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( BTCUSDT 1D Chart)
Primary resistance: around 25K
Secondary resistance: 27K-29K
1st support: 23312.42-23810.98
2nd support: 22579.68-22753.10
If support is found in the 23312.42-23810.98 section, an attempt to rise above 25700.0 is expected to continue.
If it falls below the 22579.68-22753.10 section, it may turn into a downtrend, so you should think about countermeasures.
** On the 1h chart, a sharp move is likely to occur, so a short-term response is recommended.
The important points are:
The 23312.42-23810.98 section is the 3rd support section to maintain an uptrend, so if it is supported, it is expected to have the strength to rise above 25700.0.
However, you need to be careful as you can temporarily touch around 22753.10.
At this point, if it fails to move above 23312.42 quickly, it could lead to further declines.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** Background color of Long/Short-S indicator: oversold and overbought sections
** Background color of CCI-C indicator: When the short-term line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(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.)