Bitcoin (BTC) - December 27Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(BTCUSDT 1W Chart) - Mid-Long-Term Perspective
28130.0-29300.0 or higher: Expected to continue upward trend
41950.0-46930.0 or more: Expected to create a new wave.
(1D chart)
First resistance section: 60383.36-63162.53
Second resistance section: near point 71500.03
First support section: near the 54825.02 point
Second support section: 46487.52-49266.69
It must move above the 50931.30 point to turn into an uptrend.
If it falls from the 49266.69 point, a short-term Stop Loss is required.
If it falls in the 45135.66-46930.0 section, Stop Loss is required to preserve profit and loss.
This is because the Stop Loss setting above is judged to be highly likely to increase the selling price as it does not deviate from the important section and declines.
Also, if the CCI line falls below the -100 point in the CCI-RC indicator when it falls below the Stop Loss point above, it is expected to show a downtrend.
However, if the trading volume does not increase, that is, the red width of the OBV in the trading volume indicator does not increase, there is a possibility of a rebound, so countermeasures should be considered.
If the CCI line rises above the zero point and rises above the EMA line before around January 11, when the downtrend line and the zero point cross on the CCI-RC indicator, it is expected to rise near the first support section.
-------------------------------------------
(XBTUSD 1M Chart) - Big Trend
All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction.
Looking at the big picture, I think 4-5 waves are going on.
Depending on how you interpret section A, the wave may be different.
Likewise, you need to be more careful in your trading, because the parts that have not yet been created may have the same flow as section A.
The expected ascent section is near the 80574.0-83397.0 section.
This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section.
There are two large resistance intervals to move up to the expected level.
The two large resistance sections are sections a and b.
If it fails to break through section a upward, I think it can represent the same flow as section A.
If it rises above the 72104.0 point with this rise, it is expected that it will not fall below the 26K-29K section (maximum 21K section) even if a bear market continues.
If the 38K section is touched, it is expected to lead to a sharp rise.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
------------------------------------------------------------ -------------------------------------------
** 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-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator 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.)
---------------------------------
USDC
USDC.D (market cap dominance %) analysis1W/1D:
Prince come into a daily supply zone and formed a new downtrend of LL’s and LH’s with bearish crossover on the MACD and sell on the UCTS. Weekly candle is bearish engulfing also so good confluence of USDC being put into the market instead of being sat in stable coins causing USDC.D to rise.
couple of options could play out when it meets the daily demand zone. Could see a continuation and maintain an uptrend after putting in a new HH, just needs to form a HL. Another option could see demand flip to supply and continue bearish momentum to the bottom of the range.
Bitcoin (BTC) - December 23Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(BTCUSDT 1W Chart) - Mid-Long-Term Perspective
28130.0-29300.0 or higher: Expected to continue upward trend
41950.0-46930.0 or more: Expected to create a new wave.
(1D chart)
Second resistance section: near point 71500.03
First support section: near the 54825.02 point
Second support section: 46487.52-49266.69
It must move above the 50931.30 point to turn into an uptrend.
We need to see if we can move above the 49266.69 point during the December 21-23 volatility period.
If it finds support at the 49152.47 point, I would expect it to turn into a short-term uptrend.
A decline from the 45135.66 point could lead to a fall near the 38150.02 point, requiring a short-term Stop Loss.
However, it is possible to touch the C channel and rebound, so you need to think about how to respond.
The section 45135.66-50931.30 is a sidewalk section.
It is necessary to check whether the red width of OBV in the trading volume indicator changes to the green width.
On the CCI-RC indicator, you need to check whether the CCI line can rise above the zero point and above the EMA line.
When the CCI line crosses the EMA line, there is a possibility of a sudden movement, so careful trading is required.
-------------------------------------
(BTCUSDTPERP 1D Chart)
First resistance section: around 56942.5 point
Second resistance section: 62697.4-65574.9
Support section: around 39677.8 point
In order to turn into an uptrend, the price must rise above the 50758.4 point to hold the price.
Before the 23rd-27th of December, you need to confirm that the price is holding above the 48310.2 point to break out of the downtrend line.
If this is not the case, there is a possibility of a decline to the support zone, so trade cautiously.
The next volatility period is around January 12, 2022.
------------------------------------
(Market Cap Chart)
www.tradingview.com
(All: )
You should see how the flow of money changes rather than changes in the price chart.
So, you should check the trend of USDT chart and USDC chart.
(If the USDT and USDC charts are in an uptrend, the coin market is expected to continue the uptrend.)
We need to see resistance at the 3.374 point and see if we can move below the 3.164 point.
If the following phenomena do not occur, the coin market is expected to maintain an upward trend.
Prelude to a downtrend in the coin market
- BTC price drop
- BTC dominance rise
- USDT dominance rise
In that sense
BTC Dominance (BTC,D): Should rise above the 47.64-48.81 section.
USDT Dominance (USDT.D): Must rise above 3.374 point.
A phenomenon that can be seen as a change in the coin market to a downtrend
- USDT Chart: Falling below 58.376B
- USDC Chart: Falling below 23.858B
- BTC.D chart: rise above 56.78 points
- USDT.D chart: rise above 4.158 point
-------------------------------------------
(XBTUSD 1M Chart) - Big Trend
All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction.
Looking at the big picture, I think 4-5 waves are going on.
Depending on how you interpret section A, the wave may be different.
Likewise, you need to be more careful in your trading, because the parts that have not yet been created may have the same flow as section A.
The expected ascent section is near the 80574.0-83397.0 section.
This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section.
There are two large resistance intervals to move up to the expected level.
The two large resistance sections are sections a and b.
If it fails to break through section a upward, I think it can represent the same flow as section A.
If it rises above the 72104.0 point with this rise, it is expected that it will not fall below the 26K-29K section (maximum 21K section) even if a bear market continues.
If the 38K section is touched, it is expected to lead to a sharp rise.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
------------------------------------------------------------ -------------------------------------------
** 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-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator 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.)
---------------------------------
HEX .28 is INTERMEDIATE levelHEX did well ,breached our 0.24c SL . Our imediate next target was 0.28c (already reached yesterday)
As we speak ,price is resting at daily BB upper line& REtesting the long term downsloping BLUE line .This happens when trend is STRONG +
However ,the daily!! BEAR !! DMI is closing at 12 (under 10 is usually a strong REVERSAL sign-NOT good for the bulls)
Where price will go from here? Easy ! We throw a FIBO from swing low to swing high and we see:
.23 fibo is at .277 cents
.38 fibo is at .267 cents
the big one .618 is at roughly at 18cents ...
NOW ! on extremly strong trends price retrace to .23 FIBO(we are currently on that !!!!!!) ...on STRONG trends price will retrace at .38 FIBO (0.267cents)
Once price will close under 23 cents ,we are looking to 18c . (this price level is .618 FIBO ,bulls FINAL "hopium")
If .18c is breached ,our final target will be meet :0,08c (roughly -60% DOWN and 80+% from where we are now)
Conclusion:
Daily candle close above .29 should send HEX at LEAST to .36cents (.40cents possible)
Daily close above .26 NEUTRAL/BULLISH
Daily close UNDER .23c , IMEDIATE bearish (first target .20 then .18c)
Under .18c EXTREME bearish and capitulation===> TARGET 0.08c
Overall BULLISH if price starts to close under .23c ,BEARISH
Easy!So easy!
Bitcoin (BTC) - December 20Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(BTCUSDT 1W Chart) - Mid-Long-Term Perspective
28130.0-29300.0 or higher: Expected to continue upward trend
41950.0-46930.0 or more: Expected to create a new wave.
In the CCI-RC indicator, the CCI line is falling below the +100 point.
Accordingly, there may be sudden movements, so careful trading is required.
If the CCI line rises above the +100 point and the EMA line rises above the EMA line, the upward trend of BTC price is expected to accelerate.
One interesting phenomenon is that it has been 3 weeks since the RS line has fallen below the 20 point on the wRSI_SR indicator.
We should see if the RS line rises above the 20 point next week to indicate an uptrend.
(1D chart)
First resistance section: 60383.36-63162.53
Second resistance section: near point 71500.03
First support section: near point 54825.02
Second support section: 46487.52-49266.69
It must move above the 50931.30 point to turn into a short-term uptrend.
A decline from the 45135.66 point could lead to a fall near the 38150.02 point, requiring a short-term Stop Loss.
However, it is possible to touch the C channel and rebound, so you need to think about how to respond.
The section 45135.66-50931.30 is a sidewalk section.
It is necessary to check whether the red width of OBV in the volume indicator changes to the green width.
-------------------------------------
(BTCUSDTPERP 1D Chart)
First resistance section: 62697.4-65574.9
Second resistance section: near point 74207.2
First support section: near 56942.5 point
Second support section: near the 48310.2-51187.6 point
In order to turn into an uptrend, the price must rise above the 50758.4 point to hold the price.
Before the 23rd-27th of December, we need to see if the price is above the 48310.2 point to break out of the downtrend line.
If it doesn't, chances are it's going downhill near the 39677.8 point.
The next volatility period is around January 12, 2022.
------------------------------------
(Market Cap Chart)
(Full: )
You should see how the flow of money changes rather than changes in the price chart.
So, you should check the trend of USDT chart and USDC chart.
(If the USDT and USDC charts are in an uptrend, the coin market is expected to continue the uptrend.)
On the USDT.D chart, we need to see if we can move below the 3.374 point during the 20-22 December volatility period.
If the following phenomena do not occur, the coin market is expected to maintain an upward trend.
Prelude to a downtrend in the coin market
- BTC price drop
- BTC dominance rise
- USDT dominance rise
In that sense
BTC Dominance (BTC,D): Should rise above the 47.64-48.81 section.
USDT Dominance (USDT.D): Must rise above 3.374 point.
A phenomenon that can be seen as a change in the coin market to a downtrend
- USDT Chart: Falling below 58.376B
- USDC Chart: Falling below 23.858B
- BTC.D chart: rise above 56.78 points
- USDT.D chart: rise above 4.158 point
-------------------------------------------
(XBTUSD 1M Chart) - Big Trend
All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction.
Looking at the big picture, I think 4-5 waves are going on.
Depending on how you interpret section A, the wave may be different.
Likewise, you need to be more careful in your trading, because the parts that have not yet been created may have the same flow as section A.
The expected ascent section is near the 80574.0-83397.0 section.
This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section.
There are two large resistance intervals to move up to the expected level.
The two large resistance sections are sections a and b.
If it fails to break through section a upward, I think it can represent the same flow as section A.
If it rises above the 72104.0 point with this rise, it is expected that it will not fall below the 26K-29K section (maximum 21K section) even if a bear market continues.
If the 38K section is touched, it is expected to lead to a sharp rise.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
------------------------------------------------------------ -------------------------------------------
** 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-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator 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.)
---------------------------------
Market Cap (BTC.D + USDT.D + USDT + USDC) - December 17Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(Market Cap 1D Chart)
(USDT Dominance (USDT.D) 1D Chart)
(Full: )
On the BTC.D and USDT.D charts, the trading volume (???) that occurred on December 14 is the largest ever.
The figures showing the trading volume are indicated as having generated more than 20T.
It can be seen that there has been a movement to defend the price.
We see gaps in the Dominance Chart, USDT Chart and USDC Chart as a signal that new funds have entered the coin market.
When USDT Dominance (USDT.D) goes down, the coin market shows an upward trend.
Accordingly, it is necessary to confirm whether the coin market will show an upward trend as it receives resistance in the 3.5-3.746 section and falls below the 3.374 point.
------------------------------------------------------------ -------------------------------------------
** 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-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator 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.)
---------------------------------
Bitcoin (BTC) - December 18Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(BTCUSDT 1W Chart) - Mid-Long-Term Perspective
28130.0-29300.0 or higher: Expected to continue upward trend
41950.0-46930.0 or more: Expected to create a new wave.
We are entering the 41950.0-46930.0 section, which is a strong support section.
However, if it declines from the 45135.66 point, there is a possibility of a decline near the 41950.00 point, so a short-term stop loss is necessary.
This short-term Stop Loss will allow for profit preservation and new entry.
In a large trend, it is necessary to check which trend line among the uptrend lines (1)-(4) indicates an uptrend.
A decline from the uptrend line (3) is likely to lead to a decline near the uptrend line (4).
However, I think there is a possibility of touching the uptrend line (4) while finding support in the strong support section of the 28130.0-29300.0 section.
It must rise above the 50931.0 point to turn into an uptrend.
In the CCI-RC indicator, the CCI line is falling below the +100 point.
Accordingly, there may be sudden movements, so careful trading is required.
If the CCI line rises above the +100 point and the EMA line rises above the EMA line, the upward trend of BTC price is expected to accelerate.
One interesting phenomenon is the 3rd week of the wRSI_SR indicator, where the RS line has fallen below the 20 point.
We should see if the RS line rises above the 20 point next week, indicating an uptrend.
-------------------------------------
(BTCUSDTPERP 1D Chart)
First resistance section: 62697.4-65574.9
Second resistance section: near point 74207.2
First support section: near 56942.5 point
Second support section: near the 48310.2-51187.6 point
During the volatility period of 17-19 Dec, we need to find support in the second support zone and see if we can move higher.
In particular, we need to see if we can break out of the short-term downtrend line.
If you find resistance at the 47000 point, it could drop near the 39677.8 point, so you need to think about how to deal with it.
In order to transition into an uptrend, the price must rise above the 51187.6 point to hold the price.
Before the 23rd-27th of December, we need to see if the price is above the 48310.2 point to break out of the downtrend line.
If it doesn't, chances are it's going downhill near the 39677.8 point.
The next volatility period is around January 12, 2022.
------------------------------------
(Market Cap Chart)
(All: )
You should see how the flow of money changes rather than changes in the price chart.
So, you should check the trend of USDT chart and USDC chart.
(If the USDT and USDC charts are in an uptrend, the coin market is expected to continue the uptrend.)
If the following phenomena do not occur, the coin market is expected to maintain an upward trend.
Prelude to a downtrend in the coin market
- BTC price drop
- BTC dominance rise
- USDT dominance rise
In that sense
BTC Dominance (BTC,D): Should rise above the 47.64-48.81 section.
USDT Dominance (USDT.D): Must rise above 3.374 point.
A phenomenon that can be seen as a change in the coin market to a downtrend
- USDT Chart: Falling below 58.376B
- USDC Chart: Falling below 23.858B
- BTC.D chart: rise above 56.78 points
- USDT.D chart: rise above 4.158 point
-------------------------------------------
(XBTUSD 1M Chart) - Big Trend
All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction.
Looking at the big picture, I think 4-5 waves are going on.
Depending on how you interpret section A, the wave may be different.
Likewise, you need to be more careful in your trading, because the parts that have not yet been created may have the same flow as section A.
The expected ascent section is near the 80574.0-83397.0 section.
This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section.
There are two large resistance intervals to move up to the expected level.
The two large resistance sections are sections a and b.
If it fails to break through section a upward, I think it can represent the same flow as section A.
If it rises above the 72104.0 point with this rise, it is expected that it will not fall below the 26K-29K section (maximum 21K section) even if a bear market continues.
If the 38K section is touched, it is expected to lead to a sharp rise.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
------------------------------------------------------------ -------------------------------------------
** 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-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator 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.)
---------------------------------
Bitcoin (BTC) - December 15Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(BTCUSDT 1W Chart) - Mid-Long-Term Perspective
28130.0-29300.0 or higher: Expected to continue upward trend
41950.0-46930.0 or more: Expected to create a new wave.
It is moving downward from the A section, ie the 50931.30 point, finding resistance and turning into a downtrend.
However, looking at the overall trend, it maintains an upward trend.
Therefore, the interval where we can say that the overall trend will turn into a downtrend should fall below the 41950.0-46930.0 interval.
Looking at the CCI-RC indicator, we can see that the CCI line is above the +100 point, indicating that it is already in an uptrend.
However, as it is below the EMA line, it can be said that the uptrend was limited.
If the CCI line breaks above the EMA line and rises, it is expected to lead to a sharp rise.
It is necessary to check if the center line is rising as the green width of the OBV in the volume indicator increases.
An increase in the green width of OBV means that the buying trend is increasing.
One interesting phenomenon is that in the wRSI_SR indicator, when the RS line falls below the 20 point and then rises, it looks like a big uptrend.
See if this applies again.
(1D chart)
First resistance section: 60383.36-63162.53
Second resistance section: near point 71500.03
First support section: near the 54825.02 point
Second support section: 46487.52-49266.69
We need to see if we can find support in the second support zone and move above the 49266.69 point.
The price needs to rise above the 50931.30 point to maintain the short-term uptrend.
(Unlike the previous analysis, the point of transition to a short-term uptrend has changed over time.)
A decline from the 45135.66 point could lead to a fall near the 38150.02 point, requiring a short-term Stop Loss.
However, careful trading is required as there is a possibility of a rebound by touching the C section, which is an uptrend channel.
In the wRSI_SR indicator, it can be seen that the upward divergence has occurred on the surface as the RS line deviates from the convergence section, B section.
However, for this upward divergence to lead to an actual price increase, the red width of OBV in the volume indicator must change to green and increase.
The next volatility period is around December 22.
-------------------------------------
(BTCUSDTPERP 1D Chart)
First resistance section: 62697.4-65574.9
Second resistance section: near point 74207.2
First support section: near 56942.5 point
Second support section: near the 48310.2-51187.6 point
You need to check if you can get support and rise in the second support zone.
In particular, we need to see if we can break out of the short-term downtrend line.
If it falls from the 47000 point, it could fall again near the 39677.8 point, so you need to think about how to deal with it.
In order to transition into an uptrend, the price must rise above the 53233.1 point to hold the price.
The next volatility period is around December 18th (December 17-19).
------------------------------------
(Market Cap Chart)
(All: )
You should see how the flow of money changes rather than changes in the price chart.
So, you should check the trend of USDT chart and USDC chart.
(If the USDT and USDC charts are in an uptrend, the coin market is expected to continue the uptrend.)
The USDT.D chart shows the same movement as section A around the week containing December 13th.
It remains to be seen whether a drop below the 2.910 point will lead to an uptrend, or a move above the 3.374 point for a short-term downtrend.
If the following phenomena do not occur, the coin market is expected to maintain an upward trend.
Prelude to a downtrend in the coin market
- BTC price drop
- BTC dominance rise
- USDT dominance rise
In that sense
BTC Dominance (BTC,D): Should rise above the 47.64-48.81 section.
USDT Dominance (USDT.D): Must rise above 3.374 point.
A phenomenon that can be seen as a change in the coin market to a downtrend
- USDT Chart: Falling below 58.376B
- USDC Chart: Falling below 23.858B
- BTC.D chart: rise above 56.78 points
- USDT.D chart: rise above 4.158 point
-------------------------------------------
(XBTUSD 1M Chart) - Big Trend
All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction.
Looking at the big picture, I think 4-5 waves are going on.
Depending on how you interpret section A, the wave may be different.
Likewise, you need to be more careful in your trading, because the parts that have not yet been created may have the same flow as section A.
The expected ascent section is near the 80574.0-83397.0 section.
This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section.
There are two large resistance intervals to move up to the expected level.
The two large resistance sections are sections a and b.
If it fails to break through section a upward, I think it can represent the same flow as section A.
If it rises above the 72104.0 point with this rise, it is expected that it will not fall below the 26K-29K section (maximum 21K section) even if a bear market continues.
If the 38K section is touched, it is expected to lead to a sharp rise.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
------------------------------------------------------------ -------------------------------------------
** 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-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator 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.)
---------------------------------
The dominance of stablecoins as a divergence tool in BTCOn the top chart we have the BTC/USD index, and on the bottom chart we have the sum of the dominance of the main stablescoins: USDT, USDC, DAI and UST.
As a rule, when the dominance of stablecoins rises, the price of BTC falls.
Just look at the respective numbered arrows. The only exception was arrow number 3, which had a more lateral movement in the dollar's dominance.
Now looking at this exact moment, we have a rise in stablecoin dominance.
The next resistance is at 7.75% (if dominance continues to rise).
Bitcoin (BTC) - December 13Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(BTCUSDT 1W Chart) - Mid-Long-Term Perspective
28130.0-29300.0 or higher: Expected to continue upward trend
41950.0-46930.0 or more: Expected to create a new wave.
Looking at the CCI-RC indicator, we can see that the CCI line is above the +100 point, indicating that it is already in an uptrend.
However, as it is below the EMA line, it can be said that the uptrend was limited.
If the CCI line breaks above the EMA line and rises, it is expected to lead to a sharp rise.
It is necessary to check if the center line is rising as the green width of the OBV in the volume indicator increases.
An increase in the green width of OBV means that the buying trend is increasing.
One interesting phenomenon is that in the wRSI_SR indicator, when the RS line falls below the 20 point and then rises, it looks like a big uptrend.
See if this applies again.
(1D chart)
First resistance section: 60383.36-63162.53
Second resistance section: near point 71500.03
First support section: near the 54825.02 point
Second support section: 46487.52-49266.69
We need to find support in the second support zone and see if we can move above the 50931.30 point.
In order to turn into a short-term uptrend, the price must rise above the 53951.43 point to maintain the price.
A decline from the 45135.66 point could lead to a fall near the 38150.02 point, requiring a short-term Stop Loss.
However, careful trading is necessary as there is a possibility of a rebound by touching the C section, which is an uptrend channel.
The next volatility period is around December 22.
-------------------------------------
(BTCUSDTPERP 1D Chart)
First resistance section: 62697.4-65574.9
Second resistance section: near point 74207.2
First support section: near 56942.5 point
Second support section: near the 48310.2-51187.6 point
It is necessary to check whether the second support section is supported and rises.
If it falls from the 47000 point, it could fall again near the 39677.8 point, so you need to think about how to deal with it.
In order to turn into an uptrend, the price must rise above the 53233.1 point to hold the price.
The next volatility period is around December 18th.
------------------------------------
(Market Cap Chart)
(All: )
You should see how the flow of money changes rather than changes in the price chart.
So, you should check the trend of USDT chart and USDC chart.
(If the USDT and USDC charts are in an uptrend, the coin market is expected to continue the uptrend.)
It is necessary to check whether the same movement as section A is displayed on the USDT.D chart.
Therefore, we expect movement around the week that includes December 13th.
It remains to be seen whether a drop below the 2.910 point will lead to an uptrend, or a move above the 3.374 point for a short-term downtrend.
If the following phenomena do not occur, the coin market is expected to maintain an upward trend.
A harbinger of a transition to a downtrend in the coin market
- BTC price drop
- BTC dominance rise
- USDT dominance rise
In that sense
BTC Dominance (BTC,D): Should rise above the 47.64-48.81 section.
USDT Dominance (USDT.D): Must rise above 3.374 point.
A phenomenon that can be seen as a change in the coin market to a downtrend
- USDT Chart: Falling below 58.376B
- USDC Chart: Falling below 23.858B
- BTC.D chart: rise above 56.78 points
- USDT.D chart: rise above 4.158 point
-------------------------------------------
(XBTUSD 1M Chart) - Big Trend
All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction.
Looking at the big picture, I think 4-5 waves are going on.
Depending on how you interpret section A, the wave may be different.
Likewise, you need to be more careful in your trading, because the parts that have not yet been created may have the same flow as section A.
The expected ascent section is near the 80574.0-83397.0 section.
This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section.
There are two large resistance intervals to move up to the expected level.
The two large resistance sections are sections a and b.
If it fails to break through section a upward, I think it can represent the same flow as section A.
If it rises above the 72104.0 point with this rise, it is expected that it will not fall below the 26K-29K section (maximum 21K section) even if a bear market continues.
If the 38K section is touched, it is expected to lead to a sharp rise.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
------------------------------------------------------------ -------------------------------------------
** 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-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator 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.)
---------------------------------
Bitcoin (BTC) - December 11Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(BTCUSDT 1W Chart) - Mid-Long-Term Perspective
28130.0-29300.0 or higher: Expected to continue upward trend
41950.0-46930.0 or more: Expected to create a new wave.
Looking at the CCI-RC indicator, we can see that the CCI line is above the +100 point, indicating that it is already in an uptrend.
However, as it is below the EMA line, it can be said that the uptrend was limited.
If the CCI line breaks above the EMA line and rises, it is expected to lead to a sharp rise.
It is necessary to check if the center line is rising as the green width of the OBV in the volume indicator increases.
An increase in the green width of OBV means that the buying trend is increasing.
One interesting phenomenon is that in the wRSI_SR indicator, when the RS line falls below the 20 point and then rises, it looks like a big uptrend.
See if this applies again.
(1D chart)
First resistance section: 60383.36-63162.53
Second resistance section: near point 71500.03
First support section: near the 54825.02 point
Second support section: 46487.52-49266.69
We need to see if we can find support in the second support zone and move above the 50931.30 point.
In order to turn into a short-term uptrend, the price must rise above the 53951.43 point to maintain the price.
A decline from the 45135.66 point could lead to a fall near the 38150.02 point, requiring a short-term Stop Loss.
The next volatility period is around December 22.
-------------------------------------
(BTCUSDTPERP 1D Chart)
First resistance section: 62697.4-65574.9
Second resistance section: near point 74207.2
First support section: near 56942.5 point
Second support section: near the 48310.2-51187.6 point
It is necessary to check whether the second support section is supported and rises.
If it falls from the 47000 point, it could fall again near the 39677.8 point, so you need to think about how to deal with it.
In order to transition into an uptrend, the price must rise above the 53233.1 point to hold the price.
The next volatility period is around December 18th.
------------------------------------
(Market Cap Chart)
(Full: )
You should see how the flow of money changes rather than changes in the price chart.
So, you should check the trend of USDT chart and USDC chart.
(If the USDT and USDC charts are trending upward, the coin market is expected to continue the upward trend.)
It is necessary to check whether the same movement as section A is displayed on the USDT.D chart.
Therefore, we expect movement around the week that includes December 13th.
It remains to be seen whether a drop below the 2.910 point will lead to an uptrend, or a move above the 3.374 point for a short-term downtrend.
If the following phenomena do not occur, the coin market is expected to maintain an upward trend.
A harbinger of a transition to a downtrend in the coin market
- BTC price drop
- BTC dominance rise
- USDT dominance rise
In that sense
BTC Dominance (BTC,D): Should rise above the 47.64-48.81 section.
USDT Dominance (USDT.D): Must rise above 3.374 point.
A phenomenon that can be seen as a change in the coin market to a downtrend
- USDT Chart: Falling below 58.376B
- USDC Chart: Falling below 23.858B
- BTC.D chart: rise above 56.78 points
- USDT.D chart: rise above 4.158 point
-------------------------------------------
(XBTUSD 1M Chart) - Big Trend
All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction.
Looking at the big picture, I think 4-5 waves are going on.
Depending on how you interpret section A, the wave may be different.
Likewise, you need to be more careful in your trading, because the parts that have not yet been created may have the same flow as section A.
The expected ascent section is near the 80574.0-83397.0 section.
This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section.
There are two large resistance intervals to move up to the expected level.
The two large resistance sections are sections a and b.
If it fails to break through section a upward, I think it can represent the same flow as section A.
If it rises above the 72104.0 point with this rise, it is expected that it will not fall below the 26K-29K section (maximum 21K section) even if a bear market continues.
If the 38K section is touched, it is expected to lead to a sharp rise.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
------------------------------------------------------------ -------------------------------------------
** 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-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator 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.)
---------------------------------
Bitcoin (BTC) - December 8Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(BTCUSDT 1W Chart) - Mid-Long-Term Perspective
28130.0-29300.0 or higher: Expected to continue upward trend
41950.0-46930.0 or more: Expected to create a new wave.
Looking at the CCI-RC indicator, we can see that the CCI line is above the +100 point, indicating that it is already in an uptrend.
However, as it is below the EMA line, it can be said that the uptrend was limited.
If the CCI line breaks above the EMA line and rises, it is expected to lead to a sharp rise.
It is necessary to check if the center line is rising as the green width of the OBV in the volume indicator increases.
An increase in the green width of OBV means that the buying trend is increasing.
One interesting phenomenon is that in the wRSI_SR indicator, when the RS line falls below the 20 point and then rises, it seems to be a big uptrend.
See if this applies again.
(1D chart)
First resistance section: 60383.36-63162.53
Second resistance section: near point 71500.03
First support section: near the 54825.02 point
Second support section: 46487.52-49266.69
If the price holds above the 49266.69 point, I would expect it to move above the 50931.30 point.
In order to turn into a short-term uptrend, the price must rise above the 53951.43 point to maintain the price.
I think the second support section is an important section that determines the trend.
Therefore, a decline from the 45135.66 point could lead to a decline near the 38150.02 point, requiring a short-term stop loss.
The next volatility period is around December 22.
-------------------------------------
(BTCUSDTPERP 1D Chart)
First resistance section: 62697.4-65574.9
Second resistance section: near point 74207.2
First support section: near 56942.5 point
Second support section: near the 48310.2-51187.6 point
It is necessary to check whether the second support section is supported and rises.
If it falls from the 47000 point, it could fall again near the 39677.8 point, so you need to think about how to deal with it.
In order to transition into an uptrend, the price must rise above the 53233.1 point to hold the price.
The next volatility period is around December 18th.
------------------------------------
(Market Cap Chart)
You should see how the flow of money changes rather than changes in the price chart.
So, you should check the trend of USDT chart and USDC chart.
(If the USDT and USDC charts are in an uptrend, the coin market is expected to continue the uptrend.)
It is necessary to check whether the same movement as section A is displayed on the USDT.D chart.
Therefore, we expect movement around the week that includes December 13th.
It remains to be seen whether a drop below the 2.910 point will lead to an uptrend, or a move above the 3.374 point for a short-term downtrend.
If the following phenomena do not occur, the coin market is expected to maintain an upward trend.
Prelude to a downtrend in the coin market
- BTC price drop
- BTC dominance rise
- USDT dominance rise
In that sense
BTC Dominance (BTC,D): Should rise above the 47.64-48.81 section.
USDT Dominance (USDT.D): Must rise above 3.374 point.
A phenomenon that can be seen as a change in the coin market to a downtrend
- USDT Chart: Falling below 58.376B
- USDC Chart: Falling below 23.858B
- BTC.D chart: rise above 56.78 points
- USDT.D chart: rise above 4.158 point
-----------------------------------------------------
(XBTUSD 1M Chart) - Big Trend
All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction.
Looking at the big picture, I think 4-5 waves are going on.
Depending on how you interpret section A, the wave may be different.
Likewise, you need to be more careful in your trading, because the parts that have not yet been created may have the same flow as section A.
The expected ascent section is near the 80574.0-83397.0 section.
This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section.
There are two large resistance intervals to move up to the expected level.
The two large resistance sections are sections a and b.
If it fails to break through section a upward, I think it can represent the same flow as section A.
If it rises above the 72104.0 point with this rise, it is expected that it will not fall below the 26K-29K section (maximum 21K section) even if a bear market continues.
If the 38K section is touched, it is expected to lead to a sharp rise.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
------------------------------------------------------------ -------------------------------------------
** 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-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator 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.)
---------------------------------
Market Cap (USDT chart + USDC chart) - December 5Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(September 4, 2020)
USDT: 15.831B records
USDC: 2.353B records
A difference of about 7.5 times was recorded.
(today)
USDT: 74.291B on record
USDC: 39.888B on record
About twice as much difference is recorded.
This shows that the amount of money that entered the coin market as a USDC stablecoin has increased dramatically.
This trend is expected to increase until the US crypto asset regulation policy is established.
Bitcoin (BTC) - December 1Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(BTCUSDT 1W Chart) - Medium to Long-Term Perspective
28130.0-29300.0 or higher: expected to continue upward trend
41950.0-46930.0 or more: Expected to create a new wave.
Looking at the CCI-RC indicator, we can see that the CCI line is above the +100 point, indicating that it is already in an uptrend.
However, as it is below the EMA line, it can be said that the uptrend was limited.
If the CCI line breaks above the EMA line and rises, it is expected to lead to a sharp rise.
It is necessary to check if the center line is rising as the green width of the OBV in the volume indicator increases.
An increase in the green width of OBV indicates that the buying trend is increasing.
One interesting phenomenon is that in the wRSI_SR indicator, when the RS line falls below the 20 point and then rises, it looks like a big uptrend.
See if this applies again.
(1D chart)
First resistance section: 60383.36-63162.53
Second resistance section: near point 71500.03
First support section: near the 54825.02 point
Second support section: 46487.52-49266.69
We need to see if we can keep the price above the 56578.21 point.
It must rise above the 59500.0 point to turn into a short-term uptrend.
The price should remain above the 66001.41 point to accelerate the uptrend that started on July 21st.
In the CCI-RC indicator, the CCI line has fallen to the +100 point, so it is expected that it will take time to stock up on strength.
Between December 4th (December 3-5), you should see if the CCI line rises above the +100 point.
If the 53951.43 point declines and finds resistance, a short-term Stop Loss is needed as it is likely to fall near the 41950.0 point.
Even if the above decline occurs, it is highly likely that it will be temporary, so we are not considering it. However, given the nature of the investment market, we should think about countermeasures.
The next volatility period is around December 22.
-------------------------------------
(BTCUSDTPERP 1D Chart)
First resistance section: 62697.4-65574.9
Second resistance section: near point 74207.2
First support section: near 56942.5 point
Second support section: near the 48310.2-51187.6 point
We need to see if we can sustain the price above the first support level.
It needs to move above the 60042.8 point to turn into a short-term uptrend.
The price should remain above the 66927.9 point to accelerate the uptrend.
If the first support area moves downward, it is likely to touch the second support area.
If the second support level is touched, there is a possibility that the price will fall near the 39677.8 point, so you need to be careful when falling below the first support level.
The next volatility period is around December 18th.
------------------------------------
(Market Cap Chart)
You should see how the flow of money changes rather than changes in the price chart.
So, you should check the trend of USDT chart and USDC chart.
If the following phenomena do not occur, the coin market is expected to maintain an upward trend.
A harbinger of a transition to a downtrend in the coin market
- BTC price drop
- BTC Dominance Rise
- USDT dominance rise
In that sense
BTC Dominance (BTC,D): Should rise above the 47.64-48.81 section.
USDT Dominance (USDT.D): Must rise above 3.374 point.
A phenomenon that can be seen as a change in the coin market to a downtrend
- USDT Chart: Falling below 58.376B
- USDC Chart: Falling below 23.858B
- BTC.D chart: rise above 56.78 points
- USDT.D chart: rise above 4.158 point
-----------------------------------------------------
(XBTUSD 1M Chart) - Big Trend
All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction.
Looking at the big picture, I think 4-5 waves are going on.
Depending on how you interpret section A, the wave may be different.
Likewise, you need to be more careful in your trading, because the parts that have not yet been created may have the same flow as section A.
The expected ascent section is near the 80574.0-83397.0 section.
This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section.
There are two large resistance zones to move up to the expected zone.
The two large resistance sections are section a and section b.
If it fails to break through section a upward, I think it can represent the same flow as section A.
If it rises above the 72104.0 point with this rise, it is expected that it will not fall below the 26K-29K section (maximum 21K section) even if a bear market continues.
If the 38K section is touched, it is expected to lead to a sharp rise.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves 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-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it is not publicly available, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator 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.)
---------------------------------
usdc market cap 4 hourPangolin’s Collaboration With Olympus DAO Creates AVAX Bonding Program
Leading Avalanche-Ethereum decentralized exchange, Pangolin has collaborated with Olympus DAO. The collaboration, among other things, is to create a bonding program and create further inroads in marketing efforts.
The collaboration has brought the World's first bonding program on Avalanche (AVAX). Under the bonding program, users would trade for Pangolin governance tokens (PNG) Liquidity Provider (LP) tokens. The trade would occur at a concession to regular rates. Pangolin won't sell them. But would lock them in Olympus' Bond Treasury.
Bonding Programs Come With Many Benefits
Bond programs create far more benefits for decentralized finance (DeFi) institutions than the eye can see.
One of these benefits is the control of liquidity. DeFi institutions get to own and control their liquidity flows in the markets they operate. In this case, Pangolin will have a far greater say in its liquidity flows within the markets where its tokens are listed.
Another benefit is the stabilization of token prices. The cryptocurrency space, and especially the DeFi space, is known for the high volatility of tokens. Bonding programs are known to stabilize the token prices and lower their risk levels.
It also enhances the longevity of its tokens. Yield farmers within the DeFi space are known for their many predatory practices. Their aim, which is always quick profits, is often at odds with project teams' and members' aims.
It gives the PNG token a new lease on life. Bonding helps to bring an elongated view to the Pangolin project. The revenue generated from the programs can now be equitably distributed and will increase participation within the Pangolin ecosystem.
The bonding program has also reduced the exit risk of the project, as Liquidity Providers often set aside a significant amount of their token LP activities. Bonds create breathing space for these LPs as there exists zero motivation to exit early for investors.
The New Partnership Is A Perfect Match
Under the terms of the partnership, Pangolin would list its PNG tokens on the Olympus Pro X bond marketplace. The Olympus Pro X bond marketplace is one of the World's top-tier marketplaces for such bonds within the DeFi space.
Olympus DAO is also one of the leading DeFi structures that are democratically driven. With a solid codebase and governance rules that prevent monopoly, Olympus DAO avoided the human errors that often bring down DeFi institutions of its kind.
Pangolin is also going to draw on the human resources of Olympus DAO. The Olympus DAO team will help Pangolin to improve its project rankings. Thus, bringing in users from the ETH community who are seeking projects that have a long-term perspective.
As a World-first project on Avalanche (AVAX), the bond project will provide proof-of-concept sorely needed within the Avalanche space. It will spur further activity within the Avalanche (AVAX) ecosystem and bring new projects with bold ideas that have potential.
Pangolin proved its mettle in recent times when Ethereum went through its hangover of high transaction fees. Many saw it as a suitable link between Avalanche and Ethereum when things went dark.
Though Ethereum Improvement Proposal (EIP) 1559 has given all of us a breather (somewhat), we need to do more on the road to ETH 2.0. In the meantime, Pangolin is one platform that gives Avalanche (AVAX) D'Apps and their various communities the breathing space needed for innovation to flourish.
While the Ethereum community tries to resolve its issues, hope exists that we will continue our transactions easily. That is, without being at the mercy of the Ethereum miners, who care less about everyone else and more for themselves.
Something antithetical to the community spirit espoused and experienced by the founders and early users.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
btc usdt daily chartWhere will BTC end November 2021? 5 things to watch in Bitcoin this week
Bitcoin Bitcoin
56,948.4+2590.2 (+4.77%)
07:07:59 - Real-time Data
56,946.7
12:00
14:00
57,000.0
56,500.0
57,500.0
Technical Summary
5 Min:Strong buy
Hourly:Buy
Daily:Neutral
Monthly:Strong Buy
What is your sentiment on Bitcoin?
or
(BTC) is back at $57,000 as a new week begins after a late surge produced a much better weekly close than many expected.
Making up for last week’s Coronavirus-induced sell-off and associated price dip, Bitcoin passed $58,000 overnight before consolidating higher, still up around 5.7% on the day.
Bitcoin (BTC) - November 20Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(BTCUSDT 1W Chart) - Mid-Long-Term Perspective
28130.0-29300.0 or higher: Expected to continue upward trend
Looking at the CCI-RC indicator, we can see that the CCI line is above the +100 point, indicating that it is already in an uptrend.
However, as it is below the EMA line, it can be said that the uptrend was limited.
If the CCI line breaks above the EMA line and rises, it is expected to lead to a sharp rise.
It is necessary to check if the center line is rising as the green width of the OBV in the volume indicator increases.
An increase in the green width of OBV indicates that the buying trend is increasing.
(1D chart)
First resistance section: 60383.36-63162.53
Second resistance section: near point 71500.03
First support section: near the 54825.02 point
Second support section: 46487.52-49266.69
It showed departures at 56578.21 and 66001.41 points.
We need to see if support is found above the first support section (53951.43-56578.21) and rises to the first resistance section.
This deviation is shown as the movement of the RS line deviating from the convergence channel in the wRSI_SR indicator.
However, in the CCI-RC indicator, the CCI line fell below the EMA line and below the +100 point, adding to fear of a decline.
So, you should check the movement around November 29th (November 20-30), the volatility period.
If the price holds above the 56578.21 point, I would expect it to rise above the 59500.0 point.
However, it is expected that the price will change to a short-term uptrend only when it rises above the first resistance section and maintains the price.
A decline from the 53951.43 point may touch the second support area, requiring a short-term Stop Loss.
(These short-term Stop Loss is recommended for those who are familiar with short-term trading or those who are located near the average purchase price, and who feel that a response is necessary.
Selling 100% in the short-term Stop Loss section is a very risky trade.
Up to 50% or less, you need enough Stop Loss to calm your psychological state in rising and falling prices.
The short-term Stop Loss section can be a good buying section for those who are new to entering, so you need to check in which section a sudden movement occurs.)
During this period of volatility, you should check for movement outside the 59500.0-71500.03 interval.
-------------------------------------
(BTCUSDTPERP 1D Chart)
First resistance section: 62697.4-65574.9
Second resistance section: near point 74207.2
First support section: near 56942.5 point
Second support section: near the 48310.2-51187.6 point
You touched the first support zone.
It is necessary to check whether there is a sudden movement in the section 54987.2-56942.5.
The sharp move should see if we can move towards the first resistance area between 24-30 Nov.
The next volatility period is around November 29 (maximum November 25-30).
------------------------------------
(Market Cap Chart)
You should see how the flow of money changes rather than changes in the price chart.
So, you should check the trend of USDT chart and USDC chart.
When the prices of BTC and ETH fall, funds are rather coming into the coin market.
A harbinger of a transition to a downtrend in the coin market
- BTC price drop
- BTC Dominance Rise
- USDT dominance rise
In that sense
BTC Dominance (BTC,D): Should rise above the 47.64-48.81 section.
USDT Dominance (USDT.D): Must rise above 3.374 point.
A phenomenon that can be seen as a change in the coin market to a downtrend
- USDT Chart: Falling below 58.376B
- USDC Chart: Falling below 23.858B
- BTC.D chart: rise above 56.78 points
- USDT.D chart: rise above 4.158 point
BTC and ETH are taking turns leading to an upward trend in the coin market.
As I said in my previous post, we need to see if we can lead the upward trend from ETH-led to BTC-led during this period of volatility.
-----------------------------------------------------
(XBTUSD 1M Chart) - Big Trend
All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction.
Looking at the big picture, I think a 4-5 wave is going on.
Depending on how you interpret section A, the wave may be different.
Likewise, you need to be more careful in your trading, because the parts that have not yet been created may have the same flow as section A.
The expected ascent section is near the 80574.0-83397.0 section.
This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section.
There are two large resistance zones to move up to the expected zone.
The two large resistance sections are section a and section b.
If it fails to break through section a upward, I think it can represent the same flow as section A.
If it rises above the 72104.0 point with this rise, it is expected that it will not fall below the 26K-29K section (maximum 21K section) even if a bear market continues.
If the 38K section is touched, it is expected to lead to a sharp rise.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves 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-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released.
(Because it is not public, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying the 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.)
---------------------------------
btc usdt daily chartWant to jump into crypto investing? Ask yourself these 3 questions first
Cryptocurrency, once an obscure corner of the financial world, is going mainstream.
It made its debut on the New York Stock Exchange on Oct. 19 in a ProShares exchange-traded fund BITO, +1.23% tied to bitcoin futures. Artists are making millions selling “tokenized” digital works. And crypto exchanges are advertising on prime-time TV alongside banks and insurers.
But individual investors considering crypto are likely to encounter a world different from what they’ve seen in traditional finance. Prices can fluctuate wildly amid rapid trading in assets backed only by blocks of computer code.
Despite the complexity, experts following the sector say the approach to investing in cryptocurrency isn’t so different from other investments that have a high-risk profile: Don’t invest money you can’t afford to lose, make sure you’ve got your other financial bases covered and remain patient.
“Most of the information that people come across is about crypto trading. It’s about how to buy the next hot crypto. It’s about how to identify the next coin that’s going to the moon,” says Steve Larsen, a certified financial planner in Washington state. “Crypto investing is very different. It’s about buying something that has some fundamentals that you think are going to have value over the long term.”
Larsen, who trains investment advisers to talk to their clients about digital assets, says he believes that the underlying technology, known as blockchain, has potential. In a blockchain network, computers work together to authenticate transactions without the help (and massive costs) of central authorities such as banks or government regulators.
1. Are you in a position to buy crypto?
Generally, if you decide to buy crypto, it belongs in a cluster of relatively risky assets that make up a small percentage of your overall portfolio — 5% to 10% is one common guideline.
Larsen says he doesn’t recommend that anyone invest in cryptocurrency before meeting other goals for both short- and long-term financial health. He says investors should extinguish any consumer debt, for instance, and make sure they’re investing enough to get their employers’ matching contributions to retirement accounts such as 401(k)s.
Beyond that, buying into crypto doesn’t require a substantial financial commitment. Some online exchanges allow customers to buy in increments of a dollar or less.
Mati Greenspan, chief executive of the research firm Quantum Economics, says one way to get into crypto is to put aside a few spare dollars per week.
Related: Buying bitcoin or any other crypto is a huge leap of faith and you don’t want to be the ‘greater fool’
2. Have you done your homework?
Crypto exchanges in recent years have made buying, holding and selling easier. However, if you don’t want to delegate the security of your funds to the operators of the exchange, you’ll have to do some research into how digital wallets work and which one is best for you.
More broadly, though, it helps to understand what blockchain technology is, how competing products are using it and which ones have a shot at success. In addition, there’s a lot of hype around cryptocurrencies, which means investors should have their eyes open for red flags.
“This industry is riddled with coins that have no use case and in many cases are actual outright scams, meaning that they’re just people that are out to get your money,” says Greenspan, who’s based in Tel Aviv, Israel. The trick, he says, is to find the true innovators.
While you might not need a background in coding, it’s worth the effort to look into how a cryptocurrency can be used. One way to do this is to read the white paper, an often technical document laying out how a network will operate.
Bitcoin BTCUSD, -0.54%, for instance, is built to be actual digital money used as payment for goods and services.
Ether , the second-most valuable cryptocurrency, can also be used as payment or to compensate users who help run the Ethereum ETHUSD, -0.58% network. The network is built to execute “smart contracts” that can be settled automatically when certain conditions are met.
Greenspan recommends looking at how the supply of a cryptocurrency is distributed, including whether there’s a maximum supply that can circulate.
He says such inquiries “might be very tedious, but they’ll certainly give you a major spotlight into what’s going to happen with the price of the coin over time.”
Related: Is bitcoin an inflation hedge? As CPI surges to over 31-year high, crypto trades near record high
3. How will you diversify?
All cryptocurrency faces one inherent risk: Blockchain technology is pretty new, and no one knows for sure that it will deliver the economic benefits that its supporters are counting on.
“Any investment … in any crypto asset out there is a bet on the future that transactions, assets and information at large is going to be increasingly stored and transmitted on an underlying blockchain,” says Sean Stein Smith, an assistant professor in business and economics at Lehman College in New York City.
And even if blockchain meets the expectations of people investing in the field, there will still be cryptocurrencies that don’t pan out. Greenspan recommends distributing your investments among several assets that you believe have long-term potential.
See: Should I buy a bitcoin ETF? Here’s what some pros say you should consider
There aren’t many options within the cryptocurrency space that are comparable to mutual funds or other investment vehicles that give everyday investors broad exposure to many assets.
In addition to the new bitcoin-linked ETF BITO, +1.23%, some exchange-traded funds focus on companies working on blockchain-related endeavors. Other ETFs that have been proposed would actually hold crypto, but those have yet to be approved. Investors may also consider the stock of companies in the cryptocurrency industry, such as Coinbase.
Regardless of how you approach cryptocurrency, investment diversification should be considered across your entire portfolio, and alternative investments should typically comprise only one small part of that.
The author owned bitcoin at the time of publication. NerdWallet is not recommending or advising readers to buy or sell bitcoin or any other cryptocurrency.
Bitcoin (BTC) - November 13Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(BTCUSDT 1W Chart) - Mid-Long-Term Perspective
28130.0-29300.0 or higher: Expected to continue upward trend
Looking at the CCI-RC indicator, we can see that the CCI line is above the +100 point, indicating that it is already in an uptrend.
However, as it is below the EMA line, it can be said that the uptrend was limited.
If the CCI line breaks above the EMA line and rises, it is expected to lead to a sharp rise.
It is necessary to check if the center line is rising as the green width of the OBV in the volume indicator increases.
An increase in the green width of OBV means that the buying trend is increasing.
(1D chart)
First resistance section: 60383.36-63162.53
Second resistance section: near point 71500.03
First support section: near the 54825.02 point
Second support section: 46487.52-49266.69
We need to see if we can sustain the price above the first resistance zone.
In particular, we need to see if we can sustain the price above the 66001.41 point.
If the price holds above the 66001.41 point, I would expect a move towards the second resistance zone.
If it closes above the 66001.41 point and falls below the first resistance section, a Stop Loss is required to preserve profit and loss.
However, there may be a rebound in the 53951.43-56578.21 section, so you need to think about how to respond.
I think this rebound is likely a rebound to turn into a downtrend.
It is necessary to check whether the red width of OBV in the trading volume indicator changes to the green width.
In the wRSI_SR indicator, the RS line did not rise above the 80 point and fell, showing a short-term downward trend.
It is necessary to check whether convergence can be achieved within the trend line drawn on the wRSI_SW indicator.
On the CCI-RC indicator, we need to check whether the CCI line can continue rising above the EMA line.
The next volatility period is around November 29th (up to November 21-30).
During this period of volatility, you should check for movement outside the 59500.0-71500.03 interval.
-------------------------------------
(BTCUSDTPERP 1D Chart)
First resistance section: 62697.4-65574.9
Second resistance section: near point 74207.2
First support section: near 56942.5 point
Second support section: near the 48310.2-51187.6 point
To continue the uptrend, we need to see if we can sustain the price above the 66927.9 point.
If it goes down, you should check to see if it finds support in the first resistance zone.
If it falls from the first resistance section, it could fall below the 56942.5 point, so trade cautiously.
However, as you get closer to the 56942.5 point, you need to check whether there is a sharp movement.
The next volatility period is around November 29th.
------------------------------------
(Market Cap Chart)
You should see how the flow of money changes rather than changes in the price chart.
So, you should check the trend of USDT chart and USDC chart.
BTC.D Chart: It is important to find resistance in the range of 47.64-48.81.
USDT.D Chart: A decline below the 2.670 point is critical.
-----------------------------------------------------
(XBTUSD 1M Chart) - Big Trend
All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction.
Looking at the big picture, I think 4-5 waves are going on.
Depending on how you interpret section A, the wave may be different.
Likewise, you need to be more careful in your trading, as the parts that have not yet been created may have the same flow as section A.
The expected ascent section is near the 80574.0-83397.0 section.
This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section.
There are two large resistance zones to move up to the expected zone.
The two large resistance sections are section a and section b.
If it fails to break through section a upward, I think it can represent the same flow as section A.
If it rises above the 72104.0 point with this rise, it is expected that it will not fall below the 26K-29K section (maximum 21K section) even if a bear market continues.
If the 38K section is touched, it is expected to lead to a sharp rise.
------------------------------------------
We recommend that you trade with your average unit price.
This is because if the price is below your average unit price, whether it is in an upward trend or in a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -------------------------------------------
** 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-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released.
(Because it is not public, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator 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.)
btc usd hourly chart Miami Residents Set To Receive Dividends From MiamiCoin
Miami mayor Francis Suarez has announced that citizens of Miami could soon receive Bitcoin as dividends due to the enormous success of MiamiCoin. In doing so, Miami would become the first city in the United States to give residents crypto as dividends.
Suarez outlined his plans in an interview, stating that the city was planning to give proceeds from MiamiCoin directly to its residents in the form of BTC.
“We’re going to be the first city in America to give out bitcoin as a dividend directly to its residents.” Distributing BTC To Miami Residents
The mayor explained that he was exploring ways in which the city could distribute the yield from MiamiCoin directly to its residents. Currently, the plan is to create digital wallets for the residents. The city will then deposit the yield from MiamiCoin into these wallets.
Mayor Suarez claims that so far, $22.2 million have been raised from the sale of the MiamiCoin tokens. Residents of Miami buy tokens, stake them, and earn rewards. The city also plans to give MiamiCoin holders certain benefits for their investment in the near future.
According to mayor Suarez, the revenue generated by MiamiCoin over the past three months equals around $80 million if annualized, potentially covering around one-fifth of Miami’s tax revenue.
“You could theoretically at one point pay the entire tax revenue of the city, and the city could be a city that runs without taxes, which I think would be revolutionary.” Defining Who Is A Miami Resident?
The predicament before city authorities now is how to determine who would receive the Bitcoin in their wallets, with no clear definition of “Miami People.” These could refer to a host of criteria such as residents, taxpayers, voters, or any other criteria set by the city.
Authorities will approach technology companies, which will help create the digital wallets and will also be roped in to put in place a registration system and a verification system to prevent fraud and weed out those individuals who would move to Miami only benefit from the dividends being paid out.
Mayor Suarez admitted that defining who would get the dividends would be a challenge, stating,
“First, you have to define the universe, and that in and of itself is going to be a challenge. Is it going to be, for example, taxpayers, is it going to be people that vote in the city, is it going to be people that have a city address? So that’s going to be a challenge.” A Huge Bitcoin Backer
Mayor Suarez is a huge cryptocurrency enthusiast and has outlined his vision to make Miami a global hub for blockchain technology and crypto. He has actively participated in several events to promote the crypto space.
To alleviate the environmental impact of cryptocurrencies like Bitcoin, the mayor has also offered energy from the city’s nuclear plants, as he tried to benefit from the exodus of miners from China after the Chinese crackdown on Crypto. He also announced that he plans to receive his first paycheck in Bitcoin, to promote BTC’s use as money. New York City Launches NYCCoin
CityCoin, the company behind MiamiCoin, has announced that it has launched a similar token in New York, dubbed the NYCCoin. New York mayor-elect Eric Adams is also a huge backer of Bitcoin, with the launch of the token aligning with his vision to make New York the center of the crypto industry.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Bitcoin (BTC) - November 10Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(XBTUSD 1W Chart) - Mid-Long-Term Perspective
Above the 27650.0-29350.0 section: The upward trend is expected to continue.
Above 47010.0 point: Expected to create a new wave.
As the green width of OBV in the volume indicator increases, it is necessary to check if there is an upward movement in the center line.
On the wRSI_SR indicator, we need to see if the RS line can hold above 80 until the SR line rises above 80.
In the CCI-RC indicator, it is necessary to check whether the CCI line can be maintained above the +100 point.
In particular, it is necessary to check if the flow can be seen to rise above the EMA line.
However, the same movement as in section A may occur, so it is recommended to check that there is an upward movement.
However, as it is a 1W chart, it is reflected too late, so we need to make sure that the price stays above the 58464.0 point.
(1D chart)
First resistance section: 60811.0-63634.5
Second resistance section: near the 72104.0 point
First support section: near 55164.5 point
Second support section: 46695.0-49518.0
If the price holds above the 66059.5 point, it is expected to move towards the 72104.0 point.
If it falls in the first resistance section, Stop Loss is required to preserve profit and loss.
However, a rebound may come after touching the 53967.5-56641.5 section, so you need to think about countermeasures.
(If it touches the 53967.5-56641.5 section and fails to move above the 60811.0 point, it is likely a rebound to turn into a downtrend.)
It is necessary to confirm whether the current movement will change from the movement between November 1st and 9th (maximum October 31st - November 10th).
It is in a period of volatility, so careful trading is required.
The next volatility period is around December 3rd.
----------------------------------
(BTCUSDTPERP 1D Chart)
First resistance section: 62697.4-65574.9
Second resistance section: near point 74207.2
First support section: near 56942.5 point
Second support section: near the 48310.2-51187.6 point
To continue the uptrend, we need to see if we can sustain the price above the 66927.9 point.
If it goes down, you should check to see if it finds support in the first resistance zone.
If it falls from the first resistance section, it could fall below the 56942.5 point, so trade cautiously.
However, as you get closer to the 56942.5 point, you need to check whether there is a sharp movement.
The next volatility period is around November 12 (11-13 November).
------------------------------------
(Market Cap Chart)
You should see how the flow of money changes rather than changes in the price chart.
So, you should check the trend of USDT chart and USDC chart.
BTC.D Chart: It is important to find resistance in the range of 47.64-48.81.
USDT.D Chart: A decline below the 2.670 point is critical.
-----------------------------------------------------
(XBTUSD 1M Chart) - Big Trend
All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction.
Looking at the big picture, I think 4-5 waves are going on.
Depending on how you interpret section A, the wave may be different.
Likewise, you need to be more careful in your trading, as the parts that have not yet been created may have the same flow as section A.
The expected ascent section is near the 80574.0-83397.0 section.
This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section.
There are two large resistance zones to move up to the expected zone.
The two large resistance sections are section a and section b.
If it fails to break through section a upward, I think it can represent the same flow as section A.
If it rises above the 72104.0 point with this rise, it is expected that it will not fall below the 26K-29K section (maximum 21K section) even if a bear market continues.
If the 38K section is touched, it is expected to lead to a sharp rise.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** 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-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator 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.)