Do not create trading strategies during periods of volatility
Updated
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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 1W chart)
(USDT.D 1D chart)
While USDT is gapping and maintaining an uptrend, USDC is gapping and trending down.
When USDT rises, the coin market is likely to rise.
However, caution should be exercised as USDC's continued decline may limit its rise or lead to a sharp decline.
In order for the coin market to rise as a whole, a decline in USDT dominance must be made by default.
When USDT dominance is in a downtrend,
1. Rise of BTC dominance: BTC leads the market, leading to the rise of the coin market.
However, if BTC dominance continues to rise, altcoins will gradually start to move sideways or decline.
2. BTC dominance decline: Altcoins lead the market, leading to the rise of the coin market.
However, if BTC dominance continues to decline, the volatility of BTC will increase, causing frequent whipsaws, which may limit the rise of the coin market.
If USDT dominance maintains an upward trend, the coin market is likely to show a downward trend regardless of the movement of BTC dominance.
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.
A second period of volatility (up to March 19-25) is currently underway.
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(BTCUSDT chart)
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(BTCUSDT 1W chart)
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.
(1D chart)
Looking at the screenshot above, the 'Strength' indicators on the left and right are different.
Therefore, the trend is expected to be determined by whether there is support or resistance in the current zone, i.e. around 26560.0.
What you need to check as an auxiliary indicator is good to use to determine how important the current trend or support and resistance points are.
Creating a trading strategy with technical indicators is risky and should be done with caution.
Therefore, the key is whether you can climb with support in the 26013.28-27079.41 section.
If it falls below 26013.28,
1st: 24376.02
2nd: 22426.60
You need to make sure that it is supported in the vicinity of the 1st and 2nd order.
The trend on the 1D and 1W charts remains in an uptrend.
However, the 1M chart cannot be considered to be maintaining an upward trend yet.
Therefore, shake it up and down to make the HA-High indicator on the 1M chart fall or rise to the point where the HA-High indicator is currently located.
However, since the current HA-High indicator point is located at 43823.59, I think it is more likely to cause the HA-High indicator to fall by shaking it up and down.
I think the point where we expect to see a full-fledged uptrend is when it rises above 29K and maintains the price.
Therefore, the closer you get to 29K, the more you feel that if you don't buy right now, you won't be able to buy it again.
This is a natural instinct and is likely a high signal.
So, what makes you overcome this is your trading strategy.
If you do not plan in advance how you will trade, be careful because you will buy when the price rises and that buying point can become a peak.
The basic buying method to overcome this is (based on 1D chart)
1. Buy when the bearish candlestick is about to close when it is above the MS-Signal indicator.
2. Buy when the bullish candlestick is about to close when it is below the MS-Signal indicator.
You can purchase using methods 1 and 2 above.
However, all transactions must be conducted in split transactions.
This is because the above method is a way to buy regardless of support and resistance points or trends on the chart.
------------------------------------------
(BTCKRW 1D chart)
The movements of the 'Strengh' indicator on the left and right charts are different.
Therefore, it can be seen that it is important whether it is supported or resisted at the 35539000 point.
if it goes down,
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
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.
-------------------------------------------------- -------------------------------------------
** 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.
---------------------------------
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
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 1W chart)
(USDT.D 1D chart)
While USDT is gapping and maintaining an uptrend, USDC is gapping and trending down.
When USDT rises, the coin market is likely to rise.
However, caution should be exercised as USDC's continued decline may limit its rise or lead to a sharp decline.
In order for the coin market to rise as a whole, a decline in USDT dominance must be made by default.
When USDT dominance is in a downtrend,
1. Rise of BTC dominance: BTC leads the market, leading to the rise of the coin market.
However, if BTC dominance continues to rise, altcoins will gradually start to move sideways or decline.
2. BTC dominance decline: Altcoins lead the market, leading to the rise of the coin market.
However, if BTC dominance continues to decline, the volatility of BTC will increase, causing frequent whipsaws, which may limit the rise of the coin market.
If USDT dominance maintains an upward trend, the coin market is likely to show a downward trend regardless of the movement of BTC dominance.
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.
A second period of volatility (up to March 19-25) is currently underway.
---------------------------------------
(BTCUSDT chart)
----------------------------------------
(BTCUSDT 1W chart)
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.
(1D chart)
Looking at the screenshot above, the 'Strength' indicators on the left and right are different.
Therefore, the trend is expected to be determined by whether there is support or resistance in the current zone, i.e. around 26560.0.
What you need to check as an auxiliary indicator is good to use to determine how important the current trend or support and resistance points are.
Creating a trading strategy with technical indicators is risky and should be done with caution.
Therefore, the key is whether you can climb with support in the 26013.28-27079.41 section.
If it falls below 26013.28,
1st: 24376.02
2nd: 22426.60
You need to make sure that it is supported in the vicinity of the 1st and 2nd order.
The trend on the 1D and 1W charts remains in an uptrend.
However, the 1M chart cannot be considered to be maintaining an upward trend yet.
Therefore, shake it up and down to make the HA-High indicator on the 1M chart fall or rise to the point where the HA-High indicator is currently located.
However, since the current HA-High indicator point is located at 43823.59, I think it is more likely to cause the HA-High indicator to fall by shaking it up and down.
I think the point where we expect to see a full-fledged uptrend is when it rises above 29K and maintains the price.
Therefore, the closer you get to 29K, the more you feel that if you don't buy right now, you won't be able to buy it again.
This is a natural instinct and is likely a high signal.
So, what makes you overcome this is your trading strategy.
If you do not plan in advance how you will trade, be careful because you will buy when the price rises and that buying point can become a peak.
The basic buying method to overcome this is (based on 1D chart)
1. Buy when the bearish candlestick is about to close when it is above the MS-Signal indicator.
2. Buy when the bullish candlestick is about to close when it is below the MS-Signal indicator.
You can purchase using methods 1 and 2 above.
However, all transactions must be conducted in split transactions.
This is because the above method is a way to buy regardless of support and resistance points or trends on the chart.
------------------------------------------
(BTCKRW 1D chart)
The movements of the 'Strengh' indicator on the left and right charts are different.
Therefore, it can be seen that it is important whether it is supported or resisted at the 35539000 point.
if it goes down,
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.
------------------------------
- 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.
-------------------------------------------------- -------------------------------------------
** 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.
---------------------------------
Note
(BTCUSDT 1D chart)The HA-High indicator is rising and is about to be created.
Therefore, it becomes important whether it can be supported around the 27345.69 point.
However, it is necessary to check where the candle closes today as the HA-High indicator may not be created at the 27345.69 point due to price volatility.
Note
USDC is continuing its downtrend.
Note
(BTCUSDT chart)The key is whether it can get support around the important point of 26560.0 and rise above 28923.63.
It is necessary to check whether the HA-High indicator on the 1D chart is created at the 27618.36 point.
If it spawns, it matters if it has support around 27618.36.
If it shows resistance around 27618.36, there is a possibility of a decline near the HA-Low indicator, so you need to think about how to deal with it.
Accordingly, it is still important to be able to maintain the price around 26560.0 (26013.28-27079.41 area).
Note
(BTCUSDT 1D chart)The point of the HA-High indicator on the 1D chart has been changed.
Therefore, it is necessary to check whether the HA-High indicator is generated.
Note
USDT and USDC are moving in opposite directions.
Therefore, even if the coin market rises before USDC turns into an upward trend, it is highly likely that the increase will be limited.
Also, I think the possibility of a sharp drop in the coin market increases.
Note
(BTCUSDT chart)We need to see if it can rise above 27662.82 with support around 26560.0 (26013.28-27079.41).
This is because the 27662.82 point is where the HA-Low indicator on the 1D chart is about to be created.
If it fails to rise, it is highly likely that it will fall near the HA-Low indicator on the 1D chart, so you need to think about countermeasures.
The second period of volatility is over.
The third period of volatility is around March 29-30.
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