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, it is necessary to trade carefully as it is supported in the 44888.0-47265.5 section and can move sideways.
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.
(1h chart) (UTC) You should see the movement before and after the time indicated on the chart. If the uptrend line (1)-(2) is supported as an important uptrend channel, we expect further gains. If it falls, you need to make sure you get support at 44888.0-47265.5.
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(BTC Dominance 1D Chart) You should watch for any movement that deviates from 58.89-63.38. In particular, you need to see if you can drop 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.
If BTC dominance rises above 63.38 points, altcoin price is expected to turn downward.
USDT dominance is showing a gradual rise. Accordingly, BTC dominance may also rise slowly, so careful trading is necessary.
(USDT Dominance 1D Chart) If it rises above the downtrend line (2) or the 2.406 point, most coins are expected to fall, so careful trading is required.
If it rises above the 2.406 point, it is expected to touch the M-Signal line or the 2.842 point of the 1W chart.
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 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 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 and 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: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
ملاحظة
(CME Bitcoin (BTC1!) 1D chart) It started with a fall in the gap (49415.0-48320.0). You need to make sure you are supported in the 49100.0-52040.0 section. In particular, it remains to be seen if it can rise along the uptrend line (3). If you fall at the 49100 point, you'll have to see if you get support and move sideways in the 44915-49100 range.
ملاحظة
(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 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 48323.0 point or less, 2nd 44316.0 point or less 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 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 exceeding the 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 points: 1st 48183.5 points or less, 2nd 43531.6 points 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.
ملاحظة
(BAKKT Bitcoin (BTM1!) 1D chart) It started with a fall in the gap (48757.5-47652.5). 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.
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