Get support during periods of volatility
Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice 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)
I need to see if I can keep it at 66.442B or higher.
(USDC 1D chart)
We need to see if it can rise above 44.07B.
(BTC.D 1D chart)
It is important to see if it can rise above 43.75, meet resistance, and fall.
(USDT.D 1D chart)
It is necessary to check which direction it deviate from the 6.90-7.27 section.
---------------------------------------
(BTCUSDTPERP 1D Chart)
A decline below 20984.7 would see the Heikin Ashi body turn into a bearish indicator.
Therefore, we expect to see the first bearish sign in the uptrend that started on January 1st.
The single drop shows that StochRSI is trying to get out of the overbought zone.
If the price holds above 19411.7, it is expected to maintain its upward trend over the medium to long term.
However, if this month's candle closes around 20984.7, the HA-Low on the 1M chart will be created at the point currently marked, so it will form a point where you can buy and trade from a long-term perspective.
The most important thing on BTC's chart is to keep the price above the downtrend line (1).
If the price stays above the downtrend line (1), it turned into a new trend (downtrend → sideways) on November 27, 2022.
And, as it breaks away from the downtrend line (1), it will maintain the movement that has turned into a new trend (sideways → uptrend).
It can be seen that these movements represent a transition of flow over the mid- to long-term.
Then, the HA-Low on the 1M chart appears to be created at the 20984.7 point, showing a long-term turn to the uptrend, supporting the movement mentioned above.
If USDT is maintained above 66.442B and the gap continues to rise towards 68B, it is expected that this movement will be greatly supported.
USDC's decline should pay attention to the price fluctuations of ETH, including US investment capital and investment products.
However, USDC's continued gap decline can eventually adversely affect the coin market, so you should keep an eye on it.
I don't think there is anything stronger than the issues I've been through so far.
It means that as long as the current economic situation continues to be maintained, it will not be a big enough issue to greatly shake the investment market.
It is judged that a lot of funds and money that move the world economy are not properly looking for investment destinations due to the deterioration of the actual economy.
Therefore, it means that there is a high possibility that funds and money will be concentrated in the investment market, that is, the stock market or coin market, rather than the actual economy.
However, signs that funds are still flowing into the coin market are weak.
So, I don't think now is the time to start investing in earnest.
This period of volatility is up to around January 19-30.
However, the period expected to show full-scale volatility is around January 21-28.
(1h chart)
It entered the 20570.1-20984.7 section again.
thus,
1. 'LONG' position
- Entry: When it shows support around 20794.4 and rises above 20984.7
1st: Around 21826.1
2nd: 22471.5-22975.1
Close transaction: 23937.1-24294.1
2. 'SHORT' position
- Entry: When it shows resistance around 20794.4 and falls below 20570.1
1st: around 20122.5
Trade Closed: 19188.6-19411.7
It is possible to enter a full-fledged 'SHORT' position only when it falls below the M-Signal on the 1D chart.
Therefore, a quick response is required when entering the current 'SHORT' position.
A drop below 19411.7 means that further declines are likely, as the price needs to stay above the M-Signal on the 1W chart to maintain the mid- to long-term uptrend.
-------------------------------------------
(BTCKRW 1D chart)
The question is whether it can rise above 27317000 and break out of the downtrend line.
The next volatility period is around January 28th.
------------------------------
- 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/).
** SR_R_C 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.)
---------------------------------
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice 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)
(BTC.D 1D chart)
(USDT.D 1D chart)
---------------------------------------
(BTCUSDTPERP 1D Chart)
Therefore, we expect to see the first bearish sign in the uptrend that started on January 1st.
The single drop shows that StochRSI is trying to get out of the overbought zone.
If the price holds above 19411.7, it is expected to maintain its upward trend over the medium to long term.
However, if this month's candle closes around 20984.7, the HA-Low on the 1M chart will be created at the point currently marked, so it will form a point where you can buy and trade from a long-term perspective.
The most important thing on BTC's chart is to keep the price above the downtrend line (1).
If the price stays above the downtrend line (1), it turned into a new trend (downtrend → sideways) on November 27, 2022.
And, as it breaks away from the downtrend line (1), it will maintain the movement that has turned into a new trend (sideways → uptrend).
It can be seen that these movements represent a transition of flow over the mid- to long-term.
Then, the HA-Low on the 1M chart appears to be created at the 20984.7 point, showing a long-term turn to the uptrend, supporting the movement mentioned above.
If USDT is maintained above 66.442B and the gap continues to rise towards 68B, it is expected that this movement will be greatly supported.
USDC's decline should pay attention to the price fluctuations of ETH, including US investment capital and investment products.
However, USDC's continued gap decline can eventually adversely affect the coin market, so you should keep an eye on it.
I don't think there is anything stronger than the issues I've been through so far.
It means that as long as the current economic situation continues to be maintained, it will not be a big enough issue to greatly shake the investment market.
It is judged that a lot of funds and money that move the world economy are not properly looking for investment destinations due to the deterioration of the actual economy.
Therefore, it means that there is a high possibility that funds and money will be concentrated in the investment market, that is, the stock market or coin market, rather than the actual economy.
However, signs that funds are still flowing into the coin market are weak.
So, I don't think now is the time to start investing in earnest.
This period of volatility is up to around January 19-30.
However, the period expected to show full-scale volatility is around January 21-28.
(1h chart)
It entered the 20570.1-20984.7 section again.
thus,
1. 'LONG' position
- Entry: When it shows support around 20794.4 and rises above 20984.7
1st: Around 21826.1
2nd: 22471.5-22975.1
Close transaction: 23937.1-24294.1
2. 'SHORT' position
- Entry: When it shows resistance around 20794.4 and falls below 20570.1
1st: around 20122.5
Trade Closed: 19188.6-19411.7
It is possible to enter a full-fledged 'SHORT' position only when it falls below the M-Signal on the 1D chart.
Therefore, a quick response is required when entering the current 'SHORT' position.
A drop below 19411.7 means that further declines are likely, as the price needs to stay above the M-Signal on the 1W chart to maintain the mid- to long-term uptrend.
-------------------------------------------
(BTCKRW 1D chart)
The next volatility period is around January 28th.
------------------------------
- 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/).
** SR_R_C 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.)
---------------------------------
Comment:
Since the HA-High on the 1D chart is about to be created at the 20643.2 point, change the entry point for the 'SHORT' position.
Entry: When showing resistance near 20570.1-20643.2
Entry: When showing resistance near 20570.1-20643.2
[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 is necessary to check whether it is supported or resisted in 20627.87.
In order to continue the short-term uptrend, it is important to maintain the price above the HA-High that will be created this time.