A period of volatility begins

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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)
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(USDC chart)
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(BTC.D 1W chart)
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(USDT.D 1D chart)
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While USDT is gapping and maintaining an uptrend, USDC is gapping and trending down.

It is unknown if funds are moving from USDC to USDT due to the issue with USDC, but the rising trend of USDT is expected to drive the coin market upwards.

However, the continued decline of USDC may limit the rise of the coin market or cause a sharp decline.


We need to check if it stays above 45.68 on the BTC.D chart.

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.

If BTC dominance stays above 45.68, most altcoins are likely to move sideways or show a bearish trend, so we need to think about countermeasures.

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


The question is whether the USDT.D chart 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.

Thus, the period of volatility around March 16th is over.

We need to see how it will affect the next volatility period around March 20-24 (up to March 19-25).

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snapshot

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(BTCUSDT 1W chart)
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The key is whether the price can be maintained above the M-Signal on the 1M chart.

If not, you should check if it is supported near the HA-High indicator.

This is because if the price is maintained above the HA-High indicator, it is highly likely to continue the mid- to long-term upward trend.

If it declines, it is likely to fall to the vicinity of the HA-Low indicator paired with the HA-High indicator.

However, you need to make sure it is supported around 20862.47 which is the support and resistance point.



(1D chart)
Supported around 24376.02,
1st : More than M-Signal of 1M chart
2nd: 28923.63 or higher
You need to make sure that the price can be maintained by rising 1st, 2nd or more times.

If it falls below 22487.41,
1st: 21023.14-21853.06
2nd : 19176.93-20050.02
3rd: 17880.71 (up to 16.7K)
It is necessary to check whether it is supported in the 1st to 3rd sections.


The key is whether it can be supported above the M-Signal indicator on the 1M chart, around 26013.28-26560.0, and rise above 28923.63.

If it rises above the 32259.90-37253.81 section, it is likely to show a full-fledged uptrend.

Therefore, the 32259.90-37253.81 area is a very important support and resistance area.

Therefore, if it falls after rising above 32259.90, I think it is highly likely to continue the uptrend if it is supported around 28923.63.

If it fails to gain support around 28923.63, there is a possibility of a sharp decline, so a countermeasure is needed.


Therefore, it is expected that a lot of money will be needed to rise above 28923.63.

In line with this, USDT is showing an upward trend by creating a gap.

In that sense, I think that being supported around 26013.28-26560.0 has an important meaning.

Therefore, if it receives support around 26013.28-26560.0 or if the HA-High indicator moves and shows support, it is expected to rise around 28923.63.


A period of volatility begins around March 20 (March 19-21).

Therefore, during a period of volatility, it is better to check the target point or stop loss point you set once more while watching the situation with a margin rather than hastily trading.

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(BTCKRW chart)
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It is necessary to confirm that it can be supported and ascended around 34820000-35539000.

If not,
1st: 31024000-32042000
2nd: 28950000-29639000
You need to make sure that it is supported in the vicinity of the 1st and 2nd above.

The next period of volatility is around March 29th.

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- big picture
snapshot
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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Note
(BTCUSDTPERP 1h chart)

- Full-fledged 'LONG' position entered around 'L1', 25882.9
snapshot
1st: Around 27102.7
2nd : 28951.7-30000.5
Trade close: around 32275.6

However, if you touch 5EMA on the 1D chart or M-Signal on the 1M, 1W, or 1D charts, it is recommended to sell some or close the transaction to preserve profits.


- A full-fledged 'SHORT' position entered near 'S1', 24294.1
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When entering, you must check whether resistance is received in the 'SR' section, 24119.5-24517.2 section.
1st: 22421.2-23129.6
2nd : 20984.7-21826.1
3rd : 194117.-20122.5
End of transaction: Around 17864.7

However, if you touch 5EMA on the 1D chart or M-Signal on the 1M, 1W, or 1D charts, it is recommended to sell some or close the transaction to preserve profits.


- Box section using high leverage
snapshot
Box trades for high leverage are available within the range 24294.1-25882.9.

However, since anomalies may occur by touching the 5EMA of the 1D chart or the M-Signal of the 1M, 1W, and 1D charts, countermeasures are required.
Note
snapshot
Note
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In the BTCUSDT chart, unlike the BTCUSDTPERP chart, the 26560.0 point is a more meaningful support and resistance point.

Therefore, you need to check whether it is supported or resisted at the 26560.0 point.

The confirmation method is the same as indicated on the BTCUSDTPERP chart.
Note
(BTCUSDT chart)
snapshot
At the current price position, the important support and resistance point is at 26560.0.

However, since the M-Signal indicator on the 1M chart is passing by, it is important whether it is supported in the 26013.28-27079.41 section.


(1D chart with the Source of the 'Strength' indicator changed to Heikin Ashi's Close)
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Comparing the two charts above, the StochRSI and RSI indicators are not completely out of the overbought zone yet.

Therefore, it can be said that whether it is supported or resisted in the section mentioned above has an important meaning.


So, if I don't see resistance coming down to 26013.28, I think it's likely to continue the uptrend.
Note
(USDT chart)
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(USDC chart)
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It is maintaining a downtrend, consistently creating gaps on the USDC chart.

Accordingly, I think there is a possibility of limiting the rise of the coin market or leading to a sharp decline.

However, if the USDT chart continuously creates a gap and maintains an upward trend, it is expected that the price will be protected from USDC's risk.


(BTC.D chart)
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BTC dominance is showing a rise above 47.64.

If this upward trend is maintained, there is a possibility that altcoins will show a gradual downward trend, so we need to think about countermeasures.


(USDT.D chart)
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The second period of volatility in the coin market runs until March 25th.

Therefore, during this volatility period, it is necessary to check whether the price can fall below the uptrend line (1) and meet resistance.

A drop in USDT dominance means a rise in the coin market.
Beyond Technical AnalysisBitcoin (Cryptocurrency)BTCbtcdominanceBTCUSDBTCUSDTBTCUSDTPERPTechnical IndicatorsTrend AnalysisUSDCusdtusdtdominance

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