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(USDT chart)
(USDC chart)
I believe that the rise in the gap between USDT and USDC is a sign that funds are flowing into the coin market.
I believe that candles express the increase or decrease of USDT or USDC through trading.
Accordingly, the continuation of the gap upward trend means that the upward trend in the coin market is likely to continue.
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(BTCUSDT 1M chart) The key is whether it can receive support and rise in the first section, 1.13 (67031.36) ~ 69K.
The most important section in the current flow is the secondary section, 56K-61K.
Therefore, I think it is highly likely that the upward trend will continue if the price is maintained beyond the second range.
However, if it falls below 64K, you may feel psychologically anxious and the selling price may increase, so you need to think about a countermeasure.
(1W chart) As the StochRSI indicator fell from the overbought range, the StochRSI < StochRSI EMA condition became.
However, since the StochRSI indicator is located in the sideways or no change zone, volatility may occur, so caution is required when trading.
Accordingly, the key is which direction to deviate from the 64K-69K range.
If the price rises above 69K and maintains, it is expected to renew the new high (ATH) again.
If not, and the StochRSI indicator falls into the oversold range, you should check whether it is supported around 56K-61K.
Considering the financial situation in the coin market, I think there is a high possibility that the finger will point and the upward trend will continue.
However, we need to look at how much the price will fluctuate and whether it will form a sideways section and then rise.
(1D chart) The next period of volatility will be around April 12 (April 11-13).
Accordingly, we need to look at whether a trend is forming after a period of volatility.
Since a new trend line has been created as a downward trend line, there is a possibility that the decline may continue further.
At this time, the key is whether it can receive support and rise around 64K.
Currently, the price appears to be maintaining near the MS-Signal (M-Signal on 1D chart) indicator.
Accordingly, the StochRSI indicator is rising from the oversold zone and entering the sideways and no change zone.
If the current trend is maintained and the price rises above 69K, the StochRSI indicator is expected to begin to strengthen its strength.
However, in order to continue the short-term upward trend, it is expected that it will start to rise above the 69K-70231.38 range.
Therefore, it is time to buy when support is confirmed around 69K-70231.38.
These are points that are likely to encounter resistance in the future. We need to see if we can break through these points upward.
Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched.
#BTCUSD 1M If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern. 1st: 43833.05 2nd: 32992.55
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Note
You need to check the position of the StochRSI indicator and the movement of the BW indicator, and check whether it is supported or resisted around 69K.
Note
When should you buy and sell?
I think very few people do this perfectly.
However, in order to proceed with a transaction close to perfection, I think it is necessary to make efforts to maximize profits or lower the average purchase price by conducting split transactions.
In that sense, I think the BW indicator provides a good standard.
I think that a basis for trading can be provided depending on what the BW indicator shows in the indicator generated as it moves sideways.
I believe that combining the waves of the StochRSI indicator with the BW indicator will serve as a reference for better choices.
Currently, the price is located around 69K and the BW indicator is showing signs of rising.
Accordingly, it appears that a new BW indicator will be created when a new candle is created around 69K.
Therefore, it can be seen that it is highly likely that trading will be possible depending on whether there is support around 69K.
The important thing while trading is that you must trade according to your psychological state and investment style.
This is because the meaning of 69K is felt differently due to psychological factors depending on the current average purchase price and investment proportion depending on the investment period.
Therefore, it is important to be cool-headed and accurately recognize your psychological state and proceed with trading according to your investment style and trading strategy, no matter what anyone says.
Note
No BW indicator has been created on the price chart.
The reason is that the BW indicator of the TS - BW secondary indicator maintains an upward trend.
Accordingly, we need to see support around 69K.
Note
It broke above 70231.38.
Since the upper point (72419.71) of the box section of the HA-High indicator has been touched, the key is whether it can receive support and rise around 71388.94-72419.71.
However, there is a possibility that it may temporarily fall to around 70231.38, but it should not fall below 70231.38.
If it fails to rise above the upper point of the box section of the HA-High indicator (72419.71), it is likely to fall below 69K again, so you should think about a response plan.
With this rise, the StochRSI indicator is expected to rise into the overbought range.
Therefore, if the StochRSI indicator falls from the overbought range and becomes StochRSI < StochRSI EMA, you should seek a way to stabilize your psychological state by selling in installments.
TS - Looking at the BW indicator from the BW secondary indicator, it has yet to fall below its midpoint since February 20th.
This shows that the upward trend is still strong.
Accordingly, when selling in installments as mentioned above, it is recommended to proceed with a low investment proportion that can stabilize your psychological state.
What we need to worry about is when it drops below 64K.
Until then, you should actually think about how you can increase your holdings corresponding to profits while maintaining a stable psychological state.
Note
(ETHUSDT 1D chart) Unlike the BTC chart, the BW indicator on the ETH chart shows that it has entered the oversold zone.
You can see that the selling force was strong.
However, I think the possibility of creating a new wave is increasing as it is supported and shows an upward trend around 3321.30, an important point.
Accordingly, we need to see what kind of movement this volatility period will show after around April 12th (April 11th-13th).
Note
(BTCUSDT 1D chart) BW indicator for price chart has been created.
Accordingly, the key is whether there is support around 71388.94.
TS - You need to check the movements of the BW indicator and the StochRSI indicator of the BW secondary indicator.
Note
(BTCUSDT 1M chart) The key is whether it can receive support and rise near the first section.
The StochRSI EMA indicator is approaching the top of the overbought zone.
Accordingly, it may indicate movement in the section the finger is pointing to, so you need to think about a countermeasure to this.
The most important support area is 59K (56K-61K).
(1W chart) The StochRSI indicator is showing a decline below the midpoint.
Accordingly, we can see that the intensity of the decline has begun to strengthen.
Therefore, we need to check whether there is support around 69K and seek a response plan.
A precursor to a decline is expected to occur when the HA falls below 5EMA.
Given the current trend, if HA 5EMA is not touched this week, HA 5EMA is expected to rise to around 66401.82 next week.
Therefore, if it falls in the first section mentioned in the 1M chart, there is a possibility of a downward trend.
If a downtrend begins, the key is whether the price can be maintained above the important rising channel.
If support is shown near HA 5EMA, a trend is expected to form after sideways movement, similar to the movement of the section indicated by the finger.
(1D chart) The price cannot be maintained above 70231.38 and is showing a decline.
Accordingly, the key is whether it can receive support and rise around 69K.
If that is not the case and it falls below the MS-Signal (M-Signal in 1D chart) indicator, it is expected to fall below 64K this time.
The reason is that, as mentioned in the 1W chart, the StochRSI indicator began to fall below the midpoint and the intensity of the decline began to intensify.
Therefore, as we move through the upcoming volatility period around April 12 (April 11-13), 1. 69K or more 2. Around 64K 3. Around 59K You need to look at where the movement continues among sections 1-3 above.
Note
Although it feels like the movement near where the finger is pointing is the same as the current movement, I think there is a high possibility that it will appear as a different movement.
The reason is that the movements of the StochRSI indicator are different.
This is because in the vicinity where the finger is pointing, the StochRSI indicator fell from the overbought range and became StochRSI < StochRSI EMA.
Therefore, I think there is a high possibility of support around 69K if the current situation is maintained.
If the StochRSI indicator turns downward as a new candle is created and falls below the midpoint with StochRSI < StochRSI EMA, I think it may show a movement similar to the area where the finger is pointing.
Therefore, I think it is more likely that it will receive support and rise around 69K.
For this rise to be maintained, the price needs to stay above 70231.38.
Note
(BTCUSDT 1D chart) The volatility period is April 11-13.
As the volatility period passes, it is necessary to check what kind of movement will be shown based on the 69K-70231.38 section.
A new trend line has been created following the high point of the StochRSI indicator.
Therefore, it is important whether the price can be maintained by rising above the newly created upward trend line.
If it falls, it is important to be able to hold the price above the newly created downward trend line.
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(USDT 1D chart)
(USDC 1D chart)
USDT is maintaining a rising gap, but USDC is showing two gap declines.
If USDC continues to show a downward trend like this, there is a possibility that a full-fledged selling trend will increase as the rise in the coin market slows.
However, since the funds that have a great influence on the coin market are those that flow into USDT, I think there is a high possibility that the coin market will maintain an upward trend unless USDT switches to a downward gap.
Note
Quick response is required when trading below 1D charts.
Therefore, it is recommended to enter when there is a movement in the same direction as the trend on the 1D chart on the time frame chart, which conducts trading based on the trend on the 1D chart.
If you look at the 1D chart, you can see that although it looks unstable, it is still in an upward trend.
Therefore, it is recommended to buy when trading on the 1h chart shows an upward trend.
However, since the upward trend looks unstable on the 1D chart, it is recommended not to enter if possible when such movements are observed.
Since psychological state is an important factor in trading, it is best not to trade when you feel you may be in an unstable psychological state.
The important section on the futures chart is 69198.7-70320.3.
Therefore, it is important to maintain the price in which direction it deviates from this section.
It is good to start trading when a trend begins to form, but it does not work well if you want to proceed with the trade.
Therefore, it is better to start trading when all conditions are in place.
However, in that case, there are many cases where the entry occurs when the investment has fallen significantly at a critical point, so the actual profit is often small or even a loss.
So, it is a good idea to check for support at important points before entering.
Looking at the current 1h chart, it shows it moving around 70320.3.
Therefore, it is recommended to check for support around 70320.3 and then proceed with trading.
It is actually difficult to know whether you are receiving support or resistance.
Therefore, it is recommended to look at multiple verification indicators together to confirm these movements.
It is important to set the indicators that suit you on the chart and determine when to trade by looking at the movements at the support and resistance points you have drawn.
This is because if you judge everything only by eye, that is, only by price candles and trading volume, there is a high possibility that you will proceed with trading according to your psychological state without even realizing it.
Note
(BTCUSDT 1D chart) This period of volatility runs until April 13th.
It is necessary to check whether there is any movement outside the box section of the currently formed HA-High indicator.
The box section of the HA-High indicator is 65600.0-72797.99.
Since the new trend line is formed as an expansion channel, you should carefully watch to see if the fluctuation range increases.
The upper point of the box of the HA-High indicator on the 1M chart is 64K, but since the 59053.55 point also corresponds to the upper point of the box, it is important to confirm whether support is found around 59053.55-64K.
Note
(BTCUSDT.P 1D chart) The BW indicator was created to determine trends by comprehensively evaluating MACD, StochRSI, CCI, superTrend, and PVT indicators.
However, because it was difficult to predict the movement of the BW indicator in advance, the BW EMA indicator was added to enable rough prediction.
This makes it possible to predict approximate trends based on the mutual movements of the BW indicator and the BW EMA indicator.
The intensity of the decline is starting to intensify as the StochRSI indicator is showing a decline below the midpoint.
Since there is no guarantee that even if the strength of the decline begins to strengthen, it will lead to a large decline, it is important to check what kind of movement is shown at the support and resistance points formed at the current price position.
The first thing to do is check whether the 1D chart shows movement like this.
In other words, you need to determine whether the 1D chart is in an uptrend, downtrend, or sideways.
Once you have decided, you can proceed with the transaction by looking at the time frame chart you are trading on.
(1h chart) I will explain using the 1h chart as an example.
Since the 1D chart is judged to be moving sideways, the main trading method for futures trading is sideways trading, trading within the box section.
If a trend is formed, whether an uptrend or a downtrend, outside the sideways or box section, trading in the sideways or box section must be terminated and switched to a trading strategy that matches the trend.
Otherwise, if you are only trading based on movement on the lower time frame charts you are trading on, you will need to react quickly.
However, you should not forget that it is not easy to make profits when no trend is formed on a 1D chart because movements such as fakes or whipsaws can often occur on low time frame charts.
Therefore, when trading with low time frame chart movements, it is best to trade as short as possible.
You need to be careful because transactions that drag on for a long time are not suitable.
If you made a profit by trading short a LONG position, you should hold a LONG position on the next wave.
Otherwise, if you re-establish a LONG position in the same wave, you are likely to incur a loss, so you should avoid it.
If you start trading when the StochRSI indicator touches the overbought zone and falls, you can think of the wave as ending when the StochRSI indicator enters the overbought zone again.
Conversely, if you touch the oversold zone and start trading when it is rising, the StochRSI indicator should enter the oversold zone again.
Therefore, it is recommended to trade LONG and SHORT positions only once per wave.
Note
Although USDC has fallen by a gap, it is still maintaining an upward trend.
(BTC.D 1M chart) BTC dominance is showing an increase above 55.01.
Accordingly, the key is whether it can meet resistance and decline in the 55.01-62.47 range.
I think it is best to rise above 57.95 if possible and then fall.
If that happens, I think there is a high possibility that there will be a strong buying trend.
If it falls below 55.01 and shows a downward trend, the coin market is expected to show a major upward trend.
The mainstream upward trend refers to an upward trend in which most coins (tokens) are renewing their new highs (ATH).
(USDT.D 1M chart) As a prerequisite for this, USDT dominance must remain below 4.97 or show a downward trend.
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