readCrypto

Needs to rise above 17115.96 to show short-term uptrend...

readCrypto Mod Actualizado   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Hello?
Traders, welcome.

If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.

-------------------------------------

(USDT 1D chart)

(USDC 1D chart)

The rise in the gap of USDT or USDC is seen as a signal of new funds entering the coin market.


(BTC.D 1W chart)
I believe that BTC dominance must rise in order for the coin market to show stable movements.

This is because such a stable movement will invigorate the coin market and provide a driving force for active transactions as an investment market.

Therefore, BTC dominance should continue to rise.

If possible, I think it would be good to show a rise in the 43.40-45.68 section and then a decline.

Because if it rises higher than that, investors are expected to suffer.

At this time, it is important to check whether the USDT dominance is rising or falling.


(USDT.D 1D chart)
A rise in USDT dominance means a fall in the coin market.

So, the question is whether it can fall below 7.86.

The next period of volatility is around January 5th.

-----------------------------------------

(BTCUSDT 1W chart)
In order to continue the mid- to long-term upward trend, it must rise above 20050.02-20862.47.

In order to do so, the key is whether it can rise above 17880.71.


If it falls below 15475.10, I would expect a decline around 13500.0.



(1D chart)
The question is whether it can rise above 17115.96 to show a short-term uptrend.

To do so, you need to keep the price above 16428.78-16590.54.


If not, it is expected that the new flow that has occurred since November 27th will be broken.


The next volatility period is around December 17-24.


Circled zones mark important support and resistance zones.

In this section, the trend may change depending on whether it is supported or resisted, so it is necessary to observe the movement carefully.


If this uptrend ends with a one-off,
1st : 17880.71
2nd : 19176.93
3rd : 20050.02
It is expected to touch the vicinity and fall.


If the new trend breaks, i.e. falls below 16428.78,
1st: 15475.10
2nd : 14.8K
3rd : 13137.51-13761.50
It is expected to touch the vicinity.

------------------------------------------

- big picture
I think you need to be supported in the 13K-15K section to get the power to rise.

Therefore, whether it is rising or falling from its current position, a short-term response is required.

A full-fledged uptrend is expected to start when it rises above 29K.

-------------------------------------------------- -------------------------------------------

** All descriptions are for reference only and do not guarantee profit or loss in investment.

** If you share this chart, you can use the indicators normally.

** The MRHAB-T indicator includes indicators that indicate points of support and resistance.

** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).

(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)

---------------------------------
Comentarios:
(NAS100USD + DXY + XAUUSD 1D chart)
Operación cerrada: objetivo alcanzado:
(BTCUSDTPERP 1h chart)
Touching around 16984.9 closes the previous 'SHORT' position.

It is possible to enter 'LONG' when ascending after being supported in the 16984.9-17108.7 section.

At this time, the important thing is to check the support around 17108.7.


To enter a 'SHORT' position, it is when resistance falls below the 5EMA line on the 1D chart.

To do this, you should see resistance around 16984.9.

However, a quick response is required until the 'SHORT' position drops below 16422.6 and receives resistance.


It is important to determine profits by partial selling in each of the T1 and T2 sections.

[Example of exchange chart setup]

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

(Upbit)
www.tradingview.com/x/DF6cGh3G/
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.