Live the last hope! Can the funds still come in... (Day 4)Hello?
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-------------------------------------
(USDT 1D chart)
(USDC 1D chart)
We need to see if the gap rise of USDT and USDC can continue to occur.
(BTC.D 1D chart)
We need to see the movement between December 4th and 6th, which is the volatility period.
(USDT.D 1D chart)
The question is whether it can find resistance at 8.11-8.22 and drop below 7.86.
---------------------------------------
(BTCUSDTPERP 1D Chart)
It is showing resistance at 17170.0.
The question is whether it can move above the trend-based Fibonacci extension point of 1.27 (16984.9) and turn the MS-Signal indicator into a bullish sign.
If not, the question is whether the price can be maintained above 16422.6.
If the increase in the gap between USDT and USDC is correct, it is seen as an inflow of funds from the coin market.
If funds start flowing into the coin market like this, it is expected to lead to a movement to rise above 17170.0.
The next period of volatility is around December 10th.
(1h chart)
The circled zones on the chart are important support and resistance zones.
If the price is maintained above the M-Signal line of the 1D chart and above 17170.0, the main position is 'LONG'.
Therefore, a quick response is required when entering the 'SHORT' position.
If it continues to decline, you should check for support in the 16580.6-16729.8 zone or around 16422.6.
If not, you should be cautious as there is a possibility of a pullback around 15908.2.
Funds are showing an inflow into the coin market, but as the USDT dominance rises, the coin market is showing a tendency to decline again.
In this movement, BTC dominance is showing a departure from the 39.56-40.44 range, which is likely to cause large volatility.
However, since we have entered the volatility period on the BTC dominance chart, it is necessary to check whether the USDT dominance meets resistance around 8.11-8.22.
If the price rises above 17170.0 and holds the price,
1st: 17670.0
2nd : 18374.1-18741.7
It is expected to show an upward trend in the vicinity.
At this time, what is needed to continue the upward trend is that new funds must be shown entering the coin market.
If it falls below 16422.6 and encounters resistance,
1st: 15908.2
2nd: 15328.7
3nd: 14824.3
You need to make sure that you are supported nearby.
So, no matter what, an upward move above 17170.0 would be necessary to continue this upward movement.
------------------------------
- big picture
I think you need to be supported in the 13K-15K section to get the power to rise.
Therefore, whether it is rising or falling from its current position, a short-term response is required.
A full-fledged uptrend is expected to start when it rises above 29K.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
Usdtdominance
A short-term uptrend turnaround! 17176.24 Requires Rise (Day 3)Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(USDT 1D chart)
(USDC 1D chart)
(BTC.D 1D chart)
Next period of volatility: Around December 5th
(USDT.D 1D chart)
In order for the coin market to show an upward trend, USDT dominance must fall.
So, the question is whether it can drop to around 7.86.
Next period of volatility: Around December 10th
-----------------------------------------
(BTCUSDT 1M Chart)
The closing price and opening price of the candlestick for December 2017-January 2018 on the 1M chart is formed around 13.7K.
Therefore, it is important to be able to climb with support in the 13.1K-15.9K section or higher.
In particular, since a new volume profile section is being formed around 20050.02, it is necessary to check whether the price can be maintained by rising above this point.
The volume profile section formed on the 1M chart is formed at 7011.21, 20050.02, and 28923.63.
Therefore, the nearest launch point for the uptrend from the current price range is around 20050.02.
(1W chart)
At the current price level, the trend-determining zones are the 13137.51-15916.68 and 27033.35-29812.52 zones.
So, if it finds support in the 13137.51-15916 section and starts to rise, it means that it is likely to see a big break again in the 27033.35-29812.52 section.
Based on the midpoint between the trend-determining sections, that is, around 21475.02, it can be divided into a lower sideways section and an upper sideways section.
Therefore, it can be seen that the price is currently maintaining the lower sideways range.
If the price continues to rise and this week's candlestick closes above 17.176.24, I would expect a new move to be seen.
The HA-Low line currently formed at 19518.59 seems likely to decline.
(1D chart)
It is currently showing support in the MS-Signal indicator on the 1D chart.
To clearly show this support, we need to see the price hold above 17176.24.
The support and resistance points of the RSI 20 indicator on the 1D chart are formed around 17572.33, so if it rises above the 17176.24-17572.33 section, it is likely to see a temporary surge.
With this temporary surge, we need to see if we can touch the downtrend line (1), 18353.11 point.
In any case, it can be seen that the 17176.24-17572.33 section plays an important support and resistance role on the 1M chart and 1D chart.
An attempt to break above the MS-Signal indicator, i.e. the support test, is expected to enter its third day.
So, I think the key is whether the candlestick on December 3 closes above 17176.24.
If such a move continues until around December 7th, I would expect a move to rise above 18353.11.
At 16428.78, the -100 indicator point is forming.
So, a break below 16428.78 is expected to reverse a short-term downtrend.
In this short-term downtrend, we need to see support at the 15475.10-15916.68 area.
If not, it is expected to renew the recent low.
Circled zones mark important support and resistance zones.
In this section, the trend may change depending on whether it is supported or resisted, so it is necessary to observe the movement carefully.
------------------------------
- big picture
I think you need to be supported in the 13K-15K section to get the power to rise.
Therefore, whether it is rising or falling from its current position, a short-term response is required.
A full-fledged uptrend is expected to start when it rises above 29K.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
A short-term uptrend turnaround! What need is... (Day 2)Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(USDT 1D chart)
(USDC 1D chart)
(BTC.D 1D chart)
(USDT.D 1D chart)
---------------------------------------
(BTCUSDTPERP 1D Chart)
In order to turn into an uptrend, the price must maintain the price above the HA-Low line and above the MS-Signal indicator.
To do so, the price needs to stay above the minimum trend-based Fibonacci extension point of 1.27 (16984.9).
If the MS-Signal indicator shows to hold the price above 17170.0 if possible until it turns into an uptrend, I would expect a reversal to the upside.
If the price of BTC falls below 16422.6, the price move can be considered a failure.
What is required for this movement is, above all, that the coin market must have good money flow.
If not, there is a possibility that it will be a one-time rise.
You can roughly see the flow of funds by looking at the USDT and USDC charts.
Currently, USDT is trending sideways and USDC is trending lower.
It is thought that the increase in the price of the coin market in this flow of funds is likely to be an increase to withdraw funds that have not escaped.
To dispel these doubts, USDT dominance should show signs of declining to around 7.27.
This is because the decline in USDT dominance is likely to lead to an uptrend in the coin market.
If the gap rises with USDT and USDC continue to emerge as the USDT dominance declines, I think the coin market will successfully turn to the uptrend.
If the money in the coin market is concentrated towards BTC, the possibility of leading the coin market to rise increases.
The reason is that it currently sits in the 39.56-40.44 zone, which is likely to generate large volatility.
Therefore, since ETH led the rise and raised the BTC price to an area where it is highly likely to turn upside down, BTC should now lead the uptrend.
Therefore, BTC dominance should show an upward movement above 40.44.
The next period of volatility is around December 10th.
(1h chart)
The circled zones on the chart are important support and resistance zones.
If the price is maintained above the M-Signal line of the 1D chart and above 17170.0, the main position is 'LONG'.
Therefore, a quick response is required when entering the 'SHORT' position.
The key is whether it can be supported by the M-Signal line on the 1D chart and rise above 17170.0.
If not, it is necessary to touch the HA-Low line point above 16580.6 and near the 5EMA line on the 1D chart and see if it can rise.
If support fails and falls below 16422.6, there is a possibility of a sharp decline as it will reverse this rise.
If the price rises above 17170.0 and holds the price,
1st: 17670.0
2nd : 18374.1-18741.7
It is expected to show an upward trend in the vicinity.
At this time, what is needed to continue the upward trend is that new funds must be shown entering the coin market.
If it falls below 16422.6 and encounters resistance,
1st: 15908.2
2nd: 15328.7
3nd: 14824.3
need to make sure that you are supported nearby.
------------------------------
- big picture
I think you need to be supported in the 13K-15K section to get the power to rise.
Therefore, whether it is rising or falling from its current position, a short-term response is required.
A full-fledged uptrend is expected to start when it rises above 29K.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
Bitcoin (BTC) - December 1Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(USDT 1D chart)
(USDC 1D chart)
(BTC.D 1D chart)
Rise of BTC Dominance: Concentrate funds towards BTC
Fall in BTC Dominance: Concentrate Funds towards Altcoins
Next period of volatility: Around December 5th
(USDT.D 1D chart)
In order for the coin market to show an upward trend, USDT dominance must fall.
So, the question is whether it can drop to around 7.86.
In a situation where the flow of funds is not very good, I think that the rise of the coin market is likely to be a rebound to further decline.
Therefore, you need to think of ways to reduce the number of coins (tokens) you own.
I think the point at which the coin market seems to be on the rise is when USDT dominance fell to around 7.27.
Therefore, at this time, if you do not see funds flowing into the coin market, you should be careful as you may not be able to continue the upward trend and form a high point.
-----------------------------------------
(BTCUSDT 1W chart)
If price maintains the 17176.24-17572.33 area, next week's Heikin Ashi candle is likely to open higher.
So, the question is whether the price can sustain it by moving above 17176.24.
If not, you should check for support around 15916.68.
Currently, the MS-Signal indicator on the 1W chart is located around 20050.02.
By next week, it is expected to drop to 19K.
Therefore, more upside or a longer time frame is needed to turn to the mid- to long-term uptrend.
(1D chart)
In order to turn into an uptrend on the 1D chart, the price must be maintained by rising above the HA-Low and above the MS-Signal indicator.
So, if it rises above 17176.24 and holds the price until the MS-Signal indicator turns into an upside sign, there is potential for an uptrend.
If not, you need to make sure it is supported in the 16428.78-16740.30 range or higher.
If we don't see any new money coming into the coin market, we think the downtrend line (1) is likely the point of maximum upside.
Therefore, it is necessary to check whether the gap rises with USDT and USDC.
Circled zones mark important support and resistance zones.
In this section, the trend may change depending on whether it is supported or resisted, so it is necessary to observe the movement carefully.
The next period of volatility is around December 7th.
This is the day when a new candlestick is created on the 1M chart.
Accordingly, the 1M chart will be uploaded as an idea update.
------------------------------
- big picture
I think you need to be supported in the 13K-15K section to get the power to rise.
Therefore, whether it is rising or falling from its current position, a short-term response is required.
A full-fledged uptrend is expected to start when it rises above 29K.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
USDT DOMINANCE: HOLDING THE 2ND SUPPORT LEVEL.Hello traders, here's an update on the USDT dominance in 8 hours timeframe.
This 8 hours chart looks interesting as the market is making some bullish moves. Recently, we saw the dominance getting rejected from the previous 8.16% support level (currently, a resistance). It dropped close to -5% in the last 24 hours but couldn't break down below the 7.9% support level. Now, this support is crucial for the dominance to hold on to because if this breaks, the USDT.D could drop as low as 7%. For now, the USDT dominance is bouncing back and the RSI is backing up this bounce. If the bounce continues then 8.18% is the resistance and after that, we can expect a drop. Breakout and close above the resistance will invalidate the rejection.
That's it for now. I hope this update was helpful to you. Make sure you like, share, and comment.
Thank you, guys, and trade safely.
All Eyes On USDT.D 👀Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
USDT.D has been bearish for the past 2 weeks. However, it is currently approaching support zone (7.9% - 8.1%)
For the bears to remain in control, we need a daily candle close below the 7.9%
In this case, further bearish movement would be expecting till the next support 7% and lower orange trendline. Thus further bullish movements would be expected for the crypto market.
Meanwhile, until the bears take over, the 7.9% is acting as support and hold the price upward.
If any bullish reversal setup is activated and/or if we break above the upper red trendline, then expect further bullish movement.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Bitcoin (BTC) - November 30Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(USDT 1D chart)
(USDC 1D chart)
(BTC.D 1D chart)
What the BTC dominance chart can tell you is whether funds are currently concentrated towards BTC or towards altcoins.
A drop in BTC dominance below 39.55 will increase the likelihood of sharp volatility.
(USDT.D 1D chart)
The decline in USDT dominance tells us that the coin market is likely to move up.
In this sense, the key is whether USDT dominance can fall below 7.86.
---------------------------------------
(BTCUSDTPERP 1D Chart)
A new support and resistance point is forming at 16422.6.
Therefore, the key is whether you can rise with support in the 16422.6-16729.8 section.
If not, you need to make sure you get support around 15908.2.
It is unknown what kind of movement will be made to gain the strength of the rise, but I think the important thing depends on the inflow of funds from the coin market.
If this week's candlestick closes with a lower candlestick, we expect more fresh volatility to begin.
At this time, the important thing is that new funds must continuously come in through USDT.
If it doesn't fall, but finds support near 16422.6-16729.8 and starts moving higher, I would expect it to touch the 17670.0-8741.7 section as a short-term bullish move.
The first hurdle to do so lies in whether the MS-Signal indicator can be broken upward.
The next period of volatility is around December 10th.
(1h chart)
The circled zones on the chart are important support and resistance zones.
If the price is below the M-Signal line on the 1D chart, the main position is 'SHORT'.
Therefore, a quick response is required when entering a 'LONG' position.
As the -100 indicator on the 1D chart began to form at 16422.6
It is judged that the 1.414 (16362.6, trend-based Fibonacci extension point) to 16729.8 has become a more important support and resistance zone.
Therefore, it is highly likely that the trend will continue to break out of this range, so be careful when entering a position.
If it rises above 16729.8, it is important to touch the M-Signal line on the 1D chart and find support at or above the 16580.6-16729.8 section.
If it rises above the M-Signal line on the 1D chart, it is expected to rise to around 17670.0.
If not, you should see support near 15908.2 leading to further declines.
If it falls below 16327.6,
1st: 15908.2
2nd: 15328.7
3nd: 14824.3
You need to make sure that you are supported nearby.
------------------------------
- big picture
I think you need to be supported in the 13K-15K section to get the power to rise.
Therefore, whether it is rising or falling from its current position, a short-term response is required.
A full-fledged uptrend is expected to start when it rises above 29K.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
Bitcoin (BTC) - November 29Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(USDT 1D chart)
(USDC 1D chart)
(BTC.D 1D chart)
A drop in BTC dominance means that money is being concentrated towards altcoins.
Therefore, be aware of the price volatility of BTC.
(USDT.D 1D chart)
In order for the coin market to show an upward trend, USDT dominance must fall.
So, the question is whether it can drop to around 7.86.
-----------------------------------------
(BTCUSDT 1D chart)
It is necessary to check whether there is movement out of the 15916.68-16590.54 section.
If the price stays above the HA-Low and above the MS-Signal indicator, we would expect it to rise above 17176.24 during the volatility period.
Circled zones mark important support and resistance zones.
In this section, the trend may change depending on whether it is supported or resisted, so it is necessary to observe the movement carefully.
Taking the BTC.D, USDT.D, BTCUSDT, and BTCUSDTPERP charts together, we expect the next period of volatility to span around November 22-28 (November 21-29).
------------------------------
- big picture
I think you need to be supported in the 13K-15K section to get the power to rise.
Therefore, whether it is rising or falling from its current position, a short-term response is required.
A full-fledged uptrend is expected to start when it rises above 29K.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If this chart is shared, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
USDT DOMINANCE: STILL UNDER THE SUPPORT.Hello traders, here's a quick update on USDT dominance.
We saw how the USDT.D made a sudden move lately and now it is dropping down again which means BTC and other altcoins are in green. Things may look good as the market is rallying up but let us not ignore the support that the dominance is holding. If the USDT.D breaks below the 8.18% support level, we may consider some good moves in the market.
If you are scalping this current market then it is better to book the profits as much as possible.
That's it for now. I will update more on it according to the market trend.
Trade safely.
Bitcoin (BTC) - November 28Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(USDT 1D chart)
(USDC 1D chart)
(BTC.D 1D chart)
What the BTC dominance chart can tell you is whether funds are currently concentrated towards BTC or towards altcoins.
A drop in BTC dominance below 39.55 will increase the likelihood of sharp volatility.
(USDT.D 1D chart)
The decline in USDT dominance tells us that the coin market is likely to move up.
In this sense, the key is whether USDT dominance can fall below 7.86.
During the volatility period, we need to see if it shows a hopeful move by falling below the 8.11-8.22 zone.
---------------------------------------
(BTCUSDTPERP 1D Chart)
The key is whether the price can rise above the HA-Low line and sustain the price.
Therefore, it is important whether it can rise above the 16580.6-16729.8 section.
The overall volatility period on the BTC.D, BTCUSDT and BTCUSDTPERP charts is November 21-29.
(1h chart)
The circled zones on the chart are important support and resistance zones.
If the price is below the M-Signal line on the 1D chart, the main position is 'SHORT'.
Therefore, a quick response is required when entering a 'LONG' position.
It is moving sideways in the 16327.6-16729.8 section.
If it rises above 16729.8, it is important to touch the M-Signal line on the 1D chart and find support at or above the 16580.6-16729.8 section.
If it rises above the M-Signal line on the 1D chart, it is expected to rise to around 17670.0.
If not, you should see support near 15908.2 leading to further declines.
If it falls below 16327.6,
1st: 15908.2
2nd: 15328.7
tertiary: 14824.3
You need to make sure that you are supported nearby.
------------------------------
- big picture
I think you need to be supported in the 13K-15K section to get the power to rise.
Therefore, whether it is rising or falling from its current position, a short-term response is required.
A full-fledged uptrend is expected to start when it rises above 29K.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If this chart is shared, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
USDT DOMINANCE: HANGING BY A THREAD.Hello awesome people. I hope you all are doing great.
Things are pretty uncertain as the market has hovered around the same level for the last 5 days. For instant, look at this USDT dominance chart. It looks similar to the descending triangle, breaking down below the support level, retesting, and rejecting. Chart-wise, it looks bearish but if we look at the RSI levels, it is close to the oversold zone. It is quite possible that we may see a few more reds close to 8% letting the traders believe that it is a bearish confirmation and then bang, a quick pump out of nowhere.
Now, I wanna be wrong in this case but I never play with my emotions, I always follow the chart patterns and the fundamentals. So, as per the current market scenario, I would like to step aside and let the market make its first move which is the weekly close.
What do you have to say about the current market scenario?
Bitcoin (BTC) - November 27Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(USDT 1D chart)
(USDC 1D chart)
(BTC.D 1D chart)
A drop in BTC dominance means that money is being concentrated towards altcoins.
Therefore, be aware of the price volatility of BTC.
(USDT.D 1D chart)
The key is whether it can drop to around 7.86.
On the USDT dominance chart, the volatility period is November 25-27.
-----------------------------------------
(BTCUSDT 1D chart)
The question is whether the price can be maintained at least above 16590.54.
If not, be cautious as there is a possibility of a decline during the volatility period of November 27-29.
If it goes down, it is important to find support around 15916.68.
If the price stays above the HA-Low and above the MS-Signal indicator, we expect it to rise above 17176.24 during the volatility period.
Circled zones mark important support and resistance zones.
In this section, the trend may change depending on whether it is supported or resisted, so it is necessary to observe the movement carefully.
Taking the BTC.D, USDT.D, BTCUSDT, and BTCUSDTPERP charts together, we expect the next period of volatility to span around November 22-28 (November 21-29).
------------------------------
- big picture
I think you need to be supported in the 13K-15K section to get the power to rise.
Therefore, whether it is rising or falling from its current position, a short-term response is required.
A full-fledged uptrend is expected to start when it rises above 29K.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
Bitcoin (BTC) - November 26Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(USDT 1D chart)
(USDC 1D chart)
If the gap continues to fall in USDT and USDC, it means that funds are continuously withdrawn from the coin market.
If that happens, there is a possibility that the price of BTC will plummet at any moment, so be careful.
(BTC.D 1D chart)
What the BTC dominance chart can tell you is whether funds are currently concentrated towards BTC or towards altcoins.
Funds are constantly flowing out of the coin market, and when BTC dominance declines, the possibility of rapid volatility increases.
(USDT.D 1D chart)
The decline in USDT dominance tells us that the coin market is likely to move up.
In this sense, the key is whether USDT dominance can fall below 7.86.
During the volatility period, we need to see if it shows a hopeful move by falling below the 8.11-8.22 zone.
---------------------------------------
(BTCUSDTPERP 1D Chart)
We entered a period of volatility on November 25-27.
I need to see if it can rise above 17170.0 during this volatility period.
If not, you need to make sure you get support around 15908.2.
To turn into an uptrend, the price must rise above the HA-Low line and above the MS-Signal indicator.
Therefore, it should be seen that the price is holding at least 17170.0 above 17170.0 if possible.
The overall volatility period on the BTC.D, BTCUSDT and BTCUSDTPERP charts is November 21-29.
(1h chart)
The circled zones on the chart are important support and resistance zones.
If the price is below the M-Signal line on the 1D chart, the main position is 'SHORT'.
Therefore, a quick response is required when entering a 'LONG' position.
It is walking a tightrope along the 5EMA line on the 1D chart.
If the rapid movement fails to break out of the 16327.6-17170.0 section, there is a possibility of sideways in this section again.
Therefore, caution should be exercised as movements to exit this range may induce forced liquidation.
The still important section is the section 16580.6-16729.8.
If it rises to this section, there is a possibility that it will lead to an attempt to touch the M-Signal line on the 1D chart.
When entering 'LONG', a quick response is required, so a strategy to profit by cutting short trades is required.
If it falls below the 5EMA line on the 1D chart,
1st: 15908.2
2nd: 15328.7
tertiary: 14824.3
You need to make sure it is supported nearby.
------------------------------
- big picture
I think you need to be supported in the 13K-15K section to get the power to rise.
Therefore, whether it is rising or falling from its current position, a short-term response is required.
A full-fledged uptrend is expected to start when it rises above 29K.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
Tether Dominance Mixed Signals + Bearish PotentialI will now read the Tether Dominance (USDT.D) chart for you but let's keep in mind that this one is tricky, it fooled us several times in the past.
We have some mixed signals.
We have a lower high (Nov. vs June) based on candle wick and a higher higher based on candle close.
We have the same pattern forming now as it happened back in June.
A correction pattern.
USDT.D is likely to move lower to test MA200, the black line on the chart.
We see here only a short-term correction.
If this goes down Bitcoin goes up.
But as it finds support, Bitcoin finds resistance and things turn.
I am mentioning this to keep in mind that any Bitcoin rally should be considered a relief rally so stay on the lookout, not to get complacent in a matter of days.
USDT.D daily below EMA10 signals bearish potential but this is a weak signal at this point.
Lower highs is also bearish yet these signals lack strength.
It is a bit mixed because we have a bullish trend maybe entering a correction in a matter of days.
We are reading bearish signals on a bullish trend.
We specialize in looking for reversals/trend change; that's why.
Namaste.
Bitcoin (BTC) - November 25Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(USDT 1D chart)
(USDC 1D chart)
Both USDT and USDC appear to continue to gap lower.
Therefore, the possibility of volatility is increasing, so it is necessary to be cautious in trading.
(BTC.D 1D chart)
A drop in BTC dominance means that money is being concentrated towards altcoins.
Therefore, be aware of the price volatility of BTC.
(USDT.D 1D chart)
The key is whether it can drop to around 7.86.
On the USDT dominance chart, the volatility period is around November 26th.
If you look at the USDT and USDC charts, it seems that funds are being withdrawn from the coin market.
However, there is a phenomenon where funds are concentrated towards altcoins.
Meanwhile, USDT dominance is showing a decline.
This phenomenon can be seen that people who have not been able to recover their funds in the coin market are recovering their funds by pumping coins (tokens) with a low market capitalization.
So, if possible, diversifying funds by trading new coins (tokens) is likely to face great risks in the future.
You should prepare for a major drop by conducting a transaction to reduce the proportion of coins (tokens) you currently hold or a transaction to lower the average purchase price (a transaction method that increases the number of coins (tokens) corresponding to profits).
-----------------------------------------
(BTCUSDT 1W chart)
It is necessary to check whether the sidewalk can continue from the 15916.68-17572.33 section until the second week of January.
If not, the trend is likely to continue in the direction of a breakout.
(1D chart)
In order to turn into an uptrend, it must rise above the HA-Low and above the MS-Signal indicator.
Therefore, the key is whether the price can be maintained above the currently formed HA-Low line point.
If not, it is more likely to fall.
Once the decline begins, a move below 15475.10 is likely and you need to think about how to respond.
If the price rises and holds it above the HA-Low point, i.e. above 16740.30, the volatility around November 28th is likely to lead to an attempt to break the MS-Signal indicator.
If this breakout attempt continues to hold the price around 16740.30 without significant volatility, there is a possibility of a move above 17176.24.
If your breakout attempt fails, it's important to have support around 15475.10.
Circled zones mark important support and resistance zones.
In this section, the trend may change depending on whether it is supported or resisted, so it is necessary to observe the movement carefully.
The next period of volatility is around November 28th.
Taking the BTC.D, USDT.D, BTCUSDT, and BTCUSDTPERP charts together, we expect the next period of volatility to span around November 22-28 (November 21-29).
------------------------------
- big picture
I think you need to be supported in the 13K-15K section to get the power to rise.
Therefore, whether it is rising or falling from its current position, a short-term response is required.
A full-fledged uptrend is expected to start when it rises above 29K.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
Bitcoin (BTC) - November 24Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(USDT 1D chart)
(USDC 1D chart)
It appears to have created a long tail on the USDT chart.
What the rapid flow of money tells us is that volatility is just as likely to occur.
(BTC.D 1D chart)
What the BTC dominance chart can tell you is whether funds are currently concentrated towards BTC or towards altcoins.
It is trending down along the long-term downtrend line (1).
(USDT.D 1D chart)
The decline in USDT dominance tells us that the coin market is likely to move upwards.
In this sense, the key is whether USDT dominance can fall below 7.86.
As USDT dominance declines, the HA-High line rises and crosses.
Since the HA-High line is a soaring line, it would be interesting to see if it applies to the USDT dominance chart as well.
The soaring line means that there is a high possibility of a sharp move, and resistance at the HA-High line may lead to a sharp decline.
---------------------------------------
(BTCUSDTPERP 1D Chart)
In order to turn into an uptrend, the price must rise above the HA-Low line and above the MS-Signal indicator.
Therefore, it cannot be said that the trend has shifted to an uptrend just because one of them is satisfied.
However, if it shows support for a long period of time when either the HA-Low line or above the MS-Signal indicator is satisfied, the possibility of showing an uptrend may increase, so aggressive buying is possible.
If the condition to be satisfied is the HA-Low line, a long horizontal line must be made.
If it is an MS-Signal indicator, the MS-Signal indicator should be showing a bullish sign.
If not, virtually all of the HA-Low line or higher and the MS-Signal indicator or higher must be satisfied.
Considering the above, since the HA-Low line does not form a long horizontal line (it must form a horizontal line of at least 5 candles), it should be interpreted that the price must rise above the MS-Signal indicator to maintain a high possibility of an uptrend. do.
Since the HA-Low line is about to be created again at the 16580.6 point, it is necessary to check whether the price can be maintained until it rises at least 16580.6 and rises above the MS-Signal indicator.
(Since 16729.8 is the longest horizontal line among the HA-Low lines when viewed from the current position, it is important to maintain the price by rising above 16729.8)
A period of volatility on this chart is approaching.
Therefore, the key is whether we can create a bridgehead that can turn the MS-Signal indicator into a bullish indicator by rising to the 17K range during the volatility period around November 26th (November 25th-27th).
The next period of volatility is around November 26th.
So, we need to see if we can keep the price above 16729.8 until the volatility period.
However, the overall volatility period on the BTC.D, BTCUSDT and BTCUSDTPERP charts is November 21-29.
(1h chart)
The circled zones on the chart are important support and resistance zones.
If the price is below the M-Signal line on the 1D chart, the main position is 'SHORT'.
Therefore, a quick response is required when entering a 'LONG' position.
As the HA-Low line on the 1D chart appears to be newly created, the support and resistance points have been changed.
The key to these support and resistance points is where the 5EMA line on the 1D chart is crossing.
The reason why the 5EMA line on the 1D chart is important is that the price is located below the M-Signal line on the 1D chart.
If the price rises along the 5EMA line on the 1D chart and rises above the M-Signal line on the 1D chart to maintain the price, it can be said that the role of the 5EMA line on the 1D chart has been fulfilled.
The reason is that if the price stays above the M-Signal line on the 1D chart, that is, the MS-Signal indicator on the 1D chart, it is likely to turn into an uptrend.
More specifically, there will be times when I will talk about the relationship with the 5EMA line when the price rises above the MS-Signsl indicator and holds the price.
(In short, pull back patterns can be detected by the movement of the 5EMA line on the 1D chart and the MS-Signal indicator.)
The next most important point (zone) after the 5EMA line on the 1D chart is whether the price can maintain the 16580.6-16729.8 zone or higher by moving higher.
In the meantime, wait for the M-Signal line on the 1D chart to fall.
If it falls below the 5EMA line on the 1D chart,
1st: 15908.2
2nd: 15328.7
tertiary: 14824.3
You need to make sure it is supported nearby.
If there is no evidence of an inflow of funds into USDT or USDC, it is necessary to be cautious in trading as there will be restrictions on price rise.
Therefore, since it is highly likely to end in a short-term uptrend, it is necessary to reduce the investment portion by dividing the investment portion of the holdings rather than increasing the investment portion by additional purchase.
It is recommended that you maintain this trading strategy until you see funds flowing into USDT and USDT.
It is good to make money by trading new coins (tokens) in a short-term uptrend, but if possible, I think it is good to seek a way to lower the average purchase price by trading coins (tokens) you own.
By buying a new coin (token) with the idea of trading it and selling it as much as the amount you bought when the price rises, you increase the number of coins corresponding to your profit, thereby lowering the average purchase price of your coin (token).
The market always offers us opportunities.
Depending on how you seize this opportunity, you will either get better returns or suffer more in the future.
------------------------------
- big picture
I think you need to be supported in the 13K-15K section to get the power to rise.
Therefore, whether it is rising or falling from its current position, a short-term response is required.
A full-fledged uptrend is expected to start when it rises above 29K.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
#USDT.D QUICK UPDATE!!Hello everyone welcome to this USDT DOMINANCE quick update,
As per the above-mentioned chart earlier USDT.D was rejected from its top resistance level and dropped 6.70%.
In the current scenario, MACD is on the way to printing a bullish cross over
Which will lead adults to print consecutive red candles.
We can see some green candles upside from the current level till 8.70% and then a major downfall which will be a better opportunity for bulls to take c charge.
Let's see how it goes in the upcoming time.
A candle closes above the resistance level will be the invalidation point of this analysis.
If you like my ideas then do support them with like and follow.
Also, share your views in the comment section.
Thank You!
Bitcoin (BTC) - November 23Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(USDT 1D chart)
(USDC 1D chart)
Both USDT and USDC appear to have gap declines.
Therefore, the possibility of volatility is increasing, so it is necessary to be cautious in trading.
(BTC.D 1D chart)
With the volatility around November 22nd, the key is whether it will rise above the 41.06 point, the first point.
(USDT.D 1D chart)
The key is whether it can drop to around 7.86.
On the USDT dominance chart, the volatility period is around November 26th.
-----------------------------------------
(BTCUSDT 1W chart)
It is necessary to check whether the sidewalk can continue from the 15916.68-17572.33 section until the second week of January.
If not, the trend is likely to continue in the direction of a breakout.
(1D chart)
It touched around 15475.10 and moved higher, so it's important to see if the price can hold above 15916.68, if possible.
If it doesn't, and continues to touch the area around 15475.10, it could lead to further declines.
The reason is that, as mentioned on the USDT and USDC charts, there are signs of withdrawal of funds.
If we see signs of continued withdrawal of funds, we believe a sharp decline is likely during the volatility period around November 28th.
So, you need to see the money coming in.
Funds are flowing out, and any price increase is likely to be a move to further decline, so you should consider how to respond to the coins (tokens) you hold.
However, it is a volatility period until November 29th, so it is good to check the movement during this period.
Circled zones mark important support and resistance zones.
In this section, the trend may change depending on whether it is supported or resisted, so it is necessary to observe the movement closely.
The next period of volatility is around November 28th.
Taking the BTC.D, USDT.D, BTCUSDT, and BTCUSDTPERP charts together, we expect the next period of volatility to span around November 22-28 (November 21-29).
------------------------------
- big picture
I think you need to be supported in the 13K-15K section to get the power to rise.
Therefore, whether it is rising or falling from its current position, a short-term response is required.
A full-fledged uptrend is expected to start when it rises above 29K.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
Bitcoin (BTC) - November 22Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(USDT 1D chart)
(USDC 1D chart)
It appears to have created a long tail on the USDT chart.
Time will tell if this tail is real or not.
What the rapid flow of money tells us is that volatility is just as likely to occur.
(BTC.D 1D chart)
What the BTC dominance chart can tell you is whether funds are currently concentrated towards BTC or towards altcoins.
The volatility period of November 21-23 on the BTC dominance chart.
(USDT.D 1D chart)
The rise in USDT dominance tells us that the coin market is likely to go down.
Therefore, when we see a decline in USDT dominance, the coin market is more likely to show an uptrend.
In this sense, the key is whether USDT dominance can fall below 7.86.
---------------------------------------
(BTCUSDTPERP 1D Chart)
The key to any trading strategy is determining the investment period.
This is because the investment size and trading method can be determined by setting the investment period.
By the way, what makes it possible to set the investment period is to judge whether it is located at an important support and resistance point in the current chart flow.
It does not matter whether the current price trend is in an uptrend or a downtrend.
In the coin market, unlike the stock market, the price flow of one coin, that is, BTC, is different for each exchange (price, trading volume, etc.).
Therefore, I think that the way to trade in the coin market has no choice but to follow the trend.
However, not all trades can be traded with trend lines or analytical techniques that fall under trends.
This is because when that happens, you are more likely to lose money on volatility and whipsaw movements.
Therefore, while trading following the trend, there must be support and resistance points (an apt move) that trigger the trade.
My chart includes indicators to help me find these points of support and resistance (an apt move).
By creating a trading strategy at an apt move, you can set up a more accurate trading method.
-------------------------------------------------- -
It broke the sideways section of 15908.2-17170.0 and fell.
Therefore, the key is whether it can be supported around 15328.7 and rise above 15908.2.
If not, it could lead to further declines, so you need to think about how to counteract it.
The question is whether the HA-Low line can receive support around 16729.8, the newly formed point, and rise above 17170.0.
If not, it's important to be able to move sideways on the 15908.2-17170.0 section.
The next period of volatility is around November 26th.
So, we need to see if we can keep the price above 16729.8 until the volatility period.
However, the overall volatility period on the BTC.D, BTCUSDT and BTCUSDTPERP charts is November 21-29.
(1h chart)
The circled zones on the chart are important support and resistance zones.
If the price is below the M-Signal line on the 1D chart, the main position is 'SHORT'.
Therefore, a quick response is required when entering a 'LONG' position.
Since it touched around 15328.7 to 1.618 (15480.8), it is important to quickly rise above 15908.2 and get support.
If not, it will show the sideways movement seen since November 14th, which is likely to lead to further declines.
A move above 15908.2 should lead to a move above the 5EMA line on the 1D chart.
If not, it means that the strength of the rebound is that weak, so I think it is highly likely to lead to further declines.
If there is an attempt to break through the 5EMA line, it must succeed this time.
------------------------------
- big picture
I think you need to be supported in the 13K-15K section to get the power to rise.
Therefore, whether it is rising or falling from its current position, a short-term response is required.
A full-fledged uptrend is expected to start when it rises above 29K.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
USDT DOMINANCE: ON A VERGE OF ANOTHER BREAKOUT!!!Hello traders, a quick daily update on USDT dominance.
The USDT.D has outrageously rallied in the last couple of weeks. From a fakedown all the way up to the breakout was no less than a horror movie. Currently, the USDT.D is making another rally toward the resistance. If by any means, the USDT.D breaks beyond the resistance zone then there will be chaos in the market. I really wish that USDT.D gets rejected right from the resistance level and then gives room for BTC and other altcoins to grow. The daily close is just a few hours away. So, let's see where the USDT dominance will head next.
Trade safely, guys.