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Bitcoin (BTC) - May 31hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDT 1W Chart) Resistance: around 38150.02 Strong support: 27033.35-29812.52 It moved higher near 32259.90, breaking out of the RSI oversold zone. If they do, they should check to see if support is found above the 291812.52 level. In order to continue the uptrend from the current point in the mid- to long-term perspective, it should rise above 37253.81. To get out of the RSI oversold zone completely, it needs to rise above 32259.90 to find support. Since the indicator points shown at 32259.90 and 35045.0 are inverted, there is always potential for extreme volatility. (1D chart) Primary resistance: around 32259.90 Secondary resistance: around 35045.0 Strong support: 27033.35-29812.52 - 28923.63-29812.52 - Around 27033.35 If the price holds above 30444.93, it is expected to turn into an uptrend in the short and medium term. If it finds support at 32259.90, I would expect it to move higher than 35286.51. The next volatility period is around June 5 (June 4-6). ------------------------------------------------------------ ----------------------------------------------------- ** 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.) ---------------------------------
by readCrypto
Bitcoin (BTC) - May 30hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDTPERP 1D Chart) Primary resistance: around 32275.6 Secondary resistance: around 35280.2 Support: 27054.1-29840.6 The 27054.1-29840.6 zone is an important support and resistance zone. The key is whether the 27054.1-29840.6 zone can support and move up. In the short-term and medium-term perspective, it needs to rise above 30437.0 and find support to turn into an uptrend. The next volatility period is around June 5th. (1h chart) ** A short-term response is recommended as sharp movements are likely to occur on the 1h chart. The section 28951.7-29840.6 passes the CCI -100 point. Therefore, it is important to keep the price above the 28951.7-29840.6 interval. However, since the 27054.1-29840.6 section is a strong support section, it may temporarily touch the 27054.1 area and rise, so careful trading is required. On the 1h chart, there is a possibility of volatility as of June 1st, so you need to trade with caution. ------------------------------------------------------------ ----------------------------------------------------- ** 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 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.) ---------------------------------
by readCrypto
Bitcoin (BTC) - May 29hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDT 1W Chart) Resistance: around 38150.02 Strong support: 27033.35-29812.52 The key is whether you can get support in the section 27033.35-29812.52. In particular, it is important to find support above 28923.63 to break out of the RSI oversold zone. From a mid- to long-term perspective, it needs to rise above 38150.02 to continue the uptrend. (1D chart) Primary resistance: around 32259.90 Secondary resistance: around 35045.0 Strong support: 27033.35-29812.52 - 28923.63-29812.52 - Around 27033.35 The key is to find support at the 28923.63-29812.52 zone and move higher than 30444.93. If it moves lower from 28923.63, they should check to see if support is found near 27033.35. In the short-term and medium-term perspective, it needs to move above 30444.93 and find support to turn into an uptrend. The next volatility period is around June 5th. Most of the coins are falling near the bottom. At such a time, I think that it is necessary to check the movement of major coins that are expanding the ecosystem in the coin market and establish a strategy for mid- to long-term investment. I think deposit services (earn, staking, landing, farm, etc.) that are developing while complementing the pros and cons of DeFi are this year's hot issue. The coins that are expanding the ecosystem with these services are the major coins mentioned above. The service that funds are tied to the coin ecosystem will lead to the expansion of the coin market and the expansion of the real industry. ------------------------------------------------------------ ----------------------------------------------------- ** 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 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.) ---------------------------------
by readCrypto
2
Bitcoin (BTC) - May 28hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDTPERP 1D Chart) Primary resistance: around 32275.6 Secondary resistance: around 35280.2 Support: 27054.1-29840.6 The 27054.1-29840.6 zone is an important support and resistance zone. The key is whether the 27054.1-29840.6 zone can support and move up. In the short-term and medium-term perspective, it needs to rise above 30437.0 and find support to turn into an uptrend. The next volatility period is around June 5th. (1h chart) ** A short-term response is recommended as sharp movements are likely to occur on the 1h chart. The section 28951.7-29840.6 passes the CCI -100 point. Therefore, it is important to keep the price above the 28951.7-29840.6 interval. However, since the 27054.1-29840.6 section is a strong support section, it may temporarily touch the 27054.1 area and rise, so careful trading is required. As of May 29th on the 1h chart, there is a possibility of volatility, so trade with caution. This volatility has the potential to start a trend with a break from the 27054.1-30971.3 interval. However, there is a possibility that the trend will continue in the opposite direction with a fake. This is because it is likely a fake moving sharply in the opposite direction before departure. ------------------------------------------------------------ ------------------------------------------- ** 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.) ---------------------------------
by readCrypto
Bitcoin (BTC) - May 27hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (BTCUSDT 1W Chart) Resistance: around 38150.02 Strong support: 27033.35-29812.52 The key is whether you can get support in the section 27033.35-29812.52. From a mid- to long-term perspective, it needs to rise above 38150.02 to continue the uptrend. (1D chart) Primary resistance: around 32259.90 Secondary resistance: around 35045.0 Strong support: 27033.35-29812.52 - 28923.63-29812.52 - Around 27033.35 The key is to find support at the 28923.63-29812.52 zone and move higher than 30444.93. If it moves downwards from 28923.63, they should check to see if support is found near 27033.35. Volume is rising above 88.696K, indicating that it is stocking up on strength. The MS-Signal indicator is expected to touch down in the near future. When you touch the MS-Signal indicator, volatility is expected to occur, so it is recommended to think of a strategy in advance. The next volatility period is around June 5th. ------------------------------------------------------------ ----------------------------------------------------- ** 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.) ---------------------------------
by readCrypto
Bitcoin (BTC) - May 26hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (BTCUSDTPERP 1D Chart) Primary resistance: around 32275.6 Secondary resistance: around 35280.2 Support: 27054.1-29840.6 The 27054.1-29840.6 zone is an important support and resistance zone. The key is whether the 27054.1-29840.6 zone can support and move up. In particular, you should see support at the 28951.7-29840.6 section and see if it rises above 30437.0. This is because the MS-Signal indicator is approaching the 30437.0 point. Volatility is expected as it is expected to touch the MS-Signal indicator in the near future. I think this volatility will create a trend. The next volatility period is around June 5th. (1h chart) ** A short-term response is recommended as sharp movements are likely to occur on the 1h chart. The section 28951.7-29840.6 passes the CCI -100 point. Therefore, it is important to keep the price above the 28951.7-29840.6 interval. However, since the 27054.1-29840.6 section is a strong support section, it may temporarily touch the 27054.1 area and rise, so careful trading is required. ------------------------------------------------------------ ----------------------------------------------------- ** 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 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.) ---------------------------------
by readCrypto
Bitcoin (BTC) - May 25hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (BTCUSDT 1W Chart) Resistance: around 38150.02 Strong support: 27033.35-29812.52 The key is whether you can get support in the section 27033.35-29812.52. From a mid- to long-term perspective, it needs to rise above 38150.02 to continue the uptrend. (1D chart) Primary resistance: around 32259.90 Secondary resistance: around 35045.0 Strong support: 27033.35-29812.52 - 28923.63-29812.52 - Around 27033.35 The key is to find support at the 28923.63-29812.52 zone and move higher than 30444.93. If it moves lower from 28923.63, they should check to see if support is found near 27033.35. The MS-Signal indicator is expected to touch down in the not-too-distant future. When you touch the MS-Signal indicator, volatility is expected to occur, so it is recommended to think of a strategy in advance. The next volatility period is around June 5th. ------------------------------------------------------------ ----------------------------------------------------- ** 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 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.) ---------------------------------
by readCrypto
Bitcoin (BTC) - May 24hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (BTCUSDTPERP 1D Chart) Primary resistance: around 32275.6 Secondary resistance: around 35280.2 Support: 27054.1-29840.6 The 27054.1-29840.6 zone is an important support and resistance zone. The key is whether the 27054.1-29840.6 zone can support and move up. It needs to move above 32275.6 to find support in order to turn into an uptrend. It is showing a failure to rise above the 30437.0 point, which is the MACD-P indicator. Accordingly, if it rises above 30437.0, it is expected to rise above 32275.6. In the current flow, I think it is meaningful to find support in the 28951.7-29840.6 section. The reason is that the -100 point (29274.3) of the CCI is marked. (1h chart) ** A short-term response is recommended as sharp movements are likely to occur on the 1h chart. Section 28951.7-29840.6 passes CCI-100 point. Therefore, it is important to keep the price above the 28951.7-29840.6 interval. However, since the 27054.1-29840.6 section is a strong support section, it may temporarily touch the 27054.1 area and rise, so careful trading is required. ------------------------------------------------------------ ----------------------------------------------------- ** 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.) ---------------------------------
by readCrypto
Bitcoin (BTC) - May 23hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (BTCUSDT 1W Chart) Resistance: around 38150.02 Strong support: 27033.35-29812.52 The key is whether you can get support in the section 27033.35-29812.52. From a mid- to long-term perspective, it needs to rise above 38150.02 to continue the uptrend. (1D chart) Primary resistance: around 32259.90 Secondary resistance: around 35045.0 Strong support: 27033.35-29812.52 - 28923.63-29812.52 - Around 27033.35 It needs to move above 32259.9 to turn into an uptrend. Accordingly, the increase in trading volume (over 88.696K) should continue. We should see if there is an attempt to move higher above 32259.90 while holding the price above 29812.52. Currently, the price is rising as the volume is decreasing. In this case, if the selling price increases even a little, a sharp decline can occur, so careful trading is required. The next volatility period is around June 5th. ------------------------------------------------------------ ----------------------------------------------------- ** 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.) ---------------------------------
by readCrypto
Bitcoin (BTC) - May 22 (RSI Indicator)hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (BTCUSD 1M Chart) The RSI line is approaching an all-time low. (1W chart) The RSI line is falling below the low of the week of March 9, 2020. (1D chart) The lowest RSI since BTC price hit ATH was January 20, 2022. If the current price moves sideways, we expect the 1W chart to break out of the RSI oversold zone in the near future. I think this movement can be interpreted as a movement to get out of the floor section. However, it is important to check whether the RSI finds support in the 27K-29K range, as the RSI may fail to move higher after exiting the oversold zone and may lead to further declines. ------------------------------------------------------------ ------------------------------------------- ** 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.) ---------------------------------
COINBASE:BTCUSD
by readCrypto
Bitcoin (BTC) - May 21hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (BTCUSDTPERP 1D Chart) Primary resistance: around 32275.6 Secondary resistance: around 35280.2 Support: 27054.1-29840.6 The 27054.1-29840.6 zone is an important support and resistance zone. The key is whether the 27054.1-29840.6 zone can support and move up. To convert into an uptrend, it needs to move above 32275.6 to find support. The volatility period is around June 5th. (1h chart) ** A short-term response is recommended as sharp movements are likely to occur on the 1h chart. The section 28951.7-29840.6 passes the CCI -100 point. Therefore, it is important to keep the price above the 28951.7-29840.6 interval. However, since the 27054.1-29840.6 section is a strong support section, it may temporarily touch the 27054.1 area and rise, so careful trading is required. ------------------------------------------------------------ ----------------------------------------------------- ** 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 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.) ---------------------------------
by readCrypto
Bitcoin (BTC) - May 20hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (BTCUSDT 1W Chart) Resistance: around 38150.02 Strong support: 27033.35-29812.52 The key is whether you can get support in the section 27033.35-29812.52. From a mid- to long-term point of view, it needs to rise above 40K to continue the uptrend. (1D chart) Primary resistance: around 32259.90 Secondary resistance: around 35045.0 Strong support: 27033.35-29812.52 - 28923.63-29812.52 - Around 27033.35 In order to transition into an uptrend, it needs to find support and move upwards at the 32259.9-35045.0 section. Accordingly, the increase in trading volume (over 88.696K) should continue. The next volatility period is around June 5th. ------------------------------------------------------------ ----------------------------------------------------- ** 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.) ---------------------------------
by readCrypto
Bitcoin (BTC) - May 19hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (BTCUSDTPERP 1D Chart) Primary resistance: around 32275.6 Secondary resistance: around 35280.2 Support: 27054.1-29840.6 The 27054.1-29840.6 zone is an important support and resistance zone. The key is whether the 27054.1-29840.6 zone can support and move up. To convert into an uptrend, it needs to move above 32275.6 to find support. (1h chart) ** A short-term response is recommended as sharp movements are likely to occur on the 1h chart. The section 28951.7-29840.6 passes the CCI -100 point. Therefore, it is important to keep the price above the 28951.7-29840.6 interval. However, since the 27054.1-29840.6 section is a strong support section, it may temporarily touch the 27054.1 area and rise, so careful trading is required. ------------------------------------------------------------ ----------------------------------------------------- ** 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 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.) ---------------------------------
by readCrypto
1
Bitcoin (BTC) - May 18hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (BTCUSDT 1W Chart) Resistance: around 38150.02 Strong support: 27033.35-29812.52 The indicators passing through points 32259.90 and 35045.0 are inverted. As a result, volatility may occur around this interval. The key is whether you can get support in the section 27033.35-29812.52. From a mid- to long-term point of view, it needs to rise above 40K to continue the uptrend. (1D chart) Primary resistance: around 32259.90 Secondary resistance: around 35045.0 Strong support: 27033.35-29812.52 - 28923.63-29812.52 - Around 27033.35 In order to transition into an uptrend, it needs to find support and move upwards at the 32259.9-35045.0 section. Accordingly, the increase in trading volume should continue. When passing the 32259.9-35045.0 section, I believe that the volume should continuously occur above 88.696K. The indicator corresponding to the -100 point of the CCI indicator is rising from 7354.11 to 29287.05. Therefore, if it falls below 29287.05, there is a possibility that it will turn into a downtrend, so you need to trade cautiously. Taken together, the 27033.35-29812.52 section is an important support section. The next volatility period is around June 5th. ------------------------------------------------------------ ------------------------------------------- ** 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.) ---------------------------------
by readCrypto
1
Bitcoin (BTC) - May 17hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (BTCUSDTPERP 1D Chart) Primary resistance: around 32275.6 Secondary resistance: around 35280.2 Support: 27054.1-29840.6 The 27054.1-29840.6 zone is an important support and resistance zone. The key is whether the 27054.1-29840.6 zone can support and move up. To convert into an uptrend, it needs to move above 35280.2 to find support. (1h chart) ** A short-term response is recommended as sharp movements are likely to occur on the 1h chart. The section 28951.7-29840.6 passes the CCI -100 point. Therefore, it is important to keep the price above the 28951.7-29840.6 interval. However, since the 27054.1-29840.6 section is a strong support section, it may temporarily touch the 27054.1 area and rise, so careful trading is required. A weak volume profile section is formed over the section 30971.3-34813.3. Therefore, it needs to move above 35280.2 to continue the uptrend. ------------------------------------------------------------ ------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for 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.) ---------------------------------
by readCrypto
Bitcoin (BTC) - May 16hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (BTCUSDT 1W Chart) Resistance: around 38150.02 Strong support: 27033.35-29812.52 The indicators passing through points 32259.90 and 35045.0 are inverted. As a result, volatility may occur around this interval. With the current volume above 612K, we believe the minimum volume for a reversal has occurred. It is expected to be a week to see if support can be found by moving up to the 32259.9-35045.0 section. From a mid- to long-term perspective, it needs to rise above 40K to continue the uptrend. (1D chart) Primary resistance: around 32259.90 Secondary resistance: around 35045.0 Strong support: 27033.35-29812.52 - 28923.63-29812.52 - Around 27033.35 In order to transition into an uptrend, it needs to find support and move upwards at the 32259.9-35045.0 section. Accordingly, the increase in trading volume should continue. When passing the 32259.9-35045.0 section, I believe that the volume should continuously occur above 88.696K. The indicator corresponding to the -100 point of the CCI indicator is rising from 7354.11 to 29287.05. Therefore, if it falls below 29287.05, there is a possibility that it will turn into a downtrend, so you need to trade cautiously. Taken together, the 27033.35-29812.52 section is an important support section. The next volatility period is around June 5th. ------------------------------------------------------------ ----------------------------------------------------- ** 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.) ---------------------------------
by readCrypto
3
Bitcoin (BTC) - May 15hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (BTCUSDT 1W Chart) Volume rose over 612K, which was above average. However, I think it is still not enough to reverse the trend. Volume is expected to rise above 1.224M for an opportunity to reverse the trend. (BTCUSDTPERP 1D Chart) Resistance: 35280.2-38200.0 Support: 27054.1-29840.6 The 27054.1-29840.6 zone is an important support and resistance zone. Therefore, if it falls below 27054.1, there is a possibility of a sharp movement and a touch near 21481.1. These moves are likely to be temporary and are expected to rise above 27054.1 again. The key is whether the 27054.1-29840.6 zone can support and move up. It needs to move above 32275.6 to find support in order to turn into an uptrend. (1h chart) ** A short-term response is recommended as sharp movements are likely to occur on the 1h chart. It's a good idea to check which direction you're heading off the 28951.7-29840.6 section. A move above 29840.6 is expected to trigger a breakout attempt to move above 30971.3. At this time, if the breakout fails, there is a possibility that it will fall to around 27054.1, so careful trading is required. A move above 30971.3 to find support is expected to lead to further upside. If it moves below 28951.7, we should see support near 27054.1. ------------------------------------------------------------ ----------------------------------------------------- ** 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.) ---------------------------------
by readCrypto
2
Bitcoin (BTC) - May 14hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (BTCUSDT 1W Chart) Resistance: around 38150.02 Strong support: 27033.35-29812.52 It is important to have support in the section 27033.35-29812.52. If it falls below 27033.35, it is expected to turn into a downtrend from a mid- to long-term perspective. However, looking at the diagonal Fibonacci, I think there is a high possibility that it will temporarily fall below 27033.35 and then rise. We need to see if the volume can rise above 1.224M this week. If the volume rises above 1.224M, I think it is highly likely to reverse the trend. (1D chart) Primary resistance: around 32259.90 Secondary resistance: around 35045.0 Strong support: 27033.35-29812.52 - 28923.63-29812.52 - Around 27033.35 Support should be found in the 27033.35-29812.52 zone as more volume occurs. In particular, the volume above 88.696K should continue to occur. Since the volume profile section is formed around 28923.63, it is more important to be supported in the section 28923.63-29812.52. The next volatility period is around June 5th. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. 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.) ---------------------------------
by readCrypto
Bitcoin (BTC) - May 13hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (BTCUSDTPERP 1D Chart) Primary resistance: around 35280.2 Secondary resistance: around 38200.0 Support: 27054.1-29840.6 - around 27054.1 - 28951.7-29840.6 If the 27054.1-29840.6 section is supported with a trading volume of 766.5K or more, it is expected to rebound. However, you should watch the flow carefully as there is a possibility that it may move near the uptrend line before moving up and then move up. It must rise above 35280.2 to turn into an uptrend. (1h chart) ** A short-term response is recommended as sharp movements are likely to occur on the 1h chart. It is falling while failing to rise above 29840.6. It is necessary to check whether there is support in the section 27054.1-28951.7. If it finds support (if it finds support again near the 27054.1 area), it is expected to lead to a move towards moving higher above 29840.6 again. If this attempt fails, it is likely to drop below 27054.1, so trade cautiously. ------------------------------------------------------------ ----------------------------------------------------- ** 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.) ---------------------------------
by readCrypto
1
(Un)stablecoinsBe aware, there's a reoccurring theme in stablecoins lately, and doesn't seem to be getting better yet. Many crypto/assets are down more about 50% in a few weeks! Now would be a good time to partially close some shorts issued against stablecoins, or if you sold lots of crypto and hold stablecoins which are still lucky enough to be stable: USDT, BUSD, and a few small others. There seems to be a theme like falling dominoes of failing pegs, for various reasons, including a combination of cyclical pressure, delays in peg liquidity, activist traders, and others. In all the panic and crazyness, a decent short-term long entry is not out of the question if you are into swing trading. I don't want to know will happen if USDT breaks more than a few percent away from the peg, though. Does that mean the dollars are useless and suddenly assets become a good hedge again? Or does everything become worthless? There's risk everywhere and it's often worth waiting. We DO NOT know if it's about to get much worse or not. It's hard to ultimately judge upward/downward risk with such volatility. We could be at the beginning of capitulation or near the middle, but I don't think we are near the end yet. We shouldn't assume it will simply go up if we decide to buy it simply because it's cheap. I'm seeing risky long-term longs until at least June or July. Historically it's not safe to buy a falling knife like this unless you like serious risk, and I wouldn't automatically assume the general market is oversold enough to recover yet, even though it looks oversold. Hopefully this raises some macro awareness if you didn't know about this crazy situation! Let me know what you think, and I hope you weren't holding too many UST. Good luck and don't forget to hedge your bets.
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by fringe_chartist
1