The chart for the BSV is published for the first time.
You're forming a new high, so you need to be very careful with your trading.
I think that a box section of 287.380 ~ 367.950 is formed.
It is located near 318.580 of this box section.
If it falls, it should be supported in the critical range of 214.210 to 237.390.
We expect to touch 100MA soon.
If so, the short-term MA will converge, and thus the volatility is expected to rise slightly.
For a description of the MA, please refer to the MA (disparity) series on the BTC chart.
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From the BTC trend, I think it is highly likely that January 21 (January 20-January 22) will be an inflection day (a day when the volatility is expected to be severe).
We expect to rise above 200MA on BTC's 1D chart, but we need to think carefully and trade.
You're forming a new high, so you need to be very careful with your trading.
I think that a box section of 287.380 ~ 367.950 is formed.
It is located near 318.580 of this box section.
If it falls, it should be supported in the critical range of 214.210 to 237.390.
We expect to touch 100MA soon.
If so, the short-term MA will converge, and thus the volatility is expected to rise slightly.
For a description of the MA, please refer to the MA (disparity) series on the BTC chart.
--------------------------
From the BTC trend, I think it is highly likely that January 21 (January 20-January 22) will be an inflection day (a day when the volatility is expected to be severe).
We expect to rise above 200MA on BTC's 1D chart, but we need to think carefully and trade.
[Example of exchange chart setup]
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
