Restriction on rise??? So how far???
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The reason why I explain the USDT, USDC, BTC.D, USDT.D chart first is that it is judged that the price change of coins (tokens) can be predicted to some extent if the overall money flow of the coin market is known.
(USDT 1D chart)
It will be a question of whether the gap can continue to rise above 68.468B.
(USDC 1D chart)
We need to follow the gap rise in USDT to see if it can turn into a gap rise in USDC.
If not, and continue to gap down, you should be careful as it will likely limit the uptrend of the coin market.
(BTC.D 1D chart)
The key is whether it can decline after receiving resistance in the 43.75-45.68 section.
Otherwise, if it rises above 45.68, there is a possibility that a strange market will be formed where only BTC rises, or the coin market will show a large decline.
If BTC dominance starts to decline around 39.56-40.44, I expect this uptrend to be extended.
(USDT.D 1D chart)
A rise above 6.90-7.27 is expected to cause the coin market to plummet.
So, it will be a question of whether it can get resistance and break down at 6.90.
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(BTCUSDTPERP 1D Chart)
It is necessary to check whether the price can be maintained outside the area indicated by the yellow line.
when it rises,
1st: 23937.1-24294.1
2nd : M-Signal of 1M Chart
You need to make sure that it is supported in the vicinity of the 1st and 2nd above.
when it goes down,
1st: 20984.7-21826.1
2nd : 19411.7-20122.5
You need to make sure that it is supported in the vicinity of the 1st and 2nd above.
Looking at the secondary indicator of Strength,
- Overbought section: 2
- Fall in the overbought section: 1
- Rising in the oversold section: 1
Therefore, it is showing an upward trend.
Even if it shows an upward trend, it is expected that the trend will be determined by whether it is supported or resisted at important support and resistance points or sections.
Therefore, the most important thing at the moment is which of the 23937.1-24294.1 and 20984.7-21826.1 ranges mentioned above.
The HA-High indicator is forming as it rises to the 22980.0 point.
Therefore, volatility is expected to occur based on this point.
Fund inflow through USDT and outflow through USDC are in progress.
The influx of funds through USDT seems to have many people around the world who want the coin market to rise.
Money outflow through USDC does not seem to be thought of by those who operate large capital such as institutional investors.
Therefore, the current rise of the coin market is expected to be subject to many restrictions on the upward trend.
For an altcoin bull market to start, BTC dominance needs to turn to a downtrend.
If not, it will cause the altcoin's price to drop a lot.
(1h chart)
Full-fledged position entry is possible when you touch the M-Signal indicator on the 1D chart.
Therefore, entering the position below always requires quick judgment.
When ascending after being supported in the 'L2', 22777.2-23060.6 section, it is possible to enter the 'LONG' position.
However, it is expected that the rise will start when it rises above 5EMA on the 1D chart, so this should be taken into account.
1st: 23592.1-23937.1
2nd: 24294.1-24463.0
Trade close: around 25500.0
1st S/L : Around 22471.5
When resistance is confirmed at 'S2', 22471.5, it is possible to enter the 'SHORT' position.
1st: Around 21826.1
2nd: Around 20984.7
End of transaction: around 20122.5
1st S/L : Around 22975.1
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(BTCKRW 1D chart)
I need to see if there is movement out of the 27317000-29639000 range.
------------------------------
- big picture
A full-fledged uptrend is expected to start when it rises above 29K.
This is the 81K-95K range that we expect to touch in the next bull market.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If this chart is shared, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at (www.tradingview.com/...shi-MS-Signal-HA-MS/).
(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.)
---------------------------------
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice day.
-------------------------------------
The reason why I explain the USDT, USDC, BTC.D, USDT.D chart first is that it is judged that the price change of coins (tokens) can be predicted to some extent if the overall money flow of the coin market is known.
(USDT 1D chart)
(USDC 1D chart)
If not, and continue to gap down, you should be careful as it will likely limit the uptrend of the coin market.
(BTC.D 1D chart)
Otherwise, if it rises above 45.68, there is a possibility that a strange market will be formed where only BTC rises, or the coin market will show a large decline.
If BTC dominance starts to decline around 39.56-40.44, I expect this uptrend to be extended.
(USDT.D 1D chart)
So, it will be a question of whether it can get resistance and break down at 6.90.
---------------------------------------
----------------------------
(BTCUSDTPERP 1D Chart)
when it rises,
1st: 23937.1-24294.1
2nd : M-Signal of 1M Chart
You need to make sure that it is supported in the vicinity of the 1st and 2nd above.
when it goes down,
1st: 20984.7-21826.1
2nd : 19411.7-20122.5
You need to make sure that it is supported in the vicinity of the 1st and 2nd above.
Looking at the secondary indicator of Strength,
- Overbought section: 2
- Fall in the overbought section: 1
- Rising in the oversold section: 1
Therefore, it is showing an upward trend.
Even if it shows an upward trend, it is expected that the trend will be determined by whether it is supported or resisted at important support and resistance points or sections.
Therefore, the most important thing at the moment is which of the 23937.1-24294.1 and 20984.7-21826.1 ranges mentioned above.
The HA-High indicator is forming as it rises to the 22980.0 point.
Therefore, volatility is expected to occur based on this point.
Fund inflow through USDT and outflow through USDC are in progress.
The influx of funds through USDT seems to have many people around the world who want the coin market to rise.
Money outflow through USDC does not seem to be thought of by those who operate large capital such as institutional investors.
Therefore, the current rise of the coin market is expected to be subject to many restrictions on the upward trend.
For an altcoin bull market to start, BTC dominance needs to turn to a downtrend.
If not, it will cause the altcoin's price to drop a lot.
(1h chart)
Full-fledged position entry is possible when you touch the M-Signal indicator on the 1D chart.
Therefore, entering the position below always requires quick judgment.
When ascending after being supported in the 'L2', 22777.2-23060.6 section, it is possible to enter the 'LONG' position.
However, it is expected that the rise will start when it rises above 5EMA on the 1D chart, so this should be taken into account.
1st: 23592.1-23937.1
2nd: 24294.1-24463.0
Trade close: around 25500.0
1st S/L : Around 22471.5
When resistance is confirmed at 'S2', 22471.5, it is possible to enter the 'SHORT' position.
1st: Around 21826.1
2nd: Around 20984.7
End of transaction: around 20122.5
1st S/L : Around 22975.1
-------------------------------------------
(BTCKRW 1D chart)
------------------------------
- big picture
This is the 81K-95K range that we expect to touch in the next bull market.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If this chart is shared, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at (www.tradingview.com/...shi-MS-Signal-HA-MS/).
(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.)
---------------------------------
Bình luận:
When this week's candlestick closes with a bearish candlestick and the RSI breaks out of the overbought zone, it will be a matter of whether the HA-High indicator shows signs of falling and forming.
Bình luận:
A further gap pullback occurred and fell below 42.563B.
We need to see if it can lead to a sharp gap rise like it used to.
It's time to be wary of volatility.
We need to see if it can lead to a sharp gap rise like it used to.
It's time to be wary of volatility.
Bình luận:
(question)
Does crossing the 5EMA of the 1D chart mean at the close of the 1D chart or simply when it is crossed?
(answer)
Thank you for leaving a comment.
The 5EMA on the 1D chart is more of a psychological line than a support and resistance line.
Therefore, they are not interpreted like support and resistance lines.
Depending on how important the support and resistance points or sections where the 5EMA is located are, their meaning will change.
As mentioned in the idea text, if you are supported and rise in the 'L2' section, you can enter the 'LONG' position.
I said in this article that if it rises above 5EMA, it will start to rise, which means that the psychological factor is likely to work.
Therefore, you cannot enter a position based on the 5EMA.
If you enter a position based on the 5EMA, you need to respond very quickly, such as scalping or day trading.
It can be seen that the 5EMA of the 1D chart is used to prepare the basis for analysis by using more diverse contents in analysis.
Have a good time.
Does crossing the 5EMA of the 1D chart mean at the close of the 1D chart or simply when it is crossed?
(answer)
Thank you for leaving a comment.
The 5EMA on the 1D chart is more of a psychological line than a support and resistance line.
Therefore, they are not interpreted like support and resistance lines.
Depending on how important the support and resistance points or sections where the 5EMA is located are, their meaning will change.
As mentioned in the idea text, if you are supported and rise in the 'L2' section, you can enter the 'LONG' position.
I said in this article that if it rises above 5EMA, it will start to rise, which means that the psychological factor is likely to work.
Therefore, you cannot enter a position based on the 5EMA.
If you enter a position based on the 5EMA, you need to respond very quickly, such as scalping or day trading.
It can be seen that the 5EMA of the 1D chart is used to prepare the basis for analysis by using more diverse contents in analysis.
Have a good time.
[Example of exchange chart setup]
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
And, the end of the extended bull market is when BTC dominance declines to around 39.56-40.44.
Therefore, I do not think it is the time to discuss the possibility of an altcoin bull market.