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Dear traders, nice to meet you.
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We need to see if we can climb along the uptrend line (6).
If it falls at 18719.11, it is a short-term Stop Loss.
If you are having trouble checking the current situation, you can get help in judging by combining what the various indicators show.
However, even if all indicators say rising or falling, if the price moves in the opposite direction, you must trade in the direction the price moves.
The most basic indicators to look at in order to confirm the trend are the Heikin Ashi body candle and MS-Signal line.
This metric is also lagging behind price and volume.
Therefore, it is best to interpret it as the closing price.
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(Coinbase BTCUSD 1D chart)
We have to see if we can climb along the uptrend line (5).
If it falls from 18721.93, it is a short-term Stop Loss.
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(OKEX BTCUSDT 1D chart)
We have to see if we can climb along the uptrend line (5).
If it falls from 18688.8, it is a short-term Stop Loss.
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(BTC Dominance 1D Chart)
We have to see if we can get resistance at 63.38 and move down.
If it goes up, you need to make sure you get resistance at the uptrend line (5).
If BTC price surges or plunges, BTC dominance often rises.
And, when BTC price rises, altcoins' prices sometimes rise.
Even in this case, there are times when BTC dominance rises.
I think that the above movement should not occur at 63.38 and 67.44, which are considered important among the BTC dominance points.
I think that the price of altcoins rises only when they fall unconditionally.
If not, I think altcoins will fall unconditionally. (Excluding circulation pumping of some coins.)
The 63.38 and 67.44 points seem to be the points of volatility.
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(USDT Dominance 1D Chart)
We'll have to see if it can decline in the 3.285-3.374 range.
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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 must 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.
-------------------------------------------------- -----
We need to see if we can climb along the uptrend line (6).
If it falls at 18719.11, it is a short-term Stop Loss.
If you are having trouble checking the current situation, you can get help in judging by combining what the various indicators show.
However, even if all indicators say rising or falling, if the price moves in the opposite direction, you must trade in the direction the price moves.
The most basic indicators to look at in order to confirm the trend are the Heikin Ashi body candle and MS-Signal line.
This metric is also lagging behind price and volume.
Therefore, it is best to interpret it as the closing price.
-------------------------------------------------
(Coinbase BTCUSD 1D chart)
If it falls from 18721.93, it is a short-term Stop Loss.
-----------------------------------------------
(OKEX BTCUSDT 1D chart)
If it falls from 18688.8, it is a short-term Stop Loss.
--------------------------------------------
(BTC Dominance 1D Chart)
If it goes up, you need to make sure you get resistance at the uptrend line (5).
If BTC price surges or plunges, BTC dominance often rises.
And, when BTC price rises, altcoins' prices sometimes rise.
Even in this case, there are times when BTC dominance rises.
I think that the above movement should not occur at 63.38 and 67.44, which are considered important among the BTC dominance points.
I think that the price of altcoins rises only when they fall unconditionally.
If not, I think altcoins will fall unconditionally. (Excluding circulation pumping of some coins.)
The 63.38 and 67.44 points seem to be the points of volatility.
--------------------------------------------
(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 must 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)
[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/
