Bitcoin (BTC) - April 7

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(BTCUSDTPERP 1D Chart)

Primary resistance (3): around 49135.7
Secondary resistance (4): around 62260.3

Short-term Stop Loss: 45163.4
Stop Loss for Profit and Loss (2): 42366.0

Support section (1): around 38200.0



(1h chart)
** Please note that the trend display on the 1h chart changes frequently, so it is only an approximate flow.

** Since the trend indication was shown according to the flow of the wRSI_SR indicator, it is necessary to check whether divergence occurs.

** Therefore, it is important to see where the support and resistance are found rather than the trend.


In the wRSI_SR indicator, volatility has occurred as the trend is broken.

The RS line is attempting to rise above 80, but as the price has moved sideways, it is more likely to lead to further declines.

However, since divergence has occurred, there is a possibility of a rebound near 45163.4.


Therefore, it is necessary to check whether there is support in the section 42366.0-45163.4.

If it falls below 42366.0, it will fall back to the bottom section and a change in the trend will occur.

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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-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** 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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Kommentar:

Kommentar:

This is a supplementary explanation of the flow of money in the coin market.

(IXIC 1W chart)

(1D chart)

As institutional investors start investing in the coin market, they tend to follow the movement of the stock market during the opening hours of the stock market.

It is believed that this is because institutional investors are launching many products on the coin market.


(USDT + USDC chart)

The funds appear to be flowing through USDC.

However, it appears that funds are flowing into the coin market through USDT.

Therefore, there will be times when the coin market moves differently from the movement of the US stock market.


(BTC.D + USDT.D chart)

Looking at the USDT dominance chart, it found support near 3.784 and is attempting to break above 4.158.

We need to see if we can get below 4.158 with the 6-8 April volatility.

Kommentar:

(BTCUSDTPERP 1h Chart)
(UTC)