XBTUSD (Short Term Strategy) - December 12

We need to see if we can keep the price above the downtrend line (7) or 17950.5

We believe the important support zone at our current location is the 17617.0-17834.0 range.
Therefore, we have published a short-term strategy that includes this segment.

During periods of volatility, it is not expected to be easy to enter into a short-term strategy.
If you enter once, it is recommended not to enter the situation itself, saying that you cannot continue checking the situation because you have to check the situation until it is liquidated.

(LONG)
1. Entry point: When breaking above the 18492.0 point
Target point: 18751.0 point or higher, 2nd 19149.5 point or higher
Stop Loss: 18327.5 point
(However, you can enter after the time indicated on the chart (December 12, 12:00 (UTC), 21:00 (KST)).
If it falls without breaking above the uptrend line (4), it is Stop Loss.)

2. Entry point: When it exceeds 17834.0 point
Target point: 18195.0 point or higher
Stop Loss: 17683.5 points


(SHORT)
1. Entry point: When breaking below 18195.0
Target point: 17834.0 point or less
Stop Loss: 18492.0 point

2. Entry point: When breaking below 17617.0 point
Target point: 17422.0 points or less, 2nd 16886.0 points or less
Stop Loss: 17757.5 points
Bitcoin (Cryptocurrency)Chart PatternsTechnical IndicatorsTrend AnalysisXBTUSD

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