readCrypto

Bitcoin (BTC) - April 27

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



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

1st support: 39942.38-40526.64
2nd support: 35045.0-38150.02
- 37253.81-38150.02
- 35045.0-36244.55

Looking at the big picture, the 38150.02-42373.73 section is a sideways section.
However, it only looks dangerous in terms of flow.

In fact, falling below the uptrend line (1) is risky.

(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 the sake of 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)
Comment:
(IXIC (Nasdaq) 1W chart)
It is quite difficult to predict the index, but unless it rises above 12998.50 quickly, it is likely to decline to around 11167.51.

Since BTC price movement tends to be influenced by stock indices after the US stock market opens, it is likely to be volatile after the US stock market opens and after it closes.

However, there will be times when the BTC price moves differently from the IXIC chart at some point.

This will be the time when the coin market starts to behave differently from the stock market.

This move will shift from a market driven by institutional investors to a market driven by large whales, communities and individual investors.

[Example of exchange chart setup]

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

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

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