Bitcoin (BTC) - May 14 (New Start-2)Hello?
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(XBTUSD 1W chart)
(1D chart)
We have to see if we can get support and climb in the 48214.0-50752.0 range.
In particular, it remains to be seen if it can rise above the 60904.0 point between around the 14th and 19th of May.
You should also see if you can go up along the uptrend line (3).
If it falls in the 48214.0-50752.0 range, Stop Loss is required to preserve profit and loss.
However, you need to trade carefully as you can touch and climb the 40600.0-45211.5 section.
Looking at the BTC Dominance Chart and the USDT Dominance Chart, it is expected to touch an important point or segment around May 15th.
Accordingly, volatility is expected to occur once again.
We hope that this volatility will allow us to predict to some extent the trend of the BTC price.
(1h chart)
Check the movement before and after the time indicated on the chart.
We need to see if we can move above the MS-Signal indicator to indicate a short-term uptrend.
In particular, it remains to be seen if it can rise above 51334.5 points.
We have to see if we can get support by ascending to the 52825.-54962.5 section, which was the support section on the 1h chart.
In the CCI indicator, it remains to be seen if the CCI line rises above the EMA line, indicating a short-term uptrend.
If you do not deviate from the short-term downtrend line (a) and fall, I think it is the worst.
Therefore, careful trading is necessary.
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(BTCUSDT 1D chart)
We have to see if we can get support and climb in the 48199.13-50736.52 section.
In particular, it remains to be seen if it can rise above the 60886.07 point between around the 14th and 20th of May.
If it falls in the 48199.13-50736.52 section, a Stop Loss is required to preserve profit and loss.
However, you can touch and climb the 40586.96-45135.66 section, so you need to think about how to respond.
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(BTCKRW 1D chart)
Touching the 56052000-58981000 section, I think it left the door open to the decline.
We must see if we can climb along the uptrend line (3) and rise above the 66007000 point.
In particular, it remains to be seen if it can deviate from the downtrend line (6).
If it falls in the 56052000-58981000 range, Stop Loss is required to preserve profit and loss.
It is possible to touch the 47268000-51798000 section and go up, so you need to think about how to react to it.
If you go up at 73622000, you have to watch to see if it rises above 82407000.
You can touch and drop the 77706000-82407000 section, which was the previous high, so make sure to check if it rises above the 82407000 point.
(Upbit BTCKRW 1D chart)
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(BTC Dominance (BTC.D) 1D Chart)
Despite the falling BTC price, BTC dominance is falling.
It appears to be buying altcoins on the BTC market with BTC.
We have to see how the volatility around May 15 represents what kind of movement it is.
Therefore, careful trading is necessary.
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(USDT Dominance (USDT.D) 1W chart)
If it rises, you'll find resistance at 2.91 and see if it falls.
(1D chart)
There was a movement out of the 2.181-2.532 section.
We'll have to see if it can decline in the 2.532-2.670 range.
If it rises above 2.532 points, the prices of coins will show a further decline than they are now.
As such, it remains to be seen if it can fall below the uptrend line (1).
If it falls below the 2.181 point, the coin market is expected to continue the upward trend.
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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.
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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 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: Cigar at the time of opening
(Example) Gap (G1-G2)
