readCrypto

Volatility Period : January 15-17

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BINANCE:BTCUSDT   Bitcoin / TetherUS
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(BTCUSDT chart)

(1M charts)
The key is whether the price can be maintained by quickly rising above the HA-High indicator.


(1W chart)
An important volume profile section is forming around 42283.58.

Accordingly, the key is whether it can receive support and rise around 42283.58.

If it falls,
1st: 37753.81-38531.90
2nd: 32917.17-34110.32
You need to check if you receive support near the first and second levels above.


In order for a major bull market to begin, support must be found near the HA-High indicator on each time frame chart (1M, 1W, 1D).

The HA-High indicator on the 1M chart is formed at 43823.59, and the HA-High indicator on the 1W chart is formed at 59370.07.


(1D chart)
Since there was a large decline before the next volatility period around January 16th, it is necessary to check whether it can rise above the psychological resistance range of 43160.0-43823.59 between January 15th and 17th, the volatility period.


I think there is a high possibility of support around the 42283.58 point because an important volume profile section is forming.

This volume profile section was formed from a long-term perspective.

Therefore, if it receives support this time and rises, I think it is likely that it will take a very long time to touch it again.


There is a difference between the support zone mentioned in the 1W chart explanation and the support and resistance zone shown on the 1D chart.

Because the 1D chart analyzes the chart from a short-term perspective, it is only more detailed than the analysis of the 1W or 1M chart.


(4h chart)


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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** 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.

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Comment:
#BTCUSDT 1W
The HA-High indicator is falling and is showing signs of being created.

Accordingly, it is necessary to check whether a new HA-High indicator is formed as this week closes.


Looking at the point where the HA-High indicator on the 1W chart is currently about to be created, it is expected to be below the HA-High indicator on the 1M chart.

Accordingly, if it rises above 43823.59 and maintains the price, it is expected to stand by at the starting line where the major uptrend will begin.


In order for the general upward trend to begin,
1. BTC dominance must rise above 61 and then begin to fall.
2. USDT dominance must remain below 5.89 and then fall below 4.97.

If the above conditions are met, it is expected to commence.

If BTC dominance continues to decline below 50 and USDT dominance remains below 5.89, an altcoin bull market is expected to begin.

An altcoin bull market refers to a bull market in which you can make a profit no matter which altcoin you purchase.

A major bull market refers to a bull market in which most coins (tokens) are expected to hit new highs (ATH).
Comment:
It is difficult to see funds flowing out of the coin market.

This means that funds are continuously flowing into the coin market.

These situations can cause FOMO.

Ignoring these funds and pressing down on them to decrease the coin market will stimulate more purchases and result in loss of the number of coins you own.

When the coin market falls, the fund flow in the coin market must also show a decline before it can be considered that the decline has finally begun.

However, now more funds are flowing into the coin market whenever the price falls.

You should take advantage of these points to create a trading strategy.
Comment:
#BTCUSDT 4h
You need to check whether you can rise to the section indicated by the arrow or higher.

Currently, the 5EMA and M-Signal indicators on the 1D chart are reversed, so if they do not rise quickly, it may lead to a further decline.
Comment:
#BTCUSDT.P 1h
While BTC is sideways, the 5EMA and M-Signal indicators on the 1D chart are reversed and falling.

Accordingly, volatility is expected to occur soon as it touches the 5EMA on the 1D chart.

The key is whether the price can be maintained by rising above the M-Signal indicator on the 1D chart.

If not, we need to see if it falls below 41271.0.

(1D)
In order to reverse the trend, we need to find support around 42527.3 and see if it can rise above the HA-High indicator on the 1D chart.

Accordingly, the key is whether the price can be maintained by rising above 43477.9.

If it falls,
1st: 41271-41968
2nd: 40228.3
You need to check if you receive support near the first and second levels above.
Comment:
#BTCUSDT 4h
We are making an important breakthrough attempt.

It is necessary to check whether the price can be maintained by rising above the Fibonacci ratio of 0.382.


If it rises above 43102.97, it is expected to show an upward trend.

Check the support and resistance zones marked on the chart.
Comment:
The BTC volatility period runs until January 17th.

Here's more on current volatility.

(Please note, this is something I have mentioned before.)


#BTCUSDT 1W
We need to see if we can find support around 42141.24, which is the point where the HA-High indicator on the 1W chart is trying to generate, and hold the price above 42283.58.

If there is resistance at the HA-High indicator and falls, there is a high possibility that it will basically touch the HA-Low indicator.

Therefore, since the HA-Low indicator is currently formed at the 17880.71 point, if the price falls, a new HA-Low indicator is expected to be created.

The location you want to create is
1st: 37253.81-38531.90
2nd: 32917.17-34110.32
You need to check whether it is created near the 1st or 2nd above.

The first and second sections above correspond to support sections that are likely to create a pull back pattern.


(1D)
This period of volatility runs until January 17th.

Accordingly, the key is whether it can rise to or beyond the 43160.0-43823.59 section, which is the section containing the HA-High indicator on the 1D chart.

If there is resistance and decline from the HA-High indicator on the 1D chart, it is highly likely that it will touch the HA-Low indicator on the 1D chart, so you need to check at what point the HA-Low indicator is created.

(4h)
If the price does not rise to the section indicated by the up and down arrows, it is likely to fall below 41350.0 and fall to the 1st and 2nd areas above, so you should think about a response plan.

Therefore, the price should remain above 43823.59 after January 19th.

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I believe that the candles on the USDT and USDC charts above indicate the movement of funds caused by transactions.

When a gap rises, it means that new funds have flowed into the coin market.

Conversely, a falling gap means that funds have flowed out of the coin market.

USDT is a stablecoin that has a major influence on the coin market.

Therefore, unless USDT shows a downward trend due to a falling gap, the coin market is expected to maintain an upward trend.

Therefore, it can be interpreted that the coin market is still maintaining an upward trend.


If BTC dominance and USDT dominance continue to decline, the coin market is likely to begin an altcoin bull market.
Comment:
#BTCUSDT 1W
The key this week is whether the HA-High indicator on the 1W chart can be generated at 42141.24.

And, if the price holds above 43823.59, the HA-High indicator point on the 1M chart, I think we are ready for a major bull market to begin.

(1D)
This period of volatility runs until January 17th.

Accordingly, the key is whether it can receive support and rise around the psychological resistance range of 43160.0-43823.59.

The next period of volatility is around January 30th - February 4th.

However, you need to make sure that the price stays above 43823.59 around January 25th.
Comment:
#BTCUSDT.P 1h
You need to check in which direction it deviates between the 5EMA and M-Signal indicators on the 1D chart.

In other words, you need to check which direction it deviates from the 43102.1-43477.9 section.

Since the HA-High indicator point on the 1M chart is formed at 43993.4, the key is whether the price will eventually rise above 43993.4 and maintain the price.

If the HA-High indicator on the 1W chart is created at the 42164.9 point and support is confirmed in the 42164.9-43993.4 range, it is time to buy.


However, the Fibonacci ratio 0.5 point according to the Gann Box tool, based on the previous sharp drop, is formed around 43993.4.

Therefore, in order for the branch to continue its upward trend, the price must eventually rise above 43993.4 and maintain the price.

If not and it falls, you should check if it is supported around 42164.9.
Comment:
The movement of BTC dominance is strange.

It takes at least 1 to 3 days for these movements to be properly reflected in the market cap chart.

However, when such volatility occurs, it often moves near the point of change.

Therefore, it is expected that an altcoin bull market will begin in the near future as BTC dominance falls below 50.
Comment:
#BTCUSDT 1D
This period of volatility runs until January 17th.

Next week's volatility period is around January 30th.

However, after around January 19th, we need to check whether it can rise to the 43160.0-43823.59 range and receive support.

Then, it will be important to see if the price can rise above 43823.59 around January 25th and maintain it.

The fluctuation range around January 30 is 38531.90-46431.50.

However, if the HA-High indicator on the 1W chart is created at the 42141.24 point, the key is whether it is supported around this point.

If it rises above 46431.50, it is expected to lead to an attempt to break above the secondary resistance area.


Since the fund flow in the coin market is showing rapid changes, I think there is a growing possibility that an altcoin bull market will begin in the near future.
Comment:
USDT is showing sideways movements.

USDC maintains a gap upward trend.

If USDC continues to rise above 26.525B, the fund flow in the coin market is expected to be very positive.

Accordingly, I believe that the coin market is likely to see a large upward trend as the possibility of USDC turning into an upward trend increases.
Comment:
It seems like they are saying that the flow of funds is continuously flowing into the coin market, but you may be asking why coins (tokens) are not rising.

In order for prices to rise, several conditions must be met.

I think the powers that be are currently buying it.

Once this purchase is completed and a force leading the upward trend is created, I believe that more and more forces will join in and lead the upward trend.

Therefore, if the price does not fall below a certain range and continues to sideways, but then breaks out of the sideways range, a trend will be created.

We can see that BTC's movements are currently in sideways movements.
Comment:
#BTCUSDT 4h
The key is whether the price can be maintained by rising within the rising channel and rising to section A.

If not,
1st: Section B
2nd: 41350.0-42141.24
It is important to receive support in the 1st and 2nd areas above.

[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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