Bitcoin-significant volatility period (around December 11-18)-6Good morning?
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.
-------------------------------------------------- -----
You must watch for any movement that deviates from the 18751.0-19287.5 segment.
If it falls from 18751.0, it is a short-term Stop Loss.
From the volume indicator, the volume is declining.
In this trend, prices are rebounding.
For this rebound to lead to an uptrend, volume must increase as prices rise.
So, if you gain support by rising above 19287.5 points, you should check if the volume is increasing.
In section A, you can see that the trading volume increased a lot when the price increased.
Considering the big picture, the current flow can be said to be in the sideways between 17422.0-20093.0
It can be interpreted that segment B is undergoing price adjustments in these boxed segments.
From the wRSI_SR indicator, it can be said that the short-term bullish divergence was completed by touching more than 29287.5 points.
If we gain more than 19287.5 points to gain support and continue this trend until around December 18th, we expect to overcome the short-term downtrend and attempt to break above 20093.0 with further gains.
In the Stochastic RSI indicator (wRSI_SR indicator), which is used by combining the RSI indicator and the stochastic indicator, there is a difference between the overbought and oversold periods referred to in the RSI indicator.
Because it is influenced by stochastic indicators, it is supposed to keep making waves for short-term response.
In conclusion, the possible future trend in the wRSI_SR indicator is a short-term decline.
If this trend is tolerated near the 19287.5 point, it is expected that 20K units will be able to enter.
At this time, the increase in trading volume must be followed.
It is expected whether it will be possible to enter the 20K range that can create a new wave.
---------------------------------------------
(BTC Dominance 1D Chart)
It remains to be seen if volatility around December 15 will find resistance at the uptrend line (5) and the downtrend line (3) and fall.
If it rises above 64.86 points, it is expected that altcoins will fall again.
I think that in order for altcoin price to rise, it must fall below 63.38 point.
---------------------------------------------
(USDT Dominance 1D Chart)
The volatility around December 15 puts resistance at the 3.596 point, and it remains to be seen if it can move below the downtrend line (2).
You should also check if you can drop below the 3.285 point.
-------------------------------------------------- -------------------------------------------
** 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.
** 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 do not trade 24 hours a day.
G1: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Bitcoin Futures
Bitcoin-significant volatility period (around December 11-18)-5Hello?
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.
-------------------------------------------------- -----
The volatility around December 14th (December 13th-15th) should be watched to see if any movement deviates from the 18751.0-19287.5 range.
If you get support above the 19287.5 point, you should see if there is an attempt to break above the 20093.0 point with an increase in trading volume.
If you get support at the 20093.0 point, we expect to climb to the 22261.5-22925.0 range and decide the next direction.
The significant volatility period is around December 11th-18th, so you need to trade carefully until December 19th.
If it falls from 18751.0, it is a short-term Stop Loss.
We have to see if we can ascend with the flow drawn on the 3 secondary indicators.
We have to see if we can go up along the uptrend line (2).
If you move away from the uptrend line (2), it will eventually fall.
------------------------------------------------
(BTC Dominance 1D Chart)
It remains to be seen if the volatility around December 15th (December 14th-16th) leads to a movement that deviates from 63.38-64.86.
If BTC dominance gets resistance at the uptrend line (5), there is a possibility of further decline.
Now that you've touched the downtrend line (3), you need to see if you can get resistance and move down at the downtrend line (3).
-------------------------------------------------- -
(USDT Dominance 1D Chart)
It is showing support at the point of 3.596 and the downtrend line (2).
It remains to be seen if it can move below the 3.596 point and the downtrend line (2).
With volatility around December 15th (December 14-16), we have to see if there is a movement that touches the 3.285 and 4.165 points.
If USDT dominance is below the downtrend line (1), there is a possibility of further declines.
However, if it is located above the 3.760 point, I think there is a possibility that the overall coin market will enter a downward trend.
So, you need to see if you are getting resistance at the downtrend line (1) and falling.
-------------------------------------------------- -------------------------------------------
** 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.
** 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: closing price when closed
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Bitcoin-significant volatility period (around December 11-18)-4Good morning?
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 make sure we can get support at point 18751.0.
It remains to be seen if the volatility around December 14 causes any movement outside the 18751.0-19287.5 range.
You also need to see if you can climb along the uptrend line (2).
I think it shows a willingness to go up as it quickly deviates from the basic short-term downtrend line (6).
This trend is expected to remain obscured by the increase in volume generated when the 19287.5 point is crossed.
(Unlike the general spot chart, the volume of the XBTUSD chart is a contract, so its meaning is a little different, but it generally shows a similar flow, so I am referring to the general spot chart.
It remains to be seen whether the spot market will lead to an upward breakthrough of the 20K range.
I think this will depend on whether it can rise above the 19287.5 point as it rises along the uptrend line (2) after around December 18th.
Following the flow, it is necessary to ensure that the price is maintained above the 20093.0 point due to volatility around December 24-27.
If you climb above the 19287.5 point, the 18751.0 point is the short-term stop loss point.
I think the volatility period around December 11th-18th is an important period in determining the future trend.
Therefore, I think it is good to stop trading for a while and check the flow.
During periods of volatility, you need to be wary of double losses, as fakes can occur more often than otherwise.
(1W chart)
I think that the important thing to look at in the 1W chart is the OBV index according to the position of the high and low points of the price and the increase or decrease in volume.
In general, you can see that the highs and lows are steadily rising.
The candle's movement, ending this week, is expected to end with a slight deviation from previous trends.
Therefore, it seems important to be able to climb along the uptrend line (2) shown on the 1W chart.
The wRSI_SR indicator shows a downward trend in the overbought period, and the CCI-RC indicator maintains an upward trend.
--------------------------------------------
(BTC Dominance 1D Chart)
We need to see if we can get resistance and decline at the uptrend line (5) and downtrend line (3).
If BTC dominance continues to rise, I think the price of altcoins is likely to decline.
-------------------------------------------
(USDT Dominance 1D Chart)
It remains to be seen if it can drop below the 3.596 point.
If it doesn't deviate from the downtrend line (1), I think it's likely to fall.
-------------------------------------------------- -------------------------------------------
** 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)
Bitcoin-significant volatility period (around December 11-18)-3Hello?
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 have to see if we can quickly climb above the 18195.0 point.
During the critical volatility period, around December 11-18, we need to watch for movements that deviate from the 17422.0-18751.0 range.
You need to see if you can climb along the uptrend line (2).
You should also check if you can get support at 18195.0.
If it falls at 17422.0, you need a Stop Loss to preserve profit or loss.
However, since 15979.0 is the point that we consider to be a downtrend turning point, careful trading is necessary.
If you buy again because the price increases after the Stop Loss has occurred, there is no meaning of Stop Loss.
These trades add more psychological pressure, which can lead to bad trades.
What must be done to prevent this is split trading.
In addition, there must be some extra funds on hand.
During periods of volatility, I think it is a good idea to stop trading for a while and check the market flow.
This is because double losses due to fakes can be avoided.
If you set a minimum Stop Loss point of your own coins, the ratio of Stop Loss and the number of divisions, etc., and some set a reservation order, I think that you can cope well without panic when a sudden movement occurs.
-------------------------------------------
(BTC Dominance 1D Chart)
We have to see if we can get below the 63.38 point.
If I get resistance at the uptrend line (5), I think there is a chance it will fall below the 63.38 point.
----------------------------------------------
(USDT Dominance 1D Chart)
We need to see if we can get resistance and fall at the uptrend line (1) or at 3.760.
-------------------------------------------------- -------------------------------------------
** 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 do not trade 24 hours a day.
G1: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Bitcoin-significant volatility period (around December 11-18)-2Hello?
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.
-------------------------------------------------- -----
It remains to be seen if the volatility around December 11th-18th will cause any movement outside the 17422.0-19287.5 range.
You need to see if there is a sharp rise as you climb along the uptrend line (2) and then break above the downtrend line (6).
If you are supported at 18195.0, this is a new entry point.
However, since the current price is at the peak, short-term response is necessary.
Accordingly, if it falls at 17422.0 point, a Stop Loss is necessary to preserve profit and loss.
During the volatility period around December 11-18, strong volatility may occur between December 10-12 and December 17-19.
I think it is good to stop trading for a while and check the flow of the coin market during the volatility period.
You need to organize your thoughts on the necessary stop loss points and think about ways to preserve the profit and loss of coins.
-------------------------------------------
(BTC Dominance 1D Chart)
You should watch for any movements that deviate between the 63.38-rising trend line (5).
If you touch the downtrend line (3) or 64.86 points, the price of altcoins is expected to fall further.
If it falls below 63.38 or below the downtrend line (4), altcoins' prices are expected to start rising.
--------------------------------------------
(USDT Dominance 1D Chart)
We need to see if we can get resistance at the downtrend line (1) and move down.
We have to see if we can get below the 3.285 point.
-------------------------------------------------- -------------------------------------------
** 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)
Bitcoin - significant volatility period (around December 11-18)Hello?
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.
-------------------------------------------------- -----
It is rising while touching the uptrend line (2) and between 17422.0-18280.5.
It remains to be seen if it can rise above the 18751.0 point, ascending along the uptrend line (2) around December 11-14.
If it declines at 17422.0, a Stop Loss is required to preserve profit and loss.
However, in order to turn to a downtrend, we believe that it must fall below the 15979.0 point, so careful trading is necessary.
If it falls from the uptrend line (1), it is showing support at the uptrend line (2).
If so, if you go down at the uptrend line (2), you're expected to get support at the uptrend line (3) below it.
If what I said would rise above the 2009 3.0 point is not correct, I expect to touch the uptrend line (3) and 15979.0 point around December 27th.
I think the upcoming movement around December 11th-18th is important. (Section B)
-----------------------------------------------
(BTC Dominance 1D Chart)
The downtrend lines (1) and (4) are downtrend lines that have been around since a long time ago.
So, the reliability can drop that much.
However, the downtrend lines (1) and (4) are trend lines that started at the same point and ended in a recent wave movement.
After rising from the 56.74-58.02, which was thought to be important, there is movement in the 63.38-67.44 section.
(1M Chart: )
It is hard to see because of the cluttered lines, but you can see that the section is located about the middle of the overall chart.
Therefore, I think that 63.38-67.44 is at the boundary between bullish and bearish.
In addition, we believe that the bullish market, where all coins rise, should fall to 56.74-58.02 or below.
We'll see if we can get resistance at the uptrend line (5) and move down and move below the 63.38 point.
You also need to see if you are getting resistance by falling below the newly drawn downtrend line (4).
It falls to the 61.20-62.12 range, and we have to see if it will orient the next coin market.
Since I have already touched the 61.20-62.12 section and climbed, the direction may have been decided, but I said again because I think we need to check the volatility around December 15th.
----------------------------------------------
(USDT Dominance 1D Chart)
There was a movement out of the 3.285-3.596 section.
Also, it is falling after attempting to break above the downtrend line (1).
We'll see if we can get resistance at the downtrend line (1) by around December 5th and move below the 3.596 point.
-------------------------------------------------- -------------------------------------------
** 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)
Bitcoin (BTC, including short-term strategy) - December 9Hello?
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.
-------------------------------------------------- -----
It fell from the short-term stop loss point of 18751.0 and touched below the 18280.5 point.
You need to see if you can gain support and rise at the uptrend line (2) or between 17422.0-18280.5
If it declines at 17422.0, a Stop Loss is required to preserve profit and loss.
If it is supported at 18195.0, it is a new entry point.
I think this is the point where we reserve the strength to rise above the 20093.0 point.
However, if you fail to receive support in the 17422.0-18280.5 section, you can touch the 15979.0 point, so you must check whether you are supported.
It remains to be seen if it rises after around December 10th along the uptrend line (2).
After touching the 20093.0 point, we believe that movements will determine further upsides or turnarounds.
It is expected that the first attempt to break through the 2009 3.0 point will be made after around December 14th.
---------------------------------------------
(BTC Dominance 1D Chart)
We must see if we can get resistance at the uptrend line (5) and move downward.
If it does not rise above the uptrend line (5), it is expected to fall below the 63.38 point.
It is expected that the direction will be decided while sideways from 61.20 to 62.12, but it is showing an upward trend after touching it.
As such, I think the current BTC price point is telling us that it is a difficult price range.
In order for altcoin price to rise, BTC dominance must fall.
Also, if it falls below the 63.38 point, I think the altcoin price will rise more quickly.
------------------------------------------------
(USDT Dominance 1D Chart)
We must see if we can get resistance at the downtrend line (2) and move down.
We need to see if we can get resistance and move downward at the downtrend line (1)-(3), which is the underlying downtrend channel.
It remains to be seen if it can drop to the 3.285-3.374 section around December 15th.
-------------------------------------------------- -------------------------------------------
** 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)
Bitcoin (BTC, including short term strategy) - December 8Hello?
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.
-------------------------------------------------- -----
You must watch for any movement that deviates from the 18751.0-19287.5 segment.
You need to touch the uptrend line (2) around December 14, when the uptrend line (2) and 18751.0 points intersect, and see if you can move up.
If it falls from 18751.0, it is a short-term Stop Loss.
You can touch between 17422.0-18280.5, so you need to trade carefully.
Unlike other charts, it has a short-term downtrend line (6).
If you deviate from this short-term downtrend line, it is because we believe that further gains are likely.
As explained yesterday's wRSI_SR indicator, we need to see if it can lead to an upside in Sideways.
We are expecting to touch more than the 2009 3.0 point, and I think the trend will regenerate depending on whether you can support or not.
So, if you touch and drop above the 20093.0 point, you need to make sure you get support above the 19287.5 point.
----------------------------------------------
(BTC Dominance 1D Chart)
We have to see if we can get below the 63.38 point.
If it doesn't rise above the uptrend line (5), I think it's likely to fall.
----------------------------------------------
(USDT Dominance 1D Chart)
You should watch for any movement that deviates from 3.285-3.596.
You also need to see if you can fall along the downtrend line (2).
-------------------------------------------------- -------------------------------------------
** 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 do not trade 24 hours a day.
G1: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Bitcoin (BTC, including short-term strategy) - December 7Hello?
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.
-------------------------------------------------- -----
You need to see if you are getting support above the 19287.5 point, breaking off the short-term downtrend line.
If it falls from 18751.0, it is a short-term stop loss.
In the wRSI_SR indicator, when the RS line declines in section A, a down arrow is displayed.
However, the color was shown as a green, rising sign.
Then, when the RS line rises, a rising arrow is displayed, and the color is also shown as a rising indicator in green.
This indicates that the wRSI_SR indicator is moving differently from the price movement.
You can see that short-term bullish divergence has occurred.
I think it is worth comparing with the future trend.
The wRSI_SR metric is the same metric as Stochastic RSI.
RS line is the same line as K and D provided by Stochastic RSI.
The wRSI_SR indicator is the same indicator as Stochastic RSI, and is used to identify short-term trends.
RS line is the same line as K and D provided by Stochastic RSI.
The CCI-RC indicator is the same indicator as the CCI indicator, and is used to identify a longer flow than the wRSI_SR indicator.
In order to quickly grasp what can be intuitively known by using the indicator, you must spend a lot of time observing the indicator.
---------------------------------------------
(BTC Dominance 1D Chart)
We'll see if we can get resistance at the uptrend line (5) and move below the 63.38 point.
------------------------------------------------
(USDT Dominance 1D Chart)
You should watch for any movement that deviates from 3.285-3.596.
-------------------------------------------------- -------------------------------------------
** 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)
Bitcoin (BTC, including short-term strategy) - December 5Hello?
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 make sure we can get support at point 18751.0.
If you fall from 18751.0, you can touch the 17422.0-18280.5 range, so this is a short stop loss.
It remains to be seen if it can rise above the 19287.5 point to gain support and rise above the 20093.0 point around December 11th.
It must fall below the 15979.0 point in order to turn the trend.
In order to get a lot of profits, you have to sell during a surge.
Otherwise, if you sell when it falls, you may not be able to get the right selling point.
To prevent this, you should place a pre-order with Stop Loss.
The Stop Loss point I am talking about is announced in different expressions depending on the situation.
Short-term Stop Loss refers to the point where you can sell and buy together with the Stop Loss set for short-term trading.
The current short-term stop loss point is named as a stop loss when falling to the 18751.0 point, and an accessible point when a break above the 18751.0 point.
If it is supported at 18195.0, it is a possible entry point, and if it falls, it is a point where Stop Loss is required to preserve profit and loss.
This is the Stop Loss point you set as there is a possibility of further decline.
So, if you go down at this point, there is a possibility of a plunge, so it's a point that requires careful trading.
Also, if you get support at this point, there is a chance of a surge, and that's a point that could lead to an upward trend.
These settings may not suit others with my trading style.
What I just want to tell you is that this planned trading must be carried out to ensure more stable trading.
therefore,
1. Before buying, you need to establish an overall trading scenario.
2. You should organize your thoughts on whether to proceed with short-term trading and reset the stop loss point that can change within the overall trading scenario according to price changes, and check the flow.
The preset Stop Loss point before a surge or plunge occurs is often a better fit than deciding when a surge or plunge occurs.
Accordingly, it is necessary to avoid double losses by selling at the moment of a surge or a plunge.
However, it is a good thing and the right choice to realize profits for the sake of a surge.
3. All trading must be done in installments.
If complete liquidation is done at once, it is quite difficult to re-enter, often incorrectly, and the loss will also increase.
Also, you must not repurchase beyond the point where you sold.
If you sell in installments and then buy higher than the point where you sold it, it makes no sense to sell and you are very likely to suffer double losses.
4. You should always have some extra money on hand.
If you have used all of your funds to buy, you must sell some of them after an uptrend to get some extra money.
This is very important when trading.
In order to get a lot of profit, you usually invest all your money to buy.
However, if you don't respond when the plunge comes out, you can suffer huge losses.
Free funds are always available.
When trading, I think it gives you a little more freedom from psychological pressure, and you can trade when you see a good opportunity, so you have more chances to make a profit.
-------------------------------------------
(BTC Dominance 1D Chart)
We have to see if we can get resistance at the uptrend line (5).
---------------------------------------------
(USDT Dominance 1D Chart)
You should watch for any movement that deviates from 3.285-3.596.
-------------------------------------------------- -------------------------------------------
** 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 do not trade 24 hours a day.
G1: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Bitcoin (BTC, including short-term strategy) - December 4Hello?
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.
-------------------------------------------------- -----
It is rising at the uptrend line (1) and at 19287.5.
It must be ensured that it is supported at point 19287.5.
If it gets support at 19287.5, it is expected to rise above the 20093.0 point.
If it falls from 18751.0, it is a short stop loss.
As we get closer to the A section (previous high), we think there is a possibility that the selling price will increase.
This is a natural psychology, and I think that the fear of decline is inevitably increased.
Therefore, it is often accompanied by a strong volume to break through the A section and the previous high.
The price is on the rise as the volume declined for two consecutive days after the decline on December 1st.
I think this is because the number of people trying to sell has declined that much.
If this flow does not work from the 19700 point or higher, a strong buy should come out with a strong volume increase.
It is expected that there will be attempts to break through whatever trend comes out.
So, be careful about price fluctuations.
--------------------------------------------
(BTC Dominance 1D Chart)
We have to see if we can get resistance at 63.38 and move down.
If it goes up, you need to make sure you get resistance at the uptrend line (5).
If BTC price surges or plunges, BTC dominance often rises.
And, when BTC price rises, altcoins' prices sometimes rise.
Even in this case, there are times when BTC dominance rises.
I think that the above movement should not occur at 63.38 and 67.44, which are considered important among the BTC dominance points.
I think that the price of altcoins rises only when they fall unconditionally.
If not, I think altcoins will fall unconditionally. (Excluding circulation pumping of some coins.)
The 63.38 and 67.44 points seem to be the points of volatility.
--------------------------------------------
(USDT Dominance 1D Chart)
We'll have to see if it can decline in the 3.285-3.374 range.
-------------------------------------------------- -------------------------------------------
** 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 must 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 do not trade 24 hours a day.
G1: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
[BTC] Indecision Candle w/ Resistance... Wedging Into Dec 9th!This should drop after being forced to break through runup trend by heavy overhead resistance. Should land around 12-13k range, lotta other crypto traders here thinkin the same.
I exited all of my position over a week around 19k average and just waiting for the next trend confirm to jump back in.
Will long if we do end up getting a clear break over 20k but seems unlikely this round.
TINA is dying too btw. Money flowing to Crypto and Gold while everyone is scared to long market peak.
Rising Gold will slowly crush both Crypto and Stocks. Deflating DXY will push Gold higher. Increasing DXY will push stocks lower.
Crypto will recover faster than stocks as people abandon an increasingly worthless Current Age Money (DXY) and move more into increasingly valuable Old World Money (Gold) and New World Money (Crypto).
Bitcoin (BTC, including short-term strategy) - Deccember 3Hello?
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.
-------------------------------------------------- -----
You should watch for any movement that deviates from 18751.0-19287.5.
You also have to see if you can climb along the uptrend line (1).
If it falls below the 18751.0 point, it is a short-term Stop Loss.
If the volatility around December 3rd (December 2-4) gains support above the 19287.5 point, it is expected to break above the 20093.0 point between December 7-11.
If you are supported at 18195.0, you can enter.
However, if it falls below the 17422.0 point, a Stop Loss is required to preserve profit and loss.
If it falls to 17422.0-18280.5, I think the fear of the fall is maximized.
Therefore, if the volume increases and decreases in the range of 17422.0-18280.5, there will be more talks about the trend shift, like when the price fell on November 26.
We believe that the trend change can only take place after falling below the 15979.0 point.
------------------------------------------
(BTC Dominance 1D Chart)
We have to see if we can get resistance at 63.38 and move down.
-------------------------------------------
(USDT Dominance 1D Chart)
You should watch for any movement that deviates from 3.285-3.596.
-------------------------------------------------- -------------------------------------------
** 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)
Bitcoin (BTC, including short-term strategy) - December 2Hello?
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 make sure we can get support at point 18751.0.
If it falls from 18751.0, it may fall to the 17422.0-18280.5 range, so it is a short-term Stop Loss.
We need to see if it can rise along the uptrend line (1).
------------------------------------------
(BTC Dominance 1D Chart)
You need to see if you can get resistance and fall at 63.38 or at the uptrend line (5).
------------------------------------------
(USDT Dominance 1D Chart)
You should watch for any movement that deviates from 3.285-3.596.
-------------------------------------------------- -------------------------------------------
** 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 do not trade 24 hours a day.
G1: closing price when closed
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Bitcoin (BTC, including short-term strategy) - December 1Hello?
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.
-------------------------------------------------- -----
(1W chart)
We need to see if it breaks above the 20093.0 point to update the New High.
The 18195.0 point on the 1W chart is forming a new support and resistance point.
So, if you fall from the 17422.0-18195.0, which forms the highest of the highs, you need to trade to preserve your profit and loss.
(1D chart)
I think the break above the 19287.5 point exploded expectations for further upside.
We have to see if we can get support at 19287.5 and break above the 20093.0 point.
If it falls from 19287.5, it is a short-term Stop Loss.
The expected point for further upside is 22000.0 and is projected to be between 22261.5-22925.0.
In order to continue this trend, we need to see if it rises along the uptrend line (1).
It rose again above the 19287.5 point, so if it falls below the 18195.0 point, you need to trade to preserve the profit and loss.
The next most likely period of volatility between November 28 and December 11 is around December 3 (December 2-4), reaffirming support for the 19287.5 point and the uptrend line (1). There is a possibility.
The resulting volatility should be checked for movement outside the 18195.0-20093.0 range.
------------------------------------------
(BTC Dominance 1D Chart)
You should check for any movement that deviates from 62.12-63.38.
If I get resistance at the uptrend line (5), I expect further declines.
To prevent the upward trend of BTC dominance win, it should fall below 62.12 point
--------------------------------------------
(USDT Dominance 1D Chart)
We have to see if we can get below the 3.285 point.
The uptrend line (5) is the uptrend line that began in March, and it remains to be seen if it will fall below the trendline and create a new wave.
We need to see if we can touch the 2.754 spot marked by the odd sign that occurred on October 31st.
As a personal trader, I think it is the USDT Dominance Chart that lets you know the flow of money in the coin market, even if it is limited.
-------------------------------------------------- -------------------------------------------
** 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 do not trade 24 hours a day.
G1: closing price when closed
G2: Market price at the time of opening
(Example) Gap (G1-G2)
[BTC] Crypto Wave Model: Here's What RSI S/R is Lookin Like!Testing out another one of my models here.
I'll be timing my entries/esit along with RSI S/R holds and breaks.
We could have a bounce here but needs to hold a bit longer, if it breaks under I'll sell some and look to pick up cheaper.
Best guess is we're going down to retest bottom orange before a bigger spike up but may test and fail top orange first in near term.
Bitcoin (BTC, including short-term strategy)-November 29Hello?
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.
-------------------------------------------------- -----
Between 28 November and 6 December we have to watch for movements that deviate from 17422.0-18280.5.
If it falls at 17422.0, it is a short-term Stop Loss.
If you touch the uptrend line (2), there may be volatility, so you need to trade carefully.
I think we need to rise above the 18280.5 point and get support so we can expect further gains.
So, if you trade between 17422.0-18280.5, I think it's a good idea to respond in the short term.
The difference between an upside and a rebound is one end difference and you can trade quickly and hold it forcibly, so you need to check the flow carefully.
-----------------------------------------
(BTC Dominance 1D Chart)
We'll see if we can get resistance at 63.38 and move down to 61.20-62.12.
----------------------------------------------
(USDT Dominance 1D Chart)
We'll get resistance at 3.760 and see if we can get below 3.285.
-------------------------------------------------- -------------------------------------------
** 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)