readCrypto

Bitcoin (BTC) - April 18

readCrypto Mod Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
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(BTCUSDT 1W Chart) - Mid-Long-Term Perspective
Resistance: 46487.52-49266.69

1st support: 37253.81-38150.02
2nd support: 32259.90-35045.0

Strong support: 27033.35-29812.52


There are no support and resistance points displayed at the current price position.

Therefore, it is highly likely that the trend will continue in the direction it was going, so you need to trade cautiously.



(1D Chart) - Short-Term and Swing Perspectives
1st resistance: around 42373.73
2nd resistance: around 45135.66

Support: 35045.0-38150.02
- 1st round: 37253.81-38150.02
- 2nd round: 35045.0-36244.55

The display points of some indicators have changed. (38327.21 -> 39942.38)

If it deviates from the section 39942.38-40526.64, a sharp movement is expected.

However, there is a high probability that it will go sideways within the 38150-42373.73 section.


(buy)
- After confirming the support in 40526.64

(Stop Loss)
- When the resistance falls below 39942.38

(Sell)
- When receiving resistance near 42393.73
- When receiving resistance near 45135.66


(buy)
- After confirming the support at 38150.02

(Stop Loss)
- When it falls below 37253.81 and receives resistance
- When it falls below 35045.0

(Sell)
- When resistance is received in the section 40526.64-42373.73
- When receiving resistance near 45135.66

A move above 49152.47 is expected to lead to a surge.

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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.

(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)

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Comment:
(BTCUSDTPERP 1h Chart)
No change in movement yet.

A sharp movement is expected if it deviates from the 39740.7-40500.3 section.

So, you have to be careful with the whipsaw.
Comment:
(BTCUSDTPERP 1h Chart)
It is necessary to check whether there is any movement that deviates from the section 38953.1-39915.9.

[Example of exchange chart setup]

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

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