Whether it can rise above 30181.8 is important

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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)
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(USDC chart)
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(BTC.D chart)
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(USDT.D chart)
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USDT is still in an uptrend and USDC is in a downtrend.

Accordingly, the coin market is likely to continue its upward trend.

However, due to the continued decline of USDC, there is a possibility that the range of increase may be limited or a sharp decline may occur.

This move is expected to create a market that could attract new buyers.


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

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


A drop in USDT dominance is likely to lead to a rise in the coin market.

It is necessary to check if it can fall below 6.21 along the downtrend line (2) around April 22 (April 21-23), which is the volatility period of the USDT dominance chart.

Otherwise, if it rises above the upward trend line (1) or above 6.85, it is judged that there is a possibility of a sharp decline in the coin market.

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(BTCUSDTPERP chart)
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(1W chart)
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It is good to publish the contents of the trend line and the volatility period display separately as an idea, but I added it to the BTC analysis with the intention of providing more informative information to those who consistently see my ideas.

The trend line is created by connecting the vicinity of the vertices of the StochRSI indicator in the 'Strength' indicator, which is an indicator.

However, it is only drawn on 1M and 1W charts.


If you draw as above on a 1D chart, you can display a trend that can be used by those who trade day trading.

To take advantage of this, you can check it on the time frame chart you are trading, that is, the 4h, 1h, 30m, and 15m charts.

So, unless you are doing day trading, you don't need to draw a trend line on a 1D chart.


The settings for StochRSI are 14, 7, 3, 3 (RSI, Stoch, K, D).

You can connect the low points of the points corresponding to the vertices of the low points of the StochRSI indicator.

However, the openings of the falling candlesticks near the peaks are drawn by connecting them.

You can refer to the circled candlestick and the StochRSI indicator.

If possible, the peaks of the highs connect to points with a StochRSI value of 50 or greater, and the vertices of the lows connect to points with StochRSI values of 50 or less.


Then, the intersection point of the horizontal line formed by the indicator drawing the support and resistance points included in the HA-MS indicator is designated as volatility.

However, when defining the volatility period, priority is given in the order of 1M > 1W > 1D chart.

In order to make the indicators that others create your own, you must invest a lot of time and observe them.

If you use it right away without such a process, you need to be careful because it can lead to wrong transactions.


(1D chart)
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The HA-High indicator on the 1D chart was created at 30181.8 and fell below that point.

Therefore, it is important to be supported near the MS-Signal indicator and to be able to rise above 30181.8.


If it falls below 28951.7, there is a possibility of a decline around 26907.0-27656.1, so you need to think about how to deal with it.

Since a volume profile section is being formed around 28454.9 on the 1M chart, there is a possibility that it will touch around 28454.9 and rise.


If this time it rises above 30181.8 and holds the price, it is expected to rise above 32275.6.


If it rises above 28951.7 and then falls below 28951.7, it is good to see how it turns.

Because the 28951.7 point is the stop loss point for the 32275.6-37243.4 section.


(1h chart)
The explanation of the 1h chart is about trading in a short period of time that corresponds to scalping and same-day trading among the above.

In this story, whether BTC goes up or down is not the focus.

Therefore, you should not view and interpret this content with a mid- to long-term perspective.


By touching 5EMA on the 1D chart, the position entry section that requires quick response has been changed.

- 'LONG' position that requires quick response
1. Entry: 30000.5-30181.8
2. 1st: around 30971.3
3. Close of trade: around 32275.6

- 'SHORT' position that requires quick response
1. Entry: 28951.7-29242.2
2. 1st: Around 28454.9
3. Secondary: around 27656.1
4. Trade close: around 26907.0


The previous full position entry is still valid.

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(BTCKRW chart)
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The HA-High indicator on the 1D chart was created at 39579000 and fell.

Therefore, it is necessary to check the flow for at least 1-3 days.

If it drops below 37585000 during the flow check, it could touch around 35539000, so you need to think about countermeasures against it.

If price continues to rise above 39579000, I would expect a rise around 43791000.

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- big picture
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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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Nota
It is like a position entry section that requires a quick response.

Since the maintenance of the 'SHORT' position is expected to be short, it is recommended to respond in the part of the trading strategy that requires a quick response when entering the 'SHORT' position.

A full-blown 'LONG' position is defined as a larger upside than a fast response position trading strategy.


- Full-fledged 'LONG' position (black letters): 'L1'
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- Full-fledged 'SHORT' position (black letters): 'S1'
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The section between 'S2' ('S1') and 'L2' ('L1') is a box section for high leverage.
Nota
(BTCUSDT.P 1h chart)
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If resistance is confirmed near 'S1', 'S2', and 28951.7-29242.2, it is possible to enter the 'SHORT' position.

However, since it is understood that funds are continuously flowing into the coin market, the fluctuation range of 'SHORT' is expected to be small, so a quick response is expected.
Beyond Technical AnalysisBitcoin (Cryptocurrency)BTCbtcdominanceBTCUSDBTCUSDTBTCUSDTPERPTechnical IndicatorsTrend AnalysisUSDCusdtusdtdominance

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