Next Volatility Period: Around December 27

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(BTCUSDT 1D chart)

This volatility period has ended.

The key is whether it can rise above the BW(100) indicator point of 98892.0.

If not, if it falls, the point to watch is whether it can be supported near the HA-High indicator point of 95904.28.

The next volatility period is around December 27.

By now, we should look at the direction in which the HA-High indicator box range, 91792.14-98871.80, has deviated.

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(1W chart)

What is important to check this month is how the StochRSI indicator on the 1W chart is initialized.

That is, what movement does it show when the StochRSI indicator falls from the overbought range and becomes StochRSI < StochRSI EMA.

Since the StochRSI EMA indicator has never touched the 100 point so far, the downward pressure will increase as it gets closer to the 100 point.

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(BTC.D 1D chart)

If BTC dominance falls below 55.01 and is maintained or continues to fall, it is expected that the altcoin bull market will begin.

It seems that some altcoins will start to pump in a circular manner.

Therefore, if the altcoin I bought is rising slowly or rather falling, do not switch to another altcoin and wait, and the pumping will begin in order.

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(USDT.D 1M chart)

This altcoin bull market is expected to continue until the USDT dominance falls to around 2.84.

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Have a good time.
Thank you.

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- Big picture
I used TradingView's INDEX chart to check the entire range of BTC.

(BTCUSD 12M chart)

Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015.

In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend.

Accordingly, the upward trend is expected to continue until 2025.

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(LOG chart)

Looking at the LOG chart, you can see that the upward trend is decreasing.

Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.

Therefore, I expect that we will not see prices below 44K-48K in the future.

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The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.

That is, the Fibonacci ratio of the first wave of the uptrend.

The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.

Therefore, this Fibonacci ratio is expected to be used until 2026.

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No matter what anyone says, the chart has already been created and is already moving.

It is up to you how to view and respond to it.

Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized.

However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role.

The reason is that the user must directly select the important selection points required to create the Fibonacci.

Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies.

1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 134018.28
151166.97-157451.83 (when overshooting)
5th: 178910.15

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トレード稼働中

#BTCUSDT.P

When the price movement is extremely high or low, it is difficult to properly interpret the movements of various auxiliary indicators.

Therefore, when such extreme movements continue, I think we have no choice but to trade by looking at the support and resistance points or candlestick movements.

At this time, I think the time frame chart to refer to is the 1h chart.

If the StochRSI indicator on the 1h chart shows an upward trend while falling below 50, or if it shows support at BW(0), BW(100), HA-Low, HA-High, M-Signal (1D, 1W, 1M charts), 5EMA on the 1D chart, etc., I think it would be good to refer to whether we can trade by checking whether there is support.

Currently, the StochRSI indicator is in the overbought zone, that is, above 50, so we need to focus on finding the time to sell and check the movement of the chart.

Accordingly, I think it would be better to wait until the StochRSI indicator falls below 50 to buy, or until support is confirmed near the indicators I mentioned earlier.

ノート

#BTCUSDT

While the strength was decreasing, it broke through 100K.

Accordingly, the point of observation is whether it can rise with support in the Fibonacci ratio 1.902 (101784.54) ~ 2 (106178.85) range.

The important support and resistance range is 95904.28-98892.0.

If it falls below this important support and resistance range, it is highly likely to show a short-term downtrend, so you should think about a response plan for this.

The expected downtrend range is expected to be around 79.9K-83.6K according to the M-Signal indicator on the 1W chart.

The next volatility period is expected to be around December 27, so we need to check whether the price can be maintained above the important support and resistance range until then.