Bitcoin (BTC) - August 27
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(BTCUSDTPERP 1D Chart)
It fell as it failed to rise above the HA-Low indicator.
Point 20794.4 is an important point on the 1W chart.
Therefore, the key is whether it can be supported and rise above the 20570.1-20794.4 section.
If it declines from 20570.1, it is expected to decline to the 19424.9-19930.6 zone.
At this point, you need to check whether it rises above 20794.4 quickly.
If not, you should be cautious as this could lead to further declines.
The HA-Low indicator is an indicator that marks a low.
Therefore, in order to rise, it must rise above the HA-Low index and be supported.
The HA-High indicator is an indicator of a high point.
Therefore, in order to continue the upward trend, it must rise above the HA-High indicator.
- If the CCI line stays above the EMA line, BTC will rise.
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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.)
---------------------------------
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(BTCUSDTPERP 1D Chart)
It fell as it failed to rise above the HA-Low indicator.
Point 20794.4 is an important point on the 1W chart.
Therefore, the key is whether it can be supported and rise above the 20570.1-20794.4 section.
If it declines from 20570.1, it is expected to decline to the 19424.9-19930.6 zone.
At this point, you need to check whether it rises above 20794.4 quickly.
If not, you should be cautious as this could lead to further declines.
The HA-Low indicator is an indicator that marks a low.
Therefore, in order to rise, it must rise above the HA-Low index and be supported.
The HA-High indicator is an indicator of a high point.
Therefore, in order to continue the upward trend, it must rise above the HA-High indicator.
- If the CCI line stays above the EMA line, BTC will rise.
------------------------------------------------------------ -------------------------------------------
** 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:
(ETHUSDT 1W Chart)
The HA-Low indicator is an indicator of a low.
Therefore, if it finds support above the HA-Low indicator, it will likely move higher.
In order to maintain this upward trend, it must rise above the HA-High indicator.
So, you need to shake it up and down to make the HA-High indicator go down.
So, if you hold the price above 1340.12, it is expected to rise.
However, it is only good to maintain the price by rising above 1741.38 on the chart flow.
This is because the 1741.38 area is an important support and resistance zone.
(1D chart)
To move above 1741.38, we need to see if we can find support near 1506.09.
As the 60 SMA line passes near 1506.09, it is important to find support and rise.
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If the chart is messy and messy, please share the chart and use the 'Hide all drawings' function.
Therefore, if it finds support above the HA-Low indicator, it will likely move higher.
In order to maintain this upward trend, it must rise above the HA-High indicator.
So, you need to shake it up and down to make the HA-High indicator go down.
So, if you hold the price above 1340.12, it is expected to rise.
However, it is only good to maintain the price by rising above 1741.38 on the chart flow.
This is because the 1741.38 area is an important support and resistance zone.
(1D chart)
As the 60 SMA line passes near 1506.09, it is important to find support and rise.
------------------------------------------------------------ ------------
If the chart is messy and messy, please share the chart and use the 'Hide all drawings' function.
[Example of exchange chart setup]
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
Therefore, the key to any trading strategy is to seek ways to reduce losses.
Analysis can only interpret the flow of the chart, and trading on analysis alone does not mean the success of the trade.
Through analysis, you can identify support and resistance points and create a trading strategy that suits you, so you can trade successfully when you trade.