🔻BTC.D DOWN,🔻USDT.D DOWN & 💹OTHERS.D UP ,What will happen❓❕HEY traders, what's going on today ❓❕‼️😉
since previous analysis that I posted for OTHERS dominance ,some interesting events have happened in the crypto market .
🔻📉BTC.D has declined ~ -10% ( from 49%-43%)
🔻📉USDT.D has declined ~ -30% ( from 9.5%-6.5%)
💹📈OTHERS.D has raised ~ +20% ( from 11%-13.5% )
while the dominance of both BTC and tether decreased But others.d increased and at same time we saw that bitcoin and altcoins prices has raised recently , so What it means ?!
in my opinion it means that in the recent weeks while majority of trader expected a green market and increase for bitcoin and altcoins but they mostly put their liquidity to the altcoins market because might expected more growth for altcoins rather than btc when btc.d is down .
If you don't know what's OTHERS.D , Before going any further more you should know the OTHERS.D represent the percentage of total market capitalization of the top-125 cryptocurrencies, excluding BTC and some other top cryptocurrencies. You can see the list of excluded coins on the Total Market Capitalization Dominance chart on the cryptocurrency market page . The excluded coins are displayed along with the OTHERS market chart.
Although the relation between the BTC.D , bitcoin price , altcoin dominace and their prices is a little bit confusing for most of us , but these key point can help us to predict the market !
EXPs :
if BTC price increase and BTC .D increase too ====> Altcoins price decreases.
if BTC price decrease and BTC .D increase ====> Altcoins price Dump and decrease heavy. This is dump phase.
if BTC price go sideway(without up or down) and BTC .D increase ====>Altcoins price don't change and this is accumulation phase.
if BTC price increase and BTC .D decreases (or sideway ) ====> Altcoins price jump or may have a altseason.
if BTC price decrease and BTC .D decreases too ====> Altcoins prices go sideways.
if BTC price go sideway and BTC .D decreases ====> Altcoins prices increase
so now what I expect for crypto market and altcoins?!
As always because of more dominance of Bitcoin ,we start with btc and btc.d ( I also assume that USD.T continues its down trend ),
📈_ thus if btc.d maintains the current support zone and be able to increase by breaking of the descending trendline and then can reach the higher VG zone :
if at same time bitcoin price rises >> so in this case others.d loses the current pivot zone and altcoins price will decrease
if at same time bitcoin price decreases >> so in this case others.d loses the current pivot zone fall to lower support zone and altcoins price will dump
if at same time bitcoin price goes in a sideways >> so in this case others.d maintain the current level and altcoins price will continue an accumulation phase
📉_ But if BTC.D the loses current support and goes down to lower support or may ( continues sideway) :
if at the same time bitcoin price goes more up >> so in this case altcoin dominance can reach the higher resistance zone an forms a H&D pattern and altcoins price will jump
if at the same time bitcoin price goes down >> so in this case others.d then altcoins price will go in a sideway
if at the same time bitcoin price goes sideways >> so in this case then altcoins price will go up
but anyway take it mind according to the USDT.D chart and previous analysis for , the tether dominance may increases in the short-term and the the same time btc.d and others' lose more their current dominances again , so in this case we may have a temporary down before any rising (in the mid-term )!
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💚if you're fan of my analyses please follow me , give a big thumbs 👍 OR drop a comment 🗯
Btcdominance
#BTC/USDT 4HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BTC /USDT UPDATE !
Bitcoin broke the major resistance of $22.600 and held above it. We will see a move towards $27,500 To $28.000if BTC is able to hold above the $22.600 level. Global markets also showing some positive moves and we expected the same in the crypto market.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
#BTC RETESTING UPPER TREND LINE!!Hello everyone welcome you all to this exclusive BTC 4hr chart update.
If you find my updates helpful and productive, hit the like button follow and comment your view in the comment section, this motivates me to bring this kind of update regularly.
Let’s look into the chart,
As BTC performed well and was able to break 4 weeks of resistance, currently resting after a rally of 28%.
In the scenario, BTC is likely to retest the upper resistance level of $22700 and bounce towards the upper resistance level of $28k in the upcoming days.
BTC needs to hold this level otherwise breaking below will lead BTC again towards its lower price level of $20k.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
Bitcoin (BTC) - July 21Hello?
Welcome, traders.
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-------------------------------------
(BTCUSDT 1W Chart)
Resistance: 27033.35-29812.52
1st support: 21475.02
Second support: 13137.51-15916.68
In order to turn into an uptrend and continue a full-fledged uptrend, it needs to rise above the ellipse shown on the chart to be supported.
Therefore, it is highly likely that an uptrend will begin when it rises above 29812.52.
- As the RSI indicator is located in the oversold zone, you can see that it is located in the low low zone.
- The Stoch RSI indicator is rising and is expected to enter the overbought zone soon.
When the Stoch RSI enters the overbought zone, it is expected that the RSI will break out of the oversold zone.
It will also form a short-term high, so it is likely to create the first pull back pattern.
With this first pull back pattern, there is a possibility that it will move back towards the 21475.02 area, but the key is whether it can break out of the downtrend line.
We need to see if we can break through the intersection of horizontal and diagonal Fibonacci upwards.
- On the CCI-C indicator, the CCI line is located in the range of -100 to +100, so it can be considered as a sideways section.
So, we need to see if we can continue the uptrend by moving above the 0 point and see if we can see a full-fledged uptrend by moving above the +100 point.
(1D chart)
The key is to maintain the price above the 21475.02-22487.41 zone and move towards the resistance zone.
The maximum possible climb is expected to be 27033.35-29812.52.
If it falls below 21475.02 and finds resistance, there is a possibility of a sharp drop, so trade cautiously.
At this time, the key is whether it is supported in the vicinity of 18719.11.
------------------------------------------------------------ -----------
- The US 100 CFD (Nasdaq) chart moved higher to the 12212.6-12932.3 section, an important support and resistance section.
The key is to find support and move higher on the 1W chart at 12374.1, which is likely to move higher.
- If BTC dominance rises when BTC price rises, altcoins are likely to go sideways or fall.
This is because the funds are concentrated towards BTC.
- At this time, the important thing is that the USDT dominance should decrease.
This is because when the USDT dominance rises, it means that the sell-off is dominant in the coin market.
------------------------------------------------------------ -------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
Bitcoin (BTC) - July 20Hello?
Welcome, traders.
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(BTCUSDTPERP 1D Chart)
The key is whether you can break through the bullish channel of the two uptrend lines upwards.
If the upward break fails, you should check to see if support is found in the 21481.1-22471.5 section.
The 27054.1-29840.6 interval is the interval that determines the trend.
Therefore, if you touch this section and fall, you need Stop Loss to preserve profit and loss.
As mentioned before, the coin market is experiencing liquidity problems.
Therefore, in order to solve these problems, funds must flow into the coin market.
Whether the money in the coin market is flowing in or out can be easily seen with the USDT and USDC charts.
Although a lot of money has flowed into the coin market, funds have started to flow out of the coin market due to recent global issues.
In addition, when services such as deposit services (Earn, Staking, Farm, Landing) are activated in the coin market, funds are stagnant.
The liquidity problem that has arisen from this is a problem that the coin market has to face in order to expand into a larger market.
Due to this, I think that the structural problems of the coin market and various problems of coins and tokens will be supplemented.
For the coin market to lead to a full-fledged uptrend, it must rise above 29K.
To do this, I think that funds must first flow into the coin market.
Otherwise, we don't expect the bullish to continue even if it rises above 29K.
(US 100 CFD (Nasdaq) 1W Futures Chart)
The 12212.6-12932.3 zone is an important support and resistance zone.
Therefore, it is important to be supported and continue the uptrend within this section.
(1h chart)
** On the 1h chart, a sharp move is likely to occur, so a short-term response is recommended.
The key is whether it can be supported by rising to the 23K-25K section.
If it is not supported, you should check to see if it is supported at 21481.1 or higher.
------------------------------------------------------------ -------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
Bitcoin (BTC) - July 19hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(BTCUSDT 1W Chart)
Resistance: 27033.35-29812.52
1st support: around 21475.02
Second support: 13137.51-15916.68
You need to check if it can be supported at 21475.62 or higher.
Since the RSI indicator has not yet moved out of the oversold zone, careful trading is required.
(1D chart)
It is necessary to check whether there is any movement out of the section 18719.11-22487.41.
The next volatility period will be around July 25th, but it will be important to be able to touch the resistance zone of the two bands shown on the chart by around August 10th.
To do that, you need to keep the price above 21475.02.
For the coin market to show an overall upward trend, it must rise above 29812.52.
So, the current movement is likely a rebound from a downtrend.
Therefore, it is necessary to increase the holding quantity while responding to short-term trading.
------------------------------------------------------------ -------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
---------------------------------
Do you think willHello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BTC /USDT UPDATE !
What will happen to BTC from here What do you guys think Comment
????????
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
Bitcoin (BTC) - July 18Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(BTCUSDTPERP 1D Chart)
The key is whether you can move above 21481.1 and break out of the downtrend line.
A break from the downtrend line is expected to lead to further upside.
At this time, the key is whether it can rise above 22471.5.
If it falls below 18741.7, it may move towards the 15908.2 area, so trade cautiously.
If support is found in the 13121.7-15908.2 section and rises, it is possible that an uptrend for a reversal of the trend may begin.
(US 100 CFD (Nasdaq) 1D Futures Chart)
()
For a trend reversal, it needs to move higher than 12212.6.
However, you need to be careful as there may be wiggles to reverse the trend.
The 11728.0 point is the demarcation point between an uptrend and a downtrend in the long term.
Therefore, the key is whether it is supported above 11728.0.
(USDT.D 1W chart)
()
A decline in USDT dominance is likely to lead to a rise in the coin market as a whole.
However, stable coins such as USDT and USDC are highly likely to show an upward trend in the coin market only when they show an upward trend because funds move through them.
Therefore, it is only natural that USDT dominance is showing an overall upward trend.
When funds flowed through stablecoins such as USDT and USDC start buying, the dominance begins to decline.
(A gap occurs when new funds flow into or out of the coin market.)
The key is whether it can break below the uptrend line and move below 5.92.
You should also check to see if it rises to around 13.75, which you previously touched with a strange sign.
We just hope that an ascent near 13.75 doesn't happen.
This is because a rise in USDT dominance is likely to lead to a downtrend in the coin market as a whole.
(BTC.D 1W Chart)
()
A decline in BTC dominance is likely to lead to a rise in altcoins.
This makes the asking price of BTC thinner, making it more likely to be volatile.
Therefore, as the BTC price leads the rise, the coin market as a whole will show an uptrend only when the BTC dominance rises and then falls.
A rise in BTC dominance is likely to lead to a decline in altcoins.
Summarizing this,
- When BTC dominance is on a downward trend, trade mainly with altcoins,
- When BTC dominance is on an upward trend, it is recommended to trade mainly with BTC.
As the coin market as a whole is in a downtrend, it's a good idea to watch and not trade.
However, starting trading with some funds in the section considered to be the bottom section is likely to seize an opportunity, so I think it is worth a try.
As mentioned above, you need to shake up and down to reverse a trend.
Then, volatility will occur frequently.
You need to think about whether you want to take advantage of this volatility for short-term trading to generate cash returns or increase your holdings.
(BTCUSDTPERP 1h chart)
** On the 1h chart, a sharp move is likely to occur, so a short-term response is recommended.
The key is whether you can break out of the downtrend line.
To do that, we also need to see if we can move above 21481.1.
In the CCI-C indicator, if the CCI line falls below the EMA line, it may lead to further declines, so you need to be cautious.
At this time, it is important to be supported near 20564.2.
If it gains support above 21481.1, the key is whether it can move above 22471.5.
------------------------------------------------------------ -------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
---------------------------------
Bitcoin (BTC) - July 17Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(BTCUSDT 1W Chart)
Resistance: 27033.35-29812.52
1st support: around 21475.02
Second support: 13137.51-15916.68
The key is to get support above 21475.62 and get inside the lower end of the Bollinger Bands (60).
Since the RSI indicator has not yet moved out of the oversold zone, careful trading is required.
(1D chart)
It is necessary to check whether there is any movement out of the section 18719.11-22487.41.
The next volatility period is around July 18th.
However, if the price is maintained above the uptrend line passing the 19695.87 point around July 18th, there is a possibility that the price will rise from the volatility period around July 24th.
At this time, the rising section is expected to be 23K-25K.
(BTC.D chart explanation)
A decline in BTC dominance is likely to lead to a rise in altcoins.
This will reduce the trading volume of BTC and increase the possibility of large volatility as the asking price becomes thinner.
Since BTC is not currently leading the rise, it is recommended to trade from a short-term perspective.
At this time, I think it is better to proceed with the transaction in the direction of increasing the holding quantity rather than the cash profit.
However, if you feel that your cash holdings are insufficient, it is better to obtain cash income.
Because when it goes down one more wave, you need money to buy.
(USDT.D chart explanation)
Stablecoins such as USDT and USDC act as a channel for funds to flow into the coin market.
Therefore, USDT and USDC should continue to trend upward.
A rise in USDT and USDC causes the USDT dominance and USDC dominance to rise as well.
However, USDT dominance and USDC dominance decrease when the coin market is on an upward trend, and rise when the coin market is in an uptrend.
This is a phenomenon that occurs when the funds flowing into the coin market are used for trading.
It may be a little difficult to understand, but stablecoins such as USDT and USDC are charts that show the inflow and outflow of funds.
USDT Dominance, USDC Dominance is a chart that shows whether or not funds are being used to trade in the coin market.
For the coin market to become a bull market, USDT and USDC charts must rise first.
Currently, the USDT chart is approaching the boundary between an uptrend and a downtrend.
If this flow continues, more funds are likely to flow out of the coin market via USDT.
However, the USDC chart is maintaining an upward trend.
The recent stablecoin issue seems to have accelerated the movement of funds from USDT to USDC.
However, as the amount of money flowing through USDC is small compared to the amount of money flowing out through USDT, it is judged that funds are flowing out of the coin market as a whole.
In summary, the current coin market is only showing a rebound from a downtrend.
For this rebound to lead to a full-fledged uptrend, it needs to move higher than 29K.
------------------------------------------------------------ -------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
Bitcoin (BTC) - July 15Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(BTCUSDTPERP 1D Chart)
The key is whether you can move above 21481.1 and break out of the downtrend line.
(1h chart)
** On the 1h chart, a sharp move is likely to occur, so a short-term response is recommended.
An important key is whether it can be supported by rising above the 20570.1-20643.3 section.
The RSI indicator is in the overbought zone and the Stochastic RSI indicator is in the oversold zone.
Volatility is likely as the CCI line is rising above the EMA line and the CCI line is crossing the zero point.
Therefore, mixed prices are expected.
After breaking above the upper line of the Bollinger Bands (60), it is showing a movement to enter the upper line again, so it is highly likely to rise after making a pull back pattern.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
BTC.D broadening wedge #BTC.D
#Bitcoin #Dominance
Dominance of bitcoin shaped broadening wedge in weekly and daily time frame, and it's near the lower line of wedge.
so if it hold this line that is the same with support zone we can see a huge pump to long term resistance zone. in this scenario bitcoin price will continue to drop.
#BTC AT LOCAL SUPPORT!!Hello, community members welcome to another BTC/USDT chart update.
As we can see in the above-mentioned chart that after a sharp pump of 12% BTC got rejected from the price level of $21700 resistance level.
In the current scenario BTC holding the red MA support well and needs to sustain this level to regain above.
Bounce from the current level will lead towards the upper resistance level at the price level of $21.7k.
Rejection will lead BTC again towards its lower price levels.
Let’s see how it perfumes in the upcoming hours.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
#BTC/USDT 2HR CHART UPDATE !!Hello, community members welcome to another BTC/USDT chart update.
As we can see BTC broke below the lower trend line support and dropped down to the lower support zone.
Currently, BTC bounces and printed consecutive green candles, here bulls need to take charge to gain above to get back inside the channel pattern.
In the current scenario, BTC is trading in the support zone where it also getting a fib level of 0.618 which is the confirmation of strong support also.
Here MACD bands are also on the way for a bullish crossover with a slightly green bar.
Here BTC needs to get back inside the channel and re-gain % towards the price level of $20k.
If BTC is able to do so then it’s highly likely that we can see BTC again to its $22k price level.
Candle close below the lower green support zone will lead BTC towards its lower price levels.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask relating to this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
#BTC/USDT 4HR CHART UPDATE !!Hello, community members welcome to another BTC/USDT chart update.
Till now BTC has performed exceptionally well, bouncing from the green support zone and able to regain 10% till now.
In the current scenario, BTC is facing a local resistance and needs to close above to carry on its further rally towards the price level of $22.8k which is the main resistance level for now which BTC cannot break above in the last 6 weeks.
Here BTC also getting support from RED ma.
The rejection or close below this MA support can again lead BTC towards the lower support levels.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
Currently, the coin market is experiencing liquidity problems.hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(UTC)
When the BTC price is leading the uptrend, the coin market is likely to turn to an uptrend.
I don't think it's taking the lead in the current BTC movement.
for that reason
- BTC Dominance Decline
- Rising USDT Dominance
Because it shows the flow of
The decline in BTC dominance should be seen as expressing the ups and downs of altcoins rather than the ups and downs of BTC prices.
Therefore, it should be seen that the current distribution of funds in the coin market is heading towards altcoins.
A rise in USDT dominance means that you are increasing your cash holdings rather than trading in the coin market.
Therefore, it should be seen that transaction liquidity is decreasing.
However, since USDT and USDC are showing an overall upward trend, USDT Dominance and USDC Dominance have no choice but to show an upward trend.
It is judged that the upward trend is continuing as it is flowing funds into the coin market through USDT and USDC.
The USDT chart has been trending downwards lately.
It fell below 68.468B, further exacerbating the downtrend.
This downtrend means that funds are flowing out of the coin market.
However, it can be seen that some funds are flowing into the coin market due to the slight increase in USDC.
In order for the coin market to turn upside down again, I believe that the funds outflow from the coin market must first flow in.
As such, I believe USDT should rise above 68.468B and continue to see an influx of funds along the uptrend line.
We believe that it is unlikely that the coin market will turn to an uptrend without an inflow of funds first.
The coin market is now associated with other investment markets.
Therefore, they are directly or indirectly affected.
However, it should not be judged that it is entirely influenced by the indices of external investment markets.
Currently, the coin market is experiencing a lack of liquidity.
I think this is a phenomenon that occurs as the coin market is on a downtrend, but I don't think that's all.
The coin market is slowly trying to connect with the real economy.
As such, themes such as DeFi, NFT, and P2E are being formed.
These themes will lead to attribution of funds.
In other words, the number of systems that can receive interest by holding coins (tokens) of these themes is increasing.
More of these themes will be formed in the future.
As with many themes that are taking shape in the current stock market...
We will solve the severe liquidity problem caused by stagnant funds in this down market, and until it is resolved, you must establish your own trading standards to survive in the market.
It is judged that the possibility that the coin market will be attributed to the existing stock market is accelerating.
Many institutional investors are launching new investment products, and these investment products will serve as a bridge between the coin market and the stock market.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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#TETHER/DOMINANCE AT LOCAL RESISTANCE!!Hello, traders welcome you all to another chart update on USDT DOMINANCE.
If you are reading my update for the first time hit the like button follows and comments in the comment section if you find this analysis helpful.
As we can see from the above-mentioned chart USDT DOMINANCE currently facing the resistance of red MA after a short bounce from the green support zone and it needs to reject from this level to meltdown towards the lower levels which will bring consecutive green candles in altcoins.
Break above will again turn altcoins into the red.
MACD also prints slightly light colors bar and about print a bullish crossover.
So, for now, be cautious with your long trades and keep your so tight.
Let’s see how it moves in the upcoming hours.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask relating to this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
Bitcoin (BTC) - July 14Hello?
Traders, welcome.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(BTCUSDT 1W Chart)
Resistance: 27033.35-29812.52
1st support: around 21475.02
Second support: 13137.51-15916.68
The key is to get support above 21475.62 and get inside the lower end of the Bollinger Bands (60).
The Stochastic RSI has been rising over the past two weeks.
As such, the key is whether we can enter the overbought zone in a few weeks.
If it enters the overbought zone, it is highly likely that the RSI indicator will break out of the overbought zone soon.
To support this move, the CCI line should show an uptrend.
(Currently, the CCI-C indicator has its set value changed to observe the mid- to long-term flow.)
(1D chart)
It is necessary to check whether there is a movement out of the section 18719.11-22487.41.
The next volatility period is around July 18th.
However, if the price is maintained above the uptrend line passing the 19695.87 point around July 18th, there is a possibility that the price will rise from the volatility period around July 24th.
At this time, the rising section is expected to be 23K-25K.
To predict the flow of investment markets, we want a lot of information.
You will see all kinds of articles and various broadcasts that satisfy this.
However, these articles or broadcasts cannot provide the necessary information for trading.
This is because prices usually move first.
Therefore, first of all, the ability to interpret the flow of the chart is required.
If you fail to interpret the flow of the chart, there is a possibility that you will trade in the opposite direction of the market flow because of the price moved ahead of time.
In an investment market where there are charts showing the movement of prices, it is important to check the movement of the chart in advance.
When checking the movement of the chart, you should look at the 1M > 1W > 1D chart in the following order.
Otherwise, if you only look at hourly or minute charts and trade, you may miss the big flow.
Depending on your investment style, even traders who mainly trade short-term or same-day trading should check the movement of the 1D chart.
It is not recommended to read the news first before looking at the charts, as various articles or broadcasts that are published in the media are likely to give subjective judgment on the transaction you are going to proceed with.
Economic indicators announced by investment experts, investment companies, fund managers, critics (broadcasters), etc. are published for their own benefit.
The advantage should not be forgotten.
When trading in the coin market or stock market, if one's subjective thoughts begin to intervene, and if the judging criteria continue to change due to price volatility, the trade is likely to fail.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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#BNB/USDT 2HR CHART UPDATE !!Hello, traders welcome you all to another chart update on BNB/USDT.
If you are reading my update for the first time hit the like button follows and comments in the comment section if you find this analysis helpful.
As we can see from the above-mentioned chart that BNB/USDT moved downside by 6% from the $231 price level.
In the current scenario BNB currently trading on a support zone at the price level of $222 and is holding a green support zone well after a sharp wick off of 5%, the longer it holds this level the higher chances to regain above.
MACD also printed a bullish cross-over with slightly light red bars, which is the indication of a trend reversal from bear to bullish mode.
Candle close above the $230 price level will trigger bullish mode towards the price level of $245.
Candle close below the current support zone will lead ETH towards its lower price levels.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask relating to this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
ETH AT ITS CRUCIAL SUPPORT LEVEL!!Hello, traders welcome you all to another chart update on ETH/USDT.
If you are reading my update for the first time hit the like button follows and comments in the comment section if you find this analysis helpful.
As we can see in the above-mentioned chart that ETH broke below earlier and meltdown by 7%.
In the current scenario ETH is currently holding a green support zone well after a sharp wick off of 5%, the longer it holds this level the higher chances to regain above.
MACD also printed a bullish cross-over with slightly light red bars, which is the indication of a trend reversal from bear to bullish mode.
Candle close above the $1100 price level will trigger bullish mode towards the price level of $1260.
Candle close below the current support zone will lead ETH towards its lower price levels.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask relating to this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
Bitcoin (BTC) - July 13hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(BTCUSDTPERP 1D Chart)
The 10-18 July volatility should see if there is movement outside the 18741.7-22471.5 interval.
The intervals 13121.7-15908.2, 27054.1-29840.6, and 46559.4-49345.9 shown in the chart are the intervals that determine the trend.
This means that this is an interval with a high probability of reversing the trend.
The 21481.1 and 38200.0 points are likely points for a rebound or reversal.
Therefore, the movement around 21481.1 and 38200.0 should be observed.
Since the Long/Short-S indicator is pointing to the -50 point, you can see that the downtrend is strong.
(1h chart)
** A short-term response is recommended as sharp movements are likely to occur on the 1h chart.
key point
- 22471.5
- 21481.1
- 20564.2
- 20109.9
- 18741.7
It is expected to show movement depending on whether it is supported or resisted at the key points above.
You need to see where the Stochastic RSI indicator comes out of the oversold zone.
On the CCI-C indicator, you should see if the CCI line can break out of the downtrend line and move higher than -100 points.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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Downward indication in short termWhile DXY & USDT D is in an uptrend, BTC D seems neutral while BTC Perpetual open interest increased slightly. Meanwhile, US DOW is in a downtrend ahead of earning report followed by a further 75 basis point rate hike.
Until DXY drops down from the resistance there is less chance of a mid-term bounce in the market. In the short term, we might see a local bottom visit.
#TETHER/DOMINANCE 4HR CHART UPDATE !!Hello, traders welcome you all to another chart update on USDT DOMINANCE.
If you are reading my update for the first time hit the like button follows and comments in the comment section if you find this analysis helpful.
As we can see from the above-mentioned char that USDT.D broke its local resistance levels and moved upside.
It’s currently trading below the resistance level of 7.74%, as USDT dominance printing a bearish divergence in lower time frame charts which are mentioned in the above chart.
Rejection is likely from the current level and we can see a short-term meltdown at stable dominance in the upcoming hours.
A candle that closes above the resistance level will lead USDT pair altcoins towards a blood bath.
So, keep an eye on it to track in which direction it’s moving.
NOTE: This is not financial advice This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR OWN RESEARCH BEFORE MAKING ANY TRADES.
Thank you.