Need to check whether shaking will start based on 43160.0

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(BTCUSDT chart)

(1M charts)

It rose and touched the HA-High indicator.

Accordingly, the trend is expected to be redetermined based on the 43823.59 point.


(1W chart)

The HA-High indicator on the 1W chart is currently located at 59370.07.

Accordingly, it is necessary to check whether the HA-High indicator falls by shaking around 43823.59.

Therefore, as I mentioned earlier, I think it is highly likely that the trend will be determined again based on the 43823.59 point.


If a shake occurs, you should check for support around 37253.81-38531.90.


(1D chart)

The secondary resistance range is 44200.0-47600.0.

Accordingly, it is necessary to check whether there is a shake across the 39845.44-42053.66 section to the 44200.0-47600.0 section based on the 43823.59 point.


Therefore, it can be said that the 43823.59 point corresponds to the split selling section.


The next period of volatility was expected to be around December 9th, but it moved a little faster.

However, you need to check whether a new trend is formed around December 9th (futures chart: around December 8th).

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(About altcoin bull market)

In order for an altcoin bull market, that is, a bull market that rises even when purchasing any coin (token), to begin.

1. BTC dominance: below 50
2. USDT dominance: below 5.89-6.39

Items 1 and 2 above must be satisfied.

And, the general bull market in which all coins (tokens) rise is expected to begin only when BTC dominance rises above 61 and then begins to fall.


Accordingly, caution is required when trading altcoins.

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- The big picture

The full-fledged upward trend is expected to begin when the price rises above 29K.

This is the section expected to be touched in the next bull market, 81K-95K.

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** All explanations are for reference only and do not guarantee profit or loss in investment.

** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA

** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.

** This chart was created using my know-how.

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Comment:

#BTCUSDT.P 1h

It's a good idea to wait until you build the box section again.

Comment:

#BTCUSDT.P 1h

A box section was formed at 43750.2-44160.1.

Accordingly, we need to check whether it can rise within the box section.

If not, volatility is expected to occur as it touches the MS-Signal indicator.

Comment:

(BTCUSDT.P 1D)

The period of volatility on the futures charts begins around December 8 (December 7-9).

Therefore, you need to be careful about volatility.

(1h)

If the price stays below the MS-Signal indicator, it will eventually fall.

At this time, you need to touch the 5EMA on the 1D chart and check if it can rise.

If the price maintains and rises near the MS-Signal indicator, it is likely to lead to a sharp rise, so be aware of volatility.

Comment:

#BTCUSDT.P 1h

You should think of touching near the 5EMA on the 1D chart and create a response strategy.

This is because I think there is a high possibility that a trend will form depending on whether it is supported or resisted nearby, even if it does not touch it.


If you see support near the M-Signal indicator on the 1D chart, there is a possibility of creating a pull back pattern, so you should also think about countermeasures against this.