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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)
syot kilat
If it rises above 68.468B, there is a possibility that the coin market will start a bull market.

However, it is necessary to continue the upward trend with a gap.

(USDC 1D chart)
syot kilat
If it rises above 47.374B, there is a possibility that the coin market will start a bull market.

If it falls below 39.675B-42.563B, there is a possibility that the coin market will enter a recession.


(BTC.D 1W chart)
syot kilat
The key is whether it can decline after receiving resistance in the 43.75-45.68 section.

If so, I expect the uptrend to be extended until a decline near the 39.56-40.44 area.

Otherwise, if it rises above 45.68, there is a possibility that a strange market will be formed where only BTC rises, or the coin market will show a large decline.

The next volatility period is around February 13th.


(USDT.D 1D chart)
syot kilat
I need to make sure it stays below 6.90.

A rise in USDT dominance means a fall in the coin market.

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syot kilat

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(BTCUSDT 1W chart)
syot kilat
Funds are showing their way into the coin market through USDT.

Conversely, funds are being withdrawn from the coin market through USDC.

It can be seen that the amount of money leaving the coin market is greater than the amount of money entering the coin market.

So, I think the current uptrend is constrained.

With BTC's slowing movement, the pumping of altcoins has the potential to accelerate BTC's decline.


For this reason, we need to see if we can keep prices above 20798.16-20862.47.

The question is whether the HA-High indicator located at 59370.07 can show a decline due to this move.

Since the price is maintained by rising above HA-Low and above MS-Signal, it can be seen that the mid- to long-term upward trend has shifted.

Therefore, in order to continue the mid- to long-term upward trend, it is important to make the HA-High indicator fall because it must show that the price is maintained by rising above the HA-High.

These movements are likely to form a pull back area.

Therefore, it is possible that the current decline is a move to form a pull back zone.


The low point of the pull back section is
1st: 20798.16-20862.47
2nd: Near HA-Low
I think it is highly likely to be formed near the 1st and 2nd order above.



(1D chart)
While studying charts, you will learn about numerous patterns.

One of them, the cup pattern, is starting to show up.

Patterns can only be known when they are completed, so you need to be careful because making predictions in the process of creating patterns creates preconceived notions in the analysis.

So, that's why I don't tell you in patterns if possible.


All the analysis techniques, analysis tools, patterns, etc. that you learned while studying charts are important materials for understanding charts.

However, once you understand the chart, you should forget about all these things.

That way, you can see and understand the chart according to your own thoughts.

If you analyze a chart with all the analysis techniques, analysis tools, patterns, etc., you will unknowingly try to fit the chart into the framework of the analysis techniques, analysis tools, patterns, etc. rather than understanding the flow of the chart.

For this reason, it can cause the analysis to go in the wrong direction.


Looking at the current chart, it is possible to create a cup pattern based around A and B.

Since it needs to rise higher than the highs near A to form a pattern around A, it is likely to form a cup pattern around B for now.

I think the important thing in the cup pattern is the handle, not the cup.

Therefore, it is important to see where the handle will be made.

The square box shown on the chart, i.e.
1st: 21023.14-21853.06
2nd : 19176.93-20591.13
I think there is a high possibility of forming a handle near the 1st and 2nd order above.


As mentioned above, predicting patterns is not good.

So, depending on how well you pick your support and resistance points, you'll likely gain the power to predict the course of the chart before these patterns form.


Difficult analytical techniques have their own analytical skills.

Therefore, it is important to study and become familiar with difficult analysis techniques.

However, if you do not properly select the support and resistance points, which are the basics of the basics of the chart, you will end up doing the wrong analysis no matter how well you know good analysis techniques.


The basis of chart study is to read the flow of the chart, but there must be support and resistance points in order to trade with the flow.

Therefore, in order to properly grasp the flow of the chart, it is necessary to study properly to draw support and resistance points.

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(BTCKRW 1D chart)
syot kilat
It is necessary to check whether there is movement out of the 27317000-29639000 section.

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- big picture
syot kilat
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.

** If you share this chart, you can use the indicators normally.

** The MRHAB-T indicator includes indicators that indicate points of support and resistance.

** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at (tradingview.com/script/OUA6XoS6-HeikinAshi-MS-Signal-HA-MS/).

(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)

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Nota
syot kilat
As USDT gaps higher, it is getting closer to 68.468B.

Therefore, it is judged that the global coin market is expected to rise.


In this situation, I think that the fall in the gap of USDC has the effect of limiting the rise of the coin market.

As USDT continues to gap higher, these effects are expected to be short-lived and dissipate.

However, if USDC falls below 39B by a gap, you should keep an eye on it as there is a possibility that funds that came into USDT will also exit the coin market.


Regardless of how funds flow, in short-term trading, whether USDT dominance falls or rises is the most important.

This is because the decline in USDT dominance is highly likely to lead to an uptrend in the coin market.


A decrease in BTC dominance means that funds are concentrated towards altcoins, so BTC dominance must decrease in order for altcoins to rise.
Nota
** The biggest reason for losing money in the investment market

This is because you do not see the chart, that is, the flow of price as it is, but interpret the chart with your subjective thoughts.

As the size of your investment increases, you need to plan your money management, but before that, it is most important to develop the ability to interpret charts objectively.


It is important that pre-constructed support and resistance points are established prior to trading in order to eliminate subjective thinking as much as possible.

Support and resistance points drawn after the price is moving or moving are likely to involve subjective thoughts, so I think it's meaningless.


The next thing you need is how to create a trading strategy at support and resistance points.

trading strategy
1. Investment period
2. Investment size
3. Transaction method and profit realization method
Reflecting the above, it is to select the buying, selling, and S/L points.


In order to predict the future, i.e. the end of the trend, we start by identifying whether there is support or resistance at the support and resistance points at the current price position.

These checks require at least 1-3 days of effort to check the movement.
(Therefore, it is important to check the movement of at least 1-3 candles.)

If this doesn't work, I don't think there's any way to predict movement tomorrow, week, month, or more.


So, it can be said that the beginning and end of chart analysis is to find support and resistance points and check whether they are supported or resisted at those points.
Nota
Support and resistance points are not always right.

The same goes for any analysis technique, analysis tool, pattern, etc.

However, support and resistance points are fundamentally necessary for any analysis method.

This is because it is very difficult to execute trades using analytical techniques without support and resistance points.


If you can construct support and resistance points yourself and trade using them with confidence, then you can be considered to have a good understanding of support and resistance points.

If not, it's best to put off studying other charts for a while and study the support and resistance points first.
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