Bitcoin (including BTC, short-term strategy) - December 6
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(1W chart)
If it falls at 17422.0 and at the uptrend line (2), a Stop Loss is needed to preserve profit and loss.
(1D chart)
You should check if you recheck support by touching the uptrend line (2) and between 17422.0-18280.5.
If it is supported and does not rise more than 20K, it is expected to turn into a downward trend. (There is a high possibility that head and solder will be made.)
If it falls from 18751.0, it is a short-term stop loss.
By around December 14th, we need to see if it has risen above the 20093.0 point.
Whatever the current trend is on an upward trend.
I think it is natural that there will be a psychological pressure that cannot increase the high in the highs and it will decline as it goes sideways.
It started to rise from around October 7th and maintained the upward trend without a break until around November 25th, and one price adjustment down adjustment came out.
These moves are expected to come out 1-2 more times in the future.
Therefore, I think it is necessary to check the Stop Loss setting and set a pre-order in installments in order to prevent the loss caused by price adjustment and to minimize the loss that may occur as it leads to a decline.
As individual traders make progressive trading, the market will be smarter and more volatile in price.
To survive this market trend, you need to have a Stop Loss setting and the patience to wait.
It is a very bad trading to wait unconditionally even though the criticism price is high, but the price is falling.
If only this can be avoided, you will have the opportunity to earn money for more periods in the future.
It is recommended to check the 1M chart and 1W chart frequently to find out where the price range of the coins you currently hold is.
You can check it with a 1D chart, but I think it's impossible to see more of the overall period.
If you don't know by looking at the chart, zoom out so that all candles are visible on the screen, draw a horizontal line on the lowest candle and a horizontal line on the highest candle.
Then, draw another horizontal line near the middle of the horizontal lines.
If you draw a total of 5 horizontal lines in this way, you can easily check the highs, middle, and lows.
If the current price is in the high and low range, then the number of holdings should be reduced, and if it is in the middle, the number of holdings should be increased.
If you increase the number of coins in the lows, you can get more profits, but that lengthens the waiting period.
I think this is an investment method that is not suitable for individual traders who have limited investment.
Therefore, when it rises to some extent, I think you need to know how to reduce the waiting time by increasing your investment.
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(BTC Dominance 1D Chart)
We must see if we can get resistance at the uptrend line (5) and move below the 63.38 point.
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(USDT Dominance 1D Chart)
We must see if there is any movement outside the 3.285-3.596 range due to volatility around December 7th.
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** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You should trade from a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
(1W chart)
(1D chart)
You should check if you recheck support by touching the uptrend line (2) and between 17422.0-18280.5.
If it is supported and does not rise more than 20K, it is expected to turn into a downward trend. (There is a high possibility that head and solder will be made.)
If it falls from 18751.0, it is a short-term stop loss.
By around December 14th, we need to see if it has risen above the 20093.0 point.
Whatever the current trend is on an upward trend.
I think it is natural that there will be a psychological pressure that cannot increase the high in the highs and it will decline as it goes sideways.
It started to rise from around October 7th and maintained the upward trend without a break until around November 25th, and one price adjustment down adjustment came out.
These moves are expected to come out 1-2 more times in the future.
Therefore, I think it is necessary to check the Stop Loss setting and set a pre-order in installments in order to prevent the loss caused by price adjustment and to minimize the loss that may occur as it leads to a decline.
As individual traders make progressive trading, the market will be smarter and more volatile in price.
To survive this market trend, you need to have a Stop Loss setting and the patience to wait.
It is a very bad trading to wait unconditionally even though the criticism price is high, but the price is falling.
If only this can be avoided, you will have the opportunity to earn money for more periods in the future.
It is recommended to check the 1M chart and 1W chart frequently to find out where the price range of the coins you currently hold is.
You can check it with a 1D chart, but I think it's impossible to see more of the overall period.
If you don't know by looking at the chart, zoom out so that all candles are visible on the screen, draw a horizontal line on the lowest candle and a horizontal line on the highest candle.
Then, draw another horizontal line near the middle of the horizontal lines.
If you draw a total of 5 horizontal lines in this way, you can easily check the highs, middle, and lows.
If the current price is in the high and low range, then the number of holdings should be reduced, and if it is in the middle, the number of holdings should be increased.
If you increase the number of coins in the lows, you can get more profits, but that lengthens the waiting period.
I think this is an investment method that is not suitable for individual traders who have limited investment.
Therefore, when it rises to some extent, I think you need to know how to reduce the waiting time by increasing your investment.
--------------------------------------------
(BTC Dominance 1D Chart)
------------------------------------------------
(USDT Dominance 1D Chart)
-------------------------------------------------- -------------------------------------------
** 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 do not trade 24 hours a day.
G1: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Comment:
(OKEX BTCUSDTPERP 1h chart)-Short term strategy
The old short-term strategy is in effect, so keep the old short-term strategy.
If you enter any position you enter, you should keep checking the situation.
You're at a point where volatility can occur, so sudden movement can occur.
(LONG)
1.Entry point: When it exceeds 19286.8 point
Target point: 19698.6 point or higher
Stop Loss: 19121.7 point
2. Entry point: When breaking above the 18461.1 point
Target point: 1st 18791.4 point or higher, 2nd 19056.4 point or higher
Stop Loss: 18296.0 point
(SHORT)
Entry point: When breaking below 18296.0 point
Target point: 17879.8 point or less
Stop Loss: 18461.1 point
If you enter any position you enter, you should keep checking the situation.
You're at a point where volatility can occur, so sudden movement can occur.
(LONG)
1.Entry point: When it exceeds 19286.8 point
Target point: 19698.6 point or higher
Stop Loss: 19121.7 point
2. Entry point: When breaking above the 18461.1 point
Target point: 1st 18791.4 point or higher, 2nd 19056.4 point or higher
Stop Loss: 18296.0 point
(SHORT)
Entry point: When breaking below 18296.0 point
Target point: 17879.8 point or less
Stop Loss: 18461.1 point
[Example of exchange chart setup]
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
However, you should check if volatility can deviate from Sideways after the time indicated on the chart.
The periods where rapid volatility can occur are 18237.5-18492.0 and 19149.5-19314.0.
So, to stop your fear of falling, you need to make sure you can Sideways near the 18821.0 point.
(LONG)
1. Entry point: When breaking above the 19314.0 point
Target point: 1st 19807.5 or higher, 2nd 20093.0 or higher
Stop Loss: 19149.5 point
(However, if it falls without breaking above the upward trend line (1), it is a Stop Loss.)
2. Entry point: When breaking above the 18492.0 point
Target point: 18821.0 point or higher
Stop Loss: 18327.5 point
(However, if it falls without breaking above the 18751.0 point, it is a Stop Loss.)
(SHORT)
1. Entry point: When breaking below 18327.5 point
Target point: 17834.0 point or less
Stop Loss: 18492.0 point
(However, if it rises without breaking below 18195.0, it is Stop Loss.)
2. Entry point: When breaking down from 19149.5 point
Target point: 18821.0 point or less
Stop Loss: 19314.0 point
(However, if it rises without breaking below the 18962.0 point, it is a Stop Loss.)