readCrypto

If consider the current price during the BTC halving next year

BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
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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 1D chart)
The width of the gap is decreasing, but it still creates a gap and shows an uptrend.


(USDC 1D chart)
USDC rose above 42.563B.

Whether it can stay above 42.563B is the question.


(BTC.D 1D chart)
If it starts to fall below 43.75, it is possible that the pumping of altcoins will start again.

However, these trends have the potential to delay the time to bull market or make it more difficult to react, so you should consider whether you can proceed with the buy according to your medium and long-term trading strategy.


(USDT.D 1D chart)
The next period of volatility is around March 3rd.

At this time, it is necessary to confirm whether it will rise above 7.14 or fall to around 6.21.


Funds are continuously flowing into USDT and USDC.

This phenomenon increases the liquidity of the coin market, and the possibility of an upward trend in the coin market is increasing.

The most important thing about these fund movements is whether or not they are maintained even if BTC plummets.

If the price of BTC shows a continuous influx of money whether it is falling or rising, I think it is highly likely that buying for next year's bull market is in progress.

I think BTC dominance is too low considering the BTC halving next year.

Therefore, when the BTC price starts to rise in earnest, BTC dominance is expected to show a significant upward trend.

In that case, on the contrary, there is a possibility that the price movement of the altcoin will not be very good.

With this in mind, you should think about how to proceed with the purchase of mid- to long-term and long-term altcoins.

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The HA-High indicator on the 1W chart is not showing signs of moving even though the RSI has moved out of the overbought zone.

Therefore, if it fails to rise above the M-Signal indicator on the 1M chart, it is expected to fall around the HA-High on the 1W chart.

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(BTCUSDTPERP 1D Chart)
Considering the BTC halving next year, that is, the bull market, I think the current price is a very low price that is not even visible.

However, we are working very hard to buy lower prices.

I think this is a natural phenomenon.

However, if you wait to buy at a lower price and fail to buy when you need to, you will end up buying at a higher price than you are now.

Therefore, I think that continuous buying should be made by adjusting the buying method and investment proportion.


In that sense, I think the current price range is a good price to buy even if a decline is expected.

The reason is that it touches section A, falls, then completes the cup pattern and shows an uptrend.

Therefore, if you think that it is possible to buy by considering which buying method to proceed with the buying, proceed with the buying gradually.


What I'm talking about now is looking at current prices in the bull market next year, looking at the mid- to long-term perspective.


Based on the point 22471.5,
1. As you ascend,
1st: 23937.1-24294.1
2nd : M-Signal of 1M Chart
You need to check if resistance is received near the 1st and 2nd order above.

2. When it goes down,
1st: 20984.7-21826.1
2nd : 19411.7-20122.5
You need to make sure that it is supported in the vicinity of the 1st and 2nd above.



(1h chart)
The explanation of the 1h chart is about trading in a short period of time that corresponds to scalping and same-day trading among the above.

In this story, whether BTC goes up or down is not the focus.

Therefore, you should not view and interpret this content with a mid- to long-term perspective.

This is because the key to trading in such a short period is to earn profits by trading according to movement in the box or sideways range or when it breaks out of it.


There was an up-and-down movement around the M-Signal indicator on the 1D chart.

Therefore, I think it is okay to proceed with trading or take a break from trading for a while according to the entry of a position that requires a quick response.

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(BTCKRW 1D chart)
We need to see if we can keep the price above 31468000 by February 28th.

If not, you need to make sure you keep the price above 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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[Example of exchange chart setup]

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

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