Identify the size or flow of funds in the coin marketHello?
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In order to find out the size or flow of funds in the coin market, I think you should pay attention to the movement of the four charts below.
Check the size of your funds: USDT, USDC
Check the flow of funds: BTC.D, USDT.D
It is best to view all four charts together if possible because you can find out the size or flow of funds from limited information.
If it is difficult to see all four charts, it is recommended to view at least the USDT.D chart, which shows the flow of funds best.
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(USDT chart)
(USDC chart)
It is important to check the USDT and USDC charts to find out the flow of funds in the current coin market.
USDT is a stablecoin backed by exchanges around the world.
Therefore, it is indispensable for most coin (token) transactions.
Therefore, the fact that USDT maintains an upward trend can be interpreted as meaning that funds are continuously flowing into the coin market.
However, the size of the candlestick is not very important because it is thought that new funds will flow in only when a gap occurs and rises on the USDT and USDC charts.
Although USDC maintains a high market cap, it is one of the stablecoins with little support for trading pairs on exchanges around the world.
However, since the market capitalization is maintained at a high level, it is less than USDT, but I think it exerts some influence on the coin market.
In particular, since USDC is likely to be composed of US investment capital, it is understood that it is being used as a fund warehouse by institutional investors.
Therefore, it is highly likely that USDC funds will be moved according to stock market fluctuations.
In that sense, if you look at the flow of the current USDC chart, you can see that a lot of money is flowing out of the coin market.
I think it is a disprove that funds are moving from the coin market to the stock market.
So, if the stock market shows a clear uptrend, the USDC chart is predicting a trend reversal.
Therefore, USDC's downtrend has the potential to limit or plunge the coin market's uptrend caused by USDT's uptrend.
We expect this move to act as an opportunity to increase new buying.
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(BTC.D chart)
(USDT.D chart)
It is recommended to look at the BTC.D chart and the USDT.D chart together, but if it is difficult, it is better to look at the USDT.D chart alone.
However, since the BTC.D and USDT.D charts show the overall flow of funds in the coin market, it is not possible to know the flow of funds for individual coins (tokens).
To see the individual money flow of a coin (token), it is recommended to look at the BTC market chart of the coin (token).
Since BTC is used as the key currency of the coin market, I think the BTC market chart best reflects the price fluctuations of coins (tokens) according to BTC price fluctuations.
However, coins (tokens) with too low market capitalization are the same regardless of whether they are on the same BTC market chart or USDT market chart.
Coming back to the BTC.D and USDT.D charts,
Since BTC is the number one market capitalization in the coin market, I think most of the fund size or flow in the coin market is related to BTC price fluctuations.
in that sense
The BTC.D chart and the BTC dominance chart are charts that allow you to see whether funds are concentrated toward BTC or altcoins.
Therefore, rising BTC dominance can be interpreted as meaning that funds are concentrated towards BTC.
Just because funds are concentrated towards BTC does not mean that the BTC price will rise.
If you don't understand this point, you should be careful because you can interpret it in the wrong direction.
When funds are concentrated towards BTC, if USDT dominance rises, the coin market is likely to show a downward trend.
The reason is that USDT is a stablecoin that supports trading on exchanges around the world.
This is because the increase in USDT dominance means that USDT is increasing through trading, which means that selling in the coin market is increasing.
Therefore, as a condition for trading altcoins, you must show a drop in BTC dominance and a drop in USDT dominance.
If not, it is because most altcoins are unlikely to make significant gains.
BTC dominance is expected to continue to rise.
The reason is that there is a BTC halving next year.
This is because as the BTC halving approaches, a lot of people will flock to the coin market.
And, if the BTC price starts to rise in earnest, funds will inevitably be concentrated towards BTC for the time being.
If you don't buy it now, it's because you will buy BTC with the thought that you can't.
This will cause altcoins to gradually lose their strength and move sideways or decline, despite the upward trend in BTC price.
I think this trend is likely to continue until the BTC price nears 43K.
As USDT dominance falls below the uptrend line (1), it becomes important whether it can touch around 6.21.
The important divergence of USDT dominance is in the 4.97-5.53 range, and if it falls below this range, the coin market is expected to start such an uptrend in which any coin (token) can be bought and profit will be made.
Before that, the question is whether it can fall below the 5.89-6.21 range.
I think the coin market must fall below the 5.89-6.21 range to go to a big bull market.
So, the next period of volatility on the USDT.D chart is around April 22nd.
After this period of volatility, we need to see if it stays below the downtrend line (2).
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I think that the coin market is open to many things that are different from the stock market.
In particular, I think it is attractive to be able to know the size and flow of funds.
Therefore, it is important to first check the four charts mentioned above rather than relying on all kinds of information to predict the prospects and trends of the investment market, that is, the coin market.
After that, I think checking the information going around reduces the possibility of making a wrong decision.
When CDBC becomes active, there is a possibility that the influence of existing stablecoins will be weakened.
The reason for this is that it is highly likely that direct transactions will be possible with CDBC, i.e. fiat currency.
In that case, the size or flow of funds in the coin market may not be known with the above four.
Then, an investment environment like the existing stock market will be created, and more individual investors than now will suffer losses.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** 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.
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Btcdominance
What does it really mean to check the way you turn?Hello?
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** Analysis of the BTC chart publishes new ideas once a week.
** However, we publish new ideas when volatility occurs or when we show signs of diverging from our expectations.
** Excluding the above situation, BTC analysis is listed as a daily update.
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The reason why I explain the USDT, USDC, BTC.D, USDT.D chart first is that it is judged that the price change of coins (tokens) can be predicted to some extent if the overall money flow of the coin market is known.
(USDT chart)
(USDC chart)
(BTC.D 1W chart)
(USDT.D 1D chart)
The USDT chart is in an uptrend and the USDC chart is in a downtrend.
The USDT chart can be said to be a channel of money for people around the world, that is, those who trade and do in the coin market, including individual investors.
The USDC chart is a channel for institutional investors, i.e. US funds.
Therefore, it can also be interpreted that FOMO may be in progress.
However, if funds continue to flow through USDT, the coin market will maintain an upward trend.
It seems that funds are continuously flowing into the coin market through USDT.
Therefore, the coin market is likely to remain in an uptrend.
However, since USDC is maintaining a downward trend, there is a possibility that the coin market's upward trend may be limited or a sharp decline may occur.
Any such restrictions or plunges are expected to serve to increase new buying.
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(BTCUSDT chart)
(1W chart)
I need to check if I can ascend along the ascending channel while sideways on the 26574.53-32259.90 section.
You need to make sure that the HA-High indicator is showing signs of being newly created.
If the HA-High indicator is about to be created, it is important whether it is supported near that point.
Around 26574.53, the M-Signal indicator on the 1M chart is passing.
Therefore, holding the price above 26574.53 means that the long-term trend is maintained.
(1D chart)
The M-Signal indicator of the 1M chart and the M-Signal indicator of the 1W chart are reversed.
Therefore, if it moves sideways or maintains an uptrend in the current section, it is expected to turn into regular alignment.
It does not necessarily mean that it will rise if it is converted to Jeongbae-ro, but it can be seen that the purchase has been made to that extent.
Therefore, it is important in trading to check whether there is support or resistance at which point and in which section.
Therefore, the question is whether the price can be maintained above 26574.53 (up to 26013.28).
The 28465.36-28923.63 section is a volume profile section formed on the 1M chart.
Therefore, if the price rises above this range and maintains the price, the possibility of continuing the upward trend is expected to increase.
If it falls below 26574.53 (up to 26013.28) and appears to be resisting, it is expected to fall around 23141.57, so a countermeasure is needed.
29K or less falls under the long-term perspective.
Therefore, I believe that you can earn great profits from a long-term perspective no matter where you buy at any point or in any section.
However, since it fell after rising above 29K, it is recommended to check the turn before proceeding with the purchase.
What does it really mean to check the way you turn?
Checking the turn is to see the trend change from the standard you set.
My criteria are the MS-Signal, HA-Low, and HA-High indicators displayed on the chart.
All other lines correspond to the support and resistance needed to trade.
Therefore, I think that one of the ways to check the turn is to see if the price is maintaining above the M-Signal and MS-Signal indicators on the 1M and 1W charts.
If you see these trend reversals, you will have a basis for creating a trading strategy.
Then, you can create a detailed trading strategy based on whether you are supported or resisted by the HA-Low and HA-High indicators.
The point where the current price is located is between the M-Signal and MS-Signal indicators on the 1M and 1W charts.
And, it is located between the HA-Low and HA-High indicators.
Thus, we can see that the section where the current price is located is located in the sideways section.
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(BTCKRW chart)
The key is whether it can be supported around 35539000 and rise above 40674000-43761000.
The next volatility period is around May 15th.
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- big picture
A full-fledged uptrend is expected to start when it rises above 29K.
This is the 81K-95K range that we expect to touch in the next bull market.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** 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.
---------------------------------
Significance of Uptrend Line (1)Hello?
Traders, welcome.
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Please also click "Boost".
Have a good day.
** Analysis of the BTC chart publishes new ideas once a week.
** However, we publish new ideas when volatility occurs or when we show signs of diverging from our expectations.
** Excluding the above situation, BTC analysis is listed as a daily update.
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The reason why I explain the USDT, USDC, BTC.D, USDT.D chart first is that it is judged that the price change of coins (tokens) can be predicted to some extent if the overall money flow of the coin market is known.
(USDT chart)
(USDC chart)
(BTC.D chart)
(USDT.D chart)
USDT and USDC are still moving in opposite directions.
You have to look at the market thinking that BTC dominance will rise.
An increase in BTC dominance means that funds will be concentrated towards BTC.
So, regardless of whether BTC price rises or falls, altcoins will gradually move sideways or decline.
The volatility period on the USDT dominance chart is April 21-23.
Accordingly, it is necessary to check whether it can fall below the 6.85-7.28 section.
Otherwise, if it rises above 7.86-8.25, the coin market will fall further.
In particular, if USDT dominance also rises along with BTC dominance, altcoins are expected to record a larger decline than BTC.
Funds continue to flow into the coin market via USDT.
It is unknown when this inflow of funds will be utilized, but if it is utilized, I think the coin market will show sideways or rise.
In fact, the big question is whether I can endure until this transition occurs.
I think it depends on whether you can overcome the psychological anxiety and pressure caused by price volatility, whether you will finish the transaction with a profit or a loss.
Therefore, it is always necessary to trade to make one's psychological state stable.
In order to make your psychological state stable, you need to proceed with split trading.
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(BTCUSDTPERP chart)
As a volume profile section is formed at the 28454.9 point on the 1M chart, the price cannot be maintained above 28454.9-28951.7 and is showing a decline.
However, since the price is located above the MS-Signal indicator on the 1M chart, it can be interpreted that it is still maintaining an upward trend from a long-term perspective.
However, since the HA-High indicator on the 1M chart is located at 43993.4, we expect that there will be a movement that will rise above the HA-High indicator or cause the HA-High indicator to fall.
In that sense, it is becoming important to keep the price above the M-Signal indicator on the 1M chart located around 25882.9.
The components of the MS-Signal indicator are M-Signal and S-Signal.
It can be difficult to understand as the names MS-Signal, M-Signal, and S-Signal are used interchangeably, but ultimately all three mean the same thing.
For example, to find out how the 1W or 1M chart's MS-Signal indicator is passing on the 1D chart, the M-Signal, which has an important meaning in the composition of the MS-Signal indicator, can be displayed on the 1D chart.
Therefore, when referring to M-Signal, be sure to indicate which time frame chart M-Signal is referring to to prevent confusion for others.
The method of displaying the volume profile point is indicated by a formula using the OBV indicator.
(1D chart)
Since it is above the uptrend line (1) that started near section A, it should be interpreted that it is still in an uptrend.
Since the M-Signal indicator of the 1M, 1W chart is passing below the upward trend line (1), that is, around 25882.9, it is necessary to check whether a sudden movement occurs when it falls below this area.
If this rapid move quickly rises above the uptrend line (1), i.e. above 26907.0 and shows support, you can proceed with an aggressive buy.
The resistance area of this aggressive buying is the 28454.9-28951.7 area, which corresponds to the volume profile.
The HA-Low indicator on the 1D chart is currently located at 21558.1.
We need to see if this pullback will push the HA-Low indicator higher, giving it the look it's about to create.
If the HA-Low indicator shows an uptrend and is about to be created, a full-fledged purchase is possible when there is support near that point.
However, since it is a purchase on the 1D chart, it is necessary to proceed with the purchase according to the short-term perspective.
I said that below BTC 29K is a long-term buy range.
This is valid.
However, since it rose above 29K and then fell, it is recommended to proceed with buying when the turn is confirmed.
It is difficult to misunderstand this part and think that since it fell below 29K, you should buy it when there is a big drop.
You must check the turn and proceed with the purchase.
Since funds are continuously flowing through USDT, it can be seen as FOMO in a way.
However, if funds continue to flow in, eventually the coin market is likely to show an upward trend, so you should focus on finding the right time to buy.
However, it is essential to adjust the weighting as there is a possibility of limiting the rise of the coin market or causing a sharp decline due to the continuous decline of USDC.
(1h chart)
The explanation of the 1h chart is about trading in a short period of time that corresponds to scalping and same-day trading among the above.
In this story, whether BTC goes up or down is not the focus.
Therefore, you should not view and interpret this content with a mid- to long-term perspective.
'S2', 'SHORT' position entered near 28951.7-29242.2 closes at 26907.0.
If you touch the M-Signal indicator on the 1M, 1W chart, I will tell you about a new full-fledged position trading strategy.
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(BTCKRW chart)
The key is whether it can be supported around 35539000 and rise above 37585000.
Since the M-Signal indicator of the 1M, 1W chart is passing in section A, if it falls below 35539000, it is important to touch section A and rise.
The next volatility period is around May 15th.
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- big picture
A full-fledged uptrend is expected to start when it rises above 29K.
This is the 81K-95K range that we expect to touch in the next bull market.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** 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.
---------------------------------
To be supported is...Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
** Analysis of the BTC chart publishes new ideas once a week.
** However, we publish new ideas when volatility occurs or when we show signs of diverging from our expectations.
** Excluding the above situation, BTC analysis is listed as a daily update.
-------------------------------------
The reason why I explain the USDT, USDC, BTC.D, USDT.D chart first is that it is judged that the price change of coins (tokens) can be predicted to some extent if the overall money flow of the coin market is known.
(USDT chart)
(USDC chart)
(BTC.D chart)
(USDT.D chart)
It seems that funds are continuously flowing into the coin market through USDT.
Therefore, the coin market is likely to remain in an uptrend.
However, since USDC is maintaining a downward trend, there is a possibility that the coin market's upward trend may be limited or a sharp decline may occur.
Any such restrictions or plunges are expected to serve to increase new buying.
BTC dominance touches around 48.80 and is declining.
The next period of volatility is around April 27th and we need to see if it touches around 46.76 and rises along the uptrend line.
The decline in BTC dominance can be interpreted as money being concentrated towards altcoins.
At this time, it is important to check whether BTC is supported or resisted at support and resistance points.
If USDT dominance declines, the coin market as a whole is likely to show an uptrend.
Whether it is an uptrend led by BTC or an altcoin can be known only by checking the movement of BTC dominance together.
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(BTCUSDT chart)
(1W chart)
Support and resistance points are forming at 30304.65.
So, the key is whether it can get support around 30304.65 and rise above 32259.90.
If not, you should check for support around 26574.53.
(1D chart)
On the current chart, the volatility period is only around April 23rd.
Therefore, the period of volatility beyond April 23rd is not yet available.
Since the HA-High indicator on the 1D chart created at the 30184.24 point, it would be good to see support around 30184.24 until at least April 21st.
Support on the HA-High indicator means that it is likely to renew the recent highs, so a rise around 32259.90 is expected.
If it does not and is resisted, there is a possibility that it will basically fall to the vicinity of the HA-Low indicator, so you need to think about countermeasures against this.
As I said in the Market Cap chart analysis, since funds are continuously flowing into the coin market, we need to look at the chart from the perspective that it will maintain an upward trend.
However, if the price is holding above the MS-Signal indicator, you should try to find a time to split and sell.
Conversely, when it falls below the MS-Signal indicator, you should try to find a time to split and buy.
Even if the price is located above the MS-Signal indicator, when it shows support near the HA-Low, HA-High indicators or near important support and resistance points, you should think about whether you can make a profit by proceeding with aggressive buying.
It is better not to make such aggressive purchases unless you are comfortable with day trading.
This is because the psychological burden that begins as you proceed with the purchase can lead to trading in the wrong direction, turning what was in profit into a loss.
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(BTCKRW chart)
The key is whether it can be supported around 39579000 and rise above 40674000.
If not, you should check for support around 37585000.
Since the 39579000 point is the point of the HA-High indicator on the 1D chart, it can be said that being supported at this point is likely to renew the previous high.
However, if resisted, it is basically possible to fall to the vicinity of the HA-Low indicator on the 1D chart, so you need to think about countermeasures against this.
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- big picture
A full-fledged uptrend is expected to start when it rises above 29K.
This is the 81K-95K range that we expect to touch in the next bull market.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** 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.
---------------------------------
Whether it can rise above 30181.8 is importantHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
** Analysis of the BTC chart publishes new ideas once a week.
** However, we publish new ideas when volatility occurs or when we show signs of diverging from our expectations.
** Excluding the above situation, BTC analysis is listed as a daily update.
-------------------------------------
The reason why I explain the USDT, USDC, BTC.D, USDT.D chart first is that it is judged that the price change of coins (tokens) can be predicted to some extent if the overall money flow of the coin market is known.
(USDT chart)
(USDC chart)
(BTC.D chart)
(USDT.D chart)
USDT is still in an uptrend and USDC is in a downtrend.
Accordingly, the coin market is likely to continue its upward trend.
However, due to the continued decline of USDC, there is a possibility that the range of increase may be limited or a sharp decline may occur.
This move is expected to create a market that could attract new buyers.
You have to look at the market thinking that BTC dominance will rise.
So, regardless of whether BTC price rises or falls, altcoins will gradually move sideways or decline.
A drop in USDT dominance is likely to lead to a rise in the coin market.
It is necessary to check if it can fall below 6.21 along the downtrend line (2) around April 22 (April 21-23), which is the volatility period of the USDT dominance chart.
Otherwise, if it rises above the upward trend line (1) or above 6.85, it is judged that there is a possibility of a sharp decline in the coin market.
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(BTCUSDTPERP chart)
(1W chart)
It is good to publish the contents of the trend line and the volatility period display separately as an idea, but I added it to the BTC analysis with the intention of providing more informative information to those who consistently see my ideas.
The trend line is created by connecting the vicinity of the vertices of the StochRSI indicator in the 'Strength' indicator, which is an indicator.
However, it is only drawn on 1M and 1W charts.
If you draw as above on a 1D chart, you can display a trend that can be used by those who trade day trading.
To take advantage of this, you can check it on the time frame chart you are trading, that is, the 4h, 1h, 30m, and 15m charts.
So, unless you are doing day trading, you don't need to draw a trend line on a 1D chart.
The settings for StochRSI are 14, 7, 3, 3 (RSI, Stoch, K, D).
You can connect the low points of the points corresponding to the vertices of the low points of the StochRSI indicator.
However, the openings of the falling candlesticks near the peaks are drawn by connecting them.
You can refer to the circled candlestick and the StochRSI indicator.
If possible, the peaks of the highs connect to points with a StochRSI value of 50 or greater, and the vertices of the lows connect to points with StochRSI values of 50 or less.
Then, the intersection point of the horizontal line formed by the indicator drawing the support and resistance points included in the HA-MS indicator is designated as volatility.
However, when defining the volatility period, priority is given in the order of 1M > 1W > 1D chart.
In order to make the indicators that others create your own, you must invest a lot of time and observe them.
If you use it right away without such a process, you need to be careful because it can lead to wrong transactions.
(1D chart)
The HA-High indicator on the 1D chart was created at 30181.8 and fell below that point.
Therefore, it is important to be supported near the MS-Signal indicator and to be able to rise above 30181.8.
If it falls below 28951.7, there is a possibility of a decline around 26907.0-27656.1, so you need to think about how to deal with it.
Since a volume profile section is being formed around 28454.9 on the 1M chart, there is a possibility that it will touch around 28454.9 and rise.
If this time it rises above 30181.8 and holds the price, it is expected to rise above 32275.6.
If it rises above 28951.7 and then falls below 28951.7, it is good to see how it turns.
Because the 28951.7 point is the stop loss point for the 32275.6-37243.4 section.
(1h chart)
The explanation of the 1h chart is about trading in a short period of time that corresponds to scalping and same-day trading among the above.
In this story, whether BTC goes up or down is not the focus.
Therefore, you should not view and interpret this content with a mid- to long-term perspective.
By touching 5EMA on the 1D chart, the position entry section that requires quick response has been changed.
- 'LONG' position that requires quick response
1. Entry: 30000.5-30181.8
2. 1st: around 30971.3
3. Close of trade: around 32275.6
- 'SHORT' position that requires quick response
1. Entry: 28951.7-29242.2
2. 1st: Around 28454.9
3. Secondary: around 27656.1
4. Trade close: around 26907.0
The previous full position entry is still valid.
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(BTCKRW chart)
The HA-High indicator on the 1D chart was created at 39579000 and fell.
Therefore, it is necessary to check the flow for at least 1-3 days.
If it drops below 37585000 during the flow check, it could touch around 35539000, so you need to think about countermeasures against it.
If price continues to rise above 39579000, I would expect a rise around 43791000.
------------------------------
- big picture
A full-fledged uptrend is expected to start when it rises above 29K.
This is the 81K-95K range that we expect to touch in the next bull market.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** 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.
---------------------------------
BTC D Simple Analysis - Altseason StartBasically, bitcoin's dominance was rejected at a historic high, this could perfectly mean the beginning of another altseason, the ideal was from now on for bitcoin to remain at the same levels or rise while its dominance goes down, I fully believe that dominance may reach 40-41% again, and that many altcoins will rise in the coming weeks.
Matic Finally impulse to the ATH? Hello! Based on the chart, it appears that the 0.618 level has held as a strong support. Furthermore, there has been a decrease in BTC dominance, suggesting the possibility of a breakout from the local trendline with an impulse towards the next Fibonacci level or even the all-time high (ATH).
Market Update | Bitcoin, Alts and Bitcoin DominanceHello traders,
- there is something interesting happened !!
- It's the first time since almost one year, Bitcoin was able to close the first weekly candle above 30k level !!
- Bitcoin dominance is going down as expected before and we are already started a mini alt season.
- TOTAL2 is very close to a good resistance between 670B and 680B and we may see a healthy correction from there.
- this retracement will give us a chance to fill our bags in lower prices before another up rally.
- in the current market situation, Holding long positions and taking advantage of local pullbacks can be effective strategies, but we must also prepare for the possibility of FUD (fear, uncertainty, and doubt) causing market drops.
- it's important to keep in mind that the crypto market may experience significant drops at any given time.
- While these drops can provide opportunities to make money, it's crucial to approach them with caution.
- To mitigate risks, it's important to use appropriate stops, practice proper risk and money management, and take profits as soon as the price reaches your target. While some may choose to play more aggressively during volatile times, it's essential to be prepared for any risks that may arise.
- As always, I encourage everyone to approach the market with care and to be mindful of the potential risks involved. Let's do our best to protect our investments and manage our risks effectively.
Really thanks !!
leaving like and comment is appreciated !!
Market Update | Bitcoin, Alts and Bitcoin Dominance Hello traders,
- there is something interesting happened !!
- It's the first time since almost one year, Bitcoin was able to close the first weekly candle above 30k level !!
- Bitcoin dominance is going down as expected before and we are already started a mini alt season.
- TOTAL2 is very close to a good resistance between 670B and 680B and we may see a healthy correction from there.
- this retracement will give us a chance to fill our bags in lower prices before another up rally.
- in the current market situation, Holding long positions and taking advantage of local pullbacks can be effective strategies, but we must also prepare for the possibility of FUD (fear, uncertainty, and doubt) causing market drops.
- it's important to keep in mind that the crypto market may experience significant drops at any given time.
- While these drops can provide opportunities to make money, it's crucial to approach them with caution.
- To mitigate risks, it's important to use appropriate stops, practice proper risk and money management, and take profits as soon as the price reaches your target. While some may choose to play more aggressively during volatile times, it's essential to be prepared for any risks that may arise.
- As always, I encourage everyone to approach the market with care and to be mindful of the potential risks involved. Let's do our best to protect our investments and manage our risks effectively.
Really thanks !!
leaving like and comment is appreciated !!
Check whether the HA-High indicator of the 1D chart is createdHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
** Analysis of the BTC chart publishes new ideas once a week.
** However, we publish new ideas when volatility occurs or when we show signs of diverging from our expectations.
** Excluding the above situation, BTC analysis is listed as a daily update.
-------------------------------------
The reason why I explain the USDT, USDC, BTC.D, USDT.D chart first is that it is judged that the price change of coins (tokens) can be predicted to some extent if the overall money flow of the coin market is known.
(USDT chart)
(USDC chart)
(BTC.D 1W chart)
(USDT.D 1D chart)
It seems that funds are continuously flowing into the coin market through USDT.
Therefore, the coin market is likely to remain on the uptrend.
However, since USDC is maintaining a downward trend, there is a possibility that the coin market's upward trend may be limited or a sharp decline may occur.
Any such restrictions or plunges are expected to serve to increase new buying.
BTC dominance touches around 48.80 and is declining.
The next period of volatility is around April 27th and we need to see if it touches around 46.76 and rises along the uptrend line.
The decline in BTC dominance can be interpreted as money being concentrated towards altcoins.
At this time, it is important to check whether BTC is supported or resisted at support and resistance points.
If USDT dominance declines, the coin market as a whole is likely to show an uptrend.
Whether it is an uptrend led by BTC or an altcoin can be known only by checking the movement of BTC dominance together.
---------------------------------------
(BTCUSDT chart)
The volatility periods shown on the chart are formed by support and resistance points and the intersections of the trend lines.
Support and resistance points are formed by the indicators supported on this chart, and trend lines are formed by the StochRSI indicator.
For example, the volatility period around April 23 shown on the 1D chart marks the intersection of the support and resistance points on the 1W chart at 26574.53 and the uptrend line drawn on the 1W chart (1).
Most of the time when we talk about volatility, we often refer to volatility as the day when an issue such as a big issue or an announcement of an economic indicator occurred.
However, I don't think it's a good idea to set a volatility period for such an issue, because charts sometimes move before or after that.
Because charts reflect the psychology of investors, they sometimes move faster than expected and fluctuate more than expected.
(1W chart)
The key is whether it can rise above 32259.90 and be supported.
If it fails to rise above 32259.90, it should check for support around 26574.53.
Since the slope of the StochRSI indicator in the 'Strength' indicator has changed, we need to see if it turns from an uptrend to a downtrend following this week's price movements.
(1D chart)
As the price fluctuated, the HA-High indicator on the 1D chart seemed to be created at the 29916.79 point, but now it appears to be formed at the 27662.82 point.
Therefore, when BTC falls to or below 30105.25, if the HA-High indicator on the 1D chart is newly created, it is important to check whether it is supported near the point where it was created.
Being supported by the HA-High indicator means that it is highly likely to renew the recent high.
Therefore, if the HA-High indicator is newly created and supported by this decline, it means that it is time to buy in the short term.
However, if the HA-High indicator falls without being supported, there is a possibility of a sharp decline, so it is very important to check whether it is supported or resisted.
If it rises above the 32259.90-37253.81 section, it is expected to show a full-fledged upward trend.
Therefore, the 32259.90-37253.81 area is a very important support and resistance area.
The stop loss for this segment is between 28465.36 and 28923.63.
Therefore, if the HA-High indicator on the 1D chart is newly created and it is confirmed that it is supported at that point, it is possible to buy in the short term, but the first selling section is 32259.90-37253.81.
It is recommended to check whether to sell based on whether it can rise above the 34197.22-35045.0 section, which can be said to be the middle section of the 32259.90-37253.81 section.
If it rises and shows support, then I think it is possible to buy to earn profits from a full-fledged uptrend.
At this time, do not forget the stop loss point mentioned above.
------------------------------------------
(BTCKRW chart)
The HA-High indicator on the 1D chart is about to be created at the 35979000 point.
If the HA-High indicator is created at 35979000, the key is whether it can be supported and rise around 35979000.
If it declines around 35979000, you should check for support around 37585000.
------------------------------
- big picture
A full-fledged uptrend is expected to start when it rises above 29K.
This is the 81K-95K range that we expect to touch in the next bull market.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** 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.
---------------------------------
Rise to critical stop-loss zoneHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
** Analysis of the BTC chart publishes new ideas once a week.
** However, we publish new ideas when volatility occurs or when we show signs of diverging from our expectations.
** Excluding the above situation, BTC analysis is listed as a daily update.
-------------------------------------
The reason why I explain the USDT, USDC, BTC.D, USDT.D chart first is that it is judged that the price change of coins (tokens) can be predicted to some extent if the overall money flow of the coin market is known.
(USDT chart)
(USDC chart)
(BTC.D chart)
(USDT.D chart)
USDT chart has changed.
It is showing a completely different picture from USDT's previous chart (), but it seems to be maintaining an uptrend.
USDC has been showing signs of stopping its decline and moving sideways since around April 3rd.
As a result, BTC rose above 29K.
You have to look at the market thinking that BTC dominance will rise.
An increase in BTC dominance means that funds will be concentrated towards BTC.
Therefore, regardless of whether BTC price rises or falls, altcoins will gradually move sideways or decline.
On the USDT dominance chart, you need to see if it can fall below the downtrend line (2) and uptrend line (1).
If not, USDT dominance is expected to show an uptrend.
Therefore, we need to keep a close eye on movements that deviate from the 6.85-7.27 range.
On the USDT dominance chart, we need to see if we can find resistance by falling below the uptrend line (1) around April 12 (April 11-13).
---------------------------------------
(BTCUSDTPERP chart)
(1D chart)
It broke above the 28454.9 point, the volume profiel point being created on the 1M chart.
Accordingly, the key is whether it can be supported in the 28951.7-30000.5 section and rise above 32275.6.
If it rises around 32275.6 and then falls below 28951.7, the stop loss at 28951.7 will be.
We must not forget this.
The 32275.6-37243.4 section is an important support and resistance zone where the full-scale uptrend begins.
Therefore, a rise above the 32275.6-37243.4 range means that the uptrend for next year's BTC halving has begun.
However, since it can be seen that a full-fledged uptrend has begun when it rises above the point of the HA-High indicator on the 1M chart, I think it is highly likely that the HA-High indicator will fall.
Therefore, it is necessary to think that an up and down swinging section will be formed and to think about countermeasures.
(1h chart)
The explanation of the 1h chart is about trading in a short period of time that corresponds to scalping and same-day trading among the above.
In this story, whether BTC goes up or down is not the focus.
Therefore, you should not view and interpret this content with a mid- to long-term perspective.
As it rose above 28951.7, the entry into the 'LONG' position began in earnest. (black text)
In addition, as it rose above 28454.9, the 'LONG' position, which required a quick response, began entering. (red text)
Therefore, no matter which trading method you trade, the important point when trading with a 'LONG' position is around 32275.6.
If it fails to rise and falls and touches 5EMA on the 1D chart, it is better to sell some or close the trade and watch the situation.
-------------------------------------------
(BTCKRW chart)
You need to keep the price above 37585000 and see if it can rise above 40674000-43761000.
The next volatility period is around April 17th.
------------------------------
- big picture
A full-fledged uptrend is expected to start when it rises above 29K.
This is the 81K-95K range that we expect to touch in the next bull market.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** 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.
---------------------------------
Mini Altseason2023 has started)). Hi dear community and my loyal followers.
Are you waiting for your altcoins to burst and explode?
Do you want to know when mini altseason2023 starts?
Let me update some ideas. As you see BTCD reached to the key weekly resistance zone 48.5-49% and rejected strongly with potential weekly shooting start or bearish pinbar.
At the same time daily BTCD broke down rising wedge with bearish divergence and more likely will retest 44-45K support zone giving room altcoins to explode after long term accumulation phase.
At the same time Total 2 broke weekly descending triangle, retested it successfully, and broke also main diagonal and horizontal resistance.
Weekly candle close above 620 billion is super bullish for altcoins with target 1 and target 2 mentioned on the charts. But Target 2 will be reached only if price clears target 1 and holds it as a support.
If you like my ideas and analyses, don't forget to like and follow. I will appreciate a lot.
It doesn't go away that easily.First monthly green bar on SQZMOM since oct. 2020.
I'm not looking forward to the alt-season.
There is a transfer of expensive coins into impatient hands.
Don't follow my ideas don't believe me if I disrupt your plans.
Trust yourself at all times.
Be anarcho-individualists, and despise pack.
Do you think I'm wrong?
Do it your own way.
Responsibility for decisions must be respected.
I do, even if I don't agree with you.
The volume profile section being created on the 1M chartHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
** Analysis of the BTC chart publishes new ideas once a week.
** However, we publish new ideas when volatility occurs or when we show signs of diverging from our expectations.
** Excluding the above situation, BTC analysis is listed as a daily update.
-------------------------------------
The reason why I explain the USDT, USDC, BTC.D, USDT.D chart first is that it is judged that the price change of coins (tokens) can be predicted to some extent if the overall money flow of the coin market is known.
(USDT chart)
(USDC chart)
(BTC.D 1W chart)
(USDT.D 1D chart)
It is showing sideways after USDT volatility.
USDC has been showing signs of stopping its decline and moving sideways since around April 3rd.
If USDT maintains its upward trend, the coin market is expected to continue its upward trend.
However, I think that the increase can be increased only when USDC turns into an upward trend.
If you look at the USDT chart, you can see that it will rise to around the previous high.
Therefore, it can be said that the coin market's funds are almost recovered.
However, due to the decline of USDC, I don't think the coin market has entered a full-fledged uptrend yet.
You have to look at the market thinking that BTC dominance will rise.
An increase in BTC dominance means that funds will be concentrated towards BTC.
Therefore, regardless of whether BTC price rises or falls, altcoins will gradually move sideways or decline.
On the USDT dominance chart, you need to see if it can fall below the downtrend line (2) and uptrend line (1).
If not, USDT dominance is expected to show an uptrend.
Therefore, we need to keep a close eye on movements that deviate from the 6.85-7.27 range.
---------------------------------------
(BTCUSDT chart)
(1W chart)
If the price holds around 26574.53, I would expect a move above 32259.90.
However, as the HA-High indicator rises, the possibility of being created is increasing.
Therefore, if the HA-High indicator moves and is created, it is necessary to check whether it is supported or resisted near that point.
Looking at the 1M chart, a volume profile is formed around 28923.63.
As it rises around 28923.63 this time, a volume profile section is being formed again at the 28465.36 point.
So, the question is whether the price can sustain it by rising above 28465.36-28923.63.
(1D chart)
The volume profile section mentioned in the description of the 1W chart is displayed on the chart.
We need to check if we can break through the volume profile section that is being created over the 28465.36-28923.63 section.
The remaining volatility period is until April 11th.
It can be seen that the current trading volume of this chart, the BTCUSDT chart, has sharply decreased.
Therefore, if this sideways sideways is prolonged, it is expected that fear will build up in the market.
The MS-Signal indicator is rising to around 27662.82.
So, if it fails to rise above 28465.36-28923.63 and sees frequent dips around 27662.82, I would expect a decline around 26574.53.
(BTCUSD chart)
Binance charts are showing sharp volume declines, so let's take a look at TradingView's index charts to see the overall volume distribution.
It can be seen that the trading volume is gradually decreasing.
So, it will be a matter of whether there is a move out of the 26565.12-29234.0 zone during this sideways period.
------------------------------------------
(BTCKRW chart)
The question is whether the price can sustain its rise above 37585000.
If not, you need to check if the price stays around 36412000.
if it goes down,
1st: 35539000
2nd : 31024000-32042000
You need to make sure that it is supported in the vicinity of the 1st and 2nd above.
------------------------------
- big picture
A full-fledged uptrend is expected to start when it rises above 29K.
This is the 81K-95K range that we expect to touch in the next bull market.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** 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.
---------------------------------
BTC Dominance, Get ready for Altcoin party 🥳🎉. BTC.DHello guys, Consider Bitcoin market cap to help identify market movement and the Altcoin season. To altcoin party we need money flow from bitcoin to other coins which we can see this on the chart now. So we have to wait for it to break 47% and complate the reversal pattern, and on the condition that the price of Bitcoin does not fall too much and stuck in trading range.
Good luck.
If its useful please like it as a support and follow me for next analysis :)
.
Salam doostan aziz, chart arzesh bazar bitcoin hast ke be zire moghavemat khod reside. in chart ro baraye tashkhise harkat bazar va alt season dar nazar begirid. baraye altcoin party ma niyaz darim ke pool az bitcoin be coin haaye diger montaghel shavad ke hala in ro daram rooye chart mibinim, pas bayad sabr konim baraye shekaste shodan 47% va kamel shodan olgo bargashti, va hamchenin be sharte inke gheymat bitcoin ham rizeshe ziyaadi nadashte bashad va renj shavad.
moafagh bashid.
like va follow faramoosh nashe :)
Mini ''ALTs Season'' Possible ?Most significant 'Pumps' has 2 pre-requisites:
Bitcoin and it's Dominance both rose in the previous period, whereas Alts were rising slower than Btc Dominance.
From left to right you can see the history starting September 202 with Dominance rising at 49 degrees and ALTs rising at 14 degrees (yellow letters and trend angle lines).
In the period after that and after BTC Dominance hit resistance, ALTs explode at 59 degrees (pink letters and trend angle lines).
What we have today is:
1. BTC Dominance at Resistance
2. Bitcoin Dominance coming with a rise of 30 degrees whereas ALTs at only 16 degrees
The 2 together show probabilities for an increased pace in the rise of ALTs. My projection is both optimistic and 'brave, and it shows a possible increase at 49 degrees from now till end of summer (could it be possible that ALTs see a 900 billion cap? not impossible according to the chart!) or a milder pace at 35 degrees to 463 Billion (the most likely scenario).
ALL RHESE GIVEN THAT BTC DOMINANCE FAILS TO BREAK HIGHER!
One Love,
The FXPROFESSOR
BTC.D MOMENT In analyzing the market dynamics, the value of BTCUSD plays a significant role. Nonetheless, in addition to BTCUSD, I am keeping a close eye on the BTC dominance percentage, which measures the dominance of Bitcoin in the cryptocurrency market relative to other cryptocurrencies like Ethereum (ETH).
If the BTC dominance percentage breaks out, it means that Bitcoin is gaining dominance in the market, and it would be advisable to hold Bitcoin instead of ETH (altcoins). On the other hand, if the BTC dominance percentage reverses down, it suggests that the dominance of Bitcoin is decreasing, and holding ETH (with altcoins) would be a better investment choice. Therefore, by monitoring the BTC dominance percentage, I can determine whether it is favorable to invest in Bitcoin or Ethereum and altcoins.
Current BTC.D percentage: 49%
BTC.D breakout target: 67%
BTC.D breakdown target: 41%
Pay attention to the future impact of USDT volatilityHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
** Analysis of the BTC chart publishes new ideas once a week.
** However, we publish new ideas when volatility occurs or when we show signs of diverging from our expectations.
** Excluding the above situation, BTC analysis is listed as a daily update.
-------------------------------------
The reason why I explain the USDT, USDC, BTC.D, USDT.D chart first is that it is judged that the price change of coins (tokens) can be predicted to some extent if the overall money flow of the coin market is known.
(USDT chart)
(USDC chart)
(BTC.D chart)
(USDT.D chart)
The Market Cap charts (USDT, USDC, BTC.D, USDT.D) introduced above are charts that give you a rough idea of the flow of funds in the coin market.
The most important of these is the movement on the USDT chart.
USDT is one of the stablecoins supported by all exchanges around the world.
That means that there are quite a few exchanges supporting the USDT market.
Funds flow in and out of the coin market through USDT and USDC.
In particular, the rise and fall of USDT has a great influence on the flow of funds in the coin market.
The volatility of USDT is likely to have a large impact on the coin market, so it is necessary to look carefully.
Thus, by analogy with roads,
USDT and USDC mean road width.
The larger the road width, the more cars can pass at the same time.
Therefore, USDT and USDC should keep rising while creating a gap.
If you look at the USDT 1M chart, you can see that it has risen to the previous high.
So, you can see that the funds have mostly been recovered.
The BTC.D, USDT.D chart is like the speed of a car.
No matter how fast the cars are, if the road width is narrow, the cars will inevitably slow down due to congestion.
Therefore, in the big picture, it can be seen that USDT and USDC are ahead of BTC.D and USDT.D.
We are sensitive to all kinds of articles and announcements and use them to predict the coin market.
However, nothing can be done with just these articles and announcements.
Therefore, rather than that, you should check how your funds are moving and proceed with transactions in the direction in which your funds are moving.
Since the flow of funds may show different movements such as articles or announcements, it will be of great help in actual trading.
Therefore, it is more important to check the movement of funds than the announcement of economic indicators.
As mentioned above, USDT has almost recovered its previous fund size.
In other words, you have the money you need to rise.
This should not be overlooked.
---------------------------------------
(BTCUSDTPERP chart)
(1D chart)
It is necessary to check whether there is movement outside the maximum range of 25882.9-30000.5.
To do so, it is important to be supported and able to rise around 27656.1.
The MS-Signal indicator is designed to see trends.
Therefore, if the price is above the MS-Signal indicator, it is likely to continue its uptrend.
As the price moves sideways, we expect it to cross over with the MS-Signal indicator before long.
At this time, the trend may change depending on whether it is supported or resisted, so you need to keep an eye on the movement.
If it falls below 27102.7-27656.1, you should touch the uptrend line (1), near the M-Signal on the 1M chart and see if it can rise.
As I said in the Market Cap chart description above, USDT is almost back in its fundraising state.
Therefore, if the price is maintained in the current section, it is expected to rise above 30000.5.
The important thing in chart analysis is the trend.
However, it is the points of support and resistance that are important to any trading strategy.
No matter how well you match the trend, you should spend more time creating a trading strategy because if you don't create a good trading strategy, you will most likely fail the trade.
trading strategy
1. Investment period
2. Investment scale
3. Transaction method and profit realization method
Must be made according to #1-3 above.
(1h chart)
The explanation of the 1h chart is about trading in a short period of time that corresponds to scalping and same-day trading among the above.
In this story, whether BTC goes up or down is not the focus.
Therefore, you should not view and interpret this content with a mid- to long-term perspective.
You are currently walking sideways in 'L2', 27656.1-27347.5.
However, since the full-fledged position entry range is 26907.0-28951.7, it is expected that a trend will be formed only when it is out of this range.
Therefore, the 26907.0-28951.7 section is a box section with high leverage.
If you touch the M-Signal indicator on the 1D chart, volatility is expected to occur, so be careful when trading.
- Full-fledged 'LONG' position (black letters)
- Full-fledged 'SHORT' position (black letters)
-------------------------------------------
(BTCKRW chart)
The question is whether the price can sustain its rise above 37585000.
If not, you need to check if the price stays around 36412000.
The next volatility period is around April 17th.
------------------------------
- big picture
A full-fledged uptrend is expected to start when it rises above 29K.
This is the 81K-95K range that we expect to touch in the next bull market.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** 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.
---------------------------------
Significance of the 28923.63-26574.53 sectionHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
The reason why I explain the USDT, USDC, BTC.D, USDT.D chart first is that it is judged that the price change of coins (tokens) can be predicted to some extent if the overall money flow of the coin market is known.
(USDT chart)
(USDC chart)
(BTC.D 1W chart)
(USDT.D 1D chart)
Still, USDT and USDC are moving in opposite directions.
When USDT rises, the coin market is likely to rise.
However, caution should be exercised as USDC's continued decline may limit its rise or lead to a sharp decline.
You have to look at the market thinking that BTC dominance will rise.
An increase in BTC dominance means that funds will be concentrated towards BTC.
Therefore, regardless of whether BTC price rises or falls, altcoins will gradually move sideways or decline.
We need to see if the USDT dominance can break away from the uptrend line (1) and the downtrend line (2).
In particular, it is necessary to check whether it is out of the 6.85-7.27 range.
Since USDT dominance is currently moving sideways, it can be seen that the overall movement of the coin market is moving sideways.
---------------------------------------
(BTCUSDT chart)
(1W chart)
The question is whether it can hold the price around 26574.53 and rise above 32259.90.
If it falls below 26574.53, you should check for support around 20862.47, i.e. near the HA-High indicator.
Keeping the price above the M-Signal indicator on the 1M chart means that there is a high probability of continuing the uptrend from a long-term trend perspective.
(1D chart)
It is important to keep the price above 26574.53 (26013.28-27079.41) and rise above 28923.63.
To do that, we need to make sure it has support around 27662.82.
Since it is sideways, I expect it to move similarly until it breaks out of the 26013.28-28923.63 zone.
The next volatility period is on or around April 7th, so you need to check beforehand to see if there is any movement away from the 26013.28-28923.63 area.
As BTC dominance rises, the difference between the BTC price and the price movement, or slope, of altcoins will increase.
Therefore, it is BTC or ETH that we should pay attention to right now because the purchase of altcoins is possible until the BTC price is around 43K.
This is because these two coins are the time to focus on buying in preparation for the BTC halving next year.
------------------------------------------
(BTCKRW chart)
The question is whether the price can sustain its rise above 37585000.
If not, you need to check if the price stays around 36412000.
if it goes down,
1st: 35539000
2nd : 31024000-32042000
You need to make sure that it is supported in the vicinity of the 1st and 2nd above.
The volatility period runs through April 3rd.
------------------------------
- big picture
A full-fledged uptrend is expected to start when it rises above 29K.
This is the 81K-95K range that we expect to touch in the next bull market.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** 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.
---------------------------------