Bitcoin (BTC) - February 23 (USDT Dominance Check)

Cập nhật
Hello?
Dear traders, nice to meet you.

"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.

-------------------------------------------------- -----

We have to see if we can quickly ascend above the 55811.30 point.
If it falls, you need to make sure you get support at 48199.13-50736.52.

If it falls in the 48199.13-50736.52 section, a short stop loss is required.
However, you need to trade carefully as you can touch the uptrend line and go up.

If you fall in the 38150.02-40586.96 section, you can touch the 30437.40-32974.79 section, so you need a Stop Loss to preserve profit or loss.


The volatility around February 24th (February 23-25) is to see if there is any movement deviating from the 50736.52-58945.39 zone.

It remains to be seen if the new move moves up along the uptrend line (7).


BTC prices showed volatility of over 17%.
Due to this, the coin market naturally showed a price adjustment.
If we hadn't seen the movement of USDT Dominance and BTC Dominance together, it was a move that would have done Stop Loss.

----------------------------------------------

(OKEX BTCUSDT 1D chart)
ảnh chụp nhanh
We must see if we can quickly climb above the 56184.0 point.
If it declines, we need to make sure we get support at 48503.1-51063.4.

If it falls between 48503.1-51063.4, a short stop loss is required.
However, you need to trade carefully as you can touch the uptrend line and go up.

If it falls from 40822.2, you can touch the 30581.0-33141.3 section, so you need a Stop Loss to preserve profit or loss.

-------------------------------------------------- -

(Coinbase BTCUSD 1D chart)
ảnh chụp nhanh
We have to see if we can quickly climb above the 55877.16 point.
If it falls, you need to make sure you get support in the 48259.66-50798.82 range.

If it falls in the 48259.66-50798.82 section, a short stop loss is required.
However, you need to trade carefully as you can touch the uptrend line and go up.

If it falls in the 38171.57-40642.15 section, you can touch the 30485.48-33024.65 section, so Stop Loss is required to preserve profit and loss.

-----------------------------------------------

(BTC Dominance 1D Chart)
ảnh chụp nhanh
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)
ảnh chụp nhanh
It fell after touching the downtrend line (2).
Accordingly, all coins were out of the overbought section.
It remains to be seen if new movements emerge in the coin market.

The next volatility period is around March 4.

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.
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 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)
Ghi chú
(XBTUSD 1D chart)
ảnh chụp nhanh
If you compare the A and B intervals, you can't say that there is a downtrend yet.
The downturn point I think is looking at 44888.0.
Accordingly, if the price is maintained above the 44888.0 point, it is highly likely to lead to an increase.

If there is support near the 44888.0 point, it is expected that the direction will be decided between March 5th and 15th.
Bitcoin (Cryptocurrency)btcdominanceBTCUSDBTCUSDTChart PatternsTechnical IndicatorsTrend Analysisusdtdominance

Black Friday sale 70% off :
tradingview.com/black-friday/

Other content (coins, stocks, etc.) is frequently posted on X.
X에 다른 내용(코인, 주식 등)이 자주 게시됩니다.
Ngoài ra, trên:

Bài đăng liên quan

Thông báo miễn trừ trách nhiệm