Creating a platform for an uptrend turnaround on the 1M chart

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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)
Snapshot

(USDC chart)
Snapshot

(BTC.D 1W chart)
Snapshot

(USDT.D 1D chart)
Snapshot

USDT is trending higher, while USDC is trending lower.

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.


BTC dominance is expected to continue to rise.

Therefore, when BTC dominance rises to around 50.49, you should check the position of BTC.

Currently, it is showing resistance around 47.64-48.80.

The reason why BTC dominance should rise could be the BTC halving next year.

Also, this is because the rise in BTC dominance will be an opportunity to revitalize the coin market.

The rise in BTC dominance can only tell you the degree to which funds are concentrated towards BTC or altcoins, but cannot be used to predict price movements.

Therefore, to see the price volatility of the coin market, you need to check the USDT dominance.

It can be interpreted that a drop in USDT dominance is highly likely to lead to an increase in the coin market.


The volatility period runs through March 31st.

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(BTCUSDT chart)
Snapshot

(1M chart)
Snapshot
We need to see if we can move above 28923.63 and keep the price above the MS-Signal indicator.

Keeping the price above the MS-Signal indicator is important because from a trend perspective, it is expected to continue the uptrend.


What is important to look at on the 1M chart is when the HA-High indicator will decline.

To do so, the RSI indicator (Closing price of Heikin Ashi) must enter the overbought zone.

Due to the rise in March, we need to see what happens to the value of the RSI indicator in April.


The current position of the HA-High indicator is 43823.59.

Therefore, it may rise as it is and rise to around 43823.59, but since I think that is unlikely, the HA-High indicator is expected to show a decline.


When the price rises above the HA-High indicator on the 1M chart and maintains the price, it is expected that the full-fledged upward trend for next year's upward growth will begin.

In this full-fledged uptrend, it is expected that altcoins will gradually fail to follow the rise of BTC and either sideways or decline.

Therefore, you should pay attention to the change in slope.

This move is likely to continue around 43K, so you should take advantage of it when trading altcoins.


(1W chart)
Snapshot
You need to check the shape of the candle.

The current shape of the candle is the shape of a doji candle.

Accordingly, it becomes important whether it is supported around 26574.53.

If it falls below 26574.53, there is a possibility of falling to the vicinity of the HA-High indicator.


(1D chart)
If it finds support around 27662.82, it is likely to continue its uptrend.

So, the question is whether it can hold the price above 27662.82 and rise above 28923.63.


If not,
You need to make sure it is supported around 26574.53 (26013.28-27079.41).


Section 28923.63-30105.25 corresponds to Section C.

If it rises to this section C, it can be interpreted that it is completely out of the bottom section.

However, it is necessary to confirm whether the price will be maintained above section C.


If you ascend to section C, you can see that the bottom section was made over a period of about a year.

If you fail to ascend, there is a possibility of falling to the vicinity of section B, so you should think about countermeasures against this.

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(BTCKRW chart)
Snapshot
The question is whether the price can sustain its rise above 37585000.

If not, you need to check if the price stays around 36412000.


if it goes down,
1st: 35539000
2nd : 31024000-32042000
You need to make sure that it is supported in the vicinity of the 1st and 2nd above.

The next volatility period has been moved to around April 2nd.

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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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Anmerkung
Snapshot
For the first time, it looks like it is about to turn into a downtrend.

Accordingly, it is necessary to confirm whether it will fall to the vicinity of 78.678B.


Snapshot
USDC is down more than -20%.


USDT is a stablecoin that has many trading pairs on the coin market.

Therefore, it is expected that the rising trend of USDT will be the driving force for the coin market to rise.

Therefore, we need to make sure that USDT continues to rise.
Beyond Technical AnalysisBitcoin (Cryptocurrency)BTCbtcdominanceBTCUSDBTCUSDTBTCUSDTPERPTechnical IndicatorsTrend AnalysisUSDCusdtusdtdominance

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