The volume profile section being created on the 1M chart

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** Analysis of the BTC chart publishes new ideas once a week.
** However, we publish new ideas when volatility occurs or when we show signs of diverging from our expectations.
** Excluding the above situation, BTC analysis is listed as a daily update.

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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


It is showing sideways after USDT volatility.

USDC has been showing signs of stopping its decline and moving sideways since around April 3rd.

If USDT maintains its upward trend, the coin market is expected to continue its upward trend.

However, I think that the increase can be increased only when USDC turns into an upward trend.


If you look at the USDT chart, you can see that it will rise to around the previous high.

Therefore, it can be said that the coin market's funds are almost recovered.

However, due to the decline of USDC, I don't think the coin market has entered a full-fledged uptrend yet.


You have to look at the market thinking that BTC dominance will rise.

An increase in BTC dominance means that funds will be concentrated towards BTC.

Therefore, regardless of whether BTC price rises or falls, altcoins will gradually move sideways or decline.


On the USDT dominance chart, you need to see if it can fall below the downtrend line (2) and uptrend line (1).

If not, USDT dominance is expected to show an uptrend.

Therefore, we need to keep a close eye on movements that deviate from the 6.85-7.27 range.

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(BTCUSDT chart)
Snapshot


(1W chart)
Snapshot
If the price holds around 26574.53, I would expect a move above 32259.90.

However, as the HA-High indicator rises, the possibility of being created is increasing.

Therefore, if the HA-High indicator moves and is created, it is necessary to check whether it is supported or resisted near that point.


Looking at the 1M chart, a volume profile is formed around 28923.63.

As it rises around 28923.63 this time, a volume profile section is being formed again at the 28465.36 point.

So, the question is whether the price can sustain it by rising above 28465.36-28923.63.



(1D chart)
Snapshot
The volume profile section mentioned in the description of the 1W chart is displayed on the chart.

We need to check if we can break through the volume profile section that is being created over the 28465.36-28923.63 section.

The remaining volatility period is until April 11th.


It can be seen that the current trading volume of this chart, the BTCUSDT chart, has sharply decreased.

Therefore, if this sideways sideways is prolonged, it is expected that fear will build up in the market.


The MS-Signal indicator is rising to around 27662.82.

So, if it fails to rise above 28465.36-28923.63 and sees frequent dips around 27662.82, I would expect a decline around 26574.53.


(BTCUSD chart)
Snapshot
Binance charts are showing sharp volume declines, so let's take a look at TradingView's index charts to see the overall volume distribution.

It can be seen that the trading volume is gradually decreasing.

So, it will be a matter of whether there is a move out of the 26565.12-29234.0 zone during this sideways period.

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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.

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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
(BTCUSD chart)
Snapshot

When it rises to the point 35041.11,
- Up about 66.73% from the HA-Low indicator on the 1M chart
- Up about 43.95% on the HA-High indicator of the 1W chart

It rises as above.

Depending on the closing position of the month of April, I think we can tell if the RSI indicator on the 1M chart will enter the overbought zone.

It is meaningful that the RSI indicator enters the overbought zone because it affects the HA-High indicator.

In order to start a full-fledged uptrend, it must rise above the HA-High indicator on the 1M chart, so there is a possibility of a shake in the current section of the 1M chart's HA-Low indicator ~ 37308.48.


(1D chart)
Snapshot
The 29234.0 point is the stop loss for the 32291.01-37308.48 segment.

Therefore, if it rises to around 32291.01 and then falls below 29234.0, you should split or sell or stop loss and check the situation.


As always, there is the possibility of making the mistake of modifying a pre-determined trading strategy as the movement comes out more than expected.

Therefore, in order to alleviate these problems to some extent, you must become familiar with split trading.


When BTC starts a full-blown uptrend, altcoins will gradually move sideways or decline.

However, when BTC goes sideways and starts to rise, altcoins will also rise along with it, but it is likely to show a downward trend in the end.

Therefore, when BTC starts to rise in earnest, it is recommended to buy altcoins when the decline is as large as possible.


The method of buying based on the MS-Signal indicator mentioned previously can also be used.

However, this method must be carried out as a split purchase.

Therefore, you should proceed with the purchase with the idea of increasing the number of coins (tokens) you have rather than thinking about the average purchase price.


Since BTC has risen above 29K, it is recommended that those who bought BTC or ETH below 29K watch the situation until the 37K part and do not proceed with additional purchases.

For additional buying, I think you need a strategy to divide and buy when the price drops significantly after rising by 27K or more, or when it drops by -10% or more.

Also, expensive coins (tokens) such as BTC or ETH can be split and sold when they rise by more than +30% after buying.

This divisional sale is a method of selling as much as the principal amount for each unit price purchased, leaving the number of coins (tokens) corresponding to the profit.

Altcoins can use the above method when they rise by more than +10%.

This trading method is a trading method that can relieve the risk of holding funds while increasing the number of coins (tokens) held.


The holding period of the coin (token) differs depending on the investment period of the transaction.

Therefore, only you know how to proceed with the transaction.

However, I think the most important thing is how to reduce the risk that occurs during the transaction.
Anmerkung
(BTCUSDT 1D chart)
Snapshot
Point 30105.25 is the point plotted by the Trend-Based Fib Extension tool on the 1M chart.

The corresponding trend is plotted as a downtrend.
(Show selection points: tradingview.com/x/be1Hqqy7/)


The important thing is that the volume profile section formed in the 28464.36-28923.63 section broke upward at once.

Therefore, if the price stays above 28923.63, it is expected to rise to the 32259.90-37253.81 zone, the starting zone for the start of a full-fledged uptrend.


Therefore, if it rises above 37253.81, it is expected to surge.

If it loses support in the 32259.90-37253.81 section and falls below 28923.63, it is expected to reverse the trend, so the 28923.63 point is the stop loss point.


Both the 1D and 1W charts formed an upward trend, but the 1M chart has not yet formed an upward trend.

(1M chart)
Snapshot
In order to form an upward trend, it must rise above the HA-High indicator, so it must rise above the current HA-High indicator point of 43823.59 or shake it up and down to make the HA-High indicator fall.

However, since the RSI indicator involved in the creation of the HA-High indicator did not enter the overbought zone, we need to check where this candle closes.


Therefore, when it shows support in the HA-High indicator of the 1M chart, it can be said that it is the beginning of a real full-fledged uptrend.
Anmerkung
To trade altcoins, it is recommended to check the charts of the BTC market first.

It is not necessary to check the BTC market charts when trading day trading, but it is recommended to check the BTC market charts for longer investment periods than short-term trading.

The reason is that it can determine the upside potential of altcoins compared to the price of BTC, which is the key currency of the coin market.

For example, if the ETHBTC chart maintains an uptrend, even if the ETHUSDT chart shows a downtrend, it will eventually push the ETH price up.


In the case of day trading, there is no need to check because it is a transaction that buys when it shows a support and resistance point or section where it will surge, and sells it when it rises.


Since the reference data for each investment period is different, how to set the investment period is the first thing to consider when creating a trading strategy.
Anmerkung
(BTCUSDT 1D chart)
Snapshot
The key is whether it can be supported around 28923.63-30105.25, section C, and rise above 32259.90.

If it falls below 28465.36,
1st: 27662.82
2nd: 26574.53
You need to check if it is supported in the vicinity of the 1st and 2nd order.
Anmerkung
(BTCUSDT 1D chart)
Snapshot

(BTCUSDT.P 1D chart)
Snapshot

After attempting an upward breakout around 30105.25 (BTCUSDT chart) and 30000.5 (BTCUSDT.P chart), it is showing sideways movement.

Therefore, we need to see if there is support or resistance near the above point by Saturday.

If there is support near the above point, it is expected that it will show an uptrend soon.

Conversely, if it shows resistance, it is expected to show a downtrend.

Checking support and resistance is tedious and exhausting, but it is recommended to check the movement for at least 1-3 days.
Anmerkung
Snapshot
It rose above 30105.25 and entered the third day.

Therefore, it is important to check whether the 30105.25 point is supported or resisted for at least 1-3 days.

While it is not really possible to pinpoint how long a stock will go sideways, it is usually possible to discern its direction if it goes sideways for at least 1-3 days.

Therefore, during these sideways, it is essential to check whether the trading strategy can be continued by modifying or editing the trading strategy while checking the movement of various indicators.


It is important to keep the big picture trading strategy in place before buying.

In addition, according to price fluctuations, you need to modify and edit detailed division trading points to proceed with trading according to the trading strategy of the big picture.

If you stray from the big picture trading strategy, you should discard your trading strategy and check the situation.

If your big picture trading strategy is discarded, it is important to wait for a wave to pass.


The 28923.63 point in the big picture is the stop loss zone.

Therefore, the 28465.36-28923.63 section, which is the newly formed volume profile section, is the stop loss section.


And, if it rises above the 32259.90-37253.81 section, it is expected to form a full-fledged upward trend.

Therefore, trading in the current price range is quite risky, so I think it's good to take time to review your trading strategy once again while checking the situation for a while.
Anmerkung
Snapshot
It rose above 30105.25, showing a 3-day sideways trend.

Accordingly, it was confirmed that it was supported around 30105.25.

Therefore, aggressive buying is possible around 30105.25.


The task of determining if it receives support or resistance is tedious and laborious.

However, watching the situation for at least 1-3 days gives you a good opportunity to check your own trading strategy.


However, since it is located below the most important section of the current price position, 32259.90-37253.81, I think the risk is very high to proceed with a full-fledged purchase.

Therefore, I think it is better to aggressively buy around the current point, 30105.25, and then proceed with buying when it rises above 32259.90 and is confirmed to be supported.

Stop loss points are 28465.36-28923.63.


The meaning of the stop loss point is for those who made purchases above 28465.36.

For those who bought below 28465.36, it means that if the yield per purchase unit price is 30% or more, you can increase the number of coins corresponding to the profit by selling as much as the original purchase price for each purchase unit price.


Coins (tokens) with high prices, such as BTC or ETH, can only be purchased and then sold.

To reiterate the above, it is not possible to trade in cash profits by selling your coins at a certain percentage (eg 50%, 25%) because the price is likely to fall with resistance.

If you want to get cash gains, you should sell when it is up at least 50%.


When altcoins, that is, coins (tokens) with a low price, have a profit of 10% or more,
1. Buy then sell
2. Buy after Sell
Both methods 1 and 2 can be traded.
Anmerkung
(BTCUSDT 1D chart)
Snapshot
The HA-High indicator is looking to be created at 29916.79.

If the HA-High indicator forms and shows support at the 29916.79 point, it is expected to lead to further upside.


(BTCUSDT.P 1D chart)
Snapshot
Beyond Technical AnalysisBitcoin (Cryptocurrency)BTCbtcdominanceBTCUSDBTCUSDTBTCUSDTPERPTechnical IndicatorsTrend AnalysisUSDCusdtusdtdominance

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