readCrypto

bitcoin (BTC) - March 30

readCrypto Mod מעודכן   
BITMEX:XBTUSD.P   Bitcoin
You must get support at point 5860.

If it does, there is a possibility that it will fall below the uptrend line (2).

We need to see if we are supported in the 4969-5255 range and rise above the 5860 point when the rebound is on the way.
If it doesn't rise, it will fall again.

In addition, the final drop point is expected to be near the downtrend line (1) and 3430 ~ 4036.5 points.

If you get support at 5860 and make a sidewalk or ascent, you need to make sure it rises above 6543.
And, if it continues to rise, it is expected to rise from 7757 points up to around 8625 points.
It is expected to face a sharp decline after this.


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Most altcoins are affected by the flow of BTC and are gradually losing power.

In this case, you need to be careful about altcoin trading.
We believe that the altcoin must have a lower USDT dominance in order to gain power.

Before trading altcoins, it is recommended to check the flow of the USDT Dominance Chart and the BTC Chart first.

USDT dominance chart.
As the USDT dominance rises, you can see that the money is running out of the coin.

USDT dominance should fall below 1.92, and if it falls below 1.70, I think it is very likely that alt coins will rise.

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הערה:
If you rise above the uptrend line and get support, you are likely to turn U.
הערה:
The 5860 point is a very important point, so mark Stop-Loss.
Note please.
הערה:
הערה:
As it climbed above 1K EMA, it is now a point that must be supported.

[Example of exchange chart setup]

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

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

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