The key is whether this week's candle closes above 43160.0
Updated
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(BTCUSDT 1W chart)
The key is whether this week's candle can close above 43823.59.
If it fails to close above 43823.59, I think there is a high possibility of a decline since it is the 5th week of resistance at 43823.59.
At this time, you need to check whether it can receive support and rise around 37253.81-38531.90.
(1D chart)
This period of volatility runs until January 6th.
Therefore, we need to check where this week's candle closes.
The next period of volatility will be around January 16th.
The fluctuation range in the next volatility period is expected to be in the range of 42053.66-45135.66 (maximum 37253.81-56150.01).
It is necessary to check whether the price can rise along the rising channel based on the rising trend line (2).
---------------------------------------------
USDT and USDC are maintaining an upward trend, creating a gap.
I think this is evidence that funds are continuously flowing into the coin market.
(USDT chart)
If USDT dominance is located below the 5.89-6.39 range, I think the coin market is likely to maintain an upward trend.
(BTC.D chart)
At this time, if BTC dominance falls below 50 and remains, I think there is a high possibility that an altcoin bull market will begin.
Otherwise, if it rises, altcoins are likely to gradually sideways or decline because funds are concentrated towards BTC.
However, as BTC rises, BTC dominance rises, and if BTC dominance rises above 61 and then begins to fall, the coin market is expected to enter a major bull market.
A major bull market refers to a bull market in which most coins (tokens) renew their new highs (ATH) beyond imagination.
Have a good time.
thank you
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are points that are likely to encounter resistance in the future.
We need to see if we can break through these points upward.
Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched.
If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern.
1st: 43833.05
2nd: 32992.55
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
-------------------------------------
(BTCUSDT 1W chart)
The key is whether this week's candle can close above 43823.59.
If it fails to close above 43823.59, I think there is a high possibility of a decline since it is the 5th week of resistance at 43823.59.
At this time, you need to check whether it can receive support and rise around 37253.81-38531.90.
(1D chart)
This period of volatility runs until January 6th.
Therefore, we need to check where this week's candle closes.
The next period of volatility will be around January 16th.
The fluctuation range in the next volatility period is expected to be in the range of 42053.66-45135.66 (maximum 37253.81-56150.01).
It is necessary to check whether the price can rise along the rising channel based on the rising trend line (2).
---------------------------------------------
USDT and USDC are maintaining an upward trend, creating a gap.
I think this is evidence that funds are continuously flowing into the coin market.
(USDT chart)
If USDT dominance is located below the 5.89-6.39 range, I think the coin market is likely to maintain an upward trend.
(BTC.D chart)
At this time, if BTC dominance falls below 50 and remains, I think there is a high possibility that an altcoin bull market will begin.
Otherwise, if it rises, altcoins are likely to gradually sideways or decline because funds are concentrated towards BTC.
However, as BTC rises, BTC dominance rises, and if BTC dominance rises above 61 and then begins to fall, the coin market is expected to enter a major bull market.
A major bull market refers to a bull market in which most coins (tokens) renew their new highs (ATH) beyond imagination.
Have a good time.
thank you
--------------------------------------------------
- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are points that are likely to encounter resistance in the future.
We need to see if we can break through these points upward.
Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched.
If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern.
1st: 43833.05
2nd: 32992.55
-------------------------------------------------- -------------------------------------------
** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
Note
#USDT 1D#USDC 1D
wow! USDT and USDC are continuously showing an upward trend in the gap.
This is evidence that funds are continuously flowing into the coin market.
Even if the indicators on the chart are showing a downward trend, you can't beat the power of money, or FOMO.
Even if it appears to be falling, if USDT or USDC does not show a gap decline, it will eventually continue its upward trend.
By holding an appropriate amount of cash, you need to reserve the power to make additional purchases when prices appear to be falling.
I am confident that the upward trend will continue as long as there is no outflow of funds.
Note
(1D)Basically, we have indicated indicators that can be used as trading standards.
You can create a trading standard by checking whether you receive support or resistance from this displayed indicator.
When the box section formed based on the HA-Low and HA-High indicators breaks upward, a breakout trade can be carried out, and the stop loss point can be designated at the bottom of the box section to respond.
The trend can be interpreted based on the MS-Signal indicator, i.e. the M-Signal indicator on the 1D, 1W, 1M charts.
As shown in the current example chart, if the 1D chart is sorted in the order of M-Signal > 1W > 1M, there is a high possibility that the upward trend will continue.
Therefore, trading is possible depending on whether there is support or resistance from the M-Signal indicator on the 1D, 1W, and 1M charts.
It can also be used to check trends.
If the M-Signal indicator on the 1D chart falls, it can be interpreted that there is a high possibility of a short-term downward trend.
However, as in the current example chart, in a situation where the M-Signal indicator of the 1W chart > the M-Signal indicator of the 1M chart is aligned, a pull back pattern is likely to be created, so you should keep this in mind when creating a trading strategy. .
The horizontal lines shown in the deposit chart above provide the support and resistance points needed to make detailed responses to price volatility.
Accordingly, you can receive help in creating a detailed trading strategy.
The Price Channel indicator can be interpreted in the same way as Bollinger Bands.
However, since it is made up of lines, it can act as support and resistance, so I think it is more convenient to respond by price volatility.
The most important aspects of how to interpret the Price Channel indicator are convergence and expansion.
Although the chart looks a bit complicated, I think it can be helpful in creating a trading strategy by using standards and corresponding interpretation methods.
Note
#BTCUSDT 1DIf a split sale or stop loss was made on the coins (tokens) held when it fell below the 4.316.0-43823.59 range on or before January 3, I think you would feel less psychological anxiety about the current movement. .
After January 3, BTC rose again above 43160.0-43823.59, but altcoins are not recovering well.
However, so far, most altcoins are located near the MS-Signal indicator on the 1M chart, so they are on the verge of turning into an upward trend.
Accordingly, even if the decline continues, it can be seen that it is in a zone where it is difficult to respond.
In this situation, it is necessary to either not respond at all or conduct day trading to increase the average purchase price and the number of coins (tokens) held.
If you respond clumsily and increase your investment proportion, it may be more difficult to respond in the future or you may miss better opportunities due to lack of cash, so you should be cautious about additional purchases.
As explained in the text, where this week's candle closes is expected to be an important issue.
Therefore, if it closes below the 43160.0-43823.59 range and shows resistance, I think it is a good idea to secure some cash by taking a stop loss.
If you have some cash, there is no need to stop loss.
I think the biggest reason why trading fails is because of fear of stop loss.
Note
#BTCUSDT 1DThe current price position may or may not be a high.
If you previously sold 100% when it rose above 45135.66, thinking it was a high point, you may be feeling nervous about the current movement.
Selling 100% like this can actually amplify your psychological anxiety, making it difficult to trade according to your trading strategy.
Therefore, when the price rises beyond a certain level and can no longer reach the high point, it must be sold in installments and the remainder sold at the stop loss point.
Ultimately, only time passes to determine whether a high point has been reached.
Therefore, selling 100% on the assumption that the current price is near the high point will ultimately affect future transactions.
The HA-High indicator is an indicator formed in the high section.
Therefore, in order to form a high, we must see resistance at the HA-High indicator.
Currently, the HA-High indicator is formed at 43450.03.
Therefore, in order to judge that a high has been formed, resistance must be seen at the 43450.03 point.
Also, based on the MS-Signal indicator that indicates the trend, if the price is above, it is likely to be in an upward trend, and if the price is below, it is likely to be in a downward trend.
In particular, you can get help interpreting trends depending on whether the MS-Signal indicator is showing an upward or downward trend.
Since the MS-Signal indicator is currently showing an upward trend and the price is above the MS-Signal indicator, it can be interpreted that there is a high possibility that the current upward trend will continue.
In this situation, it is not a very good response to sell 100% by judging that the current price is the high point based on issues or chart analysis in the coin market.
The coin market is different from the stock market.
In the stock market, when you determine that you are at a high point, you must sell 100% to make a profit.
Otherwise, when the price falls, it is very difficult to find an opportunity to purchase more, so there is a high possibility that you will end up trading erratically.
However, since the coin market allows trading in decimals, 100% selling is actually an unnecessary trading method other than day trading or scalping trading.
Therefore, selling 100% should be considered to mean not trading this coin (token) for more than one wave in the future.
Otherwise, the average purchase price will continue to rise and you will eventually record a loss.
If there is a coin (token) that is currently 100% sold, the transaction should be made after it falls at least -20% or after one or more waves have passed.
Note
#BTCUSDT 1hThe M-Signal indicator on the 1D chart has risen to the psychological resistance range of 43160.0-43823.59.
Accordingly, whether support or resistance is received around the 43160.0-43823.59 section has become an important issue.
Accordingly, if it falls below the 42053.66-43160.0 range, a stop loss is required.
As mentioned in the text, we need to check whether this week's candle can close above the 43823.59 point.
Note
Nothing has been decided.All we can know is the fund flow in the coin market and the support and resistance points of the current price position.
Therefore, you need to check and create a trading strategy to respond when the flow of funds changes or deviates from support and resistance points or sections.
As I keep saying, funds are continuously flowing into the coin market.
I believe this flow of money takes precedence over chart analysis.
Therefore, no matter how much chart analysis confirms that the current price is high, FOMO cannot be overcome if funds continue to flow into the coin market.
If USDT dominance is located below the 5.89-6.39 range, the coin market is likely to continue its upward trend.
Therefore, in order for the coin market to turn into a downtrend, USDT must show a downward trend due to a falling gap and USDT dominance must rise and remain above 6.39.
In order to earn more profits or suffer less losses, we create a trading strategy and try to exclude psychological factors caused by price volatility.
When you need to buy or sell, you must proceed quickly and decisively.
However, if you sell or buy in advance by pre-judging that a downward trend or a sharp increase has not yet occurred, there is a high possibility that psychological anxiety will be amplified.
So, you need to focus on the trading strategy you have decided on.
If you do not currently have a trading strategy in place, check if this week's candle closes above 43823.59 as explained in the text.
Accordingly, create a trading strategy based on whether you receive support or resistance around the 43160.0-43823.59 section.
Please refer to the idea that big-picture trading strategy is all about being able to continue the 4-year cycle pattern.
All I can tell you is this.
The market is currently dominated by FOMO.
The current coin market issue (spot ETF issue) is important, but ultimately, as long as funds do not flow out of the coin market, the coin market will continue to rise.
So, you need to have adequate cash reserves and be prepared to take advantage of any possible downturn.
Also, you need to consider and trade how to increase the number of coins (tokens) you currently hold or how to lower the average purchase price.
Will prices fall in the future? Will it rise? Rather than focusing on how to increase the coins (tokens) you have and how to secure cash.
If you don't currently have any coins (tokens), you can just wait.
Whether the price is rising or falling, it is never too late to watch the movement and create a trading strategy.
There is absolutely no need to fidget.
The key is whether the four-year cycle pattern can be continued
The key is whether the four-year cycle pattern can be continued.
Note
#USDT 1DIt appears that USDT will gap up again.
I believe that the gap rise is a sign of funds flowing into the coin market.
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