USDC-D
Need to check in which direction it deviates based on 66.4K-69KHello traders!
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-------------------------------------
(BTCUSDT 1M chart)
Since the 67K-69K section is located as shown in the picture, I believe it corresponds to the psychological resistance section.
Therefore, if support is reached around 67K-69K, it is expected to lead to a further rise.
If not, and it falls, you should check for support around 56K-61K.
The HA RSI indicator is an indicator created based on the closing price of Heikin Ashi.
Therefore, when the price falls, the HA RSI indicator may fall from the overbought range and a new HA-HIgh indicator may be created.
If a new HA-High indicator is created, the important thing is whether it can be supported around it.
(1W chart)
The key is whether the price can be maintained by rising above 69K.
If that happens, it is expected to rise to the next target of 1.618 (88913.24).
(1D chart)
In order to continue the upward trend, it must eventually rise above 70231.38.
Accordingly, the key is whether it can receive support and rise around 69K-70.2K.
Because the MS-Signal indicator was touching and rising, the area around 66.4K was the first buying period.
The second buying time is when it shows support around 70.2K, as mentioned above.
It was expected that we would be able to find out what direction the trend would take from March 16th to 18th.
Accordingly, you need to check in which direction it deviates based on the 66.4K-69K section.
The next period of volatility is around March 31st.
Therefore, it is expected that the trend created will accelerate or a major reversal will occur around March 17th.
-------------------------------------------------- --------------
I think it is risky to forecast the coin market trend only through BTC charts.
Therefore, I think we should also know the movement of coin market funds.
As an individual trader, it is quite difficult to know the financial situation of the coin market.
I think you can refer to the USDT and USDC charts to understand the trend of funds, even if it is limited.
(USDT chart)
(USDC chart)
Funds flow into or out of the coin market through USDT or USDC.
This is because in order to trade in the coin market, you need funds to form a trading pair.
I think most trading is taking place in the USDT market.
Therefore, it can be said that USDT's movement has a great influence on the coin market.
If you interpret the USDT chart or USDC chart considering this situation,
- The occurrence of a gap can be seen as the basis for funds flowing into or out of the coin market.
- Candlesticks on the USDT chart or USDC chart can be seen as expressing increases and decreases due to trading.
Therefore, if USDT does not show a downward trend in the gap, it is highly likely that the coin market will maintain an upward trend due to the funds flowing into the coin market.
(USDT.D chart)
In that sense, I think the movement of USDT dominance is a chart that shows the funding trend in the actual coin market.
As long as USDT dominance does not rise above 4.97, I think the coin market is likely to remain bullish.
Therefore, if USDT dominance rises above 4.97 and USDT begins to show a downward trend, I think it is highly likely that the coin market is in a downward trend.
If you think you have found such an important point or section, you need a trading strategy that matches the current trend until you break away from that point or section.
(BTC.D chart)
I think this bull market is centered around BTC or ETH.
Accordingly, I believe that most altcoins are not showing a significant increase.
Although, I believe that BTC dominance is currently maintained at the current level due to the rise of several coins (tokens).
If BTC dominance does not fall below 50, there is a high possibility that there will be a large decline due to the decline of BTC, so caution is required when trading.
-----------------------------------
In summary, the decline in BTC provides a buying opportunity until USDT switches to a gap decline.
Have a good time.
thank you
--------------------------------------------------
- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are points that are likely to encounter resistance in the future.
We need to see if we can break through these points upward.
Since it is thought that a new trend can be created in the overshooting area, you should check the movement when this area is touched.
If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern.
1st: 43833.05
2nd: 32992.55
-----------------
Movement needs to be confirmed by around March 17thHello traders!
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-------------------------------------
The overall picture is as follows.
(BTCUSD 1M chart)
Looking at the TradingView INDEX chart, it appears that the new high (ATH) has been updated.
To date, the StochRSI indicator on the 1M chart has been maintained at the highest point of the overbought zone for up to 2 months.
Accordingly, the key question is whether the StochRSI indicator can maintain its peak in April.
If not, I'll have to prepare for a decline.
(BTCUSDT 1M chart)
If the decline begins, the key is whether support can be found around 59053.55 (56090.42-61202.17).
If it falls below this range, it is expected to fall to around 42K-47K (44200-47600).
If there is support near 69000, the next target is expected to be around 1.618 (88913.24).
---------------------------
The reason why there are expectations that BTC will rise again even if it falls is because USDT and USDC continue to maintain a rising gap.
This is because we believe that the fact that USDT or USDC shows a rising gap is evidence that funds are flowing into the coin market.
I believe that the increase in USDT or USDC through transactions is expressed through candles.
(USDT chart)
(USDC chart)
Therefore, I think that for the coin market to show a downward trend, USDT must show a gap decline.
Therefore, I believe that the decline of BTC in these fund flows will actually increase buying power.
(BTC.D 1M chart)
In order for the altcoin trend to begin, I believe BTC dominance must fall below 50 and remain there.
However, if possible, I think BTC dominance should rise in the 55.01-62.47 range or higher and then decline.
Otherwise, if BTC shows signs of falling at a critical point, the fall in altcoins is expected to be large.
Accordingly, when trading altcoins, it is necessary to recover the purchase price as quickly as possible from a day trading perspective.
(USDT.D 1M chart)
As USDT dominance falls below 4.97, the coin market is expected to enter a bull market.
Accordingly, if USDT Dominus rises above 4.97, the coin market is expected to see a significant decline.
In order for this downtrend to become a full-fledged downtrend, USDT must show a gap decline.
-------------------------------------------------- -------
(BTCUSDT 1W chart)
As BTC renews its new all-time high (ATH), I think the likelihood of increased selling is increasing.
Accordingly, it is important to determine where the key support and resistance points are within the current price position.
Currently, the 66401.82-69000 area is considered to be an important support and resistance area.
To confirm this, you can check the movement of altcoins when BTC falls to the 66401.82-69000 range.
The StochRSI indicator is expected to touch the top of the overbought zone.
Accordingly, the 66401.82-69000 section is expected to be an important section.
(1D chart)
If the new high (ATH) is renewed and the upward trend is maintained, there is no way to know what will happen in the future.
Accordingly, a predictable picture is drawn using the chart tool.
A representative charting tool is the Fibonacci ratio.
The 1.27 (73308.95) and 1.414 (79765.89) points indicated by the Trend-Based Fib Extension tool are likely to serve as resistance zones.
However, since the ratio that has an important meaning in the Fibonacci ratio is 0.618, it is believed that if the price surges, it is highly likely to touch around 1.618 (88913.24).
To maintain this upward trend, we need to see if we can find support near the previous high point of 69000 and rise further.
This volatility period lasts until March 11th.
Therefore, the key is whether the price can be maintained above 66401.82.
The next period of volatility is around March 31st.
However, it is necessary to check the movement around March 17 (March 16-18).
This is because there is a possibility that a trend will slowly form around March 17th (March 16th-18th).
As of now, the short-term downtrend turning point is 1 (61202.17).
Accordingly, it is important whether there is support or resistance around 56150.01-61202.17.
----------------------------------------
The gist of the above is
- If USDT maintains its gap upward trend, it is expected to eventually maintain its upward trend even if BTC falls.
- In order to see a major uptrend in altcoins, BTC dominance must fall below 50.
However, it is thought that it is highly likely that the altcoin bull market will be maintained only if BTC dominance rises in the 55.01-65.47 range or higher and then falls.
If not, you need to be careful when trading as altcoins are likely to see a large decline when BTC appears to be falling at a critical point.
- If BTC falls below 61202.17, it is highly likely to turn into a short-term downtrend.
Accordingly, it is important whether support or resistance is received around 56150.01-61202.17.
Have a good time.
thank you
--------------------------------------------------
- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are points that are likely to encounter resistance in the future.
We need to see if we can break through these points upward.
Since it is thought that a new trend can be created in the overshooting area, you should check the movement when this area is touched.
If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern.
1st: 43833.05
2nd: 32992.55
-----------------
Everyone is panicking!!! #USDC depegs! I accumulate :)#BTCUSD the down channel is self explanatory. Breakout and retest.
I'm thinking about 2025 and acting like a smart player.
During despair it's tooo easy to click the sell button along with the crowd.
Like it is too easy believe the paradigm and buy near the tops.
The USDC peg will be restored. Circles losses are actually quite small, and their treasury holdings generate a large yield.
Jim Cramer has been telling to sell for 9 months so u know it's the best time to accumulate :)
USDT : Breaking away from the downtrend by increasing the gapHello traders!
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-------------------------------------
(USDT chart)
(1D chart)
It appears that the gap decline that started on January 19th has stopped and a larger gap rise has occurred.
Due to this gap increase, the reported price (ATH) was renewed again.
-------------------------------------
(USDC chart)
It is still on the rise.
The key is whether USDC can continue its gap upward trend above 26.525B.
I believe that the gap between USDT and USDC shows the inflow and outflow of funds into the coin market.
Therefore, the gap rise can be interpreted as funds flowing into the coin market.
Since the movements of USDT or USDC through transactions are expressed as candles, I think the occurrence of gaps should be distinguished.
---------------------------------------
(BTC.D chart)
You need to check in which direction it deviates from the 51.17-51.98 section.
----------------------------------------
(USDT.D chart)
(1D chart)
USDT dominance is entering a period of volatility from January 22-27.
Accordingly, after the volatility period has passed, you need to check which direction it deviates based on the 5.89-6.39 range.
When a gap rises in USDT, a gap rise in USDT dominance also occurs.
Accordingly, USDT or USDT dominance is likely to show an upward trend.
However, USDT dominance can be seen decreasing through trading.
A decline in USDT dominance means that buying power has increased through many transactions in the USDT market.
Therefore, if USDT dominance falls, the coin market is likely to show an upward trend.
Even though USDT is renewing its new high (ATH), USDT dominance overall is showing a downward trend.
In order for this downward trend to turn into an upward trend, it is expected that it will have to rise above 7.14.
The most important question is whether the coin market becomes more active and more transactions occur, leading to a continued downward trend in USDT dominance.
Have a good time.
thank you
--------------------------------------------------
- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are points that are likely to encounter resistance in the future.
We need to see if we can break through these points upward.
Since it is thought that a new trend can be created in the overshooting area, you should check the movement when this area is touched.
If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern.
1st: 43833.05
2nd: 32992.55
-------------------------------------------------- -------------------------------------------
** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
Comprehensive analysis : short-term decline in fundsHello traders!
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-------------------------------------
(USDT chart)
(1D chart)
The most recent decline was on August 8, 2023.
Before that, a precursor to a downward trend occurred starting on June 18th.
Currently, the gap has begun to decline since January 19th and has fallen below the HA-High indicator.
If the gap decreases due to this movement and falls below the MS-Signal indicator, it is expected to record a downward trend for a while.
(1M charts)
However, this decline is likely to be a short-term adjustment of about a month, such as in August 2023.
In order to record the downward trend that started in May 2022, large gap declines must occur in succession, so we still need to monitor the situation.
Therefore, I don't think there is any need to have much fear just yet.
---------------------------------------
(USDC chart)
While USDT has begun to gap down, USDC continues to gap up.
If the gap continues to rise above 26.525B, it is expected that USDC will likely continue its upward trend.
I believe that this gap increase is evidence that funds are flowing into the coin market.
Therefore, it is expected that a new market will begin to change hands.
This is because USDC is viewed as a leading funding channel for American investment institutions and investors.
-------------------------------------
(BTCUSDT chart)
(1W chart)
The main question from this week will be whether there is support or resistance near the HA-High indicator on the 1W chart.
The HA-High indicator on the 1W chart was created at 42141.24.
Therefore, if the price is maintained above the 42141.24-43823.59 range, you can be considered to be at the starting line of the major upward trend.
Therefore, it corresponds to a major bull market, that is, a buying period for a full-fledged uptrend.
It is the movement of altcoins that allows us to piecemeal know whether these movements are correct.
All you have to do is check whether the altcoins show signs of rising in unison when they rise above the 42141.24-43823.59 range.
(BTC.D chart)
As mentioned in the USDT explanation above, this decline is expected to last about a month in the short term, so we need to check whether the BTC dominance rises by more than 61% or falls below 50%.
In order for a major bull market to begin, it is expected that BTC dominance must rise by more than 61% and then begin to decline.
This is because it is expected that an altcoin bull market will begin when BTC dominance falls below 50%.
Therefore, if the BTC price maintains the price above the 42141.24-43823.59 range and the BTC dominance rises by more than 61% and then begins to fall, the coin market is expected to begin a major bull market.
A major bull market refers to a bull market in which most coins (tokens) are likely to renew their all-time highs (ATH).
An altcoin bull market refers to a bull market in which you can make a profit no matter which altcoin you buy.
--------------------------------------
It is said that price and volume are important when trading in the stock market, and in fact they are important.
However, trading volume in the coin market has less meaning than in the stock market.
This is because trading volume is spread across multiple exchanges.
Therefore, I believe that transaction volume in the coin market should be judged by the flow of funds.
Therefore, I believe that the gap between USDT and USDC has important implications.
Changes in USDT or USDC due to transactions are expressed as candles.
Therefore, the inflow and outflow of funds is expressed as the occurrence of a gap.
Have a good time.
thank you
--------------------------------------------------
- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are points that are likely to encounter resistance in the future.
We need to see if we can break through these points upward.
Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched.
If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern.
1st: 43833.05
2nd: 32992.55
-------------------------------------------------- -------------------------------------------
** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
Charts believed to influence the coin marketHello traders!
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Please also click “Boost”.
Have a good day.
-------------------------------------
(IXIC chart)
Among the charts that are considered to have an impact on the coin market, the most referenced chart is the NASDAQ index chart.
(NAS100USD chart)
However, since the coin market operates 24 hours a day, you usually see the NAS100USD chart, or futures chart, rather than the IXIC chart.
Since NAS100USD has just renewed its new high (ATH), it is not easy to predict its future movements.
(1M charts)
Accordingly, future movements should be predicted through the Fibonacci retracement ratio.
If you think it has an impact on the coin market, the NASDAQ index chart must maintain an upward trend in order to maintain the upward trend of the coin market anyway.
--------------------------------------------
(DXY chart)
Among the charts that are believed to have an impact on the coin market, there is also the DXY chart.
If DXY maintains an upward trend, it can be interpreted that the investment market is slowly slowing down and is likely to enter a recession.
Accordingly, if it rises above 105.873, it is highly likely that the investment market will enter a recession.
I think it should be maintained below 102.089 for the investment market to become active.
Therefore, if DXY rises, it can be interpreted that the coin market is likely to decline.
Conversely, if DXY falls, it can be interpreted that the coin market is likely to show an upward trend.
----------------------------------------------
(XAUUSD chart)
I think there are many people who see the XAUUSD chart as having an impact on the coin market.
If XAUUSD maintains an upward trend, it can be interpreted that there is a high possibility that the coin market will also maintain an upward trend.
Conversely, if XAUUSD shows a downward trend, it can be interpreted that there is a high possibility that the coin market will also show a downward trend.
(1M charts)
Since XAUUSD is also updating the new high (ATH), it is necessary to make predictions using the Fibonacci ratio.
------------------------------------------------
I don't think it's a good idea to predict the trend of BTC through the charts above, but it's better to check them only as a reference because they are likely to have an impact if many people refer to them.
In order to know BTC price changes, that is, trends in the coin market, you must ultimately understand the flow of funds.
This is because it is highly likely that the trend will ultimately be determined by whether funds are flowing into or out of the coin market.
Therefore, the charts that should be considered more important than the charts above (IXIC, NAS100USD, DXY, XAUUSD) are the USDT and USDC charts.
Stablecoins such as USDT and USDC will play the main role in moving funds.
Among them, USDT can be seen as having a great influence on the coin market because it has the largest number of trading pairs supported by exchanges around the world.
Therefore, it can be interpreted that if USDT continues to maintain its upward gap, the coin market is likely to show an upward trend.
When you trade in the coin market, a candle is created on the USDT or USDC chart.
I believe that when funds flow into or out of the coin market, a gap occurs.
It's a good idea to understand these points and look at the charts.
No matter what you refer to, the trend will ultimately be determined by whether you receive support or resistance at the support and resistance points on the chart of the item, coin, or token you are trading.
Therefore, before looking at the charts above, you must have marked support and resistance points on the 1M, 1W, and 1D charts of the chart you wish to trade.
Since we are traders, not analysts, we only need to create a trading strategy and trade using the support and resistance obtained through chart analysis.
Anything more than that will only end up influencing your subjective thoughts and creating trading strategies in the wrong direction.
Have a good time.
thank you
--------------------------------------------------
- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are points that are likely to encounter resistance in the future.
We need to see if we can break through these points upward.
Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched.
If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern.
1st: 43833.05
2nd: 32992.55
-------------------------------------------------- -------------------------------------------
** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
Dollar Dominance Dilemma: Bull Run VS Hell RunHello Fellow Traders! 🚀💹
🌐 Dollar Dominance Chart Analysis 📈💵
This chart holds significant implications for the dollar's dominance and the broader market.
📌 Pattern Recognition: Flag Channel 🚩
We're currently observing a crucial pattern known as the flag channel. Typically, this pattern is bullish (confirmed upon breaking out from above).
💡 Key Insight: Channel Position
Presently, we find ourselves at the channel's bottom. For the ongoing mini Bullrun to thrive and expand, a breakout below this channel is essential, validated by a weekly close with at least 2 candles.
🚨 Warning Signal: Breakout Above
Conversely, if the trend reverses and breaks out from above, brace yourself for market turmoil. This chart's dynamics are inversely correlated to BTC and the overall market.
📉 Dollar Up = BTC Down
📈 Dollar Down = BTC Up
Got it? Simple, right?
🔍 Consider this chart as your compass for predicting the next market move. Best of luck on your trades! 🌟💰
Feel free to share your thoughts and happy trading! 🌐📊💼
Disclaimer: This article is for informational purposes only and not financial advice. Conduct thorough research and consult with professionals before making investment decisions.
Good luck.
USDT Chart: Maintaining a continuous upward trendHello traders!
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Please also click “Boost”.
Have a good day.
-------------------------------------
(USDT chart)
USDT is a representative fund transfer channel in the coin market.
USDT maintaining its upward trend means that funds are continuously flowing into the coin market.
At this time, it should appear to be rising while creating a gap.
--------------------------------------------
(USDC chart)
The key is whether the downward trend that began in July 2022 can be stopped and turned into an upward trend.
To do so, it is important whether it can rise above 26.525B.
We believe that USDC has less influence on the coin market because there are fewer exchanges or trading pairs supported than the USDT market.
----------------------------------------------
(BTC.D chart)
In order for the coin market to begin a major bull market, I believe that BTC dominance must rise above 61 and then begin to decline.
BTC dominance fails to fall below 51.17 and shows an upward trend.
A rise in BTC dominance means that funds are being concentrated towards BTC.
Therefore, altcoins are likely to exhibit greater volatility than BTC.
I don't think it's a good idea to predict the rise and fall of BTC or altcoins based on the rise and fall of BTC dominance or USDT dominance.
This is because I think it is a chart that shows how the money flow in the coin market is moving.
------------------------------------------------
(USDT.D chart)
If USDT dominance remains below 5.89, I think the coin market is likely to show an upward trend.
Accordingly, it is expected that an altcoin bull market will begin when USDT dominance remains below 5.89 and BTC dominance falls below 50.
An altcoin bull market refers to a bull market in which anyone can make a profit no matter what coin (token) they purchase.
Currently, BTC dominance is showing an upward trend, but USDT dominance is still below 5.89.
Therefore, it can be interpreted that the coin market is still maintaining an upward trend.
If USDT dominance rises above 6.39, the coin market is likely to turn into a downward trend, so caution is required when trading.
-------------------------------------------------- -
BTC's price volatility is bound to have a significant impact on the coin market.
However, it is the funds that make the volatility visible.
Therefore, I believe that if you do not know how money flows, you cannot truly know the BTC price trend.
In that sense, I think individual investors should observe the USDT, USDC, BTC.D, and USDT.D charts, which can provide some insight into the fund flow in the coin market.
You can tell whether funds are flowing into or out of the coin market depending on whether they are rising or falling by creating a gap on the USDT or USDC chart.
The BTC.D chart allows you to see whether the funds flowing into the coin market are concentrated towards BTC or altcoins.
A decline in USDT dominance means that coins are being purchased with USDT, so the coin market is likely to show an upward trend.
However, USDT dominance can only reveal the overall trend of the coin market and should not be used to predict the rise or fall of BTC's price.
Have a good time.
thank you
--------------------------------------------------
- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are points that are likely to encounter resistance in the future.
We need to see if we can break through these points upward.
Since it is thought that a new trend can be created in the overshooting area, you should check the movement when this area is touched.
If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern.
1st: 43833.05
2nd: 32992.55
-------------------------------------------------- -------------------------------------------
** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
Volatility Period: Around December 18-25Hello traders!
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
-------------------------------------
(BTCUSDT chart)
(1W chart)
This period of volatility is expected to be between December 18th and 25th.
At this time, the key is whether it can rise above 45135.66.
If not, you should check whether a new HA-High indicator is created as it falls around 37253.81-38531.90.
(1D chart)
What you need to look at during this volatility period is whether it falls below the 39845.44-42053.66 range or rises above the 43823.59-45135.66 range.
Even if there is no major change in BTC's movement, what is important for now is whether BTC dominance can stop sideways and form a trend.
(BTC.D chart)
Currently, BTC dominance is located around 53.
Accordingly, I think the key is whether it falls below 50 or rises above 54.
This is because I believe that in order to create an altcoin bull market, BTC dominance must fall below 50 and USDT dominance must remain below 5.89.
(USDT chart)
I believe that funds are continuously flowing in through USDT.
(USDC chart)
In addition, USDC is also showing sideways movements, forming a box section.
I believe that this funding situation is sufficient grounds for volatility in the coin market.
In order to form a trend in the coin market, it usually begins with significant volatility.
Therefore, if significant volatility occurs during this period of volatility, a trend is expected to occur in either direction.
However, in order for the price to turn into a downward trend, it must fall below 39845.44 and show resistance.
If it shows support in the 37253.81-38531.90 range, it is expected that it will not be easy to turn into a downward trend as there is a possibility of creating a pull back pattern.
--------------------------------------------------
- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
-------------------------------------------------- -------------------------------------------
** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
Are we going higher than 32K in 2023 on BTC?This chart represents a correlation of BTC price and USDC + USDT market cap divided by total crypto market cap.
As we can see, as soon as we are touching any channel borders on a stablecoin chart, we are starting to reverse to another side on Bitcoin chart.
Right now, we are exactly in that situation and my bet is that in 2023 we experienced a smaller distribution phase in a larger, global accumulation phase.
If we would think about that from an institutional perspective, this is a perfect way to make our general entry price lower by selling part of our crypto assets now in hope of buying more at the lower prices.
P.S...
Overall market conditions is the story for another post, but in my opinion we don't have enough power to grow risk assets and lead them into new bull market. Instead, it would be much more logical to get a better position by seeding hope of ETF's and big institutional buys, when in reality these buys already partially happened and now they are about to fix some profits on them already.
Trade safely, peace out!
Significance around 43823.59Hello traders!
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-------------------------------------
(USDT chart)
It has risen above the high point on November 8th.
I think this is evidence that a lot of money is flowing into the coin market.
(USDC chart)
It looks like it's about to turn, but it doesn't look like it's about to rise yet.
(BTC.D chart)
Among the conditions for an altcoin bull market to begin is whether BTC dominance can be maintained by falling below 50.
Therefore, I think it is difficult to say that the current altcoin bull market has begun.
An altcoin bull market refers to a bull market in which you can make a profit no matter what altcoin you buy.
(USDT.D chart)
As USDT dominance falls below 5.89-6.39, I believe the coin market has entered a bull market.
If the BTC Dominus mentioned earlier does not fall below 50, it is highly likely that a bull market will continue in which only BTC will rise.
Although some altcoins, including ETH, will rise along with BTC, it is expected that they will ultimately not be able to keep up with BTC's rise.
If only BTC rises, BTC's dominance is likely to continue until BTC dominance rises above 61 and then begins to decline, so caution is required when trading altcoins.
--------------------------------------------------
(BTCUSDT chart)
(BTCUSD 1M chart)
The HA-Low indicator has not yet been created on the 1M chart.
This shows that BTC is maintaining a strong upward trend.
Therefore, it is expected that a new trend will be formed by touching the HA-High indicator this time.
If the price falls after receiving resistance from the HA-High indicator, I think there is a possibility that it will eventually lead to a decline to meet the HA-Low indicator.
Currently, it is unknown how much it will have to drop to generate the HA-Low indicator.
However, if the downward trend continues, we believe we will eventually reach the HA-Low indicator.
If it rises above the HA-High indicator, it is likely to rise to around 47995.77-48229.91.
The 47995.77-48229.91 section corresponds to the section located between 0.618 and 2.618 of the Fibonacci ratio.
(1W chart)
The HA-High indicator on the 1M chart has been touched, but the HA-High indicator on the 1W chart has not been touched yet.
Accordingly, I think there is a possibility of a shakeup around 43823.59.
Looking at the situation of the indicator, it can be thought that BTC is still in the reverse arrangement because the HA-High indicator on the 1M chart was touched first.
I think there is a possibility that a shaker will be developed to convert this reversed arrangement state to a normal arrangement state.
Well, there is a possibility that it will rise like this and rise to the 59370.07 point, which is the HA-High indicator point on the 1W chart.
In any case, it is true that it is located in an important section in terms of the current long-term trend.
There is a possibility that it will touch the 46431.5 point and a shake will occur, or there is a possibility that it will continue to decline and a shake will occur.
At this time, we need to find out the funding status of the coin market.
As explained in the USDT chart mentioned earlier, you can see that funds are steadily flowing into the coin market.
Accordingly, even if there is a shake-up, I don't think it is very likely to lead to a major decline.
However, I think the situation is a bit different for altcoins.
Altcoins are likely to see a big drop since BTC dominance is trending upward.
It is unknown whether the current inflow of funds is to buy BTC, ETH, or altcoins.
However, given that BTC dominance is on the rise, I think there is a possibility that it is an inflow of funds to buy BTC or ETH.
(1D chart)
BTC is resetting the indicator as it shows sideways movements around 43K.
Currently, the StochRSI indicator is showing a decline below the 50 point.
Therefore, when the StochRSI indicator enters the oversold zone in the near future, you should pay attention to where support and resistance are located.
When the decline in the StochRSI indicator accelerates, it is necessary to check whether BTC is maintained within the 42053.66-44200.0 range.
If possible, the key is whether the price can be maintained around 43160.0-43823.59.
I think it is highly likely that this means that there is a great desire for an increase and that buying is overwhelming selling.
As funds are flowing into the coin market, I do not think it is right from a trend-following perspective to think that the rise will stop around the current level.
This is because it is highly likely that the inflow of funds will ultimately result in an increase in the purchasing power of coins.
why? I shared my thoughts on whether the prices in the current section are showing the same behavior as they are now.
It is unknown whether this will lead to an altcoin bull market or whether BTC's dominance will continue as is.
However, if BTC dominance falls below 50, you need to think about the possibility of an altcoin bull market starting and think about how to respond.
However, since there may be a pumping of altcoins before BTC determines its direction and leads to a large rise, a trading strategy must be created accordingly.
Once an altcoin bull market begins, I think chart analysis is meaningless.
Therefore, it is recommended to sell in installments when prices rise sharply and come to a halt.
Additionally, it is time to buy if the candle on the 1D chart is a downward candle and is supported at the support and resistance points.
In an altcoin bull market, it is not a good idea to buy when the price is rising.
You may make a big profit once or twice, but in the end, it will be an opportunity to buy at the highest point.
Therefore, in the coin market
1. In a rising market, when the candle on the 1D chart is a falling candle, check the support at the support and resistance points and buy.
2. In a falling market, the time to buy is when it breaks through the support and resistance points on the 1D chart.
I think points 1 and 2 above apply to the basic trading method.
When an altcoin bull market or bear market is in progress, movements occur regardless of the status of the indicator, so trading is possible using the above trading method even if the indicator is overheated.
However, you should enjoy your investment as prices continue to rise.
A 100% sell in a bull market means that this altcoin will not be traded in the future.
Therefore, the trading method of selling 100% is not appropriate.
Under no circumstances should you stop trading.
This does not mean that you must continue to trade unconditionally.
This means that you must constantly check the chart of the coin you want to trade and constantly observe when to start trading and when to sell.
(4h chart)
The gap between the 5EMA of the 1D chart and the M-Signal indicators of the 1M, 1W, and 1D charts shown on the chart has widened considerably.
Accordingly, it is necessary to determine how this gap can be reduced in the future.
The best way, in my opinion, is to touch the M-Signal indicator on the 1D chart, maintain an upward trend, and move sideways near the current price until the M-Signal indicator on the 1W and 1M charts rises.
I believe that these sideways will make it difficult for individual investors and will naturally encourage selling, providing an opportunity to secure a stable supply.
At the same time, we expect that all high leverage will be liquidated.
--------------------------------------------------
- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
-------------------------------------------------- -------------------------------------------
** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
Domination of USDT + USDC and lows/maxims of BTC. CorrelationIn the graph, combined into one graph of the dominance of such stablecoins as USDT and USDC.
Orange color—chart of the bitcoin price against the dollar.
The time interval is 1 week. The graph is logarithmic.
The same chart and the same parameters on the candlestick chart .
All BTC price lows and highs are specially shown. Compare what the capitalization of stablecoins was at the time.
At an earlier time, the dominant stablecoin was one USDT, later USDC was added. They occupy a significant capitalization. BUSD and DAI are less capitalized. They too can be added to this “indicator” of the Pumps/Dumps market.
I think the dominance history and the bitcoin overlay chart illustrate well which market phase and in which areas to buy and sell bitcoins and other speculative crypto coins.
Centralized Stablecoin capitalization of a decentralized market .
Sounds crazy, doesn't it? The dominance of centralized in a decentralized market. The 3rd,4th,6th places are naturally occupied by centralized stablecoins such as: #USDT #USDC #BUSD.
This kind of decentralized cryptocurrency financial world (freedom from the dictatorship of banks, power states, and so on) did you imagine, for example, in 2015-2017? Is it good or bad? What will happen after a while? What trend will develop further after the community bait has been swallowed?
3rd place . USDT ( .... "Reds" .... )
$67,562,687,657
4th place . USDC (Circle, Coinbase, JPMorgan, Blackrock .... )
$51,726,419,583
6th place . BUSD (Binance)
$20,003,320,692
13th place DAI ETH (!)
BTC and ETH dominance.
Continuing on this “democracy” theme of crypto sandbox capitalization. Today 14 09 2022.
Market Cap: $989,560,104,72
Dominance:
#BTC: 38.9%
#ETH: 19.9%
Total 2 assets: 58,7%
Also add 3,4,6,13 top stablecoins to this.
Stablecoins over 20%.
Almost 60% of the market is 2 assets.
Over 80% of the market is 6 assets.
So much for the true mythology of decentralization ))).
How to look for a “live chart” for yourself and combine the dominance of USDT and USDC:
1) Look for the MARKET CAP USDT DOMINANCE, %
2) On the right side of the chart in the search field, press the + button
3) Write MARKET CAP USDC DOMINANCE, %.
For the analysis, it will also be useful to track at the same time:
1) BTC dominance
2) US dollar index (DXY, USDX)
BTC dominance
BTC to altcoin dominance. Stablecoin dominance and market pamp.
US Dollar Index (Fed)with prices of BTC lows/maxims. Correlation of assets.
DXY and PampDump BTCMarkets Cycles.
This is what it looks like on a line chart to illustrate simple correlation things.
Preparedness for force majeure.
I would also like to say that all stabelcoins are focused on the "stability" of the U.S. dollar. Think about what would happen if, for some reason, that stability were to be undermined in the blink of an eye. Then you are faced with a very difficult choice.
What to do? Sell/buy cryptocurrency/shares? Just think ahead "What do you do" if, purely hypothetically, for some fantastic, hard-to-imagine reasons this happens. Think ahead in today's calm time (are you sure it's not calm now?), so you won't be caught off guard in a turbulent time.
USDT.D: Need to check if it can fall below 5.89-6.39Hello traders!
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-------------------------------------
(USDT chart)
It is continuing its upward trend towards the upper tail of the candle created on November 8th.
Since the rise is occurring while creating a gap, it is believed that funds are continuously flowing into the coin market.
---------------------------
(USDC chart)
The key is whether the price can rise above 26.525B while maintaining the upward trend due to the gap increase.
----------------------------------------------
(BTC.D chart)
In order for the coin market to enter a full-fledged bull market, I believe that BTC dominance must rise above 61 and then begin to fall.
Accordingly, if the current BTC dominance fails to rise and falls, there is a possibility that a small bull market may form before the full-scale bull market begins.
However, since it is judged that a full-fledged bull market is likely to begin only when BTC dominance rises above 61, it is highly likely that altcoins will eventually sideways or decline.
-------------------------------------------------- --
(USDT.D chart)
A decline in USDT dominance indicates an upward trend in the coin market.
Therefore, if it falls below 5.89-6.39 and remains, the coin market is expected to enter a bull market.
However, at this time, I think the altcoin bull market will begin only when BTC dominance falls below 50.
If BTC dominance does not fall below 50, it is expected to form a strange bull market in which only BTC will rise, so caution is required when trading altcoins.
I believe that the secondary purchase period of altcoins for next year's BTC halving should be conducted in the BTC 32K-43K range.
The reason is that BTC dominance must rise.
--------------------------------------------------
- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
-------------------------------------------------- -------------------------------------------
** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
A trading strategy is needed to stabilize the psychological stat== A trading strategy is needed to stabilize the psychological state. ==
Hello traders!
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
-------------------------------------
(USDT chart)
A very long upper tail was created on November 8th.
Then, the gap continues to rise.
I believe that this continuous gap increase means that funds are continuously flowing into the coin market.
Accordingly, I believe that if the current inflow of funds is concentrated towards BTC and the price is defended, this will eventually lead to an upward trend in BTC.
(USDC chart)
The key is whether the gap can rise above 24.98B.
I believe that USDC has less influence on the coin market than USDT.
The reason is that the USDC market is not active.
Therefore, if funds flowed into the coin market through USDC, I think there is a high possibility that they will be exchanged for USDT.
Otherwise, I think BTC will most likely be used for trading.
-------------------------------------------
(BTC.D chart)
In any case, funds are flowing into the coin market through USDT or USDC.
In these situations, we need to check BTC dominance to see where our real money is being spent.
For the coin market to show a full-fledged upward trend, it is expected that BTC dominance rises above 61 and then begins to decline.
Therefore, rising BTC dominance means that funds are being concentrated towards BTC.
It is unknown whether funds concentrated in this way toward BTC will cause the price of BTC to rise or fall.
Therefore, when BTC dominance rises, altcoins are likely to gradually sideways or decline.
(USDT.D chart)
A falling USDT dominance means that funds are being used in the coin market.
Accordingly, the coin market is likely to show an upward trend.
Currently, funds are continuously flowing in, but BTC dominance and USDT dominance are showing sideways movements.
If sideways moves like this, individual investors are more likely to feel unbearable anxiety, so they will naturally sell their coins (tokens) in installments.
To encourage this further, circular pumping of altcoins occurs.
Accordingly, BTC will move very slowly, and altcoins are likely to become more active.
However, if you look at the movements of BTC dominance and USDT dominance, you can see that the fluctuation range is not large.
You can see that trading is not that active.
Individual investors are accustomed to waiting.
However, because they are psychologically unstable, they just give up waiting, but they are used to waiting.
However, investment companies, institutions, and whales are not accustomed to waiting.
However, I think they just seem accustomed to waiting because it has the power to shake the psychology of individual investors.
For a bull market to start this year, I believe BTC dominance must fall below 50 and USDT dominance must fall below 5.89 and remain there.
Therefore, I think that the way to relieve one's psychological anxiety is to increase the number of coins (tokens) corresponding to profits while controlling the proportion of coins (tokens) held until then.
This is because individual investors are highly likely to make wrong choices if their psychological state becomes unstable, no matter how profitable they are.
This is because I believe that if you can stabilize your psychological state even if you earn less profit, you will eventually be able to close the transaction successfully.
--------------------------------------------------
- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
-------------------------------------------------- -------------------------------------------
** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
Bull market begins: BTC.D (below 50), USDT.D (below 5.89)Hello traders!
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Please also click “Boost”.
Have a good day.
-------------------------------------
(USDT chart)
A large volatility occurred on November 8th and the gap continues to rise.
Accordingly, we can see that funds are continuously flowing into the coin market.
-----------------------------------------
(USDC chart)
It is unclear whether USDC's continued decline is causing funds to flow out of the coin market or to be converted to USDT.
However, because the USDC market is not active, USDC movements do not have a direct influence on the coin market.
Since USDC continues to fall, I believe it is forming a separate market different from the stock market.
It is believed that the movements of the stock market due to the volatility of government bonds (US10Y) and DXY are consistent with the current movements of the coin market and have no special meaning.
(US10Y chart)
Since US10Y showed a short-term decline, it appears that the stock market is temporarily on the rise.
(DXY chart)
Since DXY is located around 105.664-106.416, it is difficult to say that the investment market is active yet, so you should be careful about investing.
-------------------------------------------------- ------------
(BTC.D chart)
BTC dominance is showing resistance and falling around 53.68.
Accordingly, we can see that funds are being concentrated towards altcoins.
However, since BTC dominance is above 50, you can see that more funds are still concentrated in BTC.
Therefore, I think caution is still needed when investing in altcoins.
-------------------------------------------------- ---
(USDT.D chart)
If USDT dominance falls below 5.89-6.39 and remains, the coin market is expected to begin a bull market, i.e. a bull market.
However, as mentioned in the explanation of the BTC dominance chart, the actual bull market is expected to begin only when BTC dominance falls below 50.
Therefore, it can be said that the 5.89-6.39 section corresponds to the boundary section.
This means that even if it pretends to fall below this boundary, it may rise.
In this market situation, I think that buying when a downward candle is on the 1D chart will lead to better trading than through breakout trading (buying when the price breaks upward through important support and resistance areas).
You should be aware that if the altcoin you own is not rising and you switch to another altcoin that is rising, there is a high possibility that the altcoin you have held will rise from then on.
--------------------------------------------------
- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
-------------------------------------------------- -------------------------------------------
** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
USDT.D : Bull market begins when it falls below 5.89-6.39Hello traders!
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
-------------------------------------
(USDT chart)
The gap continues to rise.
I believe that the rise in the gap is evidence that new funds are flowing into the coin market.
(USDC chart)
USDC has been in a downward trend since July 2022.
There are some doubts whether funds are flowing into the coin market as USDC and the funds are being converted back to USDT.
This is because the USDC market is not active, so in order to trade actual coins, you must trade in the USDT market or BTC market.
In any case, I don't think USDC has any direct influence on the coin market.
However, as coin-related investment products are launched in the stock market, I believe that the investment products and the movements of the stock market are related.
Therefore, I think the decline in USDC means that the correlation is weakening.
------------------------------------
(BTC.D chart)
I believe that BTC Dominance is not a chart that shows the movement of BTC price, but rather a chart that lets you know where funds are concentrated.
Therefore, a rise in BTC dominance means that funds are being concentrated towards BTC.
Conversely, a decline in BTC dominance means that funds are being concentrated towards altcoins.
Therefore, in the big picture (1M), you can see that the upward trend is maintained.
However, on the 1D chart, it is showing signs of a downward trend as it falls below the MS-Signal indicator.
We need to see if this short-term trend reversal can be sustained.
(USDT.D chart)
USDT has a direct influence on the coin market because the USDT market is active.
Therefore, a decline in USDT dominance means that the coin market is rising, that is, the buying trend is increasing.
In the big picture (1M), it is difficult to say that it has fallen below the MS-Signal peak, so I think it is maintaining an upward trend.
Accordingly, the rise in USDT dominance should be considered a decline in the coin market, that is, an increase in selling.
However, looking at the 1D and 1W charts, they show a decline below the MS-Signal indicator of each chart.
Accordingly, from a short-term perspective, the coin market is showing an upward trend.
(1D chart)
If this short-term upward trend in the coin market continues and USDT dominance falls below 5.89-6.39, it is expected that a bull market will begin in which profits can be made by purchasing any coin (token).
At this time, the important thing is that BTC dominance must fall simultaneously.
If not, strange movements are expected to occur.
Strange movements mean that only BTC is rising.
--------------------------------------------------
- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
-------------------------------------------------- -------------------------------------------
** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
🔥 Stablecoins Breaking Out: This Time Is Different! 🚨If you've followed my analyses for a while, you've seen this chart before. This is a chart of the relative total stablecoins marketcap. In other words, the stablecoins marketcap divided by the total crypto marketcap.
In my previous analyses, I stated that BTC dumped every time that the bottom support of the channel has been hit, with my most recent analysis talking about an impending dump after we hit it again in July. This was also the main reason why I was bearish during August and September.
However, this time is different! For the first time since 2019, the relative stable coins marketcap has fallen through the bottom support of the channel. This is great news for crypto, since a rising value often means more bearish market conditions.
With stablecoins falling, this could very well be the start of a longer-term downtrend, which is great for crypto as a whole because stables are being spent instead of being held.