Hello?
Dear traders, nice to meet you.
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We must see if we can ascend above the 27243.43 point.
If it falls, we need to see if we can get support at 24749.72-25373.14.
If it falls at 24749.72, you need a Stop Loss to preserve your profit or loss.
However, you can touch the uptrend line and go up, so you need to think about how to proceed with Stop Loss.
This is because a'Pull Back' pattern that touches the 22797.16-23800.0 section and rises may appear.
To prevent this flow, you must rise above the 27243.43 point and gain support.
From the wRSI_SR indicator, there is a possibility that the short-term trend of the RS line will occur around January 3rd (January 2nd-4th).
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(OKEX BTCUSDT 1D chart)
You must make sure you are supported at the 26926.3 point.
You should watch for any movement that deviates from the 25111.5-28741.0 section.
If it falls at 24506.6, a Stop Loss is needed to preserve profit and loss.
However, you need to trade carefully as you can touch the uptrend line and go up.
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(Coinbase BTCUSD 1D chart)
We must see if we can ascend above the 27197.74 point.
The volatility around December 30th (December 29th-31st) will have to watch for movements that deviate from the 25336.02-29059.46 segment.
If it declines at 24715.45, you need Stop Loss to preserve your profit and loss.
However, you need to trade carefully as you can touch the uptrend line and go up.
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(BTC Dominance 1D Chart)
You should watch for any movement that deviates from the 69.80-75.13 segment.
You also need to see if you can drop below the 67.44 point.
We believe that the plunge in XRP, which has a high market cap ranking, contributed to the rise in BTC dominance.
Therefore, it seems that BTC dominance should only check the flow of decline and rise.
(XRP Dominance 1W Chart)
It is expected to break below the 1.38 point for the first time after breaking above the 1.38 point in March 2017.
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(USDT Dominance 1D Chart)
As you move down along the downtrend line (6), you need to make sure it touches the 2.754 point.
If it does not rise above the downtrend line (2) or the 3.285 point, the downtrend is expected to continue.
We believe that the USDT dominance should fall so that the coin market is likely to be on an uptrend.
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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 and 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 must see if we can ascend above the 27243.43 point.
If it falls, we need to see if we can get support at 24749.72-25373.14.
If it falls at 24749.72, you need a Stop Loss to preserve your profit or loss.
However, you can touch the uptrend line and go up, so you need to think about how to proceed with Stop Loss.
This is because a'Pull Back' pattern that touches the 22797.16-23800.0 section and rises may appear.
To prevent this flow, you must rise above the 27243.43 point and gain support.
From the wRSI_SR indicator, there is a possibility that the short-term trend of the RS line will occur around January 3rd (January 2nd-4th).
-------------------------------------------------- ----
(OKEX BTCUSDT 1D chart)
You should watch for any movement that deviates from the 25111.5-28741.0 section.
If it falls at 24506.6, a Stop Loss is needed to preserve profit and loss.
However, you need to trade carefully as you can touch the uptrend line and go up.
-------------------------------------------------- ------
(Coinbase BTCUSD 1D chart)
The volatility around December 30th (December 29th-31st) will have to watch for movements that deviate from the 25336.02-29059.46 segment.
If it declines at 24715.45, you need Stop Loss to preserve your profit and loss.
However, you need to trade carefully as you can touch the uptrend line and go up.
--------------------------------------------
(BTC Dominance 1D Chart)
You also need to see if you can drop below the 67.44 point.
We believe that the plunge in XRP, which has a high market cap ranking, contributed to the rise in BTC dominance.
Therefore, it seems that BTC dominance should only check the flow of decline and rise.
(XRP Dominance 1W Chart)
-------------------------------------------------
(USDT Dominance 1D Chart)
If it does not rise above the downtrend line (2) or the 3.285 point, the downtrend is expected to continue.
We believe that the USDT dominance should fall so that the coin market is likely to be on an uptrend.
-------------------------------------------------- -------------------------------------------
** 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 and 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/
