Importance of 19.9K and 22.4K
Hello?
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 1D chart)
We need to see if it can stay above 68.468B.
(USDC 1D chart)
If it falls below 39.675B-42.563B, the coin market is likely to enter a recession.
Since USDT and USDC are moving in opposite directions, it can be interpreted that the market is showing a mixed trend.
However, if USDT funds are not withdrawn from their current position, the market is likely to recover faster than expected.
(BTC.D 1D chart)
In order for the uptrend to be prolonged, it needs resistance and a decline near 43.75.
The uptrend is expected to continue until it declines around 39.56-40.44.
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.
If you look at the 1M chart of the BTC dominance chart, you can see how close the current position is to the low.
Therefore, I think that the market trend should be interpreted with a focus on the fact that BTC dominance will continue to rise.
(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.
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.
---------------------------------------
----------------------------
(BTCUSDTPERP 1D Chart)
In order to get out of the current sideways movement, I think there must be a movement out of the 20984.7-22471.5 section.
Therefore, in order to believe that the current rise will continue, it would need to show price holding up above 22471.5.
So, the question is whether it can rise above 22471.5 between the 14th and 16th of February.
Based on the point 22471.5,
1. As you ascend,
1st: 23937.1-24294.1
2nd : M-Signal of 1M Chart
You need to check if resistance is received near the 1st and 2nd order above.
2. When it goes down,
1st: 20984.7-21826.1
2nd : 19411.7-20122.5
You need to make sure that it is supported in the vicinity of the 1st and 2nd above.
Since the HA-High indicator on the 1W chart fell and was created at 19917.3, there is no change in the idea that it must touch this point.
Therefore, even if it rises, it is expected to touch the 19917.3 point.
(1h chart)
It is necessary to check whether the M-Signal of the 1D chart is supported or resisted.
Since there are no points of support or resistance near the current price level, entry into a full-fledged position is virtually impossible.
Therefore, I think it is good to observe the situation a little more.
However, as I said in the introduction of the 1D chart, I said that you need to get out of the 20984.7-22471.5 section to get out of the sideways section.
Therefore, if you show support at 'L1', 22471.5, you can enter the 'LONG' position.
However, I recommend taking short trades as I don't think the uptrend will continue.
Since the HA-High indicator on the 1W chart was created at the 19917.3 point, we expect it to touch the 19917.3 point.
Therefore, entering the 'SHORT' position is possible when it falls in the 21826.1-22027.3 section.
However, it is highly likely that the decline will start only when it falls below 5EMA, M-Signal on the 1D chart, so you should keep an eye on this.
1st: Around 21505.6
2nd: Around 20984.7
End of transaction: around 20122.5
The trading end point is when the M-Signal indicator on the 1W chart is rising, so if it does not fall below the M-Signal indicator on the 1W chart, it is recommended to sell part of the trade or close the transaction.
I think entering a position that requires a quick response is still valid.
Therefore, we would appreciate it if you could refer to the explanation of the previous idea chart.
-------------------------------------------
(BTCKRW 1D chart)
It is necessary to check whether there is movement out of the 27317000-29639000 section.
The HA-High indicator on the 1W chart disappeared from trying to be created at the 2698100 point.
------------------------------
- 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.
-------------------------------------------------- -------------------------------------------
** 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 1D chart)
(USDC 1D chart)
Since USDT and USDC are moving in opposite directions, it can be interpreted that the market is showing a mixed trend.
However, if USDT funds are not withdrawn from their current position, the market is likely to recover faster than expected.
(BTC.D 1D chart)
The uptrend is expected to continue until it declines around 39.56-40.44.
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.
If you look at the 1M chart of the BTC dominance chart, you can see how close the current position is to the low.
Therefore, I think that the market trend should be interpreted with a focus on the fact that BTC dominance will continue to rise.
(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.
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.
---------------------------------------
----------------------------
(BTCUSDTPERP 1D Chart)
Therefore, in order to believe that the current rise will continue, it would need to show price holding up above 22471.5.
So, the question is whether it can rise above 22471.5 between the 14th and 16th of February.
Based on the point 22471.5,
1. As you ascend,
1st: 23937.1-24294.1
2nd : M-Signal of 1M Chart
You need to check if resistance is received near the 1st and 2nd order above.
2. When it goes down,
1st: 20984.7-21826.1
2nd : 19411.7-20122.5
You need to make sure that it is supported in the vicinity of the 1st and 2nd above.
Since the HA-High indicator on the 1W chart fell and was created at 19917.3, there is no change in the idea that it must touch this point.
Therefore, even if it rises, it is expected to touch the 19917.3 point.
(1h chart)
It is necessary to check whether the M-Signal of the 1D chart is supported or resisted.
Since there are no points of support or resistance near the current price level, entry into a full-fledged position is virtually impossible.
Therefore, I think it is good to observe the situation a little more.
However, as I said in the introduction of the 1D chart, I said that you need to get out of the 20984.7-22471.5 section to get out of the sideways section.
Therefore, if you show support at 'L1', 22471.5, you can enter the 'LONG' position.
However, I recommend taking short trades as I don't think the uptrend will continue.
Since the HA-High indicator on the 1W chart was created at the 19917.3 point, we expect it to touch the 19917.3 point.
Therefore, entering the 'SHORT' position is possible when it falls in the 21826.1-22027.3 section.
However, it is highly likely that the decline will start only when it falls below 5EMA, M-Signal on the 1D chart, so you should keep an eye on this.
1st: Around 21505.6
2nd: Around 20984.7
End of transaction: around 20122.5
The trading end point is when the M-Signal indicator on the 1W chart is rising, so if it does not fall below the M-Signal indicator on the 1W chart, it is recommended to sell part of the trade or close the transaction.
I think entering a position that requires a quick response is still valid.
Therefore, we would appreciate it if you could refer to the explanation of the previous idea chart.
-------------------------------------------
(BTCKRW 1D chart)
The HA-High indicator on the 1W chart disappeared from trying to be created at the 2698100 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.)
---------------------------------
[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/
It seems that after a long time, both USDT and USDC funds have flowed into the coin market.
It shows an inflow of $745,745,930, up 1.09% in USDT.
It shows an inflow of $224,253,092, up 0.55% in USDC.
We need to see when and how these funds will be used.
Looking at the market on the premise that BTC dominance will rise, it seems highly likely that funds will be used after the plunge.
If not, it is expected to prolong the near-term uptrend.
In this short-term uptrend, the question is whether BTC dominance will make history as it falls below the 39.56-40.44 zone.
If not, you will literally end up with a short run.
If the short-term uptrend is prolonged, it is expected that individual investors will have to respond with a different strategy as an uptrend is expected to be difficult for individual investors to approach in the future.