(1D chart) You should check for movement outside the 15674.0-17090.0 range. If it falls, we need to see if we can gain support and move up at 16368.5. If it falls at 16368.5, it is a short-term Stop Loss.
The negative divergence in the wRSI_SR indicator is expected to break.
(1h chart)-short-term strategy It remains to be seen if it can rise along the uptrend channel formed by the four uptrend lines.
We present a short-term strategy, including a new entry point on the 1h chart, 16730.0, and 16368.5, the short stop loss point mentioned in the 1D chart description.
(LONG) Entry point: When exceeding 16730.0 point Target point: 1st 16989.0 point or higher, 2nd 17278.0 point or higher Stop Loss: 16604.0 point (However, if you touch the uptrend line (1) and go up, you can enter when it breaks above 16604.0.)
(SHORT) Entry point: When breaking below the 16604.0 point Target point: 16411.5 points or less (However, if it rises without breaking below the uptrend line (1), it is Stop Loss.)
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(BTC Dominance 1D Chart) It is believed that there was a large-scale movement.
(Enlarged) If it rises above the 67.44 point, it is expected that the bear market has already begun.
Altcoins, as mentioned previously, are seen to be on the downtrend line by rising above 63.38 points.
As long as there is no movement of BTC dominance out of the upward trend, the flow of the coin market will be focused on BTC.
Therefore, the trend of altcoins is expected to change only after falling below the downtrend line (3) and receiving resistance. If not, I think it's only a temporary rebound.
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(USDT Dominance 1D Chart) We have to see if we can get below the 3.760 point.
It is believed that on November 15th there was a massive funding shift. On the Coinmarketcap site, you can also see that the market capitalization of about 5,000,000,000 USD disappeared and formed in just 5 minutes.
I don't know what these money transfers mean. We have to watch the future move.
** 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: closing price when closed G2: Market price at the time of opening
注释
(OKEX BTCUSDTPERP 1D Chart) If it falls between 16328.8-16458.9, it is a short-term Stop Loss. If it falls from 15929.5, it is Stop Loss.
(1h chart)-short-term strategy
(LONG) Entry point: When exceeding the 16689.9 point Target point: 1st 16925.0 point or higher, 2nd point 17208.1 point or higher Stop Loss: 16547.5 points
(SHORT) Entry point: When breaking below the 16458.9 point Target point: 16328.8 point or less Stop Loss: 16689.9 points
注释
(CME Bitcoin (BTC1!) 1D chart) It started with a fall in the gap (16895.0-16795.0). You need to make sure you can get the support above the 16845.0 point. You should also see if you can move up along the uptrend line (6).
If it falls from the uptrend line (6), it is a short-term Stop Loss.
The volatility around November 18th should be checked for movement outside the 16220.0-17465.0 range.
注释
(BAKKT Bitcoin (BTM1!) 1D chart) It started with a fall in the gap (16282.5-15965.0). We filled the previous gap, 16150.0-16467.5. You should check for any movement that deviates from the 16261.5-17567.5 segment. If it falls from 16467.5, it is a short-term Stop Loss.