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Btcdominance

The next period of volatility is around February 22Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. Thanks for your feedback on the dark mode, I made the chart in black as much as possible to match the colors used in the chart. Please leave your thoughts on this in the comments. ------------------------------------- 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. However, it is necessary to continue the upward trend with a gap. (USDC 1D chart) If it rises above 47.374B, there is a possibility that the coin market will start a bull market. If it falls below 39.675B-42.563B, there is a possibility that the coin market will enter a recession. Since USDT and USDC are moving in opposite directions, it can be interpreted that the market is showing a mixed trend. (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 the 39.56-40.44 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 next volatility period is around February 21st. (USDT.D 1D chart) The HA-Low indicator on the 1W chart is about to form at the 7.11 point. So, if it finds support around 7/11, it is expected to lead to further upside. If resistance comes from the HA-Low indicator, I would expect a decline around 6.21 as there is a possibility of renewing lows. Seeing whether you are getting support or resistance is tedious and unpredictable. However, it is recommended to check the movement for at least 1-3 days. A rise in USDT dominance means a fall in the coin market. The next period of volatility is around March 3rd. No matter what the movements of the USDT, USDC, BTC.D charts are, you should pay the most attention to the movement of USDT dominance in the short term. --------------------------------------- ---------------------------------------- (BTCUSDT 1W chart) 19900.52-20862.47 The key is whether or not it can be supported. (1D chart) Despite the rise of the stock market, the coin market shows little change in movement. Issues with BUSD may have caused a large gap decline in USDC, but since it has been in a downward trend from the beginning, it is difficult to see it as a decline due to issues. In any case, institutional investors are seen as recovering their funds from the coin market, so be careful in trading. Currently, the key is whether it can be supported and ascended in the 21023.14-21853.06 section. If not, a decline near 19176.93-20050.02 is likely. If it rises above 21853.06, we need to see if we can rally around 22487.41. ------------------------------------------ (BTCKRW 1D chart) It is necessary to check whether there is movement out of the 27317000-29639000 section. In particular, since the HA-High indicator on the 1W chart is trying to be created at the 2698100 point, the key is whether the price can be maintained above this 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. ** 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.) ---------------------------------
by readCrypto
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS. CHART ANALYSIS:-Bitcoin ( BTC ) continued to trade close to a multi-week low on Monday, as market sentiment remained bearish ahead of the upcoming U.S. inflation report. Following a high of $22,060.99 on Sunday, BTC/USD dropped to an intraday low of $21,539.50 to start the week. As a result of the decline, bitcoin remains close to its lowest point since January 20, which is the last time prices were under $21,000. Looking at the chart, today’s move comes as the 14-day relative strength index (RSI) maintains its proximity to a support point at 44.00. At the time of writing, the index is currently tracking at 45.80, with a resistance level of 50.00 an ideal target for remaining bulls. Should this target be captured, bulls could extend this rally, and move to regain market 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
BITSTAMP:BTCUSD
by CryptoSanders9563
This week, it will be a matter of keeping the price above 19.9KHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. This is the first chart to change the background color of the chart. Please leave a comment about the color, please. ------------------------------------- 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) If it falls below 39.675B-42.563B, the coin market is likely to enter a recession. Since the movements of USDT and USDC are moving in opposite directions, it can be interpreted that the market is showing a mixed trend. However, if USDT's funds are not withdrawn from their current position, the market is likely to recover faster than expected. (BTC.D 1D chart) In order for the uptrend to be prolonged, it needs resistance and a decline near 43.75. The uptrend is expected to continue until it declines around 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. (USDT.D 1D chart) A rise above 6.90-7.27 is expected to cause the coin market to plummet. A rise in USDT dominance means a fall in the coin market. The next period of volatility is around March 3rd. No matter what the movements of the USDT, USDC, BTC.D charts are, you should pay the most attention to the movement of USDT dominance in the short term. --------------------------------------- ---------------------------- (BTCUSDTPERP 1D Chart) The HA-High indicator on the 1W chart is expected to be created at 19917.3. Therefore, if the price is maintained above 19917.3, it is expected to continue its mid- to long-term uptrend. However, since the money flows of USDT and USDC are moving in opposite directions, it is not easy to predict the market trend. Therefore, according to the 'Strength' indicator, 1. Uptrend: 1 2. Stationary: 2 3. Downtrend: 1 Due to the above results, it can be assumed that there is a sideways movement. This crosswalk has the potential to form a pull back section. So, as I said before, there is the possibility of making the handle of the cup patter. What is important now is the fact that it is stationary and sideways. It is expected to break out of the 20984.7-22471.5 zone for the sideways to break. Therefore, we need to check and respond to the support and resistance points and S/L points of the altcoins that we have until then. The most important indicator in my chart is the MS-Signal indicator. If the price is below this indicator, it is likely to continue a downtrend, and if it is above it, it is likely to continue an uptrend. Therefore, when combined with the 'Strength' indicator above, the conclusion can be interpreted as a weak downtrend. It is necessary to check whether the movement continues within the expected channel formed by the downtrend line (1), downtrend line (2), and uptrend line (3), or whether it forms a sideways section. 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 You need to make sure that it is supported in the vicinity of the 1st and 2nd above. (1h chart) Since the price is located below the M-Signal on the 1D chart, the main position is 'SHORT'. Therefore, a quick response is required when entering a 'LONG' position. It is expected that high-magnification boxes and sideways sections that require quick response have been created. This section is the section 21505.6-22027.3. Therefore, it is expected that high multipliers can be traded as 'L2' -> 'S2', 'S2' -> 'L2'. However, if the price rises above 21826.1 again when trading from 'L2' -> 'S2', it is recommended to close the trade and check the situation. A quick response is required, but when the low magnification is supported around 'L2', 22027.3, it is possible to enter the 'LONG' position. However, it is expected to continue rising only when it exceeds 5EMA and M-Signal on the 1D chart, so if it shows resistance, it is recommended to preserve profits by selling in parts. 1st: around 22471.5 End of transaction: around 22975.1 When it shows resistance around 'S2', 21505.6, it is possible to enter the 'SHORT' position. However, if it does not fall below the M-Signal on the 1W chart, it is recommended to preserve profits by selling in parts. 1st: Around 20984.7 End of transaction: around 20122.5 Looking at the movement so far, it seems that around 21726.6 is the center point of this box, sideways section. Therefore, a more aggressive position is expected to be able to enter the position depending on whether it is supported or resisted at 21726.6. A full-fledged position is currently in progress. 'S1', 'SHORT' position entered near 22471.5 is in progress. 1st: Around 21826.1 2nd: Around 20984.7 End of transaction: around 20122.5 It fell below 21826.1 and became the first round of selling. If the price rises and rises above 5EMA on the 1D chart, it is recommended to close the trade and assess the situation. If not, you can proceed with the transaction. However, since the M-Signal on the 1W chart is rising, if it fails to fall below the M-Signal on the 1W chart, it is recommended to sell some of the items to be sold at the secondary selling point and observe the situation. ------------------------------------------- (BTCKRW 1D chart) It is necessary to check whether there is movement out of 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. ** 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.) ---------------------------------
by readCrypto
1
Need to confirm if HA-High of 1W chart will be created at 19.9KHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. Following yesterday, today we changed the background color of the chart. Please leave a comment on which chart is more eye-catching, yesterday's background color or today's background color. For your information, there is a significant difference between viewing a chart in real time and sharing a chart with a picture. Therefore, I would be grateful if those who share and use my charts leave comments. ------------------------------------- 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. However, it is necessary to continue the upward trend with a gap. (USDC 1D chart) If it rises above 47.374B, there is a possibility that the coin market will start a bull market. If it falls below 39.675B-42.563B, there is a possibility that the coin market will enter a recession. Since USDT and USDC are moving in opposite directions, it can be interpreted that the market is showing a mixed trend. However, if USDT funds are not withdrawn from their current position, the market is likely to recover faster than expected. (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 the 39.56-40.44 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 next volatility period is around February 21st. (USDT.D 1D chart) The question is whether it can fall below 6.90. A rise in USDT dominance means a fall in the coin market. The next period of volatility is around March 3rd. No matter what the movements of the USDT, USDC, BTC.D charts are, you should pay the most attention to the movement of USDT dominance in the short term. --------------------------------------- ---------------------------------------- (BTCUSDT 1W chart) If this week's candlestick closes near the current price, we would expect the HA-High indicator to form at 19900.52, as indicated on the chart. Therefore, it can be interpreted that BTC is more likely to touch around 19900.52. Since the price is maintained by rising above HA-Low and above MS-Signal, it has turned into a mid- to long-term upward trend. Therefore, if the price is maintained above 19900.52, which is expected to be created this time, it is expected to continue the mid- to long-term upward trend. (1D chart) You need to make sure you can climb with support on the 21023.14-21853.06 section. However, as mentioned in the explanation of the 1W chart, the HA-High indicator of the 1W chart is expected to be created at the point of 19900.52, so there is a possibility that it will fall to the 19176.93-20050.02 section. As I said yesterday, I think a shaker must come out for BTC to reverse the mid- to long-term trend. So, that wiggle point is expected to begin with BTC declining by more than -10%. Looking at the chart from this point of view, I think a drop below 17.8K is likely. At the extreme, if a panic occurs, it may temporarily touch around 15.4K-16.5K and rise. At this time, you need to think about whether you can proceed with the purchase from a mid- to long-term perspective. Because if not, there is a good chance you will be left with nothing to do when the price drops drastically. There is no momentum from the current move to turn into an uptrend. So, even if it rises, we expect it to be nothing more than a rebound. To revert to an uptrend, it needs to rise above 22487.41 to show support. Thinking about the big picture hasn't changed. If there is a movement large enough that the big picture needs to be corrected, then I will give you the direction of the big picture again. Something important enough that the big picture will be corrected is currently plotted on the chart. That is the downtrend line (1). As long as it does not fall below this downtrend line (1), the big picture written below will hold. Therefore, we believe that this decline should be interpreted as a time to start buying in the medium and long term. However, it is expected that the beginning will begin with BTC falling more than -10%. The goal is to create a trading strategy to buy for next year's bull market. If you misunderstand this and use all your money to buy, you will miss a good opportunity as you will not last until next year and sell midway through. Therefore, this trading strategy should be tailored to the medium and long term perspective. ------------------------------------------ (BTCKRW 1D chart) It is necessary to check whether there is movement out of 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. ** 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.) ---------------------------------
by readCrypto
4
Mid- to long-term shaking begins when it drops by -10% or moreHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. This is the first chart to change the background color of the chart. Please leave a comment about the color, please. ------------------------------------- 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) If it falls below 39.675B-42.563B, the coin market is likely to enter a recession. (BTC.D 1D chart) In order for the uptrend to be prolonged, it needs resistance and a decline near 43.75. The uptrend is expected to continue until it declines around 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. (USDT.D 1D chart) A rise above 6.90-7.27 is expected to cause the coin market to plummet. As USDT and USDC move, there is a possibility that the area around 5.89-6.21 will be the peak of this uptrend. Therefore, it is necessary to ensure that funds are continuously flowing in USDT and USDC. --------------------------------------- ---------------------------- (BTCUSDTPERP 1D Chart) At the current price, if this week's candle closes, I would expect the HA-High indicator on the 1W chart to drop from 59409.3 to 19917.3. If the price is maintained above the HA-High indicator on the 1W chart, it is expected to play an important role as it is expected to continue its mid- to long-term upward trend. The rise created the HA-Low indicator on the 1M chart at 20984.7, an important long-term buy point. Therefore, the key is whether it will show a sideways movement centered on the 19917.3-20984.7 section. It can be seen that this is an important section because it corresponds to the first section expected to make the handle of the cup pattern mentioned in the previous idea. You need to check whether the movement continues within the expected channel formed by the downtrend line (1), downtrend line (2), and uptrend line (3), or whether it forms a sideways section. 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 You need to make sure that it is supported in the vicinity of the 1st and 2nd above. (1h chart) Since the price is located below the M-Signal on the 1D chart, the main position is 'SHORT'. Therefore, a quick response is required when entering a 'LONG' position. A 'SHORT' position entered near 'S1', 22471.5 is in progress. 1st: Around 21826.1 2nd: Around 20984.7 End of transaction: around 20122.5 It fell below 21826.1 and became the first round of selling. If the price rises and rises above 5EMA on the 1D chart, it is recommended to close the trade and assess the situation. If not, you can proceed with the transaction. However, since the M-Signal on the 1W chart is rising, if it fails to fall below the M-Signal on the 1W chart, it is recommended to sell some of the items to be sold at the secondary selling point and observe the situation. Since it cannot be said that the box and sidewalk sections have been formed yet, it is recommended to wait until the box and sidewalk sections are formed before entering the 'L2' and 'S2' positions that require a quick response. ------------------------------------------- (BTCKRW 1D chart) It is necessary to check whether there is movement out of 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. ** 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.) ---------------------------------
by readCrypto
BTC.D gonna skyrocket while the SEC is gonna go after S***coinsBitcoin fails the Howey Test, because it is the only (crypto)currency without an issuer (government, corporation or "foundation"). Therefore, it is considered a commodity by US law. Every other altcoins passes the Howey Test. That means that other cryptos are actually securities in the eyes of the US law. But these securities aren't registered to the SEC, so they are actually unregistered securities, which are illegal in the US. The SEC just started going after those unregistered securities and will probably go against them even harder with time. This is very bad news for all altcoins. Moreover, using the Wyckoff Method on the Daily chart to conduct our price analysis, we can see that it looks like we have an accumulation going on BTC.D.
CRYPTOCAP:BTC.DLong
by Rainonme
2
When creating medium and long term trading strategiesHello? 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) If it rises above 68.468B, there is a possibility that the coin market will start a bull market. However, it is necessary to continue the upward trend with a gap. (USDC 1D chart) If it rises above 47.374B, there is a possibility that the coin market will start a bull market. If it falls below 39.675B-42.563B, there is a possibility that the coin market will enter a recession. Since USDT and USDC are moving in opposite directions, it can be interpreted that the market is showing a mixed trend. However, if USDT's funds are not withdrawn from their current position, the market is likely to recover faster than expected. (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 the 39.56-40.44 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 next volatility period is around February 21st. (USDT.D 1D chart) The question is whether it can fall below 6.90. A rise in USDT dominance means a fall in the coin market. The next period of volatility is around March 3rd. --------------------------------------- ---------------------------------------- (BTCUSDT 1W chart) Although the value of the RSI index, which is involved in the movement of the HA-Low and HA-High indicators, has fallen below 70, the HA-High indicator has not declined and remains the same. Therefore, the question is whether BTC can continue its decline until the HA-High indicator declines. If possible, you should see if it can lead to a picture in which the HA-High indicator is created with a decline when it fell around 20798.16, and the price continues to rise above the HA-High indicator point. Otherwise, if it continues to fall, there is a possibility of touching the HA-Low indicator, so the movement when the HA-High indicator was created by falling is important. In any case, it is currently in a state of transition to a mid- to long-term uptrend. Therefore, it is unknown whether the current decline is a move to turn to the downside or a move to form a pull back pattern. Therefore, it needs support near 20798.16 to maintain the medium- to long-term bullish trend. (1D chart) I touched the first section of the support section to make the handle of the cup pattern I mentioned before. However, in order to complete the cup pattern mentioned in the textbook, it is necessary to touch the C section and rise. The 21023.14-21853.06 section is formed by HA-Low (21023.14) on the 1M chart and HA-Low (21853.06) on the 1W chart. Therefore, it can be seen that an important buying period has been formed from a mid- to long-term perspective. Therefore, there is a possibility that the handle of the cup pattern can be made shorter. The important thing is that the pattern is a problem that can be discussed after it is complete. The fact that these patterns will be created in advance with numerous patterns is because there is a possibility of distorting and interpreting the chart flow without accepting it as it is. Since the cup pattern mentioned this time is being generated with funds coming in through USDT, it was judged that there is a high possibility of creating a cup pattern. There is also a possibility that the handle of the cup pattern can be made a little larger. The interval is 19176.93-20050.02. This section consists of the volume profile of the 1M chart and the volume profile of the 1D chart. Therefore, this is because it is seen to form a stronger support section than other sections. The market always beats our expectations. Therefore, there is a possibility that the above-mentioned cup pattern may not be created and lead to further decline, so we must always accept the flow of the chart as it is and create a trading strategy. The support section at this time is 15.4K-17.9K. Thinking about the big picture hasn't changed. If there is a movement that is large enough that the big picture needs to be corrected, then I will suggest the direction of the big picture again. Something important enough that the big picture will be corrected is currently plotted on the chart. That is the downtrend line (1). As long as it does not fall below this downtrend line (1), the big picture written below will hold. Therefore, I think this decline should be interpreted as a time to start buying in the medium and long term. However, it is expected that the beginning will begin with BTC falling more than -10%. The goal is to create a trading strategy to buy for next year's bull market. If you misunderstand this and use all your money to buy, you will miss out on a good opportunity by selling midway through and not holding out until next year. Therefore, this trading strategy should be tailored to the medium and long term perspective. ------------------------------------------ (BTCKRW 1D chart) It is necessary to check whether there is movement out of 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. ** 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.) ---------------------------------
by readCrypto
1
Check if a buy-to-sell transition will take placeHello? 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 1D chart) It will be a question of whether the gap can continue to rise above 68.468B. (USDC 1D chart) If it falls below 39.675B-42.563B, the coin market is likely to enter a recession. (BTC.D 1D chart) In order for the uptrend to be prolonged, it needs resistance and a decline near 43.75. The uptrend is expected to continue until it declines around 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. (USDT.D 1D chart) A rise above 6.90-7.27 is expected to cause the coin market to plummet. As USDT and USDC move, there is a possibility that the area around 5.89-6.21 will be the peak of this uptrend. Therefore, it is necessary to ensure that funds are continuously flowing in USDT and USDC. --------------------------------------- ---------------------------- (BTCUSDTPERP 1D Chart) It is necessary to check whether the OBV indicator in the 'Vol & Trend' auxiliary indicator converts from buying to selling. Looking at the 'Strength' sub-indicator, 1. Uptrend: 1 2. Stationary: 2 3. Downtrend: 1 As shown above, it can be seen that the trend has switched from an uptrend to a sideways trend. Thus, it can be seen that the interval 22471.5-23390.0 has become important. The MS-Signal indicator is rising and is expected to cross over soon. At this point, you need to make sure you can keep the price above the MS-Signal indicator. Otherwise, if it falls below the MS-Signal indicator, there is a high possibility that it will lead to further decline, so we need to think about countermeasures. Currently, the altcoins continue to pump as BTC is holding the price above 22471.5. However, when the BTC price shows signs of declining, some altcoins may see an increase in the decline. This trend is expected to expand further once the BTC price falls below 22471.5. If a decline below 22471.5 does not show resistance, further upside is likely. 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 You need to make sure that it is supported in the vicinity of the 1st and 2nd above. Since the HA-High indicator is formed at the point 23104.6, it is expected that the movement will be determined depending on whether it is supported or resisted based on this point. However, looking at the 'Strength' sub-index, 1. Uptrend: 2 2. Stationary: 1 3. Downtrend: 1 So, it's showing a weak uptrend. Although we expect to close with a lower candlestick on the 1W chart, I think this week's move is more significant as the HA-High indicator is not showing signs of declining. In order to continue the mid- to long-term upward trend, the price must be maintained above the HA-High indicator, so there is a high possibility that there will be a movement that causes the HA-High indicator to fall. It is necessary to check what kind of investment period the person who publishes the analysis article wrote the article. Therefore, it is necessary to check the published chart's time frame (15m, 30m, 1h, 4h, 1D ...) and understand the chart according to that period. If you do not understand this properly and see the published content, there is a possibility that the analysis will be interpreted according to the investment period you think, so you may receive the analysis incorrectly. For example, posts analyzed below the 30m chart are likely analyzed for short-term movements. Therefore, I think it is not good to extend the interpretation to a long period with this analysis. I think checking the time frame of the analysis article and reading the explanation of the chart is the way to avoid this misunderstanding. (1h chart) Nothing has changed, so it is the same as before. As the M-Signal indicator on the 1D chart rises near 22471.5, new volatility is likely. Therefore, if you touch the M-Signal indicator on the 1D chart, it is expected that you will be able to enter the position in earnest according to the position entry method indicated on the chart. therefore, It is possible to enter the 'LONG' position when supported and rising at 'L2', 22975.1-23104.6. 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) It is necessary to check whether there is movement out of 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. ** 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.) ---------------------------------
by readCrypto
2
Cross-breeding of systems. BTC D for example.Experimental review. Hi. There is a lot of debate going on on bitcoin dominance right now and I thought I wanted to get the most out of this picture. I came up with the idea to take the weekly Renko chart for parsing and leave almost all my usual indicators except EMA (it is not needed here). And VFI LF is also unnecessary. So what do we observe, besides a clearly visible very strong support around 39.8%? We have a fresh green cube with a pin bar. 1. Funny, the Renko cube went exactly where the clouds change was last time! 2. Next, Renko's cube climbs Kijun-Sen line for the third time. Believe me, not for it to serve as resistance anymore. Only as support. All tests passed. Chikou span (light green lag line) is looking up. Also a good sign. 3. What about the exact same exit upwards? On the edge of the clouds? Hypothesis! But let's note. That perhaps BTC D is flying upwards to a certain "cloud exchange" point. That's around April 1. 4. Devil, but that looks like a bull flag on a stochastic. 5. SQZMOM is heading steadily to the bullish side I'd say a minimum of three weeks, a month max we need before the first green bar. As this is an experimental approach, there will be neither a "long" nor a "short" mark. Let's see together if this kind of reasoning works? Does reliability improve by combining Renko and Ichimoku? We'll review this chart in second half of the spring 2023. OK? Are you interested in this? Thank you for your attention!
CRYPTOCAP:BTC.D
by averkie_skila
9
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS. CHART ANALYSIS:-Bitcoin ( BTC ) Bitcoin (BTC) moved higher on Wednesday, following comments from Federal Reserve Chair Jerome Powell. Speaking yesterday, Powell stated, “The reality is we’re going to react to the data. So if we continue to get, for example, strong labor market reports or higher inflation reports, it may well be the case that we have to do more and raise rates more than is priced in.” BTC/USD rose to an intraday high of $23,367.96 earlier today, less than 24 hours after hitting a low of $22,781.95. Looking at the chart, the move pushed bitcoin to its strongest point in four days and came as the 14-day relative strength index (RSI) ran into a ceiling. The index rose to a ceiling at 65.00, however, momentum was not strong enough to break out of this point. As of writing, the index is tracking at 62.92, with BTC falling from earlier highs, and currently trading at $23,195.36. 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
BITSTAMP:BTCUSD
by CryptoSanders9563
1
The key is whether you can get out of the box area of about 9%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 1D chart) It will be a question of whether the gap can continue to rise above 68.468B. (USDC 1D chart) If it falls below 39.675B-42.563B, the coin market is likely to enter a recession. So, the question is whether it can rise above 44.07B-45.087B. (BTC.D 1D chart) In order for the uptrend to be prolonged, it needs resistance and a decline near 43.75. The uptrend is expected to continue until it declines around 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. (USDT.D 1D chart) A rise above 6.90-7.27 is expected to cause the coin market to plummet. As USDT and USDC move, there is a possibility that the area around 5.89-6.21 will be the peak of this uptrend. Therefore, it is necessary to ensure that funds are continuously flowing in USDT and USDC. --------------------------------------- ---------------------------- (BTCUSDTPERP 1D Chart) The key is whether movement outside the 22471.5-24294.1 section can come out. So, unless a decline below 22471.5 shows signs of resistance, further upside is likely. In particular, it is necessary to check whether it is supported or resisted in the vicinity of 23104.6. 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 You need to make sure that it is supported in the vicinity of the 1st and 2nd above. I think this week's move is even more significant as the HA-High indicator is not showing signs of declining. In order to continue the mid- to long-term upward trend, the price must be maintained above the HA-High indicator, so there is a high possibility that there will be a movement that causes the HA-High indicator to fall. (1h chart) The M-Signal on the 1D chart is rising, so we expect to touch it sooner or later. Therefore, the flow after touching the M-Signal of the 1D chart is important. Point 23104.6 is the point of the HA-High indicator on the 1D chart, so if it is supported at this point, it is likely to lead to further rise. Since the 5EMA line on the 1D chart is also located near the 23104.6 point, it is necessary to check whether it is supported or resisted. It is possible to enter the 'LONG' position when supported and rising at 'L2', 22975.1-23104.6. 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) It is necessary to check whether there is movement out of 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. ** 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.) ---------------------------------
by readCrypto
Chart analysis, foundation must be strong.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) If it rises above 68.468B, there is a possibility that the coin market will start a bull market. However, it is necessary to continue the upward trend with a gap. (USDC 1D chart) If it rises above 47.374B, there is a possibility that the coin market will start a bull market. If it falls below 39.675B-42.563B, there is a possibility that the coin market will enter a recession. (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 the 39.56-40.44 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 next volatility period is around February 13th. (USDT.D 1D chart) I need to make sure it stays below 6.90. A rise in USDT dominance means a fall in the coin market. --------------------------------------- ---------------------------------------- (BTCUSDT 1W chart) Funds are showing their way into the coin market through USDT. Conversely, funds are being withdrawn from the coin market through USDC. It can be seen that the amount of money leaving the coin market is greater than the amount of money entering the coin market. So, I think the current uptrend is constrained. With BTC's slowing movement, the pumping of altcoins has the potential to accelerate BTC's decline. For this reason, we need to see if we can keep prices above 20798.16-20862.47. The question is whether the HA-High indicator located at 59370.07 can show a decline due to this move. Since the price is maintained by rising above HA-Low and above MS-Signal, it can be seen that the mid- to long-term upward trend has shifted. Therefore, in order to continue the mid- to long-term upward trend, it is important to make the HA-High indicator fall because it must show that the price is maintained by rising above the HA-High. These movements are likely to form a pull back area. Therefore, it is possible that the current decline is a move to form a pull back zone. The low point of the pull back section is 1st: 20798.16-20862.47 2nd: Near HA-Low I think it is highly likely to be formed near the 1st and 2nd order above. (1D chart) While studying charts, you will learn about numerous patterns. One of them, the cup pattern, is starting to show up. Patterns can only be known when they are completed, so you need to be careful because making predictions in the process of creating patterns creates preconceived notions in the analysis. So, that's why I don't tell you in patterns if possible. All the analysis techniques, analysis tools, patterns, etc. that you learned while studying charts are important materials for understanding charts. However, once you understand the chart, you should forget about all these things. That way, you can see and understand the chart according to your own thoughts. If you analyze a chart with all the analysis techniques, analysis tools, patterns, etc., you will unknowingly try to fit the chart into the framework of the analysis techniques, analysis tools, patterns, etc. rather than understanding the flow of the chart. For this reason, it can cause the analysis to go in the wrong direction. Looking at the current chart, it is possible to create a cup pattern based around A and B. Since it needs to rise higher than the highs near A to form a pattern around A, it is likely to form a cup pattern around B for now. I think the important thing in the cup pattern is the handle, not the cup. Therefore, it is important to see where the handle will be made. The square box shown on the chart, i.e. 1st: 21023.14-21853.06 2nd : 19176.93-20591.13 I think there is a high possibility of forming a handle near the 1st and 2nd order above. As mentioned above, predicting patterns is not good. So, depending on how well you pick your support and resistance points, you'll likely gain the power to predict the course of the chart before these patterns form. Difficult analytical techniques have their own analytical skills. Therefore, it is important to study and become familiar with difficult analysis techniques. However, if you do not properly select the support and resistance points, which are the basics of the basics of the chart, you will end up doing the wrong analysis no matter how well you know good analysis techniques. The basis of chart study is to read the flow of the chart, but there must be support and resistance points in order to trade with the flow. Therefore, in order to properly grasp the flow of the chart, it is necessary to study properly to draw support and resistance points. ------------------------------------------ (BTCKRW 1D chart) It is necessary to check whether there is movement out of 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. ** 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.) ---------------------------------
by readCrypto
2
First down candlestick in 5 weeks, importance of 22.4KHello? 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 1D chart) It will be a question of whether the gap can continue to rise above 68.468B. (USDC 1D chart) If it falls below 39.675B-42.563B, the coin market is likely to enter a recession. (BTC.D 1D chart) In order for the uptrend to be prolonged, it needs resistance and a decline near 43.75. The uptrend is expected to continue until it declines around 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. (USDT.D 1D chart) A rise above 6.90-7.27 is expected to cause the coin market to plummet. As USDT and USDC move, there is a possibility that the area around 5.89-6.21 will be the peak of this uptrend. Therefore, it is necessary to ensure that funds are continuously flowing in USDT and USDC. --------------------------------------- ---------------------------- (BTCUSDTPERP 1D Chart) The key is whether movement outside the 22471.5-24294.1 section can come out. So, unless a decline below 22471.5 shows signs of resistance, further upside is likely. Based on point 22471.5, 1. Ascending, 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 You need to make sure that it is supported in the vicinity of the 1st and 2nd above. Since the HA-High indicator is formed at the point 23104.6, it is expected that the movement will be determined depending on whether it is supported or resisted based on this point. However, looking at the 'Strength' sub-index, 1. Uptrend: 2 2. Stationary: 1 3. Downtrend: 1 So, it's showing a weak uptrend. We expect to close with a lower candlestick on the 1W chart, but I think this week's move is more significant as the HA-High indicator is not showing signs of declining. In order to continue the mid- to long-term upward trend, the price must be maintained above the HA-High indicator, so there is a high possibility that there will be a movement that causes the HA-High indicator to fall. (1h chart) As the M-Signal indicator on the 1D chart rises near 22471.5, new volatility is likely. Therefore, if you touch the M-Signal indicator on the 1D chart, it is expected that you will be able to enter the position in earnest according to the position entry method indicated on the chart. therefore, It is possible to enter the 'LONG' position when supported and rising at 'L2', 22975.1-23104.6. 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) It is necessary to check whether there is movement outside 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. ** 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.) ---------------------------------
by readCrypto
Finale at the high point, ATL pumping???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) 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. If it falls below 39.675B-42.563B, there is a possibility that the coin market will enter a recession. (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 the 39.56-40.44 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 next volatility period is around February 13th. (USDT.D 1D chart) I need to make sure it stays below 6.90. A rise in USDT dominance means a fall in the coin market. --------------------------------------- ---------------------------------------- (BTCUSDT 1W chart) USDT gapped higher, rising above 68B. If the gap continues to rise, the coin market is expected to show an upward trend. However, in order for the rise to lead to a rise in BTC, BTC dominance must rise. If not, it is likely to end up with altcoin circulatory pumping. With the current BTC price rising above 23K, we can see that the rise in BTC dominance has turned into a decline. Therefore, when BTC dominance falls below 43.75, it is expected that the altcoin bull market will begin. If funds are too concentrated towards altcoins, it can cause the BTC price to become more volatile. Therefore, we expect BTC to move away from the 22.4K-24.2K zone. 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. If it fails to create a bearish candlestick and rises, you need to check if it drops near the M-Signal on the 1M chart. (1D chart) The market always moves beyond expectations. It is showing a sideways movement by rising around 24K, which was expected to be the high point of this uptrend. As a result, the market is showing signs of changing again. However, what I said before has not changed. What I said before - The section most likely to be the high point of this uptrend is the 24K section. - If it rises above 24K, it is expected to touch the M-Signal on the 1M chart and start to decline. We need to see if we can break the previous statements above and continue the uptrend. Therefore, the altcoin bull market that is about to start (exactly, it is an altcoin pumping, not a bull market) can show a finale at the peak. Therefore, it is necessary to set up and respond to S/L points. Looking at the 'Strength' sub-indicator, - Entering the overbought section: 2 - Near the overbought section: 1 -Near oversold zone: 1 Accordingly, it can be seen that the rising intensity is strong. It will be important if BTC can keep the price above the HA-High i.e. above 22.9K. ------------------------------------------ (BTCKRW 1D chart) It is necessary to check whether there is movement out of 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. ** 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.) ---------------------------------
by readCrypto
Bitcoin Dominance Explained. When to buy Alts? BTC domination: how to use it? And when to buy Altcoins? Today we will talk about Bitcoin Dominance. What is bitcoin dominance? Why is needed? And why exactly Bitcoin? Bitcoin is the first and the largest cryptocurrency by market capitalization. Altcoin is any cryptocurrency other than Bitcoin. Dominance (BTC.D) displays the relationship between the direction of movement of different cryptocurrencies. To find this index you just need open TradingView and type BTC.D There are quite a lot of indexes known to you in the world, the most famous of them are: Dow Jones Industrial Average S&P 500 RTS Bitcoin dominance is the ratio of its market capitalization to all other cryptocurrencies. However, we cannot trade this index. Pure math: if the capital invested in bitcoin decreases, then part of the funds goes into altcoins. BTC.D gives an understanding of the general direction of the market at the moment and helps to determine when alt pairs are correlated with the first cryptocurrency. However, the dominance of Bitcoin is declining as new cryptocurrencies emerge. Why? Because the capitalization of the alts is increasing much faster than the capitalization of bitcoin. Bitcoin dominance often depends on the altcoin season Altseason is a period during which altcoins gain a significant market share relative to Bitcoin, thus reducing the dominance of Bitcoin. Note, however, that Bitcoin dominance does not always depend on the phase of the market. What does it mean? This means that if bitcoin falls in price, and with it the alts, then the dominance of bitcoin will remain approximately at the same level. I prepared this cheat list by which you can determine the further movement of alts, depending on the Dominance of Bitcoin You can always use it! Bitcoin dominance also can be used even on lower timeframes but it’s not a magic pill and you should understand some alts follow more btc some less. Thats why you can see situations when bitcoin going down and some alts with low cap can pump 100% in a few days. Bitcoin dominance is just a tool that can give us more information about the state of the current market, and its possible future. On the Bitcoin Dominance chart, technical analysis works well, its help you to try predict the movement of the Bitcoin price relative to other alts. Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. --- • Look at my ideas about interesting altcoins in the related section down below ↓ • For more ideas please hit "Like" and "Follow"!
BITSTAMP:BTCUSDEducation
by Crypto4light
3
Need to see if it can get out of 22.4K-24.2KHello? 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) If it falls below 39.675B-42.563B, the coin market is likely to enter a recession. (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 near 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. As USDT and USDC move, there is a possibility that the area around 5.89-6.21 will be the peak of this uptrend. Therefore, it is necessary to ensure that funds are continuously flowing in USDT and USDC. --------------------------------------- ---------------------------- (BTCUSDTPERP 1D Chart) when it rises, 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. 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. If funds continue to flow in through USDT and USDC, I think there is a possibility that it will rise above 26K. However, since funds are showing an outflow through USDC, I think it is highly likely to limit the current uptrend. In addition, since USDC is located in the risk zone of 39.675B-42.563B, if it does not break out by rapidly rising in the gap, I think it will eventually lead to a decline. Since the HA-Low indicator on the 1M chart was formed at the 20984.7 point, from a long-term perspective, the area around 20984.7 is a buying point. However, since it is not yet ready to continue its mid- to long-term upward trend, I think it is highly likely to shake up and down around 20984.7. When the shaking comes out like this, I think the important section is 16.4K-17.9K. If it falls below this range, it will end up giving up all this uptrend. There is a possibility that it will touch around 15K after March as time passes, but then it is time to buy aggressively. The market always moves beyond our expectations. Therefore, I think it is more important to see whether it is supported or resisted at an important point or area in the current price position, rather than predicting the highest point and the lowest point. Therefore, the important points in the current price position are 22.4K and 24.2K. (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. It is expected to rise and touch the 5EMA on the 1D chart. Therefore, volatility is likely to occur. The information on entering previous positions below remains unchanged. 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) You should see support 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. ** 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.) ---------------------------------
by readCrypto
BTC.DDominance of Bitcoin, which shows the dominance of Bitcoin on the market, according to the previous analysis, according to the positive economic data, it has reached the desired resistance without any weakness, and as shown in the graph, it has grown as much as the previous log and beyond, according to the log A significant rise that has a scenario of falling in place in these areas and continuing the upward movement is more valid, but in case of correction, it can have a weak correction up to the 42% range and the continuation of the upward movement, which indicates the re-dynamism of the market and a signal. To begin with, it can be considered the main bolran.
CRYPTOCAP:BTC.D
by MrHunterTradeInsight
Pre-drawn lines: Gives you the power to win in psychological warHello? 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. If it falls below 39.675B-42.563B, there is a possibility that the coin market will enter a recession. (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 the 39.56-40.44 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 next volatility period is around February 13th. (USDT.D 1D chart) I need to make sure it stays 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. In that sense, we need a falling candlestick where the RSI breaks out of the overbought zone. If it fails to create a bearish candlestick and rises, you need to check if it drops near the M-Signal on the 1M chart. (1D chart) I think the reason why it did not fall below 22487.41 was shown by this rise. Now, the question is whether the price can hold up above 23949.03 and enter 24K. The A section the finger is pointing at is the first peak formed after the decline. Therefore, whether or not it can rise above this high is a psychological factor. Therefore, the closer you get to the high point, the stronger the resistance, and the closer you get to the bottom, the stronger the support. However, when trading in the investment market, that is, the stock market or coin market, the closer you get to the high point, the more good news comes out, and the closer you get to the low point, the more bad news comes out. Because of these news, individual investors are more likely to be psychologically affected and trade the opposite. Therefore, as we get closer to the high point, we gradually change from thinking that it will lead to a sharp rise from falling. In order to escape from these psychological elements, we draw support and resistance points and judge the situation by seeing whether we are supported or resisted at that point. These support and resistance points must be pre-drawn before the price rises to them. Otherwise, it may become a meaningless point because there is a possibility that it will be constructed by the operation of one's own psychological factors. The psychological effects of conducting a transaction cannot be completely disabled. However, we are only making preparations to escape from such psychological influences even a little. The reason I said that the area around 23949.03 would be the high point of this rise is also because it is a support and resistance point formed near the high point where these psychological factors work. A break below the 22487.41-22984.64 (HA-High) or a break below the MS-Signal is expected to initiate a new move. A new move is expected to continue the mid- to long-term uptrend or serve as an opportunity to reverse the trend in the long term. In a move like this, we expect to suffer once again. Therefore, it is necessary to adjust the investment proportion of the altcoins you hold. The uptrend could continue and rise above 29K. However, when that happens, I wonder if the price of altcoins can rise together. The reason is that more funds are not seen coming into the coin market. Therefore, a rise in the price of BTC is likely to result in a trade conversion of selling altcoins and buying BTC as a lot of funds are consumed. Since this is currently being captured, be careful when trading. ------------------------------------------ - 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.) ---------------------------------
by readCrypto
4
Weekly Double-Top Target not yet ReachedThis is an alternative idea to heading up from here, based on a long-term target from April 2021. Around early to mid-April of 2021, Bitcoin Dominance confirmed a double top. Following that we hit and surpassed the measured 1x target (TP 1 on the chart above), and have since consolidated around it. However, we have yet to hit TP 2, or the measured 1.5x target - and... in crypto, we often see 2x measured targets reached when dealing with strong patterns like these. Now, while we very well could see a 3rd swing high, or it could even just turn up from here and go back towards where it broke down in April, as many are indicating: - I think it is still possible we see it turn down from right around here at TP 1 (or even from a 3rd swing high around 48-52%) and head down to TP 2 @ 38% or even down to 32%.
CRYPTOCAP:BTC.DShort
by dudebruhwhoa
Restriction on rise??? So how far???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) 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.) ---------------------------------
by readCrypto
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.
by MonoCoinSignal
20
Not breaking 22487.41 means...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. 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.) ---------------------------------
by readCrypto
2