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Bitcoin (BTC, including short-term strategy) - Deccember 3

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BITMEX:XBTUSD.P   Bitcoin
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You should watch for any movement that deviates from 18751.0-19287.5.
You also have to see if you can climb along the uptrend line (1).

If it falls below the 18751.0 point, it is a short-term Stop Loss.

If the volatility around December 3rd (December 2-4) gains support above the 19287.5 point, it is expected to break above the 20093.0 point between December 7-11.

If you are supported at 18195.0, you can enter.
However, if it falls below the 17422.0 point, a Stop Loss is required to preserve profit and loss.

If it falls to 17422.0-18280.5, I think the fear of the fall is maximized.
Therefore, if the volume increases and decreases in the range of 17422.0-18280.5, there will be more talks about the trend shift, like when the price fell on November 26.

We believe that the trend change can only take place after falling below the 15979.0 point.

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(BTC Dominance 1D Chart)
We have to see if we can get resistance at 63.38 and move down.

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(USDT Dominance 1D Chart)
You should watch for any movement that deviates from 3.285-3.596.

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** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.

Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment

(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You should trade from a short-term investment perspective.)

GAP refers to the difference in prices that occurred when the stock market, CME and BAKKT exchanges were closed because they are not trading 24 hours a day.
G1: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Comment:
(XBTUSD 1h chart)-Short term strategy
The previous short-term strategy is valid, so please refer to the previous short-term strategy.

The periods where rapid volatility can occur are 18237.5-18492.0 and 19149.5-19314.0.
So, you need to make sure you can Sideways near the 18821.0 point to stop your fear of falling.

(LONG)
1. Entry point: When breaking above the 19314.0 point
Target point: 1st 19807.5 or higher, 2nd 20093.0 or higher
Stop Loss: 19149.5 point
(However, if it falls without breaking above the upward trend line (1), it is a Stop Loss.)

2. Entry point: When breaking above 18492.0 point
Target point: 18821.0 point or higher
Stop Loss: 18327.5 point
(However, if it falls without breaking above the 18751.0 point, it is a Stop Loss.)

(SHORT)
1. Entry point: When breaking below 18327.5 point
Target point: 17834.0 point or less
Stop Loss: 18492.0 point
(However, if it rises without breaking below 18195.0, it is Stop Loss.)

2. Entry point: When breaking down from 19149.5 point
Target point: 18821.0 point or less
Stop Loss: 19314.0 point
(However, if it rises without breaking below the 18962.0 point, it is a Stop Loss.)
Comment:
(OKEX BTCUSDTPERP 1h chart)-Short term strategy
The previous short-term strategy is valid, so please refer to the previous short-term strategy.

If you enter any position you enter, you need to keep checking the situation.
You are at a point where volatility can occur, so sudden movement can occur.

(LONG)
1.Entry point: When it exceeds 19286.8 point
Target point: 19698.6 point or higher
Stop Loss: 19121.7 point

2. Entry point: When breaking above the 18461.1 point
Target point: 1st 18791.4 point or higher, 2nd 19056.4 point or higher
Stop Loss: 18296.0 point

(SHORT)
Entry point: When breaking below the 18296.0 point
Target point: 17879.8 point or less
Stop Loss: 18461.1 point
Comment:
(CME Bitcoin (BTC1!) 1D chart)
www.tradingview.com/...oin-BTC1-December-3/
It started with an increase in the gap (19295.0-19340.0).
You should watch for any movement outside the 18850.0-19965.0 range.
If it falls from the 18850.0 point, it is a short stop loss.

(1W chart)
In the most objective and simple way, it is expected that the trend will be reversed only after the 16620-16935 section, which is located at the bottom of the Heikin Ashi body, falls below the 16845 point.

[Example of exchange chart setup]

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

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

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