Bitcoin (including BTC, short term strategy) - December 25
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With support at 22925.0, it remains to be seen if it can climb along the uptrend line (1).
It remains to be seen if the volatility around December 27 could rise above the 24252.5 point.
If it falls at the 22261.5 point, a Stop Loss is needed to preserve profit and loss.
However, it is possible to temporarily touch and climb the 24273.5-21422.5 section, so careful trading is necessary.
If you climb above the 24252.5 point and get support, you can expect a move to ascend to the 25579.5-26253.0 section.
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(BTC Dominance 1D Chart)
We have to see if we can go down towards the 67.44 point.
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(USDT Dominance 1D Chart)
We need to see if the volatility between December 24th and 27th will cause any movement to deviate from the 2.970-3.374 range.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Hence, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** CCI-RC indicator is an indicator created by changing the set value from the existing CCI indicator. Therefore, the interpretation is the same as the existing CCI indicator.
** 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)
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
With support at 22925.0, it remains to be seen if it can climb along the uptrend line (1).
It remains to be seen if the volatility around December 27 could rise above the 24252.5 point.
If it falls at the 22261.5 point, a Stop Loss is needed to preserve profit and loss.
However, it is possible to temporarily touch and climb the 24273.5-21422.5 section, so careful trading is necessary.
If you climb above the 24252.5 point and get support, you can expect a move to ascend to the 25579.5-26253.0 section.
-----------------------------------------------
(BTC Dominance 1D Chart)
------------------------------------------------
(USDT Dominance 1D Chart)
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Hence, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** CCI-RC indicator is an indicator created by changing the set value from the existing CCI indicator. Therefore, the interpretation is the same as the existing CCI indicator.
** 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:
(OKEX BTCUSDTPERP 1h chart)-Short term strategy
Keep the old short-term strategy.
It is moving sideways in the section 22830.1-22997.6.
You must watch for movements that deviate from the 21919.1-22188.7 and 23806.5-24076.1 segments.
(LONG)
1. Entry point: When breaking above the 22188.7 point
Target point: 1st 22830.1 point or higher, 2nd 23806.5 point or higher
Stop Loss: 21919.1 point
2. Entry point: When exceeding 24076.1 point
Target point: 24548.7 point or higher
Stop Loss: 23806.5 points
(SHORT)
1. Entry point: When breaking down from the 21919.1 point
Target point: 1st 21517.4 point or less, 2nd 20840.5 point or less
Stop Loss: 22188.7 point
2. Entry point: When breaking down from 23806.5 point
Target point: 23336.2 points or less
Stop Loss: 24076.1 point
It is moving sideways in the section 22830.1-22997.6.
You must watch for movements that deviate from the 21919.1-22188.7 and 23806.5-24076.1 segments.
(LONG)
1. Entry point: When breaking above the 22188.7 point
Target point: 1st 22830.1 point or higher, 2nd 23806.5 point or higher
Stop Loss: 21919.1 point
2. Entry point: When exceeding 24076.1 point
Target point: 24548.7 point or higher
Stop Loss: 23806.5 points
(SHORT)
1. Entry point: When breaking down from the 21919.1 point
Target point: 1st 21517.4 point or less, 2nd 20840.5 point or less
Stop Loss: 22188.7 point
2. Entry point: When breaking down from 23806.5 point
Target point: 23336.2 points or less
Stop Loss: 24076.1 point
[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/
We need to see if we can get support from the 21934.0-22261.5 segment and climb to the 23816.5-24252.5 segment.
(LONG)
1. Entry point: When exceeding 22261.5 point
Target point: 1st 22925.0 or higher, 2nd 23816.5 or higher
Stop Loss: 21934.0 point
2. Entry point: When exceeding 24085.0 point
Target point: 24623.0 point or higher
Stop Loss: 23816.5 point
(SHORT)
1. Entry point: When breaking below the 21934.0 point
Target point: 1st 21396.0 point or less, 2nd 20858.0 point or less
Stop Loss: 22203.0 point
2. Entry point: When breaking down from 23816.5 point
Target point: 23009.5 points or less
Stop Loss: 24085.0 point