Pull back patterns are not easy to know before they are complete

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** Analysis of the BTC chart publishes new ideas once a week.
** However, we publish new ideas when volatility occurs or when we show signs of diverging from our expectations.
** Excluding the above situation, BTC analysis is listed as a daily update.

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The reason why I explain the USDT, USDC, BTC.D, USDT.D chart first is that it is judged that the price change of coins (tokens) can be predicted to some extent if the overall money flow of the coin market is known.

(USDT chart)
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(USDC chart)
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(BTC.D chart)
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(USDT.D chart)
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USDT and USDC are still moving in opposite directions.

As long as funds are showing an inflow through USDT, the coin market is expected to remain on the uptrend.

Even if the global economic situation is not very good, we are traders who can earn profits by trading according to the size and flow of funds in the coin market.

We must not forget that we are not economists or economic analysts after all.

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(BTCUSDT.P chart)
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If the price is maintained above the MS-Signal indicator on the 1M chart, it can be interpreted as a long-term turn to the uptrend.

If the price is maintained above the HA-High indicator on the 1W chart, it can be interpreted that there is a high possibility of renewing the recent high from a mid- to long-term perspective.

So, from a mid- to long-term perspective, we can see that it is likely to remain on the uptrend.

However, since it did not rise above the HA-High indicator on the 1M chart, I think it is time to maintain the price above the HA-High indicator from a long-term perspective.

Therefore, whether the price rises or falls, the current volatility must be dealt with in the short term, as it is expected that the HA-High indicator will fall and create a shape.


In the big picture, BTC below 29K is a buy zone.

This doesn't change.

However, since it rose above 29K and then fell below 29K, it is good to see how it turns.


(1D chart)
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If you can see support in the 28454.9-28951.7 section, it's time to buy the week.

If not and it declines, you should check for support near 27486.4-27976.1.

Point 27486.4 is the point where the HA-High indicator of the 1W chart is about to be created, and point 27976.1 is the point where the HA-Low indicator of the 1D chart is about to be created.

Therefore, if we see support around 27486.4-27976.1, we know that it is time to buy aggressively.


If the price stays above the MS-Signal indicator on the 1D chart, it means that it has turned to an uptrend from a short-term perspective, so finding support in the 28454.9-28951.7 section is a very meaningful move.


The MS-Signal indicator provides criteria for identifying movements from a trending perspective.

The HA-Low and HA-High indicators provide criteria for buying and selling from a trading perspective.

How you can interpret these criteria and use them in your own trading strategy will be determined by how much time you invest in checking the movements.


A pull back pattern is one of the manifestations of an uptrend.

It is almost impossible to identify the bottom section of such a pull back pattern.

The reason is that when the price rises above the level where the decline started, it can be confirmed that the pull back pattern has been completed.

Therefore, we need to check whether we can proceed with aggressive buying by identifying support and resistance points.

To say that the current movement is a pull back pattern, we need to see price holding up by at least 28951.7.


(1h chart)
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The explanation of the 1h chart is about trading in a short period of time that corresponds to scalping and same-day trading among the above.

In this story, whether BTC goes up or down is not the focus.

Therefore, you should not view and interpret this content with a mid- to long-term perspective.


The 'SHORT' position entered near 'S1', 'S2', 28951.7-29242.2 did not touch the trading end point and is rising.

In the meantime, since I touched the 5EMA and M-Signal indicators on the 1D chart, it is recommended to sell some or close the trade and check the situation.


As I said before, the box section is very wide.

From the 24294.1-25882.9 section to the 28951.7-30181.8 section, a box section is formed.

Therefore, it is considered possible to enter the full-fledged position when it is out of the 24294.1-25882.9 section or 28951.7-30181.8 section.

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(BTCKRW chart)
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The HA-High indicator on the 1W chart is about to be created at the 36425000 point.

Therefore, if the HA-High indicator of the 1W chart is created at the 36425000 point, it is necessary to check whether it can be supported and rise around 36425000.

Currently, it touches around 36425000 and rises, touching the MS-Signal indicator on the 1D chart.

Therefore, it is important to be able to keep the price above the MS-Signal indicator on the 1D chart by maintaining the price around 37585000.


The HA-Low indicator on the 1D chart is about to be created at point 37243000.

Therefore, the 36425000-37243000 section is a support section, forming a buyable section.

However, the 1D chart's MS-Signal indicator needs to be supported near the 37585000 point passing by, so the uptrend is highly likely to continue, so the main buying section should be made around 37585000.


The next volatility period is around May 15th.

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

This is the 81K-95K range that we expect to touch in the next bull market.

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

** Even if you know other people's know-how, it takes a considerable period of time to make it your own.

** This is a chart created with my know-how.

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(BTCUSDT.P 1h chart)
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Full position entry is indicated by black letters.

full-fledged position entry point
- 'LONG' position entry point: 28951.7-30181.8
- 'SHORT' position entry point: 24294.1-25882.9


Position trading strategies that require quick response are marked with red text.
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(BTCUSDT.P 1h chart)
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The box interval formed is from 24294.1-25882.9 to 28951.7-30181.8.

This is a large box segment that is not easy to trade with high leverage.

So, if possible, I think it's better to wait until the box interval shrinks.

Also, you need a trading strategy to be able to open a full position when you get out of the box.
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(BTCUSDT.P 1h chart)
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I haven't been able to get out of the box area yet.

The box range is formed from 24294.1-25882.9 to 28951.7-30181.8.

Therefore, entering a full-fledged 'LONG' position is possible when it shows support around 28951.7-30181.8. (black text)
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Beyond Technical AnalysisBitcoin (Cryptocurrency)BTCbtcdominanceBTCUSDBTCUSDTBTCUSDTPERPTechnical IndicatorsTrend AnalysisUSDCusdtusdtdominance

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