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Bitcoin (BTC) - July 25

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BINANCE:BTCUSDT   Bitcoin / TetherUS
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(BTCUSDT 1W Chart)
Resistance: 27033.35-29812.52

1st support: 21475.02
2nd support: 13137.51-15916.68

In order to turn into an uptrend and continue a full-fledged uptrend, it needs to rise above 29812.52 for support.


- If the price is maintained above the HA-Low indicator line (21838.98), it is expected to lead to further gains.


- The Stoch RSI indicator is rising and is expected to enter the overbought zone soon.

When the RSI moves out of the oversold zone and the Stoch RSI enters the overbought zone, a short-term high is likely.

It is not known to what point this short-term high will rise.

Expect to touch the 23733.48-25389.99 segment (up to 27033.35-29812.52).



(1D chart)
Primary Resistance: 23733.48-25389.99
Secondary resistance: 27033.35-29812.52

If the resistance section is divided in detail, it can be divided into a section 23733.48-25389.99 and a section 27033.35-29812.52.

These sections refer to the section where the diagonal Fibonacci line and the horizontal Fibonacci line pass.

Therefore, the entire section 23733.48-29812.52 becomes the resistance section.


The support zone is the same as mentioned in the description of the 1W chart.


- Support above the HA-High indicator line (22753.10) is expected to lead to further gains.

Therefore, the key is to maintain the price above the 22487.41-22753.10 interval.


- If the Stoch RSI indicator enters the oversold zone, you should check where support and resistance are found.


- In the CCI-C indicator, the CCI line is maintaining above the EMA line and the -100 point.

So, finding support near 22487.41 could lead to further upside.


The interval 27033.35-29812.52 is the interval that determines the trend.

Therefore, if it falls without being supported in the section 27033.35-29812.52, Stop Loss is required to preserve profit and loss.

Therefore, if it falls in the section 27033.35-29812.52 and receives resistance at 26574.53, Stop Loss is required.


The volatility between July 24-26 requires checking to see if there is any movement out of the 21475.02-23733.48 section.

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(USDT + USDC 1D Chart)
If the flow of money doesn't show a clear uptrend, the coin market won't be able to turn upside down.

USDT needs to move higher than 68.468B for a clear uptrend.


(1W chart)

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- For this uptrend to lead to an uptrend, more funds must first flow into the coin market.

- An uptrend that emerges from an otherwise unfavorable situation is nothing more than a rebound that can come from a downtrend.

- In such market conditions, trading should respond to volatility with short-term trading.

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** 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 the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** 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.)

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Komen:
(US 100 CFD (Nasdaq) 1W Futures Chart)
Resistance: 12679.8-12932.3
Support: 12212.6-12374.1

You should check for movement outside the 12212.6-12932.3 zone, which is the critical support and resistance zone.
Komen:
The flow of funds supporting the coin market is not very good.

I don't think it's good to wait indefinitely if the price rises in this flow of money.

To some extent, you need to make short-term trades to secure funds.

Because it goes down faster than it goes up.


Even if it falls further than the current price, it will be in the bottom section anyway.

So, waiting indefinitely is one option, but you should have some cash on hand as you may miss out on a better opportunity.


You need to think about whether you can increase your holdings while securing cash.
Komen:
(BTCUSDT 1M Chart)
Resistance: 27033.35-29812.52
Support: 13137.51-15916.68
Komen:
What criteria do you use when buying or selling?

By adhering to any standard, you are more likely to end up with a successful trade.

However, the standard must be an objective standard.

When you think about it, it is not good to trade with a vague thought that it is okay to buy or sell at this point.

This is because, if you trade with such a mindset, your thinking is likely to change according to price volatility.


Therefore, you must trade on an objective basis.


The most important thing in trading is responsiveness.

If you buy and the price rises, it is important to make a profit by selling in installments or liquidation based on objective criteria.

It is not a good idea to unconditionally wait for more time to get more profit.

Even if you wait, you need to make the right trades to increase your holdings or circulate your investment to get better opportunities.


Also, having cash is important for trading.

Having cash can reduce the psychological burden of buying and increase your chances of getting new opportunities.

It is a good way to lower the average unit price of purchases with split purchases.

Recovering the purchase principal by selling in installments when the price rises will benefit from cash holdings.

At this time, you need to think about whether you will get pure cash income by selling in installments or whether to increase the number of coins corresponding to the profit.

For this purpose, it is necessary to make sure that the coin (token) currently being traded will start trading from a short-term point of view or from a mid/long-term point of view before proceeding with the transaction.

If the price rises and you start buying blindly without making such a decision, there is a possibility that the standard you need to respond to will be mixed up and you will end up with a transaction with regrets.


Before you start buying, you should roughly establish the purpose of the trade (short-term, mid-to-long term, etc.), the size of your investment, and the point of buying and selling.

This is because, before making a purchase, you can create a standard for trading with a more objective standard from the perspective of a third party.

However, once you start buying, there is a high probability that it will become difficult to conduct a proper trade on a subjective basis due to price volatility over time.


In order to proceed with trading according to objective standards, you must keep your psychological state stable.

The reason the psychological state becomes unstable is when we cannot respond.

So, once you start buying, you have to react to the price movement.


Are you currently responding to price movements?

To get more profit, you need to minimize your losses.

So, don't just buy and think that the price will go up, but think about how to respond when the price goes down before proceeding with the trade.

If you are prepared for a fall in price, you will be able to automatically respond to the rise and obtain a stable and steady profit.


We wish you a successful investment.

thank you

[Example of exchange chart setup]

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

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

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