Btcdominance
Bitcoin dominance % increase predictionBitcoin Dominance % market analysis March 18
Hey guys! As Bitcoin is soaring in price and investors are switching their holdings from altcoins to Bitcoins , bitcoin dominance starts to increase.
**What is Bitcoin Dominance % ?**
-Bitcoin dominance % represents the percentage of the total market capitalization of the cryptocurrency market that is attributed to Bitcoin. For example, If the total market capitalization of all cryptocurrencies is $1 trillion, and Bitcoin's market capitalization is $600 billion, then Bitcoin's dominance % would be 60% ($600 billion / $1 trillion x 100%).
**What does an increase of Bitcoin Dominance % represent and mean for altcoins? **
An increase in Bitcoin dominance % typically means that the market capitalization of Bitcoin is growing faster than the market capitalization of altcoins. This can happen for several reasons, including increased investor confidence in Bitcoin, greater adoption of Bitcoin as a store of value or means of payment, or a decrease in interest or investment in altcoins.
For altcoins, an increase in Bitcoin dominance % can indicate a tougher market environment, as investors may be shifting their focus and resources away from altcoins towards Bitcoin. As a result, altcoins may see a decline in value and trading volume, as well as decreased attention from investors and traders.
In conclusion, whenever BTC dominance % starts to soar in %, altcoins bleed.
The final stage of a long-term bullish turn is...Hello?
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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)
(USDC chart)
(BTC.D chart)
(USDT.D chart)
If the USDT chart continues to rise while creating gaps, the coin market is expected to show an upward trend.
However, if the downtrend line is maintained on the USDC chart, the rise may be limited.
Also, at some point, there is a possibility that it will lead to a sharp decline, so it is necessary to check whether USDC turns into an upward trend.
After the volatility period on the BTC.D chart, it rose to around 46.76.
Therefore, if the upward trend is maintained, there is a possibility that altcoins may gradually move sideways or show a downward trend, so we need to think about countermeasures.
We believe this move is likely to continue until BTC reaches around 45K.
We need to see if it can fall to around 6.21 on the USDT.D chart.
This is because the decline in USDT dominance is likely to lead to an uptrend in the coin market.
Taking the charts of USDT, USDC, BTC.D, USDT.D, BTCUSDT, BTCUSDTPERP, and BTCKRW together, the next volatility period is expected to be around March 16, around March 20-24, and around March 29-30 It's possible.
The first period of volatility, March 15-17, has passed.
We need to see how movements in the first volatility period will affect the second volatility period, March 19-25.
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If the current uptrend is maintained, most indicators on the 1M chart are expected to move out of the overbought or oversold zone.
This trend may lead to a move to realize profits, so you need to think about how to respond to it.
The key question is whether such a move can cause the HA-High indicator on the 1M chart to decline.
This is because if the price is maintained above the HA-High indicator, it is highly likely to continue the upward trend from a trading perspective.
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(BTCUSDTPERP 1D Chart)
As it rose above 27102.7, there was a rise that completely covered section B.
Correspondingly, if the price stays around or above 25882.9-27102.7, I would expect it to rise above 28951.7.
The 28951.7-32275.6 zone was a support and resistance zone before the big pullback.
Therefore, if the price rises to this range and maintains it, it can be interpreted that there is a high possibility of a full-fledged uptrend.
Therefore, the section 28951.7-32275.6 corresponds to the volume profile section.
In order to maintain a full-fledged uptrend, there is one thing left to do to show an uptrend in the long-term trend of the coin market.
That is what causes the HA-High indicator on the 1M chart to fall.
Currently, the HA-High indicator point on the 1M chart is located at 43993.4.
Therefore, there is a possibility that it will continue to rise to this point and reach it, but it is judged to be unlikely because it has to pass through many volume profile sections as the price rises.
When the HA-High indicator on the 1M chart falls to a certain point, if the price is maintained above that point, I think it means that the coin market will rise in earnest.
The HA-High indicator is formed from a combination of Heikin Ashi and RSI indicators (using Heikin Ashi's close value).
Therefore, when the RSI indicator on the 1M chart rises to the overbought section and then falls, the HA-High indicator is more likely to move.
Currently, the RSI indicator on the 1M chart is located around 45, but it is likely to show a big change depending on where this month's candle closes.
Giving reasons for your analysis gives you confidence in your analysis.
Sometimes, it seems that there are people who are reluctant to share their know-how with others by telling them the basis for this analysis.
It takes a lot of trial and error to know someone else's know-how and make it your own.
Therefore, you don't have to be afraid that the person will never see your writing again just because you share your know-how.
The formula of the indicator used as the basis for analysis may not be disclosed, but I think it is very important to say what basis the analysis was made when analyzing the chart.
(1h chart)
The description of the 1h chart refers to trading in a short period of time that corresponds to scalping and same-day trading among the above.
In this story, whether BTC goes up or down is not the focus.
Therefore, you should not view and interpret this content with a mid- to long-term perspective.
- Full-fledged 'LONG' position entered near 'L1'
Entry point: When support is confirmed near 'L1', 25882.9
1st: Around 27102.7
2nd : 28951.7-30000.5
Trade close: around 32275.6
However, if it falls below the 1st point and touches the HA-High indicator or touches the 5EMA on the 1D chart, it is recommended to sell some or close the trade to preserve profits.
If you touch the 2nd point, you can end the transaction when you want.
The 'S1', 'L1', and 24294.1-25882.9 intervals are high-magnification box intervals.
However, if the price is maintained in the 'SR' box section 24119.5-24517.2 or higher, it is highly likely to rise, so you should think about countermeasures.
- A full-fledged 'SHORT' position entered near 'S1'
Entry point: When resistance is confirmed in 'S1', 24119.5-24294.1
1st: 22421.2-23129.6
2nd: 20984.7-21826.1
3rd : 19411.7-20122.5
End of transaction: around 17864.7
However, if it does not fall below the M-Signal of the 1D and 1W charts, it is recommended to sell some or close the transaction to confirm profits.
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(BTCKRW chart)
You need to climb to the 37585000-40674000 section and see if you can get support.
If not,
1st: around 35539000
2nd: Around 32042000
You need to make sure that it is supported in the vicinity of the 1st and 2nd order.
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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.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
BTC.D is putting in a major bottomAnything that follows is not to be taken as financial advice.
As you can see from this weekly chart, Bitcoin dominance has been trying to paint a low since may 2021.
I've had that 48.20% horizontal ray placed for almost two years, and we can observe how it's been already tested four times so far in the course of said time.
While that level has been working as a resistance so far, price action doesn't look very intimidated by it.
The way I look at it, a range break to the upside would be the most plausible scenario.
Considering for how long this chart has been consolidating, looking for a move up to about 53% is highly probable, and one to about 58% is still very realistic.
Furthermore, by drawing a measured move from resistance to bottom, and then applying it over the resistance, it becomes more obvious that anywhere around the 58% level would be an important area to consider this idea as played out.
In order to confirm this as a major bottom, I'd need to see a convincing weekly close above the 48.20% level, until that happens, all that's been said remains in the realm of potentiality.
Were there to be such a close, the entirety of the following upside move would very likely take various months.
BTC dominance #BTC DOMINANCE UPDATE
Bitcoin Dominance has reached the 46% resistance which correlated with the level 1 by Fibo. Strong resistance from where we can expect a rejection
However, if Bitcoin returns to $25,000+ zone and continues pumping, then this level will be broken and lead Dominance to ultimate resistance of 48% - 48.5%
This is the zone when you can enter any altcoin and with 95%+ probability it will be sold in great profit. Let's pray this zone will be reached
The next period of volatility is around March 20Hello?
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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)
(USDC chart)
(BTC.D 1W chart)
(USDT.D 1D chart)
While USDT is gapping and maintaining an uptrend, USDC is gapping and trending down.
It is unknown if funds are moving from USDC to USDT due to the issue with USDC, but the rising trend of USDT is expected to drive the coin market upwards.
However, the continued decline of USDC may limit the rise of the coin market.
We are passing through a period of volatility on the BTC.D chart.
This period of volatility runs through March 17th.
We need to see if it stays above 45.68 during the volatility period.
If BTC dominance rises above 45.68 and stays on the uptrend, the coin market is expected to move towards a bull run next year.
If BTC dominance stays above 45.68, most altcoins are likely to move sideways or show a bearish trend, so we need to think about countermeasures.
We believe this move is likely to continue until BTC reaches around 45K.
It fell back to the 6.85-7.27 range on the USDT.D chart.
So, the question is whether we can start a decline below 6.21.
Otherwise, if it rises above 7.27, the coin market is expected to decline again.
Taking the charts of USDT, USDC, BTC.D, USDT.D, BTCUSDT, BTCUSDTPERP, and BTCKRW together, the next volatility period is expected to be around March 16, around March 20-24, and around March 29-30 It's possible.
Therefore, we expect the move around March 16th to be a prelude to volatility.
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The amount shown on the 1D chart is written as an example of one of the split trading methods.
I think BTC below 29K is a buying zone for next year's bull market.
Therefore, if you do not know how to proceed with the split purchase, it can be interpreted as meaning that you can proceed with the split purchase while increasing the proportion of your investment whenever the price decreases.
Therefore, you can determine the proportion of the split amount according to the size of your investment.
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(BTCUSDT 1W chart)
The key is whether it can rise above the M-Signal on the 1M chart.
If not, you should check if it is supported near the HA-High indicator.
This is because if the price is maintained above the HA-High indicator, it is highly likely to continue the mid- to long-term upward trend.
If it declines, it is likely to fall to the vicinity of the HA-Low indicator paired with the HA-High indicator.
However, you need to make sure it is supported around 20862.47 which is the support and resistance point.
(1D chart)
Supported around 24376.02,
1st : More than M-Signal of 1M chart
2nd: 28923.63 or higher
You need to make sure that the price can be maintained by rising 1st, 2nd or more times.
If it falls below 22487.41,
1st: 21023.14-21853.06
2nd : 19176.93-20050.02
3rd: 17880.71 (up to 16.7K)
It is necessary to check whether it is supported in the 1st to 3rd sections.
As I said yesterday, we are currently checking the volume profile after the price surge.
This confirmation is expected to hold unless there is a drop below 24113.88.
The HA-High indicator is passing near the 24113.88 (close of the 13th of March candle).
Therefore, if the price holds above the HA-High indicator, it is likely to break the recent highs.
If it falls from the 24113.88 point (HA-High indicator), it is highly likely to fall to the vicinity of the HA-Low indicator paired with the HA-High indicator, so you need to think about countermeasures.
From the short-term (1D) and mid- to long-term (1W) perspectives, it seems that we are ready to continue the uptrend.
However, I don't think it is ready to continue the uptrend from a long-term (1M) perspective.
Therefore, the wiggle for this is expected to continue.
From a trending point of view, in order to continue the long-term uptrend, the price must maintain the price by moving above the M-Signal on the 1M chart.
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(BTCKRW chart)
The key is whether the price can sustain the price by rising above the M-Signal on the 1M chart.
If not,
1st: around 31468000
2nd: around 29218000
You need to make sure that it is supported in the vicinity of the 1st and 2nd above.
The next period of volatility is around March 29th.
------------------------------
- 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.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
BTC.DAs mentioned in the previous analysis, after resting and breaking the weekly and daily resistance, Bitcoin Dominance is moving towards its main resistance in the range of 48%, which can have an upward movement as much as the previous log, and this shows that the flow is getting stronger. The money in Bitcoin is compared to altcoins, so that in the upward trend of Bitcoin growth, it is stronger than altcoins, and in price corrections, altcoins will provide a better position for short positions.
BTC.Dominance Elliott Waves Analysis (LONGTERM)Hello friends.
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Everything on the chart.
Like for me, we are finishing the correction in wave (ii), after which I expect a global decrease in dominance.
Target zone: 33-30%
cancellation of scenario - consolidation above 48.5%
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
Volume profile check patternHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good 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)
(USDC chart)
(BTC.D chart)
(USDT.D chart)
If the USDT chart continues to rise while creating gaps, the coin market is expected to show an upward trend.
The question is whether it can rise above the downtrend line on the USDC chart and create a gap.
The key is whether it can rise above 45.68 on the BTC.D chart and stay there.
If BTC dominance rises above 45.68 and stays on the uptrend, the coin market is expected to move towards a bull run next year.
Accordingly, most altcoins are likely to go sideways or show a downward trend, so you need to think about countermeasures.
We believe this move is likely to continue until BTC reaches around 45K.
It fell back to the 6.85-7.27 range on the USDT.D chart.
So, the question is whether we can start a decline below 6.21.
Otherwise, if it rises above 7.27, the coin market is expected to decline again.
Taking the charts of USDT, USDC, BTC.D, USDT.D, BTCUSDT, BTCUSDTPERP, and BTCKRW together, the next volatility period is expected to be around March 16, around March 20-24, and around March 29-30 It's possible.
Therefore, we expect the move around March 16th to be a prelude to volatility.
---------------------------------------
----------------------------
(BTCUSDTPERP 1D Chart)
Based on the point 22471.5,
1. As you ascend,
1st: 23937.1-24294.1
2nd : M-Signal of 1M Chart
You need to check if resistance is received near the 1st and 2nd order above.
2. When it goes down,
1st: 20984.7-21826.1
2nd : 19411.7-20122.5
3rd: around 17864.7 (up to 16.4K)
You need to make sure it is supported in the vicinity of the 1st-3rd order above.
The 'SR', 24119.5-24517.2 section is the close-high section of the March 13 candle.
If it shows support in this section, it is likely to rise.
This is because these moves are likely to check how many people are willing to sell.
In addition, since it spans around 24294.1, which is the volume profile section formed from section B, I think it enhances its meaning.
These movements correspond to a pattern.
If resistance is seen on the decline from 24119.5-24517.2, the pattern is broken and a sharp decline is likely.
If so, a decline is likely around 21558.1, the point of the HA-Low indicator on the 1D chart.
However, since the 22421.2 point is the HA-High indicator of the 1W chart, the role of support and resistance becomes stronger over time, so you should be careful as there is a possibility of receiving support around this point.
By rising above the B section and above 24294.1, it shows a recovery of more than half of the decline from around 32K to around 15K.
Therefore, if it starts to rise above the M-Signal indicator on the 1M chart, it is expected to rise around 28951.7-32275.6.
(1h chart)
The explanation of the 1h chart is about trading in a short period of time that corresponds to scalping and same-day trading among the above.
In this story, whether BTC goes up or down is not the focus.
Therefore, you should not view and interpret this content with a mid- to long-term perspective.
The 'S1', 'L1', and 24294.1-25882.9 intervals are high-magnification box intervals.
However, if the price is maintained in the 'SR' box section 24119.5-24517.2 or higher, it is highly likely to rise, so you need to think about countermeasures.
- A full-fledged 'SHORT' position entered near 'S1'
Entry point: When resistance is confirmed in 'S1', 24119.5-24294.1
1st: 22421.2-23129.6
2nd: 20984.7-21826.1
3rd : 19411.7-20122.5
End of transaction: Around 17864.7
However, if you fail to do so below 5EMA on the 1D chart or M-Signal on the 1D and 1W charts, it is recommended to sell some or close the transaction to confirm profits.
- Full-fledged 'LONG' position entered near 'L1'
Entry point: When support is confirmed near 'L1', 25882.9
1st: Around 27102.7
2nd : 28951.7-30000.5
Trade close: around 32275.6
-------------------------------------------
(BTCKRW chart)
We need to see if we can sustain the price by moving above 32042000.
In particular, the key is whether it can rise above the M-Signal of the 1M chart.
If not, you should check for support near the HA-High indicator (31468000) on the 1W chart or around 29639000.
------------------------------
- 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.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
BTC Dominance - See you at 200 Week MAWith regulation incoming and Bitcoin dominance continuing to show relative strength, we should expect a progressive rally to the 200-week MA (with many up and down moves in between). I've had this trade going since early January but am only posting it now that I'm feeling particularly confident.
Thanks!
(Trend point of view) In order to continue the long-term uptrendHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good 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)
(USDC chart)
(BTC.D 1W chart)
(USDT.D 1D chart)
If the USDT chart continues to rise while creating gaps, the coin market is expected to show an upward trend.
It is showing a decline on the USDC chart, creating a -3.75% gap.
Therefore, I think it is showing a limit to the rise of the coin market.
The question is whether it can rise above 45.68 on the BTC.D chart.
If BTC dominance rises above 45.68 and maintains its bullish trend, the coin market is expected to move towards a bull run next year.
If BTC dominance stays above 45.68, most altcoins are likely to move sideways or show a bearish trend, so we need to think about countermeasures.
We believe this move is likely to continue until BTC reaches around 45K.
It fell back to the 6.85-7.27 range on the USDT.D chart.
So, the question is whether we can start a decline below 6.21.
Otherwise, if it rises above 7.27, the coin market is expected to decline again.
Taking the charts of USDT, USDC, BTC.D, USDT.D, BTCUSDT, BTCUSDTPERP, and BTCKRW together, the next volatility period is expected to be around March 16, around March 20-24, and around March 29-30 It's possible.
Therefore, we expect the move around March 16th to be a prelude to volatility.
---------------------------------------
----------------------------------------
(BTCUSDT 1W chart)
As it rises above the HA-High indicator, the possibility of continuing the mid- to long-term upward trend is increasing.
If it declines, you should check for support near the HA-High indicator.
(1D chart)
Supported around 24376.02,
1st : More than M-Signal of 1M chart
2nd: 28923.63 or higher
You need to make sure that the price can be maintained by rising 1st, 2nd or more times.
If it falls below 22487.41,
1st: 21023.14-21853.06
2nd : 19176.93-20050.02
3rd: 17880.71 (up to 16.7K)
It is necessary to check whether it is supported in the 1st to 3rd sections.
If the 24376.02 point is the HA-High indicator point and it is supported at this point, it is likely to break the recent high.
Therefore, it can be interpreted that the short-term uptrend is likely to continue.
If it falls from the HA-High indicator, it is highly likely to fall to the vicinity of the HA-Low indicator paired with the HA-High indicator, so you need to think about countermeasures against this.
Since it is around March 16 (March 15-17), which is the prelude to the volatility period mentioned above, it is better to check the supplements in the existing trading strategy rather than recreating the trading strategy in volatility.
This is because creating or modifying your trading strategy when volatility is in the works can have a significant subjective and psychological impact on yourself.
The volatility period on this chart, the BTCUSDT chart, is around March 20th.
Therefore, it is necessary to see how movements after the volatility period around March 16th affect the volatility period around March 20th.
From the short-term (1D) and mid- to long-term (1W) perspectives, it seems that we are ready to continue the uptrend.
However, I don't think it is ready to continue the uptrend from a long-term (1M) perspective.
Therefore, the wiggle for this is expected to continue.
From a trending point of view, in order to continue the long-term uptrend, the price must maintain the price by rising above the M-Signal on the 1M chart.
Therefore, rather than being impatient with the current rise in BTC, we recommend that you slowly proceed with your purchase according to your own buying method.
This is because if you look at the current price range in the bull market next year, it is a good buy wherever you buy.
If you do not have your own way to buy,
1. If the price is above the MS-Signal indicator, buy when the candlestick on the 1D chart is about to close with a falling candlestick.
2. If the price is below the MS-Signal indicator, buy when the candlestick on the 1D chart is about to close with a rising candlestick.
We recommend that you check if you can use the method above.
However, it is important to make sure that cash is not exhausted by proceeding with split transactions.
------------------------------------------
(BTCKRW chart)
The key is whether the price can sustain the price by rising above the M-Signal on the 1M chart.
If not,
1st: around 31468000
2nd: around 29218000
You need to make sure that it is supported in the vicinity of the 1st and 2nd above.
------------------------------
- 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.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
Whether the selling trend can be reduced is the keyHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good 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)
(USDC chart)
(BTC.D chart)
(USDT.D chart)
If the USDT chart continues to rise while creating gaps, the coin market is expected to show an upward trend.
The question is whether it can rise above the downtrend line on the USDC chart and create a gap.
It rose above 44.46 on the BTC.D chart.
The key is whether it can continue its upward trend and rise above 45.68.
If BTC dominance rises above 45.68 and stays on the uptrend, the coin market is expected to move towards a bull run next year.
Accordingly, most altcoins are likely to go sideways or show a downward trend, so you need to think about countermeasures.
We believe this move is likely to continue until BTC reaches around 45K.
It fell back to the 6.85-7.27 range on the USDT.D chart.
So, the question is whether we can start a decline below 6.21.
Otherwise, if it rises above 7.27, the coin market is expected to decline again.
Taking the charts of USDT, USDC, BTC.D, USDT.D, BTCUSDT, BTCUSDTPERP, and BTCKRW together, the next volatility period is expected to be around March 16, around March 20-24, and around March 29-30 It's possible.
Therefore, we expect the move around March 16th to be a prelude to volatility.
---------------------------------------
When I refer to volatility periods, they are periods marked using StochRSI and support and resistance points.
Therefore, when the waves of StochRSI change, the volatility period may also change.
The HA-Low and HA-High indicators created for trading are paired indicators.
Therefore, when falling from the HA-High indicator, most of them touch the HA-Low indicator.
Conversely, when rising from the HA-Low indicator, most of them touch the HA-High indicator.
Therefore, if it does not rise above the HA-High indicator on the 1W chart, it can be interpreted that it is highly likely to touch the HA-Low indicator.
It is expected to touch near the point where the current HA-Low indicator is located or near the moved point when the HA-Low indicator moves.
----------------------------
(BTCUSDTPERP 1D Chart)
Based on the point 22471.5,
1. As you ascend,
1st: 23937.1-24294.1
2nd : M-Signal of 1M Chart
You need to check if resistance is received near the 1st and 2nd order above.
2. When it goes down,
1st: 20984.7-21826.1
2nd : 19411.7-20122.5
3rd: around 17864.7 (up to 16.4K)
You need to make sure it is supported in the vicinity of the 1st-3rd order above.
It is seen that the coin market (BTC) has risen as a reflection of the issue of the US bank.
We don't have to make predictions about the cause, process, or future of these phenomena.
All the media are talking about what kind of economic impact these stories will have in the future, but in fact, the stories are not helpful at all in making my trading strategy.
Rather, it is only likely that the trading strategy will be made in a strange direction by making subjective judgments.
Therefore, as I always said, it is important to first think about how to respond to the movement of the chart and see if you can revise your trading strategy, rather than looking for the causes of price rises and falls.
Then, when there is time left, then, it is better to look for circles of rise and fall or look at the articles.
This rise touched the HA-High indicator on the 1D chart, around 24294.1.
Therefore, it is necessary to check whether the price rises above this level and rises above the M-Signal of the 1M chart.
If it fails to move higher, you should check for support near the 1W chart's HA-High indicator, 22471.5.
If the price rises above the MS-Signal indicator and holds the price, the most basic way to buy is to buy when the candlestick on the 1D chart is about to close with a falling candlestick.
This is one of the most basic buying methods that does not require any plotting on the chart.
However, as a rule, split transactions must be made.
So, if you're unsure of how to buy for next year's bull market, I encourage you to see if you can use this method.
As long as the price stays below the MS-Signal indicator, you can buy when the candlestick on the 1D chart is about to close with a rising candlestick.
Buying for next year's bull market should be done in earnest when BTC is below 29K.
Therefore, even if the average purchase price increases, it is better to proceed with the purchase even at a partial amount if it suits the purchase method you have set.
Currently, a shake-up is underway for the mid- to long-term trend reversal, so how to determine the split buy amount is important.
(1h chart)
The explanation of the 1h chart is about trading in a short period of time that corresponds to scalping and same-day trading among the above.
In this story, whether BTC goes up or down is not the focus.
Therefore, you should not view and interpret this content with a mid- to long-term perspective.
The 'LONG' position, which was entered near 'L1' and 'L2', touched the second selling (trade end) point.
Therefore, you can close the transaction whenever you want.
However, if you touch the 5EMA of the 1D chart or the M-Signal of the 1D and 1W charts, it is recommended to close the transaction or sell part of it to confirm profits.
If you touch the M-Signal on the 1M chart, I will tell you the trading strategy for entering a full-fledged position.
Until then, the previous trading strategy remains in effect.
The position entry trading strategy that requires quick response has been abolished by touching the trade exit point.
So, I think it's good to rest until you touch 5EMA on the 1D chart.
-------------------------------------------
(BTCKRW chart)
We need to see if we can sustain the price by moving above 32042000.
In particular, the key is whether it can rise above the M-Signal of the 1M chart.
If not, you should check for support near the HA-High indicator (31468000) on the 1W chart or around 29639000.
------------------------------
- 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.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
Coin markets driven by ETH are likely to be short-livedHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good 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)
(USDC chart)
(BTC.D 1W chart)
(USDT.D 1D chart)
On the USDT chart, it is maintaining an uptrend, continuously creating gaps.
I think USDT is a stablecoin that has a great influence on the coin market.
Therefore, the fact that USDT continues to rise while creating a gap means that funds continue to flow into the coin market.
Therefore, even if the price goes down, it is likely to show an uptrend in the near future.
In the USDC chart, I think the chart is broken due to the USDC issue.
Therefore, it is expected that it will take some time to function properly.
I am not sure why the BTC dominance is not rising on the BTC dominance chart.
However, the decline in BTC dominance is due to the concentration of funds towards altcoins.
Therefore, it is expected that altcoins are trying to defend their price as much as possible to survive.
However, I think that when BTC starts to rise in earnest, funds will inevitably be concentrated in BTC.
Therefore, we believe that the price of altcoins is likely to move sideways or decline.
Since this phenomenon is expected to come out, I think it is time to focus on coins that currently have the lead in the coin market, such as BTC and ETH.
BTC's full-fledged upward trend is expected to start around 29K, and the price movement of the altcoin mentioned above is expected to continue to around 45K.
On the USDT dominance chart, it is showing a decline after receiving resistance in the section where it should be resisted.
The question is whether this move can bring it down below 6.85-7.27.
Taking the charts of USDT, USDC, BTC.D, USDT.D, BTCUSDT, BTCUSDTPERP, and BTCKRW together, the next volatility period is expected to be around March 16, around March 20-24, and around March 29-30 It's possible.
Therefore, we expect the move around March 16th to be a prelude to volatility.
On the ETHUSDT chart, around March 12 (March 11-13) is a volatility period, so you need to check the movement of ETH.
If ETH leads the uptrend of the coin market, it is likely to be a short-term uptrend, so be careful.
---------------------------------------
----------------------------------------
(BTCUSDT 1W chart)
The key is whether the price can rise above the HA-High indicator and sustain the price.
Because if you fail to rise, there is a good chance you will end up falling.
Still, it is showing a rise around 20862.47, which should be supported.
If resistance is found near 20862.47, a decline near the HA-Low indicator is likely.
(1D chart)
The next volatility period is around March 20th.
Accordingly,
1st: 21023.14-21853.06
2nd : 19176.93-20050.02
3rd: 17880.71 (up to 16.7K)
It is necessary to check whether it is supported in the 1st to 3rd sections.
The HA-Low indicator is rising and is about to be created.
So, the question is whether the price can sustain it by moving above 21574.97.
If it doesn't, it's likely to break the latest low.
However, it is important to be able to get support around the 1st: 21023.14-21853.06, which can be said to be the middle section of the wiggling section for mid- to long-term trend conversion.
1st: The 21023.14-21853.06 section is a section that can be purchased from a mid- to long-term perspective.
If the HA-Low indicator of the 1D chart is created in these sections, I think it is significant because it becomes a section that can be purchased throughout the entire investment period.
The investment market, that is, the coin market, can be called a probability game (?).
Therefore, there is a possibility that movement will come out in the opposite direction at any time, so it is necessary to respond to all trends, both upward and downward.
In the probability game (?), it is analysts who make conclusions in one direction, and those who directly conduct transactions and individual investors must make countermeasures for both directions and respond to the movement.
------------------------------------------
(BTCKRW chart)
It is necessary to check whether it can rise above the HA-Low indicator of the 1D chart to be newly created.
The key is whether you can climb with support in the 27317000-29639000 section.
------------------------------
- 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.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
The volatility period below mid-March is...hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good 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)
(USDC chart)
(BTC.D chart)
(USDT.D chart)
It has filled the previous big drop on the USDT chart.
It did not rise by creating a pure gap, but it showed an upward trend by creating a significant number of gaps.
It is because we think that the rise with a gap on the USDT or USDC chart is evidence that funds have flowed into the coin market.
Conversely, USDC suffered significant losses during the volatility period of March 9-11.
It showed a large drop while creating a gap, and fell again while creating a falling candlestick.
Despite the decline of BTC, BTC dominance is showing a downward trend.
It means that funds are concentrated on the altcoin side, which is interpreted as meaning that altcoins are defending the price.
This phenomenon can never be seen as a good phenomenon, but it seems that we will only know if it is a movement such as a last-ditch struggle to survive, where altcoins can no longer fall.
It is showing really complex and difficult to understand movements. (USDT, USDC, BTC.D)
I think it is the USDT dominance chart that helps us understand this complicated situation at once.
It can be seen that USDT and USDT dominance have a great influence on the coin market.
Therefore, if you understand even one of the USDT dominance charts, I think you can get more help in understanding the movements of the USDT, USDC, and BTC dominance charts.
A rise in USDT dominance means a fall in the coin market (usually BTC price movement).
Therefore, it can be seen that USDT dominance moves opposite to the movement of the coin market.
If it rises above the current section, 7.86-8.25, there is a possibility of renewing the ATH.
If that happens, the coin market is expected to show a significant decline.
Therefore, the important question is whether it can be resisted by falling in the 7.86-8.25 area.
Taking the charts of USDT, USDC, BTC.D, USDT.D, BTCUSDT, BTCUSDTPERP, and BTCKRW together, the next volatility period is expected to be around March 16, around March 20-24, and around March 29-30 It's possible.
Therefore, we expect the move around March 16th to be a prelude to volatility.
On the ETHUSDT chart, around March 12 (March 11-13) is a period of volatility, so you need to check the movement of ETH.
If ETH leads the uptrend of the coin market, it is likely to be a short-term uptrend, so be careful.
---------------------------------------
When I refer to periods of volatility, they are periods marked using StochRSI and support and resistance points.
Therefore, when the waves of StochRSI change, the volatility period may also change.
The HA-Low and HA-High indicators created for trading are paired indicators.
Therefore, when falling from the HA-High indicator, most of them touch the HA-Low indicator.
Conversely, when rising from the HA-Low indicator, most of them touch the HA-High indicator.
Therefore, if it does not rise above the HA-High indicator on the 1W chart, it can be interpreted that there is a high possibility of touching the HA-Low indicator.
It is expected to touch near the point where the current HA-Low indicator is located, or near the moved point when the HA-Low indicator moves.
----------------------------
(BTCUSDTPERP 1D Chart)
Based on the point 22471.5,
1. As you ascend,
1st: 23937.1-24294.1
2nd : M-Signal of 1M Chart
You need to check if resistance is received near the 1st and 2nd order above.
2. When it goes down,
1st: 20984.7-21826.1
2nd : 19411.7-20122.5
3rd: around 17864.7 (up to 16.4K)
You need to make sure it is supported in the vicinity of the 1st-3rd order above.
The first section is an important section from a mid- to long-term perspective.
Therefore, I think that the upward trend is highly likely to open only when it rises above the 1st interval.
The 2nd section is a meaningful support and resistance section that made it possible to create a cup pattern by rising to section A.
Therefore, it is important whether it is supported or resisted in the secondary section.
The 3rd section consists of the HA-Low indicator point (17864.7) on the 1W chart and the HA-Low indicator point (16580.6) on the 1D chart.
In this way, the 1st to 3rd sections are important sections, and I think they are sections where divisional purchases can be made.
As always, when the price goes down, the saying goes that it will go down even more.
If you believe only these words and do nothing, you are the one who loses in the end.
Therefore, if it shows support in an important section, you should prepare for a rebound or trend reversal by split buying.
These split buys should be made on the assumption that they could go further down.
If not, you will suffer from psychological anxiety and pressure after you buy.
This is because it is highly likely that this mental state will make it impossible to trade properly, resulting in a small profit or stop loss, resulting in a large period of loss.
(1h chart)
The explanation of the 1h chart is about trading in a short period of time that corresponds to scalping and same-day trading among the above.
In this story, whether BTC goes up or down is not the focus.
Therefore, you should not view and interpret this content with a mid- to long-term perspective.
The 'SHORT' position entered around 23390.5 is
1st: 20984.7-21826.1
2nd : 19411.7-20122.5
End of transaction: Around 17864.7
You can drag it for a long time in the same way as above.
You can end the transaction whenever you want.
In particular, if you touch 5EMA or M-Signal on the 1D chart, it is recommended to close the transaction and check the situation if possible.
To enter a position that requires a quick response, we will inform you after touching 5EMA on the 1D chart.
Currently, by touching the M-Signal indicator of the 1W chart, the information about entry into a full-fledged position has been drawn on the screen.
However, in order to maintain the 'LONG' position, it is expected that the M-Signal of the 1W chart and the M-Signal of the 1D chart will be crossed to continue the upward trend, so there must be a countermeasure for this.
-------------------------------------------
(BTCKRW chart)
It is necessary to check whether it is supported near 27317000 or near the point where the HA-Low indicator on the 1D chart moves.
If not, you should touch near the downtrend line (2) and see if it can go up.
------------------------------
- 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.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
Located in critical support and resistance zonesHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good 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)
(USDC chart)
(BTC.D chart)
(USDT.D chart)
You need to see if it rises or falls while creating a gap on the USDT and USDC charts.
On the USDC chart, we see a candlestick being created after a long time.
It seems that many transactions have been made in the USDC market this time.
BTC dominance continues to decline.
That means that funds are concentrated on the altcoin side.
The question is whether USDT dominance can fall in the 7.86-8.25 range.
If it rises above 8.25, a significant pullback is expected.
---------------------------------------
----------------------------
(BTCUSDT 1W chart)
The key is whether it can be supported around 20862.47 and rise above the HA-High indicator.
If not, you should check if it is supported around the HA-Low indicator.
(1D chart)
The key is whether you can rise with support near the 2nd section (19176.93-20050.02), which is an important support and resistance section.
When this is not the case and it falls, it is necessary to check whether the HA-Low indicator is rising and is about to be created.
This is because if the HA-Low indicator appears to be newly created, it is important whether it is supported near that point.
This is because the role of the HA-Low indicator is to indicate a low point.
Therefore, support near the HA-Low indicator means that it is likely to rise.
If it does not receive support and declines, it can be interpreted that it is likely to renew the recent low.
(1D chart where Source of Strength is Heikin Ashi's Close)
The RSI indicator associated with the HA-Low and HA-High indicators currently has a value of around 11.
Therefore, when the RSI rises above 30, the HA-Low indicator is likely to move.
If there is a decline in the 2nd zone, there is a possibility of a decline around the 3rd zone 17880.70 (the current maximum HA-Low indicator).
When and how to proceed with the purchase depends on each person's trading strategy and analysis, so proceed accordingly.
However, caution should be exercised as a trading strategy created after the price has declined is likely to lead the trade in the wrong direction.
In order to prevent the side effects of the trading strategy, I think it can be minimized by proceeding with split trading.
Also, if you follow the basic principles of trading, I think you can get away with some of the psychological anxiety caused by falling prices.
The basic principles of trading have been discussed previously, so we will omit them.
-------------------------------------------
(BTCKRW chart)
It should rise above 27317000 to see if it can be supported.
If not, you need to check if the price is holding around the downtrend line (2).
If the HA-Low indicator rises when the decline continues or moves sideways from the current price level, the key is whether or not there is support near that point.
------------------------------
- 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.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
Dropped below the middle of the wiggle sectionHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good 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)
(USDC chart)
(BTC.D chart)
(USDT.D chart)
The USDT and USDC charts are still in an uptrend.
Despite the decline of BTC, BTC dominance is showing a decline.
This can be interpreted as meaning that the price defense of altcoins is taking place.
This phenomenon is expected to make it difficult to predict the trend of the coin market in the future.
Therefore, there is a growing possibility that in the current price range, i.e. below BTC's 29K, you will not be a good buy for next year's bull market.
USDT dominance is showing a rise above 7.86.
We need to see if we can get resistance around 7.86 and drop.
If not, you should check if you get resistance around 8.25.
---------------------------------------
----------------------------
(BTCUSDTPERP 1D Chart)
Based on the point 22471.5,
1. As you ascend,
1st: 23937.1-24294.1
2nd : M-Signal of 1M Chart
You need to check if resistance is received near the 1st and 2nd order above.
2. When it goes down,
1st: 20984.7-21826.1
2nd : 19411.7-20122.5
3rd: Around 17864.7
You need to make sure it is supported in the vicinity of the 1st, 2nd and 3rd order above.
As it fell below the 1st section, it fell below the center section of the shaking section.
The HA-Low and HA-High indicators are correlated.
This means that if it is supported and rises from the HA-Low indicator, it is likely to rise to the vicinity of the HA-High indicator.
Conversely, if it falls from the HA-High indicator, it can be interpreted that there is a possibility of falling to the vicinity of the HA-Low indicator.
Therefore, it is expected to fall to around 16422.6, the point of the HA-Low indicator, unless there is an anomaly.
However, if USDT and USDC create a gap and maintain an upward trend, it is highly likely that it will not fall to the vicinity of the HA-Low indicator.
Therefore, there is a possibility that it will drop to around 17.8K mentioned earlier.
I think the 1st and 2nd sections are the support sections of the forces that led the rise in 15K-16K.
Therefore, it is thought that there is a high possibility of receiving support in the 1st and 2nd sections, so we need to think about countermeasures.
The price is currently down, so if you create a trading strategy now, you should be careful because that trading strategy may not work well for you.
Recognizing that a shake-up is underway to reverse the mid- to long-term trend, you should align your pre-established trading strategy with your buys for next year's bull market.
The buying method I mentioned yesterday is a buying method that does not require any plotting on the chart, and I thought it was suitable for buying for next year's bull market.
The method is based on the MS-Signal indicator. (based on 1D chart)
1. Buy when the price is above the MS-Signal indicator and is about to close on a falling candlestick.
2. Buy when the price is below the MS-Signal indicator and is about to close on a rising candlestick.
It is a method of continuously dividing and buying in the same way as 1 and 2 above.
The most important thing in this method is the purchase amount when buying splits.
If you set the purchase amount too high, there is a high possibility that your funds will be depleted quickly, and if the amount is too small, you will not be able to buy as much and it will rise.
Therefore, it is important how you control the purchase amount.
Therefore, when the price rises, you must recover the principal amount of the purchase by selling at each purchase unit price.
(1h chart)
The description of the 1h chart refers to trading in a short period of time that corresponds to scalping and same-day trading among the above.
In this story, whether BTC goes up or down is not the focus.
Therefore, you should not view and interpret this content with a mid- to long-term perspective.
The 'SHORT' position entered around 23390.5 is
1st: 20984.7-21826.1
2nd : 19411.7-20122.5
End of transaction: Around 17864.7
You can drag it for a long time in the same way as above.
It passed the M-Signal indicator on the 1W chart and fell.
Therefore, full-fledged position entry is expected to be possible.
-------------------------------------------
(BTCKRW 1D chart)
You need to check if it is supported around 27317000.
If not, a decline is expected around the downtrend line (2).
Since it fell from the HA-High indicator of the 1W chart to be newly created, the possibility of falling to the vicinity of the HA-Low indicator of the 1W chart is open.
The HA-Low indicator point on the 1W chart is at the 22424000 point.
However, since the HA-Low indicator may move as the price declines, you should check if it is supported in the area where it moved.
------------------------------
- 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.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
Next period of volatility: Around March 20 (March 19-21)Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good 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)
(USDC chart)
(BTC.D 1W chart)
(USDT.D 1D chart)
You need to see if it rises or falls while creating a gap on the USDT and USDC charts.
You should check the BTC dominance chart to break out of the 43.75-45.68 zone and form a trend.
It is showing a rise above 7.25 on the USDT dominance chart.
So, you need to make sure you get resistance around 7.86.
---------------------------------------
----------------------------------------
(BTCUSDT 1W chart)
The key is whether it can receive support around 20862.47 and rise above the HA-High indicator on the 1W chart.
If not, it is because there is a possibility of falling around the HA-Low indicator.
(1D chart)
The next volatility period is around March 20th.
Accordingly,
1st: 21023.14-21853.06
2nd : 19176.93-20050.02
It is necessary to check whether it is supported in the 1st and 2nd sections.
It will be important whether this pullback will make the HA-Low indicator on the 1D chart rise and look like it is about to be created.
This is because the HA-Low indicator is an indicator of possible buying points, and the HA-Low indicator on the 1D chart indicates short-term buying points.
If the HA-Low indicator seems to be created and is supported and rises near the point, there is a possibility that it will rise to the vicinity of the HA-High indicator.
If not and it declines, it is expected to renew the recent low.
Attention is focusing on whether the buying trend, which started below 17.8K, will start to defend the price around section A.
------------------------------------------
(BTCKRW chart)
I touched the HA-High indicator of the 1W chart to be newly created.
Therefore, being able to receive support around the 29218000 point has become an important issue.
If it does not and falls below the downtrend line (1), I would expect a decline around 27317000.
If the HA-Low indicator on the 1D chart rises and looks like it is about to be created, you need to check if it is supported near that point.
------------------------------
- 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.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
29k or less: Buying section for the rise next yearHello?
Traders, nice to meet you.
If you follow "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-----------------------------------------
The reason for the explanation of the USDT, USDC, BTC.D, and USDT.D charts is that even if you know the overall funding of the coin market, the price changes of coins (tokens) can be predicted to some extent.
(USDT chart)
(USDC chart)
(BTC.D chart)
(USDT.D chart)
It is necessary to make sure that the USDT and the USDC chart falls while generating gaps.
It is necessary to make sure that the trend is formed from the 43.75-45.68 section on the BTC Dominosis Chart.
You need to make sure that the trend is formed from the 6.85-7.25 section on the USDT dominance chart.
-----------------------------------------
If the price is maintained by rising more than 22421.2, it is expected to continue the mid- to long -term rise.
If not, you should check if you are supported by 20853.8.
-----------------------------
(BTCUSDTPERP 1D chart)
Based on the point of 22471.5,
1. If it rises,
1st: 23937.1-24294.1
Secondary: M-SIGNAL on 1m Chart
It is necessary to make sure that it is resisted near the first and secondary secondary.
2. When it falls,
1st: 20984.7-21826.1
Second: 19411.7-20122.5
It is necessary to make sure that it is supported near the first and second rounds above.
I think that the current decline is a shaking to shift the mid- and long -term trends.
The maximum drop in this shaking is expected to be near 17.8K.
However, there is a possibility of being supported by 20984.7-21826.1, 19411.7-20122.5 mentioned above, so it is necessary to respond.
Both falls and rises occur to shake, so the trading strategy should be modified or created.
This is because it is likely to be a trading strategy that reflects psychology, so it is possible to proceed with a bad deal.
It is a buying section in the mid- to long -term perspective of 29K.
However, it is recommended to buy BTC or ETH, but buy altcoin for the next year.
The reason is that when BTC begins a full -fledged rise, Altcoin is likely to be sideways or decline.
This is because this movement may lead to 45K.
(1H chart)
The explanation of the 1H chart tells us about the transactions in the short period of time, which is mentioned above.
In this story, BTC does not focus on it, whether the BTC rises or down.
Therefore, you should not interpret this in the mid- and long -term thoughts.
'S2', 'S1', and 23390.5 'Short' position
1st: 20984.7-21826.1
Second: 19411.7-20122.5
End of transaction: 17864.7
You can drag long in the same way as above.
Since the next lateral section is not yet determined, you can change the entry of positions that require a quick response.
------------------------------------------------
(BTCKRW 1D Chart)
It has fallen to the HA-HIGH indicator of the 1W chart to be created.
Therefore, the key is whether it can be supported and rising in the 29164000-29639000 section.
-----------------------------------
-The big picture
The full -scale rise is expected to start by more than 29K.
81K-95K, which is expected to be touched in the next ball.
----------------------------------------------------- ------------------------------------------------
** All descriptions do not guarantee losses in investments for reference.
---------------------------------------