from the above-mentioned chart that USDT DOMINANCE is currently trading in a red resistance zone and rejection is needed at this point. Rejection will lead ALT COINS to climb upside down and breaking above will again lead ALT coins towards a red bath. MACD is also on the path to printing bearish cross-over. IMO, A rejection is likely in upcoming hours, 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
Bitcoin (BTC) - June 29hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDTPERP 1D Chart) It is necessary to check whether it can be supported by rising above 20570.1. If not, you should see support around 18741.7. When the Stochastic RSI line falls below the zero point, the key is whether the BTC price stays above 18741.7. (Note: To include the stochastic RSI indicator in the Long/Short-S indicator, the 50 point of the Stochastic RSI indicator was changed to the 0 point of the Long/Short-S indicator. We merged the indicators as much as possible so that even those who use TradingView for free can share and use the chart.) The next volatility period is around July 16th. (1h chart) ** A short-term response is recommended as sharp movements are likely to occur on the 1h chart. Whether or not it can move higher than 21418.1 is the key. Before that, the first thing to check is whether it can be supported and rise in the 20103.5-20570.1 section. Since it has been supported in the vicinity of 20103.5, you need to check if it is supported again this time. If it fails to break above the 20570.1-20683.0 range, it is expected that it will lead to further declines, so careful trading is required. ------------------------------------------------------------ ----------------------------------------------------- ** 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 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.) ---------------------------------
by readCrypto
BTC Struggles Around $21KBitcoin’s price is currently consolidating above the $20K level. The $17K-$20K range is likely to provide significant support, as it is the 2017 all-time high range, and it could initiate a rally in the short-term towards the $30K area.The price would have to break the $24K resistance level and the 50-day moving average before a potential retest of the $30K supply zone. On the other hand, if BTC fails to gain sufficient bullish momentum and the $20K area gets broken to the downside, another rapid drop towards the $15K mark and even beyond could be expected.
by Trader_Needs
1
#ETH/USDT 1HR CHART UPDATE !!Hello, community members welcome to another ETH/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 in the above, mentioned chart that ETH is currently trading on an upper trend line support, ETH needs to hold this level and recover its upside. A bounce from the current level will lead ETH towards the price level of $1250 and a break below will again lead towards its lower green support zone. Let’s see how ETH performs in the 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.
by Domino_Crypto
BTC/USDT 1HR 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 above, mentioned chat that BTC has entered the green support zone and moving downside towards the lower trend line support. This green zone or the lower trend line support will be the best entry zone to go long. But here all we need is a signal of strong reversal which will be the confirmation to go long with SL to save our funds if BTC moves other ways. Candle close below the lower trend line support will lead BTC towards its lower levels. It’s better to wait for the confirmation now. 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.
BITSTAMP:BTCUSD
by Domino_Crypto
2
Bitcoin (BTC) - June 28hello? 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 2nd support: 13137.51-15916.68 The key is to find support and move higher near 21475.52. If it falls below 19695.87 and finds resistance, it is likely to decline to the 13137.51-15916.68 section, so careful trading is required. The 19695.87-21475.52 section is the previous high, so it is expected to rebound if supported. This rebound is expected to be classified as an uptrend or a rebound depending on whether it breaks through the uptrend line. (1D chart) It is necessary to check whether there is a movement that deviates from the section 19695.87-22487.41. If it moves above 22487.41, you should check for resistance near the uptrend line. If it falls below 19695.87, you should check to see if it is heading towards 15916.68. I expect the Stochastic RSI line to move down from the overbought zone in the near future. As such, it depends on where the price is supported. If it finds support near 20573.89, I would expect it to move above 21475.02 in the near future. Careful trading is required as it temporarily touches the vicinity of 19695.87 and the possibility of a sharp rise cannot be ruled out. The next volatility period is around July 13th. The trades below are valid until they fall below 19695.87. (buying) - After confirming the support in the section 21475.02-22487.41 (Stop Loss) - When it falls below 19695.87 and receives resistance (Sell) - When resistance near an uptrend line - When resistance is received in the section 27033.35-29812.52 ------------------------------------------------------------ ----------------------------------------------------- ** 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 dominance Analyzehello friends. BTC Dominance is in an important zone. and its near 200 day MA and maybe we touch this MA at 42.7 and then pullback. if this section happen we could rally up to 45% and 47% that shows a massive correction for altcoins. if we lose this 200 day MA we could go down to 41.55% and then 40%. if this happen we will see massive rally from altcoins. but according to the market conditions i think we touch 200MA and then go up. so maybe we will see altcoin crash these days and altcoins will see their downside supports. thank you for reading my idea. please comment your opinion and teach me something new! (!!!NOTE!!! : my ideas are not trading or investing advice. so follow your own strategy and your own opinion.)
CRYPTOCAP:BTC.D
by TraderAmin-KZ
Bitcoin (BTC) - June 27hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDTPERP 1D Chart) It appears that the break above the 21481.1 point has failed. However, as it is the volatility period until June 27, if support is found above 20570.1, it is expected to attempt an upward breakout. The next volatility period is around July 16th. (1h chart) ** A short-term response is recommended as sharp movements are likely to occur on the 1h chart. Whether or not it can move higher than 21418.1 is the key. It is necessary to check whether it can be supported in the section 20570.1-21481.1. ------------------------------------------------------------ ----------------------------------------------------- ** 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
1
Bitcoin (BTC) - June 26hello? 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 2nc support: 13137.51-15916.68 The key is to find support and move higher near 21475.52. If it falls below 19695.87 and finds resistance, it is likely to decline to the 13137.51-15916.68 section, so careful trading is required. The 19695.87-21475.52 section is the previous high, so it is expected to rebound if supported. This rebound is expected to be classified as an uptrend or a rebound depending on whether it breaks through the uptrend line. (1D chart) It is necessary to check whether there is a movement that deviates from the section 19695.87-22487.41. If it moves above 22487.41, you should check for resistance near the uptrend line. If it falls below 19695.87, you should check to see if it is heading towards 15916.68. The next volatility period is around July 13th. The trades below are valid until they fall below 19695.87. (buying) - After confirming the support in the section 21475.02-22487.41 (Stop Loss) - When it falls below 19695.87 and receives resistance (Sell) - When resistance near an uptrend line - When resistance is received in the section 27033.35-29812.52 ------------------------------------------------------------ ----------------------------------------------------- ** 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
Bitcoin (BTC) - June 25hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDTPERP 1D Chart) There is a possibility of a consolidation based on the 21481.1 point. So, the key is whether it can move higher than 21481.1-22471.5. The next volatility period is around July 16th. (1h chart) ** A short-term response is recommended as sharp movements are likely to occur on the 1h chart. Whether or not it can move higher than 21418.1 is the key. Therefore, if it fails to rise above 21418.1, you need to check if it is supported in the 2013.5-20570.1 section. If support is found in the 21418.1-22471.5 section, the key is whether it can move above the uptrend line. ------------------------------------------------------------ ----------------------------------------------------- ** 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 1HR 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 in the above-mentioned chart that BTC broke above the inverse head and shoulder pattern well and bounced above. In the current scenario, BTC is following the lower trend line support well and moving upside. BTC needs to hold this trend line support and bounce above for the continuation of a green upcoming candles. Break below will drop down BTC again towards the lower green support zone. Let’s see how the upcoming hours go for BTC and will it be able to hold this level or not. 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.
BITSTAMP:BTCUSD
by Domino_Crypto