Need to check if volatility occurs
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(USDT 1D chart)
It rose above 66.442B on a bullish candlestick.
The meaning of the candle is that USDT increases and decreases as funds in the coin market rotate.
Therefore, the meaning of the rising candlestick can be interpreted to mean that USDT has increased due to the activation of the selling trend.
(USDC 1D chart)
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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(BTCUSDTPERP 1D Chart)
If the price holds above 16422.6, the new trend is expected to continue.
Therefore, the key is whether it can be supported in the 16422.6-16580.6 section or higher and rise above MS-Signal.
Since StochRSI has entered the oversold zone, it is important to maintain the price above 16422.6 when it exits the oversold zone.
The next period of volatility is around January 6th.
It's an important move to overcome going forward.
To continue the new trend, we need to keep the price above 16422.6.
It needs to rise above 17108.7 to continue the short-term uptrend.
In order to turn into a mid- to long-term uptrend, it must rise above 17864.7.
To create a new trend change, it needs to break out of the downtrend line (1).
(1h chart)
If the price is maintained below the M-Signal line of the 1D chart and below 17108.7, the main position is 'SHORT'.
Therefore, a quick response is required when entering a 'LONG' position.
It is recommended not to enter a position within 16491.9-16531.4, such as 16730.0-16801.2.
Enter 'LONG' when showing support in 16531.4-16580.6
Enter 'SHORT' when receiving resistance from 16422.6-16531.4
It is a slightly expanded concept of the entry point from the previous position entry.
When entering 'LONG', it becomes important to confirm that the 5EMA on the 1D chart can be broken above.
Therefore, a simultaneous upward breakout of 16613.5 and 5EMA on the 1D chart could lead to further upside.
1st selling point: 16730.0-16801.2
2nd: 16938.1-16984.9
When entering 'SHORT', you should carefully observe whether it rebounds quickly.
The important thing here is to check whether you are getting support or resistance at 16422.6.
It is recommended to set S/L within 16491.9-16531.4.
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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.
** 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)
The meaning of the candle is that USDT increases and decreases as funds in the coin market rotate.
Therefore, the meaning of the rising candlestick can be interpreted to mean that USDT has increased due to the activation of the selling trend.
(USDC 1D chart)
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)
We need to see if it can rise above 42.72.
(USDT.D 1D chart)
We need to see if it can drop below 8.11.
---------------------------------------
(BTCUSDTPERP 1D Chart)
Therefore, the key is whether it can be supported in the 16422.6-16580.6 section or higher and rise above MS-Signal.
Since StochRSI has entered the oversold zone, it is important to maintain the price above 16422.6 when it exits the oversold zone.
The next period of volatility is around January 6th.
It's an important move to overcome going forward.
To continue the new trend, we need to keep the price above 16422.6.
It needs to rise above 17108.7 to continue the short-term uptrend.
In order to turn into a mid- to long-term uptrend, it must rise above 17864.7.
To create a new trend change, it needs to break out of the downtrend line (1).
(1h chart)
If the price is maintained below the M-Signal line of the 1D chart and below 17108.7, the main position is 'SHORT'.
Therefore, a quick response is required when entering a 'LONG' position.
It is recommended not to enter a position within 16491.9-16531.4, such as 16730.0-16801.2.
Enter 'LONG' when showing support in 16531.4-16580.6
Enter 'SHORT' when receiving resistance from 16422.6-16531.4
It is a slightly expanded concept of the entry point from the previous position entry.
When entering 'LONG', it becomes important to confirm that the 5EMA on the 1D chart can be broken above.
Therefore, a simultaneous upward breakout of 16613.5 and 5EMA on the 1D chart could lead to further upside.
1st selling point: 16730.0-16801.2
2nd: 16938.1-16984.9
When entering 'SHORT', you should carefully observe whether it rebounds quickly.
The important thing here is to check whether you are getting support or resistance at 16422.6.
It is recommended to set S/L within 16491.9-16531.4.
-------------------------------------------
- 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.)
---------------------------------
Trade closed: target reached:
The position entered at 'LONG' was closed at the entry price after the first sell around 16613.5.
Trade active:
It aggressively entered 'LONG' from 16491.9-16531.4, and is expected to enter additional 'LONG' when it shows support from 16531.4-16580.6.
S/L : 16491.0
On the 1h chart, there are HA-Low, HA-High, and MS-Signal.
Therefore, if supported by 16491.9, it is possible to enter 'LONG', and if it is resisted, it is possible to enter 'SHORT'.
However, since you are trading using the 1h chart point, a quick response is required.
If it does not rise above the MS-Signal, it is recommended to sell the first round or close the trade as it cannot be converted to an uptrend.
S/L : 16491.0
On the 1h chart, there are HA-Low, HA-High, and MS-Signal.
Therefore, if supported by 16491.9, it is possible to enter 'LONG', and if it is resisted, it is possible to enter 'SHORT'.
However, since you are trading using the 1h chart point, a quick response is required.
If it does not rise above the MS-Signal, it is recommended to sell the first round or close the trade as it cannot be converted to an uptrend.
Comment:
Since the number of items that can be posted on the Minds board per day is limited to 20, the remaining altcoin 1M chart descriptions will continue to be uploaded tomorrow.
[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/
(USDC 1D chart)
If the gap rises continuously with USDT and rises above 66.442B, the coin market is expected to increase price defense and buying.