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(XBTUSD 1W chart) It remains to be seen if it can rise above the 45211.0 point by ascending along the uptrend line (2).
The 33101.0 point is a strong support point. If it falls, you need to make sure you get support at 27650.0-33101.0.
(1D chart) We have to see if we can quickly climb above the 38225.0 point. In particular, it remains to be seen if it can rise along the uptrend line (2).
If it falls this way, it may fall below the 34107.5 point, so you need to trade carefully.
In order to turn to an uptrend, it must be supported by rising at least 47265.0 points.
The next volatility period is around June 1.
(1h chart) Check the movement before and after the time indicated on the chart.
We need to see if there can be any movement that deviates from the sideways section 33509.5-37784.5.
We have to see if we can climb to the 37784.5-39948.0 section and get support. In particular, we must see if we can get off the downtrend line (c).
If it falls, it remains to be seen if it can gain support and rise in the 35784.5-36069.0 range.
In terms of the overall trend, a cascading decline is in progress as the lows are lowering in the order of 50752.0 points, 45211.0 points, and 35784.5 points.
Therefore, I think it's important to get support at 35784.5 to stop the cascading decline. That said, we have to see if we can move sideways at 33509.5-37784.5.
In order to break away from the short-term downtrend line (c), we must also see if it can rise above the 42084.0 point to form a short-term uptrend. If a short-term uptrend is formed, it is important whether it can break above the 45211.0-47265.5 interval.
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(BTCUSDT 1W chart) We must see if it can rise above the 45135.66 point by ascending along the uptrend line (2).
The 28923.63 point is a strong support point. So, if it falls, we need to see if it gets support in the 28923.63-32259.90 range.
(1D chart) We have to see if we can quickly ascend above the 38150.02 point. In particular, it remains to be seen if it can rise along the uptrend line (2).
If it falls this way, you can touch the 30427.40-32974.79 section, so you need to trade carefully.
In order to turn into an uptrend, it must rise above the 47153.69 point to gain support.
The next volatility period is around June 1.
(BTCUSDTPERP 1h chart) (UTC) (KST) Check the movement before and after the time indicated on the chart.
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(BTCKRW 1W chart) We have to see if we can get support and climb in the 47954000-51798000 section.
(1D chart) We have to see if we can get support and climb in the 47954000-51798000 section.
If it goes down, you need to make sure you get support at 4,330,000. In particular, it remains to be seen if it can rise along the uptrend line (2).
In order to turn to an uptrend, it must be supported by rising at least 58981000 points.
(Upbit BTCKRW 1D chart)
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(BTC Dominance (BTC.D) 1D Chart) You should watch for any movement that deviates from the 43.75-47.64 segment.
As the BTC price recovers, BTC dominance may rise as funds are concentrated in BTC.
At this time, if BTC dominance does not rise above the 48.81 point, altcoins are expected to recover their price quickly.
If BTC dominance does not rise by more than 50 points, it is expected to show a market trend led by altcoins. Accordingly, we need to look at the movement of major coins.
(USDT Dominance (USDT.D) 1W chart) You should watch for any movement that deviates from 3.374-4.158.
(1D chart) In order to continue the upward trend of the coin market, we need to see if it can fall below the 2.670 point.
If you are moving up along the short-term uptrend line, you need to touch the 3.374-3.460 section and see if it falls.
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(USDT 1D chart) I think that the gap rise is a sign of funding into the coin market. Conversely, I think that the gap fall is a sign of the draining of funds from the coin market.
It remains to be seen if the continuing gap increases can continue in the future.
If there is a continuous gap fall, it means that funds will be drained from the coin market, so careful trading is necessary.
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It is advisable to trade at your average unit price. This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price you start trading. If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit.
** 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 the sake of 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. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** 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 transactions. It is a short-term investment perspective.
GAP refers to the difference in prices that occurred when the stock market or CME and BAKKT exchanges were closed because they are not trading 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
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(XBTUSD 1h chart) It peaked at 06:00 (UTC) on 14 April and started to decline. The blue dotted line on the chart indicates the low point.
(Display of the latest low point) The 35784.0 point is the current low point. If this point breaks, the next low is likely to form around 27K, so careful trading is required.
However, we have to watch the situation as we can get support and start sideways at 33101.0, an important point.