BINANCE:BTCUSDT   Bitcoin / TetherUS
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( BTCUSDT 1W Chart)
Resistance: 27033.35-29812.52

1st support: around 21475.02
2nc support: 13137.51-15916.68

The key is to find support and move higher near 21475.52.

If it falls below 19695.87 and finds resistance, it is likely to decline to the 13137.51-15916.68 section, so careful trading is required.

The 19695.87-21475.52 section is the previous high, so it is expected to rebound if supported.

This rebound is expected to be classified as an uptrend or a rebound depending on whether it breaks through the uptrend line.

(1D chart)
It is necessary to check whether there is a movement that deviates from the section 19695.87-22487.41.

If it moves above 22487.41, you should check for resistance near the uptrend line.

If it falls below 19695.87, you should check to see if it is heading towards 15916.68.

The next volatility period is around July 13th.

The trades below are valid until they fall below 19695.87.
- After confirming the support in the section 21475.02-22487.41

(Stop Loss)
- When it falls below 19695.87 and receives resistance

- When resistance near an uptrend line
- When resistance is received in the section 27033.35-29812.52

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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume .
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.)

Comment: (BTCUSDTPERP 1h Chart)

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