Bitcoin (including BTC, short-term strategy) - January 18
Updated
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We need to make sure we can get support at 35818.61.
In particular, you should watch for any movement that deviates from the 35818.61-40169.80 segment.
If it falls at 33949.53, you need a Stop Loss to preserve profit or loss.
If you touch the 27079.41-29300.0 section, I think there is a high possibility of turning into a downtrend.
So, you have to think about how to deal with it in the 29300.0 -33949.53 section.
It is necessary to check whether the RS line of wRSI_SR indicator and the CCI line of CCI-RC indicator turn to the top right.
It remains to be seen if volatility around January 19th (January 18-20) can touch the short-term downtrend line (9).
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(OKEX BTCUSDT 1D chart)
You should watch for any movement that deviates from the 35490.7-39799.9 segment.
In particular, we have to see if we can get support at point 37645.3.
If you decline at 34559.3, you can touch 31577.0, so it's a short stop loss.
If you touch the 28165.8-29309.0 section, I think there is a high possibility of turning into a downtrend.
So, you have to think about how to deal with it in the 29309.0 -34559.3 interval.
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(Coinbase BTCUSD 1D chart)
You should watch for any movement that deviates from the 35890.94-40254.38 segment.
In particular, we have to see if we can get support at 38072.66.
If it declines at 34030.64, a Stop Loss is needed to preserve profit and loss.
If you touch the 27040.36-29321.90 section, I think there is a high possibility that it will turn into a downtrend.
So, you have to think about how to deal with it in the 29321.90-34030.64 section.
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(BTC Dominance 1D Chart)
We'll see if we can get resistance at 67.44 and drop.
Specifically, you need to make sure you can touch the 64.86 point.
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(USDT Dominance 1D Chart)
You should watch for any movement that deviates from 2.187-2.541.
In particular, we need to see if it can drop below the 2.349 point.
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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 conventional Stochastic RSI indicator. (K, D line -> R, S line)
** 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 or losses can be preserved or additionally entered through installment transactions. It is 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: 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.
-------------------------------------------------- -----
We need to make sure we can get support at 35818.61.
In particular, you should watch for any movement that deviates from the 35818.61-40169.80 segment.
If it falls at 33949.53, you need a Stop Loss to preserve profit or loss.
If you touch the 27079.41-29300.0 section, I think there is a high possibility of turning into a downtrend.
So, you have to think about how to deal with it in the 29300.0 -33949.53 section.
It is necessary to check whether the RS line of wRSI_SR indicator and the CCI line of CCI-RC indicator turn to the top right.
It remains to be seen if volatility around January 19th (January 18-20) can touch the short-term downtrend line (9).
--------------------------------------------------
(OKEX BTCUSDT 1D chart)
You should watch for any movement that deviates from the 35490.7-39799.9 segment.
In particular, we have to see if we can get support at point 37645.3.
If you decline at 34559.3, you can touch 31577.0, so it's a short stop loss.
If you touch the 28165.8-29309.0 section, I think there is a high possibility of turning into a downtrend.
So, you have to think about how to deal with it in the 29309.0 -34559.3 interval.
-------------------------------------------------- -------
(Coinbase BTCUSD 1D chart)
You should watch for any movement that deviates from the 35890.94-40254.38 segment.
In particular, we have to see if we can get support at 38072.66.
If it declines at 34030.64, a Stop Loss is needed to preserve profit and loss.
If you touch the 27040.36-29321.90 section, I think there is a high possibility that it will turn into a downtrend.
So, you have to think about how to deal with it in the 29321.90-34030.64 section.
--------------------------------------------------
(BTC Dominance 1D Chart)
We'll see if we can get resistance at 67.44 and drop.
Specifically, you need to make sure you can touch the 64.86 point.
-------------------------------------------------
(USDT Dominance 1D Chart)
You should watch for any movement that deviates from 2.187-2.541.
In particular, we need to see if it can drop below the 2.349 point.
-------------------------------------------------- -------------------------------------------
** 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 conventional Stochastic RSI indicator. (K, D line -> R, S line)
** 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 or losses can be preserved or additionally entered through installment transactions. It is 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: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Note
The title was not written correctly.Short-term strategies are not included in this analysis.
Sorry for the confusion.
Other content (coins, stocks, etc.) is frequently posted on X.
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