readCrypto

Whether the selling trend can be reduced is the key

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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 chart)

(USDC chart)

(BTC.D chart)

(USDT.D chart)


If the USDT chart continues to rise while creating gaps, the coin market is expected to show an upward trend.

The question is whether it can rise above the downtrend line on the USDC chart and create a gap.


It rose above 44.46 on the BTC.D chart.

The key is whether it can continue its upward trend and rise above 45.68.

If BTC dominance rises above 45.68 and stays on the uptrend, the coin market is expected to move towards a bull run next year.

Accordingly, most altcoins are likely to go sideways or show a downward trend, so you need to think about countermeasures.

We believe this move is likely to continue until BTC reaches around 45K.


It fell back to the 6.85-7.27 range on the USDT.D chart.

So, the question is whether we can start a decline below 6.21.

Otherwise, if it rises above 7.27, the coin market is expected to decline again.


Taking the charts of USDT, USDC, BTC.D, USDT.D, BTCUSDT, BTCUSDTPERP, and BTCKRW together, the next volatility period is expected to be around March 16, around March 20-24, and around March 29-30 It's possible.

Therefore, we expect the move around March 16th to be a prelude to volatility.

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When I refer to volatility periods, they are periods marked using StochRSI and support and resistance points.

Therefore, when the waves of StochRSI change, the volatility period may also change.


The HA-Low and HA-High indicators created for trading are paired indicators.

Therefore, when falling from the HA-High indicator, most of them touch the HA-Low indicator.

Conversely, when rising from the HA-Low indicator, most of them touch the HA-High indicator.

Therefore, if it does not rise above the HA-High indicator on the 1W chart, it can be interpreted that it is highly likely to touch the HA-Low indicator.

It is expected to touch near the point where the current HA-Low indicator is located or near the moved point when the HA-Low indicator moves.

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(BTCUSDTPERP 1D Chart)
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
3rd: around 17864.7 (up to 16.4K)
You need to make sure it is supported in the vicinity of the 1st-3rd order above.


It is seen that the coin market (BTC) has risen as a reflection of the issue of the US bank.

We don't have to make predictions about the cause, process, or future of these phenomena.

All the media are talking about what kind of economic impact these stories will have in the future, but in fact, the stories are not helpful at all in making my trading strategy.

Rather, it is only likely that the trading strategy will be made in a strange direction by making subjective judgments.

Therefore, as I always said, it is important to first think about how to respond to the movement of the chart and see if you can revise your trading strategy, rather than looking for the causes of price rises and falls.

Then, when there is time left, then, it is better to look for circles of rise and fall or look at the articles.


This rise touched the HA-High indicator on the 1D chart, around 24294.1.

Therefore, it is necessary to check whether the price rises above this level and rises above the M-Signal of the 1M chart.


If it fails to move higher, you should check for support near the 1W chart's HA-High indicator, 22471.5.


If the price rises above the MS-Signal indicator and holds the price, the most basic way to buy is to buy when the candlestick on the 1D chart is about to close with a falling candlestick.

This is one of the most basic buying methods that does not require any plotting on the chart.

However, as a rule, split transactions must be made.

So, if you're unsure of how to buy for next year's bull market, I encourage you to see if you can use this method.

As long as the price stays below the MS-Signal indicator, you can buy when the candlestick on the 1D chart is about to close with a rising candlestick.


Buying for next year's bull market should be done in earnest when BTC is below 29K.

Therefore, even if the average purchase price increases, it is better to proceed with the purchase even at a partial amount if it suits the purchase method you have set.

Currently, a shake-up is underway for the mid- to long-term trend reversal, so how to determine the split buy amount is important.



(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.


The 'LONG' position, which was entered near 'L1' and 'L2', touched the second selling (trade end) point.

Therefore, you can close the transaction whenever you want.

However, if you touch the 5EMA of the 1D chart or the M-Signal of the 1D and 1W charts, it is recommended to close the transaction or sell part of it to confirm profits.


If you touch the M-Signal on the 1M chart, I will tell you the trading strategy for entering a full-fledged position.

Until then, the previous trading strategy remains in effect.


The position entry trading strategy that requires quick response has been abolished by touching the trade exit point.

So, I think it's good to rest until you touch 5EMA on the 1D chart.

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(BTCKRW chart)
We need to see if we can sustain the price by moving above 32042000.

In particular, the key is whether it can rise above the M-Signal of the 1M chart.

If not, you should check for support near the HA-High indicator (31468000) on the 1W chart or around 29639000.

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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.

** Even if you know other people's know-how, it takes a considerable period of time to make it your own.

** This is a chart created with my know-how.

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Kommentera:
It is quite difficult to proceed with a transaction while adhering to the basic principles you have set.

This is most likely due to changes in psychological state following price fluctuations.

Therefore, it should be maintained as long as a trading strategy is created in a large frame and there is no flow that deviate from the trading strategy created in this way.

If the flow changes due to price volatility, then the large-scale trading strategy should be maintained by correcting the split selling point.


You should not modify your broader trading strategy unless you deviate from the scope of your pre-created trading strategy.

The reason is that you can reflect your own psychological state or subjective thoughts on your trading strategy and proceed with trading in the wrong direction.
Kommentera:
(BTCUSDT chart)
We are trying to break through the M-Signal on the 1M chart upwards.

We need to see if the price can sustain the rise above 26560.0.

If not,
1st: Around 24376.02
2nd: Around 22426.60
You need to make sure that it is supported in the vicinity of the 1st and 2nd order.

If it falls below the 1st and 2nd, it is expected that the movement will proceed as before.


From a trend perspective, in order to continue the long-term uptrend, the price must maintain the price by rising above the MS-Signal indicator on the 1M chart.

From a trading point of view, in order to continue the long-term uptrend, the price must be maintained by rising above the HA-High indicator on the 1M chart.

Therefore, either it rises above 43823.59, where the current HA-High indicator is located, or shakes up and down to make the HA-High indicator fall.


(BTC.D chart)
BTC dominance is showing a rise above the 45.68 I mentioned.

So, the key is whether it can stay above 45.68 and continue its uptrend.

(USDT.D chart)
As USDT dominance fell below 6.85, it is showing a sharp upward trend.

The key is whether it can fall to around 6.21.


This move is expected to be applied by the psychology that you must have BTC due to anxiety about the US bank issue.

Therefore, we believe that this phenomenon is likely to be short-lived.


Therefore, it is recommended to watch the movements of the DXY chart with interest.
The question is whether DXY moves out of the 102.020-105.873 range.

When DXY falls, it means that the investment market is likely to be active.

If it rises, it's good to see it as a sign that the investment market is likely to be down.
Kommentera:
(BTCUSDTPERP 1h chart)
By touching the M-Signal on the 1M chart, the trading strategy for entering a new full-fledged position is displayed. (shown in red)

Enter 'LONG' position
- Entry point: around 25882.9
1st: Around 27102.7
2nd : 28951.7-30000.5
Trade close: around 32275.6

Enter 'SHORT' position
- Entry Point: Around 24294.1
1st: 21826.1-23129.6
2nd : 19411.7-20984.7
End of transaction: around 17864.7

If you touch the 5EMA and M-Signal (1D, 1W, 1M charts) of the 1D chart, you must close the transaction or sell some of them to confirm the profit and check the situation.

[Example of exchange chart setup]

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

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