readCrypto

Bitcoin (BTC) - March 23

BINANCE:BTCUSDT   Bitcoin / TetherUS
Hello?
Traders, welcome.

If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.

-------------------------------------

(BTCUSDT 1W Chart) - Mid-Long-Term Perspective
28130.0-29300.0 or higher: Expected to continue upward trend

41950.0-46930.0 or more: Expected to create a new wave.

Strong support section: 28K-32K



(1D chart)
Resistance section: 46487.52-49266.69

Support section: 27033.35-29812.52


It is important to keep the price above 40100.0 to break out of the bottom section.

The price must remain above the 41950.0-42373.73 band to transition into an uptrend.

Therefore, it forms a box section in the section 37253.81-42373.73, and if the price is maintained in the section 40100.0-42373.73, the altcoin volatility is expected to increase.


The 46487.52-46266.69 interval is an important interval that determines the trend.

The 40100.0-42373.73 section is a section that transitions from the bottom section to an uptrend, so this section is also an important section that can change the trend.


The next volatility period is around April 8th.


On the wRSI_SR indicator, check whether the movement between March 28-04 01 is following the uptrend line or the RS line is falling below the 50 point.

At this time, you should check the movement of the BTC price in any of the examples below.

- See if you can try to break through the downtrend line (a) drawn near the 45135.66 point

- Maintain price above the 41950.0 section to see if it turns into an uptrend

- Check if it falls to the section 37253.81-38150.02

------------------------------------------------------------ --

(BTCUSDTPERP 1h Chart)
(UTC)
Above the M-Signal on the 1W chart, we need to see if we can turn to an uptrend by moving above the 42567.2 point.

If the price holds above the 42567.2 point, it is expected to lead to an attempt to break through the 45163.4 point.

However, new support and resistance are forming at the 42567.2 point, so we need to check what kind of movement is coming from the 42567.2 point.


- You need support above the 42125.5 point to turn into an uptrend.

- In order to get out of the floor section, you must be supported at least at 39642.8.

- It should find support above the 37243.4 point to avoid turning into a downtrend.

If it falls below the 37243.4 point, it is expected to decline to the 32K level.

------------------------------------------------------------ -------------------------------------------

** 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-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional 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 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.)

---------------------------------

[Example of exchange chart setup]

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

(Upbit)
www.tradingview.com/x/DF6cGh3G/
Отказ от ответственности

Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.