Time to check if there is support from the long-term trough
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The reason why I explain the USDT, USDC, BTC.D, USDT.D chart first is that it is judged that the price change of coins (tokens) can be predicted to some extent if the overall money flow of the coin market is known.
(USDT 1D chart)
It rose above 66.442B due to the gap increase, so we need to make sure it stays above 66.442B.
In order for the coin market to show a full-fledged upward trend, it is believed that it is possible to rise above 68.468B.
(USDC 1D chart)
I need to see if I can come up with a gap rise in the 44.07B-44.807B range or more.
The rise in the gap between USDT and USDC is considered to be a sign of new funds entering the coin market.
(BTC.D 1W chart)
An increase in BTC dominance means that funds will be concentrated towards BTC.
It is necessary to check whether the solid (liquidity) uptrend can be continued by falling after receiving resistance in the 43.75-45.68 section.
If it rises above 45.68, there is a possibility of a strange market trend in which BTC alone rises.
Accordingly, there is a possibility that altcoins may move sideways or decline, so you need to think about countermeasures.
The 39.56-40.44 interval is a high probability of rapid volatility.
The next volatility period is around January 23rd.
(USDT.D 1D chart)
An increase in USDT dominance means that the coin market is likely to decline.
Depending on which direction it deviates from the 6.90-7.27 range, it is expected that the trend of the coin market will be indicated.
So, if it drops to around 6.21, it is likely that the coin market is showing a bigger uptrend.
However, if you do not see new funds coming in from the coin market, you need to be careful as only BTC may rise.
What this means is that most altcoins pretend to go up and then go back to their pre-up price level.
Therefore, it is necessary to have a perspective on whether the gap between USDT and USDC continues to rise.
If it starts to fall around 6.21, it is expected that a market will be formed where you will buy without thinking about a trading strategy, thinking that you can't wait any longer even if the price is soaring.
Therefore, the possibility of the formation of a peak in the coin market will increase.
The next volatility period is around January 24th.
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(BTCUSDT 1W chart)
Volatility is likely around the week that includes January 30th.
So, during this period of volatility, you should check for a move out of the 21023.14-21853.06 area.
If BTC surges, it is likely to touch the M-Signal on the 1M chart.
However, more important than the rise is whether it can be supported in the 21023.14-21853.06 section.
Currently, we see a mid- to long-term uptrend, but we need to hold the price above 20050.02 to stay there.
If that happens, MS-Signal is likely to turn bullish as it turns into a bullish sign.
(1D chart)
Full-blown volatility is expected to begin around January 21st.
However, it is necessary to check whether it is out of the 21023.14-21853.06 section around January 19th.
A new volume profile point is forming around 20954.92.
Therefore, it can be seen that the vicinity of 20954.92-21023.14 forms an important support and resistance zone.
The CCI, RSI and StochRSI indicators have all been in the overbought zone for 9 days, but now the CCI appears to have exited the overbought zone.
Even when the candle closes, you should check if the CCI shows as breaking out of the overbought zone.
I think the move to show volatility to calm the overheated indicator depends on which way it breaks out of the 21023.14-21853.06 zone.
when it goes down,
1st : around 20050.02
2nd: Around 19176.93
It is necessary to check whether it is supported in the 1st and 2nd sections.
If it rises above 21023.14 and holds the price,
1st: Around 21853.06
2nd: Around 22487.41
It is necessary to check whether resistance is received in the 1st and 2nd sections.
It looks like the HA-Signal indicator on the 1M chart is falling around 26K.
Therefore, if it surges, be careful as there is a possibility of a sharp decline while touching the HA-Signal indicator on this 1M chart.
This movement is the basis for the possibility of consolidation in the maximum range of 17.8K-26K mentioned in the 1W chart description.
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- big picture
I think you need to be supported in the 13K-15K section to get the power to rise.
Therefore, whether it is rising or falling from its current position, a short-term response is required.
A full-fledged uptrend is expected to start when it rises above 29K.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at (www.tradingview.com/...shi-MS-Signal-HA-MS/).
** 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.)
---------------------------------
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)
In order for the coin market to show a full-fledged upward trend, it is believed that it is possible to rise above 68.468B.
(USDC 1D chart)
The rise in the gap between USDT and USDC is considered to be a sign of new funds entering the coin market.
(BTC.D 1W chart)
It is necessary to check whether the solid (liquidity) uptrend can be continued by falling after receiving resistance in the 43.75-45.68 section.
If it rises above 45.68, there is a possibility of a strange market trend in which BTC alone rises.
Accordingly, there is a possibility that altcoins may move sideways or decline, so you need to think about countermeasures.
The 39.56-40.44 interval is a high probability of rapid volatility.
The next volatility period is around January 23rd.
(USDT.D 1D chart)
Depending on which direction it deviates from the 6.90-7.27 range, it is expected that the trend of the coin market will be indicated.
So, if it drops to around 6.21, it is likely that the coin market is showing a bigger uptrend.
However, if you do not see new funds coming in from the coin market, you need to be careful as only BTC may rise.
What this means is that most altcoins pretend to go up and then go back to their pre-up price level.
Therefore, it is necessary to have a perspective on whether the gap between USDT and USDC continues to rise.
If it starts to fall around 6.21, it is expected that a market will be formed where you will buy without thinking about a trading strategy, thinking that you can't wait any longer even if the price is soaring.
Therefore, the possibility of the formation of a peak in the coin market will increase.
The next volatility period is around January 24th.
---------------------------------------
(BTCUSDT 1W chart)
So, during this period of volatility, you should check for a move out of the 21023.14-21853.06 area.
If BTC surges, it is likely to touch the M-Signal on the 1M chart.
However, more important than the rise is whether it can be supported in the 21023.14-21853.06 section.
Currently, we see a mid- to long-term uptrend, but we need to hold the price above 20050.02 to stay there.
If that happens, MS-Signal is likely to turn bullish as it turns into a bullish sign.
(1D chart)
Full-blown volatility is expected to begin around January 21st.
However, it is necessary to check whether it is out of the 21023.14-21853.06 section around January 19th.
A new volume profile point is forming around 20954.92.
Therefore, it can be seen that the vicinity of 20954.92-21023.14 forms an important support and resistance zone.
The CCI, RSI and StochRSI indicators have all been in the overbought zone for 9 days, but now the CCI appears to have exited the overbought zone.
Even when the candle closes, you should check if the CCI shows as breaking out of the overbought zone.
I think the move to show volatility to calm the overheated indicator depends on which way it breaks out of the 21023.14-21853.06 zone.
when it goes down,
1st : around 20050.02
2nd: Around 19176.93
It is necessary to check whether it is supported in the 1st and 2nd sections.
If it rises above 21023.14 and holds the price,
1st: Around 21853.06
2nd: Around 22487.41
It is necessary to check whether resistance is received in the 1st and 2nd sections.
It looks like the HA-Signal indicator on the 1M chart is falling around 26K.
Therefore, if it surges, be careful as there is a possibility of a sharp decline while touching the HA-Signal indicator on this 1M chart.
This movement is the basis for the possibility of consolidation in the maximum range of 17.8K-26K mentioned in the 1W chart description.
------------------------------------------
- big picture
I think you need to be supported in the 13K-15K section to get the power to rise.
Therefore, whether it is rising or falling from its current position, a short-term response is required.
A full-fledged uptrend is expected to start when it rises above 29K.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at (www.tradingview.com/...shi-MS-Signal-HA-MS/).
** 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.)
---------------------------------
Comment:
Indicators with oversold or overbought zones are more likely to reverse their trend if they fail to make new highs or lows.
So, StochRSI is entering the overbought zone, but since the price failed to make a new high, StochRSI started to decline.
However, the important issue is at what point you receive support or resistance when you get out of the oversold or overbought area.
For this reason, it is considered that whether it is supported or resisted around 20984.7 is becoming more important.
So, StochRSI is entering the overbought zone, but since the price failed to make a new high, StochRSI started to decline.
However, the important issue is at what point you receive support or resistance when you get out of the oversold or overbought area.
For this reason, it is considered that whether it is supported or resisted around 20984.7 is becoming more important.
Comment:
Reasons to Start Buying Long-Term Investment Coins If It Drops This Time
The target range for long-term investment coins is around 81K.
[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/
Volatility is likely soon as the 5EMA on the 1D chart rises above 20570.1.
20794.4-20984.7 Support: Enter 'LONG'
20570.1-20794.4 Resistance: Enter 'SHORT'
When above the M-Signal on the 1D chart, the main position is 'LONG'.
Therefore, a quick response is required when entering the 'SHORT' position.