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It rose after touching the 21632.57-22256.0 section.
We need to see if we can climb along the uptrend line (6).
By touching the 22797.16-23800.0 section or below, which was thought to be good to go sideways, it seems that the door to the decline was opened.
If it declines at 21632.57, a Stop Loss is required to preserve profit and loss.
The volatility around December 24th (23th-25th December) will have to see if there is any movement that deviates from the 22256.0-24749.72 range.
You need to see where you get support in the short-term downtrend of the wRSI_SR indicator.
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(OKEX BTCUSDT 1D chart)
It rose after touching the 22087.0 point and the uptrend line (5).
We have to see if we can ascend above 23296.8 points.
If it falls at the 21482.1 point, a Stop Loss is needed to preserve profit and loss.
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(Coinbase BTCUSD 1D chart)
Touched the 22233.15 point and rose.
We have to see if we can climb along the uptrend line (5).
If it falls at 21612.58, you need a Stop Loss to preserve your profit and loss.
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(BTC Dominance 1D Chart)
You need to make sure you can get resistance at point 67.44.
If the flow shifts due to a fall in BTC price and an increase in BTC dominance, it is expected that a plunge will eventually occur.
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(USDT Dominance 1D Chart)
We need to see if we can move down along the downtrend line.
It remains to be seen if there is any movement outside the downtrend line (6)-(2) between December 24-27.
If it rises above the 3.285-3.374 section, I think it is highly likely that the BTC price will shift from sideways to downtrend.
However, you need to trade carefully as you can touch the downtrend line (1) and go down.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** 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 do not trade 24 hours a day.
G1: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
It rose after touching the 21632.57-22256.0 section.
We need to see if we can climb along the uptrend line (6).
By touching the 22797.16-23800.0 section or below, which was thought to be good to go sideways, it seems that the door to the decline was opened.
If it declines at 21632.57, a Stop Loss is required to preserve profit and loss.
The volatility around December 24th (23th-25th December) will have to see if there is any movement that deviates from the 22256.0-24749.72 range.
You need to see where you get support in the short-term downtrend of the wRSI_SR indicator.
-------------------------------------------------
(OKEX BTCUSDT 1D chart)
We have to see if we can ascend above 23296.8 points.
If it falls at the 21482.1 point, a Stop Loss is needed to preserve profit and loss.
--------------------------------------------------
(Coinbase BTCUSD 1D chart)
We have to see if we can climb along the uptrend line (5).
If it falls at 21612.58, you need a Stop Loss to preserve your profit and loss.
-----------------------------------------------
(BTC Dominance 1D Chart)
If the flow shifts due to a fall in BTC price and an increase in BTC dominance, it is expected that a plunge will eventually occur.
------------------------------------------------
(USDT Dominance 1D Chart)
It remains to be seen if there is any movement outside the downtrend line (6)-(2) between December 24-27.
If it rises above the 3.285-3.374 section, I think it is highly likely that the BTC price will shift from sideways to downtrend.
However, you need to trade carefully as you can touch the downtrend line (1) and go down.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** 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 do not trade 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/
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
