Updated

Check if it can rise along the rising trend line (2)

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We need to see if USDT and USDC can continue the gap uptrend.

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(BTC.D 1M chart)

If BTC dominance rises above 62.47 and maintains or continues to rise, altcoins are likely to record a larger decline.

Therefore, you should think about how to respond to the altcoins you are trading.

If the uptrend continues, it is expected to rise to the Fibonacci ratio range of 0 (73.63) ~ 1 (77.07).

In order for the altcoin bull market to begin, it must fall below 55.01 and be maintained or show a downward trend.

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(USDT.D 1M chart)

In order for the coin market to begin an upward trend, the USDT dominance must fall below 4.97 and be maintained or show a downward trend.

If it does not, and it rises, the coin market is likely to show a downward trend.

We need to see if it can meet resistance near the Fibonacci ratio of 0.618 and fall.

If not, the coin market will show a large downward trend as it rises to around 7.14.

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USDT is likely to continue to rise.

This is because it is the fund that supports the coin market.

Due to this, USDT dominance is also likely to continue its upward trend.

Therefore, rather than following the overall flow of USDT dominance, it is better to look at where it starts to decline.

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(BTCUSDT 1D chart)

Whether the price can be maintained above the M-Signal indicator on the 1D chart while maintaining the price above the upward trend line (2) and passing through April 4-6 is the key.

In order to continue the upward trend, it must rise above 89294.25, so if possible, we should also look at whether it can rise above 89294.25.

If it does not and falls along the downward trend line, it is possible that it will touch around 73499.86 during the volatility period around April 25.

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The most recently formed high-point trend line is trend line (3).

And, the recently formed low-point trend line is the (2) trend line.

Since these two trend lines are not moving in one direction, we can see that we are currently in the volatility zone.

If the StochRSI indicator rises this time and forms a peak in the overbought zone and then falls, the high-point trend line will draw an upward trend line like the low-point trend line.

When that happens, it seems likely that the trend will start.

Therefore, the point of interest is whether the two volatility periods in this April, around April 5 and around April 25, will become turning points.

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Thank you for reading to the end.
I hope you have a successful trade.

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- This is an explanation of the big picture.

I used TradingView's INDEX chart to check the entire BTC range.

I rewrote the previous chart to update it by touching the Fibonacci ratio range of 1.902 (101875.70) ~ 2 (106275.10).

(Previous BTCUSD 12M chart)

Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015.

In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend.

Accordingly, the upward trend is expected to continue until 2025.

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(Current BTCUSD 12M chart)

Based on the currently written Fibonacci ratio, it is displayed up to 3.618 (178910.15).

Fibonacci ratio 0.618 (44234.54) is not expected to fall again.

(BTCUSDT 12M chart)

Looking at the BTCUSDT chart, I think it is around 42283.58.

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I will explain it again with the BTCUSD chart.

The Fibonacci ratio ranges marked in the light green boxes, 1.902 (101875.70) ~ 2 (106275.10) and 3 (151166.97) ~ 3.14 (157451.83), are expected to be important support and resistance ranges.

In other words, it seems likely to act as a volume profile range.

Therefore, in order to break through this section upward, I think the point to watch is whether it can rise with support near the Fibonacci ratios of 1.618 (89126.41) and 2.618 (134018.28).

Therefore, the maximum rising section in 2025 is expected to be the 3 (151166.97) ~ 3.14 (157451.83) section.

To do that, we need to look at whether it can rise with support near 2.618 (134018.28).

If it falls after the bull market in 2025, we don't know how far it will fall, but considering the previous decline, we expect it to fall by about -60% to -70%.

So, if the decline starts near the Fibonacci ratio 3.14 (157451.83), it seems likely that it will fall to around Fibonacci 0.618 (44234.54).

I will explain more details when the downtrend starts.

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Trade active

#BTCUSDT

This volatility period is expected to continue until April 6.

Accordingly, the point of interest is whether it can rise along the rising trend line (2).

The StochRSI 50 indicator formed at the 82389.99 point seems to have served as a support and resistance point.

When a new candle is created, the StochRSI indicator will rise above the 50 point, and it will be created at a new point.

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As mentioned earlier, the trend is expected to be created when a high-point trend line corresponding to trend line (3) is created in the same direction as trend line (2).

Therefore, we should closely observe when the StochRSI indicator creates a peak in the overbought area this time.

The important section is whether the price can be maintained above the M-Signal indicator on the 1W chart, that is, around the Fibonacci ratio range of 2.618 (87814.27) to 1.618 (89050.0).

Note

#BTCUSDT

As the StochRSI indicator rose above the 50 point, the StochRSI 50 indicator was created near the Fibonacci ratio of 2.24 (83646.12).

You can also see that the newly added OBV Line indicator was created near the Fibonacci ratio of 2.24 (83646.12).

This volatility period is expected to continue until April 6.

Therefore, the key is whether it can rise along the rising trend line (2) until the next volatility period, around April 25.

If the price rises, you should check the location when the StochRSI indicator created a peak in the overbought zone.

The reason is that if a trend line is created in the same direction as the rising trend line (2), the trend is likely to continue in that direction.

If it goes down, you should check if it goes down along the downtrend line.

If it doesn't go down below the downtrend line, I think it's likely to go up.

Since the HA-Low indicator on the 1D chart is formed at the 89294.25 point, when it goes up near that point and shows support, it's the time to buy.

Until then, it's better to watch the situation, and if you trade, it's better to trade aggressively and for a short period.

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(Additional: OBV Line indicator)

I made the OBV indicator, which is an auxiliary indicator, to be displayed on the price chart.

The OBV Line line is displayed when the OBV indicator of the auxiliary indicator passes through the lower and upper lines of the Price channel.

These are the indicators that will be displayed in the idea after this time.

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[HA-MS Indicator]
bit.ly/3YxHgvN

[DMI-OBV Trend]
bit.ly/4ibHtMc

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Next Volatility Period: Around April 5 (April 4-6)

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