Bull market begins: BTC.D (below 50), USDT.D (below 5.89)Hello traders!
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(USDT chart)
A large volatility occurred on November 8th and the gap continues to rise.
Accordingly, we can see that funds are continuously flowing into the coin market.
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(USDC chart)
It is unclear whether USDC's continued decline is causing funds to flow out of the coin market or to be converted to USDT.
However, because the USDC market is not active, USDC movements do not have a direct influence on the coin market.
Since USDC continues to fall, I believe it is forming a separate market different from the stock market.
It is believed that the movements of the stock market due to the volatility of government bonds (US10Y) and DXY are consistent with the current movements of the coin market and have no special meaning.
(US10Y chart)
Since US10Y showed a short-term decline, it appears that the stock market is temporarily on the rise.
(DXY chart)
Since DXY is located around 105.664-106.416, it is difficult to say that the investment market is active yet, so you should be careful about investing.
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(BTC.D chart)
BTC dominance is showing resistance and falling around 53.68.
Accordingly, we can see that funds are being concentrated towards altcoins.
However, since BTC dominance is above 50, you can see that more funds are still concentrated in BTC.
Therefore, I think caution is still needed when investing in altcoins.
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(USDT.D chart)
If USDT dominance falls below 5.89-6.39 and remains, the coin market is expected to begin a bull market, i.e. a bull market.
However, as mentioned in the explanation of the BTC dominance chart, the actual bull market is expected to begin only when BTC dominance falls below 50.
Therefore, it can be said that the 5.89-6.39 section corresponds to the boundary section.
This means that even if it pretends to fall below this boundary, it may rise.
In this market situation, I think that buying when a downward candle is on the 1D chart will lead to better trading than through breakout trading (buying when the price breaks upward through important support and resistance areas).
You should be aware that if the altcoin you own is not rising and you switch to another altcoin that is rising, there is a high possibility that the altcoin you have held will rise from then on.
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- The big picture
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.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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Marketcap
USDT.D : Bull market begins when it falls below 5.89-6.39Hello traders!
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(USDT chart)
The gap continues to rise.
I believe that the rise in the gap is evidence that new funds are flowing into the coin market.
(USDC chart)
USDC has been in a downward trend since July 2022.
There are some doubts whether funds are flowing into the coin market as USDC and the funds are being converted back to USDT.
This is because the USDC market is not active, so in order to trade actual coins, you must trade in the USDT market or BTC market.
In any case, I don't think USDC has any direct influence on the coin market.
However, as coin-related investment products are launched in the stock market, I believe that the investment products and the movements of the stock market are related.
Therefore, I think the decline in USDC means that the correlation is weakening.
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(BTC.D chart)
I believe that BTC Dominance is not a chart that shows the movement of BTC price, but rather a chart that lets you know where funds are concentrated.
Therefore, a rise in BTC dominance means that funds are being concentrated towards BTC.
Conversely, a decline in BTC dominance means that funds are being concentrated towards altcoins.
Therefore, in the big picture (1M), you can see that the upward trend is maintained.
However, on the 1D chart, it is showing signs of a downward trend as it falls below the MS-Signal indicator.
We need to see if this short-term trend reversal can be sustained.
(USDT.D chart)
USDT has a direct influence on the coin market because the USDT market is active.
Therefore, a decline in USDT dominance means that the coin market is rising, that is, the buying trend is increasing.
In the big picture (1M), it is difficult to say that it has fallen below the MS-Signal peak, so I think it is maintaining an upward trend.
Accordingly, the rise in USDT dominance should be considered a decline in the coin market, that is, an increase in selling.
However, looking at the 1D and 1W charts, they show a decline below the MS-Signal indicator of each chart.
Accordingly, from a short-term perspective, the coin market is showing an upward trend.
(1D chart)
If this short-term upward trend in the coin market continues and USDT dominance falls below 5.89-6.39, it is expected that a bull market will begin in which profits can be made by purchasing any coin (token).
At this time, the important thing is that BTC dominance must fall simultaneously.
If not, strange movements are expected to occur.
Strange movements mean that only BTC is rising.
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- The big picture
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.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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Crypto Market Cap - BULL MARKET ABOUT TO START!The resistance at $1.3T won't hold for long now.
Once broken, this market will pump hard until around $1.6T.
This level also coincides with BTC resistance at 36k.
This would mean BTC will reach 40k or more.
Unless sellers return here soon, bias remains bullish.
Price action is bullish and so is the momentum.
Get ready!
Like and follow for more TA!
USDT.D : The key is whether the decline can continueHello?
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(USDT chart)
USDT, which had been stagnant for a while, continues its upward trend and is renewing its new high (ATH).
However, the size of the candles is not the same as before and tends to be large.
This appearance of the 1D chart is actually the first pattern to appear.
It seems that the movement of funds in one day is too large.
So, once I know what the new pattern means, I'll explain it again.
The basic interpretation of USDT and USDC charts is whether they are rising or falling, creating a gap.
This is because a rising gap means that funds have flowed into the coin market, and a falling gap means that funds have flowed out of the coin market.
(USDC chart)
USDC is continuing to decline.
We believe that USDC does not have a direct impact on the coin market because the trading pairs are not active.
Therefore, it is unknown whether funds are flowing into USDC and then being converted to USDT, or whether funds are flowing out into the coin market after a quick transaction.
However, if the market capitalization of USDC continues to decrease, I think there is a possibility that there will be a difference in the movements of the coin market and the funds made up of USDC, that is, the coins launched as stock market investment products.
It is thought that this movement is limiting the upward trend of the coin market to launch new investment products.
The decrease in liquidity can be seen as a result of the movement of funds according to the global economic flow, but it is believed that as earn-related services on exchanges become active, funds are stagnating, reducing liquidity.
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(BTC.D chart)
(1M charts)
With BTC dominance rising above 53.65, the coin market is believed to be forming a new trend.
For the coin market to exhibit a major bull market, we expect BTC dominance to rise by more than 61% and then begin to decline.
Accordingly, BTC dominance is expected to continue to rise.
The rise in BTC dominance means that funds are being concentrated towards BTC, so it is likely that the movement of altcoins will relatively slow down.
Therefore, pumping of coins (tokens) with low market capitalization may occur frequently, but the upward trend is likely to be short-lived.
There are coins (tokens) that are currently showing a significant upward trend.
When these coins (tokens) end their upward trend and fall, it is necessary to check whether the price is maintained at a certain level.
In addition, we must also check whether the community activities of those coins (tokens) and the coin ecosystem are expanding.
This movement has the potential to create a new major coin and replace the existing major coin.
Therefore, if you are purchasing an altcoin for mid- to long-term investment purposes, I think it is a good idea to target these coins (tokens).
However, we must not forget that in reality, the only coins best suited for mid- to long-term investment are BTC and ETH.
(USDT chart)
USDT dominance fell below the HA-High indicator on all charts.
If USDT dominance is maintained below the HA-High indicator, the coin market is expected to show an upward trend.
However, since the movement of USDT dominance represents the overall flow of the coin market, the movement of individual coins (tokens) cannot be known.
If USDT dominance falls while BTC dominance is rising, this is expected to lead to an upward trend for BTC.
Therefore, I believe that BTC’s continued and rapid rise will inevitably result in a slowdown in altcoins.
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We believe that funds coming in through USDT have a direct impact on the coin market because the trading pair is active.
Therefore, if USDT continues its upward trend by increasing the gap, I think the coin market will eventually show an upward trend.
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- The big picture
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.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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NIFTY Market CAP trend forecast until JULY 2024 Current bear market will continue until the end of February 2024.
During 2023 possible growth of NIFTY will occur starting mid of November until December in the range between 9327-9650. In December NIFTY will start falling from the area of 9650 down to 8800 (possible extreme bottom of 8653) in the beginning of January 2024. January-February 2024 is the perfect time to buy NIFTY Stocks.
End of February 2024 will mark major bullrun in NIFTY until the end of July 2024 in the range of 9327-10609.
Possible sideways-upside movement might occur between May and July 2024.
New funds are flowing in, and funds are focusing on BTCHello?
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(USDT chart)
The gap continues to rise, showing that new funds are flowing into the coin market.
(USDC chart)
There is a higher possibility that USDC's upward trend will be coupled with the movement of investment products in the stock market made with coins.
Therefore, we believe that the likelihood that the coin market will be affected by the movements of the stock market index increases.
However, since the USDC market is not active, its impact is expected to be minimal.
In any case, since the stock market is on the edge of a recession, a downtrend in the stock market is likely to have a temporary impact on the coin market.
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(BTC.D chart)
A rise in BTC dominance means that funds in the coin market are being concentrated towards BTC.
Therefore, there is a possibility that altcoins will gradually sideways or show a downward trend.
There seems to be talk that the altcoin bull market has begun due to the current altcoin rise.
However, BTC dominance is expected to continue its upward trend and rise above 61.
Therefore, caution is required as the rising trend of altcoins is expected to gradually decrease or the rising period will become shorter.
(USDT.D chart)
The USDT market is a market that is active on all coin exchanges.
Therefore, USDT's volatility can be seen to have a direct influence on the coin market.
Accordingly, the decline in USDT dominance is more likely to lead to an upward trend in the coin market.
However, since USDT dominance can tell the flow of the entire coin market, it is recommended to look at the movement of BTC dominance as well.
Since funds are moved through USDT, if new funds flow through USDT, USDT dominance will naturally maintain an upward trend.
Therefore, it is better to analyze the movement of candles rather than analyze the trend of the USDT dominance chart.
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- The big picture
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.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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Shitcoins will get rekted if this is a retestLooking the Bitcoin Market cap dominance
Shitcoins will get rekt more and more
Or is this the last time?
is it too late to sell?
idk, but my plan doesn’t include shitcoins on this phase of the cycle
Look up your coin/btc pair
We are STILL FAR FROM MAX PAIN My dear
Meaning of rising gap in Market Cap chart: new capital inflowHello?
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(USDT chart)
I believe that the meaning of the gap that occurs in the Market Cap chart indicates whether funds are flowing into or out of the coin market.
Accordingly, I don't think the size of the candle or any other movements are very important.
I think the size of the candle indicates how many transactions are taking place.
Therefore, if the size of the candle begins to decrease and a gap begins to form, I think there is a higher possibility of creating a big wave in the coin market in the future due to the inflow or outflow of funds into the coin market.
As the size of the candle suddenly decreased, the gap began to rise.
If these movements continue to occur, the coin market is expected to eventually show an upward trend.
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(USDC chart)
I don't think changes in the USDC chart will have a direct impact on the coin market because there aren't many trading pairs that can be traded directly with USDC, i.e. the USDC market.
However, I think it depends on whether the investment products released in the stock market as coins will show similar movements to the stock market or whether they will show independent movements.
Therefore, it is likely that it will follow the stock market trend to some extent since it has currently gapped higher.
Currently, the only investment products released on the watch market are the BTC ETF and the ETH ETF in some countries, but since BTC is the leader in the coin market, it is expected to have some influence on BTC movements.
It is expected that the more coins are released as investment products in the stock market, the more likely they are to be associated with stock market movements.
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(BTC.D chart)
(USDT.D chart)
It is recommended to view the BTC dominance chart and USDT dominance chart together.
The reason is that
1. BTC dominance lets you know whether funds are concentrated towards BTC or altcoins.
2. This is because the overall trend of the coin market can be seen through the movement of USDT dominance.
Therefore, in order for the coin market to become a bull market, both BTC.D and USDT.D must maintain a downward trend.
If this is not the case and everyone maintains an upward trend, there is a high possibility that the coin market will show a downward trend.
Although you cannot know which specific coin (token) to invest in, you can tell by looking at the movement of BTC dominance or USDT dominance whether you should invest intensively in BTC or ETH, or altcoins.
Currently, BTC.D and USDT.D are showing an upward trend at the same time.
In this case, it is recommended not to trade as the coin market is likely to decline, but it is a time to intensively purchase BTC or ETH in the mid to long term.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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🔥 Your Altcoin Can Potentially Fall MUCH Further: WARNING! 🚨In this analysis I want to take a look at a dire market outlook which is not even that far-fetched. We should talk about the possibility of the altcoin marketcap (TOTAL3) falling another 50%, which would mean that the average altcoin will lose around 50% of its value from this point until the bottom.
Back in 2018, TOTAl3 fell around 92%, while it has only fallen by 75% this bear market. The difference seems small, but if we were to fall towards a 92% top-to-bottom decline this bear market, it would mean we had to fall another 70% from this point onwards.
I'm a big believer in the law of diminishing returns when it comes to crypto, but a mere 75% decline seems too little for me.
There's some bad news on the horizon which can make the altcoin marketcap decline by another 50%.
- Rising Bitcoin dominance.
- Rising bond yields
A 50% crash from this point would bring the top-to-bottom decline to 85% (bottom yellow area). This would seem to be more in line with the diminishing returns hypothessis.
Do you think we will crash more from this point? Share your thoughts and charts.🙏
USDT: Market capitalization without significant changeHello?
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(USDT chart)
I've seen an article saying that the market capitalization of stable coins has decreased significantly.
In fact, when looking at the USDT chart, which currently accounts for most of the funds in the coin market, it is in a very small state.
I think it was reported because the liquidity of the coin market has decreased so much that there are no other issues to worry about.
(1D chart)
USDT has shown significant volatility three times to form a high point.
The location corresponds to the section 82.098B-82.416B.
Therefore, if USDT is maintained above this range even if it falls to its maximum, I think the long-term trend of the coin market will not change.
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(USDC chart)
It cannot be said that the decline of USDC had a significant impact on the coin market.
However, it can be seen that the decline of USDC played a role in lowering the correlation between investment products derived from the coin market, that is, the stock market.
Therefore, the further USDC falls, the more the coin market is expected to escape the influence of the stock market.
It is not easy to say definitively whether this trend is good or bad.
However, if we continue to move away from the stock market, regulations and pressure on the coin market will likely increase, so I think it is important to keep a reasonable line.
USDC's market capitalization also remains high.
However, I believe that the USDC market is not active and therefore has little influence on the coin market.
If the USDC market begins to expand beyond US exchanges to the rest of the world, then I believe that fluctuations in USDC will begin to have an impact on the coin market just like USDT.
In this sense, I think this is why the coin market is more likely to show independent movements different from the stock market even if the DXY continues to rise and the investment market enters a recession.
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(BTC.D chart)
BTC dominance is expected to eventually rise and rise above 61.
The reason is that in order for BTC to show a full-fledged upward trend, BTC dominance must rise.
We've been talking about this for a long time, so I'll skip it.
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(USDT.D chart)
The SPX500USD chart shows the opposite movement to what was explained.
Therefore, if USDT dominance is maintained by rising above 8.16, there is a high possibility of renewing the new high (ATH).
The rise in USDT dominance needs to be closely observed because it is highly likely that the coin market will decline overall.
In order for this upward trend to turn into a downward trend, it must meet the HA-Low indicator and show a decline.
Until then, even if it declines, it is expected to just move sideways.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
When the general trend is rising, the flow of funds...Hello?
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(USDT 1D chart)
The key is whether it can rise and maintain the gap above 83.475B.
I believe that a large candle size means that a significant amount of funds are moving or being used for trading.
Therefore, I think the size of these candles that have been showing recently should become smaller than before.
Until then, the period of profit realization is expected to continue.
The time of profit realization and the time of day trading coexist.
This is because the final stage of profit realization is day trading.
Therefore, the day trading period ends with significant volatility.
Large volatility can appear either upward or downward.
In whatever form it appears, it will be moved to the vicinity where large volatility begins to appear.
After that, it is expected that the mainstream upward trend we have been hoping for will begin.
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(USDC 1D chart)
Although we created HA-Low and HA-High indicators, it is surprising to see a different interpretation method than what we created.
The original purpose of creating it was to conduct transactions using Heikin Ashi.
If you check the formula, you will see that it is a very simple formula.
Therefore, if the price is located near the HA-Low indicator, it means that the current price is located in the low range.
Accordingly, if it falls below the HA-Low indicator, there is a high possibility of renewing the previous low point.
Conversely, if it rises above the HA-High indicator, there is a high possibility of renewing the previous high point.
Therefore, when the general upward trend begins, the HA-High indicator appears as a stepwise rise.
I learned that when this type of trend, that is, a stepwise rise or fall, meets other indicators, it enters a trend reversal phase.
Therefore, for USDC to turn into an upward trend, it must meet the HA-High indicator.
The current HA-High indicator is located around 43.294B, so you can see that it is quite far away.
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(BTC.D chart)
I believe that BTC dominance must rise to at least 61 for a major uptrend to begin.
Therefore, no matter what the coin market looks like, we expect BTC dominance to eventually rise above 61.
Accordingly, the coin market is expected to conclude the day trading period with a rapid rise in BTC dominance.
A rise in BTC dominance ultimately means that funds in the coin market are concentrated towards BTC.
Therefore, caution is required as altcoins are likely to see a large downtrend.
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(USDT.D chart)
I think USDT dominance reflects the current direction of the coin market well.
Therefore, if USDT dominance rises, the coin market as a whole is likely to decline.
Conversely, if USDT dominance falls, the coin market as a whole is likely to show an upward trend.
One thing to consider here is the role of BTC dominance.
No matter how much USDT dominance falls, if BTC dominance does not fall along with it, only BTC will show great volatility and altcoins will show sideways or downward trends.
Therefore, in order to see the movement and flow of funds in the coin market, I think you should at least look at the BTC.D chart and USDT.D chart together.
When the day trading market closes and enters a period of high volatility, only BTC will see large price movements and altcoins will show sideways or downward trends, as described above.
This is the second buying period for altcoins from a mid- to long-term perspective.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
🔥 Stablecoins Predicted Bitcoin DUMP🚨 100% Accurate Signal!In this analysis I want to take a closer look at my previous relative Stablecoin marketcap analysis back in August.
To be more precise, I'm measuring the stablecoin marketcap as a percentage of the total marketcap, which constructs this bullish channel pattern.
To build it yourself, put this in the TV search bar: (CRYPTOCAP:USDT+CRYPTOCAP:USDC)/CRYPTOCAP:TOTAL
In my previous analysis I mentioned that this "indicator" has a 100% correctness-rate at predicting Bitcoin dumps. As of now, it has correctly predicted 4 major BTC tops.
It's still unclear to me whether we're going up for a few weeks, or that we go up for months and that this indicator will retest the top resistance. From a long-term investing perspective, I hope that we go up for months and go for a retest. Crypto will be extremely cheap at that point with a high probability for gains in the future.
Do you enjoy this indicator? What is your view on the market? Share your thoughts in the comments 🙏
Altcoin Market Cap Potential through Wyckoff Analysis 📊🚀📉 Wyckoff Analysis Refresher: Wyckoff analysis is a method for understanding the phases of price movements in markets. It encompasses Accumulation (a period of smart money buying), Markup (bullish phase), Distribution (smart money selling), and Markdown (bearish phase).
📈 Applying Wyckoff to Altcoins: We can adapt Wyckoff analysis to the altcoin market. Accumulation represents the phase when astute investors accumulate altcoins at low prices. Markup follows, with prices surging as the broader market catches on.
📉 Distribution and Markdown: After a substantial rise, we may see distribution, where early investors start selling. Markdown is the subsequent bearish phase when prices drop.
🚀 Assessing Market Cap Potential: By analyzing altcoin price movements within these Wyckoff phases, we can gain insights into their market cap potential. If an altcoin is in the Accumulation phase, it may have untapped potential as smart money accumulates.
💡 Key Takeaway: Wyckoff analysis can guide your altcoin investment decisions. If you identify an altcoin in the Accumulation phase, it might be a promising long-term bet. But remember, thorough research is crucial.
🔮 The Future Unveiled: Keep in mind that markets are dynamic, and past patterns don't guarantee future results. Wyckoff analysis is a tool to aid your decision-making, not a crystal ball.
In conclusion, applying Wyckoff analysis to the altcoin market can provide a unique perspective on market cap potential. Recognizing which phase altcoins are in can help you make more informed investment choices.
Stay analytical, stay vigilant, and remember – understanding Wyckoff principles can empower you to navigate the altcoin landscape with a strategic edge! 🚀📈
❗See related ideas below❗
Follow + Like this post and share your insights in the comments; your engagement fuels the creation of valuable content! 💚💚💚
A rise above 83.318B with a gap signals a trend reversalHello?
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(USDT chart)
What is important in the market cap chart is whether a gap has occurred.
In a market that operates 24 hours a day, 365 days a year, the occurrence of a gap means that funds are moving rapidly.
In that sense, I think the rise in the gap is the basis for the inflow of new funds.
On the contrary, I believe that the gap decline is evidence that funds have flowed out of the coin market.
Accordingly, the key is whether the gap can rise above 83.318B.
I do not think that the movement of candlesticks has much to do with the inflow and outflow of funds on the basis that trading is actively taking place.
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(USDC chart)
The gap is showing an increase above 26.143B.
The key is whether the gap can rise above the HA-Low indicator (26.212B) on the 1D chart and be maintained.
What is important is whether this gap increase can serve as an opportunity to change the trend.
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(BTC.D chart)
BTC dominance is located around 50.
It can be interpreted that funds were moved from the altcoin side to BTC.
This trend is expected to continue until around 61-68.
This trend is expected to take place due to the BTC Halving next year.
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(USDT.D chart)
If it shows support around 8.03, it is expected to renew the new high (ATH).
The section that begins to be considered a bullish market will be felt as it falls below 6.6.
Accordingly, what you should focus on now is BTC or ETH.
Since altcoins have fallen a lot now, you might think that if you buy now and wait, you can make big profits.
However, the waiting is quite tedious and dangerous.
This is because psychological anxiety can increase due to fear of not knowing when the trend will turn to an upward trend.
Therefore, below BTC 29K, you need to focus on BTC or ETH and increase the number of coins you hold.
Also, it is a good idea to make the first purchase of a coin (token) among altcoins that you think is worth trading in the mid to long term.
The reason for making the first purchase is so that you can feel the price changes directly.
Secondary buying of altcoins can begin when BTC rises above 32K.
However, secondary purchases of altcoins can be made slowly since the range is currently quite large, up to 43K.
In order to trade, we need to have a trading strategy in mind.
As mentioned above, this trading strategy must be gradually developed into a detailed trading strategy based on a mid- to long-term trading strategy.
What is important here is that the mid- to long-term perspective, that is, the big-picture trading strategy, should not change.
This is because if you frequently change the big picture trading strategy and are unable to match the detailed strategy accordingly, you may proceed with trading in the wrong direction.
Day trading is a good trading method in that respect.
However, day trading may be less profitable than mid- to long-term trading, so it is recommended to combine it with mid- to long-term trading.
The obvious coins for mid- to long-term transactions are BTC or ETH.
So, I am saying that the current position is a time to focus on BTC or ETH.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
Significant volatility period: starting around September 6hello?
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(USDT chart)
It touched around 82.959B on the falling candlestick.
Therefore, the rise and fall of candlesticks that do not gap should be interpreted as triggering trades.
That's why you don't have to be afraid of falling candlesticks.
What you should be afraid of is when it drops, creating a gap.
This is because it is seen as a phenomenon of outflow of funds from the coin market.
Around August 7th, we can see that funds have flowed out of the coin market as the gap down begins.
When the take profit period is over, we expect it to start moving sideways and then start to rise.
I don't think there will be a downturn in the coin market unless USDT falls below 80.986B.
However, there is only a slight pain in waiting.
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(USDC chart)
USDC is likely to be funds from US-based investment companies or institutions.
Therefore, when USDC shows an upward trend, I think good news will start to come from the US side.
If the gap rises above 26.525B and is maintained, good news is likely to emerge.
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(BTC.D chart)
Altcoins are bouncing as BTC dominance falls below 50.
However, it is only exciting, but it seems to be returning to its original place.
Therefore, in order to trade altcoins, a quick response is required through day trading or short-term trading.
I think the section where you start to think that the pumping of altcoins has started is when it drops below the 47.64-48.81 section.
The pumping of these altcoins is highly likely to cause a strong downtrend in the coin market soon, so caution is required.
In order to welcome a proper altcoin bull market, BTC dominance must rise above at least 55.01 and then start to decline.
For now, I expect it to rise to around 61.73-68.72.
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(USDT.D chart)
A big rise occurred as it rose above 7.14-7.39.
An increase in USDT dominance means that the coin market is likely to go down.
If it remains above 8.12, it is expected to renew the new high (ATH).
Unless USDT dominance shows a decline, the coin market as a whole will draw a downward trend.
(1D chart)
Accordingly, it is expected that it will be important how it behaves during the volatility period between about 6th and 16th September.
At this time, if it does not fall below the minimum of 7.62, USDT dominance is expected to maintain an upward trend in the end, so caution is required.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** The trading volume indicator is displayed as a candle body based on 10EMA.
Display method (in order of boldest)
More than 3x 10EMA trading volume > 2.5x > 2.0x > 1.25x > trading volume below 10EMA
** 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.
---------------------------------
The Key Is Whether USDT Can Convert To Gap RiseHello?
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(USDT chart)
We need to see if it can rise above 83.333B.
If not,
1st: 82.959B
2nd: 81.839B
You need to make sure that it is supported in the vicinity of the 1st and 2nd above.
(USDC chart)
We need to see if it can rise above 26.525B.
(BTC.D chart)
We need to see if it can fall below 47.64-48.81.
(USDT.D chart)
Regardless of whether the size of funds changes or where the flow of funds is concentrated, the most important thing is that USDT dominance must decline.
Otherwise, the coin market cannot continue its upward trend.
If USDT dominance remains above 8.12, it is expected to renew the new high (ATH).
Therefore, the key question is whether a decline can be achieved around 7.14-7.39.
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(USDT 1D chart)
After gapping down around June 17th, BTC surged.
It remains to be seen if funds flow into the coin market through USDT after this drop.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** The trading volume indicator is displayed as a candle body based on 10EMA.
Display method (in order of boldest)
More than 3x 10EMA trading volume > 2.5x > 2.0x > 1.25x > trading volume below 10EMA
** 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.
---------------------------------
BNB Market Cap Looks Ready to Fall From a $20 Billion CliffI have made a few bearish Charts about BNB in the past and this is just a small followup and reminder of what seems like the dump to come.
BNB has broken below all major moving averages and has been rejected from the 200-week SMA and now, if we break below $30B in market cap there will be no support below until 10 Billion Dollars but it could go much lower than even that. I thought about plotting some things on the chart such as a Bearish flag or a Harmonic, but I think the plain and empty chart in this scenario speaks more to just how bad this looks than any pattern ever could.
I will however provide a chart link below to the projection I plotted for BNB earlier on in the year:
Level by level killing useless coinsWe are in a different era for the crypto industry. Although some meme coins pop up time to time, the market struggles to get new money. CRYPTOCAP:TOTAL3 shows the total crypto marketcap excluding BINANCE:BTCUSD and BINANCE:ETHUSD . We can see that the price established levels and is struggling to move upward. This means that the players need to select useful projects and rotate money to catch up the big moves. Thus, whenever we loose a level, useless coins loose big percentages (10-20%). For now we are holding this big support zone, loosing this zone means that crypto exchanges are going to delist your shitcoins. Be selective when building the long-term bag.
Disclaimer – WhaleGambit. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Volatility occurs in funds in the coin markethello?
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(USDT 1D chart)
(USDC 1D chart)
(BTC.D 1D chart)
(USDT.D 1D chart)
The volatility shown 2 days ago has been corrected and appears to be displayed correctly.
In this way, market cap charts are often displayed properly after at least 1-2 days have elapsed.
- USDT turned from falling to rising,
- USDC is still on a downtrend,
- BTC dominance shifted from gap down to up,
- USDT dominance also shifted from falling to rising in the gap.
We believe that gaps in the USDT and USDC charts are caused by the inflow or outflow of funds into the coin market.
BTC dominance and USDT dominance can also cause gaps.
However, the dominance chart believes that trends are more important than the occurrence of gaps.
Accordingly,
The upward trend in BTC dominance means that the money in the coin market is concentrating towards BTC.
When funds are concentrated towards BTC
1. When funds are concentrated as the BTC price rises
2. If the BTC price falls, but the fall of the altcoin is greater than the fall
Cases 1 and 2 above.
Therefore, I believe that BTC dominance shows the movement of funds in altcoins rather than movements in BTC.
Therefore, it can be inferred that BTC dominance must be in a downtrend to buy an altcoin.
BTC dominance is expected to rise to around 61.73 from a mid- to long-term perspective, so caution is required when trading altcoins.
USDT dominance must show an unconditional downward trend, so the coin market as a whole is likely to show an upward trend.
Therefore, it is time to start trading when USDT dominance begins to decline.
No matter how much the USDT dominance continues to rise, it creates waves, so trading is possible according to the waves.
Currently, USDT dominance is showing a rise above 7.14-7.39.
So, a support around 7.39 could lead to a rise above 8.12.
Changes in the trend of the coin market are expected as we have seen changes in the money in the coin market.
We would appreciate it if you could refer to the BTC chart description for the timing of the change.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** The trading volume indicator is displayed as a candle body based on 10EMA.
Display method (in order of boldest)
More than 3x 10EMA trading volume > 2.5x > 2.0x > 1.25x > trading volume below 10EMA
** 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.
---------------------------------
USDT is looking to enter a new phaseHello?
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(USDT chart)
The OBV, indicated by the 'Vol & Trend' indicator, is about to turn from buying to selling.
Therefore, the possibility of volatility in the coin market is increasing.
Similar to the present situation,
It looks similar to the chart above.
Therefore, if USDT starts to decline, it is expected to show a similar flow to the previous chart when it is supported and rises around 82.959B-83.333B.
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(USDC chart)
If USDC remains below 26.129B or continues to fall, it is expected that a crisis in investment products or stocks related to the stock market will occur.
Therefore, caution is required if you are investing in investment products or items that are related to the stock market and coin market.
Since the funds leading the coin market are likely to be funds inflow through USDT, the continued decline in USDC is not expected to have a significant impact on the coin market.
However, since USDC's continued decline causes the stock market and the coin market to separate, the coin market itself is highly likely to show a different look from the stock market.
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(BTC.D chart)
It is expected that BTC dominance should fall below 47.64-48.80 for the altcoin bull market to start.
Therefore, when BTC dominance shows a decline until then, quick trading is needed from a short-term and day trading perspective.
BTC dominance is expected to rise in the 56.78-61.73 range and form a new trend afterwards.
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(USDT.D chart)
USDT dominance is rising above the 6.85-7.27 range.
Therefore, the coin market is more likely to show a downward trend.
A large trend in the coin market is expected to form when USDT dominance breaks out of the 6.21-8.25 zone.
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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.
---------------------------------
The key is whether USDT dominance can fall below 6.85-7.27hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
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(USDT chart)
A rise in the gap broke the previous latest high.
USDT is renewing all-time highs.
(USDC chart)
If USDC continues to gap down below 26.129B, there could be problems with investment products launched for the coin.
Therefore, caution is required if you are investing in coin-related investment products released on the stock market.
(BTC.D chart)
It needs to fall below 47.64-48.80 to trigger an altcoin bull run.
If not, you need to be careful when trading altcoins.
For Altcoins, when BTC is below 29K, the first round of purchases will be made.
In the second round of buying, BTC buys in the 32K-43K range.
I think the time to buy in earnest is when BTC's HA-High indicator on the 1M chart is supported and trying to rise.
Depending on your investment period and trading strategy, short-term trading is possible by selling the first purchase in the second purchase period.
For reference, BTC dominance is expected to touch around 56.78-61.73.
(USDT.D chart)
During this volatility period of USDT dominance, around July 5th-August 2nd, it is finally showing a rise above 7.27.
In the big picture, USDT dominance is expected to break out of the 6.21-8.25 zone before a new trend is formed.
Therefore, it is likely to deviate from the 6.85-7.27 section and in the direction of movement.
For reference, USDT dominance must fall to indicate an upward trend in the coin market.
The next period of volatility is around August 21-28.
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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.
---------------------------------
🔥 Stablecoins Predicting Bitcoin DUMP🚨 100% Accurate Signal!If you enjoy this analysis, please give it a like and a follow.
In this analysis We're going to take a look at the stablecoin marketcap, USDT and USDC to be precise.
As seen on the chart, the stablecoin marketcap is trading in a well-defined bullish channel.
Consequently, every single time that this metric has touched the bottom support, Bitcoin dumped. I'm aware that there's only a couple years of history, but a 3/3 hit-rate is still impressive and deserves your attention.
To further strengthen the bearish narrative, BTC's volatility is currently at historical lows and the stock markets are seeing terrible results after the US downgrade from AAA to AA+.
Do you think a dump is imminent? Or are we going back up? Share your thoughts below🙏
Coin market funds are starting to move againHello?
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(USDT chart)
Looking at the 1D chart,
The gap rose above the HA-High indicator on the 1D chart.
I think this movement of USDT tells us that funds are flowing back into the coin market.
Therefore, since it has started to move away from this short-term sideways, it is expected that the coin market will experience great volatility in terms of the historical USDT flow.
I think the key interpretation method is to use Bollinger bands as a concept of contraction and expansion.
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(USDC chart)
Below 26.129B may trigger a red flag for USDC, so careful trading is required.
Extreme outflows of funds can be dangerous by disrupting the flow of funds, so caution is required.
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(BTC.D chart)
It seems that the HA-High indicator on the 1W chart will be created at the 49.72 point.
Accordingly, it is necessary to check whether it is supported or resisted around 49.72.
BTC dominance is expected to rise around 56.78-61.73 and then pick up its direction again.
Therefore, I think it is advantageous to do day trading or short-term trading when trading altcoins.
If you want to trade altcoins from a mid- to long-term perspective, you need to find and observe the altcoins you want to trade in the BTC 29K-32K range.
Then, you should proceed with the second purchase by looking at the flow of altcoins in the BTC 32K-43K section.
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(USDT.D chart)
It is necessary to check which direction the USDT dominance deviates from the 6.85-7.27 range.
Looking at the big picture, it is expected that the trend of the coin market will be formed only when it moves out of the 6.21-8.25 range.
Therefore, rather than looking at the chart from a day trading perspective, I think it is better to look at the chart from a mid- to long-term perspective and reorganize your trading strategy in the future.
The volatility period for USDT dominance is around July 5th - August 2nd.
I think the key is whether there can be a movement out of the 6.21-8.25 section in this volatility period.
USDT dominance must fall so that the overall flow of the coin market will show an upward trend.
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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.
---------------------------------