Movement needs to be confirmed by around March 17th

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The overall picture is as follows.

(BTCUSD 1M chart)
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Looking at the TradingView INDEX chart, it appears that the new high (ATH) has been updated.

To date, the StochRSI indicator on the 1M chart has been maintained at the highest point of the overbought zone for up to 2 months.

Accordingly, the key question is whether the StochRSI indicator can maintain its peak in April.

If not, I'll have to prepare for a decline.


(BTCUSDT 1M chart)
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If the decline begins, the key is whether support can be found around 59053.55 (56090.42-61202.17).

If it falls below this range, it is expected to fall to around 42K-47K (44200-47600).


If there is support near 69000, the next target is expected to be around 1.618 (88913.24).

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The reason why there are expectations that BTC will rise again even if it falls is because USDT and USDC continue to maintain a rising gap.

This is because we believe that the fact that USDT or USDC shows a rising gap is evidence that funds are flowing into the coin market.

I believe that the increase in USDT or USDC through transactions is expressed through candles.


(USDT chart)
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(USDC chart)
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Therefore, I think that for the coin market to show a downward trend, USDT must show a gap decline.

Therefore, I believe that the decline of BTC in these fund flows will actually increase buying power.


(BTC.D 1M chart)
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In order for the altcoin trend to begin, I believe BTC dominance must fall below 50 and remain there.

However, if possible, I think BTC dominance should rise in the 55.01-62.47 range or higher and then decline.

Otherwise, if BTC shows signs of falling at a critical point, the fall in altcoins is expected to be large.

Accordingly, when trading altcoins, it is necessary to recover the purchase price as quickly as possible from a day trading perspective.


(USDT.D 1M chart)
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As USDT dominance falls below 4.97, the coin market is expected to enter a bull market.

Accordingly, if USDT Dominus rises above 4.97, the coin market is expected to see a significant decline.

In order for this downtrend to become a full-fledged downtrend, USDT must show a gap decline.

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(BTCUSDT 1W chart)
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As BTC renews its new all-time high (ATH), I think the likelihood of increased selling is increasing.

Accordingly, it is important to determine where the key support and resistance points are within the current price position.


Currently, the 66401.82-69000 area is considered to be an important support and resistance area.

To confirm this, you can check the movement of altcoins when BTC falls to the 66401.82-69000 range.


The StochRSI indicator is expected to touch the top of the overbought zone.

Accordingly, the 66401.82-69000 section is expected to be an important section.


(1D chart)
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If the new high (ATH) is renewed and the upward trend is maintained, there is no way to know what will happen in the future.

Accordingly, a predictable picture is drawn using the chart tool.

A representative charting tool is the Fibonacci ratio.

The 1.27 (73308.95) and 1.414 (79765.89) points indicated by the Trend-Based Fib Extension tool are likely to serve as resistance zones.

However, since the ratio that has an important meaning in the Fibonacci ratio is 0.618, it is believed that if the price surges, it is highly likely to touch around 1.618 (88913.24).

To maintain this upward trend, we need to see if we can find support near the previous high point of 69000 and rise further.


This volatility period lasts until March 11th.

Therefore, the key is whether the price can be maintained above 66401.82.


The next period of volatility is around March 31st.

However, it is necessary to check the movement around March 17 (March 16-18).

This is because there is a possibility that a trend will slowly form around March 17th (March 16th-18th).


As of now, the short-term downtrend turning point is 1 (61202.17).

Accordingly, it is important whether there is support or resistance around 56150.01-61202.17.

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The gist of the above is

- If USDT maintains its gap upward trend, it is expected to eventually maintain its upward trend even if BTC falls.


- In order to see a major uptrend in altcoins, BTC dominance must fall below 50.

However, it is thought that it is highly likely that the altcoin bull market will be maintained only if BTC dominance rises in the 55.01-65.47 range or higher and then falls.

If not, you need to be careful when trading as altcoins are likely to see a large decline when BTC appears to be falling at a critical point.


- If BTC falls below 61202.17, it is highly likely to turn into a short-term downtrend.

Accordingly, it is important whether support or resistance is received around 56150.01-61202.17.


Have a good time.
thank you

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- The big picture
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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
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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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註釋
If you expect the coin market to continue to rise, there is a request to tell us which coin (token) will skyrocket.


The most important time frame chart to determine the trend of the chart is the 1W chart.

Therefore, if it receives support near an important point on the 1W chart, it is likely to surge.

However, if you want to make a profit by trading from a day trading perspective, it is recommended to conduct your own analysis and proceed with trading.

This is because buying a coin (token) that is said to be likely to rise sharply and blindly waiting for it to rise is likely to be a very bad deal.


As an example, I will explain with the chart below.
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First, you need to check whether the price maintains by rising above the M-Signal indicator on the 1M chart.

(If possible, it would be better if the order was M-Signal of the 1W chart > M-Signal of the 1M chart.)

Also, you need to check whether the OBV indicator has risen or not.

If it is rising that much, it is a chart that is likely to surge in the near future.


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Additionally, if it shows support above the HA-Low indicator on the 1W chart, it is likely to rise to near the HA-High indicator on the 1W chart.

If you want to see this and trade, you can trade.


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You should always have cash on hand.

Otherwise, if you start trading using all your cash just because it is a rising market, the psychological burden will increase significantly from then on, and you may proceed with trading in the wrong direction.
註釋
(ETHUSDT 1D chart)
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It appears that a new HA-High indicator is about to be created.

Accordingly, it is necessary to check whether the HA-High indicator is generated at point 3806.51.

If the HA-High indicator is created at the 3806.51 point, support around that point will be an important factor.
註釋
(BTCUSDT 1D chart)
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The next period of volatility for BTC will be around March 31st.

However, since it seems likely that a trend will form around March 17th, you need to check whether it is rising or falling based on the 66401.82-69000.0 section before then.

If the price is maintained above the 66401.82-69000.0 range, it is expected to rise further.
註釋
(BTCUSDT 1D chart)
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The StochRSI indicator is unable to enter the oversold or overbought range and is showing sideways movements.

Accordingly, the key is whether the price can be maintained by receiving support in the 66401.82-69000.0 range and rising above 1.27 (73308.95).

I think these sideways are likely to form a trend around March 17th (March 16th-18th).

The volatility period of the trend formed in this way is expected to be around March 31 (March 30-April 1).


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The MS-Signal indicator is rising around 66401.82.

Therefore, if sideways continue in the current section, volatility is expected to occur by touching the MS-Signal indicator.

At this time, if resistance is seen near the MS-Signal indicator, it is expected to turn into a short-term downward trend.

The HA-High indicator on the 1D chart is currently formed at the 51686.94 point, but if it continues to move sideways or touches the MS-Signal indicator, the HA-High indicator is expected to rise and be created.

If a new HA-High indicator is created like this, it is important to be able to receive support around it.


Additionally, the M-Signal indicator on the 1W chart is located in the 49696.20-51686.94 range.

As time goes by, the M-Signal indicator on the 1W chart will rise.

Therefore, if the short-term downtrend progresses, it is expected to end if support is seen near the M-Signal indicator on the 1W chart.


Considering these movements,
1st: 66401.82-69000.0
2nd: 59053.55
3rd: 51686.94-53256.64
I think it is important to receive support from the 1st to 3rd areas above.


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If support around 66401.82-69000.0 continues after March 17, BTC is expected to rise to around 1.618 (88913.24).
註釋
(AVAXUSDT 1W chart)
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註釋
(BTCUSDT 1D chart)
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As the price falls, a new HA-High indicator appears to be forming.

Accordingly, if the HA-High indicator is created at the 70231.38 point, the important factor is whether it is supported near that point.


As mentioned earlier, the 66401.82-69000 range is a support range to maintain the upward trend, so if it falls below this range and shows resistance, there is a possibility that it will turn into a short-term downtrend.


If it is supported and rises around 66401.82-69000, it is expected to begin an upward rise to around 89K.

The next volatility period is around March 31st, but a trend is expected to form around March 17th.
註釋
(BTCUSDT.P 1h chart)
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It is expected that the upward trend will continue only when it rises to the 69198.7-70320.3 range and shows support.

(1D chart)
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The 70320.3 point is where the HA-High indicator on the 1D chart is about to be created, so it is highly likely that it will rise if it shows support at this point.

The HA-High indicator is an indicator formed near the high point, so the upward trend can only continue if it shows a renewed high point.


If it fails to rise to the 69198.7-70320.3 range and shows resistance, it is expected to fall to around 59100.0-61066.2.


(1W chart)
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The reason why the 66359.1-69198.7 section is important is because it corresponds to the previous high point when viewed on the 1W chart.

Therefore, we can see that the section 66359.1-69198.7 corresponds to the psychological resistance section.


Since the M-Signal indicator on the 1D chart has been touched, if it shows support in the current section, it is time to buy.

However, as explained above, the upward trend can only be continued if it stays above the 69198.7-70320.3 range, so we need to establish a trading strategy for this.
註釋
(BTCUSDT 1D chart)
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The important support and resistance area is 66401.82-69000.0.

However, since the HA-High indicator on the 1D chart was created at the 70231.38 point, it is expected that the upward trend will continue only when it eventually rises above 70231.38.

The StochRSI indicator previously failed to enter the oversold and overbought sections, so its direction was uncertain, but today's candle movement shows that it has entered the oversold section.

Accordingly, we can see that the intensity of the decline is strong.

Therefore, whether there is support around 66401.82-69000.0 is an important issue.

We will have to check whether it can rise above 70231.38 around March 17th (March 16th-18th), or whether it will fall to around 66401.82.

The MS-Signal indicator has risen to around 66401.82, so if it shows support around the MS-Signal indicator, it is time to buy.


If the BW indicator shows a decline as it falls below 69000, it is evidence that the downtrend is getting stronger, so caution is needed when trading.


Therefore, the last time to buy is when it rises above 70231.38.
註釋
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Funds are continuously flowing into the coin market.

But why are prices falling?

The reason is that the number of people willing to buy more than the current price has decreased.

When prices stagnate, you feel psychologically anxious, and the desire to secure profits increases.

Therefore, we naturally see prices falling.


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Therefore, I think that kind of psychology is at work right now.

There is a possibility that the short-term trend will change depending on whether there is support around 56401.82-69000, which is the psychological support and resistance zone.

However, since it has currently touched the MS-Signal indicator, the key is whether it can receive support and rise near the MS-Signal indicator.

Currently, the MS-Signal indicator is located in the 63660.11-56401.82 range.


We should look to see if there is a change in the short-term trend as we move through March 16-18, when the trend is most likely to form.

This short-term trend is expected to change significantly after the next volatility period, March 31 (March 30-April 1).


Even if it is supported and rises by the MS-Signal indicator, the HA-High indicator is currently formed at the 7.231.38 point, so it is expected that the upward trend will continue only if it rises above this point.

Accordingly, it is necessary to check whether a turn appears near the MS-Signal indicator.

To verify the turn, you need to check whether the StochRSI indicator turns upward or StochRSI > StochRSI EMA.


Since the BW indicator is currently in the overbought zone, you can see that the strength of the uptrend is strong.

Therefore, if the BW indicator does not fall from the overbought range, you should think that it is likely to maintain an upward trend.

If you see such a move, it may be time to buy and you should reexamine your trading strategy.
Beyond Technical AnalysisBitcoin (Cryptocurrency)BTCbtcdominanceBTCUSDBTCUSDTHA-MSTechnical IndicatorsTrend AnalysisUSDCusdtusdtdominance

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