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Position Entry Criteria: Find in the flow of the 1D chart...

BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
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(USDT 1D chart)

(USDC 1D chart)

It seems that the funds that came into USDC are slowly withdrawing.


(BTC.D 1W chart)


(USDT.D 1D chart)
We need to see if it can drop below 8.41.

If not, it's because there is a possibility of a rise around 9.49.

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(BTCUSDTPERP 1D Chart)
The important point or section from where the current price is located is the 16422.6-16580.6 section.

This is because the short-term buy point (HA-Low) and the -100 indicator are passing.

Therefore, if it goes down in this section, it is highly likely that the flow itself will turn into a downtrend, so it can be said to be an important section.

To disprove this, you must see a price defense or rise accompanied by trading volume.


The next most important interval is 16984.9-17108.7.

This is because the price has moved sideways in this section and there is a short-term surge (HA-High).

So, if the price holds above 17108.7, a bullish trend is likely.


If it falls below 16422.6 and encounters resistance,
1st: 15908.2
2nd: 15328.7
tertiary: 14824.3
You need to make sure that you are supported nearby.


The circled zones on the chart are important support and resistance zones.

The next volatility period is around January 6-9.


(1h chart)
The circled zones on the chart are important support and resistance zones.


If the price is maintained below the M-Signal line of the 1D chart and below 17108.7, the main position is 'SHORT'.

Therefore, a quick response is required when entering a 'LONG' position.


A 'SHORT' position entered at 16984.9 is currently in progress.

Therefore, the first sale was made by touching the T1 section, and the trading method is used to place a reserve order to sell at the entry price.

The second selling point is the T2 section, which is the section 15908.2-16161.1.


If the current 'SHORT' position ends, it means that it has risen to the 16984.9-17108.7 section, so you can confirm that it is out of the 16984.9-17108.7 section and enter a new position.

However, since volatility can occur by touching the 5EMA line and the M-Signal line of the 1D chart, it is necessary to pay close attention to the movement when these two lines are touched.


If you decide how to select a position by looking at the movements of the candles on the time frame chart you are currently looking at, the time you have to look at the chart to maintain your position may increase.

Therefore, you should make the longer flow of the chart always recognizable by marking the flow on at least a 1D chart on the chart you mainly watch and trade.

This is because it can survive the whipsaw-like volatility that can occur on lower time frame charts.

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- 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.

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** 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.

** SR_R_C 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.)

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[Example of exchange chart setup]

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

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