Need to check if this volume can change the trend

5 sie

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(1M chart)


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(1W chart)


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(1D chart)

With this large volume, I expect there to be a change in the trend.

Accordingly, I think there can be two expected movements.

1. If it rises to around 59053.55 after the volatility period around August 12th and re-enters the medium- to long-term rising channel.

At this time, the key is whether it can maintain the price by rising above 61099.25.

2. If it falls along the short-term falling channel and starts to rise around 49676.20-52137.67 and breaks out of the short-term falling channel after the volatility period around September 13th.

At this time, the key is that it should show support near the M-Signal indicator on the 1M chart.

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If it falls in the short-term falling channel other than the above case and falls below the M-Signal indicator on the 1M chart, it is possible that it will touch the 42K-43K area, which is forming a strong support zone.

In this case, it should show support while showing a similar trading volume to this time.

I will explain in detail when it shows up, because it is something that I hate to imagine.

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Have a good time.

Thank you.

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- ​​Big picture

The real uptrend is expected to start after it rises above 29K.

The area expected to be touched in the next bull market is 81K-95K.

#BTCUSD 12M

1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 13401.28
151166.97-157451.83 (overshooting)
5th: 178910.15

These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.

We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.

#BTCUSD 1M

If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55

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6 sie

Uwaga

#BTCUSDT

If you bought near the M-Signal indicator on the 1M chart, the 56K-59K section is the first sell section.

Therefore, you can trade depending on which direction it deviates from this section after the volatility period around August 12th.

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For those who are new buyers, I think it is better to proceed by looking at the movement that occurs after the volatility period around August 12th.

Buy when it shows support near the HA-Low indicator (57754.37) on the 1D chart.

The stop loss point is 56150.01.

The first sell section is 59053.55-61099.25.

It is not a very good location for new purchases.

7 sie

Uwaga

Currently, USDT appears to be moving sideways.


USDC is showing a gap uptrend.

Accordingly, it seems that a lot of funds have flowed into the coin market.

This inflow of funds is expected to lead to an uptrend in the coin market in the near future.


The important section for USDC is around 26.525B.

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If BTC dominance does not rise above 62.47 and falls, I think the coin market is likely to show a larger uptrend in the future.


The coin market showed a large decline as it rose above 6.39.

We need to check if it meets resistance near 0.618 and falls.

If not, if it rises to around 6.21-6.39, the coin market is expected to fall again.

At this time, whether it can meet resistance near 6.21-6.39 is the key.

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In order for the coin market to show an upward trend, BTC dominance and USDT dominance must fall.

In particular, BTC dominance must fall below 55.01 and USDT dominance must fall below 4.97 and remain or show a downward trend.

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I think that USDC's gap uptrend has a short-term impact on the coin market.

The medium- to long-term impact is the movement of USDT.

Currently, USDT is moving sideways and USDC is showing a gap up trend, so I think the coin market is likely to show a short-term uptrend.

However, if USDT maintains its current level or shows a gap up trend, the gap up trend of USDC should be considered a significant change of hands.

7 sie

Uwaga

Both BTC and ETH have not yet risen in the oversold zone in StochRSI.

We need to check if the BTC chart can maintain the status of StochRSI > StochRSI EMA.

If StochRSI > StochRSI EMA maintains the status and shows support near 56150.01-56950.56, it is expected that aggressive buying can be carried out.

And, when the StochRSI indicator breaks out of the oversold zone and shows support near 57754.37, then it is time to buy.

As I mentioned earlier, the first sell zone is 59053.55-61099.25, so you should think about a countermeasure for this.

8 sie

Uwaga

#BTCUSDT



It entered the medium- to long-term rising channel after rising above 57754.37.

And, it is showing signs of breaking out of the short-term falling channel.

Accordingly, it is crucial to see whether it can rise with support near the 59053.55-61099.25 range.

The next volatility period is around August 12 (August 11-13).

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The volatility period of the StochRSI indicator is
1. When the StochRSI indicator reaches the midpoint
2. When it leaves the oversold zone
3. When it leaves the overbought zone
It is highly likely to occur in cases 1-3 above.

Therefore, it is expected that the StochRSI indicator will rise to the midpoint with the current rise.

Therefore, it is important to check whether there is support near the 61099.25 point.

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If it falls near 61099.25, you should check whether there is movement like the red dotted line.

Because the next volatility period is expected to be around September 13.

If it falls out of the medium- to long-term rising channel, the key point is whether there is support near 56K.

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With this plunge, it touched the 0.707 (48064.07) ~ 0.786 (51606.42) range.

At the same time, it touched the MS-Signal (M-Signal on the 1M chart).

Therefore, if it receives support near the HA-High indicator (61099.25) on the 1M chart with this rise, it is expected that it will likely renew the previous latest high.

Therefore, I think the second range 0.886 (56090.42) ~ 61099.25 is playing a more important role as a support and resistance range.

10 sie

Uwaga

#BTCUSDT

The volatility period begins.

This volatility period is expected to last until August 13.

The key is whether it can rise along the medium- to long-term rising channel, or whether it will re-enter the short-term falling channel.

The 61099.25 point is the HA-High indicator point on the 1M chart, so if it receives support near this area, it is expected to lead to an increase to renew the previous latest high.

Therefore,
1st: 63118.62-64000.0
2nd: 65920.71-67614.25
We need to check whether there is support near the 1st and 2nd above.

The real trend is expected to appear after the volatility period around September 13.

11 sie

Uwaga

USDT, USDC appear to be maintaining a gap uptrend.

I think the gap uptrend is a sign of funds flowing into the coin market.

Therefore, it is time to think about how to set up a buying strategy.


Looking at the Renko chart, the downtrend point is when it falls below 57500.


Accordingly, the key point is whether there is support near 57754.37, which is the HA-Low indicator point on the 1D chart.

Therefore, we need to check whether it can rise along the medium- to long-term rising channel after passing this volatility period (until August 13).


The second section is 0.886 (56090.42) ~ 61099.25.

Therefore, if the price rises above 61099.25 and maintains, it is highly likely that a full-scale uptrend will begin.

13 sie

Uwaga

#BTCUSDT

It seems to have broken out of the short-term downtrend channel after the volatility period.

The key is whether the StochRSI indicator can find support near the 59053.55-61099.25 range when it breaks out of the overbought zone and becomes StochRSI < StochRSI EMA.

If it does find support, I think it will likely show an uptrend when StochRSI > StochRSI EMA.

The next volatility period is around September 13.

I think it is likely that the trend in the second half of this year will begin after this volatility period.

14 sie

Uwaga

#BTCUSDT

It seems to be testing support near the 59053.55-61099.25 range after the volatility period around August 12.

The real trend is expected to take place around September 13, the next volatility period.

Since the short-term downtrend line and the medium- to long-term uptrend line intersect around August 18 (August 17-19), it will be important to know where the price range is after this period.



I think the flow of funds is good.

This is because both USDT and USDC are maintaining a gap uptrend.

When the flow of funds is good like this, you should focus on finding a buying point that matches your average purchase price.