We have to see if we can get support and climb in the 48214.0-50752.0 range. In particular, it remains to be seen if it can rise along the uptrend line (6).
If so, we have to see if we can get support and move sideways between 44888.0-47265.5.
If it falls in the 38225.0-40600.0 section, you can touch the 30448.0-32986.0 section, so you need a Stop Loss to preserve profit or loss.
The next volatility period is around March 5-15.
If you put together the BTC-related charts we uploaded, the period of volatility is expected to start around March 4. Therefore, I think it is important to check the movements until around March 4th.
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(BTC Dominance 1D Chart) You should watch for any movement that deviates from 61.20 -62.12. The next volatility period is around March 7.
** 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 published by oh92. (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 profit or loss 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, CME, and BAKKT exchanges were closed because they are not trading 24 hours a day. G1: Closing price when closed G2: Market price at the time of opening (Example) Gap (G1-G2)
노트
(CME Bitcoin (BTC1!) 1D chart) It started with an increase in the gap (48870.0-49425.0). We need to see if we can get support and climb in the 49100.0-52040.0 range. In particular, it remains to be seen if it can rise along the uptrend line (3).
If it falls, we need to see if it moves sideways between 44915-49100.
노트
(XBTUSD 1h chart)-Short term strategy
If you forcefully enter a position and start trading, you will only lose more in the end. If you keep the section where you enter the position and the Stop Loss point, I think you can close the position with profit. --------------------------------- (LONG) 1. Entry point: When breaking above the 44316.0 point Target point: 1st point 48323.0 point or higher, 2nd point 52330.0 point or higher Stop Loss: 42980.0 point
2. Entry point: When it exceeds the 53666.0 point Target point: 56337.5 points or more Stop Loss: 52330.0 point
(SHORT) 1. Entry point: When breaking below the 42980.0 point Target point: 1st point below 40309.0 point, 2nd point below 37637.5 point Stop Loss: 44316.0 point
2. Entry point: When breaking below 36301.5 point Target point: 32294.5 points or less Stop Loss: 37637.5 point ---------------------------------------------- If you continue to read my article, I think you won't need entry points, target points, and Stop Loss. I think you understand where the movement begins.
We are trying to tell you easily in a format that anyone can understand. However, I think whether or not you can proceed with the transaction by digesting it with your own, it depends on whether you have invested a lot of time and verified it.
It's also important to get a lot of profits from short-term strategies, but if you think that short-term strategies increase your ability to trade mechanically, I think you'll definitely start to get good results if you proceed.
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(OKEX BTCUSDTPERP 1h chart)-Short-term strategy
(LONG) 1. Entry point: When it exceeds 43531.6 point Target point: 1st 48183.5 or higher, 2nd 52835.4 or higher Stop Loss: 41981.0 point
2. Entry point: When it exceeds the 54386.0 point Target point: 57487.3 point or higher Stop Loss: 52835.4 point
(SHORT) 1. Entry point: When breaking below the 41981.0 point Target point: 1st 38879.7 points or less, 2nd 35778.4 points or less Stop Loss: 43531.6 point
2. Entry point: When breaking down the 34227.8 point Target point: 29575.9 points or less Stop Loss: 35778.4 point
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(Binance BTCUSDTPERP 1h chart)
Please refer to the short-term strategy descriptions on other charts to create a short-term strategy.
노트
(BAKKT Bitcoin (BTM1!) 1D chart) It started with an increase in the gap (46205.0-46630.0). We need to see if we can get support at 49934.0-49934.0 and climb along the uptrend line (3). If it falls between 45202.5-47444.5, a short stop loss is required.