Next volatility period: around March 1st
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(BTCUSDT 1M chart)
BTC is located near the Fibonacci ratio point of 0.786 (51743.19).
Accordingly, the key is whether it can receive support and rise around 0.786 (51743.19).
If not,
1st: 0.707 (48200.83)
2nd: 0.618 (44210.08)
It is expected to fall to around the 1st and 2nd levels above.
Since the StochRSI indicator is located at the highest point of the overbought range, support around 0.786 (51743.19) is expected to be an important issue.
(1W chart)
Since it is above the rising channel, it falls into a period of volatility around the week of February 26th.
Accordingly, the key is whether it can rise and receive support around 0.786 (51743.19) ~ 53256.64.
Otherwise, if it enters the rising channel, there is a possibility of touching the bottom line of the rising channel, so a countermeasure is needed.
Therefore, we need to check whether this week's candlestick maintains the price in the 0.786 (51743.19) ~ 53256.64 range or higher.
(1D chart)
If the closing price falls below HA 5EMA, caution is needed as it may lead to a further decline.
The HA-High indicator is expected to be created at the 51686.94 point.
Accordingly, the key is whether it can receive support and rise around 51686.94.
If it receives support this time and rises, it is important whether it can be supported around 53256.64.
If not, there is a possibility that it will lead to a further decline and fall to around 49676.20.
The MS-Signal indicator is passing around 49676.20, so if support is confirmed around 49676.20, it is time to purchase additional.
Since the StochRSI indicator has entered the oversold zone, it is necessary to check whether it is showing signs of turning upward.
The next period of volatility is expected to be around March 1st.
Have a good time.
thank you
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are points that are likely to encounter resistance in the future.
We need to see if we can break through these points upward.
Since it is thought that a new trend can be created in the overshooting area, you should check the movement when this area is touched.
If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern.
1st: 43833.05
2nd: 32992.55
-----------------
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Please also click “Boost”.
Have a good day.
-------------------------------------
(BTCUSDT 1M chart)
Accordingly, the key is whether it can receive support and rise around 0.786 (51743.19).
If not,
1st: 0.707 (48200.83)
2nd: 0.618 (44210.08)
It is expected to fall to around the 1st and 2nd levels above.
Since the StochRSI indicator is located at the highest point of the overbought range, support around 0.786 (51743.19) is expected to be an important issue.
(1W chart)
Accordingly, the key is whether it can rise and receive support around 0.786 (51743.19) ~ 53256.64.
Otherwise, if it enters the rising channel, there is a possibility of touching the bottom line of the rising channel, so a countermeasure is needed.
Therefore, we need to check whether this week's candlestick maintains the price in the 0.786 (51743.19) ~ 53256.64 range or higher.
(1D chart)
The HA-High indicator is expected to be created at the 51686.94 point.
Accordingly, the key is whether it can receive support and rise around 51686.94.
If it receives support this time and rises, it is important whether it can be supported around 53256.64.
If not, there is a possibility that it will lead to a further decline and fall to around 49676.20.
The MS-Signal indicator is passing around 49676.20, so if support is confirmed around 49676.20, it is time to purchase additional.
Since the StochRSI indicator has entered the oversold zone, it is necessary to check whether it is showing signs of turning upward.
The next period of volatility is expected to be around March 1st.
Have a good time.
thank you
--------------------------------------------------
- The big picture
This is the section expected to be touched in the next bull market, 81K-95K.
#BTCUSD 12M
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are points that are likely to encounter resistance in the future.
We need to see if we can break through these points upward.
Since it is thought that a new trend can be created in the overshooting area, you should check the movement when this area is touched.
If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern.
1st: 43833.05
2nd: 32992.55
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Comment:
(ETHUSDT chart)
As you all know, BTC and ETH are currently taking turns maintaining the upward trend of the coin market.
Accordingly, if BTC moves sideways after rising, it is highly likely that the price of ETH will continue to rise.
Then again, BTC rises, leading the coin market to maintain its uptrend.
(BTCUSDT chart)
If the price is maintained above the HA-High indicator on BTC's 1M and 1W charts, it is predicted that a major upward trend will begin.
Accordingly, it is expected that the coin market has entered a major upward trend.
However, since the upward trend is not extending to all coins (tokens), it appears to be forming an ambiguous market.
Accordingly, if BTC moves sideways after rising, it is highly likely that the price of ETH will continue to rise.
Then again, BTC rises, leading the coin market to maintain its uptrend.
(BTCUSDT chart)
Accordingly, it is expected that the coin market has entered a major upward trend.
However, since the upward trend is not extending to all coins (tokens), it appears to be forming an ambiguous market.
[Example of exchange chart setup]
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
(1M charts)
The upper line of the Price Channel indicator has not been drawn since February 11th.
Accordingly, we can see that the high point has not yet been confirmed.
Since the gap is still rising, you can see that funds are continuously flowing in.
(USDC 1D chart)
(1M charts)
Since USDC is showing an upward trend in the gap above 26.525B, it appears that a bottom has been formed in USDC.
Accordingly, if USDC continues to maintain its gap upward trend, the coin market is expected to show a major upward trend.
(USDT.D 1M chart)
If USDT dominance falls below 4.97, the coin market is expected to begin a bull market.
(BTC.D 1M chart)
1. When BTC dominance falls below 50, an altcoin bull market is expected to begin.
2. If BTC dominance begins to decline after rising to around 56.78-62.47, a major bull market is expected to begin.
If points 1 and 2 above do not apply, the upward trend of BTC or ETH is expected to be maintained, but an ambiguous market is expected to be formed.