Need to confirm if HA-High of 1W chart will be created at 19.9K
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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)
If it rises above 68.468B, there is a possibility that the coin market will start a bull market.
However, it is necessary to continue the upward trend with a gap.
(USDC 1D chart)
If it rises above 47.374B, there is a possibility that the coin market will start a bull market.
If it falls below 39.675B-42.563B, there is a possibility that the coin market will enter a recession.
Since USDT and USDC are moving in opposite directions, it can be interpreted that the market is showing a mixed trend.
However, if USDT funds are not withdrawn from their current position, the market is likely to recover faster than expected.
(BTC.D 1W chart)
The key is whether it can decline after receiving resistance in the 43.75-45.68 section.
If so, I expect the uptrend to be extended until a decline near the 39.56-40.44 area.
Otherwise, if it rises above 45.68, there is a possibility that a strange market will be formed where only BTC rises, or the coin market will show a large decline.
The next volatility period is around February 21st.
(USDT.D 1D chart)
The question is whether it can fall below 6.90.
A rise in USDT dominance means a fall in the coin market.
The next period of volatility is around March 3rd.
No matter what the movements of the USDT, USDC, BTC.D charts are, you should pay the most attention to the movement of USDT dominance in the short term.
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(BTCUSDT 1W chart)
If this week's candlestick closes near the current price, we would expect the HA-High indicator to form at 19900.52, as indicated on the chart.
Therefore, it can be interpreted that BTC is more likely to touch around 19900.52.
Since the price is maintained by rising above HA-Low and above MS-Signal, it has turned into a mid- to long-term upward trend.
Therefore, if the price is maintained above 19900.52, which is expected to be created this time, it is expected to continue the mid- to long-term upward trend.
(1D chart)
You need to make sure you can climb with support on the 21023.14-21853.06 section.
However, as mentioned in the explanation of the 1W chart, the HA-High indicator of the 1W chart is expected to be created at the point of 19900.52, so there is a possibility that it will fall to the 19176.93-20050.02 section.
As I said yesterday, I think a shaker must come out for BTC to reverse the mid- to long-term trend.
So, that wiggle point is expected to begin with BTC declining by more than -10%.
Looking at the chart from this point of view, I think a drop below 17.8K is likely.
At the extreme, if a panic occurs, it may temporarily touch around 15.4K-16.5K and rise.
At this time, you need to think about whether you can proceed with the purchase from a mid- to long-term perspective.
Because if not, there is a good chance you will be left with nothing to do when the price drops drastically.
There is no momentum from the current move to turn into an uptrend.
So, even if it rises, we expect it to be nothing more than a rebound.
To revert to an uptrend, it needs to rise above 22487.41 to show support.
Thinking about the big picture hasn't changed.
If there is a movement large enough that the big picture needs to be corrected, then I will give you the direction of the big picture again.
Something important enough that the big picture will be corrected is currently plotted on the chart.
That is the downtrend line (1).
As long as it does not fall below this downtrend line (1), the big picture written below will hold.
Therefore, we believe that this decline should be interpreted as a time to start buying in the medium and long term.
However, it is expected that the beginning will begin with BTC falling more than -10%.
The goal is to create a trading strategy to buy for next year's bull market.
If you misunderstand this and use all your money to buy, you will miss a good opportunity as you will not last until next year and sell midway through.
Therefore, this trading strategy should be tailored to the medium and long term perspective.
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(BTCKRW 1D chart)
It is necessary to check whether there is movement out of the 27317000-29639000 section.
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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.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at (www.tradingview.com/...shi-MS-Signal-HA-MS/).
(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 good day.
Following yesterday, today we changed the background color of the chart.
Please leave a comment on which chart is more eye-catching, yesterday's background color or today's background color.
For your information, there is a significant difference between viewing a chart in real time and sharing a chart with a picture.
Therefore, I would be grateful if those who share and use my charts leave comments.
-------------------------------------
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)
However, it is necessary to continue the upward trend with a gap.
(USDC 1D chart)
If it falls below 39.675B-42.563B, there is a possibility that the coin market will enter a recession.
Since USDT and USDC are moving in opposite directions, it can be interpreted that the market is showing a mixed trend.
However, if USDT funds are not withdrawn from their current position, the market is likely to recover faster than expected.
(BTC.D 1W chart)
If so, I expect the uptrend to be extended until a decline near the 39.56-40.44 area.
Otherwise, if it rises above 45.68, there is a possibility that a strange market will be formed where only BTC rises, or the coin market will show a large decline.
The next volatility period is around February 21st.
(USDT.D 1D chart)
A rise in USDT dominance means a fall in the coin market.
The next period of volatility is around March 3rd.
No matter what the movements of the USDT, USDC, BTC.D charts are, you should pay the most attention to the movement of USDT dominance in the short term.
---------------------------------------
----------------------------------------
(BTCUSDT 1W chart)
Therefore, it can be interpreted that BTC is more likely to touch around 19900.52.
Since the price is maintained by rising above HA-Low and above MS-Signal, it has turned into a mid- to long-term upward trend.
Therefore, if the price is maintained above 19900.52, which is expected to be created this time, it is expected to continue the mid- to long-term upward trend.
(1D chart)
You need to make sure you can climb with support on the 21023.14-21853.06 section.
However, as mentioned in the explanation of the 1W chart, the HA-High indicator of the 1W chart is expected to be created at the point of 19900.52, so there is a possibility that it will fall to the 19176.93-20050.02 section.
As I said yesterday, I think a shaker must come out for BTC to reverse the mid- to long-term trend.
So, that wiggle point is expected to begin with BTC declining by more than -10%.
Looking at the chart from this point of view, I think a drop below 17.8K is likely.
At the extreme, if a panic occurs, it may temporarily touch around 15.4K-16.5K and rise.
At this time, you need to think about whether you can proceed with the purchase from a mid- to long-term perspective.
Because if not, there is a good chance you will be left with nothing to do when the price drops drastically.
There is no momentum from the current move to turn into an uptrend.
So, even if it rises, we expect it to be nothing more than a rebound.
To revert to an uptrend, it needs to rise above 22487.41 to show support.
Thinking about the big picture hasn't changed.
If there is a movement large enough that the big picture needs to be corrected, then I will give you the direction of the big picture again.
Something important enough that the big picture will be corrected is currently plotted on the chart.
That is the downtrend line (1).
As long as it does not fall below this downtrend line (1), the big picture written below will hold.
Therefore, we believe that this decline should be interpreted as a time to start buying in the medium and long term.
However, it is expected that the beginning will begin with BTC falling more than -10%.
The goal is to create a trading strategy to buy for next year's bull market.
If you misunderstand this and use all your money to buy, you will miss a good opportunity as you will not last until next year and sell midway through.
Therefore, this trading strategy should be tailored to the medium and long term perspective.
------------------------------------------
(BTCKRW 1D chart)
------------------------------
- big picture
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.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at (www.tradingview.com/...shi-MS-Signal-HA-MS/).
(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.)
---------------------------------
[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, a quick response is required when entering a 'LONG' position.
Increased to 'L2', 21826.1-21890.4.
Therefore, if it is supported and rises in this section, it is possible to enter the 'LONG' position.
However, since the uptrend can continue only when it rises above the 5EMA and M-Signal indicators on the 1D chart, you need to think about countermeasures when entering a 'LONG' position.
The 'L2' ~ 'S2' section can be traded when a box for high magnification and a sideways section are formed.
Therefore, if it falls after receiving resistance near 'L2', it is possible to enter the 'SHORT' position.
Since it is a trade in the high magnification section, the end of the trade is around 'S2'.
Currently, the 'SHORT' position entered near 'S1' is in progress.