Bitcoin (BTC, including short-term strategy) - December 26
Updated
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It remains to be seen if the volatility around December 27 (December 26-28) is supported at 24252.5 and can move up along the uptrend line (1).
If it falls from the uptrend line (1), it is a short-term Stop Loss.
Touching the uptrend line (1) can cause volatility, so trade carefully.
Accordingly, you can touch and climb 23837.5 points.
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(BTC Dominance 1D Chart)
We need to see if we can get resistance at 69.80 and fall.
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(USDT Dominance 1D Chart)
It remains to be seen if volatility around December 26 could break the downtrend line (6)-(2).
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** All indicators are lagging indicators.
So, it's important to know 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 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.
-------------------------------------------------- -----
It remains to be seen if the volatility around December 27 (December 26-28) is supported at 24252.5 and can move up along the uptrend line (1).
If it falls from the uptrend line (1), it is a short-term Stop Loss.
Touching the uptrend line (1) can cause volatility, so trade carefully.
Accordingly, you can touch and climb 23837.5 points.
-------------------------------------------
(BTC Dominance 1D Chart)
We need to see if we can get resistance at 69.80 and fall.
-----------------------------------------------
(USDT Dominance 1D Chart)
It remains to be seen if volatility around December 26 could break the downtrend line (6)-(2).
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to know 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 do not trade 24 hours a day.
G1: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Note
(XBTUSD 1h chart)-Short term strategy
We are not posting a short-term strategy today, as there was a move out of the box.
I hope it will be a day to check the flow.
Note
(OKEX BTCUSDTPERP 1h chart)-Short term strategy
We are not posting a short-term strategy today, as there was a move out of the box.
I hope it will be a day to check the flow.
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