What happens when USDC's gap falls into 39B-42B...
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(USDT 1D chart)
(USDC 1D chart)
If USDC continues to break the gap below the 39.675B-42.563B range, I think the coin market is likely to enter a recession.
Therefore, when entering this section, the key is whether funds can flow in.
(BTC.D 1D chart)
During the volatility period around December 10 (December 9-11), we need to see if there is a move out of the 40.44-41.06 zone.
(USDT.D 1D chart)
During the volatility period around December 10 (December 9-11), the question is whether it can find resistance at 8.11-8.22 and fall below 7.86.
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(BTCUSDTPERP 1D Chart)
During the volatility period, it is necessary to check whether there is a movement out of the 16984.9-17170.0 range.
Before the StochRSI indicator enters the overbought zone, we need to see if it can sustain the price by rising above 17170.0.
If not, it could fall to around 16580.6.
If it rises around 17670.0, I would expect price to stay above 17170.0 to continue the uptrend.
So, if it rises above 17170.0, it's important to keep the price going.
Due to the point 19411.7, the newly forming volume profile point on the 1M chart, the volatility period seems to have been extended to around December 13th, that is, December 9th-14th.
If this week's candle closes near the current position and the HA-Low line on the 1W chart forms at 17864.7, the 17588.0-17864.7 section is expected to be an important support and resistance zone.
If the price stays above this zone through the period, it is expected to lead to an attempt to break above the downtrend line.
The volatility period at this time is the next volatility period around January 9th, and it is expected that whether or not the price breaks above the downtrend line will be determined.
In order to continue the new trend, the price must be maintained above 16422.6.
So, if possible, you should see if you can keep the price in the 16580.6-16729.8 range or higher.
USDC continues to gap down.
This lowering of the gap means taking money out of the coin market, which is likely to have an increasingly detrimental effect on the coin market.
Therefore, if you see a rise in the coin market, you will have to pay a lot of attention to how you respond to your coins (tokens).
In other words, it means that by reducing the number of coins (tokens) you have, you should prepare for a sharp drop that may occur in the future.
We recommend that you re-examine your trading strategy for your coins to avoid increasing your losses from -5% to -10% to more than -30%.
The maximum uptrend in the current flow is the 19411.7-20220.1 section.
Since a strong volume profile section is formed in this section, it is highly likely that this uptrend will be ended by touching this section.
However, if funds continue to flow through USDT or USDC rapidly, there is a possibility that the uptrend may end without breaking through the downtrend line passing around 18374.1-18741.7.
In any case, if the price is maintained above 16422.6, there is a possibility of continuing the uptrend again, so we need to check this part carefully.
The circled zones on the chart are important support and resistance zones.
(1h chart)
The circled zones on the chart are important support and resistance zones.
If the price is maintained above the M-Signal line of the 1D chart and above 17170.0, the main position is 'LONG'.
Therefore, a quick response is required when entering the 'SHORT' position.
It is expected to touch the 5EMA line and the M-Signal line on the 1D chart as they rise, sooner or later.
Therefore, at this time, it is necessary to check whether there can be a movement out of the 16984.9-17170.0 range due to possible volatility.
In order to show an upward trend, it must rise above 17302.2, and when it rises and then falls, it is important that it is supported around 17170.0.
If not, this time around 16580.6 is likely.
If you keep the price above 16422.6, I explained that there is a possibility of an upward trend again, so when it falls to this area, you need to check if there is a sharp movement and rise.
If it falls below 16422.6 and encounters resistance,
1st: 15908.2
2nd: 15328.7
3rd: 14824.3
You need to make sure that you are supported nearby.
------------------------------
- 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.
-------------------------------------------------- -------------------------------------------
** 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.
** 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 good day.
-------------------------------------
(USDT 1D chart)
(USDC 1D chart)
If USDC continues to break the gap below the 39.675B-42.563B range, I think the coin market is likely to enter a recession.
Therefore, when entering this section, the key is whether funds can flow in.
(BTC.D 1D chart)
(USDT.D 1D chart)
---------------------------------------
(BTCUSDTPERP 1D Chart)
Before the StochRSI indicator enters the overbought zone, we need to see if it can sustain the price by rising above 17170.0.
If not, it could fall to around 16580.6.
If it rises around 17670.0, I would expect price to stay above 17170.0 to continue the uptrend.
So, if it rises above 17170.0, it's important to keep the price going.
Due to the point 19411.7, the newly forming volume profile point on the 1M chart, the volatility period seems to have been extended to around December 13th, that is, December 9th-14th.
If this week's candle closes near the current position and the HA-Low line on the 1W chart forms at 17864.7, the 17588.0-17864.7 section is expected to be an important support and resistance zone.
If the price stays above this zone through the period, it is expected to lead to an attempt to break above the downtrend line.
The volatility period at this time is the next volatility period around January 9th, and it is expected that whether or not the price breaks above the downtrend line will be determined.
In order to continue the new trend, the price must be maintained above 16422.6.
So, if possible, you should see if you can keep the price in the 16580.6-16729.8 range or higher.
USDC continues to gap down.
This lowering of the gap means taking money out of the coin market, which is likely to have an increasingly detrimental effect on the coin market.
Therefore, if you see a rise in the coin market, you will have to pay a lot of attention to how you respond to your coins (tokens).
In other words, it means that by reducing the number of coins (tokens) you have, you should prepare for a sharp drop that may occur in the future.
We recommend that you re-examine your trading strategy for your coins to avoid increasing your losses from -5% to -10% to more than -30%.
The maximum uptrend in the current flow is the 19411.7-20220.1 section.
Since a strong volume profile section is formed in this section, it is highly likely that this uptrend will be ended by touching this section.
However, if funds continue to flow through USDT or USDC rapidly, there is a possibility that the uptrend may end without breaking through the downtrend line passing around 18374.1-18741.7.
In any case, if the price is maintained above 16422.6, there is a possibility of continuing the uptrend again, so we need to check this part carefully.
The circled zones on the chart are important support and resistance zones.
(1h chart)
The circled zones on the chart are important support and resistance zones.
If the price is maintained above the M-Signal line of the 1D chart and above 17170.0, the main position is 'LONG'.
Therefore, a quick response is required when entering the 'SHORT' position.
It is expected to touch the 5EMA line and the M-Signal line on the 1D chart as they rise, sooner or later.
Therefore, at this time, it is necessary to check whether there can be a movement out of the 16984.9-17170.0 range due to possible volatility.
In order to show an upward trend, it must rise above 17302.2, and when it rises and then falls, it is important that it is supported around 17170.0.
If not, this time around 16580.6 is likely.
If you keep the price above 16422.6, I explained that there is a possibility of an upward trend again, so when it falls to this area, you need to check if there is a sharp movement and rise.
If it falls below 16422.6 and encounters resistance,
1st: 15908.2
2nd: 15328.7
3rd: 14824.3
You need to make sure that you are supported nearby.
------------------------------
- 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.
-------------------------------------------------- -------------------------------------------
** 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.
** 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.)
---------------------------------
[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/
