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Is it possible to rise 17.8K by breaking through BB...

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BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
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(USDT 1D chart)
I need to see if I can keep it at 66.442B or higher.

(USDC 1D chart)
A move out of 44.07B-44.807B came out.

Therefore, we need to see if it leads to further gap reduction.


The rise in the gap between USDT and USDC is considered to be a sign of new funds entering the coin market.


(BTC.D 1D chart)
A drop in BTC dominance means that funds are concentrated towards altcoins.

The next period of volatility is around the 23rd of January.


(USDT.D 1D chart)
An increase in USDT dominance means that the coin market is likely to decline.

We need to see if it can fall below 7.86.

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(BTCUSDTPERP 1D Chart)
If the price is maintained above the HA-High, it is expected to continue its upward trend.


It shows StochRSI holding at the 100 point.

Therefore, when it breaks out of the overbought zone or shows a decline, it is necessary to check at which point it receives support and resistance.

If it breaks the previous day's high, StochRSI is expected to hold its current position.

I need to see if the RSI can rise above 17108.7 before entering the overbought zone or turning down.


An attempt to break above the top of the Bollinger Bands (60) is leading, so if successful, I would expect a move up to the 17588.0-17864.7 zone.


It's an important move to overcome going forward.

To continue the new trend, we need to keep the price above 16422.6.

It needs to rise above 17108.7 to continue the short-term uptrend.

In order to turn into a mid- to long-term uptrend, it must rise above 17864.7.

To create a new trend change, it needs to break out of the downtrend line (1).



(1h chart)
If the price is maintained above the M-Signal line of the 1D chart and above 17108.7, the main position is 'LONG'.

Therefore, a quick response is required when entering the 'SHORT' position.


In the 1D chart description, I mentioned that I was trying to break above the Bollinger Bands (60).

Therefore, it is judged that the area around 17410.2 plays an important support and resistance role.


So, if it falls from 17410.2, it is likely to lead to further declines, but this further decline seems likely to be a trick.

Therefore, it is not recommended to enter 'SHORT' when falling from 17410.2 as it requires a quick response.


Since the M-Signal on the 1D chart is rising to around 16987.1, it is burdensome to enter the 'SHORT' position in the 'S2', 17108.7-17188.1 section.

However, since the 17108.7 point is where the HA-High of the 1D chart is formed, rapid movements may occur when it falls, so it is considered a good position to enter with 'SHORT'.

At this time, if you enter 'SHORT', the first transaction end point must be set at 17188.1 point, so you need to adjust your investment or leverage.

1st selling point: 16938.1-16987.1
2nd: 16730.-16801.2
Close of trading: around 16580.6


It is not a good idea to enter a 'LONG' position from your current position.

The reason for this is that it is currently attempting an upward breakout above the upper Bollinger Bands (60) on the 1D chart described above.

This is because the upper Bollinger Bands (60) are currently acting as resistance.

Even if you take such a risk, if you want to enter 'LONG', it is judged that it is highly likely to continue the upward trend to enter after confirming the rise above 17453.6.

The 'LONG' position entered in this way is
1st selling point: around 17588.0
Round 2 and end of trade: around 17864.7
Transactions are possible as above.

The reason it's good to close the trade around 17864.7 is because 17864.7 is the HA-Low point on the 1W chart.

So, since you are in a good position to enter a new position, you should close your old position and see the situation.


It is not recommended to enter positions in the 17108.7-17188.1 section.

The reason is that it is a section consisting of HA-High and +100 indicators, which is likely to cause rapid volatility.

Therefore, you need to enter the position when you see movement out of this area.

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- big picture
I think you need to be supported in the 13K-15K section to get the power to rise.

Therefore, whether it is rising or falling from its current position, a short-term response is required.

A full-fledged uptrend is expected to start when it rises above 29K.

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

** If you share this chart, you can use the indicators normally.

** The MRHAB-T indicator includes indicators that indicate points of support and resistance.

** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).

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

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Comment:
(NAS100USD + DXY + XAUUSD 1D Chart)
On the NAS100USD chart, the question is whether the price can stay above MS-Signal and rise above 11366.9.


The question is whether it can break below 101.860-103.025 on the DXY chart.

If it stays below 101.860, the strong dollar is expected to dissipate.
Trade active:
(BTCUSDTPERP 1h chart)
The 'LONG' position entered around 17108.7 is being held after the first sale.

2nd: Around 17588.0
End of transaction: 17864.7

At the close of trading before 17864.7
1. When it falls below 5EMA on the 1D chart
2. When the entry price is touched
3. When touching the M-Signal of the 1D chart
Comment:
(LUNCBUSD 1D chart)
Comment:
(HOTUSDT 1D chart)
Comment:
(DENTUSDT 1D chart)
The 0.000759 point is the HA-High point on the 1M chart.

So, if the price stays above 0.000759, there is potential for an uptrend from a long-term investment perspective.

However, in order to rise, you have to go over a lot of volume profile sections, so you have to look at it from a long perspective.
Comment:
(GALAUSDT 1D chart)
Comment:
(JASMYUSDT 1D Chart)
Comment:
(DXY 1D chart)
We have virtually no idea why the DXY is going down.

Likewise, it is unknown whether DXY will rise in the future.

So, I don't think you should look at the DXY chart with a fixed direction in which direction it will go.


I think it is good to set the direction by seeing whether it falls below the 101.860-103.025 section or rises above the 104.738-105.292 section.


This is because if you predict the direction in advance, there is a high possibility that you will not be able to enjoy it even if the current price rises due to the predicted result.


When prices move, it is good to anticipate the next wave and prepare for it.

However, if the predicted next wave prevents you from doing anything now, you will end up with a period loss.

Term loss will always be a factor that shakes your mind, whether you trade or not, until you step out of the investment market.
Comment:
(BTCUSDT 1D chart)
Renewing the previous day's high indicates that further upside is likely.

Also, the renewal of the previous day's high means that the movement of the indicators is maintained.

So, once you become aware of these characteristics of the technical indicators, you slowly stop seeing them.

However, in order to quickly check numerous coin (token) charts, it is recommended to display secondary indicators on the chart to use them as a basis for quicker judgment.


As explained in the DXY chart above, if you do nothing now with the expected next wave, you will most likely end up buying at the top.

The current price has risen and is located at a price point that is burdensome to buy.

Therefore, the time to buy is when you see support around 17115.96 or 17880.71.


If the USDT and USDC charts continue to gap down, there is a possibility of forming a top near 17880.71.

So, for those who want to proceed with new or additional purchases, it is recommended to check the USDT and USDC charts to see if the gap continues to rise.


For a new flow to lead to a new wave, it must break out of the downtrend line (1).

This is because if the price breaks out of the downtrend line (1) and then declines but does not break within the downtrend line (1), then a new trend will eventually emerge.

What is to be expected from this new trend is whether the price can be maintained in the 19K-20K range or higher.

This support will lead the coin market to slowly rise.


In other words, if you fail to break out of the downtrend line (1), it means that a new downtrend is likely, so you should focus on the movement when you touch the downtrend line (1).
Comment:
(XRPUSDT 1D chart)
We need to see if the price can sustain itself by rising to the 0.3659-0.3814 zone.
Comment:
(BTCUSDTPERP 12h chart)
When the flow on the 1D chart is difficult to see, the next best time frame chart is the 12h chart.

It is currently finding resistance at 17433.8, the HA-High on the 12h chart.


If the price holds above 17302.2, the -100 indicator on the 12h chart, it is likely to lead further upside.
Comment:

[Example of exchange chart setup]

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

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