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(XBTUSD 1W chart) It remains to be seen if it can rise along the uptrend line (3) and rise above the 58464.0 point for support.
(1D chart) We need to see if we can get support from 57577.5-58464.0 and climb above the 59029.0 point.
If it falls, you need to make sure you get support at 55828.0-56641.5. In particular, it remains to be seen if it can rise along the uptrend line (3).
We need to see if there is any movement that deviates from the volatility 55828.0-60904.0 range around May 10 (May 9-11).
If it doesn't rise in the 60904.0-63442.0 range, it will eventually fall again. So, you have to think about how to respond.
If it falls in the 48214.0-50752.0 range, Stop Loss is required to preserve profit and loss. However, you need to trade carefully as you can touch and climb the 40600.0-45211.5 section.
(1h chart) Check the movement before and after the time indicated on the chart.
We must see if we can move above the 60904.0 point, breaking above the 57577.5-59029.0 segment.
If it falls, you can touch up to 52825.0-54962.5, so trade carefully.
On the CCI-RC indicator, it remains to be seen if the CCI line can rise along the drawn uptrend line. If you climb along the drawn uptrend line, it is expected to rise above the 60904.0 point.
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(BTCUSDT 1W chart) We have to see if we can ascend above the 58352.80 point.
(1D chart) We have to see if we can get support from 57412.35-58352.80 and climb above 58968.31.
If it falls, you should check if you get support in the range 55811.30-56578.21. In particular, you should watch if it rises along the uptrend line (3).
Due to the volatility around May 11th (May 10th-12th), it remains to be seen if there is any movement that deviates from the 55811.30-60886.07 section, which is the upper sideways section of the sideways section.
If you can't continue the rise by breaking above the important section of 60.886.07-63423.46, it will eventually fall. So, you have to think about how to respond.
If it falls in the 48199.13-50736.52 section, a Stop Loss is required to preserve profit and loss. However, you can touch and climb the 40586.96-45135.66 section, so you need to think about how to respond.
If it breaks above 60.886.07-63423.46 and continues its ascent, it is expected to re-orientate in the 78647.80-81185.19 section.
We should see if the center line rises as the green of OBV on the volume indicator increases.
On the wRSI_SR indicator, we must see if the RS line can rise more than 80 points.
On the CCI-RC indicator, it remains to be seen if the CCI line can rise and rise more than 100 points with the EMA line. At this time, volatility may occur, so careful trading is necessary.
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(BTCKRW 1W chart) We have to see if we can get off the downtrend line.
(1D chart) We need to see if we can get support from the 70694000-73622000 section and get off the downtrend line.
You should watch for movements from around May 10th to around May 19th to see if there is any movement that deviates from the 64837000-82407000 range.
If it falls, you need to make sure you get support at 68567000.
If it falls in the 56052000-58981000 range, Stop Loss is required to preserve profit and loss. It is possible to touch the 47268000-51798000 section and go up, so you need to think about how to react to it.
We need to see if the center line rises as the OBV on the volume indicator increases green.
We must see if the RS line can rise more than 80 points on the wRSI_SR indicator.
On the CCI-RC indicator, it remains to be seen if it can rise above the 100 point and EMA line by ascending along the uptrend line drawn with the CC line.
(Upbit BTCKRW 1D chart)
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(BTC Dominance (BTC.D) 1D Chart) We need to see if there is any movement outside the 43.75-47.64 range due to volatility around May 9th-15th. In particular, it remains to be seen if it can decline along the downtrend line (3).
We have to see if we can touch point 43.17, which was touched as a strange sign due to volatility around May 15th.
It remains to be seen if the CCI-RC indicator can fall below the downtrend line where the CCI line is drawn.
The possibility of a surge near the 43.17-43.75 section cannot be ruled out, so you need to look closely to see if it rises above the downtrend line (3).
BTC dominance may rise due to rising BTC price. Accordingly, altcoins' prices may move sideways or fall.
If BTC dominance continues to rise, you should touch the 47.64-48.81 section and see if it falls.
(USDT Dominance (USDT.D) 1D chart) You should watch for any movement that deviates from the 2.088-2.473 segment. In particular, it remains to be seen if it can fall along the downtrend line and fall below the 2.088 point.
On the CCI-RC indicator, it remains to be seen if the CCI line can touch the EMA line and fall below the drawn uptrend line.
The next volatility period is around May 24th.
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It is advisable to trade at your average unit price. This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price you start trading. If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit.
** 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 the sake of 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: Market price at the time of opening (Example) Gap (G1-G2)
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(CME Bitcoin (BTC1!) 1D chart) It started with an increase in the gap (57760.0-58200.0). The volatility around May 11th (May 10th-12th) should be watched to see if there is any movement that deviates from the 52040.0-63810 range. In particular, it remains to be seen if it can rise along the uptrend line.
If it falls between 49100.0-52040.0, Stop Loss is required to preserve profit and loss. If you do, you can touch the 46325.0 point and go up, so you need to trade carefully.
On the CCI-RC indicator, it remains to be seen whether the CCI line can rise above the EMA line.
(BAKKT Bitcoin (BTM1!) 1D chart) It started with an increase in the gap (57730.0-58350.0). It remains to be seen if it can rise to the 59893.5-62383.0 section along the uptrend line.
If it declines at 47444.5, a Stop Loss is needed to preserve the profit and loss. However, you can touch and climb the 46205.0 point, so you need to trade carefully.