readCrypto

29k or less: Buying section for the rise next year

readCrypto Mod Updated   
BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
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The reason for the explanation of the USDT, USDC, BTC.D, and USDT.D charts is that even if you know the overall funding of the coin market, the price changes of coins (tokens) can be predicted to some extent.

(USDT chart)

(USDC chart)

(BTC.D chart)

(USDT.D chart)


It is necessary to make sure that the USDT and the USDC chart falls while generating gaps.

It is necessary to make sure that the trend is formed from the 43.75-45.68 section on the BTC Dominosis Chart.

You need to make sure that the trend is formed from the 6.85-7.25 section on the USDT dominance chart.

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If the price is maintained by rising more than 22421.2, it is expected to continue the mid- to long -term rise.

If not, you should check if you are supported by 20853.8.

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(BTCUSDTPERP 1D chart)
Based on the point of 22471.5,
1. If it rises,
1st: 23937.1-24294.1
Secondary: M-SIGNAL on 1m Chart
It is necessary to make sure that it is resisted near the first and secondary secondary.

2. When it falls,
1st: 20984.7-21826.1
Second: 19411.7-20122.5
It is necessary to make sure that it is supported near the first and second rounds above.


I think that the current decline is a shaking to shift the mid- and long -term trends.

The maximum drop in this shaking is expected to be near 17.8K.

However, there is a possibility of being supported by 20984.7-21826.1, 19411.7-20122.5 mentioned above, so it is necessary to respond.

Both falls and rises occur to shake, so the trading strategy should be modified or created.

This is because it is likely to be a trading strategy that reflects psychology, so it is possible to proceed with a bad deal.


It is a buying section in the mid- to long -term perspective of 29K.

However, it is recommended to buy BTC or ETH, but buy altcoin for the next year.

The reason is that when BTC begins a full -fledged rise, Altcoin is likely to be sideways or decline.

This is because this movement may lead to 45K.



(1H chart)
The explanation of the 1H chart tells us about the transactions in the short period of time, which is mentioned above.

In this story, BTC does not focus on it, whether the BTC rises or down.

Therefore, you should not interpret this in the mid- and long -term thoughts.


'S2', 'S1', and 23390.5 'Short' position
1st: 20984.7-21826.1
Second: 19411.7-20122.5
End of transaction: 17864.7
You can drag long in the same way as above.


Since the next lateral section is not yet determined, you can change the entry of positions that require a quick response.

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(BTCKRW 1D Chart)
It has fallen to the HA-HIGH indicator of the 1W chart to be created.

Therefore, the key is whether it can be supported and rising in the 29164000-29639000 section.

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-The big picture
The full -scale rise is expected to start by more than 29K.

81K-95K, which is expected to be touched in the next ball.

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** All descriptions do not guarantee losses in investments for reference.

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Comment:
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Comment:
I think the most important thing in the investment market is the movement of money.

I think you can roughly know the money in the coin market by the movements of the USDT and USDC charts.

Looking at the 1M chart of USDT and USDC charts, USDT is showing an uptrend and USDC is likely to show an uptrend based on this month's closing positions.


A drop in BTC dominance is likely to lead to a pumping of altcoins.

However, considering next year's bull market, if BTC dominance declines now, it is expected to make a move that is quite difficult to predict.



An increase in USDT dominance is likely to lead to a decline in the coin market.

In particular, if it rises above 7.27 and maintains, the coin market is likely to show a sharp decline, so be careful.


In a situation where funds are flowing into the coin market, the decline in the coin market is likely to show a new change of hands.

Therefore, it is necessary to trade to protect the number of coins (tokens) you own.

You need to think of a trading strategy to buy more coins (tokens) as the price drops while keeping the number of coins (tokens) you own.

It's very important to make a profit right now, but you have to think about how to proceed with buying for the BTC halving, which everyone thinks will be a big bull market.
Comment:
(BTCUSDT 1D chart)
The probability of an HA-Low indicator being created near the current price position is increasing.

If so, the HA-Low indicator on the 1M, 1W, and 1D charts will form around 21023.14-21853.06, so it is expected to form an important buying zone.

Therefore, it can be seen that whether supported or resisted in this section is becoming more and more important.


The HA-Low and HA-High indicators are a combination of the Heikin Ashi and RSI indicators to indicate trading points.

Buying is possible when the price is supported near the HA-Low indicator, and it is likely to renew the low when resistance is encountered.

If it is supported near the HA-High indicator, it is likely to renew a high, and if it is resisted, it is likely to plunge.
Comment:
We have explained the HA-Low and HA-High indicators over many periods.

Also, I think we talked about how to utilize this indicator in real time to create a trading strategy.

Once your health improves, we'll explain the next indicator and how to create a trading strategy to utilize it.

Trading strategies using MS-Signal, HA-Low, and HA-High indicators are very important, so you need to understand them and think a lot about whether you can use them as criteria for creating real trading strategies.

[Example of exchange chart setup]

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

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