You need to make sure you are supported in the 48214.0-50752.0 section.
If it falls in the 48214.0-50752.0 section, a short stop loss is required. However, you need to trade carefully as you can touch the uptrend line (6) and go up.
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 5th-15th.
As explained in the Binance BTCUSDT chart, we need to see if the flow of section B can come out like the flow of section A.
(1h chart) (UTC) (KST) You should see the movement before and after the time indicated on the chart.
(BTC Dominance 1D Chart) You should watch for any movement that deviates from 58.89-63.38. In particular, we need to see if it can fall below the 61.20 point.
We'll see if we can get resistance at MS-Signal and drop below the 62.12 point.
We believe that rising or falling BTC dominance affects the rising and falling prices of altcoins.
We have to see what's going on between February 14th and 26th.
If BTC dominance rises above 63.38 points, altcoin price is expected to turn downward.
(USDT Dominance 1D Chart) You should watch for movements that deviate from the uptrend line (1)-downtrend line (2).
If it rises above the downtrend line (2), most coins are expected to turn into a downtrend. Accordingly, if you go above 2.406 points, you need to trade carefully.
If the USDT dominance can be maintained below the uptrend line (1), the coin market is expected to maintain an uptrend.
** 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 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. Hence, 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 from 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 or 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, CME, and BAKKT exchanges were closed because they do not trade 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 an increase in the gap (47660.0-48450.0). We should see if we can ascend to the 49100.0-52040.0 section. We need to see if we will go sideways in the 44915-49100 section.
注释
(XBTUSD 1h chart)-Short term strategy
If you forcefully enter a position and start trading, you will end up losing more. 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 53666.0 point Target point: 1st 56337.5 or higher, 2nd 59008.5 or higher Stop Loss: 52330.0 point
2. Entry point: When exceeding the 60344.5 point Target point: 64351.5 points or more Stop Loss: 59008.5 points
(SHORT) 1. Entry point: When breaking below the 52330.0 point Target point: 1st point below 48323.0 point, 2nd point below 44316.0 point Stop Loss: 53666.0 point
2. Entry point: When breaking below the 42980.0 point Target point: 40309.0 point or less Stop Loss: 44316.0 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 will increase your ability to trade mechanically, I think you'll definitely start to get good results.
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(OKEX BTCUSDTPERP 1h chart)-Short term strategy
(LONG) 1. Entry point: When exceeding 54386.0 point Target point: 1st 57487.3 point or higher, 2nd 60588.6 point or higher Stop Loss: 52835.4 point
2. Entry point: When breaking above the 62139.2 point Target point: 66791.1 point or higher Stop Loss: 60588.6 point
(SHORT) 1. Entry point: When breaking below the 52835.4 point Target point: 1st 48183.5 or less, 2nd 43531.6 or less Stop Loss: 54386.0 point
2. Entry point: When breaking below the 41981.0 point Target point: 38879.7 points or less Stop Loss: 43531.6 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.
注释
(BAKKT Bitcoin (BTM1!) 1D chart) It started with an increase in the gap (48927.5-49670.0).
We need to see if we can get support at 47444.5-49934.0 and climb along the uptrend line (3).
If it falls between 45202.5-47444.5, a short stop loss is required.