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You need to make sure you can get support at 23502.86.
Between December 24th, we need to watch for any movement that deviates from the 22256.0-24749.72 segment.
You also have to see if you can move up along the uptrend line (6).
If it declines at 21632.52, a Stop Loss is required to preserve profit and loss.
If it can move sideways between 22797.16-23800.0, I think it’s likely to rise along the uptrend line (6).
(OKEX BTCUSDT 1D chart)
Between December 27th, we have to watch for any movement that deviates from the 22087.0-24506.6 section.
If you touch the uptrend line (5), there may be a drastic trend, so you need to trade carefully.
If it falls from 21482.1 point, I think Stop Loss is necessary to preserve profit and loss.
According to the wRSI_SR indicator, the RS line is attempting to break below the SR line and is on a short-term downtrend.
So, if the BTC price sideways near the 23296.8 point, there is a high likelihood of further price gains at the end of the short-term downtrend.
(Coinbase BTCUSD 1D chart)
You should watch for any movement that deviates from 22233.15-24715.45.
You also have to see if you can go up along the uptrend line (5).
If it falls at 21612.58, you need a Stop Loss to preserve your profit and loss.
( BTC Dominance 1D Chart)
Touched point 67.44.
We need to see if we can get resistance at 67.44 and move down.
If it rises above 67.44 points, I think the coin market is likely to see a sharp decline.
In order for altcoin price to rise, BTC dominance must fall.
So, it remains to be seen if it can drop below the 65.89 point.
(USDT Dominance 1D Chart)
We need to see if we can get resistance at the downtrend line (6) and move down.
** All indicators are lagging indicators.
So, it’s important to know that the indicator moves accordingly with the movement of price and .
Just for convenience, we are talking upside down for interpretation of the indicators.
** 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, and BAKKT exchanges were closed because they are not trading 24 hours a day.
G1: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)