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Bitcoin (XBTUSD, BTC1!, BTM1!) - November 14

BITMEX:XBTUSD.P   Bitcoin
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(1D chart)
It is rising due to volatility around November 12 (November 11-13).
We must see if we can ascend to the 16384.5-16700.0 range.

It remains to be seen if the volatility around the 17th of November results in any movement outside the 15674.0-17090.0 range.

If it falls at the uptrend line (8), it is a short-term Stop Loss.

Further increases in the wRSI_SR indicator are raising expectations that a downward divergence could be avoided.


(1h chart)-short-term strategy
The Fibonacci retracement metric used in this chart has been changed to introduce a new short-term strategy.

The possible entry point from your current location is 16167.0.
However, as it is currently rising, it will remain to be seen if it will be able to touch the 16167.0 point again.


(LONG)
1. Entry point: When it exceeds the 16167.0 point and rises above the 16219.0 point
Target points: 1st 16384.5 points or higher, 2nd 16604.0 points or higher
(However, the 16123.0 point is the Stop Loss point.)

2. Entry point: When exceeding 16411.5 point
(It is recommended to enter after the time indicated on the chart.)
Target point: 1st 16604.0 point or higher, 2nd 16700.0 point or higher
Stop Loss point: 16384.5 point
(However, the Stop Loss point is short. You need your own strategy to take the risk.)

(SHORT)
Entry point: When breaking below 16123.0 point
Target point: 1st 15844.5 points or less, 2nd 15545.5 points or less
Stop Loss point: 16219.0 point
(However, it is recommended to enter after the time indicated on the chart.
If it rises without falling in the upward trend line (B)-(8), it is Stop Loss.)

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(CME Bitcoin (BTC1!) 1D chart)
It started with the gap (16240.0-16350.0) rising and closed at 0.52%.
You need to make sure you can get support at 16220.0.
It remains to be seen whether it will start above the uptrend line (6) or above the uptrend line (7).

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(BAKKT Bitcoin (BTM1!) 1D chart)
It started with the gap (16150.0-16467.5) rising and closed at 0.82%.
You should check if you can start at 16261.5 point or higher.

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(BTC Dominance 1D Chart)
It rose due to volatility around November 11.
You should check for any movement that deviates from 64.63-66.39.

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(USDT Dominance 1D Chart)
We have to see if we can get below the 3.760 point.

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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 of exchange chart setup]

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

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