Next volatility period: around December 9th
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(BTCUSDT 1D chart)
As the period of volatility comes to an end, it is expected to close below the 37253.81 point.
Currently, the HA-High indicator is trending sideways, so the HA-High indicator is not consistently level and is showing volatility.
Accordingly, we believe that the HA-High indicator is not yet suitable for the role of support and resistance.
Therefore, we need to check in which direction it deviates from the 36136.51-37253.81 range and seek a response plan.
In any case, it is sideways in the 34786.17-37779.56 range.
So, if you look at BTC itself, it is just moving sideways.
However, it is felt that the movement of altcoins will cause great volatility in the coin market.
I think that your psychological state becomes unstable in this situation because the average purchase price of the coins (tokens) you own is high or the investment proportion of the altcoins you own is high.
If this state of anxiety continues to occur frequently, there is a high possibility of trading in the wrong direction, so I think it is a good idea to block this psychological state before it occurs.
As this period of volatility passes, it shows a break away from the newly created rising trend line (2) and a break from the rising channel that was formed.
Accordingly, we need to check whether it can rise above the rising trend line (2) again based on around December 1st.
If not, you need to check if there is any movement out of the 34786.17-37779.56 range around December 9th, the next volatility period.
Since the highs of the StochRSI indicator are in a downward trend, we can see that the strength of the uptrend has weakened.
Accordingly, if it does not rise above 37253.81 quickly, it is likely to fall below 36163.51-36568.1, so a countermeasure is needed.
Compared to the volatility of BTC, the volatility of altcoins has increased.
(BTC.D 1D chart)
While BTC dominance is sideways around 52, altcoins have fallen by about -20%.
(USDT.D 1D chart)
USDT dominance is also trending sideways.
It appears that the funds withdrawn from altcoins are being used in the BTC market or ETH market.
Therefore, I think it is being used to buy BTC or ETH.
I believe that this phenomenon is being driven by the futures market, which causes the coin market to fall and causes coins to be purchased in the spot market.
This is likely to continue until you reach your goal of buying BTC or ETH.
Accordingly, the coin market is facing a good opportunity.
(1W chart)
Good opportunities in the coin market are expected to appear on the 1W chart.
In other words, as the HA-High indicator falls, it is expected to increase liquidity by increasing volatility in the coin market.
At this time, we just need to check whether we receive support or resistance near the newly created HA-High indicator and respond accordingly.
If the HA-High indicator receives resistance and falls, it is highly likely that it will eventually touch the HA-Low indicator, so there is a possibility that a new HA-Low indicator will be created.
If the HA-Low indicator shows support around it when it is newly created, it is time to buy.
This buying time is
1st: 32917.17-34110.32
2nd: 29241.72-30767.38
This applies to the 1st and 2nd parts above.
This movement has the potential to be used to create a pull back pattern.
Since you will only find out when the pattern is complete, there is a high possibility that you have already missed a good opportunity when you realize that you have created a pull back pattern.
Therefore, it is likely that the time to buy will be when the coin market is full of fear.
If this is not possible and you encounter resistance from the HA-Low indicator, there is a high possibility of a downward trend, so you can respond accordingly.
The way to respond is to reduce the investment proportion of coins (tokens) you own to prepare for a major decline in the future.
Therefore, when it falls near the first and second sections above, there is a possibility that a new HA-High indicator may be created.
Therefore, the fact that the HA-High indicator on the 1W chart is falling will create an interesting experience in the future.
To fully enjoy this experience, you need a trading strategy.
It is not right to try to trade in the coin market the same way you traded in the stock market.
Therefore, the selling strategy used in the stock market is not suitable for the coin market.
The stock market trading method is to obtain greater profits by using a large amount of investment to secure a large number of stocks.
If this method is applied to the coin market, there is a high possibility that the period of holding the coin while recording a loss will be longer than the period of profit.
Therefore, a trading strategy suited to the coin market, that is, a selling strategy, is needed.
--------------------------------------------------
- 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.
-------------------------------------------------- -------------------------------------------
** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
-------------------------------------
(BTCUSDT 1D chart)
Currently, the HA-High indicator is trending sideways, so the HA-High indicator is not consistently level and is showing volatility.
Accordingly, we believe that the HA-High indicator is not yet suitable for the role of support and resistance.
Therefore, we need to check in which direction it deviates from the 36136.51-37253.81 range and seek a response plan.
In any case, it is sideways in the 34786.17-37779.56 range.
So, if you look at BTC itself, it is just moving sideways.
However, it is felt that the movement of altcoins will cause great volatility in the coin market.
I think that your psychological state becomes unstable in this situation because the average purchase price of the coins (tokens) you own is high or the investment proportion of the altcoins you own is high.
If this state of anxiety continues to occur frequently, there is a high possibility of trading in the wrong direction, so I think it is a good idea to block this psychological state before it occurs.
As this period of volatility passes, it shows a break away from the newly created rising trend line (2) and a break from the rising channel that was formed.
Accordingly, we need to check whether it can rise above the rising trend line (2) again based on around December 1st.
If not, you need to check if there is any movement out of the 34786.17-37779.56 range around December 9th, the next volatility period.
Since the highs of the StochRSI indicator are in a downward trend, we can see that the strength of the uptrend has weakened.
Accordingly, if it does not rise above 37253.81 quickly, it is likely to fall below 36163.51-36568.1, so a countermeasure is needed.
Compared to the volatility of BTC, the volatility of altcoins has increased.
(BTC.D 1D chart)
(USDT.D 1D chart)
It appears that the funds withdrawn from altcoins are being used in the BTC market or ETH market.
Therefore, I think it is being used to buy BTC or ETH.
I believe that this phenomenon is being driven by the futures market, which causes the coin market to fall and causes coins to be purchased in the spot market.
This is likely to continue until you reach your goal of buying BTC or ETH.
Accordingly, the coin market is facing a good opportunity.
(1W chart)
In other words, as the HA-High indicator falls, it is expected to increase liquidity by increasing volatility in the coin market.
At this time, we just need to check whether we receive support or resistance near the newly created HA-High indicator and respond accordingly.
If the HA-High indicator receives resistance and falls, it is highly likely that it will eventually touch the HA-Low indicator, so there is a possibility that a new HA-Low indicator will be created.
If the HA-Low indicator shows support around it when it is newly created, it is time to buy.
This buying time is
1st: 32917.17-34110.32
2nd: 29241.72-30767.38
This applies to the 1st and 2nd parts above.
This movement has the potential to be used to create a pull back pattern.
Since you will only find out when the pattern is complete, there is a high possibility that you have already missed a good opportunity when you realize that you have created a pull back pattern.
Therefore, it is likely that the time to buy will be when the coin market is full of fear.
If this is not possible and you encounter resistance from the HA-Low indicator, there is a high possibility of a downward trend, so you can respond accordingly.
The way to respond is to reduce the investment proportion of coins (tokens) you own to prepare for a major decline in the future.
Therefore, when it falls near the first and second sections above, there is a possibility that a new HA-High indicator may be created.
Therefore, the fact that the HA-High indicator on the 1W chart is falling will create an interesting experience in the future.
To fully enjoy this experience, you need a trading strategy.
It is not right to try to trade in the coin market the same way you traded in the stock market.
Therefore, the selling strategy used in the stock market is not suitable for the coin market.
The stock market trading method is to obtain greater profits by using a large amount of investment to secure a large number of stocks.
If this method is applied to the coin market, there is a high possibility that the period of holding the coin while recording a loss will be longer than the period of profit.
Therefore, a trading strategy suited to the coin market, that is, a selling strategy, is needed.
--------------------------------------------------
- The big picture
This is the section expected to be touched in the next bull market, 81K-95K.
-------------------------------------------------- -------------------------------------------
** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
Comment:
#BTCUSDT 4h
The section we should be interested in is the 37253.81-37347.86 section.
If it does not rise above this range, it is likely to fall below the M-Signal indicator on the 1D chart.
If that happens, there is a possibility that it will fall below 35551.19 and lead to further decline.
If it sideways above or near the 37253.81-37347.86 range, it is likely to sideways until the M-Signal indicator on the 1W chart or 1M chart rises until the next volatility period.
It is expected that reducing the gap between price moving average lines will have the effect of escaping from the overheated zone.
If it does not rise above this range, it is likely to fall below the M-Signal indicator on the 1D chart.
If that happens, there is a possibility that it will fall below 35551.19 and lead to further decline.
If it sideways above or near the 37253.81-37347.86 range, it is likely to sideways until the M-Signal indicator on the 1W chart or 1M chart rises until the next volatility period.
It is expected that reducing the gap between price moving average lines will have the effect of escaping from the overheated zone.
Comment:
#BTCUSDT.P
The section you should pay attention to on the futures chart is the 37027.5-37462.5 section.
If it rises above 37462.5, it is expected to rise to around 38641.1.
If it falls below 37027.5, it is expected to tremble while touching the MS-Signal indicator.
At this time, it is important to be able to maintain the price above 37027.5.
If it rises above 37462.5, it is expected to rise to around 38641.1.
If it falls below 37027.5, it is expected to tremble while touching the MS-Signal indicator.
At this time, it is important to be able to maintain the price above 37027.5.
Comment:
#BTCUSDT
It rose above the 37253.81-37347.86 range, rising above 37779.56.
Accordingly, the key is whether the price can be maintained above 37779.56 even after December 1st.
#BTCUSDT.P
It rose in the 37024.5-37462.5 range.
We need to see if we can find support at 37880.0 and rise to around 38641.1.
If this is not the case and it falls below 37024.5, it will fall below the M-Signal on the 1D chart and is expected to fall to around 35708.4.
Accordingly, the key is whether the price can be maintained above 37779.56 even after December 1st.
#BTCUSDT.P
We need to see if we can find support at 37880.0 and rise to around 38641.1.
If this is not the case and it falls below 37024.5, it will fall below the M-Signal on the 1D chart and is expected to fall to around 35708.4.
Comment:
The volatility I am talking about is a method using indicators that converts the point where a trend can occur into a date.
Therefore, the indicator used is the StochRSI indicator, which captures the trend and refers to the date when the support and resistance points of the OBV, CCI, and RSI indicators intersect.
Therefore, there is a high probability that a trend will occur around the date you are talking about.
Therefore, there is a high probability that a trend will occur around the date you are talking about.
Comment:
#BTCUSDT
What is important is whether it can receive support around 37253.81-37779.56 and rise above 38745.63.
[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/
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#AVAXUSDT
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#ALGOUSDT
#KLAYUSDT
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