Bitcoin-significant volatility period (around December 11-18)-4

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We need to make sure we can get support at point 18751.0.

It remains to be seen if the volatility around December 14 causes any movement outside the 18751.0-19287.5 range.

You also need to see if you can climb along the uptrend line (2).

I think it shows a willingness to go up as it quickly deviates from the basic short-term downtrend line (6).
This trend is expected to remain obscured by the increase in volume generated when the 19287.5 point is crossed.

(Unlike the general spot chart, the volume of the XBTUSD chart is a contract, so its meaning is a little different, but it generally shows a similar flow, so I am referring to the general spot chart.

It remains to be seen whether the spot market will lead to an upward breakthrough of the 20K range.
I think this will depend on whether it can rise above the 19287.5 point as it rises along the uptrend line (2) after around December 18th.

Following the flow, it is necessary to ensure that the price is maintained above the 20093.0 point due to volatility around December 24-27.

If you climb above the 19287.5 point, the 18751.0 point is the short-term stop loss point.

I think the volatility period around December 11th-18th is an important period in determining the future trend.
Therefore, I think it is good to stop trading for a while and check the flow.
During periods of volatility, you need to be wary of double losses, as fakes can occur more often than otherwise.


(1W chart)
snapshot
I think that the important thing to look at in the 1W chart is the OBV index according to the position of the high and low points of the price and the increase or decrease in volume.

In general, you can see that the highs and lows are steadily rising.
The candle's movement, ending this week, is expected to end with a slight deviation from previous trends.

Therefore, it seems important to be able to climb along the uptrend line (2) shown on the 1W chart.

The wRSI_SR indicator shows a downward trend in the overbought period, and the CCI-RC indicator maintains an upward trend.

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(BTC Dominance 1D Chart)
snapshot
We need to see if we can get resistance and decline at the uptrend line (5) and downtrend line (3).

If BTC dominance continues to rise, I think the price of altcoins is likely to decline.

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(USDT Dominance 1D Chart)
snapshot
It remains to be seen if it can drop below the 3.596 point.
If it doesn't deviate from the downtrend line (1), I think it's likely to fall.

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** 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: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Uwaga
The previous short-term strategy is in progress.
Accordingly, short-term strategies are not separately published.
Bitcoin (Cryptocurrency)Bitcoin FuturesbtcdominanceBTCUSDTPERPBTM1!Chart PatternsTechnical IndicatorsTrend AnalysisusdtdominanceXBTUSD

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