The next period of volatility is around November 16th
Updated
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(USDT.D 1D chart)
As the trend line moves, a period of volatility is expected to begin around November 13th.
Accordingly, it is necessary to check the movement up to November 12-16.
If USDT dominance falls below the 5.89-6.39 range and maintains a downward trend due to resistance, it is expected that an altcoin bull market, or bull market, will begin.
It is expected that this fire field will create a small garden.
A major bull market is expected to begin when BTC shows a full-fledged uptrend, so if a bull market starts this time, I think the work to create a full-fledged uptrend has begun.
(BTC.D chart)
However, in bullish conditions, BTC dominance must fall below at least 50 and maintain a downward trend.
If not, there is a possibility that a strange bull market will continue in which only BTC will rise.
Accordingly, the current coin market can be seen as waiting at the starting point of a bull market.
It can be said that it is unknown whether all coins (tokens) will start together, whether BTC will start alone, or whether it will temporarily take over from the starting point and gather strength again.
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(USDT chart)
Someone is continuously injecting funds into the coin market.
USDT is active on exchanges around the world, so it can be said to be a channel for everyone who wants to trade in the coin market to move funds.
Accordingly, the rise in USDT's gap can be seen as meaning that new funds are continuously flowing into the coin market.
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(BTCUSDT chart)
The reason why I explained the coin market cap chart (USDT.D, BTC.D USDT) before this explanation is to let you know that the current position is that important.
(1M charts)
It is close to the 0.5 point (38745.63), which is the Fibonacci ratio shown on the 1M chart.
Accordingly, if the price is maintained above 37253.81, it is expected to rise above 38745.63.
However, when it passes the 38745.63 point, it seems that the future trend can be predicted depending on whether it passes with a sharp rise or a slow rise.
I think there is a high possibility that this bull market or bull market will end around 43K.
Accordingly, if BTC rises too quickly, there is a possibility that only BTC may rise, preventing the altcoin bull market from starting.
Also, I think there is a possibility that the bull market or bull market will end very briefly.
Therefore, I think it is necessary to pay attention to the movement of BTC dominance.
(1W chart)
What I explained in the 1M chart is about movement in a very big picture.
Accordingly, it is recommended to use it to understand the general concept of movement in the big picture.
In the coin market, I think the trend of the 1W chart is the best.
Therefore, I believe that a more accurate trading strategy can be created by combining and interpreting the trend on the 1W chart with the approximate big picture on the 1M chart.
By combining the support and resistance points shown on the 1M chart with the 1W chart, I believe that more accurate support and resistance points and sections can be selected.
Therefore, numbers 1 and 2 shown on the chart correspond to important support and resistance areas, and the trend is expected to be determined by whether these areas can be broken upward.
Because of this, an important issue is whether the price can be maintained by rising above 38531.90.
Otherwise, if it falls and maintains the price above the 29241.72-30767.38 range, it is expected to create a pull back pattern.
If it falls below the 29241.72-30767.38 range, there is a high possibility of a downward trend, so caution is required.
What you need to pay attention to is the altcoins you own, and you will have the opportunity to buy more BTC or ETH.
It is the rising trend line that has the potential to play a role in creating a pull back pattern.
If it touches this rising trend line and stops, there is a high possibility that it will sideways and create a pull back pattern near that point or section.
(1D chart)
Based on what you learn from the 1M chart and 1W chart, you can create a more detailed trading strategy on the 1D chart.
It is possible to create a trading strategy using only 1D charts, but then small fluctuations may prevent you from properly reading the direction of the big picture.
So, if possible, it's a good idea to create big-picture trends and trading strategies on the 1M chart and 1W chart.
The first resistance section, 37779.56-38745.63, includes both support and resistance points on the 1M chart and 1W chart.
Accordingly, the reliability of the role that follows can be considered high.
After November 8, prices moved sideways and the trend line moved.
Accordingly, the possibility of volatility occurring around November 16th has increased.
During this period of volatility, it is expected that there will be an attempt to break above the first resistance area, and if an attempt is made to break upward, the key will be whether the price can be maintained after the breakout attempt.
If not, and it falls below 36701.09 and shows resistance, there is a possibility that it will fall around 32917.17-34110.32, that is, near the important trend line.
Well, if you see volatility within the rising channel, there is a possibility of creating a pull back pattern, so you need to watch the subsequent flow closely.
Since the trend line on the 1W chart passes near an important trend line, I think there is a high possibility of support around the 32917.17-34110.32 range.
The explanation of the second resistance section will be explained when an attempt is made to break above the 38745.63 point.
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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.
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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.
-------------------------------------
(USDT.D 1D chart)
As the trend line moves, a period of volatility is expected to begin around November 13th.
Accordingly, it is necessary to check the movement up to November 12-16.
If USDT dominance falls below the 5.89-6.39 range and maintains a downward trend due to resistance, it is expected that an altcoin bull market, or bull market, will begin.
It is expected that this fire field will create a small garden.
A major bull market is expected to begin when BTC shows a full-fledged uptrend, so if a bull market starts this time, I think the work to create a full-fledged uptrend has begun.
(BTC.D chart)
However, in bullish conditions, BTC dominance must fall below at least 50 and maintain a downward trend.
If not, there is a possibility that a strange bull market will continue in which only BTC will rise.
Accordingly, the current coin market can be seen as waiting at the starting point of a bull market.
It can be said that it is unknown whether all coins (tokens) will start together, whether BTC will start alone, or whether it will temporarily take over from the starting point and gather strength again.
-------------------------------------------------- ---
(USDT chart)
Someone is continuously injecting funds into the coin market.
USDT is active on exchanges around the world, so it can be said to be a channel for everyone who wants to trade in the coin market to move funds.
Accordingly, the rise in USDT's gap can be seen as meaning that new funds are continuously flowing into the coin market.
-------------------------------------------------- ---------
(BTCUSDT chart)
The reason why I explained the coin market cap chart (USDT.D, BTC.D USDT) before this explanation is to let you know that the current position is that important.
(1M charts)
It is close to the 0.5 point (38745.63), which is the Fibonacci ratio shown on the 1M chart.
Accordingly, if the price is maintained above 37253.81, it is expected to rise above 38745.63.
However, when it passes the 38745.63 point, it seems that the future trend can be predicted depending on whether it passes with a sharp rise or a slow rise.
I think there is a high possibility that this bull market or bull market will end around 43K.
Accordingly, if BTC rises too quickly, there is a possibility that only BTC may rise, preventing the altcoin bull market from starting.
Also, I think there is a possibility that the bull market or bull market will end very briefly.
Therefore, I think it is necessary to pay attention to the movement of BTC dominance.
(1W chart)
What I explained in the 1M chart is about movement in a very big picture.
Accordingly, it is recommended to use it to understand the general concept of movement in the big picture.
In the coin market, I think the trend of the 1W chart is the best.
Therefore, I believe that a more accurate trading strategy can be created by combining and interpreting the trend on the 1W chart with the approximate big picture on the 1M chart.
By combining the support and resistance points shown on the 1M chart with the 1W chart, I believe that more accurate support and resistance points and sections can be selected.
Therefore, numbers 1 and 2 shown on the chart correspond to important support and resistance areas, and the trend is expected to be determined by whether these areas can be broken upward.
Because of this, an important issue is whether the price can be maintained by rising above 38531.90.
Otherwise, if it falls and maintains the price above the 29241.72-30767.38 range, it is expected to create a pull back pattern.
If it falls below the 29241.72-30767.38 range, there is a high possibility of a downward trend, so caution is required.
What you need to pay attention to is the altcoins you own, and you will have the opportunity to buy more BTC or ETH.
It is the rising trend line that has the potential to play a role in creating a pull back pattern.
If it touches this rising trend line and stops, there is a high possibility that it will sideways and create a pull back pattern near that point or section.
(1D chart)
Based on what you learn from the 1M chart and 1W chart, you can create a more detailed trading strategy on the 1D chart.
It is possible to create a trading strategy using only 1D charts, but then small fluctuations may prevent you from properly reading the direction of the big picture.
So, if possible, it's a good idea to create big-picture trends and trading strategies on the 1M chart and 1W chart.
The first resistance section, 37779.56-38745.63, includes both support and resistance points on the 1M chart and 1W chart.
Accordingly, the reliability of the role that follows can be considered high.
After November 8, prices moved sideways and the trend line moved.
Accordingly, the possibility of volatility occurring around November 16th has increased.
During this period of volatility, it is expected that there will be an attempt to break above the first resistance area, and if an attempt is made to break upward, the key will be whether the price can be maintained after the breakout attempt.
If not, and it falls below 36701.09 and shows resistance, there is a possibility that it will fall around 32917.17-34110.32, that is, near the important trend line.
Well, if you see volatility within the rising channel, there is a possibility of creating a pull back pattern, so you need to watch the subsequent flow closely.
Since the trend line on the 1W chart passes near an important trend line, I think there is a high possibility of support around the 32917.17-34110.32 range.
The explanation of the second resistance section will be explained when an attempt is made to break above the 38745.63 point.
--------------------------------------------------
- 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.
-------------------------------------------------- -------------------------------------------
** 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
I don't really like comparing the current flow with the past flow.
The reason is that even if a similar movement or pattern is shown depending on each situation, there is a high possibility that it will eventually change into a different movement or pattern.
If you compare the volatility of indicators and prices, I think you can compare the above periods.
However, the StochRSI indicator in the TS secondary indicator shows a different picture.
Accordingly, the current appearance may be different from the past appearance.
In this way, the StochRSI indicator can reveal subtle waves that cannot be seen through the RSI indicator alone, so the StochRSI indicator is used as the main auxiliary indicator.
It is a lagging analysis technique that allows you to tell all waves, trends, patterns, etc. when they are complete.
Therefore, there is a possibility that what I have said is ultimately wrong.
We need to pay attention to this and check the current flow and wave.
In this chart, you can see that a trend is forming depending on whether the price remains above or below the MS-Signal indicator.
The MS-Signal indicator is an indicator created using the formula of the MACD indicator, so it plays the same role as a moving average line.
In conclusion, we can see what was mentioned in the text, that the period of volatility is approaching again.
Note
(BTCUSDT 1D chart)The HA-High indicator appears to be forming at 36426.87.
Accordingly, it is necessary to check whether there is support or resistance around 36426.87.
Checking for support and resistance takes at least 1 to 3 days.
If no direction appears after that, sideways are likely to continue for about 10 to 14 days.
Therefore, the movements around November 16 (November 15-17), the next period of volatility, become important.
Note
(BTCUSDT 1D chart)The key is whether it can receive support around 36426.87 and rise to the first resistance zone.
This period of volatility will be around November 16 (November 15-17).
If it fails to rise above 36426.87, it is important to see whether support can be found around 32917.17-34110.32.
In order for this upward trend to be maintained, the price must be maintained above 29850.45.
Note
(BTCUSDT 1W chart)For the HA-High indicator to fall and be created, it must fall some more.
Therefore, we need to check whether the RSI indicator can fall in the overbought zone.
Currently, it is unknown how far the RSI indicator will have to fall to get out of the overbought zone, but it is expected to fall out of the overbought zone when it falls roughly around 32917.17-34110.32.
If a new HA-High indicator is created, an important issue is whether support can be obtained in the vicinity.
Note
What you need to think about when a correction begins is whether you will buy more when it falls.If you do not intend to buy more, it is better to sell in installments before the decline begins.
Then, when the price falls and shows sideways movements, you will have the opportunity to think again about whether to buy more.
(BTC.D chart)
Although there is a price adjustment of BTC, BTC dominance is actually decreasing.
Accordingly, if BTC is supported and rises around 32917.17-34110.32, it is thought that altcoins are likely to see a rapid rise.
(USDT.D chart)
However, in order for an altcoin bull market to begin, USDT dominance must fall and remain below the 5.89-6.39 range, so I think it is best to avoid buying when the price rises.
Therefore, it is better to start split buying when the price is rising, that is, when the support and resistance points or sections of the altcoin you want to buy are confirmed, rather than purchasing through a breakout trade.
Then, when the stock rises rapidly and breaks through an important breakout point, I think it is a good idea to increase the proportion by purchasing additional shares through breakout trading.
The volatility period for USDT dominance runs until November 16th, so it is necessary to check whether it can continue to fall below 6.39 at this time.
(BTCUSDT chart)
Even if BTC falls further, it is likely to continue its upward trend as long as it does not fall below 29850.45.
Therefore, I believe that BTC has risen above 29K and is entering the first buying period.
Therefore, I think it is time to proceed with aggressive buying even if the price falls more than expected.
Note
(BTCUSDT 1D chart)The key is whether the price can be maintained by rising above the first resistance range of 37779.56-38745.63.
If not, you need to check if you can receive support around 36426.87.
If it falls below 36426.87 after this volatility period (until November 17th), it is likely to fall to around 32917.17-34110.32, so you should think about a response plan.
If the price rises above 38745.63 and maintains, I think it is highly likely that it will surge to around 43160.0.
Therefore, we must also think about ways to respond to this.
(BTC.D chart)
The reason is that BTC dominance is still above 50.
I think that in order for an altcoin bull market to begin, it must show a continuous decline below 50.
Therefore, it is believed that the rapid movement of BTC can cause a rise in BTC dominance, which may slow down the movement of altcoins.
Although some altcoins will follow the BTC price movement, most are expected to see a slowdown.
(USDT.D chart)
The altcoin bull market will begin only when USDT dominance falls along with BTC dominance.
Otherwise, if BTC dominance rises and only USDT dominance appears to fall, there is a possibility that a strange market may be formed in which only BTC rises.
Therefore, caution is required when trading altcoins.
However, if you react too conservatively, you may miss out on good opportunities, so it is necessary to seize good buying opportunities through somewhat aggressive buying.
The key is to control the proportion.
Aggressive purchases should be made within a range that does not cause significant psychological damage even if prices rise or fall sharply.
However, since most altcoins have currently risen significantly, there may be difficulties in purchasing them.
At these times, that is, when we are at the borderline to enter the altcoin bull market, the overbought and oversold sections of indicators are often not correct.
Therefore, rather than referring to indicators indicating overheating, I think it is better to respond by identifying support and resistance points.
In a rising market, it is best to buy when the candle on the 1D chart is a falling candle.
You must be careful about breakout trading in a rising market because the risk is quite high.
Therefore, it is recommended to proceed with breakout trading when the market is falling or sideways.
It would be good to create a pull back pattern before the price rises beyond the first resistance area.
If not, it is highly likely that a pull back pattern will occur after rising to around 43K.
However, at this point, everyone is likely to say that this is the beginning of a bear market.
Therefore, there is a possibility of missing a good buying time.
Even if a pull back pattern is created, it may be considered meaningless because it is likely to be created while falling near the current price.
Note
I have an external schedule tomorrow morning, so I can't write an analysis.When I return home, if I see the price movement and decide that I need to leave an analysis, I will do so at that time.
(BTCUSDT 1D chart)
(BTC.D chart)
(USDT.D chart)
Although BTC is falling,
- BTC dominance decline
- USDT dominance rises
It is showing the same movement as above.
There is still a lot of time left before today's candle closes, so we expect the tide to change depending on how quickly BTC's volatility comes out before the candle closes.
The fact that BTC dominance is falling and USDT dominance is rising shows that the coin market as a whole is in a downward trend, but the decline of altcoins is slower than that of BTC.
This means that altcoins are continuing to defend their prices.
Therefore, if the BTC price does not lead to a sharp decline, it is expected that the trend can be predicted by checking whether there is support at any point or section.
What I'm currently looking at is whether the HA-High indicator on the 1W chart can be generated by falling.
If the HA-High indicator is created by falling and support is confirmed near the point where it was created, it is expected to lead to an increase to renew the previous high.
If you create a pull back pattern before rising above 38531.90, you are expected to have a good opportunity.
However, there is a possibility that the joy or sorrow will depend on how much the price of the altcoin you own will revert.
Therefore, it is time to think about whether you can reduce the investment proportion of altcoins you own.
I think it is also useful to sell coins that are currently profitable and coins that are losing money to reduce the actual loss to 0 or more.
This response will need to be decided when BTC dominance begins to rise sharply.
Note
(BTCUSDT 1D chart)As new trend lines are created, it becomes important to be able to maintain the price within the upward channel created.
Therefore, it appears that around November 27th is likely to be an important turning point in the volatility period.
Therefore, the key is which direction the price can deviate from the box range of 34786.17-37779.56 based on the HA-High indicator and maintain the price.
If it moves within the box section, it is judged to be moving sideways.
Note
(4h chart)There is a relatively large gap between the M-Signal indicator on the 1D chart and the M-Signal indicator on the 1W chart.
Accordingly, it is judged that there is a high possibility that an adjustment will eventually occur.
It remains to be seen whether this adjustment will result in large volatility or sideways movements.
If it fails to rise above the 5EMA on the 1D chart, there is a possibility that the gap will eventually be closed with a downward correction.
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