Btcustperp
The key is whether the price can sustain a rise above 32259.90Hello?
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(BTCUSDT chart)
The calculation formula of the Volume Index Osc indicator included in the 'Vol & Trend' sub-indicator has been changed.
The Volume Index Osc indicator utilizes the formulas of the PVI and NVI indicators to distinguish buying and selling times according to changes in trading volume.
Therefore, the part marked in orange means the time to buy.
For reference, the OBV indicator included in the 'Vol & Trend' sub-indicator shows the increase and decrease in buying and selling forces due to changes in trading volume in accordance with price changes.
(1M chart)
Depending on where the candle closes this month, it is highly likely that a new HA-Low indicator on the 1M chart will be created.
If the HA-Low indicator on the 1M chart is created and it shows support around it, it will be the time to buy the first full-scale from a long-term perspective.
Currently, the HA-Low indicator of the 1M chart is formed at 21023.14.
So, you might ask if the support at 21023.14 was a full-fledged buying period.
The reason I didn't say that it was a full-fledged buying period at 21023.14 was because it was located below the MS-Signal indicator.
Keeping the price above the MS-Signal indicator means that there is a good chance of continuing the uptrend from a trend perspective.
Therefore, if the HA-Low indicator on the 1M chart is generated near the MS-Signal indicator, it is highly likely to show a full-fledged uptrend.
(1W chart)
It rose above the HA-High indicator on the 1W chart and rose above the previous high of 31000.0.
Thus, the basic interpretation method of the HA-High index has been achieved.
If it rises above the support and resistance zone of 32259.90-35286.51, the next previous high is at 48189.84.
Therefore, it is expected to show a move towards the 45135.66 area.
To that end, the HA-High indicator on the 1W chart is expected to rise again and be created.
The 32259.90-35286.51 section corresponds to the boundary between an uptrend and a downtrend when viewed from the big picture, so it is significant that it rises above this section.
If it fails to rise, you should check for support around 26574.53-27590.60.
(1D chart)
As it rose above the HA-High indicator on the 1D chart, it renewed the previous high again.
The 1D chart includes a Trend-Based Fib Extension tool.
The Fibonacci chart on the left is based on a downtrend, while the one on the right is based on an uptrend.
Therefore, if the price holds above 32259.90,
1st: 34197.22-35045.0
2nd: 37253.81
3rd: 39260.17
The key is whether it can break through the above 1st-3rd areas upwards.
The next volatility is around August 21st.
Therefore, it is necessary to check if the trend can be formed by breaking out of the 28923.63-32259.90 area.
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(DXY chart)
(BTC.D chart)
If BTC dominance drops below 50.49, it will be an illusion that an altcoin bull market has begun.
For this illusion to be true, it needs to fall below the 47.64-48.80 zone.
(USDT.D chart)
We need to see if the USDT dominance drops below 6.85 to get resistance.
If not, it is likely to rise above 7.27.
When USDT dominance drops below 6.21, the coin market will feel that the bull market has begun.
BTC dominance rises around 56.78-61.73, and then begins to fall before the real bull market begins.
Therefore, I think it will induce losses for individual investors as it swings up and down before rising to around 56.78-61.73.
Therefore, if you do not want to hold from a long-term perspective, it is better to increase the number of coins (tokens) corresponding to profits while responding in the short term.
Although it is showing a sharp rise due to issues related to the BTC ETF, we must be careful not to cause psychological agitation with this rise as BTC did not rise above the important range of 35045.0-37253.81.
This is because investments, that is, transactions carried out when the psychological state is excited or anxious, are likely to eventually suffer losses even if they are profitable.
Therefore, if the price has risen, you need to check again whether it is supported or resisted at the support and resistance points or sections, and modify and supplement your trading strategy accordingly.
Altcoins that have soared this time are likely to be the first runners, but altcoins are likely to gradually move sideways or decline if BTC dominance maintains an upward trend.
Therefore, if you want to hold it from a long-term perspective, you should pay attention to coins (tokens) that are expanding the coin ecosystem.
Therefore, if you made the first purchase of an altcoin when BTC was below 29K, you must make the second purchase in the range of BTC 32K-43K.
The time to buy an altcoin in earnest is when it rises above the HA-High indicator on the 1M chart and shows support.
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(BTCKRW chart)
The key question is whether the price can rise above 40674000 and sustain the price.
If not,
1st: 39049000
2nd: 37821000
You need to make sure that it is supported in the vicinity of the 1st and 2nd above.
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- big picture
A full-fledged uptrend is expected to start when it rises above 29K.
This is the 81K-95K range that we expect to touch in the next bull market.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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Breaking out of the uptrend channel in a period of volatility...Hello?
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The reason why I explain the USDT, USDC, BTC.D, USDT.D chart first is that it is judged that the price change of coins (tokens) can be predicted to some extent if the overall money flow of the coin market is known.
(USDT 1D chart)
I need to see if I can keep it at 66.442B or higher.
(USDC 1D chart)
We need to see if it can rise above 44.07B.
(BTC.D 1D chart)
The key is whether it can fall after receiving resistance in the 43.75-45.68 section.
Otherwise, if it rises above 45.68, there is a possibility that a strange market will be formed where only BTC rises, or the coin market will show a major decline.
The next volatility period is around March 30th.
(USDT.D 1D chart)
If funds do not continuously flow into USDT and USDC and USDT dominance drops to around 6.21, it is expected that the coin market has peaked.
A rise above 6.90-7.27 is expected to cause the coin market to plummet.
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(BTCUSDTPERP 1D Chart)
By touching all the yellow horizontal points, the possibility of sideways movement is increasing.
The up and down swing starts when the price drops more than -10%.
The current appearance is just a sideways move, but you shouldn't think of it as shaking it.
As a testament to this sideways potential, the strength indicators show divergence.
Therefore, the trend is expected to continue away from the 22471.5-23390.0 zone.
Since this period of volatility is around January 28th (up to January 31st), it is recommended to observe the movement until January 29th.
When a new candlestick is created, I think it is good to check whether the Heikin Ashi body is in an uptrend or a downtrend, and see if it is supported or resisted.
There is a significant gap with the MS-Signal indicator, so be careful as there may be a sharp decline.
Be careful when trading as it is highly likely to touch the 24K section (expected to touch the M-Signal of up to 1M charts) and fall.
When going down, you need to make sure it is supported in the 20984.7-21826.1 section.
(1h chart)
You need to check which section you will deviate from among the sections marked with yellow circles.
If the price drops to around 22471.5 after the time shown on the chart, there is a possibility of a sharp decline, so a countermeasure is needed.
If the price is maintained above the M-Signal on the 1D chart, the main position is 'LONG'.
Therefore, a quick response is required when entering the 'SHORT' position.
When the 5EMA of the 1D chart is touched, there is a possibility of volatility, so at this time, you should carefully look at the direction and respond.
Since HA-Low and HA-High of the 1h chart are passing between 22691-22753.2, it is possible to enter a position around this section. (aggressive entry)
However, since it is close to 24294.1, which is considered the high point, a quick response is required when trading.
If it is supported around 'L2', 11975.1, it is possible to enter the 'LONG' position.
However, the trading end time is 23937.1-24294.1.
The first S/L point is 22691.
If resistance is received at 'S2', 22471.5, it is possible to enter the 'SHORT' position.
1st: Around 21826.1
2nd: Around 20984.7
End of trading: around 20122.5
First S/L point: 22753.2
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- big picture
A full-fledged uptrend is expected to start when it rises above 29K.
This is the 81K-95K range that we expect to touch in the next bull market.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at ().
** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
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#BTC UPDATE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
#BTC UPDATE
BTC break down this descending triangle pattern
What is a descending triangle pattern?
The classic version of this pattern forms a trend line that is sloping and a flat or horizontal support line. The pattern emerges as the price bounces off the support level at least twice. The completion of the pattern occurs after the end of a retracement in a downtrend.
The downside breakout from the support triggers a strong bearish momentum-led decline.
However, this textbook pattern seldom occurs in real markets. In most cases, a descending triangle pattern can also see a sloping base as well. Instead of a flat support level, you can see higher lows being formed.
The illustration below shows what an “ideal” descending triangle pattern looks like, which is often labelled a descending wedge, as well.
In my last update, I mention the 17.5k horizontal support, after that post, BTC Bounced from that support
Currently, it breakout the descending triangle with a successful retest and heads toward the horizontal resistance which is around 17k.
A solid breakout of $17k would be the confirmation of the continuation of bullish momentum in the market, while a rejection will result in further range play.
Stay tuned I will keep updating.
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
Bitcoin (BTC) - August 3Hello?
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(BTCUSDTPERP 1D Chart)
The 22751.0 area is an important section that needs support to continue the uptrend.
If a decline from 22751.0 finds resistance, it is expected to lead to further declines.
If it finds support and moves up near 22751.0, I would expect it to move towards 25459.8.
The 27054.1-29840.6 interval is the interval that determines the trend.
Therefore, if it falls without being supported in the 27054.1-29840.6 section, it is highly likely that the downtrend will continue, so Stop Loss is required to preserve profit and loss.
Stop Loss does not mean 100% liquidation.
This is a necessary measure to relieve psychological anxiety to some extent when the price has fallen, and to gain the strength to see the situation and buy when the price has stopped falling.
The big trend is maintaining an upward trend.
However, if it falls below 22751.0, it will fall below the MS-Signal indicator.
If the MS-Signal indicator turns into a downtrend indicator, it should be considered that the big trend has also turned into a downtrend.
(For reference, sections A and B passed the MS-Signal indicator, but the color of the MS-Signal indicator did not change.)
Therefore, when deciding on a position, you need to select in advance how much trend you want to follow.
This also has to do with the leverage ratio you choose.
If you want to see the trend on the 1D chart and select a position, you need to set the leverage to x10 or less to get the strength to hold out.
When using high leverage, it's a good idea to look at the 1D chart whether it's a bearish candle or a bullish candle and choose based on the shape of the candlestick.
A quicker response is required when choosing a position in the opposite direction of the trend.
( 1h chart)
** On the 1h chart, a sharp move is likely to occur, so a short-term response is recommended.
The key is whether the price can be maintained above 22751.0.
- If the HA-High indicator creates a long horizontal line, it is more likely to decline,
- When the HA-Low indicator creates a long horizontal line, it is more likely to rise.
- Section A is a pattern that appears when the HA-Low indicator rises and receives resistance and shows a downtrend.
- Contrary to section A, if the HA-High indicator shows a downward trend, it is more likely to show an upward trend.
The HA-High index has declined, and if the price is maintained above that, it is expected to rise to the 23437.6-23772.9 section.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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Bitcoin (BTC) - July 10Hello?
Nice to meet you, traders.
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(BTCUSDT 1W Chart)
Resistance: 27033.35-29812.52
Primary Support: Around 21475.02
2nd Support: 13137.51-15916.68
The key is whether it can be supported at 21475.62 or higher and enter the bottom of the Bollinger Band (60).
It's an important period of volatility around next week.
(1D Chart)
It is necessary to check if there is any movement deviating from section 18719.11-22487.41.
If it rises above 21475.02-22487.41 and is supported, it is expected to shift to an upward trend from a short-term and medium-term perspective.
However, careful trading is required as resistance is expected near the upward trend line.
The next period of volatility is around July 13.
As with the previous trend, careful trading is required because it may not break through the MS-Signal index upward and lead to a large drop.
In order for the MS-Signal index to shift to an upward trend, it must rise above 22487.41, shake it up and down, and rise.
However, since it will be supported around 21475.02, it is expected that there will be little room for the rise.
I think we need to walk sideways for about two more months to get the momentum around 21475.02.
It is expected to continue the upward trend from a mid- to long-term perspective only when it rises above 29812.52.
Therefore, below 29812.52, we have to proceed with the transaction from a short-term perspective.
However, rather than receiving profits in cash, it is better to increase the number of holdings.
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** All indicators are retrograde indicators.
So, it's important to know that the indicators move along with the price and volume of the transaction.
However, for convenience, I'm talking upside down for interpretation of the indicators.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV index was re-created by applying the formula to the Depth House Trading index released by Oh92. (Thank you.)
** Support or resistance is the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee gains or losses in the investment.
(Short-term Stop Loss is a point where profit or loss can be preserved or additionally entered as a split transaction. It's a short-term investment perspective.)
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Bitcoin (BTC) - June 29hello?
Traders, welcome.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(BTCUSDTPERP 1D Chart)
It is necessary to check whether it can be supported by rising above 20570.1.
If not, you should see support around 18741.7.
When the Stochastic RSI line falls below the zero point, the key is whether the BTC price stays above 18741.7.
(Note: To include the stochastic RSI indicator in the Long/Short-S indicator, the 50 point of the Stochastic RSI indicator was changed to the 0 point of the Long/Short-S indicator.
We merged the indicators as much as possible so that even those who use TradingView for free can share and use the chart.)
The next volatility period is around July 16th.
(1h chart)
** A short-term response is recommended as sharp movements are likely to occur on the 1h chart.
Whether or not it can move higher than 21418.1 is the key.
Before that, the first thing to check is whether it can be supported and rise in the 20103.5-20570.1 section.
Since it has been supported in the vicinity of 20103.5, you need to check if it is supported again this time.
If it fails to break above the 20570.1-20683.0 range, it is expected that it will lead to further declines, so careful trading is required.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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Up trend support reversal to resistanceBTC was looking to finally break the uptrend with a downward impulse.
Used 15m and 30m for entry with the the 30m, 1H and 4H for trade management.
FIB retrace up to the 0.5 level with confluence at the 50 EMA , RSI resisting the 50 level/Upper BB and the uptrend turned into a resistance level.
Placed break even stop at 1% and trailing stop trigger at 2%. Possible exit at confluence of 0.618 Extended FIB and 53600 Support level.
Further exit in the 51k to 49k Support zone for a reversal.
MACD confirming the downtrend near the break even trigger.
BINANCE:BTCUSDTPERP