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Bitcoin (BTC, including short-term strategy) - December 2

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BITMEX:XBTUSD.P   Bitcoin
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We need to make sure we can get support at point 18751.0.

If it falls from 18751.0, it may fall to the 17422.0-18280.5 range, so it is a short-term Stop Loss.

We need to see if it can rise along the uptrend line (1).

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(BTC Dominance 1D Chart)
You need to see if you can get resistance and fall at 63.38 or at the uptrend line (5).

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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 do not trade 24 hours a day.
G1: closing price when closed
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Comment:
(XBTUSD 1h chart)-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
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)
It started with a fall in the gap (19275.0-19155.0).
You need to make sure you can get support at point 18850.0.
If it falls from the 18850.0 point, it is a short stop loss.

It remains to be seen if the volatility around December 2nd will cause any movement outside the 18090.0-19965.0 range.
Comment:
(BAKKT Bitcoin (BTM1!) 1D chart)
It started with a fall in the gap (192550.0-19052.5).
We have to see if we can climb above the 19115.0 point.

[Example of exchange chart setup]

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

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

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