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BTCUSDTPERP

Around 43160.0: Expected to re-establish the trendHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BTCUSDT chart) (1D chart) It touched above 38745.63 on December 1 and eventually rose above 38745.63. Accordingly, the next volatility period will be around December 9th, and the key is whether there can be a movement out of the 38745.63-41350.0 range. Since it has risen above the first resistance range of 37779.56-38745.63, if it falls below 37253.81, there is a possibility that it will turn into a short-term downtrend. The support zone for this short-term downtrend is 1st: 32917.17-34110.32 2nd: 28923.63(29241.72)-29850.45 You need to check whether you are supported in the first and second sections above. If the upward trend continues, it is expected to determine the trend again around 43160.0. However, the area expected to rise the most is around 44200.047600.0. If that happens, it is expected that the possibility of entering a full-fledged bull market will increase as the HA-High indicator on the 1M chart is touched. If a pull back pattern is created before that and again causes fear in the coin market, then it will be a good opportunity to buy. If not, you should proceed with buying when support appears near the HA-High indicator on the 1M chart. Identifying support and resistance is not an easy task. Since this is also a case that can only be known in hindsight, the key is how to create a response strategy. -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
by readCrypto
2
A bearish 2024 - 14525?Trying to speculating how bitcoin can feasibly reach 6 figure targets by developing bull structure in the form of a large pennant. This would imply a significant pullback to form new lows targeting 14,525 in 2024. Would need to see signs of weakness around this current price range ideally 45.5k rejection, however price can continue further in which case the structure of the chart would need to be reassessed to figure out what in the actual FibOnaCCi is going on. Key prices in this analysis. 45,505. 14,525. 261,000. No one knows where the market goes, the best guess wins. Oh, and blame yourself if I'm wrong.
Long
by TheCheartBreaker
📊#BTC mid-term goal has been achieved, chase cautiously⚠️➡️We have been actively bullish during this period, and we have also shared our specific bullish ideas with you. If you buy based on this idea, you can consider taking profit and leaving the market, because after we achieve the goal, most people will choose to take profit and leave the market, so in order to prevent possible dumping, it may be very wise to lock in profits in time choose.💯✔️ 💥We must not be weak when we should be greedy. 💯✔️ ⚠️We need to be cautious when others are greedy. ⚠️ 🔥Congratulations to all the friends who followed us to print money🎉💰🍻I have helped everyone make money, so I hope you can also help me. Please remember to share my analysis posts and channels. 📤 ➡️We will patiently wait for new opportunities to arise. ☕️
Long
by wolf_king888
🚨Bitcoin is Ready for Correction🚨✅Bitcoin moved as I expected in previous posts and was able to touch the upper line of the Ending Diagonal again ( MicroStrategy helped in this movement by buying $600 million of Bitcoin). 📚The Ending Diagonal Pattern ( Elliot's point of view) is the same as the Rising Wedge Pattern ( Classical Analysis point of view). 🌊According to the theory of Elliott waves , Bitcoin is at the end of the main wave 3, so to complete this wave, microwave 5 of the main wave 3 had an Ending Diagonal structure. 💡In my opinion, the Ending Diagonal Pattern is standard so that the Fibonacci ratios are consistent with this pattern, as well as Regular Divergence(RD-) between Consecutive Peaks . 🔔I expect Bitcoin to start falling after breaking the lower line of the Ending Diagonal Pattern and Support lines and at least fall to 🟢 Support zone($36,000_$35,280) 🟢 or maybe Fill the lower 🔵 CME Gaps 🔵. ❗️⚠️Note⚠️❗️: If BTC can break the 🟡PRZ🟡, the Scenario will change. ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed. Bitcoin Analyze ( BTCUSDT ), 4-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
208
Story about Bitcoin BTC price route map for the coming monthsGalleon ships called "Big Money" are increasingly openly entering the vast and boundless ocean of the cryptocurrency market. To fill their holds with gold and spices crypto assets, they need to manipulate the market a bit, and they have the resources to do so. The largest liquidity that is instantly "poured in" is hidden behind the breaking of stop orders. Yesterday, the last portion of stop orders on small long positions that had been accumulating for more than 3 weeks in the consolidation of $30-31k were broken. In addition to providing an instant large portion of liquidity, breaking stops also has another function - knocking competitors out of their positions . Without "extra passengers," it's easier to move the price in the right direction, because no one will record profits in places MM doesn't need and thus slow down the price movement. Therefore, we think that MMs have started an expedition in search of resources with a confusing route called "the Big Saw" . It is very likely that sharp trend reversals will occur in the most unexpected places, when euphoric moods such as: well, price has come out of consolidation, now it's definitely "to the mooon", or all is lost "crypto scam". Let's try to predict what kind of navigation map "Big Money" has drawn for itself: since yesterday the price of BTCUSDT was not allowed to gain a foothold below $29500, we assume that at least for the next week, the price is expected to move north, towards $32500 then on July 26, the announcement of the new Fed rate, which is expected to rise by +0.25%. This event may become a trigger for a more thorough correction in the crypto market. Further breakout of the purple trend line, which has been in place since early 2023. On the market starts to feel negative, that "everything is lost" - we fall by $20-10-5 thousand per BTC, panic is a terrible thing. But as soon as a large number of coins are sold and liquidated under the fear of "losing everything," MM can easily reverse the trend upward. We assume that this can happen around $27300. Moving upward, the BTCUSDT price begins to consolidate above $30 thousand, then above $31 thousand, and then the FOMO of small money is activated: we have been deceived, we need to buy now and immediately, after all, "to the mooon" will be. Thus, updating the annual highs of the BTC price is possible, but growth will slow down, because on increased trading volumes that can disperse by"small money", "big money" there will be a good chance to fix at least part of the profit. And in the region of $34000-34200, a fairly deep and powerful correction in the crypto market may begin. But be that as it may, we don't see the BTCUSD price falling below $24000 even in the most pessimistic forecasts by the end of 2023. In general, it is worth remembering that in 9 months, BTC will have "the halving". Roughly speaking, the cost of one mined BTC will double. Now the weighted average cost of one mined Bitcoin is more than $20 thousand. So in the long run, everything will be fine!) Disclaimer: All characters and events described are fictional. Any coincidence with real people or events is a coincidence :) _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
46
Market led by ETH: Short-term riseHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- #BTCUSDT 1M If the price holds above 38745.63, the RSI indicator is expected to rise into the overbought zone. Accordingly, it is necessary to check whether it will continue to rise and touch the HA-High indicator, or whether it will shake up and down and a new HA-High indicator will be created. Since it is a 1M chart, we expect to find out in February next year. #BTCUSD 1M I think around 43K is the maximum rising range due to this wave. However, depending on the Fibonacci ratio, there is a possibility of temporarily touching the 44234.54-48229.91 range. #BTC.D 1M The reason is that BTC dominance has not risen above 61 yet. If BTC dominance falls around 53, there is a possibility of creating a small bullish market, but I don't think it will ever be able to create a large bullish market. Accordingly, there is a possibility that a strange market may be formed in which only BTC rises in order for BTC dominance to rise. #ETHUSDT 1M I believe that ETH's temporary lead rise was caused by ETH-related issues (ETFs). A market that is not led by BTC will likely end up with a short rally. Accordingly, you should carefully observe BTC's price movements. -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
INDEX:BTCUSD
by readCrypto
3
Check if you are supported in the first resistance sectionHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BTCUSDT 1M chart) A new candle is expected to be created in the 37253.81-38745.63 range. Accordingly, we need to check how the StochRSI indicator will move. (1W chart) The StochRSI indicator is hitting the highest point in the overbought zone. Accordingly, the key is whether the price can be maintained above 37253.81 and rise above 38531.90. Since the Histogram indicator of the StochRSI indicator is showing a downward trend, the likelihood that the StochRSI indicator will be in a downward trend in the near future is increasing. However, BTC is likely to maintain an upward trend until it leaves the overbought zone, so you should be careful about its movements. Since the RSI indicator has entered the overbought zone, if it falls below 37253.81, there is a possibility that the RSI index will leave the overbought zone. If that happens, there is a high possibility that a new HA-High indicator will be created, which will increase the likelihood of new volatility occurring. The section where BTC turns into a downward trend is when it falls below the 29241.72-30767.38 range and meets resistance. Until then, even if it falls, it is considered highly likely that it will create a pullback pattern and rise. In that sense, the section 32917.17-34110.32 is expected to be an important section. (1D chart) The next period of volatility will be around December 9th, when the uptrend line (2) intersects at 38745.63. Prior to this, the key is whether the price can be maintained around 37779.56 around December 1st. We should hold the price around 37779.56 and see if it rises along the uptrend line (2). If that happens, it is expected to move sideways in the first resistance range of 37779.81-38745.63, and then volatility will occur around December 9 (December 8-10). Since the high points of the StochRSI indicator are falling, you can see that the strength of the rise is gradually weakening. Accordingly, we can see that it is becoming important to be able to maintain the price above the 37253.81 point. Even so, the 34786.17-37779.56 section is a sideways section. thus, . If the price stays in the 34786.17-37779.56 range, BTC will just move sideways. However, since altcoins are likely to see large declines, they may become psychologically unstable, so you need to think about countermeasures against this. If it rises above 38745.63, it is expected to rise to around 43160.0. A detailed explanation on this will be provided again when the price shows an upward trend above 38745.63. -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
by readCrypto
2
Bitcoin $52kBull to bear perspective for the next year and a half. 52.3k rejection and an assessment to see if the recent parabolic trend breaks, if so structure needs to be assessed for potential head and shoulder formations. Downside target could be as low as 7.2k. Always assess risk and always be prepared to be wrong. The downside drop is contingent of a bearish outlook on the stock market, and for the interest rate hikes over the last year to finally take effect. Also the swing from 3k to 69k, it would be ideal for price to rationalise this sudden rise by coming to the lower levels sub 10k before commencing the actual big bull. For now, enjoying these mini bull and bear cycles seem to be the name of the game rather than hodling and hoping. Further, a rejection at 52.3k in January would be the ideal time for an ETF approval, as we have seen approvals lead to large declines in the past. :D
BITMEX:XBT
by TheCheartBreaker
Bitcoin BTC price trading plan for the coming monthsFor more than 2 weeks, we have been observing that despite the almost perfect development of our ideas, the number of likes and comments under them has decreased. Do you not like the content presentation or do our ideas not coincide with your thoughts on the future of the crypto market?) Please write about it in the comments below the idea... Since you didn't like our ideas for BTCUSD on smaller time frames: We suggest you familiarize yourself with our thoughts on a longer timeframe. Let's assume that the global reversal on the BTCUSDT price chart will occur precisely because of "Inverted Head and Shoulders" pattern We are considering a possible buying of Bitcoin for a medium- and long-term investment in the range of $18700-19800 in the second half of March. We also remind you that the second and third decades of March will be dotted with publications of US macroeconomic indicators (CPI, Fed rate, etc), so the markets will be volatile. At the same time, in March, they promise to start paying 140+ thousand BTC as compensation after the theft on MtGox. Although these payments are postponed from year to year, they will happen sooner or later. And if at least some of them want to make a profit, it will put a lot of pressure on the BTC price and the crypto market in general. The medium-term growth target, according to the"Inverted Head and Shoulders" pattern, is in the region of $40,000 - $41,000. We would also like to remind you of our ideas from last year: Bitcoin & Cryptocurrency results of 2022 and plans for 2023-2025 🔥 How much can the Crypto market capitalization grow by 2025 🔥 As you can see, we think the potential for growth in the coming years is going to be phenomenal. What do you think, which coins will grow the best? AI, WEB3, NFT, DeFi? Share your thoughts in the comments below the idea! Perhaps you are following a specific project, then write a ticker in the comments, if we see prospects in it, we will definitely publish an idea for it. Have a great weekend to all!) _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
77
🗺️Bitcoin Roadmap🗺️⏰(1-hour time frame)⏰💡Bitcoin tried many times to break the 🟡 Price Reversal Zone(PRZ) 🟡 but failed every time. 🌊In terms of Elliott wave theory , Bitcoin seems to have found microwave 5 of the main wave C at the 🟡Price Reversal Zone(PRZ)🟡 and the upper line of the Rising Wedge Pattern . 💡One of the confirmation signs of our wave counting can be the presence of Regular Divergence(RD-) between two micro waves 3 and 5 of the main wave C. 🔔I expect Bitcoin to attack the Support lines and the lower Rising Wedge Pattern line after breaking the 🟢 Support zone($38,000_$37,650) 🟢. ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed. Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
26
🚧Bitcoin Can Drop by Rising Wedge Pattern🚧🏃‍♂️Bitcoin re-entered the 🟡 Price Reversal Zone(PRZ) 🟡 and is currently moving in this zone. 📈If we look at the chart from the view of Classical Analysis , it seems that Bitcoin has succeeded in forming a Rising Wedge Pattern . 🌊In terms of Elliott wave theory , Bitcoin seems to be completing wave C of the corrective Zigzag(ABC/5-3-5) structure. 💡Also, we can see Regular Divergence(RD-) between Consecutive Peaks .( Volume ) 🔔I expect Bitcoin to start falling again after touching the upper line of the Rising Wedge Pattern and at least fall to the lower line. If Bitcoin manages to break the support lines and the lower line of the wedge, we should expect Bitcoin to fall to the 🟢 Support zone($36,000_$35,560) 🟢. ❗️⚠️Note⚠️❗️: If BTC can break the 🟡PRZ🟡, the Scenario will change. ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed. Bitcoin Analyze ( BTCUSDT ), 4-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
28
🚀Bitcoin is Ready to Attack to Resistance lines Again🚀🏃‍♂️Bitcoin is moving near Support lines and a cluster of Fibs and lower line of Descending Channel . 🌊According to the theory of Elliott Waves , Bitcoin has successfully completed the Double Three Correction(WXY) in Descending Channel. 🔔I expect Bitcoin to Go UP at least to the Resistance lines after the Descending Channel break. ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed. Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
50
Btc 40 Or 34k? Btc/usdt Bitcoin is currently trading around 38.1k, moving within a rising wedge on the 4-hour time frame. Possible scenarios include a potential rejection upon testing the upper resistance line of the rising wedge, leading the price towards the support line within the pattern. Alternatively, if the price surges and breaks above the upper resistance line, the pattern would be invalidated. Stay tuned for more updates. Disclaimer: This information is provided solely as an idea and not intended as financial advice. It's advisable to conduct your own research before making any investment decisions.
Short
by Crypto-By-Ghazi
🗺️Bitcoin Roadmap🗺️⏰(15-minute time frame)⏰💡For the umpteenth time, Bitcoin is trying to break the 🟡 Price Reversal Zone(PRZ) 🟡 and a cluster of important Resistances (Pivots) . But in my opinion, Bitcoin needs to have a deeper correction, at least up to the $34,000 price channel , to break this critical area. 🌊In terms of Elliott wave theory , Bitcoin seems to have completed its five-impulse wave at 🟡 Price Reversal Zone(PRZ) 🟡. 💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks . ⏰If we look at the 4-hour time frame , we will realize that Bitcoin has managed to form an Ascending Triangle Pattern so that point D is now confirmed. So it can be expected that bitcoin will have a minimum drop to the lower line of the triangle, and if the lower line breaks, we can wait for the 🟢 Support zone($36,000_$35,560) 🟢 to break, and if it starts to increase again from the lower line, we can wait for the 🟡 Price Reversal Zone(PRZ) 🟡 to break .👇 🔔I expect Bitcoin to drop to at least the end of wave 4 in the coming hours after breaking the uptrend line and once again attack the 🟢 Support zone($36,000_$35,560) 🟢 and Support lines . ❗️⚠️Note⚠️❗️: If Bitcoin can go above $38,520, we can hope that the 🟡 Price Reversal Zone(PRZ) 🟡will be broken and my scenario will change. ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed. Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
32
Coin market about to face a good opportunityHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (USDT 1D chart) (USDC 1D chart) USDT and USDC are showing a simultaneous rise in gap. Accordingly, we can see that a lot of funds are flowing into the coin market. --------------------------------------------- (BTC.D 1D chart) (USDT.D 1D chart) With funds flowing into the coin market, one cannot help but wonder why altcoins are lowering their prices on their own. It may be seen as preparation for a plunge in the price of BTC, but for that to be the case, the movement of the price of BTC is at the level of ordinary sideways. --------------------------------------------- (BTCUSDT 1D chart) On that basis, there is no change in the MS-Signal indicator yet. However, since the MS-Signal indicator has risen near the current price, the possibility that BTC will show significant volatility in the near future is increasing. Accordingly, it is believed that there is a growing possibility of movement out of the 34786.17-37779.56 range around the volatility period around November 26 (November 25-27). If there is no movement during the volatility period around November 26th, the next volatility period is around December 9th, so I think there is a possibility of forming a trend across these two volatility periods. We are hoping to see the following movements. (1W chart) It receives resistance around 38531.90 and falls, falling as much as possible, and then receiving support and rising around 29241.72-30767.38. This is because I think there is a high possibility that it will lead to an additional upward trend even if it rises above 43K. We hope that this movement will continue until the BTC halving, creating a major bull market and renewing all-time highs. If this is not the case, that is, if it does not fall near 38531.90 and rises to around 43K, it is expected that a major bull market will not be achieved in line with the BTC halving. (1D chart) Since it touched the first resistance area around 38745.63, I think there is a possibility that it will continue its upward trend if it continues to decline and touches the important trend line around 32917.17-34110.32, i.e., rising along the trend line. However, if this happens, it is expected that the price will experience a downward trend again around the second resistance range of 44200.0-47600. At this time, if it shows support near the first resistance area (maximum 34786.17-37779.56), there is a possibility that it will create a pull back pattern and continue the upward trend again. However, I think there is a possibility that even at this time, a major bull market will not be able to create a significant bull market. If there is a flashy movement in the BTC price that can offset all of these hypotheses, that is, a movement that causes the BTC dominance to rise above 61, there is a possibility of creating a major bull market based on the BTC halving. -------------------------------------------------- -------------- Currently, BTC is in sideways movements. However, altcoins are adjusting their prices on their own. For that reason, it appears to be preparing for a rise in BTC price. If the price of BTC rises sharply and breaks above 38K, I think it is highly likely that it will immediately rise to around 43K. I think it is highly likely that preliminary work has been done to make such a move. This idea is possible because the price is maintained above the MS-Signal indicator. Therefore, if the MS-Signal indicator shows resistance after this period of volatility, we should prepare for the hypothesis mentioned above, that is, BTC is around 32K-34K or 29K-30K. Because altcoins are adjusting their prices on their own, unfortunately, there is currently no response plan for the altcoins you own. Therefore, I think it would be better to check how far the price adjustment progresses and, if there is an altcoin that is in a downward trend, stop loss on that altcoin to secure cash that can strengthen other altcoins you own. However, if the stop loss amount is judged to be quite large, you should respond by selling some of it. In this case, it is recommended not to use the stop-loss amount for other coins (tokens), but to use it to purchase additional coins (tokens) when the stop-loss coin (token) falls further. The market is increasingly showing itself as a good opportunity. However, the coins (tokens) currently held are just making it impossible to view these opportunities as opportunities. -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
by readCrypto
5
#BTC/USDT Still on track! $42k on the table.#BTC : Currently on track and still anticipating a $40k+ rally. Witnessed a solid bounce, especially after the CZ News; Bitcoin demonstrated resilience, indicating strength in the trend. Altcoins are rebounding as well. Invalidation still remains to be close a below the $34500 level. If you are reading this you already went through the worst phases in the last 2 years. Stick to the plan and be ready for what's coming for the next two years. Whenever in doubt, zoom out! Cheers #Crypto
Long
by Cryptorphic
3
The key is whether it can break through 28745.63 with a surgeHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BTCUSDT 1D chart) The trend line moves slightly, resulting in a period of volatility around November 26 (November 25-27). Accordingly, the key is whether the price can rise above the first resistance range as the volatility period passes. If not, you should check for support around the HA-High indicator point of 36376.36. In any case, it is expected that a trend will be formed only when it breaks out of the 34786.17-37779.56 sideways section, so we need to pay attention to this and create a trading strategy. If it breaks through the 38745.63 point with a sharp upward trend, it is expected to rise above 43160.0. (1W chart) If not, you are likely to be affected by the 1W chart. Since the StochRSI indicator has touched the maximum of the overbought range, there is a possibility that the StochRSI indicator will gradually decline. Accordingly, if it does not break through the 38531.90 point with a sharp rise, it is judged that there is a possibility of resistance. Therefore, whether the price breaks through the 38531.90-28745.63 range with a sharp upward trend is an important factor, so we must take a close look at this point. -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
by readCrypto
1