Looking at the Market Cap chart, the coin market trendHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(USDT chart)
The new high (ATH) continues to rise, creating a gap.
(USDC chart)
Contrary to USDT, USDC remains in a downtrend, still gapping.
Therefore, it is necessary to countermeasures against this as it can limit the rise of the coin market or cause a sharp decline.
The countermeasure against this trend is not to find a time to split and sell, but to find a time to buy and sell.
Misunderstanding this and proceeding with split selling or selling 100% and then buying when it fell will increase your psychological anxiety, and you should be careful as you may proceed with a wrong transaction and continue to regret it in the future.
BTC 29K or less is a buy zone from a mid- to long-term perspective.
However, since BTC rose above 29K and then fell below 29K, it is recommended to confirm the trend reversal before proceeding with the purchase.
Otherwise, if you proceed to buy when it is down, this will also increase your psychological anxiety.
In the process of trading, if you focus only on profits without considering your own psychological changes, you will eventually increase the possibility of trading in an erroneous way due to psychological factors.
Therefore, trading to obtain more profits is important, but more importantly, it is important to establish a trading strategy that can minimize the psychological anxiety and burden caused by trading.
(BTC.D chart)
We should think with a focus on the fact that BTC dominance will maintain its upward trend.
The reason is that there is a BTC halving next year.
Therefore, as more people want to trade BTC, it is expected that BTC dominance will rise regardless of BTC price fluctuations.
This uptrend is expected to meet volatility as it rises around 56.78-61.73.
If this volatility turns BTC dominance into a downward trend, it is expected that the coin market will face a period of altcoin pumping cycle.
If that is not the case, and continues to rise, I expect to see volatility again around 70.03.
(USDT.D chart)
It sits near 7.52 as it moves through the May 15-17 volatility period.
Therefore, it is necessary to check whether there is a movement out of the 7.27-7.86 section.
Since the USDT dominus once rose in the 6.85-7.27 zone, the key is whether it can be resisted around 7.86-5.25.
If it does not and rises, it is expected to renew the new high (ATH).
A rise in USDT dominance means a fall in the coin market.
At this time, the important thing is to be careful when trading altcoins as the price destruction of altcoins can be serious according to changes in the BTC price.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
USDC
The meaning of the sequence is...Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
** Analysis of the BTC chart publishes new ideas once a week.
** However, we publish new ideas when volatility occurs or when we show signs of diverging from our expectations.
** Excluding the above situation, BTC analysis is listed as a daily update.
-------------------------------------
(BTCUSDT.P chart)
(1D chart)
In order for the head and shoulders pattern drawn on the chart to be completed, resistance must be found below 26907.0-27486.4.
If not, it's just an incomplete pattern.
Therefore, it is necessary to check whether it rises along the uptrend line around May 10 (May 9-11) and finds support around 27486.4-27976.1.
It is necessary to check whether the M-Signal of the 1W chart and the M-Signal of the 1W chart can be crossed to make a regular arrangement.
This is because the regular alignment signals of these medium- and long-term indicators present important inflection points where new trends can be formed.
Therefore, if it falls below 26907.0 and completes the head and shoulders pattern, there is a possibility of a sharp drop, but from a mid- to long-term perspective, it is expected that the possibility will increase due to the large buying force.
Therefore, the mid- to long-term transition point is
1st: 24294.1-25882.9
2nd: 20853.8-23129.6
It is expected that a direction change will be made by touching the 1st and 2nd vicinity above.
When such a change in direction takes place, it is expected that the 3rd wave of the Elliott wave will proceed.
This move is expected to provide one last good buy point for the medium and long term.
I kept saying that altcoins are not the time to trade now.
In order to invest in altcoins from a mid- to long-term perspective, you should proceed with the first purchase and wait when the value is less than 29K.
Then, when the BTC price soars and rises to around 43K, the altcoins will show a cyclical upward trend, and the second purchase must be made according to the cyclical upward trend.
If not, investing in altcoins will be applied as an insecure factor that amplifies one's own psychological insecurities.
Then, the full-fledged buying period for altcoins is when they show support around 43K.
When the BTC price rises above 43K, the reason why you should proceed with buying altcoins in earnest is because now is the time to intensively buy BTC or ETH.
------------------------------------------
(BTCKRW chart)
The HA-High indicator on the 1W chart is about to be created at the 37821000 point.
Therefore, it is necessary to make sure that it can rise with support around 37821000.
If it falls below 37243000 and finds resistance, you should check for support around 35539000.
It is important whether the M-Signal of the 1W chart and the M-Signal of the 1M chart can create an orderly arrangement as they intersect, and whether the price can be maintained beyond the range created by the regular arrangement.
This is because these moves come at a critical time for medium and long-term trend reversal.
The next volatility period is around May 15th.
------------------------------
- big picture
A full-fledged uptrend is expected to start when it rises above 29K.
81K-95K is the range we expect to touch in the next bull market.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
Money flooding the market, but...Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(USDT chart)
The declared price (ATH) has been updated.
Therefore, more funds are being concentrated in the coin market.
This concentration of funds will eventually increase the coin market.
---------------------------------------------
(USDC chart)
However, the problem is that USDC has no power to start an uptrend due to the outflow of funds.
USDT believes that individual investors' funds and Chinese funds account for a large proportion.
I think USDC is likely to be funds from American institutional investors.
Therefore, I think that the current coin market is being influenced by American capital.
Therefore, it is expected that the coin market will start to rise only when USDC turns upward.
-------------------------------------------------- ---------
(BTC.D chart)
BTC dominance remains bullish.
This decline is starting to show that the Bollinger bands on the 1D chart are contracting.
Therefore, the trend is expected to be determined by whether it finds support or resistance around 47.64.
Since a lot of money is flowing into the coin market through USDT, the coin market is expected to rise.
That uptrend is expected to lead to an uptrend in BTC going forward.
Therefore, BTC dominance is expected to remain bullish.
Rising BTC dominance means funds are concentrated towards BTC, making altcoins more likely to move sideways or trend down.
Therefore, if you currently place a lot of weight on altcoins, you should think about countermeasures.
This phenomenon is expected to continue until BTC nears 43K.
-------------------------------------------------- ---------
(USDT.D chart)
Whether funds flow in or out of the coin market, whether the inflow is concentrated towards BTC or altcoins, what matters now is whether USDT dominance is rising or falling.
USDT is supported by all exchanges in the world and is a stablecoin.
Therefore, USDT trading pairs have a great influence because most coins (tokens) are traded in the market.
In this sense, we believe that the rise and fall of USDT dominance reflects the influence of the overall flow of the coin market.
An increase in USDT dominance means that it is likely to proceed with a decline in the coin market.
Conversely, a drop in USDT dominance means that it is likely to lead to an uptrend in the coin market.
This movement can be useful when trading in the coin market.
The question is whether the volatility between May 15th and 17th can lead to a move out of the 7.27-7.86 zone.
-------------------------------------------------- -------------------
Summarizing the above,
The coin market appears to be on an uptrend.
However, you are not waiting for the starting signal at the starting line.
Therefore, you need to warm up well so that you can make a proper start when you are waiting for the starting signal at the starting line.
A bullish start is the rise of BTC, which will lead the coin market to an uptrend, which will cause most altcoins to move sideways or downtrend.
However, when BTC rises and moves sideways, it is expected that there will be an increase in altcoins, but be careful when trading altcoins because this upward trend is to buy more BTC.
If BTC continues its uptrend, you will naturally look towards altcoins because you think the BTC price is too high.
This mentality leads to buying altcoins, which is likely to result in losses.
This is because it is thought that only the altcoin I bought will not rise.
Therefore, in order to proceed with buying altcoins, you must be able to continue buying over a long period of time.
If not, buying an altcoin now means incurring a potential loss.
Well, if you can buy it and hold it until next year, it will be different.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
Everything is going sidewaysHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(BTCUSDT chart)
(1M chart)
It is necessary to check whether it will be supported in the vicinity of the volume profile section 28465.36-28923.63.
Also, you need to hold the price above the MS-Signal indicator to see if the MS-Signal indicator turns into an uptrend sign, because if these conditions are met, an uptrend is expected.
With such an uptrend, we expect the Stoch indicator to be out of the oversold zone.
Since the StochRSI indicator is located in the overbought zone, we can see that the upside is high.
Therefore, we expect the StochRSI indicator to maintain its uptrend until it breaks out of the overbought zone.
-------------------------------------------------- ---
(1W chart)
The question is whether it can rise above the 1st uptrend channel and maintain its uptrend along the 2nd uptrend channel.
So, if the price holds above 26574.53-27590.60, we expect it to rise above 32259.90.
Since the HA-High indicator formed around 27590.60, finding support around 26574.53-27590.60 is significant.
This important implication is that the possibility of breaking the recent high is increasing.
The StochRSI indicator always makes waves.
It is not easy to predict the direction as the current StochRSI indicator has entered the 30-70 section, that is, the sideways section.
However, since the StochRSI indicator is showing a downtrend, we know that the downtrend is likely to continue.
Therefore, if it shows support around 26574.53-27590.60 mentioned above, it is expected that the direction of the StochRSI indicator will change.
Interpretation of the indicator can be useful when checking whether it is supported or resisted at an important point or section on the price chart.
Therefore, as in the interpretation of the StochRSI indicator, it was expected to lead to a large decline as it moved out of the overbought zone, but as it touches around 26574.53-27590.60 and shows an upward trend, it can be seen that the downtrend is weakening.
Therefore, rather than interpreting the indicators mainly, important support and resistance points on the price chart should be used to confirm movement in the interval.
--------------------------------------------------
(1D chart)
The key is whether you can climb with support in the 28465.36-28923.63 section.
This is because it is important that the 28465.36-28923.63 section is supported as a volume profile section.
if it goes down,
1st: 27496.02-27985.15
2nd: 26574.53
You need to make sure that it is supported in the vicinity of the 1st and 2nd order.
The reason is because it is an important support and resistance section in the mid- to long-term.
If supported in this section, there is a possibility that buying will increase as buying is possible in the mid- to long-term.
All indicators (StochRSI, Stoch, RSI, CCI) are positioned in the sideways section.
Therefore, rather than buying in the current range, it is better to wait for a decline around 27496.02-27985.15 or 26574.53 or for a rise above 30184.24 to show support.
This is because there is no need to worry about buying in advance.
Buying in advance because of the price that is not much different and continuing trading while feeling psychological anxiety should be oriented because it can make you unable to hold on when a big movement comes out.
------------------------------
- big picture
A full-fledged uptrend is expected to start when it rises above 29K.
81K-95K is the range we expect to touch in the next bull market.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
USDT: Funds focused on individuals (groups), USDC: Funds focusedhello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(USDT chart)
(USDC chart)
I think that USDT and USDC are used as a channel for the inflow and outflow of funds into the coin market.
Among them, USDT has a high market cap, so I think it has as much influence on the coin market.
Looking at the USDT chart, we can see that it has risen to near the previous high.
Therefore, it can be seen that the coin market is overflowing with funds.
However, if you look at the USDC chart, it has fallen a lot, making it look like the funds flowing into USDT are stagnant.
In other words, it can be interpreted that the money inflow through USDT is trying to lead the coin market to rise, but the outflow of money through USDC limits the rise or makes it fall.
Therefore, I think it is better to buy coins (tokens) that you intend to continue investing in until the BTC halving next year.
Otherwise, if you are going to trade in terms of day trading or short-term trading, I think you need to be very careful.
The inflow of new money is expressed as an increase creating a gap.
Therefore, the size of the candle does not matter.
-------------------------------------------------- ----
(BTC.D chart)
Looking at the BTC dominance chart, it is forming a rising channel.
However, the 1M chart has not yet created an upward channel and is showing an expansion.
Therefore, the possibility of a downtrend at any time still exists.
However, if it does not fall below 46.76-46.84, it is expected that it will lead to a move above 50.49 in the near future.
We believe this move is due to the BTC halving next year.
This is because the possibility that funds that are unable to find a place to go in the coin market will be concentrated toward BTC due to an event called BTC Halving next year is increasing.
However, what BTC dominance tells us is whether funds are concentrated in BTC or altcoins.
Any other interpretation can lead to confusion, so it's best not to think about it.
Concentration of funds towards BTC means that BTC is leading the coin market.
Since there is no guarantee that this lead will necessarily lead to a rise in the coin market, you should check the USDT.D chart to see if the coin market is rising.
-------------------------------------------------- -
(USDT.D chart)
The USDT Dominance Chart is a chart that allows you to see the flow of funds flowing into USDT.
Therefore, when USDT dominance declines, the coin market is likely to show an uptrend.
If USDT dominance is trending down and coins (tokens) with large market caps, such as BTC or ETH, show sideways movements, it is likely that coins (tokens) with lower market caps will pump in the short term. .
If you are not comfortable with day trading or short trading in these markets, we recommend that you do not trade.
Because you may miss a better buying opportunity than this.
USDT dominance is moving sideways in the 6.85-7.27 range.
This means that the direction has not yet been determined.
If you look at the 1M chart, it is in a state where a proper trend line or channel has not been formed.
Looking at the 1W chart, it shows a breakout from the downtrend line, downtrend channel.
Therefore, it can be seen that we have not yet found a direction in the mid- to long-term perspective.
When you can't find a direction like this, I think it's better not to trade or to proceed with a split purchase according to a trading strategy for coins (tokens) that will continue to invest in the mid- to long-term.
The basis for proceeding with the purchase is the movement of the USDT chart mentioned above.
In other words, since a lot of money is flowing into the coin market, it is not strange to see an upward trend at any time.
If you do not take any action when the unit price has risen by 30% or more from the unit price you purchased for mid- to long-term trading, you may end up selling at a lower price level because you keep feeling regretful when the stock fluctuates up and down.
Therefore, you need a strategy to sell a certain portion according to the rate of return or some standard according to your investment style.
This selling strategy is an important strategy because it can lead to a better buying strategy.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
A pattern is what you know when it's completeHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
** Analysis of the BTC chart publishes new ideas once a week.
** However, we publish new ideas when volatility occurs or when we show signs of diverging from our expectations.
** Excluding the above situation, BTC analysis is listed as a daily update.
-------------------------------------
The reason why I explain the USDT, USDC, BTC.D, USDT.D chart first is that it is judged that the price change of coins (tokens) can be predicted to some extent if the overall money flow of the coin market is known.
(USDT chart)
(USDC chart)
(BTC.D 1W chart)
(USDT.D 1D chart)
Still, USDT is maintaining an upward trend, and USDC is maintaining a downward trend.
BTC dominance remains on the uptrend and is expected to eventually rise above 50.
The rise in BTC dominance tells us that money is being concentrated in BTC.
In addition, it is not desirable to expand interpretation of the flow of BTC dominance because it is not helpful at all to proceed with actual transactions.
If you have checked the BTC dominance chart to see whether your current funds are concentrated in BTC or altcoins, you should check how your funds are flowing.
The flow of money can be seen by the movement of the USDT.D chart, i.e. USDT Dominance.
It can be interpreted that the decline in USDT dominance is highly likely to lead to a rise in the coin market.
Conversely, an increase in USDT dominance means that it is highly likely to lead to a decline in the coin market.
If you look at the 1M, 1W, and 1D charts of the USDT.D chart, you can see that they are receiving resistance at certain points and sections.
Therefore, USDT dominance is expected to decline unless it rises above this resistance point or section.
However, if it rises above 7.14-7.27, which corresponds to the resistance zone, and shows support, USDT dominance is expected to surge.
Therefore, it is necessary to check which side of the 6.85-7.27 section shown on the 1D chart is moving away from around May 16th.
-------------------------------------------------- ----
(BTCUSDT.P chart)
The pattern drawn on the 1D chart is a Head and Shoulders pattern.
So, if it falls below 26907.0-27486.4, I would expect a sharp decline.
If this is not the case and the price holds above 27486.4, it is expected to form a new trend.
Therefore, it is expected to rise above 32275.6.
A pattern can only be known when it is complete.
However, if you know in advance what the pattern will look like, you will be able to buy some time to respond.
No matter what pattern you make, the real pattern is after it has been completed, so you should be careful if you react in advance before the pattern is completed, as there is a possibility of double loss.
Therefore, the important thing in trading is split trading.
When the pattern is being completed, it is necessary to partially respond with a split transaction and leave room for the next response whether the pattern is completed or incomplete.
Otherwise, if you sell 100% in advance just because you see a head-and-shoulders pattern, you will feel great psychological anxiety every time the price rises, increasing the possibility of making a wrong decision.
If you sell 100%, it is better to stay away from the market for a while until the next wave begins.
Currently, a dip below 26907.0-27486.4 is required to complete the Head and Shoulders pattern drawn on the 1D chart.
If not, the Head and Shoulders pattern is incomplete.
If we look at the support and resistance sections without considering the pattern,
Section 27486.4-27976.1 is an important support section.
Therefore, if support is confirmed near the 27486.4-27976.1 section, it is possible to buy.
The primary target for this buy is near the 30181.8 point.
The reason is that the HA-High indicator on the 1D chart is formed at 30181.8.
In this way, when creating a trading strategy from a trading perspective or trend perspective, what you need to identify are support and resistance points or zones.
Create a trading strategy for support or resistance at these support and resistance points or zones.
If you proceed with trading according to the trading strategy created in this way, you will be able to escape the influence of your psychological state to some extent.
The biggest stumbling block in trading is your own state of mind.
This is because they believe that the success of trading is determined by the movement of charts and their psychological state caused by various articles and press announcements.
No matter how much the current trend is on the uptrend, if all you see, hear and say is negative, you will be able to trade.
As I said above, it is the flow of money that makes trading possible.
If you can tell whether money is flowing in or out of the investment market, you will have the power to trade according to the flow of that money.
The channel for the inflow and outflow of large funds in the coin market is USDT.
Therefore, if USDT is maintaining an upward trend, the coin market will maintain an upward trend.
Therefore, if the chart of the coin (token) you want to actually trade shows a decline while funds are continuously flowing in, then it is the time to buy.
These buying points can be made according to the support and resistance points.
What I have just said is about the big picture, the overall trading strategy.
How detailed a trading strategy you develop with this will be determined by your own state of mind.
(1h chart)
The description of the 1h chart refers to trading in a short period of time that corresponds to scalping and same-day trading among the above.
In this story, whether BTC goes up or down is not the focus.
Therefore, you should not view and interpret this content with a mid- to long-term perspective.
The interval 24294.1-30181.8 corresponds to the high magnification box interval.
Therefore, when you get out of this section, you can enter a full-fledged position.
------------------------------------------
(BTCKRW chart)
The next volatility period is around May 15th.
------------------------------
- big picture
A full-fledged uptrend is expected to start when it rises above 29K.
This is the 81K-95K range that we expect to touch in the next bull market.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
Full-fledged uptrend start section: 32259.90-37253.81hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
** Analysis of the BTC chart publishes new ideas once a week.
** However, we publish new ideas when volatility occurs or when we show signs of diverging from our expectations.
** Excluding the above situation, BTC analysis is listed as a daily update.
-------------------------------------
(BTCUSDT chart)
(1M chart)
The key is whether the price can be maintained above the volume profile that is being formed in the 28465.36-28923.63 section.
Therefore, it is necessary to check whether it is sideways in the section 28465.36-37253.81.
The reason to check for sideways movement is that the HA-High indicator is currently located at 43823.59.
As the candlestick for the month of May is created, you need to check if the RSI indicator enters the overbought zone.
Since the RSI indicator is related to creating the HA-High indicator, it is highly likely that the HA-High indicator will move and be created when it enters the overbought zone and then moves out of the overbought zone.
Therefore, you should proceed with the trade thinking that there is wiggle room in the long term.
(1W chart)
The StochRSI indicator is showing signs of breaking out of the overbought zone.
Therefore, when the StochRSI indicator falls below 50, the key is whether it can be supported and rise around 26574.53-27496.02.
At 27496.02, the HA-High indicator on the 1W chart is about to be created.
Therefore, if it is confirmed that it is supported when the 1W chart's HA-High indicator is created at the 27496.02 point, it is expected to rise above 32259.90.
The HA-High indicator means that there is a high probability of making a new high, so you need to think about how to respond to taking profits.
However, if supported by the HA-High indicator, it is highly likely to renew the recent high, so buying is possible, but a short-term response is required.
If it is resisted by the HA-Low indicator and falls, it is highly likely to renew the recent low, so we need to think about countermeasures against stop losses.
However, if it is confirmed that it is supported by the HA-Low indicator, it is possible to buy it, and it is highly likely to rise to the vicinity of the HA-High indicator.
Therefore, you can trade with a longer breath than buying at the HA-High indicator.
In trading, profits vary depending on how you make your psychological state stable.
Therefore, it is better to buy when there is support near the HA-Low indicator, which is likely to renew the recent low, than to buy it near the HA-High indicator, which is likely to renew the recent high.
However, in most cases, you can't buy near the low point and buy near the high point.
I think this is because it has a huge psychological impact.
The 32259.90-37253.81 section is a starting point that is likely to start a full-fledged uptrend from a long-term perspective.
So, if it rises above 37253.81, I expect more uptrend.
However, if it fails to break through upward, it could lead to further declines, so you need to think about countermeasures.
Therefore, around 26574.53 is an important support and resistance zone.
(1D chart)
It is difficult to predict the movement right now, but we can think of what is important about the trend from the mid- to long-term perspective.
However, if you look at the mid- to long-term (1W) and long-term (1M) charts, the movement is concise, so you can get a lot of help in setting the direction.
Therefore, I think that by looking at the 1M and 1W charts and creating a trading strategy in the overall movement and big picture, you can see the low time frame chart and reduce the confusion caused by volatility when trading.
The 1D chart's HA-Low indicator is formed at 27985.15, and the 1D chart's HA-High indicator is formed at 30184.24.
Thus, the section 27985.15-30184.24 can be considered as a sideways section.
Directions outside of these sideways zones are expected to form trends.
However, since several indicators that play an important role are formed over the 26013.28-27496.02 section, it is expected to rise rapidly even if it falls below 27985.15.
If it declines in the month of May, you should check for support near 20050.02-23141.57.
However, as I said above, you should think about how to buy because it is not expected to drop significantly.
If it does rise, it is expected to rise around 35045.0-37253.81.
However, there is still a possibility of shaking up and down, so if you touch the area around 35045.0-37253.81, I think there is a high possibility of a sharp drop.
------------------------------
- big picture
A full-fledged uptrend is expected to start when it rises above 29K.
This is the 81K-95K range that we expect to touch in the next bull market.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
Volatility above 10% means...hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
** Analysis of the BTC chart publishes new ideas once a week.
** However, we publish new ideas when volatility occurs or when we show signs of diverging from our expectations.
** Excluding the above situation, BTC analysis is listed as a daily update.
-------------------------------------
The reason why I explain the USDT, USDC, BTC.D, USDT.D chart first is that it is judged that the price change of coins (tokens) can be predicted to some extent if the overall money flow of the coin market is known.
(USDT chart)
(USDC chart)
(BTC.D 1W chart)
(USDT.D 1D chart)
Still, USDT is maintaining an upward trend, and USDC is maintaining a downward trend.
BTC dominance will eventually rise above 50.
So, you need to think about countermeasures against it.
The rise in BTC dominance can be interpreted as meaning that funds are concentrated towards BTC, so it is highly likely that the altcoin will enter the second round of buying.
When BTC dominance rises, the overall flow of the coin market will be very different depending on whether USDT dominance rises or falls.
A decrease in USDT dominance increases the likelihood that the coin market will rise.
Therefore, when BTC dominance rises, it is necessary to see how USDT dominance moves.
Again,
- USDT, USDC charts show the size of funds.
- The BTC.D chart shows where funds are concentrated.
- USDT.D chart shows the flow of funds.
I don't think I know anything other than the case above.
Therefore, it is better not to try to interpret it the other way around.
---------------------------------------
(BTCUSDT chart)
(1M chart)
I think the 1M chart is a chart that can be used to check the big picture and long-term perspective.
Currently, BTC is located near the MS-Signal indicator.
At the same time, a volume profile section is formed at the 28465.36 point.
Therefore, the 28465.36-28923.63 section, along with the previous volume profile, is expected to be an important turning point for the long term.
If the price stays above the MS-Signal indicator, it is likely to continue its uptrend.
Therefore, it is necessary to check whether the price is maintained above the MS-Signal indicator until the MS-Signal indicator turns into an uptrend.
However, it is recommended to check the movements of the HA-Low and HA-High indicators in order to proceed with the transaction.
Since the HA-Low indicator is currently located in the 20050.02-23141.57 section, the time to buy has already passed.
However, in order to continue the upward trend from a trading perspective, the price must rise above the HA-High indicator to maintain the price.
Therefore, I think there should be a movement that causes the HA-High indicator to fall and be created.
(I think that is unlikely, but there may be a move upwards above 43823.59 as it continues to rise.)
If the price maintains above the HA-Low indicator, it is time to buy until you see support near the HA-High indicator anyway.
Therefore, it is necessary to consider whether to proceed with a partial purchase when confirming support near the MS-Signal indicator from a trend perspective, or whether to proceed with a purchase when confirming support near the HA-High indicator.
Or, you need to think about whether to proceed with the purchase when you confirm that the MS-Signal, HA-Low, and HA-High indicators are supported by split trading.
(1W chart)
Unlike the 1M chart, the 1W chart is moving around the HA-High indicator.
Also, the HA-Low indicator is creating a fairly long horizontal line.
Making such a long horizontal line means that it is maintaining an uptrend.
So, from a mid- to long-term perspective, it can be seen that it is maintaining an upward trend.
When maintaining an uptrend, if it finds support near the HA-High indicator, it is likely to break the recent highs.
Therefore, if the HA-High indicator is created at 27496.02 this time and it is confirmed to be supported around 27496.02, it is expected to rise above 32259.90.
If the HA-High indicator is created at 27496.02, but it does not receive support and declines, you need to check if it is supported at 26574.53.
A drop below 26574.53 is likely to lead to further declines, so a countermeasure is needed.
A drop below 26574.53 is expected to create a rising HA-Low indicator.
At that time, whether it is supported near the HA-Low indicator will be an important factor.
(1D chart)
There was more than 10% volatility in one day.
When such volatility occurs, what we need to pay close attention to is the flow of funds.
You need to look at whether funds are flowing in or out of the coin market, and in which direction the funds are being utilized.
The movement of funds will be discussed in detail separately, but briefly, the funds flowing into the coin market remain the same, and rather, the funds are continuously flowing.
This inflow of funds will maintain the FOMO status of the coin market, and it is expected that it will show a great uptrend.
The key is whether the price can sustain the move above the MS-Signal indicator on the 1D chart and above 28465.36.
As mentioned before, the MS-Signal indicator is an indicator that informs trends.
Therefore, maintaining the price above the MS-Singal indicator means that there is a high possibility of continuing the uptrend from a trend perspective.
Therefore, it is important whether it is supported in the 28465.36-28923.63 section.
However, since the HA-High indicator on the 1W chart and the HA-Low indicator on the 1D chart form the 24796.02-27985.15 section, if support is confirmed around this section, you can proceed with aggressive buying.
The stop loss for this aggressive long is 26574.53.
Therefore, the purchase period can be largely defined as 3 periods.
1st : 27496.02-27985.15
2nd : 28465.36-28923.63
3rd: Around 30184.24
If it is confirmed that it is supported in the 1st to 3rd sections above, I think it is possible to buy it.
Around 26574.53, the M-Signal indicator on the 1M, 1W chart is passing by.
Therefore, if it does not fall below this range, it is highly likely to maintain an upward trend from a mid- to long-term perspective.
------------------------------------------
(BTCKRW chart)
There was volatility that rocked up and down.
What we need to pay attention to is to check whether it is supported or resisted near the MS-Signal, HA-Low, and HA-High indicators.
Therefore, it is necessary to check whether it is supported or resisted around 36425000, 37243000, 37585000-38093000 and respond accordingly.
The next volatility period is around May 15th.
------------------------------
- big picture
A full-fledged uptrend is expected to start when it rises above 29K.
This is the 81K-95K range that we expect to touch in the next bull market.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
Pull back patterns are not easy to know before they are completeHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
** Analysis of the BTC chart publishes new ideas once a week.
** However, we publish new ideas when volatility occurs or when we show signs of diverging from our expectations.
** Excluding the above situation, BTC analysis is listed as a daily update.
-------------------------------------
The reason why I explain the USDT, USDC, BTC.D, USDT.D chart first is that it is judged that the price change of coins (tokens) can be predicted to some extent if the overall money flow of the coin market is known.
(USDT chart)
(USDC chart)
(BTC.D chart)
(USDT.D chart)
USDT and USDC are still moving in opposite directions.
As long as funds are showing an inflow through USDT, the coin market is expected to remain on the uptrend.
Even if the global economic situation is not very good, we are traders who can earn profits by trading according to the size and flow of funds in the coin market.
We must not forget that we are not economists or economic analysts after all.
---------------------------------------
(BTCUSDT.P chart)
If the price is maintained above the MS-Signal indicator on the 1M chart, it can be interpreted as a long-term turn to the uptrend.
If the price is maintained above the HA-High indicator on the 1W chart, it can be interpreted that there is a high possibility of renewing the recent high from a mid- to long-term perspective.
So, from a mid- to long-term perspective, we can see that it is likely to remain on the uptrend.
However, since it did not rise above the HA-High indicator on the 1M chart, I think it is time to maintain the price above the HA-High indicator from a long-term perspective.
Therefore, whether the price rises or falls, the current volatility must be dealt with in the short term, as it is expected that the HA-High indicator will fall and create a shape.
In the big picture, BTC below 29K is a buy zone.
This doesn't change.
However, since it rose above 29K and then fell below 29K, it is good to see how it turns.
(1D chart)
If you can see support in the 28454.9-28951.7 section, it's time to buy the week.
If not and it declines, you should check for support near 27486.4-27976.1.
Point 27486.4 is the point where the HA-High indicator of the 1W chart is about to be created, and point 27976.1 is the point where the HA-Low indicator of the 1D chart is about to be created.
Therefore, if we see support around 27486.4-27976.1, we know that it is time to buy aggressively.
If the price stays above the MS-Signal indicator on the 1D chart, it means that it has turned to an uptrend from a short-term perspective, so finding support in the 28454.9-28951.7 section is a very meaningful move.
The MS-Signal indicator provides criteria for identifying movements from a trending perspective.
The HA-Low and HA-High indicators provide criteria for buying and selling from a trading perspective.
How you can interpret these criteria and use them in your own trading strategy will be determined by how much time you invest in checking the movements.
A pull back pattern is one of the manifestations of an uptrend.
It is almost impossible to identify the bottom section of such a pull back pattern.
The reason is that when the price rises above the level where the decline started, it can be confirmed that the pull back pattern has been completed.
Therefore, we need to check whether we can proceed with aggressive buying by identifying support and resistance points.
To say that the current movement is a pull back pattern, we need to see price holding up by at least 28951.7.
(1h chart)
The explanation of the 1h chart is about trading in a short period of time that corresponds to scalping and same-day trading among the above.
In this story, whether BTC goes up or down is not the focus.
Therefore, you should not view and interpret this content with a mid- to long-term perspective.
The 'SHORT' position entered near 'S1', 'S2', 28951.7-29242.2 did not touch the trading end point and is rising.
In the meantime, since I touched the 5EMA and M-Signal indicators on the 1D chart, it is recommended to sell some or close the trade and check the situation.
As I said before, the box section is very wide.
From the 24294.1-25882.9 section to the 28951.7-30181.8 section, a box section is formed.
Therefore, it is considered possible to enter the full-fledged position when it is out of the 24294.1-25882.9 section or 28951.7-30181.8 section.
-------------------------------------------
(BTCKRW chart)
The HA-High indicator on the 1W chart is about to be created at the 36425000 point.
Therefore, if the HA-High indicator of the 1W chart is created at the 36425000 point, it is necessary to check whether it can be supported and rise around 36425000.
Currently, it touches around 36425000 and rises, touching the MS-Signal indicator on the 1D chart.
Therefore, it is important to be able to keep the price above the MS-Signal indicator on the 1D chart by maintaining the price around 37585000.
The HA-Low indicator on the 1D chart is about to be created at point 37243000.
Therefore, the 36425000-37243000 section is a support section, forming a buyable section.
However, the 1D chart's MS-Signal indicator needs to be supported near the 37585000 point passing by, so the uptrend is highly likely to continue, so the main buying section should be made around 37585000.
The next volatility period is around May 15th.
------------------------------
- big picture
A full-fledged uptrend is expected to start when it rises above 29K.
This is the 81K-95K range that we expect to touch in the next bull market.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
Identify the size or flow of funds in the coin marketHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
In order to find out the size or flow of funds in the coin market, I think you should pay attention to the movement of the four charts below.
Check the size of your funds: USDT, USDC
Check the flow of funds: BTC.D, USDT.D
It is best to view all four charts together if possible because you can find out the size or flow of funds from limited information.
If it is difficult to see all four charts, it is recommended to view at least the USDT.D chart, which shows the flow of funds best.
------------------------------------------
(USDT chart)
(USDC chart)
It is important to check the USDT and USDC charts to find out the flow of funds in the current coin market.
USDT is a stablecoin backed by exchanges around the world.
Therefore, it is indispensable for most coin (token) transactions.
Therefore, the fact that USDT maintains an upward trend can be interpreted as meaning that funds are continuously flowing into the coin market.
However, the size of the candlestick is not very important because it is thought that new funds will flow in only when a gap occurs and rises on the USDT and USDC charts.
Although USDC maintains a high market cap, it is one of the stablecoins with little support for trading pairs on exchanges around the world.
However, since the market capitalization is maintained at a high level, it is less than USDT, but I think it exerts some influence on the coin market.
In particular, since USDC is likely to be composed of US investment capital, it is understood that it is being used as a fund warehouse by institutional investors.
Therefore, it is highly likely that USDC funds will be moved according to stock market fluctuations.
In that sense, if you look at the flow of the current USDC chart, you can see that a lot of money is flowing out of the coin market.
I think it is a disprove that funds are moving from the coin market to the stock market.
So, if the stock market shows a clear uptrend, the USDC chart is predicting a trend reversal.
Therefore, USDC's downtrend has the potential to limit or plunge the coin market's uptrend caused by USDT's uptrend.
We expect this move to act as an opportunity to increase new buying.
-------------------------------------------------- --------
(BTC.D chart)
(USDT.D chart)
It is recommended to look at the BTC.D chart and the USDT.D chart together, but if it is difficult, it is better to look at the USDT.D chart alone.
However, since the BTC.D and USDT.D charts show the overall flow of funds in the coin market, it is not possible to know the flow of funds for individual coins (tokens).
To see the individual money flow of a coin (token), it is recommended to look at the BTC market chart of the coin (token).
Since BTC is used as the key currency of the coin market, I think the BTC market chart best reflects the price fluctuations of coins (tokens) according to BTC price fluctuations.
However, coins (tokens) with too low market capitalization are the same regardless of whether they are on the same BTC market chart or USDT market chart.
Coming back to the BTC.D and USDT.D charts,
Since BTC is the number one market capitalization in the coin market, I think most of the fund size or flow in the coin market is related to BTC price fluctuations.
in that sense
The BTC.D chart and the BTC dominance chart are charts that allow you to see whether funds are concentrated toward BTC or altcoins.
Therefore, rising BTC dominance can be interpreted as meaning that funds are concentrated towards BTC.
Just because funds are concentrated towards BTC does not mean that the BTC price will rise.
If you don't understand this point, you should be careful because you can interpret it in the wrong direction.
When funds are concentrated towards BTC, if USDT dominance rises, the coin market is likely to show a downward trend.
The reason is that USDT is a stablecoin that supports trading on exchanges around the world.
This is because the increase in USDT dominance means that USDT is increasing through trading, which means that selling in the coin market is increasing.
Therefore, as a condition for trading altcoins, you must show a drop in BTC dominance and a drop in USDT dominance.
If not, it is because most altcoins are unlikely to make significant gains.
BTC dominance is expected to continue to rise.
The reason is that there is a BTC halving next year.
This is because as the BTC halving approaches, a lot of people will flock to the coin market.
And, if the BTC price starts to rise in earnest, funds will inevitably be concentrated towards BTC for the time being.
If you don't buy it now, it's because you will buy BTC with the thought that you can't.
This will cause altcoins to gradually lose their strength and move sideways or decline, despite the upward trend in BTC price.
I think this trend is likely to continue until the BTC price nears 43K.
As USDT dominance falls below the uptrend line (1), it becomes important whether it can touch around 6.21.
The important divergence of USDT dominance is in the 4.97-5.53 range, and if it falls below this range, the coin market is expected to start such an uptrend in which any coin (token) can be bought and profit will be made.
Before that, the question is whether it can fall below the 5.89-6.21 range.
I think the coin market must fall below the 5.89-6.21 range to go to a big bull market.
So, the next period of volatility on the USDT.D chart is around April 22nd.
After this period of volatility, we need to see if it stays below the downtrend line (2).
-------------------------------------------------- -
I think that the coin market is open to many things that are different from the stock market.
In particular, I think it is attractive to be able to know the size and flow of funds.
Therefore, it is important to first check the four charts mentioned above rather than relying on all kinds of information to predict the prospects and trends of the investment market, that is, the coin market.
After that, I think checking the information going around reduces the possibility of making a wrong decision.
When CDBC becomes active, there is a possibility that the influence of existing stablecoins will be weakened.
The reason for this is that it is highly likely that direct transactions will be possible with CDBC, i.e. fiat currency.
In that case, the size or flow of funds in the coin market may not be known with the above four.
Then, an investment environment like the existing stock market will be created, and more individual investors than now will suffer losses.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
What does it really mean to check the way you turn?Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
** Analysis of the BTC chart publishes new ideas once a week.
** However, we publish new ideas when volatility occurs or when we show signs of diverging from our expectations.
** Excluding the above situation, BTC analysis is listed as a daily update.
-------------------------------------
The reason why I explain the USDT, USDC, BTC.D, USDT.D chart first is that it is judged that the price change of coins (tokens) can be predicted to some extent if the overall money flow of the coin market is known.
(USDT chart)
(USDC chart)
(BTC.D 1W chart)
(USDT.D 1D chart)
The USDT chart is in an uptrend and the USDC chart is in a downtrend.
The USDT chart can be said to be a channel of money for people around the world, that is, those who trade and do in the coin market, including individual investors.
The USDC chart is a channel for institutional investors, i.e. US funds.
Therefore, it can also be interpreted that FOMO may be in progress.
However, if funds continue to flow through USDT, the coin market will maintain an upward trend.
It seems that funds are continuously flowing into the coin market through USDT.
Therefore, the coin market is likely to remain in an uptrend.
However, since USDC is maintaining a downward trend, there is a possibility that the coin market's upward trend may be limited or a sharp decline may occur.
Any such restrictions or plunges are expected to serve to increase new buying.
---------------------------------------
(BTCUSDT chart)
(1W chart)
I need to check if I can ascend along the ascending channel while sideways on the 26574.53-32259.90 section.
You need to make sure that the HA-High indicator is showing signs of being newly created.
If the HA-High indicator is about to be created, it is important whether it is supported near that point.
Around 26574.53, the M-Signal indicator on the 1M chart is passing.
Therefore, holding the price above 26574.53 means that the long-term trend is maintained.
(1D chart)
The M-Signal indicator of the 1M chart and the M-Signal indicator of the 1W chart are reversed.
Therefore, if it moves sideways or maintains an uptrend in the current section, it is expected to turn into regular alignment.
It does not necessarily mean that it will rise if it is converted to Jeongbae-ro, but it can be seen that the purchase has been made to that extent.
Therefore, it is important in trading to check whether there is support or resistance at which point and in which section.
Therefore, the question is whether the price can be maintained above 26574.53 (up to 26013.28).
The 28465.36-28923.63 section is a volume profile section formed on the 1M chart.
Therefore, if the price rises above this range and maintains the price, the possibility of continuing the upward trend is expected to increase.
If it falls below 26574.53 (up to 26013.28) and appears to be resisting, it is expected to fall around 23141.57, so a countermeasure is needed.
29K or less falls under the long-term perspective.
Therefore, I believe that you can earn great profits from a long-term perspective no matter where you buy at any point or in any section.
However, since it fell after rising above 29K, it is recommended to check the turn before proceeding with the purchase.
What does it really mean to check the way you turn?
Checking the turn is to see the trend change from the standard you set.
My criteria are the MS-Signal, HA-Low, and HA-High indicators displayed on the chart.
All other lines correspond to the support and resistance needed to trade.
Therefore, I think that one of the ways to check the turn is to see if the price is maintaining above the M-Signal and MS-Signal indicators on the 1M and 1W charts.
If you see these trend reversals, you will have a basis for creating a trading strategy.
Then, you can create a detailed trading strategy based on whether you are supported or resisted by the HA-Low and HA-High indicators.
The point where the current price is located is between the M-Signal and MS-Signal indicators on the 1M and 1W charts.
And, it is located between the HA-Low and HA-High indicators.
Thus, we can see that the section where the current price is located is located in the sideways section.
------------------------------------------
(BTCKRW chart)
The key is whether it can be supported around 35539000 and rise above 40674000-43761000.
The next volatility period is around May 15th.
------------------------------
- big picture
A full-fledged uptrend is expected to start when it rises above 29K.
This is the 81K-95K range that we expect to touch in the next bull market.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
Significance of Uptrend Line (1)Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
** Analysis of the BTC chart publishes new ideas once a week.
** However, we publish new ideas when volatility occurs or when we show signs of diverging from our expectations.
** Excluding the above situation, BTC analysis is listed as a daily update.
-------------------------------------
The reason why I explain the USDT, USDC, BTC.D, USDT.D chart first is that it is judged that the price change of coins (tokens) can be predicted to some extent if the overall money flow of the coin market is known.
(USDT chart)
(USDC chart)
(BTC.D chart)
(USDT.D chart)
USDT and USDC are still moving in opposite directions.
You have to look at the market thinking that BTC dominance will rise.
An increase in BTC dominance means that funds will be concentrated towards BTC.
So, regardless of whether BTC price rises or falls, altcoins will gradually move sideways or decline.
The volatility period on the USDT dominance chart is April 21-23.
Accordingly, it is necessary to check whether it can fall below the 6.85-7.28 section.
Otherwise, if it rises above 7.86-8.25, the coin market will fall further.
In particular, if USDT dominance also rises along with BTC dominance, altcoins are expected to record a larger decline than BTC.
Funds continue to flow into the coin market via USDT.
It is unknown when this inflow of funds will be utilized, but if it is utilized, I think the coin market will show sideways or rise.
In fact, the big question is whether I can endure until this transition occurs.
I think it depends on whether you can overcome the psychological anxiety and pressure caused by price volatility, whether you will finish the transaction with a profit or a loss.
Therefore, it is always necessary to trade to make one's psychological state stable.
In order to make your psychological state stable, you need to proceed with split trading.
---------------------------------------
(BTCUSDTPERP chart)
As a volume profile section is formed at the 28454.9 point on the 1M chart, the price cannot be maintained above 28454.9-28951.7 and is showing a decline.
However, since the price is located above the MS-Signal indicator on the 1M chart, it can be interpreted that it is still maintaining an upward trend from a long-term perspective.
However, since the HA-High indicator on the 1M chart is located at 43993.4, we expect that there will be a movement that will rise above the HA-High indicator or cause the HA-High indicator to fall.
In that sense, it is becoming important to keep the price above the M-Signal indicator on the 1M chart located around 25882.9.
The components of the MS-Signal indicator are M-Signal and S-Signal.
It can be difficult to understand as the names MS-Signal, M-Signal, and S-Signal are used interchangeably, but ultimately all three mean the same thing.
For example, to find out how the 1W or 1M chart's MS-Signal indicator is passing on the 1D chart, the M-Signal, which has an important meaning in the composition of the MS-Signal indicator, can be displayed on the 1D chart.
Therefore, when referring to M-Signal, be sure to indicate which time frame chart M-Signal is referring to to prevent confusion for others.
The method of displaying the volume profile point is indicated by a formula using the OBV indicator.
(1D chart)
Since it is above the uptrend line (1) that started near section A, it should be interpreted that it is still in an uptrend.
Since the M-Signal indicator of the 1M, 1W chart is passing below the upward trend line (1), that is, around 25882.9, it is necessary to check whether a sudden movement occurs when it falls below this area.
If this rapid move quickly rises above the uptrend line (1), i.e. above 26907.0 and shows support, you can proceed with an aggressive buy.
The resistance area of this aggressive buying is the 28454.9-28951.7 area, which corresponds to the volume profile.
The HA-Low indicator on the 1D chart is currently located at 21558.1.
We need to see if this pullback will push the HA-Low indicator higher, giving it the look it's about to create.
If the HA-Low indicator shows an uptrend and is about to be created, a full-fledged purchase is possible when there is support near that point.
However, since it is a purchase on the 1D chart, it is necessary to proceed with the purchase according to the short-term perspective.
I said that below BTC 29K is a long-term buy range.
This is valid.
However, since it rose above 29K and then fell, it is recommended to proceed with buying when the turn is confirmed.
It is difficult to misunderstand this part and think that since it fell below 29K, you should buy it when there is a big drop.
You must check the turn and proceed with the purchase.
Since funds are continuously flowing through USDT, it can be seen as FOMO in a way.
However, if funds continue to flow in, eventually the coin market is likely to show an upward trend, so you should focus on finding the right time to buy.
However, it is essential to adjust the weighting as there is a possibility of limiting the rise of the coin market or causing a sharp decline due to the continuous decline of USDC.
(1h chart)
The explanation of the 1h chart is about trading in a short period of time that corresponds to scalping and same-day trading among the above.
In this story, whether BTC goes up or down is not the focus.
Therefore, you should not view and interpret this content with a mid- to long-term perspective.
'S2', 'SHORT' position entered near 28951.7-29242.2 closes at 26907.0.
If you touch the M-Signal indicator on the 1M, 1W chart, I will tell you about a new full-fledged position trading strategy.
-------------------------------------------
(BTCKRW chart)
The key is whether it can be supported around 35539000 and rise above 37585000.
Since the M-Signal indicator of the 1M, 1W chart is passing in section A, if it falls below 35539000, it is important to touch section A and rise.
The next volatility period is around May 15th.
------------------------------
- big picture
A full-fledged uptrend is expected to start when it rises above 29K.
This is the 81K-95K range that we expect to touch in the next bull market.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
To be supported is...Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
** Analysis of the BTC chart publishes new ideas once a week.
** However, we publish new ideas when volatility occurs or when we show signs of diverging from our expectations.
** Excluding the above situation, BTC analysis is listed as a daily update.
-------------------------------------
The reason why I explain the USDT, USDC, BTC.D, USDT.D chart first is that it is judged that the price change of coins (tokens) can be predicted to some extent if the overall money flow of the coin market is known.
(USDT chart)
(USDC chart)
(BTC.D chart)
(USDT.D chart)
It seems that funds are continuously flowing into the coin market through USDT.
Therefore, the coin market is likely to remain in an uptrend.
However, since USDC is maintaining a downward trend, there is a possibility that the coin market's upward trend may be limited or a sharp decline may occur.
Any such restrictions or plunges are expected to serve to increase new buying.
BTC dominance touches around 48.80 and is declining.
The next period of volatility is around April 27th and we need to see if it touches around 46.76 and rises along the uptrend line.
The decline in BTC dominance can be interpreted as money being concentrated towards altcoins.
At this time, it is important to check whether BTC is supported or resisted at support and resistance points.
If USDT dominance declines, the coin market as a whole is likely to show an uptrend.
Whether it is an uptrend led by BTC or an altcoin can be known only by checking the movement of BTC dominance together.
---------------------------------------
(BTCUSDT chart)
(1W chart)
Support and resistance points are forming at 30304.65.
So, the key is whether it can get support around 30304.65 and rise above 32259.90.
If not, you should check for support around 26574.53.
(1D chart)
On the current chart, the volatility period is only around April 23rd.
Therefore, the period of volatility beyond April 23rd is not yet available.
Since the HA-High indicator on the 1D chart created at the 30184.24 point, it would be good to see support around 30184.24 until at least April 21st.
Support on the HA-High indicator means that it is likely to renew the recent highs, so a rise around 32259.90 is expected.
If it does not and is resisted, there is a possibility that it will basically fall to the vicinity of the HA-Low indicator, so you need to think about countermeasures against this.
As I said in the Market Cap chart analysis, since funds are continuously flowing into the coin market, we need to look at the chart from the perspective that it will maintain an upward trend.
However, if the price is holding above the MS-Signal indicator, you should try to find a time to split and sell.
Conversely, when it falls below the MS-Signal indicator, you should try to find a time to split and buy.
Even if the price is located above the MS-Signal indicator, when it shows support near the HA-Low, HA-High indicators or near important support and resistance points, you should think about whether you can make a profit by proceeding with aggressive buying.
It is better not to make such aggressive purchases unless you are comfortable with day trading.
This is because the psychological burden that begins as you proceed with the purchase can lead to trading in the wrong direction, turning what was in profit into a loss.
-------------------------------------------
(BTCKRW chart)
The key is whether it can be supported around 39579000 and rise above 40674000.
If not, you should check for support around 37585000.
Since the 39579000 point is the point of the HA-High indicator on the 1D chart, it can be said that being supported at this point is likely to renew the previous high.
However, if resisted, it is basically possible to fall to the vicinity of the HA-Low indicator on the 1D chart, so you need to think about countermeasures against this.
------------------------------
- big picture
A full-fledged uptrend is expected to start when it rises above 29K.
This is the 81K-95K range that we expect to touch in the next bull market.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
Whether it can rise above 30181.8 is importantHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
** Analysis of the BTC chart publishes new ideas once a week.
** However, we publish new ideas when volatility occurs or when we show signs of diverging from our expectations.
** Excluding the above situation, BTC analysis is listed as a daily update.
-------------------------------------
The reason why I explain the USDT, USDC, BTC.D, USDT.D chart first is that it is judged that the price change of coins (tokens) can be predicted to some extent if the overall money flow of the coin market is known.
(USDT chart)
(USDC chart)
(BTC.D chart)
(USDT.D chart)
USDT is still in an uptrend and USDC is in a downtrend.
Accordingly, the coin market is likely to continue its upward trend.
However, due to the continued decline of USDC, there is a possibility that the range of increase may be limited or a sharp decline may occur.
This move is expected to create a market that could attract new buyers.
You have to look at the market thinking that BTC dominance will rise.
So, regardless of whether BTC price rises or falls, altcoins will gradually move sideways or decline.
A drop in USDT dominance is likely to lead to a rise in the coin market.
It is necessary to check if it can fall below 6.21 along the downtrend line (2) around April 22 (April 21-23), which is the volatility period of the USDT dominance chart.
Otherwise, if it rises above the upward trend line (1) or above 6.85, it is judged that there is a possibility of a sharp decline in the coin market.
---------------------------------------
(BTCUSDTPERP chart)
(1W chart)
It is good to publish the contents of the trend line and the volatility period display separately as an idea, but I added it to the BTC analysis with the intention of providing more informative information to those who consistently see my ideas.
The trend line is created by connecting the vicinity of the vertices of the StochRSI indicator in the 'Strength' indicator, which is an indicator.
However, it is only drawn on 1M and 1W charts.
If you draw as above on a 1D chart, you can display a trend that can be used by those who trade day trading.
To take advantage of this, you can check it on the time frame chart you are trading, that is, the 4h, 1h, 30m, and 15m charts.
So, unless you are doing day trading, you don't need to draw a trend line on a 1D chart.
The settings for StochRSI are 14, 7, 3, 3 (RSI, Stoch, K, D).
You can connect the low points of the points corresponding to the vertices of the low points of the StochRSI indicator.
However, the openings of the falling candlesticks near the peaks are drawn by connecting them.
You can refer to the circled candlestick and the StochRSI indicator.
If possible, the peaks of the highs connect to points with a StochRSI value of 50 or greater, and the vertices of the lows connect to points with StochRSI values of 50 or less.
Then, the intersection point of the horizontal line formed by the indicator drawing the support and resistance points included in the HA-MS indicator is designated as volatility.
However, when defining the volatility period, priority is given in the order of 1M > 1W > 1D chart.
In order to make the indicators that others create your own, you must invest a lot of time and observe them.
If you use it right away without such a process, you need to be careful because it can lead to wrong transactions.
(1D chart)
The HA-High indicator on the 1D chart was created at 30181.8 and fell below that point.
Therefore, it is important to be supported near the MS-Signal indicator and to be able to rise above 30181.8.
If it falls below 28951.7, there is a possibility of a decline around 26907.0-27656.1, so you need to think about how to deal with it.
Since a volume profile section is being formed around 28454.9 on the 1M chart, there is a possibility that it will touch around 28454.9 and rise.
If this time it rises above 30181.8 and holds the price, it is expected to rise above 32275.6.
If it rises above 28951.7 and then falls below 28951.7, it is good to see how it turns.
Because the 28951.7 point is the stop loss point for the 32275.6-37243.4 section.
(1h chart)
The explanation of the 1h chart is about trading in a short period of time that corresponds to scalping and same-day trading among the above.
In this story, whether BTC goes up or down is not the focus.
Therefore, you should not view and interpret this content with a mid- to long-term perspective.
By touching 5EMA on the 1D chart, the position entry section that requires quick response has been changed.
- 'LONG' position that requires quick response
1. Entry: 30000.5-30181.8
2. 1st: around 30971.3
3. Close of trade: around 32275.6
- 'SHORT' position that requires quick response
1. Entry: 28951.7-29242.2
2. 1st: Around 28454.9
3. Secondary: around 27656.1
4. Trade close: around 26907.0
The previous full position entry is still valid.
-------------------------------------------
(BTCKRW chart)
The HA-High indicator on the 1D chart was created at 39579000 and fell.
Therefore, it is necessary to check the flow for at least 1-3 days.
If it drops below 37585000 during the flow check, it could touch around 35539000, so you need to think about countermeasures against it.
If price continues to rise above 39579000, I would expect a rise around 43791000.
------------------------------
- big picture
A full-fledged uptrend is expected to start when it rises above 29K.
This is the 81K-95K range that we expect to touch in the next bull market.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
Check whether the HA-High indicator of the 1D chart is createdHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
** Analysis of the BTC chart publishes new ideas once a week.
** However, we publish new ideas when volatility occurs or when we show signs of diverging from our expectations.
** Excluding the above situation, BTC analysis is listed as a daily update.
-------------------------------------
The reason why I explain the USDT, USDC, BTC.D, USDT.D chart first is that it is judged that the price change of coins (tokens) can be predicted to some extent if the overall money flow of the coin market is known.
(USDT chart)
(USDC chart)
(BTC.D 1W chart)
(USDT.D 1D chart)
It seems that funds are continuously flowing into the coin market through USDT.
Therefore, the coin market is likely to remain on the uptrend.
However, since USDC is maintaining a downward trend, there is a possibility that the coin market's upward trend may be limited or a sharp decline may occur.
Any such restrictions or plunges are expected to serve to increase new buying.
BTC dominance touches around 48.80 and is declining.
The next period of volatility is around April 27th and we need to see if it touches around 46.76 and rises along the uptrend line.
The decline in BTC dominance can be interpreted as money being concentrated towards altcoins.
At this time, it is important to check whether BTC is supported or resisted at support and resistance points.
If USDT dominance declines, the coin market as a whole is likely to show an uptrend.
Whether it is an uptrend led by BTC or an altcoin can be known only by checking the movement of BTC dominance together.
---------------------------------------
(BTCUSDT chart)
The volatility periods shown on the chart are formed by support and resistance points and the intersections of the trend lines.
Support and resistance points are formed by the indicators supported on this chart, and trend lines are formed by the StochRSI indicator.
For example, the volatility period around April 23 shown on the 1D chart marks the intersection of the support and resistance points on the 1W chart at 26574.53 and the uptrend line drawn on the 1W chart (1).
Most of the time when we talk about volatility, we often refer to volatility as the day when an issue such as a big issue or an announcement of an economic indicator occurred.
However, I don't think it's a good idea to set a volatility period for such an issue, because charts sometimes move before or after that.
Because charts reflect the psychology of investors, they sometimes move faster than expected and fluctuate more than expected.
(1W chart)
The key is whether it can rise above 32259.90 and be supported.
If it fails to rise above 32259.90, it should check for support around 26574.53.
Since the slope of the StochRSI indicator in the 'Strength' indicator has changed, we need to see if it turns from an uptrend to a downtrend following this week's price movements.
(1D chart)
As the price fluctuated, the HA-High indicator on the 1D chart seemed to be created at the 29916.79 point, but now it appears to be formed at the 27662.82 point.
Therefore, when BTC falls to or below 30105.25, if the HA-High indicator on the 1D chart is newly created, it is important to check whether it is supported near the point where it was created.
Being supported by the HA-High indicator means that it is highly likely to renew the recent high.
Therefore, if the HA-High indicator is newly created and supported by this decline, it means that it is time to buy in the short term.
However, if the HA-High indicator falls without being supported, there is a possibility of a sharp decline, so it is very important to check whether it is supported or resisted.
If it rises above the 32259.90-37253.81 section, it is expected to show a full-fledged upward trend.
Therefore, the 32259.90-37253.81 area is a very important support and resistance area.
The stop loss for this segment is between 28465.36 and 28923.63.
Therefore, if the HA-High indicator on the 1D chart is newly created and it is confirmed that it is supported at that point, it is possible to buy in the short term, but the first selling section is 32259.90-37253.81.
It is recommended to check whether to sell based on whether it can rise above the 34197.22-35045.0 section, which can be said to be the middle section of the 32259.90-37253.81 section.
If it rises and shows support, then I think it is possible to buy to earn profits from a full-fledged uptrend.
At this time, do not forget the stop loss point mentioned above.
------------------------------------------
(BTCKRW chart)
The HA-High indicator on the 1D chart is about to be created at the 35979000 point.
If the HA-High indicator is created at 35979000, the key is whether it can be supported and rise around 35979000.
If it declines around 35979000, you should check for support around 37585000.
------------------------------
- big picture
A full-fledged uptrend is expected to start when it rises above 29K.
This is the 81K-95K range that we expect to touch in the next bull market.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
Rise to critical stop-loss zoneHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
** Analysis of the BTC chart publishes new ideas once a week.
** However, we publish new ideas when volatility occurs or when we show signs of diverging from our expectations.
** Excluding the above situation, BTC analysis is listed as a daily update.
-------------------------------------
The reason why I explain the USDT, USDC, BTC.D, USDT.D chart first is that it is judged that the price change of coins (tokens) can be predicted to some extent if the overall money flow of the coin market is known.
(USDT chart)
(USDC chart)
(BTC.D chart)
(USDT.D chart)
USDT chart has changed.
It is showing a completely different picture from USDT's previous chart (), but it seems to be maintaining an uptrend.
USDC has been showing signs of stopping its decline and moving sideways since around April 3rd.
As a result, BTC rose above 29K.
You have to look at the market thinking that BTC dominance will rise.
An increase in BTC dominance means that funds will be concentrated towards BTC.
Therefore, regardless of whether BTC price rises or falls, altcoins will gradually move sideways or decline.
On the USDT dominance chart, you need to see if it can fall below the downtrend line (2) and uptrend line (1).
If not, USDT dominance is expected to show an uptrend.
Therefore, we need to keep a close eye on movements that deviate from the 6.85-7.27 range.
On the USDT dominance chart, we need to see if we can find resistance by falling below the uptrend line (1) around April 12 (April 11-13).
---------------------------------------
(BTCUSDTPERP chart)
(1D chart)
It broke above the 28454.9 point, the volume profiel point being created on the 1M chart.
Accordingly, the key is whether it can be supported in the 28951.7-30000.5 section and rise above 32275.6.
If it rises around 32275.6 and then falls below 28951.7, the stop loss at 28951.7 will be.
We must not forget this.
The 32275.6-37243.4 section is an important support and resistance zone where the full-scale uptrend begins.
Therefore, a rise above the 32275.6-37243.4 range means that the uptrend for next year's BTC halving has begun.
However, since it can be seen that a full-fledged uptrend has begun when it rises above the point of the HA-High indicator on the 1M chart, I think it is highly likely that the HA-High indicator will fall.
Therefore, it is necessary to think that an up and down swinging section will be formed and to think about countermeasures.
(1h chart)
The explanation of the 1h chart is about trading in a short period of time that corresponds to scalping and same-day trading among the above.
In this story, whether BTC goes up or down is not the focus.
Therefore, you should not view and interpret this content with a mid- to long-term perspective.
As it rose above 28951.7, the entry into the 'LONG' position began in earnest. (black text)
In addition, as it rose above 28454.9, the 'LONG' position, which required a quick response, began entering. (red text)
Therefore, no matter which trading method you trade, the important point when trading with a 'LONG' position is around 32275.6.
If it fails to rise and falls and touches 5EMA on the 1D chart, it is better to sell some or close the trade and watch the situation.
-------------------------------------------
(BTCKRW chart)
You need to keep the price above 37585000 and see if it can rise above 40674000-43761000.
The next volatility period is around April 17th.
------------------------------
- big picture
A full-fledged uptrend is expected to start when it rises above 29K.
This is the 81K-95K range that we expect to touch in the next bull market.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
The volume profile section being created on the 1M chartHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
** Analysis of the BTC chart publishes new ideas once a week.
** However, we publish new ideas when volatility occurs or when we show signs of diverging from our expectations.
** Excluding the above situation, BTC analysis is listed as a daily update.
-------------------------------------
The reason why I explain the USDT, USDC, BTC.D, USDT.D chart first is that it is judged that the price change of coins (tokens) can be predicted to some extent if the overall money flow of the coin market is known.
(USDT chart)
(USDC chart)
(BTC.D 1W chart)
(USDT.D 1D chart)
It is showing sideways after USDT volatility.
USDC has been showing signs of stopping its decline and moving sideways since around April 3rd.
If USDT maintains its upward trend, the coin market is expected to continue its upward trend.
However, I think that the increase can be increased only when USDC turns into an upward trend.
If you look at the USDT chart, you can see that it will rise to around the previous high.
Therefore, it can be said that the coin market's funds are almost recovered.
However, due to the decline of USDC, I don't think the coin market has entered a full-fledged uptrend yet.
You have to look at the market thinking that BTC dominance will rise.
An increase in BTC dominance means that funds will be concentrated towards BTC.
Therefore, regardless of whether BTC price rises or falls, altcoins will gradually move sideways or decline.
On the USDT dominance chart, you need to see if it can fall below the downtrend line (2) and uptrend line (1).
If not, USDT dominance is expected to show an uptrend.
Therefore, we need to keep a close eye on movements that deviate from the 6.85-7.27 range.
---------------------------------------
(BTCUSDT chart)
(1W chart)
If the price holds around 26574.53, I would expect a move above 32259.90.
However, as the HA-High indicator rises, the possibility of being created is increasing.
Therefore, if the HA-High indicator moves and is created, it is necessary to check whether it is supported or resisted near that point.
Looking at the 1M chart, a volume profile is formed around 28923.63.
As it rises around 28923.63 this time, a volume profile section is being formed again at the 28465.36 point.
So, the question is whether the price can sustain it by rising above 28465.36-28923.63.
(1D chart)
The volume profile section mentioned in the description of the 1W chart is displayed on the chart.
We need to check if we can break through the volume profile section that is being created over the 28465.36-28923.63 section.
The remaining volatility period is until April 11th.
It can be seen that the current trading volume of this chart, the BTCUSDT chart, has sharply decreased.
Therefore, if this sideways sideways is prolonged, it is expected that fear will build up in the market.
The MS-Signal indicator is rising to around 27662.82.
So, if it fails to rise above 28465.36-28923.63 and sees frequent dips around 27662.82, I would expect a decline around 26574.53.
(BTCUSD chart)
Binance charts are showing sharp volume declines, so let's take a look at TradingView's index charts to see the overall volume distribution.
It can be seen that the trading volume is gradually decreasing.
So, it will be a matter of whether there is a move out of the 26565.12-29234.0 zone during this sideways period.
------------------------------------------
(BTCKRW chart)
The question is whether the price can sustain its rise above 37585000.
If not, you need to check if the price stays around 36412000.
if it goes down,
1st: 35539000
2nd : 31024000-32042000
You need to make sure that it is supported in the vicinity of the 1st and 2nd above.
------------------------------
- big picture
A full-fledged uptrend is expected to start when it rises above 29K.
This is the 81K-95K range that we expect to touch in the next bull market.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
Pay attention to the future impact of USDT volatilityHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
** Analysis of the BTC chart publishes new ideas once a week.
** However, we publish new ideas when volatility occurs or when we show signs of diverging from our expectations.
** Excluding the above situation, BTC analysis is listed as a daily update.
-------------------------------------
The reason why I explain the USDT, USDC, BTC.D, USDT.D chart first is that it is judged that the price change of coins (tokens) can be predicted to some extent if the overall money flow of the coin market is known.
(USDT chart)
(USDC chart)
(BTC.D chart)
(USDT.D chart)
The Market Cap charts (USDT, USDC, BTC.D, USDT.D) introduced above are charts that give you a rough idea of the flow of funds in the coin market.
The most important of these is the movement on the USDT chart.
USDT is one of the stablecoins supported by all exchanges around the world.
That means that there are quite a few exchanges supporting the USDT market.
Funds flow in and out of the coin market through USDT and USDC.
In particular, the rise and fall of USDT has a great influence on the flow of funds in the coin market.
The volatility of USDT is likely to have a large impact on the coin market, so it is necessary to look carefully.
Thus, by analogy with roads,
USDT and USDC mean road width.
The larger the road width, the more cars can pass at the same time.
Therefore, USDT and USDC should keep rising while creating a gap.
If you look at the USDT 1M chart, you can see that it has risen to the previous high.
So, you can see that the funds have mostly been recovered.
The BTC.D, USDT.D chart is like the speed of a car.
No matter how fast the cars are, if the road width is narrow, the cars will inevitably slow down due to congestion.
Therefore, in the big picture, it can be seen that USDT and USDC are ahead of BTC.D and USDT.D.
We are sensitive to all kinds of articles and announcements and use them to predict the coin market.
However, nothing can be done with just these articles and announcements.
Therefore, rather than that, you should check how your funds are moving and proceed with transactions in the direction in which your funds are moving.
Since the flow of funds may show different movements such as articles or announcements, it will be of great help in actual trading.
Therefore, it is more important to check the movement of funds than the announcement of economic indicators.
As mentioned above, USDT has almost recovered its previous fund size.
In other words, you have the money you need to rise.
This should not be overlooked.
---------------------------------------
(BTCUSDTPERP chart)
(1D chart)
It is necessary to check whether there is movement outside the maximum range of 25882.9-30000.5.
To do so, it is important to be supported and able to rise around 27656.1.
The MS-Signal indicator is designed to see trends.
Therefore, if the price is above the MS-Signal indicator, it is likely to continue its uptrend.
As the price moves sideways, we expect it to cross over with the MS-Signal indicator before long.
At this time, the trend may change depending on whether it is supported or resisted, so you need to keep an eye on the movement.
If it falls below 27102.7-27656.1, you should touch the uptrend line (1), near the M-Signal on the 1M chart and see if it can rise.
As I said in the Market Cap chart description above, USDT is almost back in its fundraising state.
Therefore, if the price is maintained in the current section, it is expected to rise above 30000.5.
The important thing in chart analysis is the trend.
However, it is the points of support and resistance that are important to any trading strategy.
No matter how well you match the trend, you should spend more time creating a trading strategy because if you don't create a good trading strategy, you will most likely fail the trade.
trading strategy
1. Investment period
2. Investment scale
3. Transaction method and profit realization method
Must be made according to #1-3 above.
(1h chart)
The explanation of the 1h chart is about trading in a short period of time that corresponds to scalping and same-day trading among the above.
In this story, whether BTC goes up or down is not the focus.
Therefore, you should not view and interpret this content with a mid- to long-term perspective.
You are currently walking sideways in 'L2', 27656.1-27347.5.
However, since the full-fledged position entry range is 26907.0-28951.7, it is expected that a trend will be formed only when it is out of this range.
Therefore, the 26907.0-28951.7 section is a box section with high leverage.
If you touch the M-Signal indicator on the 1D chart, volatility is expected to occur, so be careful when trading.
- Full-fledged 'LONG' position (black letters)
- Full-fledged 'SHORT' position (black letters)
-------------------------------------------
(BTCKRW chart)
The question is whether the price can sustain its rise above 37585000.
If not, you need to check if the price stays around 36412000.
The next volatility period is around April 17th.
------------------------------
- big picture
A full-fledged uptrend is expected to start when it rises above 29K.
This is the 81K-95K range that we expect to touch in the next bull market.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
Significance of the 28923.63-26574.53 sectionHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
The reason why I explain the USDT, USDC, BTC.D, USDT.D chart first is that it is judged that the price change of coins (tokens) can be predicted to some extent if the overall money flow of the coin market is known.
(USDT chart)
(USDC chart)
(BTC.D 1W chart)
(USDT.D 1D chart)
Still, USDT and USDC are moving in opposite directions.
When USDT rises, the coin market is likely to rise.
However, caution should be exercised as USDC's continued decline may limit its rise or lead to a sharp decline.
You have to look at the market thinking that BTC dominance will rise.
An increase in BTC dominance means that funds will be concentrated towards BTC.
Therefore, regardless of whether BTC price rises or falls, altcoins will gradually move sideways or decline.
We need to see if the USDT dominance can break away from the uptrend line (1) and the downtrend line (2).
In particular, it is necessary to check whether it is out of the 6.85-7.27 range.
Since USDT dominance is currently moving sideways, it can be seen that the overall movement of the coin market is moving sideways.
---------------------------------------
(BTCUSDT chart)
(1W chart)
The question is whether it can hold the price around 26574.53 and rise above 32259.90.
If it falls below 26574.53, you should check for support around 20862.47, i.e. near the HA-High indicator.
Keeping the price above the M-Signal indicator on the 1M chart means that there is a high probability of continuing the uptrend from a long-term trend perspective.
(1D chart)
It is important to keep the price above 26574.53 (26013.28-27079.41) and rise above 28923.63.
To do that, we need to make sure it has support around 27662.82.
Since it is sideways, I expect it to move similarly until it breaks out of the 26013.28-28923.63 zone.
The next volatility period is on or around April 7th, so you need to check beforehand to see if there is any movement away from the 26013.28-28923.63 area.
As BTC dominance rises, the difference between the BTC price and the price movement, or slope, of altcoins will increase.
Therefore, it is BTC or ETH that we should pay attention to right now because the purchase of altcoins is possible until the BTC price is around 43K.
This is because these two coins are the time to focus on buying in preparation for the BTC halving next year.
------------------------------------------
(BTCKRW chart)
The question is whether the price can sustain its rise above 37585000.
If not, you need to check if the price stays around 36412000.
if it goes down,
1st: 35539000
2nd : 31024000-32042000
You need to make sure that it is supported in the vicinity of the 1st and 2nd above.
The volatility period runs through April 3rd.
------------------------------
- big picture
A full-fledged uptrend is expected to start when it rises above 29K.
This is the 81K-95K range that we expect to touch in the next bull market.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
🔥 Stable coin Landscape Changed Drastically In 2023In this analysis I want to shed some lights on the top 3 biggest stable coins and how their relationships changed in 2023.
First of all, it's natural for stable coin marketcaps to decrease during bear markets. Investors are leaving the space and exchange their stables for fiat. This is something we've seen for the better part of 2022.
However, things changed in 2023.
- 13th of Feb: Binance and PAXOS (the issuer of BUSD) got hit by the SEC (U.S. Securities and Exchange Commission), which led to no more BUSD being minted. In turn, this has led to BUSD holders to convert their stables to both USDT and USDC, which saw a significant up tick in their marketcap. Basically, BUSD is a dead coin at the moment and will inevitably go to a marketcap of zero.
- 10th of March: USDC depegged from HKEX:1 during the depths of the banking crisis because it had funds in SVB. USDC quickly repegged, but trust has been damaged to such an extent that investors dumped their USDC and moved to USDT.
In the end, I think that USDT is the big 'winner' of the stables. It was the first, the biggest and apparently the safest. In my eyes, there's little reason to have any other stable than USDT, since it has clearly shown resilience over other big stables. In addition, I think that the market will gradually move towards having only 1 stable coin, it being USDT.
What is your preferred stable coin, and why? Share your thoughts 🙏
Start of new monthHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
The reason why I explain the USDT, USDC, BTC.D, USDT.D chart first is that it is judged that the price change of coins (tokens) can be predicted to some extent if the overall money flow of the coin market is known.
(USDT chart)
(USDC chart)
(BTC.D chart)
(USDT.D chart)
USDT is trending higher, while USDC is trending lower.
When USDT rises, the coin market is likely to rise.
However, caution should be exercised as USDC's continued decline may limit its rise or lead to a sharp decline.
We need to see if USDT dominance can fall below the uptrend line (1).
---------------------------------------
(BTCUSDTPERP chart)
(1M chart)
As new candles are created, we will update you again.
The question is whether the price can sustain its rise above 28951.7.
If that happens, the chances of the MS-Signal indicator turning into a bullish sign will increase.
Then, from a trend perspective, it is expected to continue its long-term uptrend.
When a new candlestick is created, it is necessary to check the value of the RSI indicator.
This is because it is related to the HA-High indicator.
This is because if the price maintains by rising above the HA-High indicator, it is more likely to renew the recent high from a trading perspective.
The StochRSI indicator is moving up into the overbought zone, so you should check to see if it is showing signs of exiting the overbought zone.
(1W chart)
Compared to the movement of the 1M chart, both the trend and trading perspectives are showing an upward trend.
Therefore, the possibility of continuing the upward trend has increased from a mid- to long-term perspective.
However, if it rises above 32275.6 and maintains the price, it is expected to start a full-fledged uptrend.
There are so many volume profile sections, so the key is whether it can break through upwards.
(1D chart)
The question is whether it can hold the price above 27656.1 and move higher above 28951.7.
If not,
1st: 25882.9
2nd: 24294.1
3rd: 22421.2
You need to make sure it is supported in the vicinity of the 1st-3rd order.
The 28951.7 point is the stop loss in the 32275.6-37243.4 section.
Therefore, holding the price above the actual 28951.7 indicates that a full-fledged uptrend is likely to begin.
If the price fails to hold above 28951.7, it is expected to turn into a short-term downtrend and you should think about how to respond.
If BTC dominance continues to rise along with BTC's rise, there is a possibility that altcoins may gradually move sideways or decline.
This is a phenomenon that occurs when funds are concentrated in BTC, so we expect it to create an opportunity to proceed with the secondary purchase of altcoins.
This trend is likely to continue until around 43K.
(1h chart)
The description of the 1h chart refers to trading in a short period of time that corresponds to scalping and same-day trading among the above.
In this story, whether BTC goes up or down is not the focus.
Therefore, you should not view and interpret this content with a mid- to long-term perspective.
- 'LONG' position that requires quick response entered near 'L2', 27656.1-28347.5 (marked in red letters)
1st: 28951.7-30000.5
2nd: around 30971.3
Trade close: around 32275.6
- Possible to enter 'SHORT' position, which requires quick response when falling after receiving resistance around 'S2', 26907.0-27102.7
1st: Around 25882.9
End of transaction: Around 24294.1
However, if you touch M-Signal, it is recommended to sell some or close the transaction to confirm profits.
The trading strategy for entering a full-fledged position will be explained again when you touch the M-Signal indicator on the 1D chart.
What is shown in the current chart is the previous one, and it is displayed for those who are holding existing positions.
-------------------------------------------
(BTCKRW chart)
The question is whether the price can sustain its rise above 37585000.
If not, you need to check if the price stays around 36412000.
The next volatility period has been moved to around April 2nd.
------------------------------
- big picture
A full-fledged uptrend is expected to start when it rises above 29K.
This is the 81K-95K range that we expect to touch in the next bull market.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
Creating a platform for an uptrend turnaround on the 1M chartHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
The reason why I explain the USDT, USDC, BTC.D, USDT.D chart first is that it is judged that the price change of coins (tokens) can be predicted to some extent if the overall money flow of the coin market is known.
(USDT chart)
(USDC chart)
(BTC.D 1W chart)
(USDT.D 1D chart)
USDT is trending higher, while USDC is trending lower.
When USDT rises, the coin market is likely to rise.
However, caution should be exercised as USDC's continued decline may limit its rise or lead to a sharp decline.
BTC dominance is expected to continue to rise.
Therefore, when BTC dominance rises to around 50.49, you should check the position of BTC.
Currently, it is showing resistance around 47.64-48.80.
The reason why BTC dominance should rise could be the BTC halving next year.
Also, this is because the rise in BTC dominance will be an opportunity to revitalize the coin market.
The rise in BTC dominance can only tell you the degree to which funds are concentrated towards BTC or altcoins, but cannot be used to predict price movements.
Therefore, to see the price volatility of the coin market, you need to check the USDT dominance.
It can be interpreted that a drop in USDT dominance is highly likely to lead to an increase in the coin market.
The volatility period runs through March 31st.
---------------------------------------
(BTCUSDT chart)
(1M chart)
We need to see if we can move above 28923.63 and keep the price above the MS-Signal indicator.
Keeping the price above the MS-Signal indicator is important because from a trend perspective, it is expected to continue the uptrend.
What is important to look at on the 1M chart is when the HA-High indicator will decline.
To do so, the RSI indicator (Closing price of Heikin Ashi) must enter the overbought zone.
Due to the rise in March, we need to see what happens to the value of the RSI indicator in April.
The current position of the HA-High indicator is 43823.59.
Therefore, it may rise as it is and rise to around 43823.59, but since I think that is unlikely, the HA-High indicator is expected to show a decline.
When the price rises above the HA-High indicator on the 1M chart and maintains the price, it is expected that the full-fledged upward trend for next year's upward growth will begin.
In this full-fledged uptrend, it is expected that altcoins will gradually fail to follow the rise of BTC and either sideways or decline.
Therefore, you should pay attention to the change in slope.
This move is likely to continue around 43K, so you should take advantage of it when trading altcoins.
(1W chart)
You need to check the shape of the candle.
The current shape of the candle is the shape of a doji candle.
Accordingly, it becomes important whether it is supported around 26574.53.
If it falls below 26574.53, there is a possibility of falling to the vicinity of the HA-High indicator.
(1D chart)
If it finds support around 27662.82, it is likely to continue its uptrend.
So, the question is whether it can hold the price above 27662.82 and rise above 28923.63.
If not,
You need to make sure it is supported around 26574.53 (26013.28-27079.41).
Section 28923.63-30105.25 corresponds to Section C.
If it rises to this section C, it can be interpreted that it is completely out of the bottom section.
However, it is necessary to confirm whether the price will be maintained above section C.
If you ascend to section C, you can see that the bottom section was made over a period of about a year.
If you fail to ascend, there is a possibility of falling to the vicinity of section B, so you should think about countermeasures against this.
------------------------------------------
(BTCKRW chart)
The question is whether the price can sustain its rise above 37585000.
If not, you need to check if the price stays around 36412000.
if it goes down,
1st: 35539000
2nd : 31024000-32042000
You need to make sure that it is supported in the vicinity of the 1st and 2nd above.
The next volatility period has been moved to around April 2nd.
------------------------------
- big picture
A full-fledged uptrend is expected to start when it rises above 29K.
This is the 81K-95K range that we expect to touch in the next bull market.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------