Bitcoin (BTC) - January 14
Updated
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(XBTUSD 1W Chart) - Mid-Long-Term Perspective
Above the 27650.0-29350.0 section: An uptrend expected to continue.
(27650.0-33101.0 section: strong support section)
The 42084.0-47010.0 section is a support section for creating a new wave.
(XBTUSD 1D Chart)
Resistance section: 46695.0-49518.0
Support section: around 38225.0
We need to see if we can break out of the downtrend line (3) and move along the uptrend line (2).
It must rise above the 45211.0 point to turn into an uptrend.
However, since the 46695.0-49518.0 section is a section that determines the trend, it is necessary to trade carefully because the upward trend can be continued only when the section is upwardly broken.
It is necessary to check whether there is any movement outside the section 40163.5-45211.0 by January 26th.
Attempts to break above the MS-Signal indicator came out twice (a, b) from a big perspective.
We need to see if our next upward breakout attempt (c) occurs around Jan 17-26 (maximum Jan 16-27).
If you are moving down from the downtrend line (3), you should check to see if you find support within the uptrend channel formed by the uptrend line (2).
A decline from the 40163.5 point could lead below the 38225.0 point, so trade cautiously.
The period of great volatility is around March 9th.
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(ETHUSDT 1W Chart)
Above 1728.74 point: Expected to create a new wave.
(1D chart)
Resistance section: 4191.93-4464.22
Support section: 2285.94-2558.23
It is necessary to check if there is movement outside the 3151.97-3375.08 section due to the volatility around January 14 (January 13-15).
If the decline is from the 3151.97 point, you should check for support at the uptrend line (2) or the 2910.0 point.
If it falls from the 2910.0 point, it may move down to the support zone, so you need to think about countermeasures.
It must rise above the 3582.10 point to turn into an uptrend.
Since it is the high-end section from the 3582.10-3885.52 section, there is a possibility of resistance, so careful trading is required.
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(XBTUSD 1M Chart) - Big Trend
All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction.
Looking at the big picture, I think 4-5 waves are going on.
Depending on how you interpret section A, the wave may be different.
Likewise, you need to be more careful in your trading, because the parts that have not yet been created may have the same flow as section A.
The expected ascent section is near the 80574.0-83397.0 section.
This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section.
There are two large resistance intervals to move up to the expected level.
The two large resistance sections are sections a and b.
If it fails to break through section a upward, I think it can represent the same flow as section A.
If it rises above the 72104.0 point with this rise, it is expected that it will not fall below the 26K-29K section (up to 21K section) even if a bear market continues.
If the 38K section is touched, it is expected to lead to a sharp rise.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(XBTUSD 1W Chart) - Mid-Long-Term Perspective
Above the 27650.0-29350.0 section: An uptrend expected to continue.
(27650.0-33101.0 section: strong support section)
The 42084.0-47010.0 section is a support section for creating a new wave.
(XBTUSD 1D Chart)
Resistance section: 46695.0-49518.0
Support section: around 38225.0
We need to see if we can break out of the downtrend line (3) and move along the uptrend line (2).
It must rise above the 45211.0 point to turn into an uptrend.
However, since the 46695.0-49518.0 section is a section that determines the trend, it is necessary to trade carefully because the upward trend can be continued only when the section is upwardly broken.
It is necessary to check whether there is any movement outside the section 40163.5-45211.0 by January 26th.
Attempts to break above the MS-Signal indicator came out twice (a, b) from a big perspective.
We need to see if our next upward breakout attempt (c) occurs around Jan 17-26 (maximum Jan 16-27).
If you are moving down from the downtrend line (3), you should check to see if you find support within the uptrend channel formed by the uptrend line (2).
A decline from the 40163.5 point could lead below the 38225.0 point, so trade cautiously.
The period of great volatility is around March 9th.
-------------------------------------------
(ETHUSDT 1W Chart)
Above 1728.74 point: Expected to create a new wave.
(1D chart)
Resistance section: 4191.93-4464.22
Support section: 2285.94-2558.23
It is necessary to check if there is movement outside the 3151.97-3375.08 section due to the volatility around January 14 (January 13-15).
If the decline is from the 3151.97 point, you should check for support at the uptrend line (2) or the 2910.0 point.
If it falls from the 2910.0 point, it may move down to the support zone, so you need to think about countermeasures.
It must rise above the 3582.10 point to turn into an uptrend.
Since it is the high-end section from the 3582.10-3885.52 section, there is a possibility of resistance, so careful trading is required.
------------------------------------------
(XBTUSD 1M Chart) - Big Trend
All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction.
Looking at the big picture, I think 4-5 waves are going on.
Depending on how you interpret section A, the wave may be different.
Likewise, you need to be more careful in your trading, because the parts that have not yet been created may have the same flow as section A.
The expected ascent section is near the 80574.0-83397.0 section.
This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section.
There are two large resistance intervals to move up to the expected level.
The two large resistance sections are sections a and b.
If it fails to break through section a upward, I think it can represent the same flow as section A.
If it rises above the 72104.0 point with this rise, it is expected that it will not fall below the 26K-29K section (up to 21K section) even if a bear market continues.
If the 38K section is touched, it is expected to lead to a sharp rise.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
Note
(Note) Nothing can be obtained by comparing past data with current data.However, it can be seen to the extent that changes in the market are occurring.
(XBTUSD 1D Chart)
(BTC.D + USDT.D 1D chart)
Compare the movement from around July 20 to September 20 with the movement from around November 9 to the present.
-------------------------------------------
(XBTUSD 1D Chart)
(BTC.D + USDT.D 1D chart)
Check out the movement from around November 9 to the present and movement from September 25, 2020 to around January 7, 2021.
-------------------------------------------
As the amount of money entering the coin market grows, it becomes meaningless to follow the trend with the movement of the BTC price and the dominance chart.
However, in the short term, it is possible to predict the movement of the BTC price by the movement of the dominance chart.
(USDT + USDC 1D Chart)
If the stablecoin maintains its upward trend, the coin market is expected to maintain its upward trend.
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