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Btcdominance

Cross-breeding of systems. BTC D for example.Experimental review. Hi. There is a lot of debate going on on bitcoin dominance right now and I thought I wanted to get the most out of this picture. I came up with the idea to take the weekly Renko chart for parsing and leave almost all my usual indicators except EMA (it is not needed here). And VFI LF is also unnecessary. So what do we observe, besides a clearly visible very strong support around 39.8%? We have a fresh green cube with a pin bar. 1. Funny, the Renko cube went exactly where the clouds change was last time! 2. Next, Renko's cube climbs Kijun-Sen line for the third time. Believe me, not for it to serve as resistance anymore. Only as support. All tests passed. Chikou span (light green lag line) is looking up. Also a good sign. 3. What about the exact same exit upwards? On the edge of the clouds? Hypothesis! But let's note. That perhaps BTC D is flying upwards to a certain "cloud exchange" point. That's around April 1. 4. Devil, but that looks like a bull flag on a stochastic. 5. SQZMOM is heading steadily to the bullish side I'd say a minimum of three weeks, a month max we need before the first green bar. As this is an experimental approach, there will be neither a "long" nor a "short" mark. Let's see together if this kind of reasoning works? Does reliability improve by combining Renko and Ichimoku? We'll review this chart in second half of the spring 2023. OK? Are you interested in this? Thank you for your attention!
CRYPTOCAP:BTC.D
by averkie_skila
9
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS. CHART ANALYSIS:-Bitcoin ( BTC ) Bitcoin (BTC) moved higher on Wednesday, following comments from Federal Reserve Chair Jerome Powell. Speaking yesterday, Powell stated, “The reality is we’re going to react to the data. So if we continue to get, for example, strong labor market reports or higher inflation reports, it may well be the case that we have to do more and raise rates more than is priced in.” BTC/USD rose to an intraday high of $23,367.96 earlier today, less than 24 hours after hitting a low of $22,781.95. Looking at the chart, the move pushed bitcoin to its strongest point in four days and came as the 14-day relative strength index (RSI) ran into a ceiling. The index rose to a ceiling at 65.00, however, momentum was not strong enough to break out of this point. As of writing, the index is tracking at 62.92, with BTC falling from earlier highs, and currently trading at $23,195.36. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:BTCUSD
by CryptoSanders9563
1
The key is whether you can get out of the box area of about 9%Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good 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) It will be a question of whether the gap can continue to rise above 68.468B. (USDC 1D chart) If it falls below 39.675B-42.563B, the coin market is likely to enter a recession. So, the question is whether it can rise above 44.07B-45.087B. (BTC.D 1D chart) In order for the uptrend to be prolonged, it needs resistance and a decline near 43.75. The uptrend is expected to continue until it declines around 39.56-40.44. Otherwise, if it rises above 45.68, there is a possibility that a strange market will be formed where only BTC rises, or the coin market will show a large decline. (USDT.D 1D chart) A rise above 6.90-7.27 is expected to cause the coin market to plummet. As USDT and USDC move, there is a possibility that the area around 5.89-6.21 will be the peak of this uptrend. Therefore, it is necessary to ensure that funds are continuously flowing in USDT and USDC. --------------------------------------- ---------------------------- (BTCUSDTPERP 1D Chart) The key is whether movement outside the 22471.5-24294.1 section can come out. So, unless a decline below 22471.5 shows signs of resistance, further upside is likely. In particular, it is necessary to check whether it is supported or resisted in the vicinity of 23104.6. Based on the point 22471.5, 1. As you ascend, 1st: 23937.1-24294.1 2nd : M-Signal of 1M Chart You need to check if resistance is received near the 1st and 2nd order above. 2. When it goes down, 1st: 20984.7-21826.1 2nd : 19411.7-20122.5 You need to make sure that it is supported in the vicinity of the 1st and 2nd above. I think this week's move is even more significant as the HA-High indicator is not showing signs of declining. In order to continue the mid- to long-term upward trend, the price must be maintained above the HA-High indicator, so there is a high possibility that there will be a movement that causes the HA-High indicator to fall. (1h chart) The M-Signal on the 1D chart is rising, so we expect to touch it sooner or later. Therefore, the flow after touching the M-Signal of the 1D chart is important. Point 23104.6 is the point of the HA-High indicator on the 1D chart, so if it is supported at this point, it is likely to lead to further rise. Since the 5EMA line on the 1D chart is also located near the 23104.6 point, it is necessary to check whether it is supported or resisted. It is possible to enter the 'LONG' position when supported and rising at 'L2', 22975.1-23104.6. However, it is expected that the rise will start when it rises above 5EMA on the 1D chart, so this should be taken into account. 1st: 23592.1-23937.1 2nd: 24294.1-24463.0 Trade close: around 25500.0 1st S/L : Around 22471.5 When resistance is confirmed at 'S2', 22471.5, it is possible to enter the 'SHORT' position. 1st: Around 21826.1 2nd: Around 20984.7 End of transaction: around 20122.5 1st S/L : around 22975.1 ------------------------------------------- (BTCKRW 1D chart) It is necessary to check whether there is movement out of the 27317000-29639000 section. ------------------------------ - big picture A full-fledged uptrend is expected to start when it rises above 29K. This is the 81K-95K range that we expect to touch in the next bull market. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** If 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 (). (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.) ---------------------------------
by readCrypto
Chart analysis, foundation must be strong.Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good 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 chart) If it rises above 68.468B, there is a possibility that the coin market will start a bull market. However, it is necessary to continue the upward trend with a gap. (USDC 1D chart) If it rises above 47.374B, there is a possibility that the coin market will start a bull market. If it falls below 39.675B-42.563B, there is a possibility that the coin market will enter a recession. (BTC.D 1W chart) The key is whether it can decline after receiving resistance in the 43.75-45.68 section. If so, I expect the uptrend to be extended until a decline near the 39.56-40.44 area. Otherwise, if it rises above 45.68, there is a possibility that a strange market will be formed where only BTC rises, or the coin market will show a large decline. The next volatility period is around February 13th. (USDT.D 1D chart) I need to make sure it stays below 6.90. A rise in USDT dominance means a fall in the coin market. --------------------------------------- ---------------------------------------- (BTCUSDT 1W chart) Funds are showing their way into the coin market through USDT. Conversely, funds are being withdrawn from the coin market through USDC. It can be seen that the amount of money leaving the coin market is greater than the amount of money entering the coin market. So, I think the current uptrend is constrained. With BTC's slowing movement, the pumping of altcoins has the potential to accelerate BTC's decline. For this reason, we need to see if we can keep prices above 20798.16-20862.47. The question is whether the HA-High indicator located at 59370.07 can show a decline due to this move. Since the price is maintained by rising above HA-Low and above MS-Signal, it can be seen that the mid- to long-term upward trend has shifted. Therefore, in order to continue the mid- to long-term upward trend, it is important to make the HA-High indicator fall because it must show that the price is maintained by rising above the HA-High. These movements are likely to form a pull back area. Therefore, it is possible that the current decline is a move to form a pull back zone. The low point of the pull back section is 1st: 20798.16-20862.47 2nd: Near HA-Low I think it is highly likely to be formed near the 1st and 2nd order above. (1D chart) While studying charts, you will learn about numerous patterns. One of them, the cup pattern, is starting to show up. Patterns can only be known when they are completed, so you need to be careful because making predictions in the process of creating patterns creates preconceived notions in the analysis. So, that's why I don't tell you in patterns if possible. All the analysis techniques, analysis tools, patterns, etc. that you learned while studying charts are important materials for understanding charts. However, once you understand the chart, you should forget about all these things. That way, you can see and understand the chart according to your own thoughts. If you analyze a chart with all the analysis techniques, analysis tools, patterns, etc., you will unknowingly try to fit the chart into the framework of the analysis techniques, analysis tools, patterns, etc. rather than understanding the flow of the chart. For this reason, it can cause the analysis to go in the wrong direction. Looking at the current chart, it is possible to create a cup pattern based around A and B. Since it needs to rise higher than the highs near A to form a pattern around A, it is likely to form a cup pattern around B for now. I think the important thing in the cup pattern is the handle, not the cup. Therefore, it is important to see where the handle will be made. The square box shown on the chart, i.e. 1st: 21023.14-21853.06 2nd : 19176.93-20591.13 I think there is a high possibility of forming a handle near the 1st and 2nd order above. As mentioned above, predicting patterns is not good. So, depending on how well you pick your support and resistance points, you'll likely gain the power to predict the course of the chart before these patterns form. Difficult analytical techniques have their own analytical skills. Therefore, it is important to study and become familiar with difficult analysis techniques. However, if you do not properly select the support and resistance points, which are the basics of the basics of the chart, you will end up doing the wrong analysis no matter how well you know good analysis techniques. The basis of chart study is to read the flow of the chart, but there must be support and resistance points in order to trade with the flow. Therefore, in order to properly grasp the flow of the chart, it is necessary to study properly to draw support and resistance points. ------------------------------------------ (BTCKRW 1D chart) It is necessary to check whether there is movement out of the 27317000-29639000 section. ------------------------------ - big picture A full-fledged uptrend is expected to start when it rises above 29K. This is the 81K-95K range that we expect to touch in the next bull market. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** If 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 (). (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.) ---------------------------------
by readCrypto
2
First down candlestick in 5 weeks, importance of 22.4KHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good 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) It will be a question of whether the gap can continue to rise above 68.468B. (USDC 1D chart) If it falls below 39.675B-42.563B, the coin market is likely to enter a recession. (BTC.D 1D chart) In order for the uptrend to be prolonged, it needs resistance and a decline near 43.75. The uptrend is expected to continue until it declines around 39.56-40.44. Otherwise, if it rises above 45.68, there is a possibility that a strange market will be formed where only BTC rises, or the coin market will show a large decline. (USDT.D 1D chart) A rise above 6.90-7.27 is expected to cause the coin market to plummet. As USDT and USDC move, there is a possibility that the area around 5.89-6.21 will be the peak of this uptrend. Therefore, it is necessary to ensure that funds are continuously flowing in USDT and USDC. --------------------------------------- ---------------------------- (BTCUSDTPERP 1D Chart) The key is whether movement outside the 22471.5-24294.1 section can come out. So, unless a decline below 22471.5 shows signs of resistance, further upside is likely. Based on point 22471.5, 1. Ascending, 1st: 23937.1-24294.1 2nd : M-Signal of 1M Chart You need to check if resistance is received near the 1st and 2nd order above. 2. When it goes down, 1st: 20984.7-21826.1 2nd : 19411.7-20122.5 You need to make sure that it is supported in the vicinity of the 1st and 2nd above. Since the HA-High indicator is formed at the point 23104.6, it is expected that the movement will be determined depending on whether it is supported or resisted based on this point. However, looking at the 'Strength' sub-index, 1. Uptrend: 2 2. Stationary: 1 3. Downtrend: 1 So, it's showing a weak uptrend. We expect to close with a lower candlestick on the 1W chart, but I think this week's move is more significant as the HA-High indicator is not showing signs of declining. In order to continue the mid- to long-term upward trend, the price must be maintained above the HA-High indicator, so there is a high possibility that there will be a movement that causes the HA-High indicator to fall. (1h chart) As the M-Signal indicator on the 1D chart rises near 22471.5, new volatility is likely. Therefore, if you touch the M-Signal indicator on the 1D chart, it is expected that you will be able to enter the position in earnest according to the position entry method indicated on the chart. therefore, It is possible to enter the 'LONG' position when supported and rising at 'L2', 22975.1-23104.6. However, it is expected that the rise will start when it rises above 5EMA on the 1D chart, so this should be taken into account. 1st: 23592.1-23937.1 2nd: 24294.1-24463.0 Trade close: around 25500.0 1st S/L : around 22471.5 When resistance is confirmed at 'S2', 22471.5, it is possible to enter the 'SHORT' position. 1st: Around 21826.1 2nd: Around 20984.7 End of transaction: around 20122.5 1st S/L : around 22975.1 ------------------------------------------- (BTCKRW 1D chart) It is necessary to check whether there is movement outside the 27317000-29639000 section. ------------------------------ - big picture A full-fledged uptrend is expected to start when it rises above 29K. This is the 81K-95K range that we expect to touch in the next bull market. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** If 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 (). (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.) ---------------------------------
by readCrypto
Finale at the high point, ATL pumping???Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good 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 chart) If it rises above 68.468B, there is a possibility that the coin market will start a bull market. (USDC 1D chart) If it rises above 47.374B, there is a possibility that the coin market will start a bull market. If it falls below 39.675B-42.563B, there is a possibility that the coin market will enter a recession. (BTC.D 1W chart) The key is whether it can decline after receiving resistance in the 43.75-45.68 section. If so, I expect the uptrend to be extended until a decline near the 39.56-40.44 area. Otherwise, if it rises above 45.68, there is a possibility that a strange market will be formed where only BTC rises, or the coin market will show a large decline. The next volatility period is around February 13th. (USDT.D 1D chart) I need to make sure it stays below 6.90. A rise in USDT dominance means a fall in the coin market. --------------------------------------- ---------------------------------------- (BTCUSDT 1W chart) USDT gapped higher, rising above 68B. If the gap continues to rise, the coin market is expected to show an upward trend. However, in order for the rise to lead to a rise in BTC, BTC dominance must rise. If not, it is likely to end up with altcoin circulatory pumping. With the current BTC price rising above 23K, we can see that the rise in BTC dominance has turned into a decline. Therefore, when BTC dominance falls below 43.75, it is expected that the altcoin bull market will begin. If funds are too concentrated towards altcoins, it can cause the BTC price to become more volatile. Therefore, we expect BTC to move away from the 22.4K-24.2K zone. As this week's candlestick closes with a lower candlestick, the question is whether the HA-High indicator can decline. It has risen above 20862.47, that is, above HA-Low and above MS-Signal, and is in a state of transition to a mid- to long-term uptrend. However, in order to continue the mid- to long-term upward trend, it must rise above HA-High, so HA-High must fall. If it fails to create a bearish candlestick and rises, you need to check if it drops near the M-Signal on the 1M chart. (1D chart) The market always moves beyond expectations. It is showing a sideways movement by rising around 24K, which was expected to be the high point of this uptrend. As a result, the market is showing signs of changing again. However, what I said before has not changed. What I said before - The section most likely to be the high point of this uptrend is the 24K section. - If it rises above 24K, it is expected to touch the M-Signal on the 1M chart and start to decline. We need to see if we can break the previous statements above and continue the uptrend. Therefore, the altcoin bull market that is about to start (exactly, it is an altcoin pumping, not a bull market) can show a finale at the peak. Therefore, it is necessary to set up and respond to S/L points. Looking at the 'Strength' sub-indicator, - Entering the overbought section: 2 - Near the overbought section: 1 -Near oversold zone: 1 Accordingly, it can be seen that the rising intensity is strong. It will be important if BTC can keep the price above the HA-High i.e. above 22.9K. ------------------------------------------ (BTCKRW 1D chart) It is necessary to check whether there is movement out of the 27317000-29639000 section. ------------------------------ - big picture A full-fledged uptrend is expected to start when it rises above 29K. This is the 81K-95K range that we expect to touch in the next bull market. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** If 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 (). (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.) ---------------------------------
by readCrypto
Bitcoin Dominance Explained. When to buy Alts? BTC domination: how to use it? And when to buy Altcoins? Today we will talk about Bitcoin Dominance. What is bitcoin dominance? Why is needed? And why exactly Bitcoin? Bitcoin is the first and the largest cryptocurrency by market capitalization. Altcoin is any cryptocurrency other than Bitcoin. Dominance (BTC.D) displays the relationship between the direction of movement of different cryptocurrencies. To find this index you just need open TradingView and type BTC.D There are quite a lot of indexes known to you in the world, the most famous of them are: Dow Jones Industrial Average S&P 500 RTS Bitcoin dominance is the ratio of its market capitalization to all other cryptocurrencies. However, we cannot trade this index. Pure math: if the capital invested in bitcoin decreases, then part of the funds goes into altcoins. BTC.D gives an understanding of the general direction of the market at the moment and helps to determine when alt pairs are correlated with the first cryptocurrency. However, the dominance of Bitcoin is declining as new cryptocurrencies emerge. Why? Because the capitalization of the alts is increasing much faster than the capitalization of bitcoin. Bitcoin dominance often depends on the altcoin season Altseason is a period during which altcoins gain a significant market share relative to Bitcoin, thus reducing the dominance of Bitcoin. Note, however, that Bitcoin dominance does not always depend on the phase of the market. What does it mean? This means that if bitcoin falls in price, and with it the alts, then the dominance of bitcoin will remain approximately at the same level. I prepared this cheat list by which you can determine the further movement of alts, depending on the Dominance of Bitcoin You can always use it! Bitcoin dominance also can be used even on lower timeframes but it’s not a magic pill and you should understand some alts follow more btc some less. Thats why you can see situations when bitcoin going down and some alts with low cap can pump 100% in a few days. Bitcoin dominance is just a tool that can give us more information about the state of the current market, and its possible future. On the Bitcoin Dominance chart, technical analysis works well, its help you to try predict the movement of the Bitcoin price relative to other alts. Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. --- • Look at my ideas about interesting altcoins in the related section down below ↓ • For more ideas please hit "Like" and "Follow"!
BITSTAMP:BTCUSDEducation
by Crypto4light
3
Need to see if it can get out of 22.4K-24.2KHello? 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) It will be a question of whether the gap can continue to rise above 68.468B. (USDC 1D chart) If it falls below 39.675B-42.563B, the coin market is likely to enter a recession. (BTC.D 1D chart) The key is whether it can decline after receiving resistance in the 43.75-45.68 section. Otherwise, if it rises above 45.68, there is a possibility that a strange market will be formed where only BTC rises, or the coin market will show a large decline. If BTC dominance starts to decline near 39.56-40.44, I expect this uptrend to be extended. (USDT.D 1D chart) A rise above 6.90-7.27 is expected to cause the coin market to plummet. As USDT and USDC move, there is a possibility that the area around 5.89-6.21 will be the peak of this uptrend. Therefore, it is necessary to ensure that funds are continuously flowing in USDT and USDC. --------------------------------------- ---------------------------- (BTCUSDTPERP 1D Chart) when it rises, 1st: 23937.1-24294.1 2nd : M-Signal of 1M Chart You need to check if resistance is received near the 1st and 2nd order above. when it goes down, 1st: 20984.7-21826.1 2nd : 19411.7-20122.5 You need to make sure that it is supported in the vicinity of the 1st and 2nd above. If funds continue to flow in through USDT and USDC, I think there is a possibility that it will rise above 26K. However, since funds are showing an outflow through USDC, I think it is highly likely to limit the current uptrend. In addition, since USDC is located in the risk zone of 39.675B-42.563B, if it does not break out by rapidly rising in the gap, I think it will eventually lead to a decline. Since the HA-Low indicator on the 1M chart was formed at the 20984.7 point, from a long-term perspective, the area around 20984.7 is a buying point. However, since it is not yet ready to continue its mid- to long-term upward trend, I think it is highly likely to shake up and down around 20984.7. When the shaking comes out like this, I think the important section is 16.4K-17.9K. If it falls below this range, it will end up giving up all this uptrend. There is a possibility that it will touch around 15K after March as time passes, but then it is time to buy aggressively. The market always moves beyond our expectations. Therefore, I think it is more important to see whether it is supported or resisted at an important point or area in the current price position, rather than predicting the highest point and the lowest point. Therefore, the important points in the current price position are 22.4K and 24.2K. (1h chart) Full-fledged position entry is possible when you touch the M-Signal indicator on the 1D chart. Therefore, entering the position below always requires quick judgment. It is expected to rise and touch the 5EMA on the 1D chart. Therefore, volatility is likely to occur. The information on entering previous positions below remains unchanged. When ascending after being supported in the 'L2', 22777.2-23060.6 section, it is possible to enter the 'LONG' position. However, it is expected that the rise will start when it rises above 5EMA on the 1D chart, so this should be taken into account. 1st: 23592.1-23937.1 2nd: 24294.1-24463.0 Trade close: around 25500.0 1st S/L : Around 22471.5 When resistance is confirmed at 'S2', 22471.5, it is possible to enter the 'SHORT' position. 1st: Around 21826.1 2nd: Around 20984.7 End of transaction: around 20122.5 1st S/L : around 22975.1 ------------------------------------------- (BTCKRW 1D chart) You should see support around 29639000. ------------------------------ - big picture A full-fledged uptrend is expected to start when it rises above 29K. This is the 81K-95K range that we expect to touch in the next bull market. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** If 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 (). (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.) ---------------------------------
by readCrypto
BTC.DDominance of Bitcoin, which shows the dominance of Bitcoin on the market, according to the previous analysis, according to the positive economic data, it has reached the desired resistance without any weakness, and as shown in the graph, it has grown as much as the previous log and beyond, according to the log A significant rise that has a scenario of falling in place in these areas and continuing the upward movement is more valid, but in case of correction, it can have a weak correction up to the 42% range and the continuation of the upward movement, which indicates the re-dynamism of the market and a signal. To begin with, it can be considered the main bolran.
CRYPTOCAP:BTC.D
by MrHunterTradeInsight
Pre-drawn lines: Gives you the power to win in psychological warHello? 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 chart) If it rises above 68.468B, there is a possibility that the coin market will start a bull market. (USDC 1D chart) If it rises above 47.374B, there is a possibility that the coin market will start a bull market. If it falls below 39.675B-42.563B, there is a possibility that the coin market will enter a recession. (BTC.D 1W chart) The key is whether it can decline after receiving resistance in the 43.75-45.68 section. If so, I expect the uptrend to be extended until a decline near the 39.56-40.44 area. Otherwise, if it rises above 45.68, there is a possibility that a strange market will be formed where only BTC rises, or the coin market will show a large decline. The next volatility period is around February 13th. (USDT.D 1D chart) I need to make sure it stays below 6.90. A rise in USDT dominance means a fall in the coin market. --------------------------------------- ---------------------------------------- (BTCUSDT 1W chart) As this week's candlestick closes with a lower candlestick, the question is whether the HA-High indicator can decline. It has risen above 20862.47, that is, above HA-Low and above MS-Signal, and is in a state of transition to a mid- to long-term uptrend. However, in order to continue the mid- to long-term upward trend, it must rise above HA-High, so HA-High must fall. In that sense, we need a falling candlestick where the RSI breaks out of the overbought zone. If it fails to create a bearish candlestick and rises, you need to check if it drops near the M-Signal on the 1M chart. (1D chart) I think the reason why it did not fall below 22487.41 was shown by this rise. Now, the question is whether the price can hold up above 23949.03 and enter 24K. The A section the finger is pointing at is the first peak formed after the decline. Therefore, whether or not it can rise above this high is a psychological factor. Therefore, the closer you get to the high point, the stronger the resistance, and the closer you get to the bottom, the stronger the support. However, when trading in the investment market, that is, the stock market or coin market, the closer you get to the high point, the more good news comes out, and the closer you get to the low point, the more bad news comes out. Because of these news, individual investors are more likely to be psychologically affected and trade the opposite. Therefore, as we get closer to the high point, we gradually change from thinking that it will lead to a sharp rise from falling. In order to escape from these psychological elements, we draw support and resistance points and judge the situation by seeing whether we are supported or resisted at that point. These support and resistance points must be pre-drawn before the price rises to them. Otherwise, it may become a meaningless point because there is a possibility that it will be constructed by the operation of one's own psychological factors. The psychological effects of conducting a transaction cannot be completely disabled. However, we are only making preparations to escape from such psychological influences even a little. The reason I said that the area around 23949.03 would be the high point of this rise is also because it is a support and resistance point formed near the high point where these psychological factors work. A break below the 22487.41-22984.64 (HA-High) or a break below the MS-Signal is expected to initiate a new move. A new move is expected to continue the mid- to long-term uptrend or serve as an opportunity to reverse the trend in the long term. In a move like this, we expect to suffer once again. Therefore, it is necessary to adjust the investment proportion of the altcoins you hold. The uptrend could continue and rise above 29K. However, when that happens, I wonder if the price of altcoins can rise together. The reason is that more funds are not seen coming into the coin market. Therefore, a rise in the price of BTC is likely to result in a trade conversion of selling altcoins and buying BTC as a lot of funds are consumed. Since this is currently being captured, be careful when trading. ------------------------------------------ - big picture A full-fledged uptrend is expected to start when it rises above 29K. This is the 81K-95K range that we expect to touch in the next bull market. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** If this chart is shared, you can use the indicators normally. ** The MRHAB-T indicator includes indicators that indicate points of support and resistance. ** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at (). (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.) ---------------------------------
by readCrypto
4
Weekly Double-Top Target not yet ReachedThis is an alternative idea to heading up from here, based on a long-term target from April 2021. Around early to mid-April of 2021, Bitcoin Dominance confirmed a double top. Following that we hit and surpassed the measured 1x target (TP 1 on the chart above), and have since consolidated around it. However, we have yet to hit TP 2, or the measured 1.5x target - and... in crypto, we often see 2x measured targets reached when dealing with strong patterns like these. Now, while we very well could see a 3rd swing high, or it could even just turn up from here and go back towards where it broke down in April, as many are indicating: - I think it is still possible we see it turn down from right around here at TP 1 (or even from a 3rd swing high around 48-52%) and head down to TP 2 @ 38% or even down to 32%.
CRYPTOCAP:BTC.DShort
by dudebruhwhoa
Restriction on rise??? So how far???Hello? 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) It will be a question of whether the gap can continue to rise above 68.468B. (USDC 1D chart) We need to follow the gap rise in USDT to see if it can turn into a gap rise in USDC. If not, and continue to gap down, you should be careful as it will likely limit the uptrend of the coin market. (BTC.D 1D chart) The key is whether it can decline after receiving resistance in the 43.75-45.68 section. Otherwise, if it rises above 45.68, there is a possibility that a strange market will be formed where only BTC rises, or the coin market will show a large decline. If BTC dominance starts to decline around 39.56-40.44, I expect this uptrend to be extended. (USDT.D 1D chart) A rise above 6.90-7.27 is expected to cause the coin market to plummet. So, it will be a question of whether it can get resistance and break down at 6.90. --------------------------------------- ---------------------------- (BTCUSDTPERP 1D Chart) It is necessary to check whether the price can be maintained outside the area indicated by the yellow line. when it rises, 1st: 23937.1-24294.1 2nd : M-Signal of 1M Chart You need to make sure that it is supported in the vicinity of the 1st and 2nd above. when it goes down, 1st: 20984.7-21826.1 2nd : 19411.7-20122.5 You need to make sure that it is supported in the vicinity of the 1st and 2nd above. Looking at the secondary indicator of Strength, - Overbought section: 2 - Fall in the overbought section: 1 - Rising in the oversold section: 1 Therefore, it is showing an upward trend. Even if it shows an upward trend, it is expected that the trend will be determined by whether it is supported or resisted at important support and resistance points or sections. Therefore, the most important thing at the moment is which of the 23937.1-24294.1 and 20984.7-21826.1 ranges mentioned above. The HA-High indicator is forming as it rises to the 22980.0 point. Therefore, volatility is expected to occur based on this point. Fund inflow through USDT and outflow through USDC are in progress. The influx of funds through USDT seems to have many people around the world who want the coin market to rise. Money outflow through USDC does not seem to be thought of by those who operate large capital such as institutional investors. Therefore, the current rise of the coin market is expected to be subject to many restrictions on the upward trend. For an altcoin bull market to start, BTC dominance needs to turn to a downtrend. If not, it will cause the altcoin's price to drop a lot. (1h chart) Full-fledged position entry is possible when you touch the M-Signal indicator on the 1D chart. Therefore, entering the position below always requires quick judgment. When ascending after being supported in the 'L2', 22777.2-23060.6 section, it is possible to enter the 'LONG' position. However, it is expected that the rise will start when it rises above 5EMA on the 1D chart, so this should be taken into account. 1st: 23592.1-23937.1 2nd: 24294.1-24463.0 Trade close: around 25500.0 1st S/L : Around 22471.5 When resistance is confirmed at 'S2', 22471.5, it is possible to enter the 'SHORT' position. 1st: Around 21826.1 2nd: Around 20984.7 End of transaction: around 20122.5 1st S/L : Around 22975.1 ------------------------------------------- (BTCKRW 1D chart) I need to see if there is movement out of the 27317000-29639000 range. ------------------------------ - big picture A full-fledged uptrend is expected to start when it rises above 29K. This is the 81K-95K range that we expect to touch in the next bull market. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** If this chart is shared, you can use the indicators normally. ** The MRHAB-T indicator includes indicators that indicate points of support and resistance. ** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at (). (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.) ---------------------------------
by readCrypto
Bitcoin's market cap is increasingThe Bitcoin's Dominance Index, which shows the dominance of this cryptocurrency over the entire market, has recorded significant movements since August 2022 compared to the price movements of Bitcoin. By comparing the ceilings created in the range of October 2021 and February 2022, at this time, with the price increase, the dominance index has been decreasing, and it has shown that the market is emptying these ceilings. Since August 2022, although Bitcoin is still trading at lower prices, its dominance in the market has been increasing at times and unchanged at worst. After making the recent floor in November 2022, Dominance is also in full convergence of this growth, which shows that with the price increase, buyers have shown more willingness to buy. The increase of the convergence dominance index with the growth of the price during the decline is one of the important events to detect a strong movement in this market.
by MonoCoinSignal
20
Not breaking 22487.41 means...Hello? 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 chart) If it rises above 68.468B, there is a possibility that the coin market will start a bull market. You are making unusual movements. (USDC 1D chart) If it rises above 47.374B, there is a possibility that the coin market will start a bull market. (BTC.D 1W chart) The key is whether it can decline after receiving resistance in the 43.75-45.68 section. If so, I expect the uptrend to be extended until a decline near 39.56-40.44. Otherwise, if it rises above 45.68, there is a possibility that a strange market will be formed where only BTC rises, or the coin market will show a large decline. The next volatility period is around February 13th. (USDT.D 1D chart) It needs a fine to keep it below 6.90. A rise in USDT dominance means a fall in the coin market. --------------------------------------- ---------------------------------------- (BTCUSDT 1W chart) As this week's candlestick closes with a lower candlestick, the question is whether the HA-High indicator can decline. It has risen above 20862.47, that is, above HA-Low and above MS-Signal, and is in a state of transition to a mid- to long-term uptrend. However, in order to continue the mid- to long-term upward trend, it must rise above HA-High, so HA-High must fall. This pattern is a pull back pattern. At this time, the important thing is that you should see support around 20862.47. Funds enter the coin market through USDT, and as BTC declines, the price of all altcoins drops sharply. This phenomenon may be natural. This is because BTC exerts a great influence on the coin market enough to be called the key currency of the coin market. Therefore, now is the time to boost the BTC price and revitalize the coin market. For that to happen, a rise in BTC price is desperately needed. It takes a lot of money for BTC price to rise. The drop in the price of the altcoin will be seen even more because the funds will eventually lead to a sell-off of the altcoin. (1D chart) If it does not fall below 22487.41, nothing happens. Even if it falls below 22487.41, if there is support around 21023.14-21853.06, this again, nothing happens. There is only forced liquidation of high-sequence futures trading. This is not surprising as the move was somewhat predictable for the price decline of altcoins. The current movement is only sideways because we believe that the BTC price will start to shake only when it closes with a drop of -10% or more. In this sidewalk, "Oh! It's dangerous!" When you start to think that, when you show support, then it will be the low point of the pull back. As long as it does not fall below the downtrend line (1), I think it is a move to turn the mid- to long-term trend into an uptrend. Therefore, from a mid-term and long-term investment perspective, the shake-up starts quickly and you start to get the opportunity to buy. Buying at this time must be held until next year, so it is absolutely necessary to adjust the investment proportion. ------------------------------------------ - big picture A full-fledged uptrend is expected to start when it rises above 29K. This is the 81K-95K range that we expect to touch in the next bull market. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** If 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 (). (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.) ---------------------------------
by readCrypto
2
This period of volatility is coming to an endHello? 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) It will be a question of whether the gap can continue to rise above 68.468B. (USDC 1D chart) We need to follow the gap rise in USDT to see if it can turn into a gap rise in USDC. If this is not the case, and continues to gap down, you should be careful as it has the potential to limit the uptrend of the coin market. (BTC.D 1D chart) The key is whether it can decline after receiving resistance in the 43.75-45.68 section. Otherwise, if it rises above 45.68, there is a possibility that a strange market will be formed where only BTC rises, or the coin market will show a large decline. If BTC dominance starts to decline around 39.56-40.44, I expect to extend this uptrend. 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. --------------------------------------- ---------------------------- (BTCUSDTPERP 1D Chart) I touched the section 23937.1-24294.1, which is highly likely to be the peak of this uptrend and is the section I mentioned. If it rises to the 23937.1-24294.1 section and is supported or breaks upward with a surge, it is expected to touch the M-Signal on the 1M chart. With this rise, HA-Low on the 1M chart is rising and is about to form at 20984.7. I think this is to disprove that this rise was a meaningful rise. So, if it makes a wobbly movement up and down relative to the 20984.7-21826.1 zone, I would expect it to start buying for the next bull run. The important thing here is not to fall below the downtrend line (1). As I said in the previous big trend, it was said that in order for the full-fledged uptrend to begin, it must rise above 29K. Therefore, I think the current movement has not yet entered a full-fledged uptrend. Also, since it lies below the M-Signal on the 1M chart, which will serve as strong resistance, the key is whether the price can sustain the price by breaking above this indicator. This volatility period is around January 21-28 (full-scale volatility period, up to January 31). (1h chart) I said that this uptrend is likely to be a one-month uptrend, and that the 23937.1-24294.1 section is likely to be the peak. The basis for this thought was the movement of the USDT, USDC, and BTC.D charts. As we enter this period of volatility, USDT's gap continues to rise, and it seems unwilling to break the uptrend. Since you touched the 23937.1-24463.0 section, it can be said that you have moved out of the 22471.5-22975.1 section, which was the box and sidewalk section this time. Therefore, I think it's good to watch the situation until it forms a box or sideways section again. Full-fledged position entry is expected to be possible only after touching the M-Signal on the 1D chart. Before that, I think only entry that requires quick response is possible. It shows support near 'L2', 24294.1-24463.0, and it is possible to enter the 'LONG' position when ascending. Trade Closed: 25500.0-25882.9 'S2', when it falls in the 23937.1-24294.1 section and shows resistance at 23937.1, it is possible to enter the 'SHORT' position. However, since the price is located above the M-Signal on the 1D chart, quicker response is required when entering a 'SHORT' position. 1st: 22471.5-22975.1 2nd: Around 21826.1 End of trading: around 20984.7 First S/L: 24294.1-24463.0 ------------------------------------------- - big picture A full-fledged uptrend is expected to start when it rises above 29K. This is the 81K-95K range that we expect to touch in the next bull market. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** If 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 (). (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.) ---------------------------------
by readCrypto
StochRSI reflects the flow well. So what is the current flow???Hello? 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 chart) If it rises above 68.468B, there is a possibility that the coin market will start a bull market. (USDC 1D chart) If it rises above 47.374B, there is a possibility that the coin market will start a bull market. (BTC.D 1W chart) The key is whether it can decline after receiving resistance in the 43.75-45.68 section. Otherwise, if it rises above 45.68, there is a possibility that a strange market will be formed where only BTC rises, or the coin market will show a major decline. The next volatility period is around March 30th. (USDT.D 1D chart) It needs a fine to keep it below 6.90. A rise in USDT dominance means a fall in the coin market. --------------------------------------- ---------------------------------------- (BTCUSDT 1W chart) I think the movement of the StochRSI indicator reflects the movement of the price unexpectedly well. When the price starts to show an upward trend, you can see that the StochRSI indicator remains at the +100 point, just like section A. After the pull back pattern, such as the B section, StochRSI shows a downward trend, indicating that the decline has become stronger. If you look at these movements, you can see that they reflect the price movements rather quickly. Indicators are lagging anyway. (I am not denying this.) It is an indicator that can play a sufficient role as a tool to verify one's thoughts in the volatility of prices. Currently, the StochRSI indicator is located around the 98 point. Therefore, in order to continue the same flow as section A, we need to make sure that the previous high is still renewed. If it fails to make a new high, the StochRSI indicator will turn to a bearish trend. This week it broke the previous high. So, we need to see next week if it breaks this week's high. (1D chart) As explained on the 1W chart, it made a new high this week. So, all that remains is to see where this week's deadline is. The most important section from the current price position is the 21023.14-21853.06 section. If this week's candle closes near this zone, it's because the HA-Low indicator on the 1M chart is created at 21023.14. The next important thing is whether the HA-High indicator on the 1D chart is created at the current price position. When the price fell around 22487.41, the HA-High indicator on the 1D chart showed an upward move. Then the price rises and disappears when it rises above 23K. As much as that, I think it helps us to know that the current price position is an important section that can lead to volatility. Therefore, when the HA-High indicator on the 1D chart rises and is created, if it is confirmed that it is supported above that point, I think it is highly likely to renew the previous high. If not, there is a possibility of a sharp decline, so a countermeasure is needed. Currently, the StochRSI indicator is in a strong downtrend. If the price stays above 22487.41 while the strength of the downside is strong, StochRSI will turn to the upside. In this case, BTC will also rise. If not, it will fall below 22487.41. ------------------------------------------ - big picture A full-fledged uptrend is expected to start when it rises above 29K. This is the 81K-95K range that we expect to touch in the next bull market. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** If 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 (). ** 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.) ---------------------------------
by readCrypto
3
BTC/USDT 1HOUR UPDATE !!Hello 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 is moving bullish in a rectangular channel. It attempted to breakout but could not close the candle above it. It now maintains itself above its horizontal support. Further consolidation can be expected inside the rectangular channel. A successful breakout of the rectangular channel will confirm a bullish move in the market, while a solid breakdown will confirm a descending push toward the horizontal support at $21,350 from where we can expect the market to bounce higher. 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
Long
by CryptoSanders9563
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS. CHART ANALYSIS:-Bitcoin ( BTC ) fell back below $23,000 on Friday, as markets consolidated ahead of U.S. consumer sentiment data. BTC/USD slipped to a bottom of $22,654.59 earlier in today’s session, less than 24 hours after hitting a high of $23,215.00. The drop came ahead of this afternoon’s U.S. consumer sentiment report, which is expected to come in at a reading of 64.6. As can be seen from the chart, the relative strength index (RSI) also edged closer to a floor of 78.00, leading to a slight shift in momentum. The 10-day (red) moving average continues to move in an upward direction, however should the index move below 78.00, this trend will likely reverse. Currently, the index is tracking at 79.64, with BTC/USD trading at $22,965.60. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:BTCUSD
by CryptoSanders9563
Breaking out of the uptrend channel in a period of volatility...Hello? 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) 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. --------------------------------------- ---------------------------- (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 ------------------------------------------- - big picture A full-fledged uptrend is expected to start when it rises above 29K. This is the 81K-95K range that we expect to touch in the next bull market. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** If 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 (). ** 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.) ---------------------------------
by readCrypto
USDT.DOMINANCE 4HOUR UPDATE BY CRYPTO SANDERS!!Hello, welcome to this USDT. dominance update by CRYPTO SANDERS. CHART ANALYSIS:-Hello my friends in the USDT Dominance charts, when USDT Dominance was trading inside a parallel channel from Jan 13, 2023, 7:00 UTC, I see something like this pattern, when the breakdown Jan 25, 2023, 23:00 UTC Thus we are seeing that whenever USDT dominance falls below the top level of its parallel channel, about 9% of the USDT dominance bomb explodes and this results in a massive parallel channel. turns. Hits the trade line and is back 8% to 9% looks the same today and I expect USDT dominance to be around 9% today stay tuned for more such updates thanks I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
CRYPTOCAP:USDT.D
by CryptoSanders9563
The peak is when everyone says it's a bull marketHello? 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 chart) If it rises above 68.468B, there is a possibility that the coin market will start a bull market. (USDC 1D chart) If it rises above 47.374B, there is a possibility that the coin market will start a bull market. Funds coming in through USDT and USDC are insufficient. As a result, the flow of funds does not appear to be very smooth. (BTC.D 1W 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 rise in BTC dominance means that money is concentrating towards BTC. Therefore, it is likely that BTC will dominate the coin market. With BTC dominance, you can only tell whether funds are concentrated towards BTC or altcoins, but cannot predict the movement of BTC price. The next volatility period is around March 30th. (USDT.D 1D chart) During the volatility period of January 23rd-25th, we need to make sure it stays below 6.90. --------------------------------------- ---------------------------------------- (BTCUSDT 1W chart) Volatility is likely around the week that includes January 30th. Therefore, it is necessary to keep a close eye on movements during this period of volatility. In order to maintain the mid- to long-term uptrend, the price must be maintained above 20050.02. However, in order to continue the mid- to long-term upward trend, the price must rise above the HA-High indicator to maintain the price. Therefore, you need to shake it up and down to create an HA-High indicator. This kind of movement will definitely come out, so you have to think about how to respond to it. If it rises higher, it is expected that the wiggle mentioned above will start by touching the M-Signal on the 1M chart. From a mid- to long-term perspective, we have yet to create a proper uptrend. (1D chart) It is rising, breaking the previous high. The key is whether it can rise above 23949.03 and get support. If it rises above 24K, the section expected to create a high, it is expected to end this uptrend by touching the M-Signal on the 1M chart and falling. I can say this because of the flow of funds I mentioned at the beginning. Since it is judged that funds are not smooth, an excessive rise in BTC will lead to a decrease in the price of the entire coin market, that is, altcoins. This is because it will form an ambiguous market in which BTC alone rises, which is ambiguous to say it is an upward trend. From a short-term investment perspective, I think you need a strategy to cut short and get profits when it soars. Profiting by cutting short does not mean profiting by selling 100% when it rises. From a mid- to long-term investment perspective, I think it's time to prepare for the next bull market. Therefore, it is necessary to reduce the proportion of coins (tokens) that are in the process of short-term investment and to secure cash. Otherwise, if the coin (token) that you are making a short-term investment suddenly plummets and you cannot recover your funds, you will lose a good opportunity to profit from the big bull market in the future. It doesn't matter what kind of trading you do, as long as you can respond quickly in short-term trading by planning it according to your investment style and trading strategy. However, if you feel that trading hours are vague due to your livelihood, or if you are still inexperienced in short-term trading, you should build up the funds to buy in the upcoming downturn. The most basic trading strategy for trading is to buy when falling and sell when rising. It is important to keep this in mind and trade according to your own trading strategy. In the trading strategy mentioned above, split selling and stop loss have different meanings and the trading method itself is different. It will be a transaction that you will regret even if you make a profit when trading with the stop-loss method in which you set the investment portion in the way of split selling and sell it all at once. I think the meaning of shaking it will start after at least -10% decline. If not, it's just walking sideways. So, nothing has started shaking itself yet. It seems that there are some people who do not understand this well and think that shaking in a short section is a sideways movement. The market always tends to deviate from our predictions and prevent us from responding. Therefore, remember that the current uptrend is the time to sell, not the time to buy more. ------------------------------------------ - big picture A full-fledged uptrend is expected to start when it rises above 29K. This is the 81K-95K range that we expect to touch in the next bull market. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** If 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 (). ** 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.) ---------------------------------
by readCrypto
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