Support zone: Around 67300-70700
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(Samsung Electronics 1M chart)
The area around 70700 is likely to complete the 'M' pattern and turn into a downtrend.
Therefore, whether there is support around 70700 is an important issue.
(1W chart)
The important zones on the 1W chart are around 77500 and 57400.
Therefore, the key is whether the price can be maintained above 77500 when it rises with support near 70700 as mentioned on the 1M chart.
If not, and it falls near 70700, there is a possibility that it will fall to around 57400.
Since the 57400 point is the HA-Low indicator point on the 1D chart, there is a possibility that the HA-Low indicator will be newly created as the price falls.
Therefore, if the HA-Low indicator is newly created, whether there is support near that area will be an important issue.
(1D chart)
The important sections on the 1W chart are around 84300 and 67300.
Accordingly, we can see that the area around 67300-70700 is the support area.
If it is supported near the support zone and rises,
1st: 77500-79400
2nd: 84300
The 1st and 2nd zones above are short-term resistance zones.
However, if it is confirmed that it is supported in this resistance zone, there is a possibility that it will update the previous latest high.
The fact that the HA-Low indicator was created means that a high point zone has been formed.
Therefore, since the HA-Low indicator on the 1D chart was created at the 84300 point, it is a high point zone.
Therefore, in order for a full-scale uptrend to begin, the price must be maintained above the HA-High indicator.
If the HA-Low indicator is created, it means that a low point zone has been formed.
Have a good time.
Thank you.
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- Big picture
It is expected that a full-scale uptrend will begin when it rises above 29K.
The next expected range to touch 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 that are likely to receive resistance in the future.
We need to check if these points can be broken upward.
We need to check the movement when this range is touched because it is thought that a new trend can be created in the overshooting range.
#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
-----------------
If you "Follow", you can always get new information quickly.
Please click "Boost" as well.
Have a nice day today.
-------------------------------------
(Samsung Electronics 1M chart)
The area around 70700 is likely to complete the 'M' pattern and turn into a downtrend.
Therefore, whether there is support around 70700 is an important issue.
(1W chart)
The important zones on the 1W chart are around 77500 and 57400.
Therefore, the key is whether the price can be maintained above 77500 when it rises with support near 70700 as mentioned on the 1M chart.
If not, and it falls near 70700, there is a possibility that it will fall to around 57400.
Since the 57400 point is the HA-Low indicator point on the 1D chart, there is a possibility that the HA-Low indicator will be newly created as the price falls.
Therefore, if the HA-Low indicator is newly created, whether there is support near that area will be an important issue.
(1D chart)
The important sections on the 1W chart are around 84300 and 67300.
Accordingly, we can see that the area around 67300-70700 is the support area.
If it is supported near the support zone and rises,
1st: 77500-79400
2nd: 84300
The 1st and 2nd zones above are short-term resistance zones.
However, if it is confirmed that it is supported in this resistance zone, there is a possibility that it will update the previous latest high.
The fact that the HA-Low indicator was created means that a high point zone has been formed.
Therefore, since the HA-Low indicator on the 1D chart was created at the 84300 point, it is a high point zone.
Therefore, in order for a full-scale uptrend to begin, the price must be maintained above the HA-High indicator.
If the HA-Low indicator is created, it means that a low point zone has been formed.
Have a good time.
Thank you.
--------------------------------------------------
- Big picture
It is expected that a full-scale uptrend will begin when it rises above 29K.
The next expected range to touch 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 that are likely to receive resistance in the future.
We need to check if these points can be broken upward.
We need to check the movement when this range is touched because it is thought that a new trend can be created in the overshooting range.
#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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