As 2022 closes, check out the flow of 2023...
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(USDT 1D chart)
A gap rise beyond 66.442B does not appear to have occurred yet.
(USDC 1D chart)
I need to see if a move out of 44.07B-44.807B can come out.
The rise in the gap between USDT and USDC is considered to be a sign of new funds entering the coin market.
(BTC.D 1D chart)
An increase in BTC dominance means that funds will be concentrated towards BTC.
We need to see if it can rise above 42.72.
(USDT.D 1D chart)
An increase in USDT dominance means that the coin market is likely to decline.
We need to see if it can drop below 8.11.
The movement of funds should be considered under the premise that BTC dominance should rise.
The reason why BTC dominance should rise is because the coin market as a whole is becoming inactive.
I think it is necessary to activate the movement of BTC above all else in order to activate the investment propensity of the coin market.
In that sense, it is because BTC dominance must rise to have the effect of concentrating funds toward BTC.
Due to the rise of BTC dominance, the movement of the coin market, i.e. BTC price, is unknown.
To see the movement of BTC price, you need to see the movement of USDT dominance.
A rising candle of USDT dominance means that the coin market will fall, and a falling candle means that it will rise.
Therefore, you need to check whether the candlesticks on the 1D chart are rising or falling candlesticks.
Whether funds are flowing into or out of the coin market can be seen by the presence or absence of gaps on the USDT and USDC charts.
Therefore, the volatility around this December 28th appears to be driven by USDC funds.
A rise in BTC dominance is likely to lead to a fall in the price of altcoins.
In a situation where new funds do not flow smoothly into the coin market, the rise in BTC dominance is likely to focus funds on BTC by withdrawing funds from altcoins.
If you do not proceed with additional purchases of your altcoins and have cash equivalent to about 30% of the total seed, you do not have to worry too much about altcoins as you can convert them into profits at any time.
However, it is recommended to check the existence of the altcoin itself in various ways.
It should not be forgotten that the first coin to rise in a bear market is BTC.
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(BTCUSD 12M chart)
Looking at the log chart, it can be seen that the BTC chart is maintaining an upward trend.
It seems that the wind of investment in the coin market, which started in 2017, is being maintained.
(1M chart)
I think this movement shows a more accurate flow in the log chart.
In a way, it may be cheating, but I think it does a good job of spotting long-term trends.
Looking at such a flow, I think you can see how important the current price position is.
In the trading method using the HA-Low and HA-High indicators, you can see that you can buy only when the price drops to 4234.93.
However, I don't think it's really likely that the price will drop anywhere near that point.
Therefore, it is expected that the HA-Low indicator will rise by shaking up and down in the current section.
In that way, if the HA-Low indicator rises and receives support at the point where it was created, it is expected that the movement to turn to the uptrend will begin from then on.
The RSI entered and exited the oversold zone in July 2022, but the HA-Low indicator did not rise.
However, since it has been in the oversold zone since September 2022, it is highly likely that the HA-Low indicator will rise when it gets out of the oversold zone this time.
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(BTCUSDT 1W chart)
A trend is likely to form out of 15475.10-17880.71.
On the TradingView INDEX chart, it is 16309.05-18197.32.
I think that 16309.05-17880.71, which is included in these two sections, will play a more important role.
(BTCUSD 1W chart)
Comparing the Binance chart and the TradingView INDEX chart, the biggest differences are the OBV and +100 indicators included in the volume indicators.
It is necessary to check whether the buying force of OBV, which is included in the trading volume indicator, can be maintained, and whether the price can be maintained at 16309.05 or higher, which is the +100 indicator point.
Therefore, it can be seen that the important factor is whether the price can be maintained in the zone where the current price is located.
(1D chart)
It is touching below 16428.78 and looking to move up near 16590.54.
The key question is whether it can lead to an upward breakout of the MS-Signal indicator by rising above the previously supported 16740.64.
Volatility occurred as the StochRSI indicator entered the oversold zone, but the price seems to be well defended.
If the RSI also enters the oversold zone, the CCI, RSI and StochRSI indicators all enter the oversold zone.
It is expected that it will become more important at which point you find support and resistance when you start to get out of the oversold zone.
Because of this pullback, it only needs to hold the price above 16740.64 to turn into a short-term uptrend.
It will be important whether this move leads to an attempt to rise above 17115.96, a point where the near-term uptrend can continue.
The next volatility period is around January 21-30.
If this uptrend ends with a one-off,
1st : 17880.71
2nd : 19176.93-20050.02
It is expected to touch the vicinity and fall.
If the new trend breaks, i.e. falls below 16428.78,
1st: 15475.10
2nd : 14.8K
3rd : 13500-13761.50
It is expected to touch the vicinity.
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- big picture
I think you need to be supported in the 13K-15K section to get the power to rise.
Therefore, whether it is rising or falling from its current position, a short-term response is required.
A full-fledged uptrend is expected to start when it rises above 29K.
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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.
** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(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.
-------------------------------------
(USDT 1D chart)
(USDC 1D chart)
The rise in the gap between USDT and USDC is considered to be a sign of new funds entering the coin market.
(BTC.D 1D chart)
We need to see if it can rise above 42.72.
(USDT.D 1D chart)
We need to see if it can drop below 8.11.
The movement of funds should be considered under the premise that BTC dominance should rise.
The reason why BTC dominance should rise is because the coin market as a whole is becoming inactive.
I think it is necessary to activate the movement of BTC above all else in order to activate the investment propensity of the coin market.
In that sense, it is because BTC dominance must rise to have the effect of concentrating funds toward BTC.
Due to the rise of BTC dominance, the movement of the coin market, i.e. BTC price, is unknown.
To see the movement of BTC price, you need to see the movement of USDT dominance.
A rising candle of USDT dominance means that the coin market will fall, and a falling candle means that it will rise.
Therefore, you need to check whether the candlesticks on the 1D chart are rising or falling candlesticks.
Whether funds are flowing into or out of the coin market can be seen by the presence or absence of gaps on the USDT and USDC charts.
Therefore, the volatility around this December 28th appears to be driven by USDC funds.
A rise in BTC dominance is likely to lead to a fall in the price of altcoins.
In a situation where new funds do not flow smoothly into the coin market, the rise in BTC dominance is likely to focus funds on BTC by withdrawing funds from altcoins.
If you do not proceed with additional purchases of your altcoins and have cash equivalent to about 30% of the total seed, you do not have to worry too much about altcoins as you can convert them into profits at any time.
However, it is recommended to check the existence of the altcoin itself in various ways.
It should not be forgotten that the first coin to rise in a bear market is BTC.
---------------------------------------
(BTCUSD 12M chart)
(1M chart)
In a way, it may be cheating, but I think it does a good job of spotting long-term trends.
In the trading method using the HA-Low and HA-High indicators, you can see that you can buy only when the price drops to 4234.93.
However, I don't think it's really likely that the price will drop anywhere near that point.
Therefore, it is expected that the HA-Low indicator will rise by shaking up and down in the current section.
In that way, if the HA-Low indicator rises and receives support at the point where it was created, it is expected that the movement to turn to the uptrend will begin from then on.
The RSI entered and exited the oversold zone in July 2022, but the HA-Low indicator did not rise.
However, since it has been in the oversold zone since September 2022, it is highly likely that the HA-Low indicator will rise when it gets out of the oversold zone this time.
----------------------------------------
(BTCUSDT 1W chart)
On the TradingView INDEX chart, it is 16309.05-18197.32.
I think that 16309.05-17880.71, which is included in these two sections, will play a more important role.
(BTCUSD 1W chart)
It is necessary to check whether the buying force of OBV, which is included in the trading volume indicator, can be maintained, and whether the price can be maintained at 16309.05 or higher, which is the +100 indicator point.
Therefore, it can be seen that the important factor is whether the price can be maintained in the zone where the current price is located.
(1D chart)
It is touching below 16428.78 and looking to move up near 16590.54.
The key question is whether it can lead to an upward breakout of the MS-Signal indicator by rising above the previously supported 16740.64.
Volatility occurred as the StochRSI indicator entered the oversold zone, but the price seems to be well defended.
If the RSI also enters the oversold zone, the CCI, RSI and StochRSI indicators all enter the oversold zone.
It is expected that it will become more important at which point you find support and resistance when you start to get out of the oversold zone.
Because of this pullback, it only needs to hold the price above 16740.64 to turn into a short-term uptrend.
It will be important whether this move leads to an attempt to rise above 17115.96, a point where the near-term uptrend can continue.
The next volatility period is around January 21-30.
If this uptrend ends with a one-off,
1st : 17880.71
2nd : 19176.93-20050.02
It is expected to touch the vicinity and fall.
If the new trend breaks, i.e. falls below 16428.78,
1st: 15475.10
2nd : 14.8K
3rd : 13500-13761.50
It is expected to touch the vicinity.
------------------------------------------
- big picture
I think you need to be supported in the 13K-15K section to get the power to rise.
Therefore, whether it is rising or falling from its current position, a short-term response is required.
A full-fledged uptrend is expected to start when it rises above 29K.
-------------------------------------------------- -------------------------------------------
** 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.
** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(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.)
---------------------------------
交易進行:
(BTCUSDTPERP 1h chart)
The trading methods discussed previously will remain the same.
It rose above 16580.6 and entered a new 'LONG' position.
It rose above 16580.6 and entered a new 'LONG' position.
[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/
So, we need to see if we can keep the price above 16601.