You need to make sure you can get support at point 44520.98.
If it falls, you need to make sure you get support in the 40169.80-41257.59 range.
We need to see if it can rise along the uptrend line (7).
If it falls at 33949.53, a short stop loss is required. However, there is a lot of difference from the current price location, so you need to think about how to respond to the point of 33949.
If it falls in the 27079.41-29300.0 interval, it is expected to turn to a downtrend, so you need to think about how to respond.
If it is supported at 44520.98, it is expected to rise to the 47784.37-48872.16 section and re-determine the flow of BTC.
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(OKEX BTCUSDT 1D chart) Make sure you can get support at point 44109.2. If it falls, you need to make sure you get support at 39799.9-40877.3.
If you decline at 34559.3, you need a short stop loss. However, it shows a lot of difference from the current price position, so you need to think about how to respond to the point of 34559.3.
If it falls in the 28165.8-29309.0 interval, it is expected to turn into a downtrend, so you need to think about how to respond.
If it is supported at 44109.2, it is expected to rise to the 47341.2-48418.5 section and re-determine the flow of BTC.
(Coinbase BTCUSD 1D chart) You need to make sure you can get support at point 44617.82. If it falls, you need to make sure you get support in the 40254.38-41345.24 range.
If it falls from 34030.64, a short stop loss is required. However, there is a lot of difference from the current price location, so you need to think about how to respond to the point 34030.64.
If it falls in the 27040.36-29321.90 range, it is expected to turn into a downtrend, so you need to think about how to respond.
If it is supported at 44617.82, it is expected to rise to the 47890.40-48981.26 section and re-determine the flow of BTC.
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(BTC Dominance 1D Chart) As the BTC price surged, the BTC dominance rose. Until the price of BTC plunges, I think this is a temporary phenomenon. Dominance has the potential to touch up to 67.44 points. If it rises above the 67.44 point, I think it is highly likely that altcoins are in a downward trend.
However, I think it is better to touch the M-Signal line of the 1W chart and fall.
We believe that rising or falling BTC dominance affects the rising and falling prices of altcoins.
If BTC dominance and USDT dominance rise together, the coin market could turn into a downtrend, so careful trading is necessary.
(USDT Dominance 1D Chart) Between February 3 and 16, we have to watch for movements that deviate from 2.187-2.842.
We'll see if we can get resistance at the uptrend line (1) and move below the 2.187 point.
(All Period) Touch the uptrend line (1) and you can see the USDT dominance rising. As such, I think the uptrend line (1) has an important meaning.
With two large gap rises, it seemed that it would never be possible to touch the uptrend line (1) again, but it is now falling below the uptrend line (1).
As a lot of money has entered and used the coin market, the price of coins is showing a lot of rise.
If you look at the previous trend, the current coin market can be a period in preparation for a decline. Accordingly, careful trading is necessary.
** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Hence, the interpretation is the same as the conventional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closed price G2: Market price at the time of opening (Example) Gap (G1-G2)
注释
(BTCUSDT 1D chart) You have touched the 47784.32 point or higher.
(XBTUSD 1D chart) You have touched more than 47996.5 points.
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There may be drastic movements, so be aware of volatility.
注释
(BTC Dominance 1D Chart)
(USDT Dominance 1D Chart)
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Funds are moving towards altcoins. We need to watch the USDT dominance move.
It remains to be seen if the USDT dominance can get resistance and decline at 2.187. If it rises above the uptrend line (1), you should stop trading and check the market flow.
I think the current movement is an altcoin bull market.