We have to see if we can ascend to the 48214.0-50752.0 range.
We need to see if we can get support and move sideways in the 44888.0-47265.5 section.
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.
If you put together the BTC-related charts we uploaded, the period of volatility is expected to start around March 4. Therefore, I think it is important to check the movements until around March 4th.
(1W chart)
(1M chart)
From the 1W chart and 1M chart, you can see that the 44888.050752.0 section is an important section. I think we are forming new support and resistance. Accordingly, it is expected that a trend will form depending on which way you can break through this interval.
If it falls near the 38225.0-40600.0 range, the fear of the fall is maximized and the sell-off may increase, so careful trading is necessary.
Accordingly, if the downtrend proceeds, we have marked the points where we are expected to receive support and resistance.
The first big rebound or uptrend is expected to come out if supported in the 27039.5-29350.0 range.
-----------------------------------------------
(BTC Dominance 1D Chart) 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.
You should watch for any movement that deviates from 61.20-62.12.
We believe that while BTC price is undergoing a downward correction, BTC dominance has moved sideways, leading to sporadic pumping of altcoins. Accordingly, I think that the same-day trading market has been formed.
On February 26, the uptrend line (1) and the downtrend line (3) intersected, and it is expected to show direction around March 7. Until then, it remains to be seen if BTC dominance can continue sideways.
We believe that rising or falling BTC dominance affects the rising and falling prices of altcoins.
If the BTC dominance rises above 63.38 points, the altcoin price is expected to turn downward.
(USDT Dominance 1D Chart) Touch the M-Signal line or 2.842 point on the 1W chart and see if it can go down. In particular, it remains to be seen if it can fall below the downtrend line (2).
You need to see if you are off the short-term uptrend line and get resistance at the 2.541 point.
I think the rise in USDT dominance means that money is being pulled out of the coin market.
** 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 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)
Ghi chú
(CME Bitcoin (BTC1!) 1D chart) It started with a fall in the gap (46325.0-45500.0). We have to see if we can ascend to the 49100.0-52040.0 section. We have to see if it moves sideways at 44915-49100.
Ghi chú
(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 44316.0 point Target point: 1st point 48323.0 point or higher, 2nd point 52330.0 point or higher Stop Loss: 42980.0 point
2. Entry point: When it exceeds the 53666.0 point Target point: 56337.5 points or more Stop Loss: 52330.0 point
(SHORT) 1. Entry point: When breaking below the 42980.0 point Target point: 1st point below 40309.0 point, 2nd point below 37637.5 point Stop Loss: 44316.0 point
2. Entry point: When breaking below 36301.5 point Target point: 32294.5 points or less Stop Loss: 37637.5 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 will increase your ability to trade mechanically, I think that if you proceed, you will definitely start to get good results.
-----------------------------------------------
(OKEX BTCUSDTPERP 1h chart)-Short-term strategy
(LONG) 1. Entry point: When it exceeds 43531.6 point Target point: 1st 48183.5 or higher, 2nd 52835.4 or higher Stop Loss: 41981.0 point
2. Entry point: When it exceeds the 54386.0 point Target point: 57487.3 point or higher Stop Loss: 52835.4 point
(SHORT) 1. Entry point: When breaking below the 41981.0 point Target point: 1st 38879.7 points or less, 2nd 35778.4 points or less Stop Loss: 43531.6 point
2. Entry point: When breaking down the 34227.8 point Target point: 29575.9 points or less Stop Loss: 35778.4 point
------------------------------------------------
(Binance BTCUSDTPERP 1h chart)
Please refer to the short-term strategy descriptions on other charts to create a short-term strategy.
Ghi chú
(USDT Dominance 1D Chart) It is breaking off the short-term uptrend line. It remains to be seen if it can decline from the short-term uptrend line.
Ghi chú
(BAKKT Bitcoin (BTM1!) 1D chart) It started with an increase in the gap (46205.0-46630.0). We must see if we can ascend above the 49934.0-49934.0 section. If it falls between 45202.5-47444.5, a short stop loss is required.
Other content (coins, stocks, etc.) is frequently posted on X.
X에 다른 내용(코인, 주식 등)이 자주 게시됩니다.
Ngoài ra, trên:
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.