Bitcoin (BTC) - June 13 (SL from a Long-Term Perspective)
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(BTCUSDTPERP 1D Chart)
** Critical Support and Resistance Points and Zones **
- 35280.2: A point to continue the upward trend from a mid- to long-term point of view
- 32275.6
- 28951.7-29840.6: Section for transitioning to an uptrend from a short-term and medium-term perspective
- 27054.1: The boundary point between an uptrend and a downtrend in the long term
- 21481.1-22000.0
The next volatility period is around July 16th.
(1h chart)
** A short-term response is recommended as sharp movements are likely to occur on the 1h chart.
Points 27054.1, 28951.7, 29840.6, 30971.3, and 32275.6 are important points.
This is the boundary point of the formed box sections (27054.1-32275.6, 28951.7-30971.3, 28951.7-29840.6), so you need to make sure you have support and resistance at these points.
When consolidating above 28951.7, the period of volatility on the 1h chart is around June 16th.
When it falls below 27054.1, Stop Loss is required to preserve profit and loss.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** 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.)
---------------------------------
Traders, welcome.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(BTCUSDTPERP 1D Chart)
- 35280.2: A point to continue the upward trend from a mid- to long-term point of view
- 32275.6
- 28951.7-29840.6: Section for transitioning to an uptrend from a short-term and medium-term perspective
- 27054.1: The boundary point between an uptrend and a downtrend in the long term
- 21481.1-22000.0
The next volatility period is around July 16th.
(1h chart)
** A short-term response is recommended as sharp movements are likely to occur on the 1h chart.
Points 27054.1, 28951.7, 29840.6, 30971.3, and 32275.6 are important points.
This is the boundary point of the formed box sections (27054.1-32275.6, 28951.7-30971.3, 28951.7-29840.6), so you need to make sure you have support and resistance at these points.
When consolidating above 28951.7, the period of volatility on the 1h chart is around June 16th.
When it falls below 27054.1, Stop Loss is required to preserve profit and loss.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** 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.)
---------------------------------
Comment:
(BTCUSDT 1D Chart)
The Stop Loss I mentioned earlier was 60383.36 and 45135.66.
And, the 27033.35 point I mentioned a few days ago is the Stop Loss point.
This is an important inflection point when looking at the big picture.
This Stop Loss point will be an important inflection point as the uptrend continues.
And, the 27033.35 point I mentioned a few days ago is the Stop Loss point.
This is an important inflection point when looking at the big picture.
This Stop Loss point will be an important inflection point as the uptrend continues.
Comment:
(BTC + BTC.D + USDT.D + US 100 CFD (NASDAQ) 1D Chart)
To switch to a BTC-led bear market
- BTC price drop
- BTC dominance rise
- USDT dominance rise
However, the current situation
- BTC price drop
- BTC Dominance Decline
- USDT dominance rise
A decline in BTC dominance makes it more likely that altcoins will show an upward trend.
However, since BTC price is falling, we can see that the decline of altcoins is slower than the decline of BTC price.
So, if the BTC price turns sideways, we can see that it has the potential to lead to altcoins pumping.
It is unknown whether the altcoin pumping will be very large, but it is expected that it will lead to a move higher than 10%.
- BTC price drop
- BTC dominance rise
- USDT dominance rise
However, the current situation
- BTC price drop
- BTC Dominance Decline
- USDT dominance rise
A decline in BTC dominance makes it more likely that altcoins will show an upward trend.
However, since BTC price is falling, we can see that the decline of altcoins is slower than the decline of BTC price.
So, if the BTC price turns sideways, we can see that it has the potential to lead to altcoins pumping.
It is unknown whether the altcoin pumping will be very large, but it is expected that it will lead to a move higher than 10%.
[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/
(1M chart)
(1W chart)
https://www.tradingview.c