readCrypto

At least 1-3 days of support and resistance checks are over

BINANCE:BTCUSDT   Bitcoin / TetherUS
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The reason why I explain the USDT, USDC, BTC.D, USDT.D chart first is that it is judged that the price change of coins (tokens) can be predicted to some extent if the overall money flow of the coin market is known.

(USDT chart)

(USDC chart)

(BTC.D 1W chart)

(USDT.D 1D chart)


You need to see if it rises or falls while creating a gap on the USDT and USDC charts.

On the BTC dominance chart, you need to check if it is trending out of the 43.75-45.68 zone.

On the USDT dominance chart, you need to check if it is trending out of the 6.85-7.25 zone.

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(BTCUSDT 1W chart)
Looking at the 'Vol & Trend' chart, it shows that the trend is about to switch from buying to selling.

Accordingly, it is highly likely that it will decline unless there is an abnormality.

At this time, you need to check if you can get support around 20862.47.


(1D chart)
At the end of the 3rd day you need to see if you are getting support or resistance.

Therefore, it is necessary to check whether the direction will be visible.

Since it is showing resistance at 22487.41 for 3 days, it can be said that a further decline is likely.


If it falls after receiving resistance in the 22426.60-22487.41 section,
1st: 21023.14-21853.06
2nd : 19176.93-20050.02
It is necessary to check whether it is supported in the first and second sections above.


From a short-term perspective, it will be a matter of whether there is a decline in selling pressure.

Because if not, the current price defense will be broken.

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(BTCKRW chart)
The HA-High indicator on the 1W chart is moving and is about to be created at the 29218000 point.

Therefore, it is necessary to check whether the HA-High indicator of the 1W chart is created as it is.

Therefore, the 29164000-29639000 section is an important buying section for mid- to long-term investments.

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- big picture
A full-fledged uptrend is expected to begin when it rises above 29K.

This is the 81K-95K range that we expect to touch in the next bull market.

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** All descriptions are for reference only and do not guarantee profit or loss in investment.

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[Example of exchange chart setup]

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

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