You need to see if you can get support and climb in the 18280.5-18500.0 range. Also, we have to see if we can ascend above 19287.5 points.
There may be movements that touch the uptrend line (1), so careful trading is necessary.
Therefore, I think you need to think about how to lose Stop Loss and how to re-entry.
If it falls from 18280.5, it is a short-term stop loss. Also, if it falls at 17422.0, it is a Stop Loss to preserve profit and loss.
After Stop Loss, there is no reason to proceed with Stop Loss if you re-enter accordingly because the price increases. Therefore, Stop Loss must be processed under the premise that it does not re-enter.
However, the short-term stop loss is explained below, but it is a stop loss for short-term trading, which is marked as stop loss at the time of re-entry.
I think that just one strategy that follows the basic Stop Loss can change the return on trading.
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(BTC Dominance 1D Chart) Due to volatility around November 21, the decline began at the intersection of the uptrend line (4) and 67.44 points.
It remains to be seen if it can move below the downtrend line (3) and the 64.86 point.
If it falls below the 64.86 point, it is expected to touch the 63.38 point and the uptrend line (5).
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(USDT Dominance 1D Chart) On October 31st and November 13th, as strange signs, I drew a picture that touched the 2.754 and 0.261 points and then disappeared.
It was there before, but I don't know when it happened because I didn't mark it, but after drawing a picture that touched the 5.003 point, the USDT dominance rose and peaked on September 23 and fell.
We have to see if we can get below the 3.285 point. We also have to see if we can touch the critical point of 2.842, falling below the uptrend line (5).
** 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 do not trade 24 hours a day. G1: Closed price G2: Market price at the time of opening
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(XBTUSD 1h chart) - Short term strategy
Since it didn't fall at the uptrend line, I think LONG is more favorable. However, it can fall at any time, so it is worth paying attention to the strategy for the SHORT position.
(LONG) 1. Entry point: When breaking above the 19287.5 point Target point: 129807.5 points or more Stop Loss: 19149.5 point (However, if it falls without breaking above the uptrend line (4), it is Stop Loss.)
2. Entry point: When breaking above the 18492.0 point Target point: 1st 18821.0 point or higher, 2nd 19149.5 point or higher Stop Loss: 18280.5 points (However, if it fails to break above the 18600.5 point and the upward trend line (5), it is a Stop Loss.)
(SHORT) Entry point: When breaking below 18280.5 point Target point: 17834.0 point or less Stop Loss: 18492.0 point
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(OKEX BTCUSDTPERP 1h chart)-Short term strategy
Since it didn't fall at the uptrend line, I think LONG is more favorable. However, it can fall at any time, so it is worth paying attention to the strategy for the SHORT position.
If you enter the SHORT position, you should keep checking the flow of the chart.
(LONG) 1. Entry point: When it exceeds 19286.8 point Target point: 19698.6 point or higher Stop Loss: 19121.7 point
2. Entry point: When breaking above the 18461.1 point Target point: 1st 18791.4 point or higher, 2nd 19121.7 point or higher Stop Loss: 18296.0 point (However, if it fails to break above the 18564.2 point and the upward trend line (3), it is a Stop Loss.)
(SHORT) Entry point: When breaking below 18296.0 point Target point: 17879.8 point or less Stop Loss: 18461.1 point
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(XBTUSD 1h chart) We have to see if it declines in the highest of the four rising channels.
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(XBTUSD 1h chart) (UTC) You should watch for any movement that deviates from the 17617.0-18280.5 section. In addition, We have to see if we have been able to climb along the second ascent channel. We need to see if there is any movement around the new short-term entry point 18243.0. As long as it does not fall below the uptrend line (4) at the end of the 4 uptrend channels, I think the uptrend is still going on.