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Bitcoin (BTC) - August 4Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDT 1D Chart) If the price holds above 22753.10, it is expected to maintain an uptrend. Primary resistance: around 25K Secondary resistance: 27K-29K The key is whether it can rise above 23266.90 to find support. 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. This is because it will not turn into an uptrend and will likely form a continuous downtrend. (1h chart) ** On the 1h chart, a sharp move is likely to occur, so a short-term response is recommended. Primary resistance: 23776.85-23901.72 Secondary resistance: 24467.77 Support: 22579.68-22753.10 The key is whether we can find support near 23175.25 and move above 23414.04. If not, there is a possibility that it will fall to the 22579.68-22753.10 section. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (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.) ---------------------------------
by readCrypto
3
Bitcoin (BTC) - August 3Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDTPERP 1D Chart) The 22751.0 area is an important section that needs support to continue the uptrend. If a decline from 22751.0 finds resistance, it is expected to lead to further declines. If it finds support and moves up near 22751.0, I would expect it to move towards 25459.8. The 27054.1-29840.6 interval is the interval that determines the trend. Therefore, if it falls without being supported in the 27054.1-29840.6 section, it is highly likely that the downtrend will continue, so Stop Loss is required to preserve profit and loss. Stop Loss does not mean 100% liquidation. This is a necessary measure to relieve psychological anxiety to some extent when the price has fallen, and to gain the strength to see the situation and buy when the price has stopped falling. The big trend is maintaining an upward trend. However, if it falls below 22751.0, it will fall below the MS-Signal indicator. If the MS-Signal indicator turns into a downtrend indicator, it should be considered that the big trend has also turned into a downtrend. (For reference, sections A and B passed the MS-Signal indicator, but the color of the MS-Signal indicator did not change.) Therefore, when deciding on a position, you need to select in advance how much trend you want to follow. This also has to do with the leverage ratio you choose. If you want to see the trend on the 1D chart and select a position, you need to set the leverage to x10 or less to get the strength to hold out. When using high leverage, it's a good idea to look at the 1D chart whether it's a bearish candle or a bullish candle and choose based on the shape of the candlestick. A quicker response is required when choosing a position in the opposite direction of the trend. ( 1h chart) ** On the 1h chart, a sharp move is likely to occur, so a short-term response is recommended. The key is whether the price can be maintained above 22751.0. - If the HA-High indicator creates a long horizontal line, it is more likely to decline, - When the HA-Low indicator creates a long horizontal line, it is more likely to rise. - Section A is a pattern that appears when the HA-Low indicator rises and receives resistance and shows a downtrend. - Contrary to section A, if the HA-High indicator shows a downward trend, it is more likely to show an upward trend. The HA-High index has declined, and if the price is maintained above that, it is expected to rise to the 23437.6-23772.9 section. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (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) - August 2Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDT 1M Chart) The key is whether you can sustain the price above 21475.02. Based on the 21475.02 point, it is expected to have a fluctuation range of -25% to 25% whether it is falling or rising. Therefore, it is necessary to proceed with the investment with this fluctuation in mind. I think that what you can do in this range of fluctuations depends on how much you increase the number of coins (tokens) you want to invest in. Looking at the chart as a whole, you can see that it moved higher near the previous high. Therefore, it has fallen to a level that can be said to be the bottom section. However, in this downturn, most individual investors will be reluctant to invest. For that reason, I think that the coin market should show an upward trend to some extent. I think the location is above the 29.812.52 point. A rise above 29K is expected for individual investors to move slowly. Those who mainly trade short-term will aim for altcoin circulation pumping in these market conditions. You will also prefer to invest in the futures market over investing in the spot market. However, in order to get a big profit, you need to increase the number of coins (tokens) in this market. However, if you use all your cash to buy, you will sell out when you are trying to rise under the psychological pressure. So, you need to think about how to increase the number of coins (tokens). One way to do this is to buy when the price is falling and showing support. And, when it rises above the purchased unit price, you need to increase the number of coins (tokens) by selling as much as the purchase principal (+transaction fee X 2 or more). In this case, some cash income and the number of coins (tokens) remain in the transaction fee part. You may think that the number of remaining coins (tokens) is too small, but the difference is large depending on your short-term trading ability. If you are unfamiliar with these methods, i.e., if you are not familiar with short-term trading, we recommend that you start when the BTC price drops below 21475.02. The reason is that it is a floor section that does not require Stop Loss. You never know how long you'll be using this method, so be sure to set aside some cash in installments. When you run out of cash, you'll be terrified from then on. (1W chart) As the HA-Low indicator declines, it is shorter than the horizontal length of the HA-High indicator. In order to turn into an uptrend, the horizontal line of the HA-Low indicator must be longer than the horizontal line of the HA-High indicator. To do that, you have to shake it up and down to make the HA-High indicator fall. In order to swing up and down, it must either rise higher or fall further than it is now. However, if you look at the current flow, it has fallen a lot, so I think it is more realistic to give a more upward trend than it is now. Therefore, it is expected that it will rise to the vicinity of the 27033.35-29812.52 section. Then, the decline is expected to create a stereotypical 'W' pattern. In any case, the full-fledged uptrend is expected to begin when the price is maintained above 29K. (1D chart) If the price holds above 22753.10, it is expected to maintain an uptrend. Primary resistance: around 25K Secondary resistance: 27K-29K Section A and the current location are different. Therefore, it is expected to show a shorter decline than the decline after section A. Therefore, it is likely to find support above 22753.10 and above 60 SMA. 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. This is because it will not turn into an uptrend and will likely form a continuous downtrend. ------------------------------------------------------------ ----------------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (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.) ---------------------------------
by readCrypto
1
Bitcoin (BTC) - August 1Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDTPERP 1D Chart) After breaking above the 60 SMA level, support has not yet been confirmed. So, you need to make sure it keeps the price above 22751.0. In the Long/Short-S indicator, the oversold and overbought sections of the RSI are expressed as a background color. In the CCI-C indicator, when the short-term CCI line is below -100 and above +100, oversold and overbought sections are expressed as background colors. There are differences in the trading method depending on the investment period. Therefore, it is recommended to select an investment period first and start trading before starting trading. It can be very unfavorable to look at a 1D chart and trade for same day trading. Therefore, in order to trade on the same day, it is recommended to trade by looking at the minute chart or hour chart. Determining the investment period first, starting a trade, and then changing the investment period according to the fluctuation of the price can be one of the factors that makes the trade unsuccessful. For example, trying to sail farther than your destination with a tank of oil to sail to your destination is the same as having to settle at your destination because you can drift in the open sea. In order to change the investment period during profit or loss, it is necessary to respond accordingly. In order to hold a position for a longer period of time, a split liquidation should relieve the psychological pressure of price volatility. ( 1h chart) ** On the 1h chart, a sharp move is likely to occur, so a short-term response is recommended. You need to make sure it is supported in the section 23437.6-23772.9. If unsupported, I would expect a move towards the 22751.0 area. - If the HA-High indicator creates a long horizontal line, it is more likely to decline, - When the HA-Low indicator creates a long horizontal line, it is more likely to rise. ------------------------------------------------------------ ------------------------------------------- ** 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.) ---------------------------------
by readCrypto
Bitcoin (BTC) - July 31Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDT 1D Chart) If the price holds above 22753.10, it is expected to maintain an uptrend. Primary resistance: around 25K Secondary resistance: 27K-29K Section A and the current location are different. Therefore, it is expected to show a shorter decline than the decline after section A. Therefore, it is likely to find support above 22753.10 and above 60 SMA. 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. This is because it will not turn into an uptrend and will likely form a continuous downtrend. For a full-fledged uptrend to continue, it needs to rise above 29812.52. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (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.) ---------------------------------
by readCrypto
Bitcoin (BTC) - July 30Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDTPERP 1D Chart) After breaking above the 60 SMA line, there has been no confirmation of support yet. So, you need to make sure you keep the price above 22751.0. To determine a position, you must first check whether the 1D chart is up or down. Otherwise, there is a possibility that the entry will be in the opposite direction. - In order to enter the 'Long' position, it is advantageous to enter when it is oversold, - To enter the 'Short' position, it is advantageous to enter the overbought period. In the Long/Short-S indicator, the oversold and overbought sections of the RSI are expressed as a background color. In the CCI-C indicator, when the short-term CCI line is below -100 and above +100, oversold and overbought sections are expressed as background colors. ( 1h chart) ** On the 1h chart, a sharp move is likely to occur, so a short-term response is recommended. You need to make sure it is supported in the section 23437.6-23772.9. - If the HA-High indicator creates a long horizontal line, it is more likely to decline, - If the HA-Low indicator creates a long horizontal line, it is more likely to rise. Therefore, the current state is more likely to rise. However, it is expected that it will lead to further upside only when support is confirmed above 23955.5. Otherwise, we expect volatility to occur when the 60 SMA line rises and crosses. ------------------------------------------------------------ ------------------------------------------- ** 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.) ---------------------------------
by readCrypto
Bitcoin (BTC) - July 29Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDT 1D Chart) If the price holds above 22753.10, it is expected to maintain an uptrend. Primary resistance: around 25K Secondary resistance: 27K-29K 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. This is because it will not turn into an uptrend and will likely form a continuous downtrend. For a full-fledged uptrend to continue, it needs to rise above 29812.52. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (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.) ---------------------------------
by readCrypto
Bitcoin (BTC) - July 28Hello? 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 1st support: 21481.1-22471.5 Second support: 19930.6-20564.2 The key is whether it can be supported in the 21481.1-22471.5 section and rise to the first resistance section. 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. The key is whether it can find support near 22471.5 and move higher than 23722.8. If it goes down, you should see support near the 21481.1-21826.1 zone. If it falls below 21481.1 this time, there is a possibility that it will fall below 20564.2. ------------------------------- ** Waves seen as HA-Low, HA-High, MS-Signal indicators ** Wave theory is only known after it has passed, so how you react is the key. Therefore, it is recommended that wave theory be used only to confirm the continuity of a trend. Regardless of any indicator or any theory, the most important thing is what kind of trading strategy you use to respond to price changes. A trading strategy can only be executed if you create it yourself. This is because trading strategies created by others may not be executed properly due to price volatility and may even hinder 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 index was re-created by applying a formula to the DepthHouse Trading index, an index disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
Bitcoin (BTC) - July 27hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDT 1D Chart) Primary Resistance: 23733.48-25389.99 Secondary resistance: 27033.35-29812.52 The July 24-26 volatility led to a move outside the 21475.02-23733.48 zone. Therefore, the key is whether it can find support near 20573.89 and move above 21475.02. If it goes down from 20573.89, you should check to see if it finds support in the 18719.11-199695.87 zone. - When the Stoch RSI indicator is out of the oversold zone, you need to check where support and resistance are found. For that to happen, it's important to be able to get support at 20573.89. To sustain the uptrend, the price needs to rise above 21838.98 to hold the price. The next volatility period is around August 10th. ------------------------------------------ (US 100 CFD (Nasdaq) 1D Futures Chart) You need to make sure you can get support in the 12212.6-12932.3 section, which is an important support and resistance section. If resistance is found at 12212.6, it is likely to move below 11728.0. It needs to move above 12374.1 to sustain the uptrend. ------------------------------------------------------------ (BTC Dominance (BTC.D) 1D Chart) A decline in BTC dominance is likely to lead to an uptrend in altcoins. However, this is when the BTC price rises or goes sideways. It can be seen that BTC is not leading the market because the price of BTC is currently falling or showing a sideways trend. Under these market conditions, the decline in BTC dominance is likely to cause large volatility. Considering the current position of the CCI-C indicator, I think that volatility is highly likely to occur when it falls to the 41.51-42.01 section. ------------------------------------------------------------ ------------------------------------------- ** 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.) ---------------------------------
by readCrypto
4
Bitcoin (BTC) - July 26Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDTPERP 1W Chart) RSI Indicator: Oversold Zone Stoch RSI Indicator: Overbought Zone Therefore, it is expected to show mixed results. It is necessary to determine where support and resistance are received. (1D chart) Primary Resistance: Rising Channel (23722.8-25373.3) Secondary resistance: 27054.1-29840.6 1st support: 21481.1-22471.5 Second support: 19930.6-20564.2 The key is whether it can be supported in the 21481.1-22471.5 section and rise to the first resistance section. 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 rise, so be prepared for this. At this time, if it fails to move above 22471.5, it is likely to lead to further declines. ------------------------------------------------------------ ------------------------------------------- ** 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.) ---------------------------------
by readCrypto
Bitcoin (BTC) - July 25Hello? 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 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.) ---------------------------------
by readCrypto
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.) ---------------------------------
by readCrypto
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.) ---------------------------------
by readCrypto
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.) ---------------------------------
by readCrypto
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.) ---------------------------------
by readCrypto
2
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.) ---------------------------------
by readCrypto
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.) ---------------------------------
by readCrypto
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.) ---------------------------------
by readCrypto
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.) ---------------------------------
by readCrypto
1
Bitcoin (BTC) - July 15Hello? 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. (1h chart) ** On the 1h chart, a sharp move is likely to occur, so a short-term response is recommended. An important key is whether it can be supported by rising above the 20570.1-20643.3 section. The RSI indicator is in the overbought zone and the Stochastic RSI indicator is in the oversold zone. Volatility is likely as the CCI line is rising above the EMA line and the CCI line is crossing the zero point. Therefore, mixed prices are expected. After breaking above the upper line of the Bollinger Bands (60), it is showing a movement to enter the upper line again, so it is highly likely to rise after making a pull back pattern. ------------------------------------------------------------ ----------------------------------------------------- ** 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.) ---------------------------------
by readCrypto
2
Currently, the coin market is experiencing liquidity problems.hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (UTC) When the BTC price is leading the uptrend, the coin market is likely to turn to an uptrend. I don't think it's taking the lead in the current BTC movement. for that reason - BTC Dominance Decline - Rising USDT Dominance Because it shows the flow of The decline in BTC dominance should be seen as expressing the ups and downs of altcoins rather than the ups and downs of BTC prices. Therefore, it should be seen that the current distribution of funds in the coin market is heading towards altcoins. A rise in USDT dominance means that you are increasing your cash holdings rather than trading in the coin market. Therefore, it should be seen that transaction liquidity is decreasing. However, since USDT and USDC are showing an overall upward trend, USDT Dominance and USDC Dominance have no choice but to show an upward trend. It is judged that the upward trend is continuing as it is flowing funds into the coin market through USDT and USDC. The USDT chart has been trending downwards lately. It fell below 68.468B, further exacerbating the downtrend. This downtrend means that funds are flowing out of the coin market. However, it can be seen that some funds are flowing into the coin market due to the slight increase in USDC. In order for the coin market to turn upside down again, I believe that the funds outflow from the coin market must first flow in. As such, I believe USDT should rise above 68.468B and continue to see an influx of funds along the uptrend line. We believe that it is unlikely that the coin market will turn to an uptrend without an inflow of funds first. The coin market is now associated with other investment markets. Therefore, they are directly or indirectly affected. However, it should not be judged that it is entirely influenced by the indices of external investment markets. Currently, the coin market is experiencing a lack of liquidity. I think this is a phenomenon that occurs as the coin market is on a downtrend, but I don't think that's all. The coin market is slowly trying to connect with the real economy. As such, themes such as DeFi, NFT, and P2E are being formed. These themes will lead to attribution of funds. In other words, the number of systems that can receive interest by holding coins (tokens) of these themes is increasing. More of these themes will be formed in the future. As with many themes that are taking shape in the current stock market... We will solve the severe liquidity problem caused by stagnant funds in this down market, and until it is resolved, you must establish your own trading standards to survive in the market. It is judged that the possibility that the coin market will be attributed to the existing stock market is accelerating. Many institutional investors are launching new investment products, and these investment products will serve as a bridge between the coin market and the stock market. ------------------------------------------------------------ ----------------------------------------------------- ** 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.) ---------------------------------
by readCrypto
1
Bitcoin (BTC) - July 14Hello? Traders, welcome. 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). The Stochastic RSI has been rising over the past two weeks. As such, the key is whether we can enter the overbought zone in a few weeks. If it enters the overbought zone, it is highly likely that the RSI indicator will break out of the overbought zone soon. To support this move, the CCI line should show an uptrend. (Currently, the CCI-C indicator has its set value changed to observe the mid- to long-term flow.) (1D chart) It is necessary to check whether there is a 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. To predict the flow of investment markets, we want a lot of information. You will see all kinds of articles and various broadcasts that satisfy this. However, these articles or broadcasts cannot provide the necessary information for trading. This is because prices usually move first. Therefore, first of all, the ability to interpret the flow of the chart is required. If you fail to interpret the flow of the chart, there is a possibility that you will trade in the opposite direction of the market flow because of the price moved ahead of time. In an investment market where there are charts showing the movement of prices, it is important to check the movement of the chart in advance. When checking the movement of the chart, you should look at the 1M > 1W > 1D chart in the following order. Otherwise, if you only look at hourly or minute charts and trade, you may miss the big flow. Depending on your investment style, even traders who mainly trade short-term or same-day trading should check the movement of the 1D chart. It is not recommended to read the news first before looking at the charts, as various articles or broadcasts that are published in the media are likely to give subjective judgment on the transaction you are going to proceed with. Economic indicators announced by investment experts, investment companies, fund managers, critics (broadcasters), etc. are published for their own benefit. The advantage should not be forgotten. When trading in the coin market or stock market, if one's subjective thoughts begin to intervene, and if the judging criteria continue to change due to price volatility, the trade is likely to fail. ------------------------------------------------------------ ----------------------------------------------------- ** 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.) ---------------------------------
by readCrypto
1