Day 3 supported at 16.7K
Happy new year!
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice day.
-------------------------------------
(USDT 1D chart)
I need to see if I can keep it at 66.442B or higher.
(USDC 1D chart)
A move out of 44.07B-44.807B came out.
Therefore, we need to see if it leads to further gap reduction.
The rise in the gap between USDT and USDC is considered to be a sign of new funds entering the coin market.
(BTC.D 1D chart)
A drop in BTC dominance means that funds are concentrated towards altcoins.
The next period of volatility is around the 23rd of January.
(USDT.D 1D chart)
An increase in USDT dominance means that the coin market is likely to decline.
We need to see if it can drop below 8.11.
---------------------------------------
(BTCUSDTPERP 1D Chart)
In order to turn into a short-term uptrend, the key is whether the price can maintain the price by rising above 16730.0 and above MS-Signal.
StochRSI is showing the strongest rise, touching the 100 point.
Therefore, it is important to find support around 16730.0 when exiting the overbought zone.
With the 5-7 Jan volatility period, finding support around 16730.0 becomes even more important.
It's an important move to overcome going forward.
To continue the new trend, we need to keep the price above 16422.6.
It needs to rise above 17108.7 to continue the short-term uptrend.
In order to turn into a mid- to long-term uptrend, it must rise above 17864.7.
To create a new trend change, it needs to break out of the downtrend line (1).
(1h chart)
If the price is maintained above the M-Signal line of the 1D chart and above 17108.7, the main position is 'LONG'.
Therefore, a quick response is required when entering the 'SHORT' position.
However, since the current movement of funds in the coin market is not so good, I think it is unreasonable to think of the main position as 'LONG'.
Therefore, I think it is necessary to enter the position according to the sideways section showing the current movement.
Therefore, in order to set the main position to 'LONG', the price must be maintained by rising above 17108.7.
If you show resistance at 'S2', 16938.1-16987.1, you can enter the 'SHORT' position.
1st selling point: 16730.0-16801.5
2nd : 16580.6-16613.5
At the end of the transaction
1. When the entry price is touched
2. When touching the M-Signal of the 1D chart
3. When the 5EMA of the 1D chart is touched and supported
4. When touching around 16422.6
If you show support at 'L1', 17108.7, you can enter the 'LONG' position.
1st selling point: around 17410.5
2nd: Around 17588.0
At the end of the transaction
1. When the entry price is touched
2. When touching the M-Signal of the 1D chart
3. When you touch 5EMA on the 1D chart and get resistance
4. When touched near 17864.7
-------------------------------------------
- big picture
I think you need to be supported in the 13K-15K section to get the power to rise.
Therefore, whether it is rising or falling from its current position, a short-term response is required.
A full-fledged uptrend is expected to start when it rises above 29K.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice day.
-------------------------------------
(USDT 1D chart)
(USDC 1D chart)
Therefore, we need to see if it leads to further gap reduction.
The rise in the gap between USDT and USDC is considered to be a sign of new funds entering the coin market.
(BTC.D 1D chart)
The next period of volatility is around the 23rd of January.
(USDT.D 1D chart)
We need to see if it can drop below 8.11.
---------------------------------------
(BTCUSDTPERP 1D Chart)
StochRSI is showing the strongest rise, touching the 100 point.
Therefore, it is important to find support around 16730.0 when exiting the overbought zone.
With the 5-7 Jan volatility period, finding support around 16730.0 becomes even more important.
It's an important move to overcome going forward.
To continue the new trend, we need to keep the price above 16422.6.
It needs to rise above 17108.7 to continue the short-term uptrend.
In order to turn into a mid- to long-term uptrend, it must rise above 17864.7.
To create a new trend change, it needs to break out of the downtrend line (1).
(1h chart)
If the price is maintained above the M-Signal line of the 1D chart and above 17108.7, the main position is 'LONG'.
Therefore, a quick response is required when entering the 'SHORT' position.
However, since the current movement of funds in the coin market is not so good, I think it is unreasonable to think of the main position as 'LONG'.
Therefore, I think it is necessary to enter the position according to the sideways section showing the current movement.
Therefore, in order to set the main position to 'LONG', the price must be maintained by rising above 17108.7.
If you show resistance at 'S2', 16938.1-16987.1, you can enter the 'SHORT' position.
1st selling point: 16730.0-16801.5
2nd : 16580.6-16613.5
At the end of the transaction
1. When the entry price is touched
2. When touching the M-Signal of the 1D chart
3. When the 5EMA of the 1D chart is touched and supported
4. When touching around 16422.6
If you show support at 'L1', 17108.7, you can enter the 'LONG' position.
1st selling point: around 17410.5
2nd: Around 17588.0
At the end of the transaction
1. When the entry price is touched
2. When touching the M-Signal of the 1D chart
3. When you touch 5EMA on the 1D chart and get resistance
4. When touched near 17864.7
-------------------------------------------
- big picture
I think you need to be supported in the 13K-15K section to get the power to rise.
Therefore, whether it is rising or falling from its current position, a short-term response is required.
A full-fledged uptrend is expected to start when it rises above 29K.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
Trade fermée: cible de profit atteinte:
The 'SHORT' position, entered from 'S2', 16938.1-16987.1, touched the entry price after the first sale and ended the transaction.
Therefore, there are currently no open positions.
Therefore, there are currently no open positions.
[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/
Therefore, the question is whether the price can hold above 11038.2 during the volatility period around January 10th.
In particular, it is necessary to check whether it will rise above 11366.9.
On the DXY chart, the pair closed lower after encountering resistance near 105.292.
The question is whether it can find resistance at 105.292 and drop below 101.860.
On the XAUUSD chart, it closed higher with support near 1835.857.
The most expected section is the 1909.525-1944.714 section where the downtrend line is crossing. We need to see if we can break through this section.