readCrypto

Bitcoin (BTC) - December 28

BINANCE:BTCUSDT   Bitcoin / TetherUS
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We must see if we can ascend above the 27243.43 point.

If it falls, we'll have to see if we can get support and move up the 24749.72-25373.14 range.

If it falls at 24749.72, you need a Stop Loss to preserve your profit or loss.
However, you can touch the uptrend line and go up, so you need to trade carefully.

Touch the uptrend lines (7) and (6) to see what will happen with the volatility that arises.

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(OKEX BTCUSDT 1D chart)
We must see if we can ascend above the 26926.3 point.

If it falls, we'll have to see if it can gain support and move up at 24506.6-25111.5.

If it falls at 24506.6, a Stop Loss is needed to preserve profit and loss.
However, you can touch the uptrend line and go up, so you need to trade carefully.

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(Coinbase BTCUSD 1D chart)
We must see if we can ascend above the 27197.74 point.

If it falls, we'll have to see if we can get support and move higher between 24715.45-25336.02.

If it declines at 24715.45, you need Stop Loss to preserve your profit and loss.
However, you can touch the uptrend line and go up, so you need to trade carefully.

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(BTC Dominance 1D Chart)
You should watch for any movement that deviates from the 69.80-75.13 segment.
You also need to see if you can drop below the 67.44 point.

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(USDT Dominance 1D Chart)
We'll see if we can get resistance at the 2.970 point and see if it can go down.

By falling below the 2.842 point, the altcoin price is expected to rise.
However, it is still unclear whether that price increase can continue.

The next volatility period is around January 1-10.
In particular, be aware of the volatility around January 1st (December 31st-January 2nd) and January 10th (January 9th-11th).

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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Hence, the interpretation is the same as the conventional Stochastic RSI indicator. (K, D line -> R, S line)
** CCI-RC indicator is an indicator created by changing the set value from the existing CCI indicator. Therefore, the interpretation is the same as the existing CCI indicator.
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.

Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment

(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You should trade from a short-term investment perspective.)

GAP refers to the difference in prices that occurred when the stock market, CME and BAKKT exchanges were closed because they are not trading 24 hours a day.
G1: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)

[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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