Get support at long-term buy pointsHello?
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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)
A move out of 44.07B-44.807B came out.
We need to see if it can rise above 44.07B.
The rise in the gap between USDT and USDC is considered to be a sign of new funds entering the coin market.
(BTC.D 1D chart)
An increase in BTC dominance means that funds will be concentrated towards BTC.
The next period of volatility is around the 23rd of January.
(USDT.D 1D chart)
An increase in USDT dominance means that the coin market is likely to decline.
It is necessary to check which direction it deviate from the 6.90-7.27 section.
Funds coming into USDT are currently stagnant.
This means that funds are not flowing in or out through USDT.
I think the movement of these funds means that the funds that have entered the current coin market are coming and going, leading to volatility.
Therefore, if the BTC price rises further from the current state, it is highly likely that more altcoin funds will be concentrated in BTC.
Accordingly, you should be wary of rapid volatility in altcoins.
I think the rise of BTC dominance and the fall of USDT dominance are the basic movements to go to the bull market.
The rise of BTC dominance should not be infinite.
The reason is, as I said above, that funds are currently stagnant.
For a bigger bull market, BTC dominance should rise above 55.01 and then fall.
However, if this happens, the price of the altcoin will drop tremendously due to the current stagnation of funds.
Therefore, it should show a decline after rising around 43.75-45.68.
For this reason, the current pumping of altcoins is risky pumping.
---------------------------------------
(BTCUSDTPERP 1D Chart)
We need to see if the price can sustain it by rising above the 20984.7 point, which is expected to be a key point.
On the current chart, the next period of volatility is from around the 23rd of January.
However, judging from the various charts, it is likely to start around the 21st of January.
On the current chart, it would be important if the price could hold above 20984.7 around January 19th, a period of mild volatility.
The reason is that the day when the -100 indicator point crosses the downtrend line (1) is likely to generate volatility.
Due to the volatility at this time, it is judged that the possibility of falling to 17.9K is small, but since there is an important support and resistance point near the current price, it is necessary to see whether it is supported or resisted at this point.
Everyone is trying to catch the market trend with the upcoming economic indicators or the comments of various celebrities.
These announcements made my psychological state unstable, and I think it is highly likely to lead my trading strategy in the wrong direction.
Therefore, you will be trading in an unstable state of mind throughout the transaction.
Investment and trading should be carried out in a comfortable and stable state of mind in order to maintain the possibility of success and the ability to cope with volatility, leading to successful trading.
The price aspect I'm talking about is whether it's supported or resisted at important support and resistance points or sections.
Therefore, in a way, the movement of the market can be said to be simple.
I think we are making it difficult for ourselves to look at the market by using all sorts of analysis techniques to predict simple movements.
Put down all your analysis techniques and look at the charts.
Then, mark support and resistance points on the chart.
When drawing support and resistance points, draw them so that they do not reflect your psychological state.
This is because the points of support and resistance drawn by reflecting your psychological state will be available for trading anyway.
The way to check whether there is support or resistance is to observe the movement of the chart in real time over a long period of time, and you become accustomed to it without knowing it.
If you have this kind of eye, you will not make a big loss by trading.
Because cutting your losses is the best way to get big profits.
While explaining the BTCUSDTPERP 1D chart, you may think that I am talking nonsense, but please read it carefully as it is not easy to come across in real life.
If the price of BTC rises further due to stagnant funds in the coin market, the price of altcoins will likely fall further.
That said, if the BTC price declines here or a pull back pattern emerges, altcoins will show a greater decline.
So, I think I've come to a situation where I can neither do this nor that.
After this period of volatility, the market is expected to undergo new changes.
We don't know if the change will actually bring us big profits, but one thing we can know is that the price of altcoins will go down.
The mid- to long-term trend I see is a picture that moves sideways in the M-Signal section (approximately 17K-24K) of the maximum downtrend line (1) to 1M chart.
This sideways movement will bring us a new trend change, which will lead us to an uptrend in the near 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 begin 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.)
---------------------------------
Btcdominance
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BTC /USD 1DAY chart update by CRYPTO SANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:- Bitcoin (BTC) consolidated to start the week, as the price failed to break out of a key resistance level.
After hitting a high of $21,345.25 on Sunday, BTC/USD declined to a low of $20,681.98 earlier in today's session.
The decline comes as the world's largest cryptocurrency was unable to move above its long-term range of $21,400.
Looking at the charts, this was somewhat expected, as the 14-day Relative Strength Index (RSI) was hovering in overbought territory.
The price strength is currently tracking at 86.65 after failing to move north of the 90.00 mark.
It is likely that further downside could be on the cards this week, with the floor of $20,000 a potential target for sellers.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Let's create long-term lowsHello?
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)
I need to see if I can keep it at 66.442B or higher.
(USDC 1D chart)
I need to see if I can come up with a gap rise in the 44.07B-44.807B range or more.
The rise in the gap between USDT and USDC is considered to be a sign of new funds entering the coin market.
(BTC.D 1W chart)
An increase in BTC dominance means that funds will be concentrated towards BTC.
It is necessary to check whether the solid (liquidity) uptrend can be continued by falling after receiving resistance in the 43.75-45.68 section.
If it rises above 45.68, there is a possibility of a strange market trend in which BTC alone rises.
As a result, there is a possibility that altcoins may move sideways or fall, so you need to think about countermeasures.
The 39.56-40.44 interval is a high probability of rapid volatility.
The next volatility period is around January 23rd.
(USDT.D 1D chart)
An increase in USDT dominance means that the coin market is likely to decline.
As it fell below 7.27, there is a pumping of altcoins that makes you think it was a bull market.
If it starts to fall around 6.21, it is expected that a market will be formed where you will buy without thinking about a trading strategy, thinking that you can't wait any longer even if the price is soaring.
Therefore, the possibility of the formation of a peak in the coin market will increase.
The next volatility period is around January 24th.
If the USDT chart doesn't show a consistent rise in the gap, I think it's likely that the uptrend is short-lived and falls.
Therefore, caution should be exercised in the approaching period of volatility as the coin market may stop rising.
However, if USDT rises above 68.468B due to a continuous gap increase, I don't think there will be any need to worry about this for the time being.
---------------------------------------
(BTCUSDT 1W chart)
The HA-Low indicator is an indicator that gives you a tradable spot created by a combination of RSI 30 and Heikin Ashi.
Therefore, if the HA-Low indicator shows support, it means that a bottom has been made.
The HA-High indicator is an indicator that gives you a tradable spot created by a combination of RSI 70 and Heikin Ashi.
Therefore, if resistance is confirmed in the HA-High indicator, it means that a high has been made.
in a different way
If resistance is confirmed in the HA-Low indicator, it means that a new point can be created,
If the HA-High indicator shows support, it means that a new high could be made.
At 21023.14, the HA-Low indicator on the 1M chart is looking to be created.
If this month's candlestick closes near the current price, a HA-Low indicator will be created at 21023.14.
The HA-Low indicator on the 1M chart is created at 21023.14, which means that it is a point where buying is possible from a long-term perspective.
From a mid- to long-term perspective, it can be seen that the price has turned to an uptrend as it breaks away from the downtrend line (1) and rises above the MS-Signal indicator.
In this situation, if the price rises above the HA-Low indicator on the 1M chart and maintains the price, it is expected that the upward trend will be maintained.
However, since the HA-High indicators of the 1M chart and the HA-High indicators of the 1W chart are formed at fairly high points, these indicators should be generated near the current price.
In that sense, I think it is highly likely to show a sideways movement in the maximum range of 17.8K-26K and minimum 19.6K-22.9K.
A drop below 17.8K and below the downtrend line (1) would prove that the current rise was a rebound to the downside.
(1D chart)
As mentioned in the 1W chart, the 21023.14-21853.06 section is a section formed by the HA-Low indicator.
Therefore, if it rises to this area and holds the price, there is a possibility of forming a bottom.
(You may say, “This is the high point, but how is it the low point!”, but the 21023.14-21853.06 section is formed by the HA-Low indicators on the 1M and 1W charts, so it means that it is a low point from a mid- to long-term perspective.)
In any case, from a short-term perspective, the 21023.14-21853.06 section is bound to come as a large resistance section.
Therefore, buying pressure should increase to cross this range.
Therefore, if it rises and fails to gain support, it will be more likely that the price will fall in order to increase buying pressure.
when it goes down,
1st : around 20050.02
2nd: Around 19176.93
It is necessary to check whether it is supported in the 1st and 2nd sections.
If it rises above 21023.14 and holds the price,
1st: Around 21853.06
2nd: Around 22487.41
It is necessary to check whether resistance is received in the 1st and 2nd sections.
It looks like the HA-Signal indicator on the 1M chart is falling around 26K.
Therefore, if it surges, be careful as there is a possibility of a sharp decline while touching the HA-Signal indicator on this 1M chart.
This movement is the basis for the possibility of consolidation in the maximum range of 17.8K-26K mentioned in the 1W chart description.
The next volatility period is around January 21-30.
------------------------------------------
- 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.)
---------------------------------
BTC/USD weekly time frame UPDATE !!Hello, welcome to this BTC /USD weekly time frame chart update by CRYPTO SANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:- BTC bounced off the historical trendline and declined below support on the weekly time frame with a solid bullish volume. The bulls also recaptured the powerful horizontal support, which shows the strength of the bulls.
Currently, the bulls are facing the previous lower high resistance at $21.5K. We need to look for an effective breakout of the falling wedge, which would confirm a solid rally in the market.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Compression of dangerous spring on BTC dominance. Hi people!
The ones I love the most out of you are the ones who send me curses in private messages.
That's a real declaration of love.
When you don't care so much what a person thinks, You rush to tell him exactly how much you don't care about him... lol.
It is actually, of course, a phenomenon long known to anthropologists, namely the symbolic murder of a sorcerer. You have to kill the sorcerer's power so that he doesn't affect the change in reality. A sorcerer can be killed with a word. In case you are interested in anthropology?
So, Bitcoin domination. 1W.
I wouldn't rush to wait for the alt-season, and here's why. If you haven't yet discerned signs of a hidden gait to the upside, it just means you are using a weak methodology for h analysis.
All that is happening now is a very high quality bull trap.
Meaning of point 20984.7 about to be createdHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice day.
-------------------------------------
(USDT 1D chart)
I need to see if I can keep it at 66.442B or higher.
(USDC 1D chart)
A move out of 44.07B-44.807B came out.
We need to see if it can rise above 44.07B.
The rise in the gap between USDT and USDC is considered to be a sign of new funds entering the coin market.
(BTC.D 1D chart)
An increase in BTC dominance means that funds will be concentrated towards BTC.
The next period of volatility is around the 23rd of January.
(USDT.D 1D chart)
An increase in USDT dominance means that the coin market is likely to decline.
We need to see if it can drop below 7.27.
---------------------------------------
(BTCUSDTPERP 1D Chart)
The chart above is displayed to see the overall flow.
It started showing at the HA-Low indicator 20984.7, which is about to be created on the 1M chart.
Therefore, the point that can be purchased from a long-term perspective is 20984.7 points.
However, you need to confirm that you are supported.
If resistance is encountered at the HA-Low indicator, there is a possibility of a sharp decline, so countermeasures should also be considered.
Anyway, the fact that the HA-Low indicator on the 1M chart shows a movement to create at the current price position shows that the flow of the chart is changing.
In order to keep the flow on these charts, it is expected that it will stay if it does not fall below the downtrend line (1).
The volume profile point of the 1M chart started to form at 19411.7 point, and after 5 months, it showed an upward breakout.
Therefore, maintaining the price above 19411.7 is important from a long-term perspective.
However, it is most important to keep the price above 20984.7 as the HA-Low indicator on the 1M chart is about to form at the 20984.7 point.
A shift to a new trend does not necessarily lead to an uptrend.
If it rises above the HA-High indicator on the 1W chart, it is highly likely to continue its mid- to long-term upward trend.
Therefore, since the current HA-High indicator point on the 1W chart is located at 59409.3 point, it is highly likely that it will shake up and down around 20984.7 point.
What the extent of this volatility will be is yet to be seen.
However, the volume profile plotted on the chart is formed over 19411.7-24294.1.
Therefore, it is necessary to check whether there is movement within the range of 19411.7-24294.1.
----------------------------------
(1h chart)
If the price is maintained above the M-Signal line of the 1D chart and above 17108.7, the main position is 'LONG'.
Therefore, a quick response is required when entering the 'SHORT' position.
HA-High began to form a horizontal line, and MS-Signal rose above 20570.1 points.
Therefore, a move away from 20570.1-20984.7 is expected in the near future.
In my chart, the MS-Signal indicator plays an important role, so when starting a trade, if possible, it is recommended to check whether there is support or resistance near the MS-Signal indicator before starting the trade.
If you are confirmed to be supported in 'L1', 20794.4-20984.7, you can enter the 'LONG' position.
1st selling point: around 21826.1
2nd: 22471.5-22975.1
Close transaction: 23937.1-24294.1
In order to enter a full-fledged 'SHORT' position, it must fall below the M-Signal on the 1D chart.
Therefore, a quick response is required when entering the 'SHORT' position near 'S2', 20570.1.
1st selling point: around 20122.5
Trade Closed: 19188.6-19411.7
Important indicators to look at when trading are HA-Low, HA-High, MS-Signal, M-Signal, and 5EMA on the 1D chart.
You should be able to change your position flexibly depending on whether you touch this indicator and receive support or resistance.
-------------------------------------------
- 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.)
---------------------------------
Will be able to overcome a big hurdle...Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice day.
-------------------------------------
(USDT 1D chart)
I need to see if I can keep it at 66.442B or higher.
(USDC 1D chart)
I need to see if I can come up with a gap rise in the 44.07B-44.807B range or more.
The rise in the gap between USDT and USDC is considered to be a sign of new funds entering the coin market.
(BTC.D 1D chart)
An increase in BTC dominance means that funds will be concentrated towards BTC.
In order for the coin market to show solid (rich in circulation) movement, it is expected that a bull market will be formed only when it rises at least 43.75 and then starts to fall.
However, if it rises above 45.68, it is likely that a tough market will be formed as BTC alone can become a rising market.
The uptrend is expected to close when it touches the 39.56-40.44 zone or rises above 45.68.
The next period of volatility is around the 23rd of January, so you should pay attention to the movements during this time.
(USDT.D 1D chart)
An increase in USDT dominance means that the coin market is likely to decline.
When it rose near 7.27, I started to think that it was the beginning of a bull market.
The key is whether it meets resistance at 7.27 and declines.
The next volatility period is around January 24th.
---------------------------------------
(BTCUSDT 1W chart)
Breaking out of 15475.10-17880.71, there is a big uptrend.
The 20050.02 point corresponds to the volume profile section of the 1M chart.
So, if the price holds up above 20050.02, you've crossed an important hurdle.
It is judged that a stepping stone has been prepared for a transition from a new flow to a new trend turn.
At this time, the important thing is that it should not fall below the downtrend line (1).
If the price is maintained above HA-Low and above MS-Signal, it is highly likely to turn into a mid- to long-term uptrend.
(It is still an ambiguous position to say that it has been completely supported beyond MS-Signal.
To dispel this ambiguity, MS-Signal must be converted to a rising sign.)
In order to sustain the mid- to long-term upward trend, the price needs to rise above HA-High to maintain the price.
By the way, the current HA-High indicator point is located at 59370.07.
Therefore, it is said that it must rise above 59370.07 to continue the mid- to long-term upward trend.
This part doesn't make sense, so you have to shake it up and down to make the HA-High indicator drop.
Therefore, if it rises above the 20050.02 point and shakes up and down and the HA-High indicator declines, I think it will increase the possibility of making a good move.
At the time of this up and down swing, most individual investors will have exited their trades.
The full-fledged rise of the coin market is listed below, but it is expected that it will be possible only when it rises above 29K.
It is expected that the HA-High indicator will fall before that.
(1D chart)
If this uptrend ends with a one-off,
1st: 17880.71
2nd : 19176.93-20050.02
It is expected to touch the vicinity and fall.
If the new trend breaks, i.e. falls below 16428.78,
1st: 15475.10
2nd : 14.8K
3rd : 13500-13761.50
It is expected to touch the vicinity.
The next volatility period is around January 21-30.
Therefore, it should hold the price above 20050.02 before the next period of volatility, or show funds coming in in USDT, USDC.
If not, chances are you'll end up with a one-shot rise.
Even if this is a one-time rise, if the price stays above the downtrend line (1), it will eventually start to rise again.
------------------------------------------
- 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.)
---------------------------------
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BTC /USD 1DAY chart update by CRYPTO SANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:- Bitcoin (BTC) climbed to a two-month high in today's session as the price climbed above the $21000 mark.
After a low of $17,995.20 on Thursday, BTC/USD rose to a high of $19,031.80 at the beginning of the day.
As a result of this move, the world's largest cryptocurrency climbed to its strongest point since November 8, when the price was above $21,000.
Looking at the charts, the rally peaked at 82.00 with the 14-day Relative Strength Index (RSI), its highest level in over a year.
Moreover, the upside trend continues to mature at the 10-day (red), and 25-day (blue) moving averages, thus adding to the bullish momentum.
Nevertheless, prices are now well beyond overbought, which could mean the bears are hiding and preparing for re-entry.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
BTC/USDT 8HOUR UPDATEHello and welcome to this BTC /USDT chart update by Crypto Sanders.
I have tried to bring the best possible result in this chart.
Chart Analysis:-BTC bounces off the cup and holds support after a successful retest
BTC has also formed a cup and handle pattern, which is technically a bullish pattern. Currently, the price is trading in an upside cup shape.
This is not a piece of financial advice.
Hit the like button if you like it and share your chart in the comment section.
Thank you
What you need to keep in order to change the trend is...Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice day.
-------------------------------------
(USDT 1D chart)
I need to see if I can keep it at 66.442B or higher.
(USDC 1D chart)
A move out of 44.07B-44.807B came out.
We need to see if it can rise above 44.07B.
The rise in the gap between USDT and USDC is considered to be a sign of new funds entering the coin market.
(BTC.D 1D chart)
An increase in BTC dominance means that funds will be concentrated towards BTC.
The next period of volatility is around the 23rd of January.
(USDT.D 1D chart)
An increase in USDT dominance means that the coin market is likely to decline.
We need to see if it can drop below 7.27.
The rise in BTC dominance shows that BTC is leading the coin market.
At the same time, the decline in USDT dominance has increased the possibility that the entire coin market will show an upward trend.
USDT dominance previously failed to fall below 7.86 and rose, showing a trend that did not break through 17.8K.
We need to see if we can get resistance this time at 7.86 and drop below 7.27.
We believe that BTC dominance should rise above 43.75 at least for the coin market to show a solid (liquidity) uptrend.
However, if it starts to rise above 45.68, be careful as there is a possibility that BTC will continue to rise alone or the coin market will face a downward trend again.
As an individual investor, it is not easy to trade while constantly observing all these charts, i.e. USDT, USDC, BTC.D, USDT.D.
Therefore, you only need to look at the chart that suits your situation once.
USDT.D Chart
- A chart that shows whether the coin market will rise or fall
- If USDT dominance rises, the coin market is likely to fall
- If USDT dominance declines, the coin market is likely to rise
- Disadvantages: Since it shows the overall flow of the coin market, there is a possibility that only the movement of BTC and ETH will be shown rather than the movement of a specific coin (token).
BTC.D Chart
- A chart that shows where the money in the coin market is concentrated
- When BTC dominance rises, it means that funds are concentrated towards BTC
- When BTC dominance declines, it means that funds are concentrated towards altcoins
- Disadvantage: Since you can know the flow of funds, you cannot know the movement of the coin (token) price.
Therefore, to compensate for these shortcomings, you should look at the BTC.D and USDT.D charts together.
USDT chart
- A chart that shows the overall fund status of the coin market
- When the gap rises, it means that funds have entered the coin market.
- When a gap decline occurs, it means that funds are withdrawn from the coin market.
USDC Chart
- A chart that shows the investment status of US investment products, that is, investment products such as ETFs
- This means that the investment environment for investment products is improving when the gap rises.
It is believed that this improved investment environment will serve as a bridge for inflow of funds into the coin market.
In particular, I think it plays a decisive role in continuing the relationship with the index chart of the stock market.
I think that USDC's gap increase is more likely to show a flow that is coupled with the index chart of the stock market, and gap decline is more likely to show a decoupling flow.
Activation of investment products will make it easy for investment institutions to enter the coin market, which will serve as an opportunity for the coin market to create a more transparent and sound investment environment.
However, as investment institutions enter the coin market, the opportunity for individual investors to earn large profits will decrease.
---------------------------------------
(BTCUSDTPERP 1D Chart)
The chart above is displayed to see the overall flow.
It is showing an upward trend by breaking upward through the -100 indicator, HA-Low indicator, and HA-High indicator.
It can be seen that since the beginning of this movement, on the 27th of November, there has been a new trend from the downtrend line to sideways.
However, it was after December 15th that I became aware of these movements.
It was found that it had switched to a new flow as it moved sideways in the section consisting of -100, HA-Low, and HA-High.
On January 12, the -100 indicator rose from a step decline, providing a clear indication that the strength of the uptrend is growing.
However, as a prerequisite for an upward trend, the price must be maintained by rising above HA-Low or above MS-Signal.
Therefore, in order to turn into an upward trend from a mid- to long-term perspective, it must rise above the M-Signal on the 1W chart.
(HA-Low point on 1W chart: 17864.7)
This interpretation gives us an idea of why the stock is currently stopped at its current price level.
The -100 and +100 indicators are created using the CCI formula.
Thus, a rise above the -100 indicator indicates that the trend has turned sideways from a downtrend.
This sideways range is between -100 and +100.
Therefore, it means that the price needs to rise above 38326.8 to complete the sideways consolidation and revert to an uptrend.
It is almost impossible for the real price to spike and rise above 38326.8, so we have to wiggle the price up and down to create a drop in +100 indicator.
When that happens, if the price holds above the point where the +100 indicator was created, it can be interpreted that the possibility of reversing into an uptrend has increased.
Currently, the volume profile section of the 1M chart is forming at 19411.7.
Therefore, when the price holds above 19411.7, a +100 indicator will be generated, which will make the uptrend more likely.
In order to continue the upward trend from a mid- to long-term perspective, the price must be maintained by rising above the HA-High indicator.
However, since the HA-High indicator is formed at 59409.3, we need to shake it up and down just like the +100 indicator to make the HA-High indicator fall.
The fact that it has to be shaken up and down like this to make it fall means that there is a high possibility of great volatility in the future.
If not, and if it starts to move sideways at any interval, it is likely to have a fairly long sideways period.
Looking at this flow, you can see how large a trend change would be if the price held above 19411.7.
----------------------------------------------------
(1h chart)
If the price is maintained above the M-Signal line on the 1D chart and above 17108.7, the main position is 'LONG'.
Therefore, a quick response is required when entering the 'SHORT' position.
The 5EMA of the 1D chart and the M-Signal of the 1D chart, which are important parts of my trading strategy, are below, so it is currently unsuitable for trading.
For a minimum trade to be possible, MS-Signal must rise and show support or resistance.
These 3 indicators contribute significantly to position entry, as they are trend-indicating indicators.
In this sense, since the price is currently located near the M-Signal on the 1W chart, you should check whether it finds support or resistance.
It is recommended to enter 'L1' and 'LONG' positions when they show support around 19411.7.
1st selling point: around 20122.5
2nd: around 20853.8
End of trading: around 22471.5
Entry into 'S2' and 'SHORT' positions is possible when resistance is shown at 18741.7.
However, since the price is located above the M-Signal on the 1D chart, a quick response is required.
1st selling point: around 18369.8
Trade Closed: 17864.7-17935.7
It is recommended to close the trade if it touches the 5EMA line on the 1D chart and fails to decline.
Full-fledged 'SHORT' entry is when it shows resistance at 'S1', 17588.0.
-------------------------------------------
- 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.)
---------------------------------
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BTC /USD 1DAY chart update by CRYPTO SANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:- Bitcoin (BTC) surged above $18,000 on Thursday, as markets prepared for a further drop in U.S. consumer prices.
BTC/USD raced to an intraday high of $18,268.55 earlier in today’s session, less than 24 hours after trading at a low of $17,337.99.
Today’s move saw bitcoin climb to its strongest point since December 14, when prices were at a peak of $18,385.
Looking at the chart, the rally took place as the 14-day relative strength index (RSI) continued to move deeper into overbought territory
As of writing, the index is now tracking at 75.98, which is its highest mark since October 2021.
Depending on this afternoon’s inflation rate, there could be a reversal in BTC, as earlier momentum may have already peaked.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
The most important thing in your current position is...Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice day.
-------------------------------------
(USDT 1D chart)
I need to see if I can keep it at 66.442B or higher.
(USDC 1D chart)
I need to see if I can come up with a gap rise in the 44.07B-44.807B range or more.
The rise in the gap between USDT and USDC is considered to be a sign of new funds entering the coin market.
(BTC.D 1D chart)
A drop in BTC dominance means a concentration of funds towards altcoins.
The 39.56-40.44 interval is a high probability of rapid volatility.
The next volatility period is around January 23rd.
(USDT.D 1D chart)
An increase in USDT dominance means that the coin market is likely to decline.
We need to see if it can fall below 7.86.
The next volatility period is around January 24th.
---------------------------------------
(BTCUSDT 1W chart)
A trend is likely to form out of 15475.10-17880.71.
When StochRSI breaks out of the overbought zone, we need to check if the price is holding above 16542.40.
(1D chart)
If the price stays above the HA-High, we expect it to continue its short-term uptrend.
It should move up to the 17601.15-17880.71 zone and see if it can hold the price.
At the current price level, what matters is whether it can break out of the downtrend line (1).
This is because a breakout from the downtrend line (1) is expected to form a new trend.
All three indicators (CCI, RSI, StochRSI) have been in the overbought zone for 4 days on the HA SRRC indicator.
Therefore, the possibility of showing a decline at any time is increasing.
If the price fails to break the previous day's high and then breaks the previous day's low, there is a possibility of a decline the next day, so be careful.
At this time, you need to make sure that you get support around 17115.96.
The next volatility period is around January 21-30.
If this uptrend ends with a one-off,
1st : 17880.71
2nd : 19176.93-20050.02
It is expected to touch the vicinity and fall.
If the new trend breaks, i.e. falls below 16428.78,
1st: 15475.10
2nd : 14.8K
3rd : 13500-13761.50
It is expected to touch the vicinity.
------------------------------------------
- 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.)
---------------------------------
The 4 Most Common Indicatorshello dear traders,
Here are some educational chart patterns that you must know in 2022 and 2023.
I hope you find this information educational and informative.
We are new here so we ask you to support our views with your likes and comments,
Feel free to ask any questions in the comments, and we'll try to answer them all, folks.
Trend traders attempt to isolate and extract profit from trends. The method of trend trading tries to capture gains through the analysis of an asset's momentum in a particular direction; there are multiple ways to do this. Of course, no single technical indicator will punch your ticket to market riches; in addition to analysis, traders also need to be well-versed in risk management and trading psychology. But certain strategies have stood the test of time and remain popular tools for trend traders who are interested in analyzing certain market indicators.
Moving Averages:-
Moving Averages:-
Moving Average is a technical analysis tool that smoothes price data by creating a continuously updated average price. On a price chart, the moving average forms a single, flat line that effectively eliminates any variation due to random price fluctuations.
The average is taken over a specific period of time—25 days, or any time period that the trader chooses. For investors and long-term trend followers, the 200-day, 100-day, and 50-day simple moving averages are popular choices.
There are many ways to use moving averages. The first is to look at the angle of the moving average. If it is moving mostly horizontally for an extended period of time, the price is not trending, it is ranging. A trading range occurs when a security trades between high and low prices consistently for a period of time.
If the moving average line is in an upward direction, then an uptrend is underway. However, moving averages do not make predictions about the future price of a stock; They simply reveal what the price is doing on average over a period of time.
Another way is to use crossover moving averages. By plotting the 200-day and 50-day moving averages on your chart, a buy signal occurs when the 50-day crosses above the 200-day. A sell signal occurs when the 50-day crosses below the 200-day.
When the price moves above the moving average, it can also be used as a buy signal, and when the price moves below the moving average, it can be used as a sell signal.
However, the price is more volatile than the moving averages, so this method is more prone to false signals, as shown in the chart above.
Moving averages can also provide support or resistance to the price.
Moving Average Convergence Divergence (MACD):-
Moving Average Convergence Divergence (MACD):-
The Moving Average Convergence Divergence (MACD) is a type of oscillating indicator. An oscillating indicator is a technical analysis indicator that oscillates over time within a band (above and below the centerline; the MACD oscillates above and below zero). It is both a trend-following and momentum indicator.
A basic MACD strategy is to look at which side of the MACD line is zero in the histogram below the chart. If the MACD lines are above zero for a sustained period of time, there is a possibility of an uptrend for the stock. Conversely, if the MACD lines are below zero for a sustained period of time, the trend is likely to be down. Using this strategy, potential buy signals occur when the MACD moves above zero, and potential sell signals when it moves below zero.
Signal line crossovers can also provide additional buy and sell signals. The MACD consists of two lines – a fast line and a slow line. A buy signal occurs when the fast line crosses through and above the slow line. A sell signal occurs when the fast line crosses through and below the slow line.
Relative Strength Index (RSI):-
Relative Strength Index (RSI):-
The Relative Strength Index (RSI) is another oscillating indicator, but its movement ranges between zero and 100, so it provides different information than the MACD.
One way to interpret the RSI is to view the price as "overbought" - and due to a correction - when the indicator is above 70 in the histogram, and to view the price as oversold - and due to a bounce - when the indicator is below 70. is 30.
In a strong uptrend, the price will often reach 70 and above for sustained periods of time. For a downtrend, the price may remain at or below 30 for a long period of time. While general overbought and oversold levels can sometimes be accurate, they may not provide the most timely signals for trend traders.
One option is to buy near oversold positions when the trend is up and short near overbought positions in downtrends.
For example, suppose the long-term trend of a stock is up. A buy signal occurs when the RSI crosses below 50 and then crosses back above it. Essentially, this means that the price has come down. Hence the trader buys when the pullback appears to be over (according to the RSI) and the trend is resuming. The 50-level is used because the RSI typically does not reach 30 in an uptrend unless a potential reversal is taking place. A short-trade signal occurs when the trend is down and the RSI moves above 50 and then moves back below it.
Trendlines or moving averages can help establish the direction of the trend and in which direction to take trading signals.
On-Balance Volume (OBV):-
On-Balance Volume (OBV):-
Volume is a valuable indicator in its own right, and on-balance volume (OBV) takes important volume information and compiles it into a single-line indicator. The indicator measures cumulative buying and selling pressure by adding volume on "up" days and decreasing volume on "down" days.
Ideally, the volume should confirm the trends. With an increasing price there should be an increasing OBV; With a falling price, the OBV should also fall.
If the OBV is rising and the price is not rising, it is likely that the price will follow the OBV in the future and start rising. If the price is rising and the OBV is flat-lining or declining, the price may be nearing the top. If the price is falling and the OBV is flat-lining or rising, then the price may be nearing the bottom.
The Bottom Line:-
In addition to providing trend trading signals and warnings about reversals, indicators can simplify price information. The indicators can be used on all time frames, and for the most part, they have variables that can be adjusted to suit each trader's specific preferences. Traders can combine indicator strategies - or come up with their own guidelines - so the entry and exit criteria for trades are clearly established.
Learning to trade indicators can be a difficult process. If a particular indicator appeals to you, you may decide to do further research on it. Most importantly, it is a good idea to test it before using it to trade live. And for those who have never actively traded before, it is important to know that opening a brokerage account is an essential first step in gaining access to the crypto market.
Trade with care.
If you like our content, please feel free to support our page with a like, comment
Hit the like button if you like it and share your charts in the comments section.
Thank you
Is it possible to rise 17.8K by breaking through BB...Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice day.
-------------------------------------
(USDT 1D chart)
I need to see if I can keep it at 66.442B or higher.
(USDC 1D chart)
A move out of 44.07B-44.807B came out.
Therefore, we need to see if it leads to further gap reduction.
The rise in the gap between USDT and USDC is considered to be a sign of new funds entering the coin market.
(BTC.D 1D chart)
A drop in BTC dominance means that funds are concentrated towards altcoins.
The next period of volatility is around the 23rd of January.
(USDT.D 1D chart)
An increase in USDT dominance means that the coin market is likely to decline.
We need to see if it can fall below 7.86.
---------------------------------------
(BTCUSDTPERP 1D Chart)
If the price is maintained above the HA-High, it is expected to continue its upward trend.
It shows StochRSI holding at the 100 point.
Therefore, when it breaks out of the overbought zone or shows a decline, it is necessary to check at which point it receives support and resistance.
If it breaks the previous day's high, StochRSI is expected to hold its current position.
I need to see if the RSI can rise above 17108.7 before entering the overbought zone or turning down.
An attempt to break above the top of the Bollinger Bands (60) is leading, so if successful, I would expect a move up to the 17588.0-17864.7 zone.
It's an important move to overcome going forward.
To continue the new trend, we need to keep the price above 16422.6.
It needs to rise above 17108.7 to continue the short-term uptrend.
In order to turn into a mid- to long-term uptrend, it must rise above 17864.7.
To create a new trend change, it needs to break out of the downtrend line (1).
(1h chart)
If the price is maintained above the M-Signal line of the 1D chart and above 17108.7, the main position is 'LONG'.
Therefore, a quick response is required when entering the 'SHORT' position.
In the 1D chart description, I mentioned that I was trying to break above the Bollinger Bands (60).
Therefore, it is judged that the area around 17410.2 plays an important support and resistance role.
So, if it falls from 17410.2, it is likely to lead to further declines, but this further decline seems likely to be a trick.
Therefore, it is not recommended to enter 'SHORT' when falling from 17410.2 as it requires a quick response.
Since the M-Signal on the 1D chart is rising to around 16987.1, it is burdensome to enter the 'SHORT' position in the 'S2', 17108.7-17188.1 section.
However, since the 17108.7 point is where the HA-High of the 1D chart is formed, rapid movements may occur when it falls, so it is considered a good position to enter with 'SHORT'.
At this time, if you enter 'SHORT', the first transaction end point must be set at 17188.1 point, so you need to adjust your investment or leverage.
1st selling point: 16938.1-16987.1
2nd: 16730.-16801.2
Close of trading: around 16580.6
It is not a good idea to enter a 'LONG' position from your current position.
The reason for this is that it is currently attempting an upward breakout above the upper Bollinger Bands (60) on the 1D chart described above.
This is because the upper Bollinger Bands (60) are currently acting as resistance.
Even if you take such a risk, if you want to enter 'LONG', it is judged that it is highly likely to continue the upward trend to enter after confirming the rise above 17453.6.
The 'LONG' position entered in this way is
1st selling point: around 17588.0
Round 2 and end of trade: around 17864.7
Transactions are possible as above.
The reason it's good to close the trade around 17864.7 is because 17864.7 is the HA-Low point on the 1W chart.
So, since you are in a good position to enter a new position, you should close your old position and see the situation.
It is not recommended to enter positions in the 17108.7-17188.1 section.
The reason is that it is a section consisting of HA-High and +100 indicators, which is likely to cause rapid volatility.
Therefore, you need to enter the position when you see movement out of this area.
-------------------------------------------
- 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.)
---------------------------------
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BTC /USD 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:- Bitcoin(BTC) moved above the $17,000 level to start the week, as markets shifted their focus to this week’s U.S. inflation report.
Following a low of $16,928.18 on Sunday, BTC/USD surged to a peak of $17,283.72 earlier in today’s session.
The move saw BTC climb to its highest point since December 16, when price was at a high of $17,525.
Looking at the chart, today’s high came as the 10-day (red) moving average finally crossed over its 25-day (blue) counterpart.
In addition, the 14-day relative strength index (RSI) marginally moved past its current resistance level of 60.00.
As of writing, the index is tracking at 60.46, with the following visible ceiling at the 63.00 zone.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
BTC/USDT 4HOUR UPDATEHello and welcome to this BTC /USDT chart update by Crypto Sanders.
I have tried to bring the best possible result in this chart.
Chart Analysis:-BTC attempted to break the horizontal red resistance and was able to trade above it. Now it is trading above it again.
Here we need a successful retest above the horizontal red resistance to confirm another bullish move.
If it continues to decline from here, it will do some correction towards the horizontal support from where we can expect a bounce back.
This is not a piece of financial advice.
Hit the like button if you like it and share your chart in the comment section.
Thank you
The importance of the 17.1K point...Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice day.
-------------------------------------
(USDT 1D chart)
I need to see if I can keep it at 66.442B or higher.
(USDC 1D chart)
I need to see if a move out of 44.07B-44.807B can come out.
The rise in the gap between USDT and USDC is considered to be a sign of new funds entering the coin market.
(BTC.D 1D chart)
A drop in BTC dominance means a concentration of funds towards altcoins.
The 39.56-40.44 range is the area where sharp volatility is likely to occur.
The next volatility period is around January 23rd.
(USDT.D 1D chart)
An increase in USDT dominance means that the coin market is likely to decline.
We need to see if it can fall below 7.86.
The next volatility period is around January 24th.
---------------------------------------
(BTCUSDT 1W chart)
A trend is likely to form out of 15475.10-17880.71.
When StochRSI breaks out of the overbought zone, we need to see if the price holds above 16542.40.
(1D chart)
If the price stays above the HA-High, we expect it to continue its short-term uptrend.
However, since the HA-High indicator corresponds to the soaring line, there is a high possibility of volatility that touches this indicator point and shakes it up and down, so you need to think about this when trading.
It is the opposite concept of HA-High because it can plunge if it is resisted by the HA-Low indicator.
Therefore, when the HA-Low indicator shows support, it can be used as a buying point as it increases the likelihood of a bullish reversal.
HA-Low and HA-High are indicators calculated as a combination of the Heikin Ashi candle and the RSI, and are created to trade using the Heikin Ashi candle.
The MS-Signal indicator serves as both support and resistance as well as an indicator to confirm the trend.
So, if the price holds above the MS-Signal indicator, it means that it is in an uptrend.
If support is confirmed at the HA-High point at 17115.96, the first selling point is around 17880.71.
If the 17880.71 point touches the HA-Low point on the 1W chart, a sharp movement may occur, so the first sale should be made to preserve profits.
Looking at the HA SRRC indicator, we can see that the CCI, RSI and StochRSI indicators all entered the overbought zone.
Therefore, if the price does not break the previous day's high, it is likely to lead to a move out of the overbought zone.
When it exits the overbought zone,
1. To continue the short-term uptrend, it needs to show support around 17115.96.
2. In order to maintain the short-term uptrend, the price must be maintained above HA-Low and above MS-Signal.
3. The 16428.78-16542.40 section corresponds to the volume profile section of the -100 indicator and 1M chart, so the price must be maintained above this section to continue the new trend.
If it falls below items 1-3 above, BTC is expected to renew its recent low.
Therefore, a decline is expected around 14818.38.
Therefore, you can see how important support and resistance is at the price where it is currently located, around 17115.96.
The next volatility period is around January 21-30.
If this uptrend ends with a one-off,
1st: 17880.71
2nd : 19176.93-20050.02
It is expected to touch the vicinity and fall.
If the new trend breaks, i.e. falls below 16428.78,
1st: 15475.10
2nd : 14.8K
3rd : 13500-13761.50
It is expected to touch the vicinity.
------------------------------------------
(BTCKRW 1D chart)
The key is whether it can be supported around 20840000 and rise above 21990000 to be supported.
------------------------------
- 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.)
---------------------------------
Rise above 17.1K to continue short-term uptrendHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice day.
-------------------------------------
(USDT 1D chart)
I need to see if I can keep it at 66.442B or higher.
(USDC 1D chart)
A move out of 44.07B-44.807B came out.
Therefore, we need to see if it leads to further gap reduction.
The rise in the gap between USDT and USDC is considered to be a sign of new funds entering the coin market.
(BTC.D 1D chart)
A drop in BTC dominance means that funds are concentrated towards altcoins.
The next period of volatility is around the 23rd of January.
(USDT.D 1D chart)
An increase in USDT dominance means that the coin market is likely to decline.
We need to see if it can fall below 7.86.
---------------------------------------
(BTCUSDTPERP 1D Chart)
In order to continue the short-term uptrend, it needs support above HA-High and above 17108.7.
To do so, you need to keep the price above MS-Signal and above 16730.0.
It shows StochRSI holding at the 100 point.
Therefore, when it breaks out of the overbought zone or shows a decline, it is necessary to check at which point it receives support and resistance.
If it breaks the previous day's high, StochRSI is expected to hold its current position.
I need to see if the RSI can rise above 17108.7 before entering the overbought zone or turning down.
It's an important move to overcome going forward.
To continue the new trend, we need to keep the price above 16422.6.
It needs to rise above 17108.7 to continue the short-term uptrend.
In order to turn into a mid- to long-term uptrend, it must rise above 17864.7.
To create a new trend change, it needs to break out of the downtrend line (1).
(1h chart)
If the price is maintained above the M-Signal line of the 1D chart and above 17108.7, the main position is 'LONG'.
Therefore, a quick response is required when entering the 'SHORT' position.
Looking at the StochRSI, it shows that it failed to enter the overbought or oversold zone.
I think it means that the transaction has decreased by that much.
If you enter the overbought or oversold zone, then you need to check whether you are receiving support or resistance by falling below the MS-Signal or rising above 16987.1.
If you show resistance at 'S2', 16938.1-16987.1, you can enter the 'SHORT' position.
1st selling point: 16730.0-16801.5
2nd : 16580.6-16613.5
At the end of the transaction
1. When the entry price is touched
2. When touching the M-Signal of the 1D chart
3. When the 5EMA of the 1D chart is touched and supported
4. When touching around 16422.6
If you show support at 'L1', 17108.7, you can enter the 'LONG' position.
1st selling point: around 17410.5
2nd: Around 17588.0
At the end of the transaction
1. When the entry price is touched
2. When touching the M-Signal of the 1D chart
3. When you touch 5EMA on the 1D chart and get resistance
4. When touched near 17864.7
-------------------------------------------
(BTCKRW 1D chart)
You need to keep the price above 20840000-21162000 and see if it can rise above 22339000.
It did not even rise above MS-Signal, but StochRSI is showing a decline.
Therefore, you need to see if it can rise above the MS-Signal and above the downtrend line.
The next volatility period is around January 28th.
------------------------------
- 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.)
---------------------------------
BTC/USD 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this BTC /USD 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:- Bitcoin (BTC) mostly consolidated on Thursday, as the price failed to break out of the critical level of $17,000 yesterday.
Following a high of $16,964.59 on hump day, BTC/USD slipped to an intraday low of $16,789.75 earlier in the session.
The drop comes as markets reacted to the latest FOMC minutes, where the Fed has seemingly agreed to maintain interest rate hikes.
This comes as the bank expects a more aggressive rise in inflation, forecasting consumer prices to be at 3.5% in 2023, higher than the 3.1% previously expected.
Looking at the chart, the decline in price also comes as the 14-day relative strength index (RSI) moved below a resistance zone of 51.00.
As of writing, the index is now tracking at 49.14 and seems to be moving toward a support level of 46.00.
This is not a piece of financial advice.
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(when you can buy) When it's hard to find the flow...Hello?
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(USDT 1D chart)
I need to see if I can keep it at 66.442B or higher.
(USDC 1D chart)
I need to see if a move out of 44.07B-44.807B can come out.
The rise in the gap between USDT and USDC is considered to be a sign of new funds entering the coin market.
(BTC.D 1D chart)
An increase in BTC dominance means that funds will be concentrated towards BTC.
We need to see if it can rise above 42.72.
The next volatility period is around January 23rd.
(USDT.D 1D chart)
An increase in USDT dominance means that the coin market is likely to decline.
We need to see if it can fall below 7.86.
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(BTCUSDT 1W chart)
A trend is likely to form out of 15475.10-17880.71.
We expect StochRSI to enter the overbought zone soon.
Therefore, it is necessary to check if the price is maintained above 16542.40 when exiting the overbought zone.
(1D chart)
The key is whether it can be supported above the HA-Low point of 16590.54 and rise above the MS-Signal.
If not, you should check for support around 16428.78.
Since the price is holding above 16740.64 for the 4th day, buying is possible.
However, since it is near the middle of 16740.64-17115.96, it is not actually a good place to start buying.
thus,
1. When it drops to around 16740.64 or around MS-Signal and then turns
2. When rising to around 17115.96 and confirming support
You need to make sure you keep the price above 16740.64, if possible, above MS-Signal.
It is recommended to start trading according to the above two flows.
The reason is that the indicators shown in the HA SRRC indicator are entering the overbought zone.
Therefore, the possibility that it could not rise above 17115.96 and fall could not be ruled out.
The 17115.96 point is where the HA-HIgh line passes, so be careful when trading as touching the 17115.96 point can lead to a sharp movement.
The next volatility period is around January 21-30.
If this uptrend ends with a one-off,
1st : 17880.71
2nd : 19176.93-20050.02
It is expected to touch the vicinity and fall.
If the new trend breaks, i.e. falls below 16428.78,
1st: 15475.10
2nd : 14.8K
3rd : 13500-13761.50
It is expected to touch the vicinity.
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- 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.
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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.
** 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.)
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Day 3 supported at 16.7KHappy new year!
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice day.
-------------------------------------
(USDT 1D chart)
I need to see if I can keep it at 66.442B or higher.
(USDC 1D chart)
A move out of 44.07B-44.807B came out.
Therefore, we need to see if it leads to further gap reduction.
The rise in the gap between USDT and USDC is considered to be a sign of new funds entering the coin market.
(BTC.D 1D chart)
A drop in BTC dominance means that funds are concentrated towards altcoins.
The next period of volatility is around the 23rd of January.
(USDT.D 1D chart)
An increase in USDT dominance means that the coin market is likely to decline.
We need to see if it can drop below 8.11.
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(BTCUSDTPERP 1D Chart)
In order to turn into a short-term uptrend, the key is whether the price can maintain the price by rising above 16730.0 and above MS-Signal.
StochRSI is showing the strongest rise, touching the 100 point.
Therefore, it is important to find support around 16730.0 when exiting the overbought zone.
With the 5-7 Jan volatility period, finding support around 16730.0 becomes even more important.
It's an important move to overcome going forward.
To continue the new trend, we need to keep the price above 16422.6.
It needs to rise above 17108.7 to continue the short-term uptrend.
In order to turn into a mid- to long-term uptrend, it must rise above 17864.7.
To create a new trend change, it needs to break out of the downtrend line (1).
(1h chart)
If the price is maintained above the M-Signal line of the 1D chart and above 17108.7, the main position is 'LONG'.
Therefore, a quick response is required when entering the 'SHORT' position.
However, since the current movement of funds in the coin market is not so good, I think it is unreasonable to think of the main position as 'LONG'.
Therefore, I think it is necessary to enter the position according to the sideways section showing the current movement.
Therefore, in order to set the main position to 'LONG', the price must be maintained by rising above 17108.7.
If you show resistance at 'S2', 16938.1-16987.1, you can enter the 'SHORT' position.
1st selling point: 16730.0-16801.5
2nd : 16580.6-16613.5
At the end of the transaction
1. When the entry price is touched
2. When touching the M-Signal of the 1D chart
3. When the 5EMA of the 1D chart is touched and supported
4. When touching around 16422.6
If you show support at 'L1', 17108.7, you can enter the 'LONG' position.
1st selling point: around 17410.5
2nd: Around 17588.0
At the end of the transaction
1. When the entry price is touched
2. When touching the M-Signal of the 1D chart
3. When you touch 5EMA on the 1D chart and get resistance
4. When touched near 17864.7
-------------------------------------------
- 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.)
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