You must watch for any movement that deviates from the 18751.0-19287.5 segment.
If it falls from 18751.0, it is a short-term Stop Loss.
From the volume indicator, the volume is declining. In this trend, prices are rebounding. For this rebound to lead to an uptrend, volume must increase as prices rise. So, if you gain support by rising above 19287.5 points, you should check if the volume is increasing.
In section A, you can see that the trading volume increased a lot when the price increased.
Considering the big picture, the current flow can be said to be in the sideways between 17422.0-20093.0 It can be interpreted that segment B is undergoing price adjustments in these boxed segments.
From the wRSI_SR indicator, it can be said that the short-term bullish divergence was completed by touching more than 29287.5 points.
If we gain more than 19287.5 points to gain support and continue this trend until around December 18th, we expect to overcome the short-term downtrend and attempt to break above 20093.0 with further gains.
In the Stochastic RSI indicator (wRSI_SR indicator), which is used by combining the RSI indicator and the stochastic indicator, there is a difference between the overbought and oversold periods referred to in the RSI indicator.
Because it is influenced by stochastic indicators, it is supposed to keep making waves for short-term response.
In conclusion, the possible future trend in the wRSI_SR indicator is a short-term decline. If this trend is tolerated near the 19287.5 point, it is expected that 20K units will be able to enter. At this time, the increase in trading volume must be followed.
It is expected whether it will be possible to enter the 20K range that can create a new wave.
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(BTC Dominance 1D Chart) It remains to be seen if volatility around December 15 will find resistance at the uptrend line (5) and the downtrend line (3) and fall.
If it rises above 64.86 points, it is expected that altcoins will fall again. I think that in order for altcoin price to rise, it must fall below 63.38 point.
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(USDT Dominance 1D Chart) The volatility around December 15 puts resistance at the 3.596 point, and it remains to be seen if it can move below the downtrend line (2). You should also check if you can drop below the 3.285 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. ** 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)
บันทึก
(CME Bitcoin (BTC1!) 1D chart) It started with an increase in the gap (19270.0-19340.0). You need to see if you can climb along the uptrend line (1).
บันทึก
(XBTUSD 1h chart)-Short term strategy Previous short-term strategy.
(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
2. Entry point: When breaking above the 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.)
บันทึก
(OKEX BTCUSDTPERP 1h chart)-Short term strategy Previous short-term strategy.
(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 18296.0 point Target point: 17879.8 point or less Stop Loss: 18461.1 point
บันทึก
(BAKKT Bitcoin (BTM1!) 1D chart) It started with a rise in the gap (18090.0-19122.5). We need to make sure we can get support at point 19115.0. It remains to be seen if the volatility around December 17 can move up along the uptrend line (1).