readCrypto

Bitcoin (BTC) - April 30

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BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
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(BTCUSDTPERP 1D Chart)
Primary resistance: 39915.9-40500.3
Secondary resistance: around 45163.4

Support: 35280.2-38200.0
- 37243.4-38200.0
- 35280.2-36230.0

We need to see if we can find support and move up within the uptrend channel.

Accordingly, the volatility period is around May 3 (May 2-4).


(1h chart)
** A short-term response is recommended as sharp movements are likely to occur on the 1h chart.

Indicators passing through section A are inversely arranged.
Therefore, it is highly likely that volatility will occur, so you need to trade with caution.

It is necessary to check whether it will go sideways within the 38200.0- 40500.3 section.

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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.

(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)

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Commentaire:
(BTCUSDT 1D chart)

[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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