The volatility period is around February 20-22
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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)
A move to renew the high of November 9, 2022 has been made.
After the next volatility period, around February 22, it is necessary to check whether it is maintained above 70.07B.
(USDC 1D chart)
It will be a question of whether we can open the gap above 42.563B to turn it into an uptrend.
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.
(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)
A rise above 6.90-7.27 is expected to cause the coin market to plummet.
A rise in USDT dominance means a fall in the coin market.
The next period of volatility is around March 3rd.
Starting around February 20th, the stock and coin markets will enter a period of volatility.
This period of volatility is expected to continue until around February 22nd.
So, you should keep a close eye on the movement from February 19-23.
We need to see if the money flowing in through USDT can continue to hold or continue the gap up, or if it starts to go down in the gap.
In particular, it is necessary to check if the BTC dominance rises above 45.68.
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(BTCUSDT 1W chart)
Funds continue to flow through USDT.
If this money flow continues, there is a possibility of a rise above the M-Signal on the 1M chart to around 32259.90.
Therefore, I think the movement between the 20th and 22nd of February, which is the period of volatility mentioned above, is important.
Currently, the RSI indicator (Closing price of Heikin Ashi) has entered the overbought zone again.
If this week's candle closes in the overbought zone, there is a possibility that the HA-High indicator will move according to next week's movement.
When the HA-High indicator is moved and leveled, it is in a state of complete movement, so you need to see the movement for at least two weeks.
Therefore, at this week's close, the key question is whether the RSI indicator (Heikin Ashi's close) closes in the overbought zone or not.
(1D chart)
An attempt to rise above the high of segment A of 25211.32 resulted in a new high.
During the volatility period around February 22nd, it is necessary to check whether there will be an attempt to rise above the M-Signal on the 1M chart and above 26013.28.
The section where the coin market is expected to show a full-fledged upward trend is when it rises above 29K.
Therefore, if the funds flowing into USDT this time are maintained or continue to flow, the possibility of rising above 29K cannot be ruled out.
However, if that happens, it is highly likely that BTC dominance will rise and rise above 45.68.
Therefore, a strange market may be formed where only BTC rises.
Rather, it means that altcoins are more likely to start showing signs of falling or moving sideways.
The key question is how they will behave during the coming period of volatility.
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(BTCKRW 1D chart)
The key is whether the price can maintain the price by rising above the M-Signal on the 1M chart.
If not, you should check for support around 29639000.
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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.
-------------------------------------
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)
After the next volatility period, around February 22, it is necessary to check whether it is maintained above 70.07B.
(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.
(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)
A rise in USDT dominance means a fall in the coin market.
The next period of volatility is around March 3rd.
Starting around February 20th, the stock and coin markets will enter a period of volatility.
This period of volatility is expected to continue until around February 22nd.
So, you should keep a close eye on the movement from February 19-23.
We need to see if the money flowing in through USDT can continue to hold or continue the gap up, or if it starts to go down in the gap.
In particular, it is necessary to check if the BTC dominance rises above 45.68.
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----------------------------------------
(BTCUSDT 1W chart)
If this money flow continues, there is a possibility of a rise above the M-Signal on the 1M chart to around 32259.90.
Therefore, I think the movement between the 20th and 22nd of February, which is the period of volatility mentioned above, is important.
Currently, the RSI indicator (Closing price of Heikin Ashi) has entered the overbought zone again.
If this week's candle closes in the overbought zone, there is a possibility that the HA-High indicator will move according to next week's movement.
When the HA-High indicator is moved and leveled, it is in a state of complete movement, so you need to see the movement for at least two weeks.
Therefore, at this week's close, the key question is whether the RSI indicator (Heikin Ashi's close) closes in the overbought zone or not.
(1D chart)
An attempt to rise above the high of segment A of 25211.32 resulted in a new high.
During the volatility period around February 22nd, it is necessary to check whether there will be an attempt to rise above the M-Signal on the 1M chart and above 26013.28.
The section where the coin market is expected to show a full-fledged upward trend is when it rises above 29K.
Therefore, if the funds flowing into USDT this time are maintained or continue to flow, the possibility of rising above 29K cannot be ruled out.
However, if that happens, it is highly likely that BTC dominance will rise and rise above 45.68.
Therefore, a strange market may be formed where only BTC rises.
Rather, it means that altcoins are more likely to start showing signs of falling or moving sideways.
The key question is how they will behave during the coming period of volatility.
------------------------------------------
(BTCKRW 1D chart)
If not, you should check for support around 29639000.
------------------------------
- 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.)
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Comment:
USDT and USDC are expected to gap up.
Therefore, it is important whether this flow continues after around February 22nd.
Therefore, it is important whether this flow continues after around February 22nd.
Comment:
Volatility Period: Around February 22nd
Volatility Period: Around February 21st
Volatility Period: Around February 25th
The coming week is seen as going through a period of volatility on many charts.
Full-fledged position entry is possible after touching the M-Signal on the 1D chart.
The current main position is the 'LONG' position.
The section that requires quick response is the 23592.1-24463.0 section, but since it is currently located near the middle of the Bollinger Bands, I think it is showing a sideways movement close to 'LONG'.
Therefore, the trend is expected to emerge depending on whether it can break above the M-Signal on the 1M chart in case of an uptrend and fall below 23592.1 in case of a decline.
The coming week is seen as going through a period of volatility on many charts.
The current main position is the 'LONG' position.
The section that requires quick response is the 23592.1-24463.0 section, but since it is currently located near the middle of the Bollinger Bands, I think it is showing a sideways movement close to 'LONG'.
Therefore, the trend is expected to emerge depending on whether it can break above the M-Signal on the 1M chart in case of an uptrend and fall below 23592.1 in case of a decline.
Comment:
The news that it will be re-listed on the Korean exchange has been conveyed.
That doesn't change the way I think about WEMIX.
WEMIX must be traded in a trading method that increases the number of coins (tokens) while recovering the purchase principal as much as possible.
In the future, we need to check the point of support after the rising wave.
Among the coins (tokens) that are expanding the coin ecosystem, the coins (tokens) that need to be traded by increasing the number of coins (tokens) while recovering the purchase principal as much as possible are as follows.
XRP
SOL
ADA
TRX
KLAY
OP
That doesn't change the way I think about WEMIX.
WEMIX must be traded in a trading method that increases the number of coins (tokens) while recovering the purchase principal as much as possible.
In the future, we need to check the point of support after the rising wave.
Among the coins (tokens) that are expanding the coin ecosystem, the coins (tokens) that need to be traded by increasing the number of coins (tokens) while recovering the purchase principal as much as possible are as follows.
XRP
SOL
ADA
TRX
KLAY
OP
[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 section that requires quick response is the section 23592.1-24463.0.
Therefore, it falls between the downtrend line (1) and the uptrend line (2).
Since the 5EMA of the 1D chart rose in the section requiring quick response, the section requiring quick response may change due to the volatility caused by touching the 5EMA of the 1D chart.
If you show support around 'L2', 24294.1-24463.0, you can enter the 'LONG' position.
1st: Around 25500.0
End of transaction: Around 27102.7
However, if it fails to rise above the M-Signal of the 1M chart, it is recommended to close the trade and check the future movement.
When it declines after being resisted at 'S2', 23592.1, it is possible to enter the 'SHORT' position.
1st: Around 22975.1
2nd: Around 22471.5
End of transaction: around 21826.1
However, if it does not fall below the M-Signal of the 1D chart, a countermeasure is required.