Bitcoin (BTC) - March 27 (Variability Period-5)

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The volatility period began around March 24 (March 23-25).
This volatility period can last up to around April 3-10.

This volatility period is expected to end as it deviates from the BTCUSDT chart (between 48199.13-50736.52 and 60886.07-63423.46) and the XBTUSD chart (between 48214.0-50752.0 and 60904.0-63442.0).


During the period of volatility, it is advisable to refrain from trading by prediction and check the movement at the point of support and resistance of the holding coins.

Accordingly, it is advisable to minimize trading to avoid double losses.


Despite the falling BTC price, BTC dominance did not rise, but either sideways or declined.

It can be seen that the coin market does not react significantly to the movement of the BTC price until there is a sharp fluctuation in the BTC price.

The coin market maintains the bull market for altcoins.
If you enter the altcoin in line with the price increase, the price may fall below your average unit price, so you need to be cautious about entering.

The coin market is at the highest peak of all time.
Therefore, rather than buying with a large amount of funds, you should invest with funds that can be prepared for a sharp decline to some extent.

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We need to see if we can get support at 54122.5 and get off the downtrend line.
If you break off the downtrend line and gain support at 54122.5-55828.0, you can expect further gains.

If you decline in the 54122.5-55828.0 section, you will need a short Stop Loss.
However, you need to trade carefully as you can move up after touching the 48214.0-50752.0 section or the uptrend line (8).

If it falls between 38225.0-40600.0, you need Stop Loss to preserve profit and loss.

You have to see if the flow of section A is the same.


It remains to be seen if the center line can rise as the green of OBV in the volume indicator increases.

On the wRSI_SR indicator, it remains to be seen if the RS line rises above 20 and can turn into a short-term uptrend.

On the CCI-RC indicator, we must see if the CCI line and EMA line can intersect.


If it rises to the 60904.0-63442.0 section, BTC is expected to re-orientate.

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(BTCUSDT 1D chart)
Bitcoin (Binance) - March 27

We need to see if we can get support at 54087.67 and get off the downtrend line.
If you break off the downtrend line and gain support at 54087.67-55811.30, you can expect further gains.

If you fall between 54087.67-55811.30, you need a short stop loss.
However, you need to trade carefully as you can go up by touching the 48199.13-50736.52 section or the uptrend line (5).

If you fall in the 38150.02-40586.96 section, you can touch the 30437.40-32974.79 section, so you need a Stop Loss to preserve profit or loss.

You have to see if the flow of section A is the same.


It remains to be seen if the center line can rise as the green buying trend of OBV in the volume indicator increases.

On the wRSI_SR indicator, it remains to be seen if the RS line rises above 20 and can turn into a short-term uptrend.

On the CCI-RC indicator, we must see if the CCI line and EMA line can intersect.

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(BTC Dominance 1D Chart)
snapshot
You should watch for any movement that deviates between the downtrend line (3) and the uptrend line (1).

I think the bull market for altcoins is when BTC dominance is below 63.38 points.
Accordingly, it is always a good idea to check if you are climbing above the 63.38 point.

If it falls below the downtrend line (3), BTC dominance is expected to fall to 50.
Accordingly, those who are investing in BTC should be aware of double losses due to fluctuations.

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(USDT Dominance 1D Chart)
snapshot
We need to see if there is any movement that deviates from the 2.088-2.670 section, which is the currently formed box section.
In particular, we need to see if we can get resistance at the M-Signal line of the 1W chart.
If it rises above the M-Signal line on the 1W chart, there is a high likelihood that it will turn into an upward trend, so careful trading is necessary.

It remains to be seen if it can fall below the uptrend line (1), an important trend line.
If you are below the uptrend line (1), you are in a downtrend.
The decline in USDT dominance is likely to lead to an upward trend in the coin market.

The next volatility period is around March 29th.

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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.

Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment

(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)

GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
Nota
(XBTUSD 1h chart)
(UTC) snapshot
Check the flow before and after the time indicated on the chart.

It rose above the 54122.5 point, breaking above the downtrend line on the 1D chart.

We need to see if we can get support at 54122.5 and break above the two downtrend lines on the 1h chart.
In particular, we have to see if we can rise above the 55828.0 point for support.

The 55828.0 point is a short-term high.
Accordingly, it is important to get support at 56304.5.
Nota
(XBTUSD 1h chart)-updated
(UTC) snapshot
Check the flow before and after the time indicated on the chart.

Break above the downtrend line (3) and rise above the 56304.5 point to see if it is supported.

The 55828.0 point is the short-term high, but if you don't get support at the 56304.5 point, I think it's likely to fall at the 55828.0 point.

As long as it does not fall below the downtrend line (1), it is expected to continue its uptrend in anticipation of an uptrend.
Accordingly, if it falls, it can touch the 52825.0-54122.5 interval and rise.
Bitcoin (Cryptocurrency)Bitcoin FuturesbtcdominanceBTCKRWBTCUSDTBTM1!Chart PatternsTechnical IndicatorsTrend AnalysisusdtdominanceXBTUSD

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