Support zone : 64K-65233.64

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(USDT chart)
Snapshot

(USDC chart)
Snapshot

It appears that a particularly large amount of funds are flowing into USDC.

If the gap increase between USDT and USDC continues, the coin market is expected to continue its upward trend.


(BTC.D 1M chart)
Snapshot
The key is whether BTC dominance can meet resistance and decline in the 55.01-62.47 range.

A rise in BTC dominance means that funds are being concentrated towards BTC.

Therefore, if BTC dominance continues to rise, altcoins are more likely to show a weak upward trend or even decline.


(USDT.D 1M chart)
Snapshot
If BTC dominance falls below the 55.01-62.47 range and USDT dominance remains below 4.97 or shows a downward trend, I think there is a high possibility that the coin market will see a major uptrend.

If USDT dominance rises above 4.97 and remains, the coin market is expected to experience a significant decline.


It appears that the coin market is showing a fairly good flow of funds.

However, although there appears to be a possibility of a decline in the short term, it is expected that the upward trend is likely to remain.

If this fund flow is maintained, the coin market is expected to maintain an upward trend until 2025.

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(BTCUSDT chart)
Snapshot

(1M charts)
Snapshot
The key is whether support can be achieved above the upper point of the box of the HA-High indicator.

In other words, the key is whether support can be received around 64K.


(1W chart)
Snapshot
The HA-High indicator on the 1W chart was formed at 65233.64.

Therefore, the key is whether it can be supported and rise around 65233.64.

Accordingly, it is time to buy when support is confirmed around 64K-65233.64.


The volatility period on the 1W chart is before and after including April 29th to before and after including July 29th.

If the price holds above the important upward channel during this period, we expect it to rise to around 1.618 (88913.24).


Therefore, the 59K (56K-61K) section is an important section.

If it falls in this section,
1st: 53256.64
2nd: 42K-47K
You need to check if you receive support near the 1st and 2nd levels above.

The 42K-43K section is an important volume profile section, so if it shows support in this section, it is time to buy.


We are now entering a period of volatility on the 1W chart.

Therefore, we need to check the support zone and create a trading strategy accordingly.


(1D chart)
Snapshot
A period of volatility begins on the 1D chart.

Accordingly, the key is whether it can receive support and rise around 64K-65233.64.


If not, you should check for support in the 59K (56K-61K) range.

If it falls below 56K, you should check whether it is supported in the first and second sections marked on the chart.


To continue the upward trend, it must rise above 70231.38.

Therefore, you need to think about ways to realize profits by responding conservatively and earning profits or increasing the number of coins corresponding to profits.



Have a good time.
thank you

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- The big picture
Snapshot
The full-fledged upward trend is expected to begin when the price rises above 29K.

This is the section expected to be touched in the next bull market, 81K-95K.


#BTCUSD 12M
Snapshot
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15

These are points that are likely to encounter resistance in the future.
We need to see if we can break through these points upward.

Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched.

#BTCUSD 1M
Snapshot
If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern.
1st: 43833.05
2nd: 32992.55

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Anmerkung
What I am about to give you is an example of what your trading strategy should be based on.

(BNBUSDT 1D chart)
Snapshot
If the MS-Signal indicator rises above, you will feel psychologically anxious.

This is because there may be a feeling that if you don't buy now, it won't work.


When such psychological disturbances occur, a trading strategy is needed.

You have to choose where to buy and where to stop.

Looking at the current price position, the stop loss point is at 557.8.

The buy range, if possible, corresponds to the 557.8-576.4 range.

However, since the HA-High indicator is formed at the 588.9 point, it is expected that the upward trend will begin by rising above this point.

Therefore, a response plan is needed.


- When the MS-Signal indicator is a rising sign and the price is maintained above the MS-Signal indicator, you can buy when the candle on the 1D chart is a falling candle.

- When the MS-Signal indicator indicates a decline and the price is maintained below the MS-Signal indicator, you can buy when the candle on the 1D chart is a rising candle.

Currently, the price is maintained above the MS-Signal indicator, but the MS-Signal indicator is showing a downward trend, so it does not yet match what I said above.
Anmerkung
(BTCUSDT 1W chart)
Snapshot
When this week closes, we need to check whether the StochRSI indicator turns upward, exits the oversold zone, or becomes StochRSI > StochRSI EMA.

The key is whether it can receive support and rise near the 65661.84 point, which is the BW indicator point that forms the current horizon.

If not, the key question is whether the price can rise along an important upward channel.
Anmerkung
(BTCUSDT 1D chart)
Snapshot
The new trend line - 1 is displayed incorrectly.

The method of drawing a trend line is when the StochRSI indicator enters the oversold zone and when it enters the overbought zone.

A trend line is created between the high points by connecting the two points that rose to the overbought zone and formed the high point.

Additionally, a trend line between the low points is created by connecting the two low points that fell into the oversold zone and formed a low point.

However, the newly created trend line - 1 is a trend line drawn incorrectly because it includes a point that did not enter the overbought zone.


Snapshot
The incorrectly drawn trend line has been deleted.

The key is whether it can receive support near the MS-Signal indicator near 66401.82 and rise along the newly created trend line.

This volatility period lasts until April 23rd.


The HA-High indicator of the 1W indicator was created at the 65233.64 point, so if the price holds above this point, it is likely to renew the previous latest high.

However, since the HA-High indicator on the 1D chart is formed at the 70231.38 point, we need to check whether it can rise beyond this point.

Therefore, even if the price rises from the current price position, there is a possibility of resistance around 69K-70231.38.


Snapshot
Snapshot
Since funds are flowing into the coin market, we need to create a trading strategy based on the expectation that the upward trend will continue.
Anmerkung
(BTCUSDT 1D chart)
Snapshot
The period of volatility is over.
The key is whether it can rise above 66401.82, along the uptrend line.

If not, and it falls, you need to check if you can find support around 64K.

The next period of volatility is around May 1st.
Anmerkung
(BTCUSDT 1D chart)
Snapshot
As the downward trend line (2) was newly created, it formed a downward channel along with the downward trend lines (1) and (1-1).

Accordingly, around May 1st, the next volatility period.
- 65233.64 or higher
- Around 61K
- Around 56K
You need to check which of the three sections above provides support or resistance.

If the StochRSI indicator falls from the overbought zone and StochRSI < StochRSI EMA, this could lead to further declines.

If it shows support around 64K, it is expected to rise to around 69K.

(Renko 1D chart)
Snapshot
When it formed an upper tail and closed as a bearish candle, it showed further downtrend.

I think the movement around 64K is an important key to whether this pattern will continue this time or whether it can be broken.


(1M charts)
Snapshot
When looking at the movement of the 1M chart, that is, the movement of the StochRSI indicator, when StochRSI < StochRSI EMA, if there is no support near the second section, it may turn into a downtrend.

Therefore, you need to think about ways to respond to this.

This refers to the area where the finger is pointing and the movement of the corresponding StochRSI indicator.
Anmerkung
(BTCUSDT 1D chart)
Snapshot
The StochRSI indicator has fallen from the overbought range, and it appears that StochRSI < StochRSI EMA.

It can be said that movement around 64K has become more important because a trend reversal can occur when the StochRSI indicator touches the midpoint.
Anmerkung
(BTCUSDT 1D chart)
Snapshot
As it closed below 64K, the BW indicator touched the lowest point of the oversold range.

Accordingly, support around 64K is an important issue.

When the StochRSI indicator turns upward, rising from the oversold zone and StochRSI > StochRSI EMA, you need to check whether the price is maintained above 64K.

The next period of volatility is around May 1st.
Anmerkung
(BTCUSDT 1W chart)
Snapshot
The key is whether it can receive support and rise around 64K.

If not, we need to see if we can move up along an important upward channel.


(1D chart)
Snapshot
Since the BW indicator has formed a horizontal line at the lowest point of the oversold zone, the key is whether it can support and rise near the horizontal line of the BW indicator shown on the price chart.

Accordingly, you need to check whether it can rise above 64K.

If not, you need to check if it is moving within the downward channel consisting of downward trend lines (1)-(2).

If it falls below this downward channel, there is a possibility that it will fall to around 56K.

Therefore, as we pass through this volatility period around May 1st (April 30th - May 2nd), we need to check which circle section we reach.
Anmerkung
(BTCUSDT 1D chart)
Snapshot
This volatility period lasts until May 2nd.
You need to check which direction it deviates from the 61K-64K section.

In order to continue the upward trend
1st: 64K-65233.64
2nd: 70231.38 (HA-High indicator on 1D chart)
The price must be maintained by rising at least 1 or 2 times above.


(1W chart)
Snapshot
Even if it falls, it is important not to fall below the downward channel.

If there is movement within the downward channel, there is a high possibility that it will rise along the important upward channel of the 1W chart.


(1D chart)
Snapshot
Therefore, the movement between this period of volatility and the next period of volatility (around May 19th) is expected to be a key period for trend reversals.


(1M charts)
Snapshot
This is because it is expected that a full-fledged downward trend will begin only when it falls below the second range.

Therefore, all you can do in your current move is split trading to minimize your psychological disturbance.
Anmerkung
(USDT chart)
Snapshot

(USDC chart)
Snapshot

(1D chart)
Snapshot
USDC is showing a gap decline.

If USDT maintains the current level or shows a gap increase and USDC stops the gap decline, the coin market is expected to continue its upward trend.

Accordingly, we believe that BTC's volatility period until May 2nd is important.
Anmerkung
(BTCUSDT 1D chart)
Snapshot
I touched around 61K.

If it does not fall below the downtrend line (1), it is expected to rise near the downtrend line (2) in the near future.

If it falls below the downward trend line (1) or below 61K,
1st round: 59K
2nd: 56K
You need to check whether it can receive support and rise near the first and second levels above.

In particular, the key is whether it can rise along the upward trend line (3).
Anmerkung
I am constantly saying the same thing.

(BTCUSDT 1M chart)
Snapshot
A full-fledged downtrend is expected to begin when the price drops below the MS-Signal indicator (M-Signal on the 1M chart).

However, since it is currently located near the upper section of the box of the HA-High indicator, if it falls below the upper section, there is a high possibility that it will touch the HA-High indicator.

If BTC falls below the upper section of the box of the HA-High indicator, there is a possibility that a new HA-High indicator will be created, so you need to check at what point the HA-High indicator is created.


(1W chart)
Snapshot
If it falls below 59053.55, it will touch the MS-Signal indicator (M-Signal on the 1W chart).

Accordingly, the key is whether it can receive support and rise near the MS-Signal indicator (M-Signal on the 1W chart).


In order for a full-fledged downtrend to be maintained, the downtrend must be maintained by switching to a state where the M-Signal of the 1W chart < M-Signal of the 1M chart.

Therefore, it is highly likely that a downtrend will begin when it falls and stays below 53256.64.


(1D chart)
Snapshot
In order for a short-term downtrend to turn into an uptrend, it must rise and maintain at least the MS-Signal indicator (M-Signal on the 1D chart).

If not, it is likely to fall near the HA-Low indicator on the 1D chart.

However, if it continues to decline, a new HA-Low indicator is expected to be created, so you need to check at what point it is created.

The section where the HA-Low indicator is likely to be newly created is the 53256.64-59053.55 section.


Since the BW-PVT indicator has been at PVT < Signal since April 12, a strong buying trend is expected to begin when PVT > Signal.

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(USDT chart)
Snapshot

(USDC chart)
Snapshot

You can see that USDC is showing a downward trend, but the overall trend is maintaining an upward trend.

However, if USDT begins to show a downward gap, it is highly likely that a strong selling trend will begin, so caution is required when trading.


(BTC.D 1M chart)
Snapshot
It is located around the important section 55.01-62.47.

The key is whether it can meet resistance around 55.01-62.47 and show a downward trend.

The trend of the coin market is unknown, whether BTC dominance is rising or falling.

You can only tell whether the funds in the coin market are concentrated towards BTC or altcoins.

Therefore, BTC dominance allows you to know which side you should trade based on.

A rise in BTC dominance means that funds are being concentrated towards BTC.


(USDT.D 1M chart)
Snapshot
In order for the coin market to continue its upward trend,
- USDT and USDC must continue their gap upward trend.
- USDT dominance must remain below 4.97 or show a downward trend.
- BTC dominance must remain below 55.01 or show a downward trend.
I think there is a high possibility that the coin market will continue its upward trend when the three conditions above are met.

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(BTCUSDT 1M chart)
Snapshot
If you summarize the above, you can see that the important factor is whether it can receive support and rise in the second section.
Anmerkung
(BTCUSDT 1D chart)
Snapshot
This decline appears poised to meet the HA-Low indicator for the first time since it met on August 23, 2023.

Accordingly, if there is sideways movement around 56K-59K, the HA-Low indicator is expected to be created.


The creation of the HA-Low indicator means that a low point has been formed.

Therefore, if it is supported and rises near the HA-Low indicator, it is time to buy.

If this is not the case and it falls, there is a high possibility that it will show a cascading decline.

This cascading decline is likely to be a move to form a bottom, so you need to think about how to counter it.

(1W chart)
Snapshot
If it falls below 56K,
1st round: 53K
2nd: 44K-47K
3rd: 43K (42283.58)
You need to check which of the 1st to 3rd areas above is supported.

- If it falls below the 53K range, it will fall below the MS-Signal indicator of the 1W chart (M-Signal of the 1W chart), so there is a high possibility of a downward trend.

- The 43K-47K section corresponds to an important section where the psychological volume profile section and the important volume profile section are formed.

Accordingly, it is necessary to check whether trading volume increases significantly as you get closer to this section.
Anmerkung
(BTCUSDT 1M chart)
Snapshot
Due to this drop, the HA-HIgh indicator is showing signs of rising to around 46127.95.

Accordingly, we need to check whether the HA-High indicator is generated at the 46127.95 point.

If it falls in the second section, I think there is a higher possibility of touching around 46127.95, that is, around 46.1K-48K.

However, there is a possibility of a rebound around HA 5EMA, so a countermeasure is needed.


Since the MS-Signal indicator is formed in the 37.2K-43.1K range, it appears that there is still a long way to go before a full-fledged downtrend begins.

As mentioned above, if it falls below the second range, there is a high possibility that it will turn into a downward trend, so I think it is a good idea to secure some cash by selling it in installments.


(1D chart)
Snapshot
If the price swings up and down in the second section, the HA-Low indicator on the 1D chart is likely to be created, so the second section can be considered an important section for maintaining the upward trend.

This period of volatility runs until May 2nd.
Anmerkung
(BTCUSDT 1D chart)
Snapshot
This period of volatility runs until May 2nd.

If the HA-Low on the 1D chart is created, you should check for support near it.

After a period of volatility, the key is whether it can move up along important trend lines.

The next period of volatility is around May 19th.

At this time,
= 64K-65.2K
= 59K-61K
= 51.6K-53.2K
= 46.1K-48K
You need to check which of the ranges listed above the price maintains.
Anmerkung
(USDT 1D chart)
Snapshot

(USDC 1D chart)
Snapshot

Looking at the flow of funds, you can see that funds are flowing out of the coin market as USDC continues to fall in the gap.

Accordingly, this decline appears to be driven by the outflow of American capital.

I think that USDT is having a big impact in the coin market.

Therefore, unless USDT shows a downward trend, the coin market is expected to maintain an upward trend.

Therefore, if USDT maintains the current level or maintains an upward gap, I think it is highly likely that the decline in the coin market due to USDC will be temporary.

If the USDC gap stops falling, the coin market is expected to show an upward trend in the near future.
Anmerkung
(BTCUSD 1D chart)
Snapshot
The HA-Low indicator appears to be forming at the 62789.99 point.

Accordingly, we need to check whether the HA-Low indicator is generated at the 62789.99 point.

If that happens, the key is whether support can be found around 62789.99.

If it falls without support, it is expected to renew the previous low, so caution is required.

More details will be provided after the HA-Low indicator is formed.
Anmerkung
(BTCUSDT 1D chart)
Snapshot
For the first time since the new HA-Low indicator was created on August 23, 2023, it appears that the HA-Low indicator is about to be created again.

Accordingly, we can see that a low point has begun to form.

However, it is not yet known whether the low point will form a bottom section.

This is because you can only know that a bottom section has been formed when it forms a bottom section and begins to rise.

Therefore, after the HA-Low indicator is created, it is necessary to check whether there is support near HA-Low.

Checking for support is a tedious and difficult task.

Usually, it takes about 1 to 3 days to check whether or not there is support.

After that, you can see whether it will continue sideways or form a trend.

Therefore, after the HA-Low indicator is created, it is necessary to check how the box section is formed and whether the box section is expanded upward or downward.


When doing this check, if the MS-Signal indicator (M-Signal on the 1D chart) is nearby, you should check whether it rises above the MS-Signal indicator (M-Signal on the 1D chart) and stays below it. do.

This is because the MS-Signal indicator (M-Signal in 1D charts) is an indicator that allows you to know the trend.


If we interpret the above in accordance with the current chart movement, it is as follows.

- You need to check whether the HA-Low indicator is generated at point 62791.03.

- If the HA-Low indicator has been created, you should check for support near it.

- Currently, the MS-Signal indicator (M-Signal on the 1D chart) is passing near the HA-Low indicator, so it is necessary to check whether the price remains above the MS-Signal indicator (M-Signal on the 1D chart) when the HA-Low indicator is created. do.

- The 64K-65233.64 section is an important section, so you need to check whether the price maintains by rising to this section or higher.

- If not, you should check whether there is movement within the downward channel formed by downward trend lines (1) to (2).

- The next period of volatility is around May 19th, so we need to see if the price holds above important trend lines.


More details will be provided tomorrow in the expected weekly flow.
Beyond Technical AnalysisBitcoin (Cryptocurrency)BTCbtcdominanceBTCUSDBTCUSDTHA-MSTechnical IndicatorsTrend AnalysisUSDCusdtusdtdominance

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