Bitcoin (BTC) - July 20
Updated
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(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.)
---------------------------------
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.)
---------------------------------
Note
(ETHUSDT 1D Chart)As the RSI and Stoch RSI indicators are in the overbought zone, a short-term decline, i.e. a pull back pattern, is highly likely.
Therefore, the point of purchase is
- Supported at point 1475.0
- It depends on whether you break above the 1611.62 point.
If you buy now with the current position floating in the air, you will feel a psychological burden.
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