readCrypto

Bitcoin (BTC) - December 11

BINANCE:BTCUSDT   Bitcoin / TetherUS
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Between December 11th and 17th, we must watch for movements that deviate from 17892.0-18719.11.
You also need to check if you are rising along the uptrend line (5).

If it falls at 17176.24, you need a Stop Loss to preserve your profit and loss.

We must see if we can get support above 19798.68 by breaking upward to the 18719.11-19300.0 section.

From the wRSI_SR indicator, the RS line fell below 20.
It remains to be seen if there is a short-term uptrend in the near future.

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(Coinbase BTCUSD 1D chart)
As you climb along the uptrend line (4), you should watch for any movement that deviates from 17889.14-18721.93.

If it declines from 17178.0, you need a Stop Loss to preserve profit or loss.

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(OKEX BTCUSDT 1D chart)
Between around December 12th and 19th, we must watch for any movement that deviates from the 17852.6-18688.8 section.
You also need to see if you can climb along the uptrend line (4).

If it declines at 17198.0, a Stop Loss is needed to preserve profit and loss.

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(BTC Dominance 1D Chart)
You should watch for any movements that deviate between the 63.38-rising trend line (5).

If you touch the downtrend line (3) or 64.86 points, the price of altcoins is expected to fall further.

If it falls below 63.38 or below the downtrend line (4), altcoins' prices are expected to start rising.

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(USDT Dominance 1D Chart)
We need to see if we can get resistance at the downtrend line (1) and move down.
We have to see if we can get below the 3.285 point.

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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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