readCrypto

Bitcoin (BTC) - September 3

readCrypto Mod Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
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(BTCUSDT 1D Chart)
Resistance: 22753.10-23949.03
Support: 19946.21-21873.46

The key is whether you can get support from the support zone and move up to the resistance zone.


- As the RSI indicator enters the oversold section and the Stoch RSI indicator enters the overbought section, it is expected to show mixed trends.

In this mixed situation, the key is whether it can be supported around June 21, 1994.


- The Bollinger Bands (60) are contracting and moving sideways, so it is expected that they will expand and become directional in the near future.


- In order to show a short-term uptrend, it is necessary to check whether the price can be maintained by rising above the MS-Signal indicator.

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** All descriptions are for reference only and do not guarantee a profit or loss in investment.

** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.

** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.

** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)

(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.)

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Comment:
(US 100 CFD (Nasdaq) 1D Chart)
The key is whether we can break out of the second big downtrend.

Before that, we need to see if we can break out of the short-term downtrend and move above the 60 SMA.
Comment:
(BTC.D 1D Chart)
BTC Dominance is declining in the 39.56-40.44 range, which is expected to exhibit significant volatility.

Therefore, significant volatility is expected to occur when a deviation from the 39.56-40.44 range occurs.

[Example of exchange chart setup]

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

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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