StochRSI reflects the flow well. So what is the current flow???
Updated
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The reason why I explain the USDT, USDC, BTC.D, USDT.D chart first is that it is judged that the price change of coins (tokens) can be predicted to some extent if the overall money flow of the coin market is known.
(USDT chart)
If it rises above 68.468B, there is a possibility that the coin market will start a bull market.
(USDC 1D chart)
If it rises above 47.374B, there is a possibility that the coin market will start a bull market.
(BTC.D 1W chart)
The key is whether it can decline after receiving resistance in the 43.75-45.68 section.
Otherwise, if it rises above 45.68, there is a possibility that a strange market will be formed where only BTC rises, or the coin market will show a major decline.
The next volatility period is around March 30th.
(USDT.D 1D chart)
It needs a fine to keep it below 6.90.
A rise in USDT dominance means a fall in the coin market.
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(BTCUSDT 1W chart)
I think the movement of the StochRSI indicator reflects the movement of the price unexpectedly well.
When the price starts to show an upward trend, you can see that the StochRSI indicator remains at the +100 point, just like section A.
After the pull back pattern, such as the B section, StochRSI shows a downward trend, indicating that the decline has become stronger.
If you look at these movements, you can see that they reflect the price movements rather quickly.
Indicators are lagging anyway. (I am not denying this.)
It is an indicator that can play a sufficient role as a tool to verify one's thoughts in the volatility of prices.
Currently, the StochRSI indicator is located around the 98 point.
Therefore, in order to continue the same flow as section A, we need to make sure that the previous high is still renewed.
If it fails to make a new high, the StochRSI indicator will turn to a bearish trend.
This week it broke the previous high.
So, we need to see next week if it breaks this week's high.
(1D chart)
As explained on the 1W chart, it made a new high this week.
So, all that remains is to see where this week's deadline is.
The most important section from the current price position is the 21023.14-21853.06 section.
If this week's candle closes near this zone, it's because the HA-Low indicator on the 1M chart is created at 21023.14.
The next important thing is whether the HA-High indicator on the 1D chart is created at the current price position.
When the price fell around 22487.41, the HA-High indicator on the 1D chart showed an upward move.
Then the price rises and disappears when it rises above 23K.
As much as that, I think it helps us to know that the current price position is an important section that can lead to volatility.
Therefore, when the HA-High indicator on the 1D chart rises and is created, if it is confirmed that it is supported above that point, I think it is highly likely to renew the previous high.
If not, there is a possibility of a sharp decline, so a countermeasure is needed.
Currently, the StochRSI indicator is in a strong downtrend.
If the price stays above 22487.41 while the strength of the downside is strong, StochRSI will turn to the upside.
In this case, BTC will also rise.
If not, it will fall below 22487.41.
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- big picture
A full-fledged uptrend is expected to start when it rises above 29K.
This is the 81K-95K range that we expect to touch in the next bull market.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at (tradingview.com/script/OUA6XoS6-HeikinAshi-MS-Signal-HA-MS/).
** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice day.
-------------------------------------
The reason why I explain the USDT, USDC, BTC.D, USDT.D chart first is that it is judged that the price change of coins (tokens) can be predicted to some extent if the overall money flow of the coin market is known.
(USDT chart)
If it rises above 68.468B, there is a possibility that the coin market will start a bull market.
(USDC 1D chart)
If it rises above 47.374B, there is a possibility that the coin market will start a bull market.
(BTC.D 1W chart)
The key is whether it can decline after receiving resistance in the 43.75-45.68 section.
Otherwise, if it rises above 45.68, there is a possibility that a strange market will be formed where only BTC rises, or the coin market will show a major decline.
The next volatility period is around March 30th.
(USDT.D 1D chart)
It needs a fine to keep it below 6.90.
A rise in USDT dominance means a fall in the coin market.
---------------------------------------
----------------------------------------
(BTCUSDT 1W chart)
I think the movement of the StochRSI indicator reflects the movement of the price unexpectedly well.
When the price starts to show an upward trend, you can see that the StochRSI indicator remains at the +100 point, just like section A.
After the pull back pattern, such as the B section, StochRSI shows a downward trend, indicating that the decline has become stronger.
If you look at these movements, you can see that they reflect the price movements rather quickly.
Indicators are lagging anyway. (I am not denying this.)
It is an indicator that can play a sufficient role as a tool to verify one's thoughts in the volatility of prices.
Currently, the StochRSI indicator is located around the 98 point.
Therefore, in order to continue the same flow as section A, we need to make sure that the previous high is still renewed.
If it fails to make a new high, the StochRSI indicator will turn to a bearish trend.
This week it broke the previous high.
So, we need to see next week if it breaks this week's high.
(1D chart)
As explained on the 1W chart, it made a new high this week.
So, all that remains is to see where this week's deadline is.
The most important section from the current price position is the 21023.14-21853.06 section.
If this week's candle closes near this zone, it's because the HA-Low indicator on the 1M chart is created at 21023.14.
The next important thing is whether the HA-High indicator on the 1D chart is created at the current price position.
When the price fell around 22487.41, the HA-High indicator on the 1D chart showed an upward move.
Then the price rises and disappears when it rises above 23K.
As much as that, I think it helps us to know that the current price position is an important section that can lead to volatility.
Therefore, when the HA-High indicator on the 1D chart rises and is created, if it is confirmed that it is supported above that point, I think it is highly likely to renew the previous high.
If not, there is a possibility of a sharp decline, so a countermeasure is needed.
Currently, the StochRSI indicator is in a strong downtrend.
If the price stays above 22487.41 while the strength of the downside is strong, StochRSI will turn to the upside.
In this case, BTC will also rise.
If not, it will fall below 22487.41.
------------------------------------------
- big picture
A full-fledged uptrend is expected to start when it rises above 29K.
This is the 81K-95K range that we expect to touch in the next bull market.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at (tradingview.com/script/OUA6XoS6-HeikinAshi-MS-Signal-HA-MS/).
** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
Note
(UTC) The two volatility periods shown on the chart failed to break out of the uptrend channel.
The next period of volatility is around January 29th, leaving a rise or fall to 22975.1.
There is a possibility of ignoring these movements and walking sideways like this.
As explained in the text of the idea, the StochRSI indicator of the 1D chart, if the price is maintained above 22471.5, the StochRSI indicator may indicate an increase, so BTC may also rise.
Therefore, the most important thing is whether it is supported or resisted at 22471.5.
The information about position entry is as indicated in the chart.
Nothing has changed, so I won't explain.
Note
<deleted>An increase in USDT's gap means that money has flowed into the coin market.
If this trend continues, the coin market is likely to continue its upward trend.
So, you need to keep a close eye on it.
However, you should also be aware that it is not easy to check in real time because it takes time to aggregate and show.
A fall in USDC's gap means that money has been withdrawn from the coin market.
Therefore, when funds flowing into USDT lead the coin market to an uptrend, a gap decline in USDC can limit the uptrend.
USDC is expected to primarily influence the flow of ETH.
A drop in BTC dominance means that money is being concentrated towards altcoins.
An increase in USDT dominance means that the coin market is likely to decline.
So, the question is whether it can find resistance at 6.90 and drop below 6.21.
Note
(UTC) On the candlestick with the finger, it is expected that the signal of the top I mentioned is broken.
After the high signal, it failed to fall below 22471.5 and showed an upward trend.
Accordingly, the possibility of touching the M-Signal around 24294.1 or on the 1M chart and falling is increasing.
As a basis for this, I heard the sideways movement of USDT.
However, if you look at the USDT chart, you can see that the gap has risen sharply since January 21st.
This shows that the gap has gone up since the volatility period I was talking about started.
At that time, I said that it is possible if the point at which the coin market can be said to be the beginning of the bull market and the bull market is maintained with a gap of 68.468B or more.
It is necessary to check whether such movement is coming out.
On the USDC chart, I said that if the gap rises above 47.374B and is maintained, it is the beginning of a bull market or a bull market.
And, I also said that if it falls below the 39.675B-42.563B section, the coin market is likely to enter a recession.
Therefore, it is necessary to check which direction it is going.
The rise in BTC dominance is expected to make the coin market robust (liquid).
Therefore, we believe that the rise in BTC dominance is a necessary move for the next bull market.
However, if it rises above 45.68, pain is expected to follow.
The pain could be the price collapse of altcoins.
BTC price is also likely to fall, but there is also a possibility of an ambiguous market in which BTC alone rises, so it is expected that a market mainly trading BTC will be formed.
This trend is expected to drive the BTC price above 81K.
If BTC dominance starts to decline as a result of this coin market rally, there is a possibility that the uptrend will continue until BTC dominance falls around the 39.56-40.44 range.
So, I don't think it's likely that the bull market we all know will start at this time.
No matter what I said above, I believe that the trend of the coin market is determined by whether USDT dominance rises or falls.
Therefore, no matter how much BTC price rises, if there is no movement in USDT dominance, it means that there is a high possibility that the price will return to its original state.
Therefore, if the movements of the USDT, USDC, and BTC.D charts are difficult to confirm or difficult to interpret every time, the short-term flow can be predicted to some extent just by checking the movements of the USDT dominance.
Since a significant drop in USDT dominance is yet to be seen, it can be interpreted that the current price rise of BTC is likely to be constrained.
I think it's the beginning of a bull market or bull market, and I think the point of cheering is when it falls below 6.21.
At this time, it is necessary to check the flow of funds in the comprehensive coin market and the movement of the stock market (NAS100USD, DXY, XAUUSD).
By all means, this is the final day of this period of full-blown volatility.
Therefore, you should keep a close eye on the movement after the time indicated on the BTC chart.
The maximum volatility period is until January 31st.
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