readCrypto

Bitcoin (BTC) - March 19

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BINANCE:BTCUSDT   Bitcoin / TetherUS
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(BTCUSDT 1W Chart) - Mid-Long-Term Perspective
28130.0-29300.0 or higher: Expected to continue upward trend

41950.0-46930.0 or more: Expected to create a new wave.

Strong support section: 28K-32K



(1D chart)
Resistance section: 46487.52-49266.69

Support section: 27033.35-29812.52


It is important to keep the price above 40100.0 to break out of the bottom zone.

The price must remain above the 41950.0-42373.73 band to transition into an uptrend.


The next volatility period is around April 8th.

However, it is necessary to check whether it rises along the rising channel between around March 20-38.

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(BTCUSDTPERP 1h Chart)
(UTC) It is important to keep the price above the M-Signal on the 1D chart.

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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.

(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)

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Comment:
(BTCUSDTPERP 1h Chart)

(15m chart)
If the +100 point on the MRHAB-O indicator declines and holds the price above 41711.1, then I would expect a breakout attempt at 42125.5.

If it moves below 41634.8, we should see support near 41065.3.

[Example of exchange chart setup]

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

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

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