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When the HA-High line goes down, let's gather strength to surge!

BINANCE:BTCUSDT   Bitcoin / TetherUS
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(USDT 1D chart)

(USDC 1D chart)

The fall in the gap between USDT and USDC means that money is being withdrawn from the coin market.

Therefore, even if there are price fluctuations in the coin market, if USDT and USDC continue to show a gap decrease, the coin market will eventually show a decline.


(BTC.D 1D chart)
The rise to BTC dominance shows that funds are concentrated towards BTC.

At this time, it is important to check whether the USDT dominance is rising or falling.

(USDT.D 1D chart)
A rise in USDT dominance means a fall in the coin market.

So, the question is whether it can find resistance around 8.11-8.22 and drop below 7.86.

If it does not and rises, the coin market will show a decline again.
The key is whether it can drop to around 7.86.

The next period of volatility is around January 5th.

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(BTCUSDT 1W chart)
The important point for the medium term is the 17880.71 point.

So, if the price holds above 17880.71, I would expect an attempt to break out of the downtrend channel.

If new funds do not come into the coin market, it is not expected to rise above 20050.02.

Therefore, it is only an attempt to break out of the downtrend and there is a possibility of a turn to the downside, so you need to think about how to respond.


(1D chart)
It will be a question if the price can be maintained above 17880.71.

To do so, it is necessary to confirm that it can be supported and ascended in the 17601.15-17880.71 section.


If it falls below 17601.15, I would expect price to stay above 17176.24 to sustain the uptrend.


To move up to the next target point, T2, the rate needs to break through the downtrend line passing around 1835.11.

In order to do that, I think we must first show how new funds come into the coin market.

If not, there is a possibility that you will only try to break through and go down.


The next volatility period is around December 17-24.


Circled zones mark important support and resistance zones.

In this section, the trend may change depending on whether it is supported or resisted, so it is necessary to observe the movement carefully.


If this uptrend ends with a one-off,
1st: 17880.71
2nd: 19176.93
3rd : 20050.02
It is expected to touch the vicinity and fall.

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- big picture
I think you need to be supported in the 13K-15K section to get the power to rise.

Therefore, whether it is rising or falling from its current position, a short-term response is required.

A full-fledged uptrend is expected to start when it rises above 29K.

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** All descriptions are for reference only and do not guarantee profit or loss in investment.

** If you share this chart, you can use the indicators normally.

** The MRHAB-T indicator includes indicators that indicate points of support and resistance.

** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).

(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)

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[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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