BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
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(BTCUSDTPERP 1D Chart)
The 10-18 July volatility should see if there is movement outside the 18741.7-22471.5 interval.


The intervals 13121.7-15908.2, 27054.1-29840.6, and 46559.4-49345.9 shown in the chart are the intervals that determine the trend.

This means that this is an interval with a high probability of reversing the trend.


The 21481.1 and 38200.0 points are likely points for a rebound or reversal.

Therefore, the movement around 21481.1 and 38200.0 should be observed.


Since the Long/Short-S indicator is pointing to the -50 point, you can see that the downtrend is strong.



(1h chart)
** A short-term response is recommended as sharp movements are likely to occur on the 1h chart.

key point
- 22471.5
- 21481.1
- 20564.2
- 20109.9
- 18741.7

It is expected to show movement depending on whether it is supported or resisted at the key points above.


You need to see where the Stochastic RSI indicator comes out of the oversold zone.

On the CCI-C indicator, you should see if the CCI line can break out of the downtrend line and move higher than -100 points.

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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.)

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Comment:
(BTCUSDT 1D chart)
Comment:
If the decline comes from the rebound position, the rebound is likely to be stronger.
Comment:
(BTCUSDTPERP 15m Chart)
Two indicators are showing an upward trend.

(1h chart)
Two indicators are showing a downtrend.


So, if the short-term uptrend is broken, a big decline is expected.

It is expected that the CCI line on the 1h chart should rise above the EMA line and the price should rise above the 19883.0 to support it, leading to further upside.

[Example of exchange chart setup]

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

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

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