Even if it falls, you should prepare for an uptrend
2025-01-24
Category: None


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The High Boundary Zone has been changed to the 101947.24-103706.66 range.

Therefore, anything above 103706.00 is considered a high range.

However, the basic 106133.74 point is likely to act as resistance.

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The StochRSI indicator is showing a decline to the 50 point range.

Therefore, since volatility is likely to occur, a quick response is required when trading.

Therefore, the point of observation is whether there is resistance near 106133.74.

When a new candle is created, if the StochRSI indicator falls below the 50 point, the key point is whether there is support near 101947.24-103706.66.

If there is support, I think there is a high possibility that the uptrend will continue.

If the StochRSI indicator enters the oversold zone and falls below 101947.24 and shows resistance, you should check whether it touches the BW(0) indicator or the HA-Low indicator.

The 93576.0-34742.35 zone is expected to be an important support and resistance zone.

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It seems that a lot of funds have flowed into the coin market through USDC.

Accordingly, the coin market is likely to show an upward trend soon.


As I said before, for the altcoin bull market to start, BTC dominance must fall below 55.01 and remain there or show a downward trend.


The maximum decline point of USDT dominance is expected to be around 2.84.

After that, since USDT dominance is expected to show an upward trend, the coin market is expected to show a downward wave.

If it goes up by 4.97 or more, I think you can definitely tell that a downtrend is in progress.

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Based on the above coin market cap chart, this uptrend is expected to be the last uptrend.

Therefore, even if the price falls, a trading strategy that prepares for an uptrend is needed.

The point to watch is whether this uptrend can rise to the Fibonacci ratio point of 2.24 (116940.43).

This volatility period is expected to continue until January 31.


The next volatility period is expected to be around February 9-16.

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Thank you for reading to the end.
I hope you have a successful trade.

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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 following a pattern since 2015.

In other words, it is a pattern that maintains a 3-year bull market and faces a 1-year bear market.

Accordingly, the bull market is expected to continue until 2025.

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(LOG chart)

Looking at the LOG chart, we can see that the increase is decreasing.

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

Therefore, we do not expect to 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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