Bitcoin (BTC) - December 1

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(USDT 1D chart)
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(USDC 1D chart)
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(BTC.D 1D chart)
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Rise of BTC Dominance: Concentrate funds towards BTC
Fall in BTC Dominance: Concentrate Funds towards Altcoins

Next period of volatility: Around December 5th


(USDT.D 1D chart)
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In order for the coin market to show an upward trend, USDT dominance must fall.

So, the question is whether it can drop to around 7.86.


In a situation where the flow of funds is not very good, I think that the rise of the coin market is likely to be a rebound to further decline.

Therefore, you need to think of ways to reduce the number of coins (tokens) you own.

I think the point at which the coin market seems to be on the rise is when USDT dominance fell to around 7.27.

Therefore, at this time, if you do not see funds flowing into the coin market, you should be careful as you may not be able to continue the upward trend and form a high point.

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(BTCUSDT 1W chart)
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If price maintains the 17176.24-17572.33 area, next week's Heikin Ashi candle is likely to open higher.

So, the question is whether the price can sustain it by moving above 17176.24.


If not, you should check for support around 15916.68.

Currently, the MS-Signal indicator on the 1W chart is located around 20050.02.

By next week, it is expected to drop to 19K.

Therefore, more upside or a longer time frame is needed to turn to the mid- to long-term uptrend.


(1D chart)
In order to turn into an uptrend on the 1D chart, the price must be maintained by rising above the HA-Low and above the MS-Signal indicator.

So, if it rises above 17176.24 and holds the price until the MS-Signal indicator turns into an upside sign, there is potential for an uptrend.


If not, you need to make sure it is supported in the 16428.78-16740.30 range or higher.


If we don't see any new money coming into the coin market, we think the downtrend line (1) is likely the point of maximum upside.

Therefore, it is necessary to check whether the gap rises with USDT and USDC.


Circled zones mark important support and resistance zones.

In this section, the trend may change depending on whether it is supported or resisted, so it is necessary to observe the movement carefully.


The next period of volatility is around December 7th.


This is the day when a new candlestick is created on the 1M chart.

Accordingly, the 1M chart will be uploaded as an idea update.

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- big picture
I think you need to be supported in the 13K-15K section to get the power to rise.

Therefore, whether it is rising or falling from its current position, a short-term response is required.

A full-fledged uptrend is expected to start when it rises above 29K.

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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.

** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).

(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
(NAS100USD + DXY + XAUUSD 1D Chart)
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The key is whether it can be supported by rising to the 12119.2-12718.6 section on the NAS100USD chart.

If it doesn't fall below 11366.9, I expect there will be stocks showing their own uptrend.
Nota
(BTCUSDTPERP 1h chart)
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Nota
When creating a trading strategy, the most important thing is always the investment period of the coin (token) you want to trade.

It is not easy to set the exact investment period, but I think you can roughly set the investment period such as same day, short and swing, medium and long term.

Accordingly, a basic trading strategy must be established, whether to trade the corresponding coin (token) for cash profits, or increase the number of coins (tokens) corresponding to the profit and sell them later in the rising market.

If you set the investment period of the corresponding coin (token), you need to think about the proportion of investment.

It is recommended that you trade with a relatively regular bankroll size when you intend to trade with relatively short investment windows such as day, short and swing.

For example, it is recommended to allocate funds so that transactions can be carried out in 1-3 coins (tokens) with a fixed amount of money, such as 1 million won ($1000), 2 million won ($2000), and 3 million won ($3000).

And, in a long investment period such as mid-term or mid-term, it is recommended to invest by allocating the size of funds in proportion.

If you invest in too large a percentage from the beginning, you should be careful as you may suffer from price volatility as the investment period lengthens.

Therefore, before the full-fledged upward trend begins, invest about 10%-30% of the total funds, and when the full-fledged upward trend begins, increase the funds ratio within the range of not rising more than 70% of the total funds Increase your investment.

As I have always said, if you proceed with a purchase, you must sell some of it at the first selling point to recover the original amount of the purchase.

Otherwise, you may suffer from the psychological pressure that can arise from holding it for a long period of time.

By circulating a certain amount of funds, you can escape from the pressure on operating funds to some extent from the psychological anxiety that can occur due to price volatility.


Currently, new funds are not coming into the coin market, but rather are showing an outflow.

In this situation, the rise in price is likely to be an increase to further decrease, so I think it is time to think about ways to reduce the number of coins (tokens) you have.
Beyond Technical AnalysisBitcoin (Cryptocurrency)BTCbtcdominanceBTCUSDBTCUSDTBTCUSDTPERPTechnical IndicatorsTrend AnalysisUSDCusdtusdtdominance

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