It fell below the 18280.5 point, showing a decline that made you feel like the trend was reversed.
This seems to have occurred because fewer people are willing to buy than expected, so they have not received the quantity to realize profits.
I think that the many rises have also increased the fatigue of those who hold BTC, and the anxiety about the decline is increasing. Therefore, I think that this anxiety should be reduced with a mechanical stop loss setting.
By touching the 17656.0 point and ascending, it made me think I should hang the Stop Loss below the 17656.0 point. However, if that happens, there is a lot of regret as it is a Stop Loss after too many drops.
Therefore, Stop Loss should also be set in divisions.
If it falls from 18280.5, it is a short-term stop loss. By splitting it into short-term stop losses, you need to make room for re-entry when rising after falling.
If it falls at 17422.0, it is a Stop Loss to preserve profit and loss. It is a Stop Loss that proceeds after a lot of declines, but I think it is necessary to preserve profits by selling before falling further.
In order to do a trend change, you need to see a trend change. Therefore, I think we can know that the trend will change only after falling to the 16290.0 point.
Falling does not mean that a trend shift is underway.
All choices are yours, and all decisions are yours. For this, I think that the mechanical Stop Loss setting, as mentioned above, helps in selection and decision to some extent.
The volatility around November 23rd (November 22nd-24th) should be observed to see if there is any movement that deviates from the 18280.5-19287.5 interval.
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(BTC Dominance 1D Chart) It is falling below the 64.86 point, showing high volatility. We should see if we can touch the 63.38 point
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(USDT Dominance 1D Chart) It showed high volatility. We have to see if we can get below the 3.285 point.
** 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 do not trade 24 hours a day. G1: Closed price G2: Market price at the time of opening
הערה
(XBTUSD 1h chart)-Short term strategy
The 18243.0 point is a possible entry point on the 1h chart. Therefore, we have published a short-term strategy covering 18243.0 points.
I think it is showing a move to get out of it by showing it breaks down the top of the top of the 4 rising channels. So, I think we need to be prepared for a decline in the second bullish channel.
(LONG) Entry point: When breaking above 18327.5 point Target point: 18600.5 points or higher, 2nd 18821.0 points or higher Stop Loss: 18243.0 point (However, if it falls without breaking above the upward trend line (2), it is a Stop Loss.)
(SHORT) Entry point: When breaking below 18243.0 point Target point: 1st 17834.0 or less, 2nd 17683.5 or less Stop Loss: 18327.5 point (However, if it rises without breaking below the uptrend line (1), it is Stop Loss.)
הערה
(OKEX BTCUSDTPERP 1h chart)-Short term strategy
Point 18351.9 is a possible entry point on the 1h chart. Therefore, we have posted a short-term strategy that includes 18351.9 points.
The LONG position, breaking above the 18351.9 point, is risky and has not been posted.
(LONG) Entry point: When breaking above the 18791.4 point Target point: 19121.7 point or higher Stop Loss: 18623.5 point
(SHORT) Entry point: When breaking below 18351.9 point Target point: 1st 17879.8 point or less, 2nd 17305.2 point or less Stop Loss: 18461.1 point
הערה
(CME Bitcoin (BTC1!) 1D chart)
The gap (18685.0-18625.0) began to decline. You should watch for any movement that deviates from the 18090.0-19965.0 range.
If you touch the uptrend line (6), we expect volatility to occur. Therefore, careful trading is necessary.
If it falls from 18090.0, it is a short-term Stop Loss. If it falls at 17465.0, it is a Stop Loss to preserve profit and loss.
הערה
(BAKKT Bitcoin (BTM1!) 1D chart)
It started with a fall in the gap (18765.0-18257.5). If it falls at 18220.5, it is a short-term Stop Loss. If it falls at 17567.5, it is a Stop Loss to preserve profit or loss.
It remains to be seen if the volatility around November 25 causes any movement outside the uptrend line (8)-(7).
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