Bitcoin (BTC) - May 26 (1st volatility period after new start-1)
Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(XBTUSD 1W chart)
It remains to be seen if it can rise above the 45211.0 point by ascending along the uptrend line (2).
The 33101.0 point is a strong support point.
If it falls, you need to make sure you get support at 27650.0-33101.0.
(1D chart)
We need to see if it moves sideways in the 32986.0-40600.0 section.
In particular, it remains to be seen if it can rise along the uptrend line (2).
If it falls, you need to make sure you get support in the 30448.0-32986.0 range.
In order to turn to an uptrend, it must be supported by rising at least 45211.0 points.
The next volatility period is around June 1.
(1h chart)
Check the movement before and after the time indicated on the chart.
We need to see if we can get support from the 37784.5-39948.0 section and climb above the 40600.0 point.
In particular, it remains to be seen if it can rise along the upward trend line (3).
If it falls, you need to make sure you get support at the previous point, 35784.5.
You can touch and climb the current low of 32734.0, so you need to trade carefully.
It is important to deviate from the short-term downtrend line (c).
Accordingly, it is important to get support in the 37784.5-39948.0 section.
Although the 42084.0 point is the primary resistance point, I think the largest resistance section at the current position is the 45211.0-47265.5 section.
So, we think it's likely to touch the 45211.0-47265.5 interval and drop, so you need to think about reacting to it.
----------------------------------------------
(BTCUSDT 1W chart)
We must see if it can rise above the 45135.66 point by ascending along the uptrend line (2).
The 28923.63 point is a strong support point.
So, if it falls, we need to see if it gets support in the 28923.63-32259.90 range.
(1D chart)
We need to see if we can move sideways on the 32974.79-40586.96 section.
In particular, it remains to be seen if it can rise along the uptrend line (2).
We have to see if we can get support and ascend at 38150.02.
If it falls, you need to make sure you get support in the 30427.40-32974.79 range.
In order to turn into an uptrend, it must be supported by rising at least 45135.66 points.
The next volatility period is around June 1.
In the big frame, it is the section 32947.79-48199.13, which is a sideways section.
Accordingly, I think the downtrend is still going on before it rises above the 48199.13-50736.52 section.
(BTCUSDTPERP 1h chart)
(UTC)
Check the movement before and after the time indicated on the chart.
------------------------------------
(BTCKRW 1W chart)
We need to see if it can rise along the uptrend line (2).
(1D chart)
We need to see if we can move sideways in the 38483000-47268000 section.
In particular, it remains to be seen if it can rise along the uptrend line (2).
If it goes above the 47954000 point, we have to see if it can move sideways in the 47954000-56052000 section.
If it falls, you need to make sure you get support in the 35555000-38483000 range.
In order to turn to an uptrend, it must be supported by rising at least 56052000 points.
(Upbit BTCKRW 1D chart)
----------------------------------------
(BTC Dominance (BTC.D) 1W chart)
You should watch for any movement that deviates from 43.17-48.81.
(1D chart)
You should watch for any movement that deviates from the 43.75-47.64 segment.
If BTC dominance is below 50, altcoins' prices are expected to show rapid resilience.
Accordingly, we need to look at the movement of major coins.
On the BTC Dominance chart, the next volatility period is around June 6.
--------------------------------------------------
(USDT Dominance (USDT.D) 1W chart)
Touched near point 5.003, which was previously marked as a strange sign.
It remains to be seen if it can fall below the important section of 3.374-4.158.
(1D chart)
In order to continue the upward trend of the coin market, we need to see if it can fall below the 3.374 point.
If you go up along the short-term uptrend line, you need to touch the 3.374-3.460 section due to volatility around May 27 (May 26-28) and see if it falls.
----------------------------
(USDT 1D chart)
I think that the gap rise is a sign of funding into the coin market.
Conversely, I think that the gap fall is a sign of the draining of funds from the coin market.
It remains to be seen if the continuing gap increases can continue in the future.
If there is a continuous gap fall, it means that funds will be drained from the coin market, so careful trading is necessary.
--------------------------------------
It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit.
-------------------------------------------------- -------------------------------------------
** 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 the sake of 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.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** 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 transactions. It is 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 do not trade 24 hours a day.
G1: Closing price when closed
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(XBTUSD 1W chart)
It remains to be seen if it can rise above the 45211.0 point by ascending along the uptrend line (2).
The 33101.0 point is a strong support point.
If it falls, you need to make sure you get support at 27650.0-33101.0.
(1D chart)
We need to see if it moves sideways in the 32986.0-40600.0 section.
In particular, it remains to be seen if it can rise along the uptrend line (2).
If it falls, you need to make sure you get support in the 30448.0-32986.0 range.
In order to turn to an uptrend, it must be supported by rising at least 45211.0 points.
The next volatility period is around June 1.
(1h chart)
Check the movement before and after the time indicated on the chart.
We need to see if we can get support from the 37784.5-39948.0 section and climb above the 40600.0 point.
In particular, it remains to be seen if it can rise along the upward trend line (3).
If it falls, you need to make sure you get support at the previous point, 35784.5.
You can touch and climb the current low of 32734.0, so you need to trade carefully.
It is important to deviate from the short-term downtrend line (c).
Accordingly, it is important to get support in the 37784.5-39948.0 section.
Although the 42084.0 point is the primary resistance point, I think the largest resistance section at the current position is the 45211.0-47265.5 section.
So, we think it's likely to touch the 45211.0-47265.5 interval and drop, so you need to think about reacting to it.
----------------------------------------------
(BTCUSDT 1W chart)
We must see if it can rise above the 45135.66 point by ascending along the uptrend line (2).
The 28923.63 point is a strong support point.
So, if it falls, we need to see if it gets support in the 28923.63-32259.90 range.
(1D chart)
We need to see if we can move sideways on the 32974.79-40586.96 section.
In particular, it remains to be seen if it can rise along the uptrend line (2).
We have to see if we can get support and ascend at 38150.02.
If it falls, you need to make sure you get support in the 30427.40-32974.79 range.
In order to turn into an uptrend, it must be supported by rising at least 45135.66 points.
The next volatility period is around June 1.
In the big frame, it is the section 32947.79-48199.13, which is a sideways section.
Accordingly, I think the downtrend is still going on before it rises above the 48199.13-50736.52 section.
(BTCUSDTPERP 1h chart)
(UTC)
Check the movement before and after the time indicated on the chart.
------------------------------------
(BTCKRW 1W chart)
We need to see if it can rise along the uptrend line (2).
(1D chart)
We need to see if we can move sideways in the 38483000-47268000 section.
In particular, it remains to be seen if it can rise along the uptrend line (2).
If it goes above the 47954000 point, we have to see if it can move sideways in the 47954000-56052000 section.
If it falls, you need to make sure you get support in the 35555000-38483000 range.
In order to turn to an uptrend, it must be supported by rising at least 56052000 points.
(Upbit BTCKRW 1D chart)
----------------------------------------
(BTC Dominance (BTC.D) 1W chart)
You should watch for any movement that deviates from 43.17-48.81.
(1D chart)
You should watch for any movement that deviates from the 43.75-47.64 segment.
If BTC dominance is below 50, altcoins' prices are expected to show rapid resilience.
Accordingly, we need to look at the movement of major coins.
On the BTC Dominance chart, the next volatility period is around June 6.
--------------------------------------------------
(USDT Dominance (USDT.D) 1W chart)
Touched near point 5.003, which was previously marked as a strange sign.
It remains to be seen if it can fall below the important section of 3.374-4.158.
(1D chart)
In order to continue the upward trend of the coin market, we need to see if it can fall below the 3.374 point.
If you go up along the short-term uptrend line, you need to touch the 3.374-3.460 section due to volatility around May 27 (May 26-28) and see if it falls.
----------------------------
(USDT 1D chart)
I think that the gap rise is a sign of funding into the coin market.
Conversely, I think that the gap fall is a sign of the draining of funds from the coin market.
It remains to be seen if the continuing gap increases can continue in the future.
If there is a continuous gap fall, it means that funds will be drained from the coin market, so careful trading is necessary.
--------------------------------------
It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit.
-------------------------------------------------- -------------------------------------------
** 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 the sake of 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.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** 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 transactions. It is 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 do not trade 24 hours a day.
G1: Closing price when closed
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Other content (coins, stocks, etc.) is frequently posted on X.
X에 다른 내용(코인, 주식 등)이 자주 게시됩니다.
X에 다른 내용(코인, 주식 등)이 자주 게시됩니다.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.