The volume profile section created on the 12M chart is...
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(USDT 1D chart)
I need to see if I can keep it at 66.442B or higher.
(USDC 1D chart)
I need to see if a move out of 44.07B-44.807B can come out.
The rise in the gap between USDT and USDC is considered to be a sign of new funds entering the coin market.
(BTC.D 1D chart)
An increase in BTC dominance means that funds will be concentrated towards BTC.
We need to see if it can rise above 42.72.
(USDT.D 1D chart)
An increase in USDT dominance means that the coin market is likely to decline.
We need to see if it can drop below 8.11.
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(BTCUSDT 1W chart)
A trend is likely to form out of 15475.10-17880.71.
In particular, it is necessary to check whether the price can be maintained above 16542.40, which is the volume profile section that is being formed on the 12M chart.
(1D chart)
The key is whether it can be supported above the HA-Low point of 16590.54 and rise above the MS-Signal.
If not, you should check for support around 16428.78.
When a new candlestick is created on the 12M chart, a new volume profile section is being formed.
Therefore, it became an opportunity to know how important the area around 16428.78 is.
When StochRSI breaks out of the oversold zone, you should check if the price is holding above 16428.78-16590.54.
The next volatility period is around January 21-30.
If this uptrend ends with a one-off,
1st: 17880.71
2nd : 19176.93-20050.02
It is expected to touch the vicinity and fall.
If the new trend breaks, i.e. falls below 16428.78,
1st: 15475.10
2nd : 14.8K
3rd : 13500-13761.50
It is expected to touch the vicinity.
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- big picture
I think you need to be supported in the 13K-15K section to get the power to rise.
Therefore, whether it is rising or falling from its current position, a short-term response is required.
A full-fledged uptrend is expected to start when it rises above 29K.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(USDT 1D chart)
(USDC 1D chart)
The rise in the gap between USDT and USDC is considered to be a sign of new funds entering the coin market.
(BTC.D 1D chart)
We need to see if it can rise above 42.72.
(USDT.D 1D chart)
We need to see if it can drop below 8.11.
---------------------------------------
(BTCUSDT 1W chart)
In particular, it is necessary to check whether the price can be maintained above 16542.40, which is the volume profile section that is being formed on the 12M chart.
(1D chart)
The key is whether it can be supported above the HA-Low point of 16590.54 and rise above the MS-Signal.
If not, you should check for support around 16428.78.
When a new candlestick is created on the 12M chart, a new volume profile section is being formed.
Therefore, it became an opportunity to know how important the area around 16428.78 is.
When StochRSI breaks out of the oversold zone, you should check if the price is holding above 16428.78-16590.54.
The next volatility period is around January 21-30.
If this uptrend ends with a one-off,
1st: 17880.71
2nd : 19176.93-20050.02
It is expected to touch the vicinity and fall.
If the new trend breaks, i.e. falls below 16428.78,
1st: 15475.10
2nd : 14.8K
3rd : 13500-13761.50
It is expected to touch the vicinity.
------------------------------------------
- big picture
I think you need to be supported in the 13K-15K section to get the power to rise.
Therefore, whether it is rising or falling from its current position, a short-term response is required.
A full-fledged uptrend is expected to start when it rises above 29K.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
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Trade active:
(BTCUSDTPERP 1h chart)
The 16491.9-16531.4 section and the 16730.0-16801.2 section are the sections that I think it is better not to trade if possible.
A move above 16580.6-16613.5 is needed to trigger an uptrend.
Therefore, if possible, it is recommended to enter 'LONG' after confirming that it is supported and rising in the 16580.6-16613.5 section.
It entered 'LONG' aggressively in the 16491.9-16531.4 section and entered 'LONG' again after closing one transaction.
After seeing resistance around 16613.5, I sold the first round.
2nd selling point: 16730-16801.2
S/L: Entry purchase price
A move above 16580.6-16613.5 is needed to trigger an uptrend.
Therefore, if possible, it is recommended to enter 'LONG' after confirming that it is supported and rising in the 16580.6-16613.5 section.
It entered 'LONG' aggressively in the 16491.9-16531.4 section and entered 'LONG' again after closing one transaction.
After seeing resistance around 16613.5, I sold the first round.
2nd selling point: 16730-16801.2
S/L: Entry purchase price
Trade active:
(BTCUSDTPERP 1h chart)
In principle, it is recommended to close the 'LONG' position entered near 'L2' by touching the M-Signal on the 1D chart.
The first sale was made by touching the vicinity of 16730.0-16801.2.
Therefore, if you want to wait a bit longer, you can close your trade when the price drops below the 5EMA line on the 1D chart.
The second selling point is around 16938.1.
The final trading exit for the 'LONG' position is around 17108.7.
The first sale was made by touching the vicinity of 16730.0-16801.2.
Therefore, if you want to wait a bit longer, you can close your trade when the price drops below the 5EMA line on the 1D chart.
The second selling point is around 16938.1.
The final trading exit for the 'LONG' position is around 17108.7.
[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/
Be careful, if you continue to break the rules, you may break the rules more in the future, rendering the trading strategy you have created useless.