Weekly trends and outlook

已更新
Hello traders!

If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.

-------------------------------------

(USDT chart)
快照

(USDC chart)
快照

The flow of funds appears to be flowing into the coin market.

In particular, the rise of USDC is expected to bring great vitality to the coin market.

However, USDC can still be seen as having a weaker influence on the coin market than USDT, so it is necessary to check whether USDT continues to maintain the gap upward trend.


(BTC.D chart)
快照

(USDT.D chart)
快照

In order to utilize fund flow information in trading, I think it is a good idea to check the movements of BTC dominance and USDT dominance.

When USDT dominance falls below 4.97, the coin market is expected to begin a bull market.

In order for this bull market to lead to an altcoin bull market, it is expected that BTC dominance will begin when it falls below 50.0.

An altcoin bull market means a bull market in which you can make a profit no matter what altcoin you buy.

In order for a major bull market to begin, it is expected that BTC dominance must rise in the 56.78-62.47 range or higher and then begin to fall.

A major bull market refers to a bull market in which most coins (tokens) renew their new highs (ATH).

-------------------------------------------------- ---

(BTCUSDT 1W chart)
快照
The key is whether the price can be maintained by rising to the 53256.64-66401.82 range, which is the box range of the previous HA-High indicator.

In particular, the previous HA-High indicator point, 56150.01-59370.07, is expected to be an important resistance area.

Accordingly, if it rises above 53256.64 and then falls below 53256.64, it is expected to form a pull back pattern.

The reason why it is not said to have turned into a downward trend is because the flow of USDT or USDC mentioned earlier is maintaining a gap upward trend.

The most important zone when the decline began is 42141.24-43823.59.

This is because this section is where the HA-High indicator of the 1W chart and the HA-High indicator of the 1M chart were formed.

Therefore, if it shows support around 44200.0-47600.0, it is expected to form the bottom of a pull back pattern.


In order to continue the upward trend, the StochRSI indicator must be moved out of the overbought zone.

If that happens, it is expected to see a bigger rise.


(1D chart)
快照
If it shows support around 51686.94, it is expected to rise.

Accordingly, buying is possible when it breaks upward through the 51686.94-52137.67 range.

To do this, we need to make sure that the StochRSI indicator is out of the oversold range and arranged as StochRSI > StochRSI EMA.

For purchases made around 51686.94-52137.67, the stop loss point is 50585.0, which is the bottom point of the HA-High indicator box.

If it falls below 50585.0, it is expected to touch around 49686.20, so you need to think about how to respond.


The next period of volatility is around March 1st.


Have a good time.
thank you

--------------------------------------------------

- The big picture
快照
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
快照
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 area, you should check the movement when this area is touched.


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

-----------------
注释
(ETHUSDT chart)
快照
As expected, BTC showed signs of slowing down after its rise, so ETH is rising and leading the upward trend.

Therefore, we need to see if BTC can take over the rise of ETH.
注释
(USDT.D chart)
快照
It is expected that USDT dominance has fallen below 4.97, entering a bull market.

Accordingly, the key is whether it meets resistance around 4.97 and leads to a further decline.

(BTC.D chart)
快照
However, since BTC dominance is sideways, it is unclear what kind of bull market it will develop into.

For an altcoin bull market to begin, it is expected that BTC dominance will fall below 50.

Otherwise, if BTC shows sideways decline, it is highly likely that altcoins will see a large decline.


In order for a major bull market to begin, it is expected that BTC dominance will rise further and then begin to fall.

The reason is that when BTC shows a large rise and shows sideways movements, there is a high possibility that the psychology of buying before it is too late will come into play.

However, because the price of BTC has risen so much, altcoins will naturally see an upward trend.

This movement will eventually lead to a movement to update the reported price (ATH) of most coins (tokens).


Ultimately, the difference between an altcoin bull market and a mainstream bull market is whether or not the new high (ATH) is renewed.


(BTCUSDT 1D chart)
快照
BTC is showing a significant rise as it breaks above the 53256.64 point.

Accordingly, the stop loss range is 51686.94-53256.64.

If the price falls below this stop loss zone, selling is necessary to preserve profits.

1st: 56150.01-56950.56
2nd: 59370.07-61338.93
I think there is a high possibility that the area around the 1st and 2nd levels above will be a resistance area.


(1M charts)
快照

(1W chart)
快照

The reason is that the StochRSI indicators on the 1M chart and 1W chart have entered the overbought zone.

Therefore, now we need to focus on and respond to whether the price falls below 53256.64, maintains the upward trend, or creates a pull back pattern.


I think this BTC halving is likely not the end of the bull market, but the starting point.

And, based on the big picture I keep talking about, I think this bull market will continue until 2025.


It depends on your trading strategy whether you want to continue trading while taking profits from short-term trades, or take a long-term view and trade.

However, no matter what investment period you trade with, the most important thing is securing cash.

You should not forget that as long as your investment exists as a coin (token), you will not incur any profits or losses.

The coins (tokens) that must be held through transactions are held in the number of coins (tokens) corresponding to the profit.

Therefore, I believe that the key to trading is to obtain cash profits through appropriate selling or to hold coins (tokens) with a purchase principal amount of 0 by leaving only the number of coins (tokens) corresponding to the profit.

However, it is best to sell all altcoins in a rising market to receive cash profits.

This is because, unlike BTC or ETH, altcoins can always experience a large decline, so this large decline can cause the coin to fall close to its listing price.
注释
(BTCUSDT 1W chart)
快照
The previous HA-High indicator point (59370.07), which is a strong resistance area, was touched.

Accordingly, it is necessary to check whether it can rise above the Fibonacci ratio point of 1 (61338.93).

If resistance appears around 59370.07,
1st: 56150.01
2nd: 53256.64
It is expected to fall to around the 1st and 2nd levels above.

At this time, the 53256.64 point is an important support zone, and if it falls from this zone, it is expected to fall to around 44200-47600, creating a pull back pattern.


If it rises above the Fibonacci ratio point of 1 (61338.93), it is expected to form a high point by touching around 1.13 (67168.12).

As mentioned earlier, this high point will see a price adjustment for a larger rise and is expected to rise above 1.618 (89050.0).


For this long-term perspective, please refer to the big picture explanation near the bottom of the idea.


Referring to previous movements, the StochRSI indicator can stay in the overbought zone for up to two months.

Therefore, if the StochRSI indicator shows a reversal, you should prepare for a decline.
注释
(USDT.D 1M chart)
快照
For the coin market to enter a bull market, USDT dominance must be maintained below 4.97.

(BTC.D 1M chart)
快照
In order for the coin market to show a major uptrend, BTC dominance must rise around 55.01-62.47 or higher and then begin to fall.

When the BTC dominance falls below 50, it is expected that a major bull market will begin.

A major bull market refers to a bull market in which most coins (tokens) renew their new highs (ATH).


If BTC dominance fails to rise above 55.01 and falls below 50, an altcoin bull market is expected to begin.

An altcoin bull market refers to a bull market in which you can make a profit no matter what altcoin you buy.

Since the altcoin bull market is likely to be short-lived, it is important to sell in installments while making a profit.
Beyond Technical AnalysisBitcoin (Cryptocurrency)BTCBTCUSDBTCUSDTHA-MSTechnical IndicatorstradingstrategyTrend Analysis

Black Friday sale 70% off :
tradingview.com/black-friday/

Other content (coins, stocks, etc.) is frequently posted on X.
X에 다른 내용(코인, 주식 등)이 자주 게시됩니다.
更多:

相关出版物

免责声明