BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
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(BTCUSDTPERP 1D Chart)
The key is to find support near the 19930.6 level and break out of the downtrend line.


- The RSI indicator is in the oversold zone and the Stoch RSI indicator is in the overbought zone.

Therefore, it is expected to show mixed results.


If the RSI does not break out of the oversold zone and the Stoch RSI moves out of the overbought zone, further declines are expected.

At this point, it is important to be able to sustain the price above 18374.1.


If the RSI indicator moves out of the oversold zone and the Stoch RSI enters the overbought zone, it is expected to lead to further gains.

At this point, it is important to maintain the price above 19930.6 and break out of the downtrend line.


- The price needs to be maintained above the HA-Low indicator point to convert to an uptrend.

Therefore, since the HA-Low indicator is currently located near 21481.1, the price should rise or shake up and down to cause the HA-Low indicator to decline.

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- RSI, Stoch RSI: Overbought section - When it comes out of the overbought section, it is highly likely to show a strong downtrend.

- RSI, Stoch RSI: Oversold section - It is highly likely to show a strong uptrend when it breaks out of the oversold section.

You need to be positioned at important support and resistance points in order to make these moves.

Therefore, it is necessary to check whether the HA-Low, HA-High, and MACD-P indicators find support or resistance at the horizontal point.

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

** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.

** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.

** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)

(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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[Example of exchange chart setup]

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

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