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Let's move up to 17.8K, an important point that is forming anew!

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BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
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(USDT 1D chart)

(USDC 1D chart)

If USDC continues to break the gap below the 39.675B-42.563B range, I think the coin market is likely to enter a recession.

Therefore, when entering this section, the key is whether funds can flow in.


(BTC.D 1D chart)
It is necessary to check whether there is movement out of the 40.44-41.06 section.

I think we should focus on the fact that BTC dominance will continue to rise in the future.

So, when BTC dominance rises, what matters is whether USDT dominance is falling.


(USDT.D 1D chart)
During the volatility period around December 10 (Dec 9-11), the question is whether it can find resistance at 8.11-8.22 and drop below 7.86.


USDT dominance is good only when it is a falling candlestick on the 1D chart.

Market Cap charts can always have gaps.

So, even if there is a gap, if the candlestick on the 1D chart is a bearish candle, the coin market will be bullish today.

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(BTCUSDTPERP 1D Chart)
The HA-Low line on the 1W chart formed at the 17864.7 point.

Therefore, an apt move is expected to change from 17170.0 to 17864.7.

Therefore, it is expected to touch around 17864.7.

If it touches around 17864.7, you must keep the price above 17170.0.

If it doesn't and it falls, it will fall around 16422.5.


If resistance is found at 16422.5, a move below 15328.7 is likely to renew the lows.


The circled zones on the chart are important support and resistance zones.

Since the volatility period has been moved to December 14th, it is necessary to check the movement up to that time.


(1h chart)
The circled zones on the chart are important support and resistance zones.


If the price is maintained above the M-Signal line of the 1D chart and above 17170.0, the main position is 'LONG'.

Therefore, a quick response is required when entering the 'SHORT' position.


As it fell below 16984.9, the main position was briefly held as 'SHORT' position, but as it rose above 16984.9 again, the main position was switched to 'LONG'.

I think there is a limit to writing these contents.

Therefore, I think it will be helpful to understand the contents by watching the stream.


Since it is risky to enter the current position, it is possible to enter 'LONG' when it rises after confirming that it is supported at 17302.2.

At this time, it is expected to touch the vicinity of 17590.0-17864.7, so it is the first selling section.


The entry point for the 'SHORT' position is when it still encounters resistance at 16984.9.

However, if it rises above 16984.9 as before, you must switch to 'LONG'.


If it falls below 16422.6 and encounters resistance,
1st: 15908.2
2nd: 15328.7
3rd: 14824.3
You need to make sure that you are supported nearby.


We will have to check when a new candlestick is created on the 1D chart, but it seems that funds are currently flowing into USDC.

Additionally, it is necessary to check whether funds are coming into the coin market or whether more funds will be withdrawn from the coin market.

What we need to do with this move is to properly reduce the number of coins (tokens) we currently hold to prepare for future declines.

The reason is that the money flow in the coin market is trending down.

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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.

** SR_R_C 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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Yorum:
(USDT 1D chart)

(USDC 1D chart)

Fund outflow through USDC appears to be strong.

It would be nice if these money outflows were sent to USDT, but looking at the USDT chart, that doesn't seem to be the case either.

If the stock market shows a strong uptrend, there is a possibility that funds temporarily in the coin market will move to the stock market.

(NAS100USD + DXY + XAUUSD 1D Chart)

You need to check the flow of the stock market.


It is necessary to check the flow for a few more days in order to determine the exact movement to some extent.

However, as USDC falls below 42.563B, it seems that the possibility of entering a recession in the coin market is increasing.

By showing that USDT is still moving sideways, we need to see if we can create a short-term uptrend in the coin market by using the funds that have been in the coin market.

I think USDT dominance needs to fall below 7.86 to show such a move.
Yorum:
(NAS100USD + DXY + XAUUSD 1D Chart)
NAS100USD is expected to continue its upward trend when supported at 11942.9.

It will be a question of whether it can fall below 101.860 on the DXY.

We need to see if XAUUSD rises to around 1835.
Yorum:
(BTCUSDTPERP 1h chart)
I touched the 17.8K I mentioned.

Going higher, it is expected to touch the 18374.1-18741.7 section.

Resistance is likely due to the downtrend line passing around 18374.1.

If it declines, I would expect price to stay in the 17170.0-17302.2 zone or above to continue the uptrend.

If not, I expect it to decline around 16422.6.
Yorum:
(BTCUSDT 1D chart)
Yorum:
(BTC.D 1D chart)
It shows a touch around 41.45.

It is important to anticipate that BTC dominance will show an upward trend and to check the trend of the coin market.


(USDT.D 1D chart)
Even if the BTC dominance rises, the coin market is likely to show an upward trend if the USDT dominance does.


However, if it falls below 7.86 and resistance is not confirmed, there is a possibility of a sudden move, so be careful.

In order for the coin market to show a full-fledged upward trend, it must fall below at least 7.27.

[Example of exchange chart setup]

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

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