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Is it really a sign of buying... Can it rise above MS-Signal...

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BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
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(USDT 1D chart)

(USDC 1D chart)

The rise in the gap between USDT and USDC is considered to be a sign of new funds entering the coin market.


(BTC.D 1D chart)
An increase in BTC dominance means that funds will be concentrated towards BTC.

We need to see if it can rise above 42.72.


(USDT.D 1D chart)
An increase in USDT dominance means that the coin market is likely to decline.

We need to see if it can drop below 8.41.

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(BTCUSDTPERP 1D Chart)
If the price holds above 16422.6, the new trend is expected to continue.

Therefore, the key is whether it can be supported in the 16422.6-16580.6 section or higher and rise above MS-Signal.


With support near 16580.6, we need to see if the Heikin Ashi body indicator can turn into a bullish sign.


Since HA-Low is located at the 16580.6 point, it is judged possible to buy when it shows support in the 16580.6-16730.0 section.

(It is not easy to check the support.
In order to check the support, the movement should be observed for at least 1-3 days.)


StochRSI is looking to enter the oversold zone.

If you do enter the oversold zone, it is important that the price stays above 16422.6 when it exits the oversold zone.


The next period of volatility is around January 6th.


It's an important move to overcome going forward.

To continue the new trend, we need to keep the price above 16422.6.

It needs to rise above 17108.7 to continue the short-term uptrend.

In order to turn into a mid- to long-term uptrend, it must rise above 17864.7.

To create a new trend change, it needs to break out of the downtrend line (1).



(1h chart)
If the price is maintained below the M-Signal line of the 1D chart and below 17108.7, the main position is 'SHORT'.

Therefore, a quick response is required when entering a 'LONG' position.


If it rises from 16422.6-16580.6, it is possible to enter the short term 'LONG'.

1st selling point: 16730.16801.2
2nd: 16938.1-16984.9

At the end of the transaction
1. When the M-Signal of the 1D chart is touched (At this time, it is recommended to end the transaction if it falls below 16730.0).
2. If you have reached the second sale, you can close the transaction at any time.


The criteria for selecting S/L branches will vary depending on whether or not the primary sale has been made.

1. Set the entry point as the next support and resistance point when the first sell has not been completed.

For example, if you entered 'LONG' around 16580.6, your S/L point would be 16572.0 or 16531.4.

After entering, before the price rises, you set it to around 16531.4, and when the price starts to rise, you can change it to around 16572.0.

2. If the first sale is made, set it as the entry price.


If you change a point other than the S/L point you thought at the beginning of the transaction because it did not rise to the first selling point and fell, the transaction may be twisted from then on.

If the trade is closed by touching the S/L point, it is best to check the price movement and trade again.


The 16730.0-16801.2 section is currently consolidating, that is, a support and resistance section.

Therefore, entering a position near this section is likely to make your psychology tired, so I think it's better to wait until you've moved away from this section to some extent.

Therefore, the new position point is
1. 'SHORT' when receiving resistance around 16938.1-16984.9
2. 'LONG' when supported around 16422.6-16580.6
I think the above two are suitable for entering a new position.

However, entry into a full-fledged position
1. 'LONG' when supported at 17108.7 and rising
2. Receiving resistance at 16422.6 and 'SHORT' when falling
There are two entry methods as above.

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- big picture
I think you need to be supported in the 13K-15K section to get the power to rise.

Therefore, whether it is rising or falling from its current position, a short-term response is required.

A full-fledged uptrend is expected to start when it rises above 29K.

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

** If you share this chart, you can use the indicators normally.

** The MRHAB-T indicator includes indicators that indicate points of support and resistance.

** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).

(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)

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Commento:
(NAS100USD + DXY + XAUUSD 1D Chart)
It is important to see if it can rise above 11012.7 and be supported.

If not, we believe a drop below 10658.2 is highly likely.
Trade attivo:
The 'SHORT' position entered in the 16938.1-16984.9 section is held after the 1st and 2nd selling.

At the end of the transaction
1. When touching the M-Signal of the 1D chart
2. When touching around 16422.6
Trade chiuso: stop raggiunto:
The 'LONG' position, which entered the 16572.0 point, was terminated by touching the S/L point.


I placed a back order for the 'LONG' position again at 16572.0-16580.6.
Trade chiuso: obiettivo raggiunto:
(BTCUSDTPERP 1h chart)
The 'SHORT' position entered in the 16938.1-16984.9 section was terminated by touching 16422.6.

There are currently no open positions.

When it breaks out of the 16422.6-16580.6 section, it will enter the position shown on the chart.

[Example of exchange chart setup]

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

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