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Breaking out of the uptrend channel in a period of volatility...

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BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
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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)
I need to see if I can keep it at 66.442B or higher.

(USDC 1D chart)
We need to see if it can rise above 44.07B.


(BTC.D 1D chart)
The key is whether it can fall 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 major decline.

The next volatility period is around March 30th.


(USDT.D 1D chart)
If funds do not continuously flow into USDT and USDC and USDT dominance drops to around 6.21, it is expected that the coin market has peaked.

A rise above 6.90-7.27 is expected to cause the coin market to plummet.

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(BTCUSDTPERP 1D Chart)
By touching all the yellow horizontal points, the possibility of sideways movement is increasing.


The up and down swing starts when the price drops more than -10%.

The current appearance is just a sideways move, but you shouldn't think of it as shaking it.


As a testament to this sideways potential, the strength indicators show divergence.


Therefore, the trend is expected to continue away from the 22471.5-23390.0 zone.

Since this period of volatility is around January 28th (up to January 31st), it is recommended to observe the movement until January 29th.


When a new candlestick is created, I think it is good to check whether the Heikin Ashi body is in an uptrend or a downtrend, and see if it is supported or resisted.


There is a significant gap with the MS-Signal indicator, so be careful as there may be a sharp decline.


Be careful when trading as it is highly likely to touch the 24K section (expected to touch the M-Signal of up to 1M charts) and fall.

When going down, you need to make sure it is supported in the 20984.7-21826.1 section.


(1h chart)
You need to check which section you will deviate from among the sections marked with yellow circles.

If the price drops to around 22471.5 after the time shown on the chart, there is a possibility of a sharp decline, so a countermeasure is needed.


If the price is maintained above the M-Signal on the 1D chart, the main position is 'LONG'.

Therefore, a quick response is required when entering the 'SHORT' position.


When the 5EMA of the 1D chart is touched, there is a possibility of volatility, so at this time, you should carefully look at the direction and respond.

Since HA-Low and HA-High of the 1h chart are passing between 22691-22753.2, it is possible to enter a position around this section. (aggressive entry)

However, since it is close to 24294.1, which is considered the high point, a quick response is required when trading.


If it is supported around 'L2', 11975.1, it is possible to enter the 'LONG' position.

However, the trading end time is 23937.1-24294.1.
The first S/L point is 22691.


If resistance is received at 'S2', 22471.5, it is possible to enter the 'SHORT' position.

1st: Around 21826.1
2nd: Around 20984.7
End of trading: around 20122.5
First S/L point: 22753.2

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- 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.

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** All descriptions are for reference only and do not guarantee profit or loss in investment.

** If you share this chart, you can use the indicators normally.

** The MRHAB-T indicator includes indicators that indicate points of support and resistance.

** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at (www.tradingview.com/...shi-MS-Signal-HA-MS/).

** 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.)

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Bình luận:
USDT or USDC must continue to rise with a gap increase in order for funds to continuously flow into the coin market.

Thus, a gap drop is a sign that money has been withdrawn from the coin market.


We see funds coming into USDT as the main driving force that moves the coin market.

Therefore, an increase in the gap of USDT is highly likely to lead to an increase in the coin market.

However, if the funds coming into USDC fall in the gap, it can limit the rise of the coin market, so be careful in trading.
Bình luận:
On the 1D chart, the HA-High indicator is rising and is about to form at 22704.74.

Therefore, after the HA-High indicator is created, it is necessary to check whether it is supported or resisted.

The HA-High indicator may or may not be generated depending on where the candle closes today.


Being supported by HA-High can be interpreted as meaning that there is a high possibility of renewing the high.
Bình luận:
(UTC)
We are passing through a period of volatility.

Be careful when trading.

As the HA-High indicator of the 1D chart, a new variable, is trying to be created at the 22701.7 point, you must maintain the price above this point to increase the possibility of continuing the upward trend.

If not, you should keep a close eye on the movement as there is a possibility of a sharp decline.

[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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