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Dear traders, nice to meet you.
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We'll have to see if we can rise above the 29113.71-29237.14 section for support.
If it falls, we need to make sure we get support at 27243.43
If it falls at 27243.43, it is a short-term Stop Loss.
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(OKEX BTCUSDT 1D chart)
We must see if we can ascend above the 28741.0 point.
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(Coinbase BTCUSD 1D chart)
We must see if we can ascend above 29059.46.
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(BTC Dominance 1D Chart)
We have to see if we can get below the 69.80 point.
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(USDT Dominance 1D Chart)
We have to see if we can get below the 2.754 point.
We need to see if it will drop below the 2.726 point and fill the gap that occurred on August 31st.
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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.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Hence, the interpretation is the same as the conventional Stochastic RSI indicator. (K, D line -> R, S line)
** 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 or losses can be preserved or additionally entered through installment transactions. It is 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.
-------------------------------------------------- -----
We'll have to see if we can rise above the 29113.71-29237.14 section for support.
If it falls, we need to make sure we get support at 27243.43
If it falls at 27243.43, it is a short-term Stop Loss.
--------------------------------------------------
(OKEX BTCUSDT 1D chart)
-------------------------------------------------- ---
(Coinbase BTCUSD 1D chart)
---------------------------------------------
(BTC Dominance 1D Chart)
------------------------------------------------
(USDT Dominance 1D Chart)
We need to see if it will drop below the 2.726 point and fill the gap that occurred on August 31st.
-------------------------------------------------- -------------------------------------------
** 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.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Hence, the interpretation is the same as the conventional Stochastic RSI indicator. (K, D line -> R, S line)
** 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 or losses can be preserved or additionally entered through installment transactions. It is 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/
