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Bitcoin (BTC) - December 12

BINANCE:BTCUSDT   Bitcoin / TetherUS
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We must watch for movements that deviate from 17176.24-18719.11 around December 11-17.
In particular, you need to check if you can climb along the uptrend line (5).

It remains to be seen if there is a strong upward break above the 18719.11 point as it rises along the uptrend line (5).

At this time, if there is a rising trend above the 19300.0 point, it is expected that there will be an attempt to climb above the 19798.68 point soon after.

Conversely, if it falls from 17176.24, I think there is a possibility that it will lead to the flow of touching the 1596.0 point.

It remains to be seen if it can break above the 18719.11 point, increasing by the volume that occurred on November 5th.

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(Coinbase BTCUSD 1D chart)
Until around December 14th, we should watch for movements that deviate from the 17178.0-18721.93 section.
In particular, you need to check if you can climb along the uptrend line (4).

If it falls from 17178.0, you need a Stop Loss to preserve your profit or loss.
However, the 15977.67 point that is considered a turning point in a downward trend requires careful trading.

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(OKEX BTCUSDT 1D chart)
We must watch for movements that deviate from the 17198.0-18688.8 section around December 12-19.
Specifically, you need to check if it is rising along the uptrend line (4).

If it declines at 17198.0, a Stop Loss is required to preserve profit and loss.
However, the 15879.9 point that is considered a turning point for a downtrend is the point, so careful trading is necessary.

A rise above the 18688.8 point is expected to rise above the 19667.3 point of the Fibonacci retracement rate.

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(BTC Dominance 1D Chart)
We have to see if we can get below the 63.38 point.
If I get resistance at the uptrend line (5), I think there is a chance it will fall below the 63.38 point.

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(USDT Dominance 1D Chart)
We need to see if we can get resistance and fall at the uptrend line (1) or at 3.760.

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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 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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