Restriction on rise??? So how far???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 1D chart)
It will be a question of whether the gap can continue to rise above 68.468B.
(USDC 1D chart)
We need to follow the gap rise in USDT to see if it can turn into a gap rise in USDC.
If not, and continue to gap down, you should be careful as it will likely limit the uptrend of the coin market.
(BTC.D 1D chart)
The key is whether it can decline after receiving resistance in the 43.75-45.68 section.
Otherwise, if it rises above 45.68, there is a possibility that a strange market will be formed where only BTC rises, or the coin market will show a large decline.
If BTC dominance starts to decline around 39.56-40.44, I expect this uptrend to be extended.
(USDT.D 1D chart)
A rise above 6.90-7.27 is expected to cause the coin market to plummet.
So, it will be a question of whether it can get resistance and break down at 6.90.
---------------------------------------
----------------------------
(BTCUSDTPERP 1D Chart)
It is necessary to check whether the price can be maintained outside the area indicated by the yellow line.
when it rises,
1st: 23937.1-24294.1
2nd : M-Signal of 1M Chart
You need to make sure that it is supported in the vicinity of the 1st and 2nd above.
when it goes down,
1st: 20984.7-21826.1
2nd : 19411.7-20122.5
You need to make sure that it is supported in the vicinity of the 1st and 2nd above.
Looking at the secondary indicator of Strength,
- Overbought section: 2
- Fall in the overbought section: 1
- Rising in the oversold section: 1
Therefore, it is showing an upward trend.
Even if it shows an upward trend, it is expected that the trend will be determined by whether it is supported or resisted at important support and resistance points or sections.
Therefore, the most important thing at the moment is which of the 23937.1-24294.1 and 20984.7-21826.1 ranges mentioned above.
The HA-High indicator is forming as it rises to the 22980.0 point.
Therefore, volatility is expected to occur based on this point.
Fund inflow through USDT and outflow through USDC are in progress.
The influx of funds through USDT seems to have many people around the world who want the coin market to rise.
Money outflow through USDC does not seem to be thought of by those who operate large capital such as institutional investors.
Therefore, the current rise of the coin market is expected to be subject to many restrictions on the upward trend.
For an altcoin bull market to start, BTC dominance needs to turn to a downtrend.
If not, it will cause the altcoin's price to drop a lot.
(1h chart)
Full-fledged position entry is possible when you touch the M-Signal indicator on the 1D chart.
Therefore, entering the position below always requires quick judgment.
When ascending after being supported in the 'L2', 22777.2-23060.6 section, it is possible to enter the 'LONG' position.
However, it is expected that the rise will start when it rises above 5EMA on the 1D chart, so this should be taken into account.
1st: 23592.1-23937.1
2nd: 24294.1-24463.0
Trade close: around 25500.0
1st S/L : Around 22471.5
When resistance is confirmed at 'S2', 22471.5, it is possible to enter the 'SHORT' position.
1st: Around 21826.1
2nd: Around 20984.7
End of transaction: around 20122.5
1st S/L : Around 22975.1
-------------------------------------------
(BTCKRW 1D chart)
I need to see if there is movement out of the 27317000-29639000 range.
------------------------------
- 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.
** If this chart is shared, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at ().
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
Btcdominance
Bitcoin's market cap is increasingThe Bitcoin's Dominance Index, which shows the dominance of this cryptocurrency over the entire market, has recorded significant movements since August 2022 compared to the price movements of Bitcoin.
By comparing the ceilings created in the range of October 2021 and February 2022, at this time, with the price increase, the dominance index has been decreasing, and it has shown that the market is emptying these ceilings. Since August 2022, although Bitcoin is still trading at lower prices, its dominance in the market has been increasing at times and unchanged at worst.
After making the recent floor in November 2022, Dominance is also in full convergence of this growth, which shows that with the price increase, buyers have shown more willingness to buy.
The increase of the convergence dominance index with the growth of the price during the decline is one of the important events to detect a strong movement in this market.
Not breaking 22487.41 means...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)
If it rises above 68.468B, there is a possibility that the coin market will start a bull market.
You are making unusual movements.
(USDC 1D chart)
If it rises above 47.374B, there is a possibility that the coin market will start a bull market.
(BTC.D 1W chart)
The key is whether it can decline after receiving resistance in the 43.75-45.68 section.
If so, I expect the uptrend to be extended until a decline near 39.56-40.44.
Otherwise, if it rises above 45.68, there is a possibility that a strange market will be formed where only BTC rises, or the coin market will show a large decline.
The next volatility period is around February 13th.
(USDT.D 1D chart)
It needs a fine to keep it below 6.90.
A rise in USDT dominance means a fall in the coin market.
---------------------------------------
----------------------------------------
(BTCUSDT 1W chart)
As this week's candlestick closes with a lower candlestick, the question is whether the HA-High indicator can decline.
It has risen above 20862.47, that is, above HA-Low and above MS-Signal, and is in a state of transition to a mid- to long-term uptrend.
However, in order to continue the mid- to long-term upward trend, it must rise above HA-High, so HA-High must fall.
This pattern is a pull back pattern.
At this time, the important thing is that you should see support around 20862.47.
Funds enter the coin market through USDT, and as BTC declines, the price of all altcoins drops sharply.
This phenomenon may be natural.
This is because BTC exerts a great influence on the coin market enough to be called the key currency of the coin market.
Therefore, now is the time to boost the BTC price and revitalize the coin market.
For that to happen, a rise in BTC price is desperately needed.
It takes a lot of money for BTC price to rise.
The drop in the price of the altcoin will be seen even more because the funds will eventually lead to a sell-off of the altcoin.
(1D chart)
If it does not fall below 22487.41, nothing happens.
Even if it falls below 22487.41, if there is support around 21023.14-21853.06, this again, nothing happens.
There is only forced liquidation of high-sequence futures trading.
This is not surprising as the move was somewhat predictable for the price decline of altcoins.
The current movement is only sideways because we believe that the BTC price will start to shake only when it closes with a drop of -10% or more.
In this sidewalk, "Oh! It's dangerous!" When you start to think that, when you show support, then it will be the low point of the pull back.
As long as it does not fall below the downtrend line (1), I think it is a move to turn the mid- to long-term trend into an uptrend.
Therefore, from a mid-term and long-term investment perspective, the shake-up starts quickly and you start to get the opportunity to buy.
Buying at this time must be held until next year, so it is absolutely necessary to adjust the investment proportion.
------------------------------------------
- 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.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at ().
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
This period of volatility is coming to an endHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice 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 1D chart)
It will be a question of whether the gap can continue to rise above 68.468B.
(USDC 1D chart)
We need to follow the gap rise in USDT to see if it can turn into a gap rise in USDC.
If this is not the case, and continues to gap down, you should be careful as it has the potential to limit the uptrend of the coin market.
(BTC.D 1D chart)
The key is whether it can decline after receiving resistance in the 43.75-45.68 section.
Otherwise, if it rises above 45.68, there is a possibility that a strange market will be formed where only BTC rises, or the coin market will show a large decline.
If BTC dominance starts to decline around 39.56-40.44, I expect to extend this uptrend.
The next volatility period is around March 30th.
(USDT.D 1D chart)
If funds do not continuously flow into USDT and USDC and USDT dominance drops to around 6.21, it is expected that the coin market has peaked.
A rise above 6.90-7.27 is expected to cause the coin market to plummet.
---------------------------------------
----------------------------
(BTCUSDTPERP 1D Chart)
I touched the section 23937.1-24294.1, which is highly likely to be the peak of this uptrend and is the section I mentioned.
If it rises to the 23937.1-24294.1 section and is supported or breaks upward with a surge, it is expected to touch the M-Signal on the 1M chart.
With this rise, HA-Low on the 1M chart is rising and is about to form at 20984.7.
I think this is to disprove that this rise was a meaningful rise.
So, if it makes a wobbly movement up and down relative to the 20984.7-21826.1 zone, I would expect it to start buying for the next bull run.
The important thing here is not to fall below the downtrend line (1).
As I said in the previous big trend, it was said that in order for the full-fledged uptrend to begin, it must rise above 29K.
Therefore, I think the current movement has not yet entered a full-fledged uptrend.
Also, since it lies below the M-Signal on the 1M chart, which will serve as strong resistance, the key is whether the price can sustain the price by breaking above this indicator.
This volatility period is around January 21-28 (full-scale volatility period, up to January 31).
(1h chart)
I said that this uptrend is likely to be a one-month uptrend, and that the 23937.1-24294.1 section is likely to be the peak.
The basis for this thought was the movement of the USDT, USDC, and BTC.D charts.
As we enter this period of volatility, USDT's gap continues to rise, and it seems unwilling to break the uptrend.
Since you touched the 23937.1-24463.0 section, it can be said that you have moved out of the 22471.5-22975.1 section, which was the box and sidewalk section this time.
Therefore, I think it's good to watch the situation until it forms a box or sideways section again.
Full-fledged position entry is expected to be possible only after touching the M-Signal on the 1D chart.
Before that, I think only entry that requires quick response is possible.
It shows support near 'L2', 24294.1-24463.0, and it is possible to enter the 'LONG' position when ascending.
Trade Closed: 25500.0-25882.9
'S2', when it falls in the 23937.1-24294.1 section and shows resistance at 23937.1, it is possible to enter the 'SHORT' position.
However, since the price is located above the M-Signal on the 1D chart, quicker response is required when entering a 'SHORT' position.
1st: 22471.5-22975.1
2nd: Around 21826.1
End of trading: around 20984.7
First S/L: 24294.1-24463.0
-------------------------------------------
- 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.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at ().
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
StochRSI reflects the flow well. So what is the current flow???Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice 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)
If it rises above 68.468B, there is a possibility that the coin market will start a bull market.
(USDC 1D chart)
If it rises above 47.374B, there is a possibility that the coin market will start a bull market.
(BTC.D 1W chart)
The key is whether it can decline after receiving resistance in the 43.75-45.68 section.
Otherwise, if it rises above 45.68, there is a possibility that a strange market will be formed where only BTC rises, or the coin market will show a major decline.
The next volatility period is around March 30th.
(USDT.D 1D chart)
It needs a fine to keep it below 6.90.
A rise in USDT dominance means a fall in the coin market.
---------------------------------------
----------------------------------------
(BTCUSDT 1W chart)
I think the movement of the StochRSI indicator reflects the movement of the price unexpectedly well.
When the price starts to show an upward trend, you can see that the StochRSI indicator remains at the +100 point, just like section A.
After the pull back pattern, such as the B section, StochRSI shows a downward trend, indicating that the decline has become stronger.
If you look at these movements, you can see that they reflect the price movements rather quickly.
Indicators are lagging anyway. (I am not denying this.)
It is an indicator that can play a sufficient role as a tool to verify one's thoughts in the volatility of prices.
Currently, the StochRSI indicator is located around the 98 point.
Therefore, in order to continue the same flow as section A, we need to make sure that the previous high is still renewed.
If it fails to make a new high, the StochRSI indicator will turn to a bearish trend.
This week it broke the previous high.
So, we need to see next week if it breaks this week's high.
(1D chart)
As explained on the 1W chart, it made a new high this week.
So, all that remains is to see where this week's deadline is.
The most important section from the current price position is the 21023.14-21853.06 section.
If this week's candle closes near this zone, it's because the HA-Low indicator on the 1M chart is created at 21023.14.
The next important thing is whether the HA-High indicator on the 1D chart is created at the current price position.
When the price fell around 22487.41, the HA-High indicator on the 1D chart showed an upward move.
Then the price rises and disappears when it rises above 23K.
As much as that, I think it helps us to know that the current price position is an important section that can lead to volatility.
Therefore, when the HA-High indicator on the 1D chart rises and is created, if it is confirmed that it is supported above that point, I think it is highly likely to renew the previous high.
If not, there is a possibility of a sharp decline, so a countermeasure is needed.
Currently, the StochRSI indicator is in a strong downtrend.
If the price stays above 22487.41 while the strength of the downside is strong, StochRSI will turn to the upside.
In this case, BTC will also rise.
If not, it will fall below 22487.41.
------------------------------------------
- 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.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at ().
** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
BTC/USDT 1HOUR UPDATE !!Hello and welcome to this BTC /USDT chart update by Crypto Sanders.
I have tried to bring the best possible result in this chart.
Chart Analysis:-BTC is moving bullish in a rectangular channel. It attempted to breakout but could not close the candle above it.
It now maintains itself above its horizontal support. Further consolidation can be expected inside the rectangular channel.
A successful breakout of the rectangular channel will confirm a bullish move in the market, while a solid breakdown will confirm a descending push toward the horizontal support at $21,350 from where we can expect the market to bounce higher.
This is not a piece of financial advice.
Hit the like button if you like it and share your chart in the comment section.
Thank you
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Bitcoin ( BTC ) fell back below $23,000 on Friday, as markets consolidated ahead of U.S. consumer sentiment data.
BTC/USD slipped to a bottom of $22,654.59 earlier in today’s session, less than 24 hours after hitting a high of $23,215.00.
The drop came ahead of this afternoon’s U.S. consumer sentiment report, which is expected to come in at a reading of 64.6.
As can be seen from the chart, the relative strength index (RSI) also edged closer to a floor of 78.00, leading to a slight shift in momentum.
The 10-day (red) moving average continues to move in an upward direction, however should the index move below 78.00, this trend will likely reverse.
Currently, the index is tracking at 79.64, with BTC/USD trading at $22,965.60.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Breaking out of the uptrend channel in a period of volatility...Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice 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 1D chart)
I need to see if I can keep it at 66.442B or higher.
(USDC 1D chart)
We need to see if it can rise above 44.07B.
(BTC.D 1D chart)
The key is whether it can fall after receiving resistance in the 43.75-45.68 section.
Otherwise, if it rises above 45.68, there is a possibility that a strange market will be formed where only BTC rises, or the coin market will show a major decline.
The next volatility period is around March 30th.
(USDT.D 1D chart)
If funds do not continuously flow into USDT and USDC and USDT dominance drops to around 6.21, it is expected that the coin market has peaked.
A rise above 6.90-7.27 is expected to cause the coin market to plummet.
---------------------------------------
----------------------------
(BTCUSDTPERP 1D Chart)
By touching all the yellow horizontal points, the possibility of sideways movement is increasing.
The up and down swing starts when the price drops more than -10%.
The current appearance is just a sideways move, but you shouldn't think of it as shaking it.
As a testament to this sideways potential, the strength indicators show divergence.
Therefore, the trend is expected to continue away from the 22471.5-23390.0 zone.
Since this period of volatility is around January 28th (up to January 31st), it is recommended to observe the movement until January 29th.
When a new candlestick is created, I think it is good to check whether the Heikin Ashi body is in an uptrend or a downtrend, and see if it is supported or resisted.
There is a significant gap with the MS-Signal indicator, so be careful as there may be a sharp decline.
Be careful when trading as it is highly likely to touch the 24K section (expected to touch the M-Signal of up to 1M charts) and fall.
When going down, you need to make sure it is supported in the 20984.7-21826.1 section.
(1h chart)
You need to check which section you will deviate from among the sections marked with yellow circles.
If the price drops to around 22471.5 after the time shown on the chart, there is a possibility of a sharp decline, so a countermeasure is needed.
If the price is maintained above the M-Signal on the 1D chart, the main position is 'LONG'.
Therefore, a quick response is required when entering the 'SHORT' position.
When the 5EMA of the 1D chart is touched, there is a possibility of volatility, so at this time, you should carefully look at the direction and respond.
Since HA-Low and HA-High of the 1h chart are passing between 22691-22753.2, it is possible to enter a position around this section. (aggressive entry)
However, since it is close to 24294.1, which is considered the high point, a quick response is required when trading.
If it is supported around 'L2', 11975.1, it is possible to enter the 'LONG' position.
However, the trading end time is 23937.1-24294.1.
The first S/L point is 22691.
If resistance is received at 'S2', 22471.5, it is possible to enter the 'SHORT' position.
1st: Around 21826.1
2nd: Around 20984.7
End of trading: around 20122.5
First S/L point: 22753.2
-------------------------------------------
- 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.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at ().
** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
USDT.DOMINANCE 4HOUR UPDATE BY CRYPTO SANDERS!!Hello, welcome to this USDT. dominance update by CRYPTO SANDERS.
CHART ANALYSIS:-Hello my friends in the USDT Dominance charts, when USDT Dominance was trading inside a parallel channel from Jan 13, 2023, 7:00 UTC, I see something like this pattern, when the breakdown Jan 25, 2023, 23:00 UTC Thus we are seeing that whenever USDT dominance falls below the top level of its parallel channel, about 9% of the USDT dominance bomb explodes and this results in a massive parallel channel. turns. Hits the trade line and is back 8% to 9% looks the same today and I expect USDT dominance to be around 9% today stay tuned for more such updates thanks
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
The peak is when everyone says it's a bull marketHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice 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)
If it rises above 68.468B, there is a possibility that the coin market will start a bull market.
(USDC 1D chart)
If it rises above 47.374B, there is a possibility that the coin market will start a bull market.
Funds coming in through USDT and USDC are insufficient.
As a result, the flow of funds does not appear to be very smooth.
(BTC.D 1W chart)
The key is whether it can fall after receiving resistance in the 43.75-45.68 section.
Otherwise, if it rises above 45.68, there is a possibility that a strange market will be formed where only BTC rises, or the coin market will show a major decline.
The rise in BTC dominance means that money is concentrating towards BTC.
Therefore, it is likely that BTC will dominate the coin market.
With BTC dominance, you can only tell whether funds are concentrated towards BTC or altcoins, but cannot predict the movement of BTC price.
The next volatility period is around March 30th.
(USDT.D 1D chart)
During the volatility period of January 23rd-25th, we need to make sure it stays below 6.90.
---------------------------------------
----------------------------------------
(BTCUSDT 1W chart)
Volatility is likely around the week that includes January 30th.
Therefore, it is necessary to keep a close eye on movements during this period of volatility.
In order to maintain the mid- to long-term uptrend, the price must be maintained above 20050.02.
However, in order to continue the mid- to long-term upward trend, the price must rise above the HA-High indicator to maintain the price.
Therefore, you need to shake it up and down to create an HA-High indicator.
This kind of movement will definitely come out, so you have to think about how to respond to it.
If it rises higher, it is expected that the wiggle mentioned above will start by touching the M-Signal on the 1M chart.
From a mid- to long-term perspective, we have yet to create a proper uptrend.
(1D chart)
It is rising, breaking the previous high.
The key is whether it can rise above 23949.03 and get support.
If it rises above 24K, the section expected to create a high, it is expected to end this uptrend by touching the M-Signal on the 1M chart and falling.
I can say this because of the flow of funds I mentioned at the beginning.
Since it is judged that funds are not smooth, an excessive rise in BTC will lead to a decrease in the price of the entire coin market, that is, altcoins.
This is because it will form an ambiguous market in which BTC alone rises, which is ambiguous to say it is an upward trend.
From a short-term investment perspective, I think you need a strategy to cut short and get profits when it soars.
Profiting by cutting short does not mean profiting by selling 100% when it rises.
From a mid- to long-term investment perspective, I think it's time to prepare for the next bull market.
Therefore, it is necessary to reduce the proportion of coins (tokens) that are in the process of short-term investment and to secure cash.
Otherwise, if the coin (token) that you are making a short-term investment suddenly plummets and you cannot recover your funds, you will lose a good opportunity to profit from the big bull market in the future.
It doesn't matter what kind of trading you do, as long as you can respond quickly in short-term trading by planning it according to your investment style and trading strategy.
However, if you feel that trading hours are vague due to your livelihood, or if you are still inexperienced in short-term trading, you should build up the funds to buy in the upcoming downturn.
The most basic trading strategy for trading is to buy when falling and sell when rising.
It is important to keep this in mind and trade according to your own trading strategy.
In the trading strategy mentioned above, split selling and stop loss have different meanings and the trading method itself is different.
It will be a transaction that you will regret even if you make a profit when trading with the stop-loss method in which you set the investment portion in the way of split selling and sell it all at once.
I think the meaning of shaking it will start after at least -10% decline.
If not, it's just walking sideways.
So, nothing has started shaking itself yet.
It seems that there are some people who do not understand this well and think that shaking in a short section is a sideways movement.
The market always tends to deviate from our predictions and prevent us from responding.
Therefore, remember that the current uptrend is the time to sell, not the time to buy more.
------------------------------------------
- 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.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at ().
** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
BTC dominance...ICPWhile bitcoin dominates the market it pulls the strings to an extent as we all know. So until BTC Dominance drops and altcoin season begins we have to monitor BTC. So the previous idea stands but as we can see last time BTC was trending sideways we trended along the widdle line on the chart so ICP probably wont break 5.80 until BTC hits 23k again
BITCOIN/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Bitcoin ( BTC ) fell below the $23,000 level on Wednesday, as a red wave swept through cryptocurrency markets.
Following a high of $23,048.18 on Tuesday, BTC/USD hit an intraday low of $22,406.08 earlier in today’s session.
As a result of today’s drop in price, bitcoin fell to its weakest point since Sunday, breaking out of a floor at $22,500 in the process.
Looking at the chart, the drop came as the 14-day relative strength index (RSI) fell to its lowest level since last Thursday.
At the time of writing, the index is tracking at a level of 79.93, which comes less than 24 hours after hovering at 85.09.
Since its earlier breakout, the world’s largest cryptocurrency has somewhat rebounded and is currently trading at $22,614.62.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Altcoins To Correct Hard Against Bitcoin According To DominanceI suspect altcoins get brutalized during the next correction for whatever reason, but BTC stands stronger - hence what I see in the BTC dominance chart. Alts are about to face a C-wave against BTC. The bottom of wave II in BTC.D happened when Bitcoin broke above its former ATH of $20K the first time in December 2020. In January 2021, it immediately turned back toward altcoins.
But when the correction ends, you want to move some BTC into altcoins because wave 5 in dominance is going to be bonkers.
Check if there is movement out of the box sectionhello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
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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 1D chart)
I need to see if I can keep it at 66.442B or higher.
(USDC 1D chart)
We need to see if it can rise above 44.07B.
(BTC.D 1D chart)
During the volatility period of 22nd-24th January, it will be a question of whether it can find resistance and decline in the 43.75-45.68 area.
Otherwise, if it rises above 45.68, there is a possibility that a strange market will be formed where only BTC rises, or the coin market will show a major decline.
The rise in BTC dominance means that money is concentrating towards BTC.
Therefore, it is likely that BTC will dominate the coin market.
With BTC dominance, you can only tell whether funds are concentrated towards BTC or altcoins, but cannot predict the movement of BTC price.
The next volatility period is around March 30th.
(USDT.D 1D chart)
During the volatility period of January 23rd-25th, we need to make sure it stays below 6.90.
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(BTCUSDTPERP 1D Chart)
It is showing a decline without renewing the high.
You need to make sure you can climb with support around 22471.5.
It is necessary to make sure that it can be supported in the 20984.7-21826.1 section, which is important for the medium and long term.
If not, and it falls below 20643.2,
1st : 19411.7-20122.5
2nd: Around 17935.7
You need to check if it is supported in the vicinity of the 1st and 2nd order.
I am just walking sideways in the sideways section, but the movement of altcoins is unusual.
We believe this move is because BTC dominance is getting closer to 45.
In a situation where funds are not properly flowing into the coin market, the rise in BTC dominance has become a factor that can lead to the vitality of the coin market.
However, if it rises above 45, there is a possibility that BTC alone will rise as funds from altcoins shrink and concentrate towards BTC if funds do not continuously flow into the coin market.
It's fortunate if BTC alone rises, but if it falls together, the price of altcoins will show a huge drop.
As USDT is currently holding above 66.442B, the price defense of the coin market is likely to be achieved.
However, if USDC continues to gap down, there is a possibility that the price defense of the coin market will be broken, so you should keep an eye on it.
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(1h chart)
If the price is above the M-Signal on the 1D chart, the main position is 'LONG'.
Therefore, a quick response is required when entering the 'SHORT' position.
The 'LONG' position to be entered near 'L1', 20794.4-20984.7 is in a state of first and second selling.
At the end of the transaction
1. When touching the vicinity of 23937.1-24294.1
2. When falling below 5EMA on the 1D chart
3. When the average entry price is touched
In fact, the second sale has been completed, so you can close the transaction anywhere you want.
It shows a sideways movement in the 22471.5-22975.1 section.
When a sideways range is formed in this way, it can be said that a range that can be traded with high leverage has been formed.
Therefore, those who trade with low leverage need to trade when they break out of this sideways range to profit from the big trend.
Those who trade with high leverage
- Enter the 'SHORT' position near 'L2' and close the trade near 'S2'.
- Enter the 'LONG' position near 'S2' and close the trade near 'L2'.
However, if it moves out of the sideways range, it is recommended to close the trade as soon as possible.
5EMA on the 1D chart touched as it entered the sideways section.
Thus, the possibility of volatility has increased.
If you trade with low leverage,
- When receiving resistance near 'S2', it is possible to enter the 'SHORT' position.
1st: Around 21826.1
2nd: Around 20984.7
End of trading: around 20122.5
However, since it can touch the uptrend line (1) and rise, it is recommended to proceed with the first sale or split the sale when you see support around 21978.5 to preserve profits.
- When supported near 'L2', it is possible to enter the 'LONG' position.
Close transaction: 23937.1-24294.1
With the high likely to be the 23937.1-24294.1 range, it is quite risky to open a new position in the 22471.5-22975.1 range.
Therefore, it is recommended to avoid trading whenever possible.
However, trading is always possible if you want to profit from a big trend, even with a small loss.
In this case, you have to trade mechanically, no matter what your losses.
Otherwise, if you keep changing your trades to cut losses in these small sideways zones, you may be left behind when the big trend starts.
-------------------------------------------
- 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.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at ().
** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
USDT.DOMINANCE 1DAY UPDAYE BY CRYPTO SANDERS !!Hello, welcome to this USDT.dominance update by CRYPTO SANDERS.
CHART ANALYSIS:-USD.dominance update USD has broken the bottom line by forming a dominance ascending triangle pattern and the latest one also continued from a 7.27% decline to 6.55% next target for USD dominance could be 5.81% if USD dominance breaks to 5.81% If this goes up, we can see USD dominance up to 4.59%
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
BTC/USDT 12Hr UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USDT update by CRYPTO SANDERS.
CHART ANALYSIS:-BTC is retesting over the descending channel. The current short-term resistance level is $23.5K.
The bulls need to clear the $23.5K resistance for the continuation of the bullish momentum in the market.
In case of a failed retest of the descending channel, $19K is a strong support level for bulls to make a higher low over that level.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
BITCOIN/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Bitcoin ( BTC ) consolidated for a third straight day, as traders continued to secure gains from Saturday when prices rose to a five-month high.
Despite consolidating, BTC/USD remained above $23,000 for most of today’s session, hitting a high of $23,134.01 in the process.
This comes less than 24 hours after it was trading at a low of $22,654.30, which is near short-term support at $22,500.
Looking at the chart, BTC is currently trading at $22,913.54, and this comes as the 14-day relative strength index (RSI) neared a ceiling of 86.00.
At the time of writing, the index is tracking at a level of 85.09, with a floor of 80.00 another possible destination for traders.
The 10-day (red) moving average has also begun to show signs of peaking, which could lead to a sudden shift in momentum.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
To turn into a long-term uptrend...hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice 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)
All charts confirm the gap increase and show an uptrend.
(USDC 1D chart)
All charts show an increase in the gap, but it's still too early to say it's on the rise.
(BTC.D 1W chart)
During the volatility period of 22nd-24th January, it will be a question of whether it can find resistance and decline in the 43.75-45.68 area.
Otherwise, if it rises above 45.68, there is a possibility that a strange market will be formed where only BTC rises, or the coin market will show a large decline.
The rise in BTC dominance means that money is concentrating towards BTC.
Therefore, it is likely that BTC will dominate the coin market.
With BTC dominance, you can only tell whether funds are concentrated towards BTC or altcoins, but cannot predict the movement of BTC price.
The next volatility period is around March 30th.
(USDT.D 1D chart)
During the volatility period of January 23rd-25th, we need to make sure it stays below 6.90.
No matter how the USDT, USDC, BTC.D charts change, the decline in USDT dominance is likely to indicate an uptrend in the coin market.
Therefore, to see the trend of the short-term coin market, you just need to check whether the USDT dominance is currently on a down or up candle.
If USDT dominance is on a falling candlestick, it can be interpreted that the coin market is likely to show an uptrend.
---------------------------------------
(BTCUSDT 1W chart)
Volatility is likely around the week that includes January 30th.
Therefore, it is necessary to keep a close eye on movements during this period of volatility.
The MS-Signal indicator has turned into an uptrend.
Therefore, we see a mid- to long-term uptrend, but it needs to hold the price above 20050.02 to be maintained.
I also hope that it will just turn to the uptrend with a bigger rise, but it has been in a downtrend for too long.
Therefore, it is unlikely that it will show an immediate uptrend.
Therefore, when rocking up and down, it is important at which point and which section you are supported.
The StochRSI indicator is approaching the 100 point.
So, it's showing tremendous upside strength.
If the price fails to make a new high when it is showing such high strength, it is more likely that it will eventually lead to a bearish picture.
When StochRSI turns down and exits the overbought zone, it is important to see where it finds support or resistance.
1st: 21023.14-21853.06
2nd : 19695.87-20050.02
3rd: Around 17880.71
(1D chart)
Breaking highs is important to continue the uptrend.
And, it is also important to look at raising the lows.
Therefore, it is necessary to check whether there is a movement out of the yellow support and resistance zone.
If the current price shows a sideways trend, sooner or later the Heikin Ashi body will start showing a bearish sign.
This is the time to see if you can overcome it or not.
In order to turn into a long-term uptrend, the price must maintain the price by rising above the HA-Low on the 1M chart and above the MS-Signal (M-Signal) on the 1M chart.
Currently, M-Signal on the 1M chart is declining around 26K.
What is important to look at during this period of volatility, around January 21-28 (up to January 18-31)
1. Can an M-Signal indicator on the 1M chart be created next month by maintaining the price around 21023.14?
2. Can it be supported and rise on the newly created 1D chart's HA-High indicator?
3. Can the price be maintained above 20050.02 to maintain the mid- to long-term upward trend?
You need to check the 3 things above.
If you show support like this, chances are you'll end up rocking up and down while walking sideways.
However, I think this is a positive move from my point of view as it has turned into a new trend.
To maintain this new trend, you need to keep the price above the downtrend line (1) even if it shows a decline.
This is a very important point from a mid- to long-term perspective.
A decrease in USDT.D and a decrease in BTC.D means that the coin market is likely to show an upward trend as funds are concentrated towards altcoins.
Therefore, it can be interpreted that BTC prices are likely to move sideways or fall, while altcoins are likely to show an upward trend.
However, if the BTC price falls below a certain point, the price of the altcoin will drop sharply.
If you don't find a way to deal with it, you'll end up losing money or buying at the top.
------------------------------------------
- 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.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at ().
** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
BITCOIN DOMINANCE: FACING SOME RESISTANCEHello traders, it's me Dexter with yet another update on BTC dominance. This is going to be important so make sure you read it till the very end.
The timeframe used: 3 days.
So, BTC.D is basically Bitcoin’s share out of the total market capitalization of all cryptocurrencies. Bitcoin Dominance tells you whether the altcoins are performing better, worse, or similar to Bitcoin.
Recently, we saw altcoins make some good gains along with BTC, and also we saw BTC dominance increasing close to 9%. Technically, these three don't go along together. If BTC.D increase along with BTC then Altcoins decreases but this time it didn't happen that way. This proves that the trend is changing and the market doesn't necessarily follow the same old rules.
So, what's next?
Both BTC and BTC.D are at the resistance and the total2 broke out above the resistance. If BTC.D breaks above the 44.5% resistance level then it will possibly move toward the next initial target which is the 48%-50% resistance level. A rejection on the other hand may drop the dominance back to a 42.4% support level. Things are crucial at the current resistance level. If BTC.D gets rejected then BTC must continue to rally in order to keep up with the altcoin's rally.
What's your thought on the BTC dominance? If you have a better explanation then I would be happy to know to get some ideas from you guys.
Thank you for reading. Trade safely.
BTCDOMUSDT SHORT ENTRYHere we can see that "BTCDOMUSDT" in 1 day time frame has a trendline resistance at "1432" and a support zone at "1341". If the price takes rejection from the resistance zone we can look for a good SHORT TRADE here. Entry zone at "1432" with a Tight Stoploss at 1455" ans a Target of "1340".
ENJOY!!!!!
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Bitcoin ( BTC ) raced past the $23,000 level to start the weekend, with prices climbing to a multi-month high.
Following a low of $20,961.21 on Friday, BTC/USD climbed to an intraday peak of $23,249.89 earlier today.
Today’s rally saw bitcoin jump to its highest level since August 24, when the price at the time was trading at a top of $23,600.
As can be seen from the chart, the move comes as the 14-day relative strength index (RSI) moved back toward a ceiling of 90.00.
Currently, the index is at the 86.30 level, with earlier gains somewhat fading, as traders move to secure profits.
As of writing, BTC is trading at $22,902.03, which is still roughly 9.27% higher than yesterday’s low.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you