Significance around 43823.59

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(USDT chart)
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It has risen above the high point on November 8th.

I think this is evidence that a lot of money is flowing into the coin market.


(USDC chart)
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It looks like it's about to turn, but it doesn't look like it's about to rise yet.


(BTC.D chart)
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Among the conditions for an altcoin bull market to begin is whether BTC dominance can be maintained by falling below 50.

Therefore, I think it is difficult to say that the current altcoin bull market has begun.

An altcoin bull market refers to a bull market in which you can make a profit no matter what altcoin you buy.


(USDT.D chart)
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As USDT dominance falls below 5.89-6.39, I believe the coin market has entered a bull market.

If the BTC Dominus mentioned earlier does not fall below 50, it is highly likely that a bull market will continue in which only BTC will rise.

Although some altcoins, including ETH, will rise along with BTC, it is expected that they will ultimately not be able to keep up with BTC's rise.

If only BTC rises, BTC's dominance is likely to continue until BTC dominance rises above 61 and then begins to decline, so caution is required when trading altcoins.

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(BTCUSDT chart)
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(BTCUSD 1M chart)
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The HA-Low indicator has not yet been created on the 1M chart.

This shows that BTC is maintaining a strong upward trend.

Therefore, it is expected that a new trend will be formed by touching the HA-High indicator this time.


If the price falls after receiving resistance from the HA-High indicator, I think there is a possibility that it will eventually lead to a decline to meet the HA-Low indicator.

Currently, it is unknown how much it will have to drop to generate the HA-Low indicator.

However, if the downward trend continues, we believe we will eventually reach the HA-Low indicator.


If it rises above the HA-High indicator, it is likely to rise to around 47995.77-48229.91.

The 47995.77-48229.91 section corresponds to the section located between 0.618 and 2.618 of the Fibonacci ratio.


(1W chart)
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The HA-High indicator on the 1M chart has been touched, but the HA-High indicator on the 1W chart has not been touched yet.

Accordingly, I think there is a possibility of a shakeup around 43823.59.

Looking at the situation of the indicator, it can be thought that BTC is still in the reverse arrangement because the HA-High indicator on the 1M chart was touched first.

I think there is a possibility that a shaker will be developed to convert this reversed arrangement state to a normal arrangement state.

Well, there is a possibility that it will rise like this and rise to the 59370.07 point, which is the HA-High indicator point on the 1W chart.


In any case, it is true that it is located in an important section in terms of the current long-term trend.


There is a possibility that it will touch the 46431.5 point and a shake will occur, or there is a possibility that it will continue to decline and a shake will occur.


At this time, we need to find out the funding status of the coin market.

As explained in the USDT chart mentioned earlier, you can see that funds are steadily flowing into the coin market.

Accordingly, even if there is a shake-up, I don't think it is very likely to lead to a major decline.

However, I think the situation is a bit different for altcoins.

Altcoins are likely to see a big drop since BTC dominance is trending upward.

It is unknown whether the current inflow of funds is to buy BTC, ETH, or altcoins.

However, given that BTC dominance is on the rise, I think there is a possibility that it is an inflow of funds to buy BTC or ETH.


(1D chart)
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BTC is resetting the indicator as it shows sideways movements around 43K.

Currently, the StochRSI indicator is showing a decline below the 50 point.

Therefore, when the StochRSI indicator enters the oversold zone in the near future, you should pay attention to where support and resistance are located.


When the decline in the StochRSI indicator accelerates, it is necessary to check whether BTC is maintained within the 42053.66-44200.0 range.

If possible, the key is whether the price can be maintained around 43160.0-43823.59.

I think it is highly likely that this means that there is a great desire for an increase and that buying is overwhelming selling.


As funds are flowing into the coin market, I do not think it is right from a trend-following perspective to think that the rise will stop around the current level.

This is because it is highly likely that the inflow of funds will ultimately result in an increase in the purchasing power of coins.


why? I shared my thoughts on whether the prices in the current section are showing the same behavior as they are now.


It is unknown whether this will lead to an altcoin bull market or whether BTC's dominance will continue as is.

However, if BTC dominance falls below 50, you need to think about the possibility of an altcoin bull market starting and think about how to respond.


However, since there may be a pumping of altcoins before BTC determines its direction and leads to a large rise, a trading strategy must be created accordingly.


Once an altcoin bull market begins, I think chart analysis is meaningless.

Therefore, it is recommended to sell in installments when prices rise sharply and come to a halt.

Additionally, it is time to buy if the candle on the 1D chart is a downward candle and is supported at the support and resistance points.

In an altcoin bull market, it is not a good idea to buy when the price is rising.

You may make a big profit once or twice, but in the end, it will be an opportunity to buy at the highest point.

Therefore, in the coin market
1. In a rising market, when the candle on the 1D chart is a falling candle, check the support at the support and resistance points and buy.

2. In a falling market, the time to buy is when it breaks through the support and resistance points on the 1D chart.

I think points 1 and 2 above apply to the basic trading method.

When an altcoin bull market or bear market is in progress, movements occur regardless of the status of the indicator, so trading is possible using the above trading method even if the indicator is overheated.

However, you should enjoy your investment as prices continue to rise.

A 100% sell in a bull market means that this altcoin will not be traded in the future.

Therefore, the trading method of selling 100% is not appropriate.


Under no circumstances should you stop trading.

This does not mean that you must continue to trade unconditionally.

This means that you must constantly check the chart of the coin you want to trade and constantly observe when to start trading and when to sell.


(4h chart)
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The gap between the 5EMA of the 1D chart and the M-Signal indicators of the 1M, 1W, and 1D charts shown on the chart has widened considerably.

Accordingly, it is necessary to determine how this gap can be reduced in the future.

The best way, in my opinion, is to touch the M-Signal indicator on the 1D chart, maintain an upward trend, and move sideways near the current price until the M-Signal indicator on the 1W and 1M charts rises.


I believe that these sideways will make it difficult for individual investors and will naturally encourage selling, providing an opportunity to secure a stable supply.

At the same time, we expect that all high leverage will be liquidated.

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- The big picture
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The full-fledged upward trend is expected to begin when the price rises above 29K.

This is the section expected to be touched in the next bull market, 81K-95K.

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** All explanations are for reference only and do not guarantee profit or loss in investment.

** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA

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

** This chart was created using my know-how.

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Nota
#BTCUSDT.P 1h
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It appears that the 5EMA on the 1D chart has been touched.

Accordingly, I think the possibility of volatility occurring is increasing.

If it falls below the 5EMA on the 1D chart, it is expected to touch the M-Signal indicator on the 1D chart.

Accordingly, the key is whether it can be supported and rise near the 5EMA on the 1D chart.


Also, you need to check where the M-Signal indicator on the 1D chart will be touched.

If the M-Signal indicator on the 1D chart rises above 42041.1, I think there is a high possibility that it will lead to an upward trend.

If not, it is expected to fall to the 39846.8-42041.1 range.
Nota
“When the candle on the 1D chart is a downward candle, you can check whether it is supported at the support and resistance points and buy.”

The most important thing in the above discussion is to find support and resistance points.

Next, you need to check whether the candle is a falling candle or a rising candle.


snapshot
In the example chart, the upper point of the box section is formed at 1.682.

Accordingly, if support is received around this point, it can be said that it is time to buy.


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In the example chart, the HA-High indicator box ranges from 3.354 to 4.010.

Above that, the upper tail volume profile section is formed in the 3.573-4.185 section.

Accordingly, if it shows support in the 4.010-4.185 range, it is time to buy.
Nota
#BTCUSDT 1D
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It shows that the HA-High indicator is about to be created at the 43450.03 point.

Accordingly, it is becoming important to be able to receive support in the 43160.0-43823.59 range.
Nota
#ETHUSDT 1D
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We need to check if the HA-High indicator is generated at point 2315.51.
Nota
If BTC shows support near the MS-Signal indicator on the 1D chart, you will have a buying opportunity.

A buying opportunity for any coin (token) is when it shows support and rises near the MS-Signal indicator on the 1D chart.

This may be the last section for additional purchases, so make sure to check if you are supported at the support and resistance points before purchasing.
Nota
Believe in the power of money.

Now is the time to look for places to buy, not to look for places to sell.

snapshot
Funds are flowing into the coin market as the all-time high (ATH) is continuously updated.

I believe that no matter how trend-following the coin market is, it cannot overcome the power of money.

In the end, FOMO will win.


Check the support and resistance points and respond well.
Nota
#BTCUSDT.P 1h
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As the HA-Low indicator was newly created, the indicator was initialized.

Accordingly, when the box section of the HA-Low indicator (42369.4) is formed, you need to check which direction it deviates from.
Beyond Technical AnalysisBitcoin (Cryptocurrency)BTCbtcdoBTCUSDBTCUSDTTechnical IndicatorstradingstrategyTrend AnalysisUSDCusdtusdtdo

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