3 things to check during periods of volatility
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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)
(USDC 1D chart)
(BTC.D 1W chart)
The next volatility period is around January 23rd.
(USDT.D 1D chart)
The next volatility period is around January 24th.
I think that being able to roughly know the flow of money in the coin market through the charts of USDT, USDC, BTC.D, and USDT.D is like a ray of light for individual investors.
Through USDT and USDC charts, it is possible to roughly grasp how much money is flowing in or out of the coin market.
The key here is the flow of the USDT chart.
This is because USDT can be traded directly through the USDT market supported by all exchanges around the world.
Therefore, I think that the increase in the gap of USDT is a phenomenon that is highly likely to lead the coin market to an upward trend.
USDC is moving a bit differently than USDT.
USDC believes that it is related to various investment products that have launched coins as investment products in the stock market.
Therefore, I think that existing investment companies are indirectly investing in the coin market through USDC.
The movement of USDC is understood to indicate that the coin market is correlated with the stock market.
Because of this, I think that USDC's gap decline means that it is more likely to decouple from the stock market.
Through the BTC.D and USDT.D charts, you can see where the current funds are more concentrated and the rise and fall of the coin market.
With the BTC.D chart, you can see whether the money is currently concentrated towards BTC or altcoins.
With the USDT.D chart, you can see to what extent the current coin market is rising or falling.
Since the movement is checked from the overall perspective of the coin market, it may differ from the movement of the coin you are actually investing in.
For example, if both BTC.D and USDT.D are showing a decline, it can be interpreted that the coin market is likely to show an upward trend as funds are concentrated towards altcoins.
Therefore, it means that altcoins are showing more activity than BTC.
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(BTCUSDT 1W chart)
Volatility is likely around the week that includes January 30th.
So, during this period of volatility, you should check for a move out of the 21023.14-21853.06 area.
However, more important than the rise is whether it can be supported in the 21023.14-21853.06 section.
Currently, we see a mid- to long-term uptrend, but we need to hold the price above 20050.02 to stay there.
If that happens, MS-Signal is likely to turn bullish as it turns into a bullish sign.
(1D chart)
Full-scale volatility is expected to begin around January 21 (Jan 20-22).
What is important to look out for during this period of volatility is
1. Can an M-Signal indicator on the 1M chart be created next month by maintaining the price around 21023.14?
2. Can it be supported and rise on the newly created 1D chart's HA-High indicator?
3. Can the price be maintained above 20050.02 to maintain the mid- to long-term upward trend?
You need to check the 3 things above.
If you show support like this, chances are you'll end up rocking up and down while walking sideways.
However, I think this is a positive move from my point of view as it has turned into a new trend.
To maintain this new trend, you need to keep the price above the downtrend line (1) even if it shows a decline.
This is a very important point from a mid- to long-term perspective.
Currently, as the circulation pumping of altcoins continues, a lot of altcoins are being traded.
It is important as a trader to make a lot of money by trading somehow.
However, in a situation where funds are not flowing into the coin market, the circulation pumping of altcoins is highly likely to be a movement to withdraw funds, so you must set a stop loss point and respond accordingly.
In this situation, the best thing to do is to prepare for when the circulation pumping is over by reducing the investment portion of the altcoins you own.
If you want to trade current altcoins, it is recommended that you hold and trade altcoins whenever possible.
This is because it can make up for losses to some extent in the event of a sudden plunge.
If you start a new trade and take a loss or hold it at a loss, you will incur a new loss.
Then you will incur a larger period loss as you will not be able to buy when a better time to buy is coming.
Can I trade altcoins now?
I get asked this question often these days.
If possible, do not trade, and reduce the proportion of the altcoin you currently hold. I am answering.
when it goes down,
1st : around 20050.02
2nd: Around 19176.93
It is necessary to check whether it is supported in the 1st and 2nd sections.
If it rises above 21023.14 and holds the price,
1st: Around 21853.06
2nd: Around 22487.41
It is necessary to check whether resistance is received in the 1st and 2nd sections.
It looks like the HA-Signal indicator on the 1M chart is falling around 26K.
Therefore, if it surges, be careful as there is a possibility of a sharp decline while touching the HA-Signal indicator on this 1M chart.
This movement is the basis for the possibility of consolidation in the maximum range of 17.8K-26K mentioned in the 1W chart description.
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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/).
** 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 nice day.
-------------------------------------
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)
(USDC 1D chart)
(BTC.D 1W chart)
(USDT.D 1D chart)
I think that being able to roughly know the flow of money in the coin market through the charts of USDT, USDC, BTC.D, and USDT.D is like a ray of light for individual investors.
Through USDT and USDC charts, it is possible to roughly grasp how much money is flowing in or out of the coin market.
The key here is the flow of the USDT chart.
This is because USDT can be traded directly through the USDT market supported by all exchanges around the world.
Therefore, I think that the increase in the gap of USDT is a phenomenon that is highly likely to lead the coin market to an upward trend.
USDC is moving a bit differently than USDT.
USDC believes that it is related to various investment products that have launched coins as investment products in the stock market.
Therefore, I think that existing investment companies are indirectly investing in the coin market through USDC.
The movement of USDC is understood to indicate that the coin market is correlated with the stock market.
Because of this, I think that USDC's gap decline means that it is more likely to decouple from the stock market.
Through the BTC.D and USDT.D charts, you can see where the current funds are more concentrated and the rise and fall of the coin market.
With the BTC.D chart, you can see whether the money is currently concentrated towards BTC or altcoins.
With the USDT.D chart, you can see to what extent the current coin market is rising or falling.
Since the movement is checked from the overall perspective of the coin market, it may differ from the movement of the coin you are actually investing in.
For example, if both BTC.D and USDT.D are showing a decline, it can be interpreted that the coin market is likely to show an upward trend as funds are concentrated towards altcoins.
Therefore, it means that altcoins are showing more activity than BTC.
---------------------------------------
(BTCUSDT 1W chart)
So, during this period of volatility, you should check for a move out of the 21023.14-21853.06 area.
However, more important than the rise is whether it can be supported in the 21023.14-21853.06 section.
Currently, we see a mid- to long-term uptrend, but we need to hold the price above 20050.02 to stay there.
If that happens, MS-Signal is likely to turn bullish as it turns into a bullish sign.
(1D chart)
Full-scale volatility is expected to begin around January 21 (Jan 20-22).
What is important to look out for during this period of volatility is
1. Can an M-Signal indicator on the 1M chart be created next month by maintaining the price around 21023.14?
2. Can it be supported and rise on the newly created 1D chart's HA-High indicator?
3. Can the price be maintained above 20050.02 to maintain the mid- to long-term upward trend?
You need to check the 3 things above.
If you show support like this, chances are you'll end up rocking up and down while walking sideways.
However, I think this is a positive move from my point of view as it has turned into a new trend.
To maintain this new trend, you need to keep the price above the downtrend line (1) even if it shows a decline.
This is a very important point from a mid- to long-term perspective.
Currently, as the circulation pumping of altcoins continues, a lot of altcoins are being traded.
It is important as a trader to make a lot of money by trading somehow.
However, in a situation where funds are not flowing into the coin market, the circulation pumping of altcoins is highly likely to be a movement to withdraw funds, so you must set a stop loss point and respond accordingly.
In this situation, the best thing to do is to prepare for when the circulation pumping is over by reducing the investment portion of the altcoins you own.
If you want to trade current altcoins, it is recommended that you hold and trade altcoins whenever possible.
This is because it can make up for losses to some extent in the event of a sudden plunge.
If you start a new trade and take a loss or hold it at a loss, you will incur a new loss.
Then you will incur a larger period loss as you will not be able to buy when a better time to buy is coming.
Can I trade altcoins now?
I get asked this question often these days.
If possible, do not trade, and reduce the proportion of the altcoin you currently hold. I am answering.
when it goes down,
1st : around 20050.02
2nd: Around 19176.93
It is necessary to check whether it is supported in the 1st and 2nd sections.
If it rises above 21023.14 and holds the price,
1st: Around 21853.06
2nd: Around 22487.41
It is necessary to check whether resistance is received in the 1st and 2nd sections.
It looks like the HA-Signal indicator on the 1M chart is falling around 26K.
Therefore, if it surges, be careful as there is a possibility of a sharp decline while touching the HA-Signal indicator on this 1M chart.
This movement is the basis for the possibility of consolidation in the maximum range of 17.8K-26K mentioned in the 1W chart description.
------------------------------------------
- big picture
This is the 81K-95K range that we expect to touch in the next bull market.
-------------------------------------------------- -------------------------------------------
** 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/).
** 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.)
---------------------------------
Kommentera:
The key is whether it can break out of the support and resistance range of 20570.1-20984.7 and rise above 21826.1.
M-Signal on the 1D chart is rising above 19411.7.
If it moves sideways from its current price position, it will soon encounter the M-Signal on the 1D chart.
If the price is above the M-Signal on the 1D chart, the main position is 'LONG'.
Therefore, quick response is required when entering 'SHORT'.
Point 20984.7 is a point where it has not yet formed a complete support and resistance point.
However, since it is a point of support and resistance being created on the 1M chart, its meaning is significant.
Since the HA-High of the 1D chart was formed at the 20643.2 point, if it falls below 20643.2, there is a possibility of a sharp drop, so you can enter with 'SHORT' at this time.
Currently, it has risen above 20984.7, so it is entered as 'LONG', and the trade exit point is the average entry price.
Since it is not changing at the time of entering the position, I do not feel the need to keep updating it.
Therefore, we will update it again the next time the position entry point changes.
It is good to make profits with high leverage in a short period of time, but be careful as it can be quite bad for your mental health.
M-Signal on the 1D chart is rising above 19411.7.
If it moves sideways from its current price position, it will soon encounter the M-Signal on the 1D chart.
If the price is above the M-Signal on the 1D chart, the main position is 'LONG'.
Therefore, quick response is required when entering 'SHORT'.
Point 20984.7 is a point where it has not yet formed a complete support and resistance point.
However, since it is a point of support and resistance being created on the 1M chart, its meaning is significant.
Since the HA-High of the 1D chart was formed at the 20643.2 point, if it falls below 20643.2, there is a possibility of a sharp drop, so you can enter with 'SHORT' at this time.
Currently, it has risen above 20984.7, so it is entered as 'LONG', and the trade exit point is the average entry price.
Since it is not changing at the time of entering the position, I do not feel the need to keep updating it.
Therefore, we will update it again the next time the position entry point changes.
It is good to make profits with high leverage in a short period of time, but be careful as it can be quite bad for your mental health.
[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/
USDT is showing new money entering the coin market as the gap rises.
However, USDC is showing a gap decline.
Therefore, the market trend is expected to use force to defend the price.
With USDC's gap down, the coin market is more likely to decouple from charts of stock indices such as Nasdaq, so trade cautiously.