The next period of volatility is around February 22
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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 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.
Since USDT and USDC are moving in opposite directions, it can be interpreted that the market is showing a mixed trend.
(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 21st.
(USDT.D 1D chart)
The HA-Low indicator on the 1W chart is about to form at the 7.11 point.
So, if it finds support around 7/11, it is expected to lead to further upside.
If resistance comes from the HA-Low indicator, I would expect a decline around 6.21 as there is a possibility of renewing lows.
Seeing whether you are getting support or resistance is tedious and unpredictable.
However, it is recommended to check the movement for at least 1-3 days.
A rise in USDT dominance means a fall in the coin market.
The next period of volatility is around March 3rd.
No matter what the movements of the USDT, USDC, BTC.D charts are, you should pay the most attention to the movement of USDT dominance in the short term.
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(BTCUSDT 1W chart)
19900.52-20862.47 The key is whether or not it can be supported.
(1D chart)
Despite the rise of the stock market, the coin market shows little change in movement.
Issues with BUSD may have caused a large gap decline in USDC, but since it has been in a downward trend from the beginning, it is difficult to see it as a decline due to issues.
In any case, institutional investors are seen as recovering their funds from the coin market, so be careful in trading.
Currently, the key is whether it can be supported and ascended in the 21023.14-21853.06 section.
If not, a decline near 19176.93-20050.02 is likely.
If it rises above 21853.06, we need to see if we can rally around 22487.41.
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(BTCKRW 1D chart)
It is necessary to check whether there is movement out of the 27317000-29639000 section.
In particular, since the HA-High indicator on the 1W chart is trying to be created at the 2698100 point, the key is whether the price can be maintained above this point.
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- 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.
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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/).
(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 good day.
Thanks for your feedback on the dark mode, I made the chart in black as much as possible to match the colors used in the chart.
Please leave your thoughts on this in the comments.
-------------------------------------
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)
However, it is necessary to continue the upward trend with a gap.
(USDC 1D chart)
If it falls below 39.675B-42.563B, there is a possibility that the coin market will enter a recession.
Since USDT and USDC are moving in opposite directions, it can be interpreted that the market is showing a mixed trend.
(BTC.D 1W chart)
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 21st.
(USDT.D 1D chart)
So, if it finds support around 7/11, it is expected to lead to further upside.
If resistance comes from the HA-Low indicator, I would expect a decline around 6.21 as there is a possibility of renewing lows.
Seeing whether you are getting support or resistance is tedious and unpredictable.
However, it is recommended to check the movement for at least 1-3 days.
A rise in USDT dominance means a fall in the coin market.
The next period of volatility is around March 3rd.
No matter what the movements of the USDT, USDC, BTC.D charts are, you should pay the most attention to the movement of USDT dominance in the short term.
---------------------------------------
----------------------------------------
(BTCUSDT 1W chart)
(1D chart)
Despite the rise of the stock market, the coin market shows little change in movement.
Issues with BUSD may have caused a large gap decline in USDC, but since it has been in a downward trend from the beginning, it is difficult to see it as a decline due to issues.
In any case, institutional investors are seen as recovering their funds from the coin market, so be careful in trading.
Currently, the key is whether it can be supported and ascended in the 21023.14-21853.06 section.
If not, a decline near 19176.93-20050.02 is likely.
If it rises above 21853.06, we need to see if we can rally around 22487.41.
------------------------------------------
(BTCKRW 1D chart)
In particular, since the HA-High indicator on the 1W chart is trying to be created at the 2698100 point, the key is whether the price can be maintained above this point.
------------------------------
- big picture
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 (www.tradingview.com/...shi-MS-Signal-HA-MS/).
(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:
USDT rose above 68.468B due to the gap increase.
Therefore, if the price is maintained above 68.468B, the coin market is more likely to show an uptrend.
However, since USDC has yet to break out of the downtrend, it is expected that there will be limits to the extent of its rise.
If USDC gaps below 39.675B, the coin market is likely to fall into a recession.
USDT rose above 68.468B due to the gap increase.
Therefore, if the price is maintained above 68.468B, the coin market is more likely to show an uptrend.
However, since USDC has yet to break out of the downtrend, it is expected that there will be limits to the extent of its rise.
If USDC gaps below 39.675B, the coin market is likely to fall into a recession.
[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/
The trade close point is around 21890.4-22027.3.
However, since the 21726.6-21826.1 section is near the middle of the 21505.6-22027.3 section, you should also think about countermeasures against this.
For those who entered the 'SHORT' position near 'S1', 22471.5, if the M-Signal on the 1D chart breaks through upward, it is recommended to partially sell or close the trade.