Significant volatility period: starting around September 6
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(USDT chart)
It touched around 82.959B on the falling candlestick.
Therefore, the rise and fall of candlesticks that do not gap should be interpreted as triggering trades.
That's why you don't have to be afraid of falling candlesticks.
What you should be afraid of is when it drops, creating a gap.
This is because it is seen as a phenomenon of outflow of funds from the coin market.
Around August 7th, we can see that funds have flowed out of the coin market as the gap down begins.
When the take profit period is over, we expect it to start moving sideways and then start to rise.
I don't think there will be a downturn in the coin market unless USDT falls below 80.986B.
However, there is only a slight pain in waiting.
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(USDC chart)
USDC is likely to be funds from US-based investment companies or institutions.
Therefore, when USDC shows an upward trend, I think good news will start to come from the US side.
If the gap rises above 26.525B and is maintained, good news is likely to emerge.
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(BTC.D chart)
Altcoins are bouncing as BTC dominance falls below 50.
However, it is only exciting, but it seems to be returning to its original place.
Therefore, in order to trade altcoins, a quick response is required through day trading or short-term trading.
I think the section where you start to think that the pumping of altcoins has started is when it drops below the 47.64-48.81 section.
The pumping of these altcoins is highly likely to cause a strong downtrend in the coin market soon, so caution is required.
In order to welcome a proper altcoin bull market, BTC dominance must rise above at least 55.01 and then start to decline.
For now, I expect it to rise to around 61.73-68.72.
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(USDT.D chart)
A big rise occurred as it rose above 7.14-7.39.
An increase in USDT dominance means that the coin market is likely to go down.
If it remains above 8.12, it is expected to renew the new high (ATH).
Unless USDT dominance shows a decline, the coin market as a whole will draw a downward trend.
(1D chart)
Accordingly, it is expected that it will be important how it behaves during the volatility period between about 6th and 16th September.
At this time, if it does not fall below the minimum of 7.62, USDT dominance is expected to maintain an upward trend in the end, so caution is required.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** The trading volume indicator is displayed as a candle body based on 10EMA.
Display method (in order of boldest)
More than 3x 10EMA trading volume > 2.5x > 2.0x > 1.25x > trading volume below 10EMA
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(USDT chart)
Therefore, the rise and fall of candlesticks that do not gap should be interpreted as triggering trades.
That's why you don't have to be afraid of falling candlesticks.
What you should be afraid of is when it drops, creating a gap.
This is because it is seen as a phenomenon of outflow of funds from the coin market.
Around August 7th, we can see that funds have flowed out of the coin market as the gap down begins.
When the take profit period is over, we expect it to start moving sideways and then start to rise.
I don't think there will be a downturn in the coin market unless USDT falls below 80.986B.
However, there is only a slight pain in waiting.
-------------------------------------------------- -----------
(USDC chart)
Therefore, when USDC shows an upward trend, I think good news will start to come from the US side.
If the gap rises above 26.525B and is maintained, good news is likely to emerge.
-------------------------------------------------- --------
(BTC.D chart)
However, it is only exciting, but it seems to be returning to its original place.
Therefore, in order to trade altcoins, a quick response is required through day trading or short-term trading.
I think the section where you start to think that the pumping of altcoins has started is when it drops below the 47.64-48.81 section.
The pumping of these altcoins is highly likely to cause a strong downtrend in the coin market soon, so caution is required.
In order to welcome a proper altcoin bull market, BTC dominance must rise above at least 55.01 and then start to decline.
For now, I expect it to rise to around 61.73-68.72.
-------------------------------------------------- -----
(USDT.D chart)
An increase in USDT dominance means that the coin market is likely to go down.
If it remains above 8.12, it is expected to renew the new high (ATH).
Unless USDT dominance shows a decline, the coin market as a whole will draw a downward trend.
(1D chart)
At this time, if it does not fall below the minimum of 7.62, USDT dominance is expected to maintain an upward trend in the end, so caution is required.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** The trading volume indicator is displayed as a candle body based on 10EMA.
Display method (in order of boldest)
More than 3x 10EMA trading volume > 2.5x > 2.0x > 1.25x > trading volume below 10EMA
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
[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/
Since the movement of the candle is formed through trading, I think it is evidence that the funds flowing into USDC are doing a lot of trading in the coin market.
We believe that the inflow or outflow of new funds is expressed as a gap.
It remains to be seen if USDC can gap up and stay above 26.525B.