Bitcoin (BTC, including short term strategy) - December 28
Updated
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We need to see if we can get support at the 25579.5-26243.0 section and move up along the uptrend line.
If it falls at 25579.5, it is a short-term Stop Loss.
If it falls from the 24252.5 point, you need a Stop Loss to preserve profit or loss.
However, since you can gain support and climb in the 21800.0-24350.5 section, you need to think about how to proceed with Stop Loss.
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(BTC Dominance 1D Chart)
You should watch for any movement that deviates from the 69.80-75.13 segment.
You also need to see if you can drop below the 67.44 point.
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(USDT Dominance 1D Chart)
We'll see if we can get resistance at the 2.970 point and see if it can go down.
By falling below the 2.842 point, the altcoin price is expected to rise.
However, it is still unclear whether that price increase can continue.
The next volatility period is around January 1-10.
In particular, be aware of the volatility around January 1st (December 31st-January 2nd) and January 10th (January 9th-11th).
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Hence, the interpretation is the same as the conventional Stochastic RSI indicator. (K, D line -> R, S line)
** CCI-RC indicator is an indicator created by changing the set value from the existing CCI indicator. Therefore, the interpretation is the same as the existing CCI indicator.
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You should trade from a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME and BAKKT exchanges were closed because they are not trading 24 hours a day.
G1: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
We need to see if we can get support at the 25579.5-26243.0 section and move up along the uptrend line.
If it falls at 25579.5, it is a short-term Stop Loss.
If it falls from the 24252.5 point, you need a Stop Loss to preserve profit or loss.
However, since you can gain support and climb in the 21800.0-24350.5 section, you need to think about how to proceed with Stop Loss.
-----------------------------------------------
(BTC Dominance 1D Chart)
You should watch for any movement that deviates from the 69.80-75.13 segment.
You also need to see if you can drop below the 67.44 point.
-------------------------------------------------- -
(USDT Dominance 1D Chart)
We'll see if we can get resistance at the 2.970 point and see if it can go down.
By falling below the 2.842 point, the altcoin price is expected to rise.
However, it is still unclear whether that price increase can continue.
The next volatility period is around January 1-10.
In particular, be aware of the volatility around January 1st (December 31st-January 2nd) and January 10th (January 9th-11th).
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Hence, the interpretation is the same as the conventional Stochastic RSI indicator. (K, D line -> R, S line)
** CCI-RC indicator is an indicator created by changing the set value from the existing CCI indicator. Therefore, the interpretation is the same as the existing CCI indicator.
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You should trade from a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME and BAKKT exchanges were closed because they are not trading 24 hours a day.
G1: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Note
(XBTUSD 1h chart)-Short term strategy
A short-term strategy for the sideways and out-of-phase flows in the 25115.0-25613.5 section and the 27607.0-28105.5 section has been published.
(LONG)
1. Entry point: When exceeding the 25613.5 point
Target point: 1st 26610.5 or higher, 2nd 27607.0 or higher
Stop Loss: 25115.0 point
2. Entry point: When it exceeds 28105.5 point
Target point: 29601.0 point or higher
Stop Loss: 27607.0 point
(SHORT)
1. Entry point: When breaking below the 27607.0 point
Target point: 1st 26610.5 or less, 2nd 25613.5 or less
Stop Loss: 28105.5 point
2. Entry point: When breaking below 25115.0 point
Target point: less than 24252.5 point
Stop Loss: 25579.5 point
Note
(OKEX BTCUSDTPERP 1h chart)-Short term strategy
Short-term strategies have been published for the sideways and deviant flows in the 25073.5-25568.4 section and the 27548.0-28042.9 section.
(LONG)
1. Entry point: When breaking above 25568.4
Target point: 1st 26558.2 point or higher, 2nd 27548.0 point or higher
Stop Loss: 25154.9 point
2. Entry point: When exceeding 28042.9 point
Target point: 28792.5 points or more
Stop Loss: 27548.0 points
(SHORT)
1. Entry point: When breaking below the 27548.0 point
Target point: 1st 26558.2 or less, 2nd 25568.4 or less
Stop Loss: 28042.9 point
2. Entry point: When breaking down from 25073.5 point
Target point: 24548.7 point or less
Stop Loss: 25568.4 point
Note
(CME Bitcoin (BTC1!) 1D chart)It started with an increase in the gap (23685.0-26650.0).
We must see if we can climb above the 27465.0 point.
If it falls, we need to see if we can get support at the 24965.0-25590.0 range and move up along the uptrend line.
If it falls from the 24965.0 point, a Stop Loss is required to preserve profit and loss.
By the way, you can touch the uptrend line and go up, so you need to trade carefully.
Note
(BAKKT Bitcoin (BTM1!) 1D chart)It started with an increase in the gap (23580.0-27125.0).
We have to see if we can ascend above 28017.5 points.
If it falls, it remains to be seen if it can gain support at the 25405.0-26058.0 range and climb along the uptrend line.
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