In order to transition to a mid- to long-term uptrend...
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(SOLBTC 1W chart)
As it rises around 0.0008 297, it appears to be gaining the power of a rise in a lifetime.
I think it needs to rise at least 0.0016623 to get the strength to rise.
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(SOLUSDT 1W chart)
In order to switch to a mid- to long-term uptrend, it should show support in the 24.54-46.85 section.
However, in order to continue the mid- to long-term upward trend, it must rise above HA-High, so you must shake it up and down to make the HA-High indicator fall.
So, be prepared for volatility.
(1D chart)
It needs to rise above 31.99 to continue the short-term uptrend.
If not, rocking it up and down will cause the HA-High to drop.
The question is whether the price can sustain it by moving above the downtrend line (1) and above 24.54.
The next period of volatility is around the 27th of January.
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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 nice day.
-------------------------------------
(SOLBTC 1W chart)
I think it needs to rise at least 0.0016623 to get the strength to rise.
-----------------------------------------
(SOLUSDT 1W chart)
However, in order to continue the mid- to long-term upward trend, it must rise above HA-High, so you must shake it up and down to make the HA-High indicator fall.
So, be prepared for volatility.
(1D chart)
It needs to rise above 31.99 to continue the short-term uptrend.
If not, rocking it up and down will cause the HA-High to drop.
The question is whether the price can sustain it by moving above the downtrend line (1) and above 24.54.
The next period of volatility is around the 27th of January.
-------------------------------------------------- -------------------------------------------
** 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.)
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Trade active:
(BTCUSDTPERP 1h chart)
You entered the 'LONG' position at 'L1', 20794.4-20984.7.
By touching more than 21K, the trading end point was changed to the average entry price.
By touching more than 21K, the trading end point was changed to the average entry price.
Trade closed: stop reached:
(BTCUSDTPERP 1h chart)
The 'LONG' position was closed when the entry price was touched.
(Sell partly when falling below 20984.0)
The entry into the 'SHORT' position is scheduled to be entered when it shows resistance at 20570.1.
If not, it will re-enter 'LONG' once it rises to 20794.4-20984.7 and shows support.
(Sell partly when falling below 20984.0)
The entry into the 'SHORT' position is scheduled to be entered when it shows resistance at 20570.1.
If not, it will re-enter 'LONG' once it rises to 20794.4-20984.7 and shows support.
[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/
Therefore, the current trend can be said to be located in the macroscopic sideways section, which can be said to be an uptrend or a downtrend.
What the rise and fall of BTC dominance tells us is whether funds are concentrated towards BTC or altcoins.
In addition, I believe that an increase in BTC dominance is necessary to create a solid (liquidity-rich) investment environment in the coin market.
If BTC dominance starts to rise above 43.40-45.68, the coin market is likely to suffer once more.
However, there may be a strange market atmosphere in which BTC alone rises, and at this time, the price of altcoins may experience a huge drop.
Therefore, if possible, you should see resistance and decline around 43.40-45.68 to see how much price recovery of the altcoin can be achieved.
Anyway, in order for the bull market to start, we need to see a rise around 56.78, so I think it is necessary to adjust the investment proportion of the altcoins currently held.
However, there is a possibility that the rise in ETH price will act as a variable for the above movement.
An increase in ETH price can cause BTC dominance to slowly rise as much as it can bring BTC dominance down.
If that happens, it could be a long period of time before the bull market as we know it begins.