A trading strategy was created. Is it really win or lose...
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Traders, welcome.
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Please also click "Boost".
Have a good day.
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(USDT 1D chart)
(USDC 1D chart)
The rise in the gap between USDT and USDC is considered to be a sign of new funds entering the coin market.
(BTC.D 1D chart)
An increase in BTC dominance means that funds will be concentrated towards BTC.
We need to see if it can rise above 42.72.
(USDT.D 1D chart)
An increase in USDT dominance means that the coin market is likely to decline.
We need to see if it can drop below 8.41.
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(BTCUSDTPERP 1D Chart)
As it shows support around 16730.0, it is at the point where the first buy is possible.
This is because it is showing support around 16730.0 on the 5th day after rising above 16730.0 on December 20th.
Accordingly, since MS-Signal is declining, it is expected to touch it soon.
At this time, it is important to be able to break through MS-Signal upward.
The first selling point is around 17108.7, but if it fails to break above MS-Signal, it could be the first selling point too.
You can make these decisions based on your own trading strategy.
You can proceed to the stop loss point when you see resistance at 16422.6-16580.6.
Before trading as above, you need to set all of the first buying and selling points and stop loss points before proceeding with the transaction so that you can escape from the psychological anxiety that occurs after starting the transaction to some extent.
The key to creating a trading strategy is to minimize possible losses.
It's an important move to overcome going forward.
To continue the new trend, we need to keep the price above 16422.6.
It needs to rise above 17108.7 to continue the short-term uptrend.
In order to turn into a mid- to long-term uptrend, it must rise above 17864.7.
To create a new trend change, you need to break out of the downtrend line (1).
(1h chart)
If the price is maintained below the M-Signal line of the 1D chart and below 17108.7, the main position is 'SHORT'.
Therefore, a quick response is required when entering a 'LONG' position.
A 'LONG' position entered near 16422.6-16580.6 is still in progress.
The trading end point of the 'LONG' position in progress
1. When touching the M-Signal of the 1D chart
2. When it falls to the entry price
I think that it will be possible to create a standard for future trading strategies only when it is ended by the above two methods.
The 16730.0-16801.2 section is currently sideways, that is, support and resistance.
Therefore, entering a position near this section is likely to make your psychology tired, so I think it's better to wait until you've moved away from this section to some extent.
Therefore, the new position point is
1. 'SHORT' when receiving resistance around 16938.1-16984.9
2. 'LONG' when supported around 16422.6-16580.6
I think the above two are suitable for entering a new position.
However, entry into a full-fledged position
1. 'LONG' when supported at 17108.7 and rising
2. Receiving resistance at 16422.6 and 'SHORT' when falling
There are two entry methods as above.
When you start trading, choosing a trading point without your own psychological state is very likely to fail.
Therefore, it is recommended to check your psychological state first and proceed with trading when you are in a stable and peaceful state.
-------------------------------------------
- big picture
I think you need to be supported in the 13K-15K section to get the power to rise.
Therefore, whether it is rising or falling from its current position, a short-term response is required.
A full-fledged uptrend is expected to start when it rises above 29K.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(USDT 1D chart)
(USDC 1D chart)
The rise in the gap between USDT and USDC is considered to be a sign of new funds entering the coin market.
(BTC.D 1D chart)
We need to see if it can rise above 42.72.
(USDT.D 1D chart)
We need to see if it can drop below 8.41.
---------------------------------------
(BTCUSDTPERP 1D Chart)
This is because it is showing support around 16730.0 on the 5th day after rising above 16730.0 on December 20th.
Accordingly, since MS-Signal is declining, it is expected to touch it soon.
At this time, it is important to be able to break through MS-Signal upward.
The first selling point is around 17108.7, but if it fails to break above MS-Signal, it could be the first selling point too.
You can make these decisions based on your own trading strategy.
You can proceed to the stop loss point when you see resistance at 16422.6-16580.6.
Before trading as above, you need to set all of the first buying and selling points and stop loss points before proceeding with the transaction so that you can escape from the psychological anxiety that occurs after starting the transaction to some extent.
The key to creating a trading strategy is to minimize possible losses.
It's an important move to overcome going forward.
To continue the new trend, we need to keep the price above 16422.6.
It needs to rise above 17108.7 to continue the short-term uptrend.
In order to turn into a mid- to long-term uptrend, it must rise above 17864.7.
To create a new trend change, you need to break out of the downtrend line (1).
(1h chart)
If the price is maintained below the M-Signal line of the 1D chart and below 17108.7, the main position is 'SHORT'.
Therefore, a quick response is required when entering a 'LONG' position.
A 'LONG' position entered near 16422.6-16580.6 is still in progress.
The trading end point of the 'LONG' position in progress
1. When touching the M-Signal of the 1D chart
2. When it falls to the entry price
I think that it will be possible to create a standard for future trading strategies only when it is ended by the above two methods.
The 16730.0-16801.2 section is currently sideways, that is, support and resistance.
Therefore, entering a position near this section is likely to make your psychology tired, so I think it's better to wait until you've moved away from this section to some extent.
Therefore, the new position point is
1. 'SHORT' when receiving resistance around 16938.1-16984.9
2. 'LONG' when supported around 16422.6-16580.6
I think the above two are suitable for entering a new position.
However, entry into a full-fledged position
1. 'LONG' when supported at 17108.7 and rising
2. Receiving resistance at 16422.6 and 'SHORT' when falling
There are two entry methods as above.
When you start trading, choosing a trading point without your own psychological state is very likely to fail.
Therefore, it is recommended to check your psychological state first and proceed with trading when you are in a stable and peaceful state.
-------------------------------------------
- big picture
I think you need to be supported in the 13K-15K section to get the power to rise.
Therefore, whether it is rising or falling from its current position, a short-term response is required.
A full-fledged uptrend is expected to start when it rises above 29K.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
[Example of exchange chart setup]
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
