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It remains to be seen if you can climb along the uptrend line (6) and break off the short-term downtrend line (10).
If it falls in the 27079.41-29300.0 interval, it is expected to turn into a downtrend, so you need to think about how to respond.
It remains to be seen if the width of the buy (green) can increase as the OBV on the indicator turns upward.
On the wRSI-SR indicator, we must see if the RS line can rise by 50 or more.
On the CCI-RC indicator, we need to see if the line can touch 100 and rise.
( UTC )
Check the movement before and after the time indicated on the chart.
(OKEX BTCUSDT 1D chart)
In particular, it remains to be seen if you can climb along the uptrend line (5) and break off the downtrend line (9).
If it falls in the 28165.8-29309.0 interval, it is expected to turn to a downtrend, so you need to think about how to respond.
(Coinbase BTCUSD 1D chart)
You should see if you can climb along the uptrend line (5) and break off the downtrend line (9).
If it falls in the 27040.36-29321.90 range, it is expected to turn into a downtrend, so you need to think about how to respond.
( BTC Dominance 1D Chart)
It remains to be seen if the between around January 28th and around February 7th leads to a movement that deviates from the 63.38-65.89 range.
In particular, it remains to be seen if it can decline along the downtrend line (3).
However, since we believe that the rise and fall of BTC dominance is related to the rise and fall of altcoins, it is supposed to affect the price of altcoins.
In order to rise higher, I think there must be an increase in the BTC price first and then an altcoin.
Now again, we have to see if the BTC price could rise.
(USDT Dominance 1D Chart)
Section B is forming second after section A.
We need to see if we can get resistance and move downward at the downtrend line (2) or at 2.842.
So, we need to see if we can touch the 2.842 point and the downtrend line (2) with around January 29 (January 28-30) and fall.
You should also touch the M-Signal line on the 1W chart and watch it fall.
I think the rise and fall of USDT dominance is related to the trend of the coin market as a whole.
Accordingly, in order to keep the coin market uptrend, USDT dominance must be on the decline.
** All indicators are lagging indicators.
So, it’s important to be aware that the indicator moves accordingly with the movement of price and .
Just for 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 indicator.
Hence, the interpretation is the same as the conventional indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula from 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 or 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, , 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)