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(XBTUSD 1W Chart) - Mid-Long-Term Perspective
Above the 27650.0-29350.0 section: An uptrend expected to continue.
(27650.0-33101.0 section: strong support section)
The 42084.0-47010.0 section is a support section for creating a new wave.
After next week, you should see any movement outside the 40163.5-42084.0 zone.
(XBTUSD 1D Chart)
Resistance section: 46695.0-49518.0
Support section: around 38225.0
You should see if you can break away from the downtrend line (3) around January 11th (10th-12th January) when the uptrend line (2) and the downtrend line (3) cross.
In particular, you should see if you can find support within the uptrend channel (above the 40163.5 point) formed by the uptrend line (2) and break out of the downtrend line (3).
To switch to an uptrend, it must rise to the 46695.0-49518.0 section.
However, since the 46695.0-49518.0 section is a section that determines the trend, it is necessary to trade carefully as the upward trend can be continued only when the section is upwardly broken.
It is necessary to check whether there is any movement outside the section 40163.5-45211.0 by January 26th.
Attempts to break above the MS-Signal indicator came out twice (a, b) from a big perspective.
We need to see if our next upward breakout attempt (c) occurs around January 26th.
The period of great volatility is around March 9th.
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(ETHUSDT 1W Chart)
Above 1741.38: Expected to create a new wave.
(1D chart)
Resistance section: 4191.93-4464.22
Support section: 2285.94-2558.23
We need to see if we can move up along the uptrend line (2) passing the 2910.0 point.
If the decline from the 2910.0 point is likely to touch the support zone, trade cautiously.
It must rise above the 3375.08 point to turn into an uptrend.
However, to accelerate the uptrend, it must rise above the 3885.52 point.
The next volatility period is around January 14th.
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(XBTUSD 1M Chart) - Big Trend
All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction.
Looking at the big picture, I think 4-5 waves are going on.
Depending on how you interpret section A, the wave may be different.
Likewise, you need to be more careful in your trading, because the parts that have not yet been created may have the same flow as section A.
The expected ascent section is near the 80574.0-83397.0 section.
This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section.
There are two large resistance intervals to move up to the expected level.
The two large resistance sections are sections a and b.
If it fails to break through section a upward, I think it can represent the same flow as section A.
If it rises above the 72104.0 point with this rise, it is expected that it will not fall below the 26K-29K section (maximum 21K section) even if a bear market continues.
If the 38K section is touched, it is expected to lead to a sharp rise.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
------------------------------------------------------------ -------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(XBTUSD 1W Chart) - Mid-Long-Term Perspective
(27650.0-33101.0 section: strong support section)
The 42084.0-47010.0 section is a support section for creating a new wave.
After next week, you should see any movement outside the 40163.5-42084.0 zone.
(XBTUSD 1D Chart)
Resistance section: 46695.0-49518.0
Support section: around 38225.0
You should see if you can break away from the downtrend line (3) around January 11th (10th-12th January) when the uptrend line (2) and the downtrend line (3) cross.
In particular, you should see if you can find support within the uptrend channel (above the 40163.5 point) formed by the uptrend line (2) and break out of the downtrend line (3).
To switch to an uptrend, it must rise to the 46695.0-49518.0 section.
However, since the 46695.0-49518.0 section is a section that determines the trend, it is necessary to trade carefully as the upward trend can be continued only when the section is upwardly broken.
It is necessary to check whether there is any movement outside the section 40163.5-45211.0 by January 26th.
Attempts to break above the MS-Signal indicator came out twice (a, b) from a big perspective.
We need to see if our next upward breakout attempt (c) occurs around January 26th.
The period of great volatility is around March 9th.
-------------------------------------------
(ETHUSDT 1W Chart)
(1D chart)
Support section: 2285.94-2558.23
We need to see if we can move up along the uptrend line (2) passing the 2910.0 point.
If the decline from the 2910.0 point is likely to touch the support zone, trade cautiously.
It must rise above the 3375.08 point to turn into an uptrend.
However, to accelerate the uptrend, it must rise above the 3885.52 point.
The next volatility period is around January 14th.
------------------------------------------
(XBTUSD 1M Chart) - Big Trend
Looking at the big picture, I think 4-5 waves are going on.
Depending on how you interpret section A, the wave may be different.
Likewise, you need to be more careful in your trading, because the parts that have not yet been created may have the same flow as section A.
The expected ascent section is near the 80574.0-83397.0 section.
This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section.
There are two large resistance intervals to move up to the expected level.
The two large resistance sections are sections a and b.
If it fails to break through section a upward, I think it can represent the same flow as section A.
If it rises above the 72104.0 point with this rise, it is expected that it will not fall below the 26K-29K section (maximum 21K section) even if a bear market continues.
If the 38K section is touched, it is expected to lead to a sharp rise.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
------------------------------------------------------------ -------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
Comment:
(XBTUSD 1D Chart)
I think that what can be known as an indicator is the proof (?) or confirmation process (?) of the movement of the current price and volume.
Therefore, you will use it as a tool to prove the trend or flow you think.
In the wRSI_SR indicator, 1 indicates that the RS line has failed to break above the SR line, and 2 indicates that it is attempting to break above the SR line.
When the RS line rises above the 20 point and crosses above the SR line, a short-term uptrend is indicated.
These movements will appear according to the movement of the price chart.
However, as the CCI line has fallen below the -100 point in the CCI-RC indicator, it is still showing a downward trend.
Therefore, we need to see if the CCI line rises above the -100 point along with the wRSI_SR indicator to bolster the short-term uptrend.
In the wRSI_SW indicator, the RS line has fallen below the trend line at the bottom and is rising, so it is expected to form a new trend line.
Therefore, you will use it as a tool to prove the trend or flow you think.
In the wRSI_SR indicator, 1 indicates that the RS line has failed to break above the SR line, and 2 indicates that it is attempting to break above the SR line.
When the RS line rises above the 20 point and crosses above the SR line, a short-term uptrend is indicated.
These movements will appear according to the movement of the price chart.
However, as the CCI line has fallen below the -100 point in the CCI-RC indicator, it is still showing a downward trend.
Therefore, we need to see if the CCI line rises above the -100 point along with the wRSI_SR indicator to bolster the short-term uptrend.
In the wRSI_SW indicator, the RS line has fallen below the trend line at the bottom and is rising, so it is expected to form a new trend line.
[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/
In particular, I think the volatility that occurred on November 10th and January 7th had the biggest impact.
If the USDT and USDC charts are maintaining an uptrend, the coin market is expected to maintain an uptrend overall.
(Other altcoin price movements are showing a lot of decline due to the high prices of BTC and ETH.)