A shake start to turn into a mid- and long-term uptrend!!!
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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)
An additional gap uptrend occurred as it moved above 68.468B.
A 1.48% increase from a 1.09% increase, an additional $265,840,496.
(USDC 1D chart)
From a move up 0.55%, it eventually turned down.
Therefore, it decreased by $27,000,000.
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 the movements of 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 major 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.
As a lot of money flowed into the coin market through USDT, it recorded an increase of more than +10%.
We need to see if this uptrend can cause USDT dominance to drop below 6.21.
We believe that USDT represents the flow of money from people all over the world.
We believe that USDC represents the money flow of institutional investors and big capitalists.
In order for this upward trend to continue, I believe that USDC's continuous gap rise must follow.
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(BTCUSDT 1W chart)
I said that there must be up and down swings for medium and long-term trend reversal.
At the same time, I said that a drop of -10% or more was the beginning.
However, on the contrary, it is showing a rise of more than +10% first.
Since the HA-High indicator fell and was created at 19900.52, there is no change in the idea that it will definitely touch the HA-High indicator.
Also, until it touches the first 24K point and falls, I think it is still valid that when it soars once it touches the M-Signal indicator on the 1M chart and the decline begins.
Therefore, rather than trading a new altcoin with a new investment, I think you should trade your altcoins to increase the number of coins (tokens) corresponding to your profit or gradually recover the principal you bought.
The trigger to change this mindset is when USDC gapped and turned into an uptrend.
(1D chart)
As I said in the 1W chart description, it rose more than +10%.
Although the drop of -10% or more does not come first, everything seems to be broken as it rises.
The idea remains that up and down swings are essential for transitions into medium and long-term trends.
It's always a pity that you never know what this rocking show will start to look like.
For now, the important thing to look at is whether it renews the high of segment A.
And, whether you can touch the M-Signal indicator of the 1M chart I mentioned before.
There is no change in the idea that a full-fledged uptrend begins when the price rises above 29K and maintains the price.
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(BTCKRW 1D chart)
Breaking out of the 27317000-29639000 section, it is showing a big rise.
I need to check if I can touch the 32042000 points.
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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)
A 1.48% increase from a 1.09% increase, an additional $265,840,496.
(USDC 1D chart)
Therefore, it decreased by $27,000,000.
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 the movements of 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 major 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.
As a lot of money flowed into the coin market through USDT, it recorded an increase of more than +10%.
We need to see if this uptrend can cause USDT dominance to drop below 6.21.
We believe that USDT represents the flow of money from people all over the world.
We believe that USDC represents the money flow of institutional investors and big capitalists.
In order for this upward trend to continue, I believe that USDC's continuous gap rise must follow.
---------------------------------------
----------------------------------------
(BTCUSDT 1W chart)
At the same time, I said that a drop of -10% or more was the beginning.
However, on the contrary, it is showing a rise of more than +10% first.
Since the HA-High indicator fell and was created at 19900.52, there is no change in the idea that it will definitely touch the HA-High indicator.
Also, until it touches the first 24K point and falls, I think it is still valid that when it soars once it touches the M-Signal indicator on the 1M chart and the decline begins.
Therefore, rather than trading a new altcoin with a new investment, I think you should trade your altcoins to increase the number of coins (tokens) corresponding to your profit or gradually recover the principal you bought.
The trigger to change this mindset is when USDC gapped and turned into an uptrend.
(1D chart)
As I said in the 1W chart description, it rose more than +10%.
Although the drop of -10% or more does not come first, everything seems to be broken as it rises.
The idea remains that up and down swings are essential for transitions into medium and long-term trends.
It's always a pity that you never know what this rocking show will start to look like.
For now, the important thing to look at is whether it renews the high of segment A.
And, whether you can touch the M-Signal indicator of the 1M chart I mentioned before.
There is no change in the idea that a full-fledged uptrend begins when the price rises above 29K and maintains the price.
------------------------------------------
(BTCKRW 1D chart)
I need to check if I can touch the 32042000 points.
------------------------------
- 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:
I don't know if you remember what I said before, but I think the 43.75-45.68 section is the gold lock zone.
Therefore, when BTC leads the coin market's upward trend, it means that altcoins also rise within this range.
However, it means that if BTC dominance starts to rise above 45.68, altcoins are more likely to start to decline.
Therefore, in order to maintain the current upward trend, we believe that altcoins will also rise together if they show a decline in the 43.75-45.68 range or less.
As more funds flow into USDT, you can say that if BTC continues its upward trend in the coin market, altcoins will also rise along with it.
However, my guess is that if BTC continues its uptrend, this will not be the case because more funds will inevitably be concentrated in BTC than investing in altcoins.
In order to rise above 81K in next year's bull market, we must diligently continue our upward trend.
As the 1W chart's M-Signal indicator declines, we are seeing a movement to continue the mid- to long-term upward trend.
If not, the only way is to continue rising and rise above the current HA-High indicator.
No matter what method you take, the key is that you can continue the upward trend when the price is maintained by rising above the HA-High indicator.
Therefore, when BTC leads the coin market's upward trend, it means that altcoins also rise within this range.
However, it means that if BTC dominance starts to rise above 45.68, altcoins are more likely to start to decline.
Therefore, in order to maintain the current upward trend, we believe that altcoins will also rise together if they show a decline in the 43.75-45.68 range or less.
As more funds flow into USDT, you can say that if BTC continues its upward trend in the coin market, altcoins will also rise along with it.
However, my guess is that if BTC continues its uptrend, this will not be the case because more funds will inevitably be concentrated in BTC than investing in altcoins.
As the 1W chart's M-Signal indicator declines, we are seeing a movement to continue the mid- to long-term upward trend.
If not, the only way is to continue rising and rise above the current HA-High indicator.
No matter what method you take, the key is that you can continue the upward trend when the price is maintained by rising above the HA-High indicator.
Comment:
USDC changed to gap up.
Unlike USDT, USDC has a large fluctuation range, so it must rise above 44B to turn into an uptrend.
Also, as I said, the coin market will show an upward trend when USDT rises above 68.468B in the gap, USDC must rise above 47.374B.
If both USDT and USDC rise above the point where they are expected to show an uptrend, the coin market is expected to show a full-fledged uptrend.
Conversely, if USDC falls below 39.675B or below 65.329B, it is expected to limit the rise of the coin market or enter a recession.
I think that the flow of funds through USDT has a great influence on the flow of the coin market.
Therefore, if funds continue to flow into USDT, the coin market is likely to continue its upward trend.
However, it is necessary to look at the trend of the coin market on the premise that BTC dominance should rise.
This is expected to increase BTC dominance even for a bull market in line with BTC's halvening next year.
Therefore, if BTC continues to rise with the current upward trend, it is expected that the rise of altcoins will slow down or begin to decline as BTC dominance rises above 45.68.
This phenomenon is expected to gradually dissipate as BTC price rises above 45K.
When I set the source of the 'Strength' indicator on the 1W chart to the close value of Heikin Ashi, the RSI value again entered the overbought zone with over 70.
Therefore, if this week's candlestick closes as it is, there is a possibility that the HA-High indicator will move according to the movement of next week's candlestick.
Therefore, you should keep an eye on where this week's candle closes.
Unlike USDT, USDC has a large fluctuation range, so it must rise above 44B to turn into an uptrend.
Also, as I said, the coin market will show an upward trend when USDT rises above 68.468B in the gap, USDC must rise above 47.374B.
If both USDT and USDC rise above the point where they are expected to show an uptrend, the coin market is expected to show a full-fledged uptrend.
Conversely, if USDC falls below 39.675B or below 65.329B, it is expected to limit the rise of the coin market or enter a recession.
I think that the flow of funds through USDT has a great influence on the flow of the coin market.
Therefore, if funds continue to flow into USDT, the coin market is likely to continue its upward trend.
However, it is necessary to look at the trend of the coin market on the premise that BTC dominance should rise.
This is expected to increase BTC dominance even for a bull market in line with BTC's halvening next year.
Therefore, if BTC continues to rise with the current upward trend, it is expected that the rise of altcoins will slow down or begin to decline as BTC dominance rises above 45.68.
This phenomenon is expected to gradually dissipate as BTC price rises above 45K.
Therefore, if this week's candlestick closes as it is, there is a possibility that the HA-High indicator will move according to the movement of next week's candlestick.
Therefore, you should keep an eye on where this week's candle closes.
Comment:
After touching the HA-High indicator on any time frame chart, you can see how the trend is determined by whether it is supported or resisted.
As a result of this drop, the HA-High indicator is rising and is about to form at point 24584.4.
So, after touching around 24584.4, we need to confirm the movement.
If it rises without touching around 24584.4, the HA-High indicator will return to its original point.
Therefore, it is significant that the HA-High indicator forms a horizontal line.
This movement is the same as that of the HA-Low indicator.
As a result of this drop, the HA-High indicator is rising and is about to form at point 24584.4.
So, after touching around 24584.4, we need to confirm the movement.
If it rises without touching around 24584.4, the HA-High indicator will return to its original point.
Therefore, it is significant that the HA-High indicator forms a horizontal line.
This movement is the same as that of the HA-Low indicator.
Comment:
It may not be a big deal, but I think it can help predict future movements by checking whether they are supported or resisted near the HA-High indicator.
In this way, when the HA-Low and HA-High indicators rise or fall and are created near the current price, they act as support and resistance by touching the HA-Low and HA-High indicators.
It can be useful when quickly viewing various coin (token) charts, and I think it is worth using when trading.
In this way, when the HA-Low and HA-High indicators rise or fall and are created near the current price, they act as support and resistance by touching the HA-Low and HA-High indicators.
[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/
Therefore, it was not easy to enter the 'LONG' position around 'L1', 22471.5.
If you enter the 'LONG' position,
1st: Around 22975.1
2nd: 23592.1-23937.1
End of transaction: Around 24294.1
You can proceed with the transaction as above.
Since the first and second sales have been carried out, the end of the transaction is possible anywhere.
However, when the 5EMA or M-Signal on the 1D chart is touched, it is recommended to sell some or close the transaction.
I touched again around 24.2K, the high point I thought.
And, there is no change in that if it rises once more, it will touch the M-Signal indicator on the 1M chart and fall.
Also, if this uptrend is extended and it rises above 26K, I think next year's bull market is likely to be short-lived or very difficult to respond to.
The buy zone for next year's bull market is before 29K.
Therefore, unfortunately, please respond well to the mid- to long-term shaking that started with a +10% rise, not a drop of -10% or more.