Bitcoin (BTC) - May 15 (New Start-3)
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(BTCUSDT 1D chart)
We have to see if we can get support and climb in the 48199.13-50736.52 section.
In particular, we have to see if we can get support at 49707.43.
It remains to be seen if it can rise above the 60886.07 point between May 14-20.
If it falls in the 48199.13-50736.52 section, a Stop Loss is required to preserve profit and loss.
However, you can touch and climb the 40586.96-45135.66 section, so you need to think about how to respond.
We need to see if the center line rises as the green of OBV on the volume indicator increases.
The green color of OBV stands for buying.
So, you can see that the buy is superior to the sell.
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(XBTUSD 1W chart)
(1D chart)
We have to see if we can get support and climb in the 48214.0-50752.0 range.
In particular, we have to see if we can get support at point 49876.5.
It remains to be seen if it can rise above the 60904.0 point between around 14-19 of May.
You should also see if you can climb along the uptrend line (3).
If it falls in the 48214.0-50752.0 range, Stop Loss is required to preserve profit and loss.
However, you need to trade carefully as you can touch and climb the 40600.0-45211.5 section.
From the BTC Dominance Chart and the USDT Dominance Chart, it is expected to touch an important point or segment around May 15th.
Accordingly, volatility is expected to occur once again.
We hope that this volatility will allow us to predict to some extent the trend of the BTC price.
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(BTC Dominance (BTC.D) 1D Chart)
Despite the falling BTC price, BTC dominance is falling.
We have to see how the volatility around May 15th shows how it moves.
Therefore, careful trading is necessary.
If the BTC price falls, the altcoins' price will inevitably fall.
Accordingly, it is necessary to keep an eye on the movement of the BTC price.
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(USDT Dominance (USDT.D) 1D chart)
We'll have to see if it can decline in the 2.532-2.670 range.
In particular, it remains to be seen if it can fall below the uptrend line (1).
If it rises above 2.532 points, the prices of coins will show a further decline than they are now.
As such, it remains to be seen if it can fall below the uptrend line (1).
If it falls below the 2.181 point, the coin market is expected to continue the upward trend.
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It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit.
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** 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)
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(BTCUSDT 1D chart)
We have to see if we can get support and climb in the 48199.13-50736.52 section.
In particular, we have to see if we can get support at 49707.43.
It remains to be seen if it can rise above the 60886.07 point between May 14-20.
If it falls in the 48199.13-50736.52 section, a Stop Loss is required to preserve profit and loss.
However, you can touch and climb the 40586.96-45135.66 section, so you need to think about how to respond.
We need to see if the center line rises as the green of OBV on the volume indicator increases.
The green color of OBV stands for buying.
So, you can see that the buy is superior to the sell.
------------------------------------
(XBTUSD 1W chart)
(1D chart)
In particular, we have to see if we can get support at point 49876.5.
It remains to be seen if it can rise above the 60904.0 point between around 14-19 of May.
You should also see if you can climb along the uptrend line (3).
If it falls in the 48214.0-50752.0 range, Stop Loss is required to preserve profit and loss.
However, you need to trade carefully as you can touch and climb the 40600.0-45211.5 section.
From the BTC Dominance Chart and the USDT Dominance Chart, it is expected to touch an important point or segment around May 15th.
Accordingly, volatility is expected to occur once again.
We hope that this volatility will allow us to predict to some extent the trend of the BTC price.
----------------------------------------------
(BTC Dominance (BTC.D) 1D Chart)
We have to see how the volatility around May 15th shows how it moves.
Therefore, careful trading is necessary.
If the BTC price falls, the altcoins' price will inevitably fall.
Accordingly, it is necessary to keep an eye on the movement of the BTC price.
--------------------------------------------------
(USDT Dominance (USDT.D) 1D chart)
In particular, it remains to be seen if it can fall below the uptrend line (1).
If it rises above 2.532 points, the prices of coins will show a further decline than they are now.
As such, it remains to be seen if it can fall below the uptrend line (1).
If it falls below the 2.181 point, the coin market is expected to continue the upward trend.
--------------------------------------
It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit.
-------------------------------------------------- -------------------------------------------
** 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)
Komentarz:
(XBTUSD 1h chart)
(UTC)
Check the movement before and after the time indicated on the chart.
It fell without breaking the 51334.5 point.
You should watch for any movement that deviates from 49196.3-51334.5.
In particular, we have to see if we can get support at point 49876.5 on the 1W chart and get off the downtrend line (b).
We must see if we can get support by ascending to the support section of 52825.0-54962.5.
(UTC)
It fell without breaking the 51334.5 point.
You should watch for any movement that deviates from 49196.3-51334.5.
In particular, we have to see if we can get support at point 49876.5 on the 1W chart and get off the downtrend line (b).
We must see if we can get support by ascending to the support section of 52825.0-54962.5.
Komentarz:
(XBTUSD 1h chart)
(UTC)
If we deviate from the short-term sideways section of 49196.3-51334.5, a new wave is expected to be created.
On the wRSI_SR indicator, the RS line is showing a short-term downtrend.
At this point, if it is supported at 49196.3, it is expected to rise significantly when it shows a short-term uptrend.
On the CCI-RC indicator, the CCI line has crossed above the EMA line and is trying to cross it again.
However, since the CCI line is moving at -100, I think it is showing the same movement as the night before the storm before it showed volatility.
If the CCI line starts to rise from -100 to 0, it is expected to rise above 51935.5.
It fell without breaking off the downtrend line (b).
We must watch for any movement that deviates from the downtrend line (b).
If you don't see any support in the 52825.0-54962.5 section, you need to trade carefully because we think it's highly likely to fall below 45K.
(UTC)
On the wRSI_SR indicator, the RS line is showing a short-term downtrend.
At this point, if it is supported at 49196.3, it is expected to rise significantly when it shows a short-term uptrend.
On the CCI-RC indicator, the CCI line has crossed above the EMA line and is trying to cross it again.
However, since the CCI line is moving at -100, I think it is showing the same movement as the night before the storm before it showed volatility.
If the CCI line starts to rise from -100 to 0, it is expected to rise above 51935.5.
It fell without breaking off the downtrend line (b).
We must watch for any movement that deviates from the downtrend line (b).
If you don't see any support in the 52825.0-54962.5 section, you need to trade carefully because we think it's highly likely to fall below 45K.
[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/
We need to see if we can get support at 61712000 and move up along the uptrend line (3).
In particular, it remains to be seen if it can deviate from the downtrend line (6).
If it falls in the 56052000-58981000 range, Stop Loss is required to preserve profit and loss.
It is possible to touch the 47268000-51798000 section and go up, so you need to think about how to react to it.
If you're climbing from 73622000, you'll have to watch to see if it rises above 82407000.
You can touch and drop the 77706000-82407000 section, which was the previous high, so make sure to check if it rises above the 82407000 point.
(Upbit BTCKRW 1D chart)