Bitcoin (BTC) - July 26
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(BTCUSDTPERP 1W Chart)
RSI Indicator: Oversold Zone
Stoch RSI Indicator: Overbought Zone
Therefore, it is expected to show mixed results.
It is necessary to determine where support and resistance are received.
(1D chart)
Primary Resistance: Rising Channel (23722.8-25373.3)
Secondary resistance: 27054.1-29840.6
1st support: 21481.1-22471.5
Second support: 19930.6-20564.2
The key is whether it can be supported in the 21481.1-22471.5 section and rise to the first resistance section.
The next volatility period is around July 31st.
(1h chart)
** On the 1h chart, a sharp move is likely to occur, so a short-term response is recommended.
You need to see support at the 21481.1-22471.5 section and see if it is moving along the uptrend line.
It can temporarily touch the 20564.2-21481.1 section and rise, so be prepared for this.
At this time, if it fails to move above 22471.5, it is likely to lead to further declines.
------------------------------------------------------------ -------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.
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 through split trading. It is a short-term investment perspective.)
---------------------------------
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(BTCUSDTPERP 1W Chart)
Stoch RSI Indicator: Overbought Zone
Therefore, it is expected to show mixed results.
It is necessary to determine where support and resistance are received.
(1D chart)
Secondary resistance: 27054.1-29840.6
1st support: 21481.1-22471.5
Second support: 19930.6-20564.2
The key is whether it can be supported in the 21481.1-22471.5 section and rise to the first resistance section.
The next volatility period is around July 31st.
(1h chart)
** On the 1h chart, a sharp move is likely to occur, so a short-term response is recommended.
You need to see support at the 21481.1-22471.5 section and see if it is moving along the uptrend line.
It can temporarily touch the 20564.2-21481.1 section and rise, so be prepared for this.
At this time, if it fails to move above 22471.5, it is likely to lead to further declines.
------------------------------------------------------------ -------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.
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 through split trading. It is a short-term investment perspective.)
---------------------------------
[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/
The HA-Low indicator utilizes Heikin Ashi candles to mark support and resistance points.