Important section: 65233.64-70231.38

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(USDT 1D chart)
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USDT is expected to gap up.

(USDC 1D chart)
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USDC is also expected to increase its gap.

I believe that the rising gap between USDT and USDC is a sign of funds flowing into the coin market.


(BTC.D 1M chart)
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Rising BTC dominance means that funds are being concentrated towards BTC.

Therefore, if BTC dominance maintains an upward trend, altcoins are likely to sideways or decline.

In particular, if the altcoin rises beyond the 55.01-62.47 range, it is highly likely that the altcoin will see a larger decline, so you need to think about countermeasures against this.


(USDT.D 1M chart)
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A falling USDT dominance means that the coin market is likely to rise.

However, you need to check it comprehensively with BTC dominance.

Therefore, if USDT dominance shows a downward trend while BTC dominance maintains an upward trend, caution is required when trading altcoins as only BTC may form a rising market.


In order for the coin market to show an overall upward trend,
- BTC dominance remains below 55.01 or shows a downward trend,
- USDT dominance must remain below 4.97 or show a downward trend.

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As funds flow into the coin market, altcoins, including BTC, are also showing an upward trend.

However, since BTC dominance maintains an upward trend, it is highly likely that altcoins will not be able to keep up with BTC's rise and will gradually move sideways or even decline.


(BTCUSDT 1M chart)
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It appears that it has touched the second section and is trying to rise to the first section.

If the price is maintained above the second section, which is the most important section on the 1M chart, it is expected to continue its upward trend.


(1W chart)
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If the price remains above the important upward channel, the upward trend is expected to remain.

The HA-High indicator on the 1W chart is formed at 65233.64, so if the price holds above this point, there is a possibility of renewing the previous latest high.

However, since the previous latest high is the new high (ATH), caution is required when trading.


As this corresponds to the current period of volatility on the 1W chart, we need to check whether the price holds above the important rising channel and above the 56K-61K range until around the week of July 29th.

If not, and it falls, there is a possibility that it will ultimately fall to around 42K-43K.

Accordingly, it is necessary to check whether support is received around 53256.64 or 44200-47600.


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If the uptrend is maintained by renewing the previous high point, the target range is expected to be around 1.618 (88913.24).


(1D chart)
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It is currently rising along the formed short-term upward channel.

In order to show a full-fledged upward trend, the price must be maintained by rising above the HA-High indicator on the 1D chart.

Currently, the HA-High indicator on the 1D chart is formed at 70231.38.

Therefore, the area around 69K-70231.38 could be a resistance area.

If we interpret this differently, if it shows support around 70231.38, it can be interpreted as the last buying period before a full-fledged uptrend begins.

Therefore, in order to buy at the last buying period, you must have bought when it was supported and rising near the HA-Low indicator.

If not, there is a possibility that you may feel psychologically uneasy when purchasing around 70231.38.

If you buy with psychological anxiety like this, you may proceed with the transaction erratically, so you need to be careful.


Fortunately, the HA-High indicator on the 1W chart is currently formed at 65233.64.

Accordingly, from a mid- to long-term perspective, the current price position, that is, around 65233.64, corresponds to the last purchase period and thus is the buying period.


This period of volatility will be around May 19 (May 18-20).

Therefore, we need to see if the price can be maintained above 69K after this period of volatility.

If not, and it falls below 65233.64, you should touch the important trend line, i.e. around 62791.03 and see if it rises.


The box section of the HA-High indicator on the 1D chart spans 65086.86-72797.99.

Therefore, even if the price rises above 70231.38 and maintains the price, there is a possibility of resistance around 72797.99, so caution is required when trading.


Currently, the BW indicator appears to have touched the highest point of the overbought range.

You can see that the strength of the rise is that strong.

However, since the StochRSI indicator has also risen to the overbought range, the key is whether support can be received at the support and resistance points indicated on the current chart.

Therefore, support around 66401.82 ~ 1.13 (67031.36) is expected to be an important issue.


Have a good time.
thank you

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- The big picture
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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
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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
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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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Nota
(BTCUSDT 1D chart)
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In order for a block on the Renko chart to be created, it must rise above 68000.

Therefore, the block has not been created yet.

What this means is that there is a high possibility that it will decline at any time.


(1W chart)
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We need to check if this week's candle will close at the current price range, with StochRSI > StochRSI EMA.

At this time, if the StochRSI indicator rises from the oversold range, there is a high possibility that it will rise further.


Since the HA-High indicator on the 1W chart is formed at the 65233.64 point, it is expected that the price will continue to rise if it is maintained above this point.


(1D chart)
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This period of volatility runs until May 20th.
Nota
(BTCUSDT 1D chart)
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The key is whether the box section of the HA-Low indicator and the HA-High indicator overlap, that is, whether it can be supported and rise around the 65086.86-66444.16 area.

If supported and rises,
1st: 70231.38
2nd: 72797.99
You need to check for support around the first and second rounds above.

If you do it after receiving resistance,
1st: 62791.03
2nd: 58811.32
You need to check for support around the first and second rounds above.


The point where the BW indicator levels off at its highest point is 67024.0.

Therefore, from a day trading perspective, you can start trading when it breaks above the 67024.0 point.


When trading with my charts and indicators, the above interpretation method is the most basic interpretation method.


The chart below is designed for chart analysis and detailed split trading.
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This period of volatility runs until May 20th.
Beyond Technical AnalysisBitcoin (Cryptocurrency)BTCBTCUSDBTCUSDTBTCUSDTPERPHA-MSTechnical IndicatorstradingstrategyTrend AnalysisUSDCusdt

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