Others
Bitcoin (BTC) - December 16Hello?
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We'll have support at 19300.0 and see if we can climb above 19798.68.
If it falls at 18719.11, it is a short-term Stop Loss.
The volatility around December 17th (December 16th-18th) should be watched to see if any movement deviates from 18719.11-19798.68.
In the wRSI_SR indicator, a red inverted triangle is displayed.
This indication can be interpreted as overbought by saying that the RSI value has reached over 100.
However, it is not known how many days the red inverted triangle will appear.
After this, if the RS line falls below the overbought period, i.e. 80 or less, you can see that the price is also likely to have high volatility.
Since the RS line is in the overbought zone, it is expected to enter a short-term downturn cycle not far away.
At this point, you need to see where the BTC price is gaining support.
When transitioning from a short down cycle to a short up cycle, an attempt to break above 19798.68 is expected if supported at 19300.0.
According to the CCI-RC indicator, CCI is not showing an increase even when prices are rising.
This is because the flow after the closing price is formed is lagging.
So, you need to check the flow after new candles are created.
It remains to be seen if the CCI line starts rising and if it can break above the EMA line.
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(Coinbase BTCUSD 1D chart)
We have to see if we can get support at 19385.0 and rise above 19891.99.
If it falls from 18721.93, it is a short-term Stop Loss.
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(OKEX BTCUSDT 1D chart)
We must see if we can ascend above the 19667.3 point.
If it falls, you need to make sure you get support at 19050.4.
If it falls from 18688.8, it is a short-term Stop Loss.
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(BTC Dominance 1D Chart)
We have to see if we can get resistance and move downward at the downtrend line (3) and uptrend line (5).
If it rises above 64.86 points, the price of altcoins is expected to fall again.
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(USDT Dominance 1D Chart)
We must see if we can get resistance at 3.596 and move below the downtrend line (2).
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If you look at the charts below, you can see that the TOTAL2 chart, that is, the prices of major coins, are falling a little further.
If you watch the TOTAL2 and OTHERS charts rise when the TOTAL chart rises above any point, I think you can roughly know when to invest in altcoins.
(TOTAL 1D chart)
Market cap of all coins
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(TOTAL2 1D chart)
Market cap of remaining coins minus BTC market cap
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(OTHERS 1D chart)
Market capitalization of remaining coins minus BTC and major coins
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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 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: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Bitcoin (BTC, including short-term strategy) - November 30Hello?
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We must watch for possible movements outside the 17422.0-18280.5 range.
It remains to be seen if it can rise above the 19287.5 point by ascending along the uptrend line (1).
You should also touch the uptrend line (2) as you Sideways between 17422.0-18280.5 and see if it rises.
You need to make sure you are holding the price above 19287.5 points between December 3rd and 11th.
If it falls from the uptrend line (2), it is a short-term Stop Loss.
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(BTC Dominance 1D Chart)
You should watch for any movement that deviates from 62.12-63.38.
If I get resistance at the uptrend line (5), I think there could be further declines.
I think the decline in BTC dominance is more related to the rise and fall of altcoins prices than the rise and fall of BTC prices.
Hence, a decline in BTC dominance is close to an increase in the price of altcoins.
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(USDT Dominance 1D Chart)
We have to see if we can get resistance at 3.596 and move down to 3.285.
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(OTHERS 1D chart)
(Market capitalization of altcoins excluding BTC and major coins)
If we get support at 42.612B, we can expect further gains.
Therefore, without a sharp decline in BTC price, altcoins' prices are expected to rise.
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** 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) - November 30Hello?
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.
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I think the rise above the 17892.0 point has boosted expectations for the rise.
However, I think the current position is at the boundary between a rebound and an upside.
Therefore, the possibility of touching the 17892.0 point again cannot be ruled out.
The volatility around November 30 (November 29-December 1) will have to see if there is any movement that deviates from the 17892.0-18719.11 segment.
I think it is important to be able to maintain the price above 17176.24 points from around December 5th to 11th around December 5th in order to regain the direction of volatility that started around November 26th.
If it falls from the 17892.0 point, it is a short stop loss.
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(Coinbase BTCUSD 1D chart)
We should watch for any movement that deviates from 17889.14-18721.93
Short-term Stop Loss Point: When falling from 17889.14
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(OKEX BTCUSDT 1D chart)
It should be observed between around 30 November and around 7 December for any movement that deviates from the 17247.6-19050.4 section.
You also have to see if you can go up along the uptrend line (5).
Short-term Stop Loss point: When falling from 17852.6 point
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(BTC Dominance 1D Chart)
You should watch for any movement that deviates from 62.12-63.38.
If I get resistance at the uptrend line (5), I think there could be further declines.
I think the decline in BTC dominance is more related to the rise and fall of altcoins prices than the rise and fall of BTC prices.
Hence, a decline in BTC dominance is close to an increase in the price of altcoins.
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(USDT Dominance 1D Chart)
We have to see if we can get resistance at 3.596 and move down to 3.285.
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(OTHERS 1D chart)
(Market capitalization of altcoins excluding BTC and major coins)
If we get support at 42.612B, we can expect further gains.
Therefore, without a sharp decline in BTC price, altcoins' prices are expected to rise.
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** 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)
ZIL Zilliqa potential breakoutZIL has a chance to make another leg up, after a long consolidation period. approaching the .786 line, ZIL has already confirmed a buy when crossing the 8ema with a 8/21 cross on the daily Time frame - November 6th. forming a very large inverse head and shoulders, a bullish signal has flashed once again. A break past the .786 with close and hold confirmation could lead to some very nice gains. 60% gains to $.035 are possible with the correction conditions being met. thanks for looking!
Altcoin Dominance, Others.DHello
Continuing to answer the question of where Altcoin capitalization will go by the end of 2020, I would like to use the H4 and D framework charts
Currently, After a capitalization growth from 1% in 2016 to a peak of 12%, Altcoin has gone through 3 phases of growth and decrease, as follows:
Running 3 corrected waves from 12% to 4.7% in December 2017, wave A, span 2, frame D4, uptrend of capitalization, correction span to Fibo area 68.4%, hard fibo mark of wave II and difficult to overcome. this
Continuing 2 beats of wave B (Wave B complex running Flat), with a beat from 4.7 to 12 then down to 4.7
Currently, the last 5 up waves in wave B are corrected from 4.7 to 12 again. The period at the time of writing is that wave 4 has just been calibrated, now at rhythm 1 wave 5 this cycle lasts from now to the end of 2020.
Predict the future:
Short-term
Altcoin will rise continuously to the fibo mark above the top of the last rally, hit the target and go down. Refer to the article on the Channel
Mid-term
The market in early 2021 will have a very fast and strong corrective wave to 4.7 again, expected in February - March 2021, then very quickly regain growth and skyrocket to 22% and even high. more.
Long-term
Altcoin is in the longest bull wave ever in terms of capitalization, the market becomes more active and interested in Altcoin more, the market cap may peak at 40-50% of total capitalization. market
If you have questions, please comment below or in the Trade Plus Chat group
All transactions need to place Stop loss, this article reviews about the trend, and for which trading codes you need to consider each chart.
Sincerely thank you
OTHERS.D - Macro FuelBiased of course, but a lot of bullish potential here. Possible inverted H+S, breaking trendlines and resistance, momentum, RSI not been oversold, volume rising. Possibly new bull started back last fall, if this gets a little more confirmation to be sure. Obvs this chart is an abstract mess and should be broken down into isolated parts, but this is a rough view of a few items to watch. Closest way to trade this is probably Sh*tperp , unless you know how to either trade or diversify small caps, which is NOT easy to do. Overall, think this is also bullish for BTC and majors in terms of TOTAL USD capital influx. More fuel. High Octane.
XAUUSD. Gold will rise to the level of resistance.Hi traders!
In the previous chart, our analysis gave a positive result!
The price has reached its target.
Now the price will resume its growth and reach the level of resistance.
Good luck to you!
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This idea does not provide the financial advice.
XAUUSD. The price of gold will rise!Hi subscribers!
The price of gold has recently changed its value,
however, now the price is on the rise and in the near future will grow!
The price will reach a key level at around 1,630,000.
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This idea does not provide the financial advice.