Next volatility period: around January 30th
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(BTCUSDT chart)
(1W chart)
The HA-High indicator is expected to be created at the 42141.24 point.
Accordingly, the key is whether it can receive support around 42141.24 and rise above 43823.59.
(1D chart)
The key is whether it can receive support around 41350.0 and rise above 42141.24.
If not, and it falls below 39845.44,
1st: 37253.81-38531.90
2nd: 32917.17-34110.32
You need to check if you receive support near the first and second levels above.
The M-Signal indicator and important trend line on the 1W chart are passing near the first section, so it is important to receive support in this section.
It fell below the psychological resistance range of 43160.0-43823.59, falling below the MS-Signal indicator.
And, the MS-Signal indicator has switched to a downward sign.
Accordingly, it has transitioned into a short-term downward trend, but if it receives support around 41350.0 and rises, it is expected that there will be a rebound to convert to an upward trend.
In order for the rebound to turn into an upward trend, the price must be maintained by rising above the MS-Signal indicator.
If it is not supported by the HA-High indicator and falls, there is a high possibility that it will basically touch the HA-Low indicator.
Currently, the RSI indicator has fallen below 50, so if the price falls further, there is a high possibility that a new HA-Low indicator will be created.
It appears that the HA-High indicator on the 1W chart is about to be created at the 42141.24 point, which is a higher point than near the first section where it was expected to be created.
Accordingly, the HA-Low indicator on the 1D chart is also expected to be generated at a higher price than expected.
If the HA-Low indicator appears to be about to be newly created, an important issue is whether support can be obtained in the vicinity.
The next period of volatility is around January 30th.
(4h chart)
However, it is necessary to check which section receives support or resistance after the time indicated on the chart.
The point that forms an important point from a mid- to long-term perspective is the 42283.58 point.
Therefore, the 42283.58 point corresponds to an important volume profile section.
Have a good time.
thank you
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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.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are points that are likely to encounter resistance in the future.
We need to see if we can break through these points upward.
Since it is thought that a new trend can be created in the overshooting area, you should check the movement when this area is touched.
If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern.
1st: 43833.05
2nd: 32992.55
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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.
---------------------------------
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
-------------------------------------
(BTCUSDT chart)
(1W chart)
Accordingly, the key is whether it can receive support around 42141.24 and rise above 43823.59.
(1D chart)
If not, and it falls below 39845.44,
1st: 37253.81-38531.90
2nd: 32917.17-34110.32
You need to check if you receive support near the first and second levels above.
The M-Signal indicator and important trend line on the 1W chart are passing near the first section, so it is important to receive support in this section.
It fell below the psychological resistance range of 43160.0-43823.59, falling below the MS-Signal indicator.
And, the MS-Signal indicator has switched to a downward sign.
Accordingly, it has transitioned into a short-term downward trend, but if it receives support around 41350.0 and rises, it is expected that there will be a rebound to convert to an upward trend.
In order for the rebound to turn into an upward trend, the price must be maintained by rising above the MS-Signal indicator.
If it is not supported by the HA-High indicator and falls, there is a high possibility that it will basically touch the HA-Low indicator.
Currently, the RSI indicator has fallen below 50, so if the price falls further, there is a high possibility that a new HA-Low indicator will be created.
It appears that the HA-High indicator on the 1W chart is about to be created at the 42141.24 point, which is a higher point than near the first section where it was expected to be created.
Accordingly, the HA-Low indicator on the 1D chart is also expected to be generated at a higher price than expected.
If the HA-Low indicator appears to be about to be newly created, an important issue is whether support can be obtained in the vicinity.
The next period of volatility is around January 30th.
(4h chart)
The point that forms an important point from a mid- to long-term perspective is the 42283.58 point.
Therefore, the 42283.58 point corresponds to an important volume profile section.
Have a good time.
thank you
--------------------------------------------------
- The big picture
This is the section expected to be touched in the next bull market, 81K-95K.
#BTCUSD 12M
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are points that are likely to encounter resistance in the future.
We need to see if we can break through these points upward.
Since it is thought that a new trend can be created in the overshooting area, you should check the movement when this area is touched.
If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern.
1st: 43833.05
2nd: 32992.55
-------------------------------------------------- -------------------------------------------
** 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.
---------------------------------
Comment:
The BW indicator included in the TS-BW indicator is a composite indicator of MACD, StochRSI, CCI, supertrend, and PVT indicators.
Therefore, the higher it rises from the 0 point, the stronger the upward trend, and the lower the price, the stronger the downward trend.
Since the BW indicator is currently showing a complete decline, it is likely to be at the bottom.
However, looking at the previous trend, there may be a double decline, so we will have to watch the situation.
Therefore, when the BW indicator rises and rises above the MS-Signal indicator, it should be considered that the upward trend has begun.
Therefore, the higher it rises from the 0 point, the stronger the upward trend, and the lower the price, the stronger the downward trend.
Since the BW indicator is currently showing a complete decline, it is likely to be at the bottom.
However, looking at the previous trend, there may be a double decline, so we will have to watch the situation.
Therefore, when the BW indicator rises and rises above the MS-Signal indicator, it should be considered that the upward trend has begun.
Comment:
A trend can be said to be on the rise when the price is maintained above the MS-Signal indicator.
Conversely, a downward trend can be said to occur when the price is maintained below the MS-Signal indicator.
Therefore, the current trend can be interpreted as a downward trend.
However, since the price is located within the box section of the HA-High indicator, it can be seen as sideways.
Therefore, I think the full-fledged downtrend begins when the price falls below the bottom of the box section of the HA-High indicator and shows resistance.
Since it is currently arranged in the following order: M-Signal of the 1D chart > M-Signal of the 1W chart > M-Signal of the 1M chart, it should be interpreted as being in an upward trend.
Therefore, even if the downward trend begins by falling below the bottom of the box section of the HA-High indicator, from a mid- to long-term perspective, it can be thought of as only showing a short-term price adjustment.
Therefore, there is no need to say pessimistic things about other people's perspectives, even if they differ from your current perspective.
The most important thing in chart analysis is to find support and resistance points or sections formed at the current price position rather than whether the current price will rise or fall.
Even if the chart analysis shows that the price will rise, if you cannot decide at what point to buy, the transaction may proceed in the wrong direction.
why? Does it say that prices can go up or down?
When making such statements, if you select a point or section as a standard, the chart analysis can be said to be an analysis that can help you create a trading strategy.
Since it is the trading strategy that makes the transaction proceed anyway, selecting support and resistance points or sections can be said to be the key to chart analysis.
I believe the coin market will maintain an upward trend until 2025.
A chart analysis of this can be seen in the idea titled “The key is whether the four-year cycle pattern can be continued.”
You may be asking, is it meaningful to analyze charts for 1 month, 6 months, or 1 year when you don't know whether the price will rise or fall right now?
Yes, that's right.
So, what should be presented in chart analysis is support and resistance points or sections, and we have no choice but to talk about analysis that can create a trading strategy depending on whether support or resistance is received at those points or sections.
It is currently moving sideways in the box section.
It is going sideways. Can we say that it will go up or down?
It is currently showing a downward trend, falling below the MS-Signal indicator.
If the price begins to fall below the box area of the HA-High indicator, it will finally break out of sideways and show a downward trend.
Then, if it touches the HA-Low indicator and receives support near the HA-High indicator and rises, the possibility of a conversion to an upward trend will increase.
Since the HA-Low indicator is created in the low section, receiving support from the HA-Low indicator and rising means that a bottom section has been formed.
In this way, I think chart analysis is presented so that anyone can check the basis for chart analysis.
Conversely, a downward trend can be said to occur when the price is maintained below the MS-Signal indicator.
Therefore, the current trend can be interpreted as a downward trend.
However, since the price is located within the box section of the HA-High indicator, it can be seen as sideways.
Therefore, I think the full-fledged downtrend begins when the price falls below the bottom of the box section of the HA-High indicator and shows resistance.
Since it is currently arranged in the following order: M-Signal of the 1D chart > M-Signal of the 1W chart > M-Signal of the 1M chart, it should be interpreted as being in an upward trend.
Therefore, even if the downward trend begins by falling below the bottom of the box section of the HA-High indicator, from a mid- to long-term perspective, it can be thought of as only showing a short-term price adjustment.
Therefore, there is no need to say pessimistic things about other people's perspectives, even if they differ from your current perspective.
The most important thing in chart analysis is to find support and resistance points or sections formed at the current price position rather than whether the current price will rise or fall.
Even if the chart analysis shows that the price will rise, if you cannot decide at what point to buy, the transaction may proceed in the wrong direction.
why? Does it say that prices can go up or down?
When making such statements, if you select a point or section as a standard, the chart analysis can be said to be an analysis that can help you create a trading strategy.
Since it is the trading strategy that makes the transaction proceed anyway, selecting support and resistance points or sections can be said to be the key to chart analysis.
I believe the coin market will maintain an upward trend until 2025.
A chart analysis of this can be seen in the idea titled “The key is whether the four-year cycle pattern can be continued.”
You may be asking, is it meaningful to analyze charts for 1 month, 6 months, or 1 year when you don't know whether the price will rise or fall right now?
Yes, that's right.
So, what should be presented in chart analysis is support and resistance points or sections, and we have no choice but to talk about analysis that can create a trading strategy depending on whether support or resistance is received at those points or sections.
It is currently moving sideways in the box section.
It is going sideways. Can we say that it will go up or down?
It is currently showing a downward trend, falling below the MS-Signal indicator.
If the price begins to fall below the box area of the HA-High indicator, it will finally break out of sideways and show a downward trend.
Then, if it touches the HA-Low indicator and receives support near the HA-High indicator and rises, the possibility of a conversion to an upward trend will increase.
Since the HA-Low indicator is created in the low section, receiving support from the HA-Low indicator and rising means that a bottom section has been formed.
In this way, I think chart analysis is presented so that anyone can check the basis for chart analysis.
Comment:
The BW indicator and StochRSI indicator have risen to the overbought range.
In this situation, if the BW indicator does not accompany the StochRSI indicator when it leaves the overbought zone and falls, there is a high possibility that there will be a small decline.
Therefore, if you cannot respond quickly in such cases, it is recommended not to enter into a SHORT.
In this situation, if the BW indicator does not accompany the StochRSI indicator when it leaves the overbought zone and falls, there is a high possibility that there will be a small decline.
Therefore, if you cannot respond quickly in such cases, it is recommended not to enter into a SHORT.
Comment:
In order for the HA-Low indicator to be created, the RSI indicator must show an upward trend after falling into the oversold range.
Therefore, if it falls near the bottom of the box section of the HA-High indicator and then rises, the HA-Low indicator is expected to be created.
The key is whether the price can be maintained by rising above 42141.24-42283.58.
Therefore, if it falls near the bottom of the box section of the HA-High indicator and then rises, the HA-Low indicator is expected to be created.
The key is whether the price can be maintained by rising above 42141.24-42283.58.
Comment:
(BTCUSDT 1D chart)
The StochRSI indicator is rising above 20 and exiting the oversold zone.
However, for a trend to be said to have turned upward, it must rise above the MS-Signal indicator.
Therefore, the key is whether the price can rise above 42283.58 and rise above the MS-Signal indicator while maintaining the price.
If it fails to rise above 42283.58, it is likely to lead to a further decline, so you should think about a response plan.
Since it is currently sideways within the box section of the HA-High indicator, there is a high possibility that it will actually show a downward trend when it falls below 39845.44.
When the downtrend progresses,
1st: 37253.81-38531.90
2nd: 32917.17-34110.32
You need to check if you receive support near the first and second levels above.
If the price is maintained above 39845.44 and a new HA-Low indicator on the 1D chart is created, an important issue is whether support can be obtained near the HA-Low indicator.
However, for a trend to be said to have turned upward, it must rise above the MS-Signal indicator.
Therefore, the key is whether the price can rise above 42283.58 and rise above the MS-Signal indicator while maintaining the price.
If it fails to rise above 42283.58, it is likely to lead to a further decline, so you should think about a response plan.
Since it is currently sideways within the box section of the HA-High indicator, there is a high possibility that it will actually show a downward trend when it falls below 39845.44.
When the downtrend progresses,
1st: 37253.81-38531.90
2nd: 32917.17-34110.32
You need to check if you receive support near the first and second levels above.
If the price is maintained above 39845.44 and a new HA-Low indicator on the 1D chart is created, an important issue is whether support can be obtained near the HA-Low indicator.
Comment:
It is showing a downward trend for the first time since August 8, 2023. We need to see if the downward trend continues this week.
It is showing a downward trend for the first time since August 8, 2023. We need to see if the downward trend continues this week.
Comment:
USDT's falling gap means that there is a high possibility that it will lead to a downward trend in the coin market. It may fall into the 1st or 2nd range, so you need to be prepared for this.
[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/
Accordingly, it can be interpreted that funds are continuously flowing into the coin market.
Accordingly, I believe that a change of hands is taking place by realizing profits near the psychological resistance zone.
This hand change phenomenon appears as a volume profile section is formed at 42283.58.
If it falls due to resistance at the Fibonacci retracement rate of 0.618, it is likely to fall to around 0.5.
However, since an important volume profile section is formed at the 42283.58 point, the important question is whether support can be obtained at the 42283.58 point.
As I mentioned in the idea that “the key is whether the four-year cycle pattern can be continued,” the coin market has just entered its second rising year.
Therefore, if it falls below 28980.45, it will enter a strong support zone.
Therefore, the buying trend is expected to become stronger as it approaches 28980.45.
The reason is that the decline in altcoins appears to be greater than that of BTC.
Therefore, if BTC dominance shows sideways or downward trends even though the BTC price is falling as it is now, there is a high possibility that new changes will occur in the coin market.
If BTC dominance falls below 50 and USDT dominance remains below 5.89-6.39, the coin market is expected to enter an altcoin bull market.
Once the altcoin bull market begins, it is not expected that there will be a significant uptick in the BTC halving.
The reason is that for a major bull market to begin, BTC dominance must rise above 61 and then begin to fall.