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Check if price can be maintained beyond MS-Signal

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BINANCE:BTCUSDT   Bitcoin / TetherUS
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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)
Funds continue to flow into the coin market via USDT.


(USDC 1D chart)
Money is also flowing into the coin market through USDT.


As funds are continuously flowing into USDT and USDC, it is expected that this power will lead to a large rise when used.

However, since it is unknown when and how it will be used, I think it is better to conduct a trading strategy from a mid- to long-term perspective rather than day trading or short-term trading.



(BTC.D 1W chart)


(USDT.D 1D chart)
A rise above 6.90-7.27 is expected to cause the coin market to plummet.

A rise in USDT dominance means a fall in the coin market.

The next period of volatility is around March 3rd.

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(BTCUSDT 1W chart)
As the blue width of the OBV of the 'Vol & Trend' indicator increases, it shows that buying is increasing.

Therefore, it can be seen that it is highly likely to maintain an upward trend in the medium to long term.


However, when StochRSI of the 'Strength' indicator falls and leaves the overbought zone, BTC may show a decline.

This drop may be shorter than you think.

The reason is that funds are continuously flowing into USDT and USDC.



(1D chart)
It is supported and rising near 22984.64.

With this increase, it rose more than the MS-Signal indicator.

Therefore, it is necessary to check whether the price can be maintained above the MS-Signal indicator.

However, if it fails to rise above the downtrend line (2), it is expected to fall again, so you need to think about how to respond to this.


Unlike the 1W chart, the OBV of the 'Vol & Trend' indicator on the 1D chart shows an increasing red width.

So, you can see that selling pressure is increasing.

Therefore, it can be seen that the current flow is being pulled back in the short term.

It is virtually unknown how far this pull back will go, but I think it is likely to fall around 21023.14-21853.06.


As I said in the 1W chart, it is likely to continue its upward trend from a mid- to long-term perspective, so what we can do in this drop is whether we can proceed with buying from a mid- to long-term perspective.

As I believe that a shake-up is underway to reverse the mid- to long-term trend, I think the fall of BTC is the time to split and buy from a mid- to long-term perspective.


I think the price range where BTC is most likely to fall is around 17.8K.

So, if possible, I think it is better to buy with small amounts when BTC is above 21023.14-21853.06, and buy with larger funds when BTC price begins to decline around or below 21023.14-21853.06.


Can you tell me if you really need to buy it?

However, in a situation where funds are continuously flowing into USDT and USDC, there is a possibility of a sharp rise at any time, so if you want to make a profit at this time, I think you should do some split buying now.


Also, if the price falls without buying at all, you can make the mistake of not buying even though you are located in a good price range with the thought that it will fall further.

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(BTCKRW chart)
We need to see if it can rise above 31468000 with the volatility around February 27 (February 26-28).

If it fails to rise, it is expected to fall below the MS-Signal indicator.

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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.)

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評論:
(BTCUSDTPERP 1h chart)
I touched 'S2' and 'S1' again.

Since the M-Signal on the 1D chart is located in the 23390.5-23526.6 section, it is possible to enter a 'SHORT' position when it falls below 23390.5 and receives resistance.

If not, I expect it to rise around 24294.1-24536.0, around 'L2', 'L1'.

Same as the description for entering the previous position.
評論:

It shows that funds are continuously flowing into USDT and USDC.

Accordingly, by showing that BTC dominance is about to decline rather than rising, it can be seen that it is not yet time for BTC to show a significant uptrend.

This is because when a large rise in BTC occurs, BTC dominance will show a sharp rise.

A drop in BTC dominance and a drop in USDT dominance are likely to constitute a pumping market for altcoins.

Therefore, if this market situation is prolonged, the road to bull market next year is expected to be tough.


Therefore, there should be a market situation consisting of a fall in USDT dominance coupled with a rise in BTC dominance.


There is an important issue of ETH in the future, so it is necessary to check whether it will show a short-term uptrend accordingly.

[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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