readCrypto

Periods of high volatility

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BINANCE:BTCUSDT   Bitcoin / TetherUS
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(USDT 1D chart)
I need to see if I can keep it at 66.442B or higher.

(USDC 1D chart)
I need to see if a move out of 44.07B-44.807B can come out.

The rise in the gap between USDT and USDC is considered to be a sign of new funds entering the coin market.


(BTC.D 1D chart)
An increase in BTC dominance means that funds will be concentrated towards BTC.

We need to see if it can rise above 42.72.


(USDT.D 1D chart)
An increase in USDT dominance means that the coin market is likely to decline.

We need to see if it can drop below 8.11.

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(BTCUSDT 1W chart)
A trend is likely to form out of 15475.10-17880.71.

Specifically, we need to see if we can keep the price above 16542.40.

StochRSI is trending higher, but the price is holding back.

So, if it falls below 15475.10, there is a possibility of a sharp decline and you should think about how to respond.


(1D chart)
The key is whether it can be supported above the HA-Low point of 16590.54 and rise above the MS-Signal.

If not, you should check for support around 16428.78.

Therefore, it is important to be able to get out of the small sideways range of 16428.78-16740.64.


I think it should close higher this week above 16740.64 to turn the tide on the 1W chart.

To do so, it is necessary to check whether there is a sharp rise when falling to the 16428.78-16590.54 section.

If it doesn't, it's likely to crash.


The next volatility period is around January 21-30.


If this uptrend ends with a one-off,
1st : 17880.71
2nd : 19176.93-20050.02
It is expected to touch the vicinity and fall.


If the new trend breaks, i.e. falls below 16428.78,
1st: 15475.10
2nd : 14.8K
3rd : 13500-13761.50
It is expected to touch the vicinity.

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(BTCKRW 1D chart)
Since we have entered a period of volatility, we need to check whether there is a movement out of the 20840000-22339000 range.

If not, you should check if it has support around 20840000-21162000.

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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.

** 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.)

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Comment:
(NAS100USD + DXY + XAUUSD 1D Chart)
If it fails to rise above HA-Low on the NAS100USD chart, I would expect a decline around 10478.6.

The question is whether the DXY chart can find resistance and decline around 105.292.

It rose above 1835.857 on the XAUUSD chart, so we need to see if it will rise further.
Trade active:
(BTCUSDTPERP 1h chart)
As it fell below 5EMA on the 1D chart, it touched around 16613.5 and rose.

The section 16580.6-16613.5 is the 'L2' section and is the section where you can enter 'LONG'.


Therefore, you should have closed the 'LONG' position you entered previously and entered 'LONG' again.

The first selling point is the 16730.0-16801.2 section.
However, if it fails to rise to 16730.0 and falls below 16698.2, it is recommended to sell the first round at this time.

2nd: 16938.1-16987.1


At the end of the transaction
1. When touching the M-Signal of the 1D chart
2. When 5EMA of the 1D chart is touched
3. When the entry price is touched
4. When it rises around 17108.7

[Example of exchange chart setup]

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

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