Bitcoin (BTC) – December 27 for BINANCE:BTCUSDT by readCrypto — TradingView

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It broke through the section 24749.72-25373.14 upwards at once.

We must see if we can ascend above the 27243.43 point.

If it falls, you need to make sure you get support in the 24749.72-25373.14 range.

If it falls to the 23502.86-24749.72 section, a’Pull Back’ pattern may emerge, so careful trading is required.

It is also the section in which proper Stop Loss must be performed.

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(OKEX BTCUSDT 1D chart)

It surged above the 25111.5 point.
We must see if we can ascend above the 26926.3 point.

If it falls, we need to see if we can get support at 24506.6-25111.5.

If it falls to the 23296.8-24506.6 section, a’Pull Back’ pattern may emerge, so careful trading is required.

It is also the section in which proper Stop Loss must be performed.

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(Coinbase BTCUSD 1D chart)

It surged above the 25336.02 point.
We must see if we can ascend above the 27197.74 point.

If it falls, we need to see if we can get support from 24.715.45-25336.02.

If it falls between 23474.30-24715.45, a’Pull Back’ pattern may emerge, so careful trading is required.

It is also the section in which proper Stop Loss must be performed.

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( BTC Dominance 1W Chart)

BTC dominance is rising to near 72.54 for the first time since September 2019

Altcoins are showing a significantly lower price increase compared to the BTC price increase.

Only some of the altcoins are recording cyclically pumping increases.

I don’t think it is a normal market situation.

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(USDT Dominance 1D Chart)

We have to see if we can get below the 2.970 point.

You will also need to watch for possible movements that deviate from 2.754-3.374.

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** All indicators are lagging indicators.

So, it’s important to be aware that the indicator moves accordingly with the movement of price and volume .

Just for convenience, we are talking upside down for interpretation of the indicators.

** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Hence, the interpretation is the same as the conventional Stochastic RSI indicator. (K, D line -> R, S line)

** CCI-RC indicator is an indicator created by changing the set value from the existing CCI indicator. Therefore, the interpretation is the same as the existing CCI indicator.

** Check support, resistance, and abbreviation points.

** Support or resistance is based on the closing price of the 1D chart.

** All explanations are for reference only and do not guarantee profit or loss on investment.

Explanation of abbreviations displayed on the chart

R: A point or section of resistance that requires a response to preserve profits

S-L: Stop-Loss point or section

S: A point or segment that can be bought for profit generation as a support point or segment

(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You should trade from a short-term investment perspective.)

GAP refers to the difference in prices that occurred when the stock market, CME and BAKKT exchanges were closed because they are not trading 24 hours a day.

G1: Closed price

G2: Market price at the time of opening

(Example) Gap (G1-G2)