Bitcoin-significant volatility period (around December 11-18)-2

已更新

Hello?
Dear traders, nice to meet you.

"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.

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

It remains to be seen if the volatility around December 11th-18th will cause any movement outside the 17422.0-19287.5 range.

You need to see if there is a sharp rise as you climb along the uptrend line (2) and then break above the downtrend line (6).

If you are supported at 18195.0, this is a new entry point.
However, since the current price is at the peak, short-term response is necessary.
Accordingly, if it falls at 17422.0 point, a Stop Loss is necessary to preserve profit and loss.

During the volatility period around December 11-18, strong volatility may occur between December 10-12 and December 17-19.

I think it is good to stop trading for a while and check the flow of the coin market during the volatility period.

You need to organize your thoughts on the necessary stop loss points and think about ways to preserve the profit and loss of coins.

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

(BTC Dominance 1D Chart)

You should watch for any movements that deviate between the 63.38-rising trend line (5).

If you touch the downtrend line (3) or 64.86 points, the price of altcoins is expected to fall further.

If it falls below 63.38 or below the downtrend line (4), altcoins' prices are expected to start rising.

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

(USDT Dominance 1D Chart)

We need to see if we can get resistance at the downtrend line (1) and move down.
We have to see if we can get below the 3.285 point.

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

** 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 are not trading 24 hours a day.
G1: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)

注释

(CME Bitcoin (BTC1!) 1D chart)

It started with a fall in the gap (18440.0-18415.0).
We have to see if we can ascend above the 18090.0 point.
If it falls below the 17470.0 point, a Stop Loss is required to preserve profit and loss.

注释

(BAKKT Bitcoin (BTM1!) 1D chart)

It started with the fall of the gap (18340.0-18035.0).
You should watch for any movement that deviates from the 17567.5-18220.5 section.
We need to see if it can rise along the uptrend line (1).

If you go down from 17567.5, you can touch 16261.5, so you need to trade carefully.

注释

(XBTUSD 1h chart)

Today we are not posting short term strategies to check the flow of the chart.
I think the 17422.0 point is the point where Stop Loss is needed to preserve profit and loss.
Therefore, if you touch the 17176.0-17422.0 section, it is expected that rapid movement will occur.
You should check the movement after the times indicated on the chart.