readCrypto

Check if a buy-to-sell transition will take place

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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)
It will be a question of whether the gap can continue to rise above 68.468B.

(USDC 1D chart)
If it falls below 39.675B-42.563B, the coin market is likely to enter a recession.


(BTC.D 1D chart)
In order for the uptrend to be prolonged, it needs resistance and a decline near 43.75.

The uptrend is expected to continue until it declines around 39.56-40.44.

Otherwise, if it rises above 45.68, there is a possibility that a strange market will be formed where only BTC rises, or the coin market will show a large decline.


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

As USDT and USDC move, there is a possibility that the area around 5.89-6.21 will be the peak of this uptrend.

Therefore, it is necessary to ensure that funds are continuously flowing in USDT and USDC.

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(BTCUSDTPERP 1D Chart)
It is necessary to check whether the OBV indicator in the 'Vol & Trend' auxiliary indicator converts from buying to selling.

Looking at the 'Strength' sub-indicator,
1. Uptrend: 1
2. Stationary: 2
3. Downtrend: 1
As shown above, it can be seen that the trend has switched from an uptrend to a sideways trend.

Thus, it can be seen that the interval 22471.5-23390.0 has become important.


The MS-Signal indicator is rising and is expected to cross over soon.

At this point, you need to make sure you can keep the price above the MS-Signal indicator.

Otherwise, if it falls below the MS-Signal indicator, there is a high possibility that it will lead to further decline, so we need to think about countermeasures.


Currently, the altcoins continue to pump as BTC is holding the price above 22471.5.

However, when the BTC price shows signs of declining, some altcoins may see an increase in the decline.

This trend is expected to expand further once the BTC price falls below 22471.5.


If a decline below 22471.5 does not show resistance, further upside is likely.


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.


Since the HA-High indicator is formed at the point 23104.6, it is expected that the movement will be determined depending on whether it is supported or resisted based on this point.

However, looking at the 'Strength' sub-index,
1. Uptrend: 2
2. Stationary: 1
3. Downtrend: 1
So, it's showing a weak uptrend.


Although we expect to close with a lower candlestick on the 1W chart, I think this week's move is more significant as the HA-High indicator is not showing signs of declining.

In order to continue the mid- to long-term upward trend, the price must be maintained above the HA-High indicator, so there is a high possibility that there will be a movement that causes the HA-High indicator to fall.


It is necessary to check what kind of investment period the person who publishes the analysis article wrote the article.

Therefore, it is necessary to check the published chart's time frame (15m, 30m, 1h, 4h, 1D ...) and understand the chart according to that period.

If you do not understand this properly and see the published content, there is a possibility that the analysis will be interpreted according to the investment period you think, so you may receive the analysis incorrectly.

For example, posts analyzed below the 30m chart are likely analyzed for short-term movements.

Therefore, I think it is not good to extend the interpretation to a long period with this analysis.

I think checking the time frame of the analysis article and reading the explanation of the chart is the way to avoid this misunderstanding.


(1h chart)
Nothing has changed, so it is the same as before.


As the M-Signal indicator on the 1D chart rises near 22471.5, new volatility is likely.

Therefore, if you touch the M-Signal indicator on the 1D chart, it is expected that you will be able to enter the position in earnest according to the position entry method indicated on the chart.


therefore,
It is possible to enter the 'LONG' position when supported and rising at 'L2', 22975.1-23104.6.

However, it is expected that the rise will start when it rises above 5EMA on the 1D chart, so this should be taken into account.

1st: 23592.1-23937.1
2nd: 24294.1-24463.0
Trade close: around 25500.0
1st S/L : around 22471.5


When resistance is confirmed at 'S2', 22471.5, it is possible to enter the 'SHORT' position.
1st: Around 21826.1
2nd: Around 20984.7
End of transaction: around 20122.5
1st S/L : around 22975.1

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(BTCKRW 1D chart)
It is necessary to check whether there is movement out of the 27317000-29639000 section.

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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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Kommentera:

If the shared chart is up-to-date, there is an option to select Source in the 'Strength' indicator settings.

By default, 'Close' is selected.

To see the value of Heikin Ashi's Close, MRHAB-T: H.A. Just select Close.

If you change to Heikin Ashi's Close, you can see the RSI value associated with the HA-Low and HA-High indicators.

The HA-Low and HA-High indicators are formed by combining the RSI with the trading method using Heikin Ashi candles.
Kommentera:
Since you touched the M-Signal on the 1D chart, it is expected that you will be able to enter the position in earnest.

Since the first wave has not yet come out, the contents of position entry are the same as the previous contents.

A full-fledged position entry means that a trend once formed is likely to go on for a long time.


I think I can talk about quick position entry after the first wave.
Kommentera:
The most important indicator in my idea chart is the MS-Signal indicator.

This is because the trend is likely to be determined around this indicator.

Therefore, if the MS-Signal indicator shows an uptrend and the price remains above the MS-Signal indicator, it can be interpreted as an uptrend.

Therefore, when there is an uptrend like this, you are more likely to see a profit if you buy when the candlestick on the 1D chart is a falling candlestick.


Conversely, when the MS-Signal indicator is in a downtrend and the price is maintained below the MS-Signal indicator, you are more likely to see a profit if you buy when the candlestick on the 1D chart is a rising candlestick.


In this way, same-day and short-term trading is always possible.

However, the S/L point must be set.


Usually, the analysis I talk about goes beyond the short-term perspective.

Therefore, when viewed from a day and short-term perspective, it may appear different from the perspective I am talking about.

You think that the results of your analysis will have a significant impact on your trading, but you are mistaken.

All you need to trade is support and resistance points, and you just have to decide whether to trade or not based on whether you are supported or resisted at those support and resistance points.

[Example of exchange chart setup]

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

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