Let’s check the 5-wave rise.

Updated

This is a section where fear is very high.
However, it is also a section where we need to check for a 5-wave rise.

Note

I think the important issue in the current section is the fear that Mt. Gox-related volumes will be sold into the market. However, the author's judgment is different and he judges it to be just fuel for "shaking" before rising.

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Let’s check the support and resistance and judge further rise.

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It's a problem-free flow. Let's keep our judgment on the rise.

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Today's max pain price of 1,107,438 bits of option expiration volume is set at 57k, so influential analysts seem to be counting the decline.

However, the author intends to maintain an upward judgment.

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We are creating a buying area. Even if there is shaking, the judgment that it will rise is the same.

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It's a good rise. I think that trading while checking support and resistance will help with profits.

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I think it will be helpful in trading if you check the expected rise and adjustment range in advance.

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Momentum is weak. Let’s prepare for a sideways correction.

There is a high possibility that a sideways market will remain until mid-July.

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The width became deeper due to a good flow or squeeze.

It is currently possible to identify it in the form of a double bottom, but if you check recent sections, you need to be careful because many volumes aimed at long squeeze are identified.

Let's set July as a sideways period and see if a diamond pattern is established.

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This is the expected flow.

The judgment is that it will establish a diamond pattern, creating a sideways trend in July and creating an additional rise.

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It is believed that there will be a rebound soon. Let's identify the corrective wave after the downward impulse ends while identifying the diamond pattern.

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There is no compromise in the current trend.

Even the reverse head and shoulders judgment and symmetry possibility are errors.

We plan to end this chapter after trading in response, identifying bull flag patterns.

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The image above is Tetherdominance.

And the image above is Bitcoin.

As a result, the chapter idea was rejected, but the possibility of recovery remains open.
We will update quickly while monitoring, so we hope to minimize losses.

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Although the author's judgment has lost its persuasiveness, it is estimated that the downward impulse in the current section will be completed and an upward correction wave will occur. I plan to continue to provide follow-up updates on this.

I hope to minimize the loss of followers.

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After checking the section rounds, we plan to determine the next step by looking at the flow when the resistance point is reached.

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Momentum is maintained after reaching a major resistance area.

Let's check for further rise in the cup and handle format and identify the flow after reaching the next resistance section.

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The rise has occurred and we plan to confirm further rise after adjustment.
Because it is a section close to the symmetrical lower trend line, fear management is necessary.

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Identifying Two Bottom in Daigonal form.
I plan to make a further decision after checking the strength of recovery.

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It is creating a strong rise.
Even if a correction occurs to 56.6K, we plan to identify further rises.

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The current section adjustment is stronger than expected, but nothing has changed.

We plan to identify an uptick.

I plan to check the rising impulse that leads to falling and ascending.

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It's a good rise. I think there will be strong volume when it breaks the symmetrical lower trend line.
There is a need to continue monitoring.

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Head and shoulders are identified. You need to be careful because it is an adjustment pattern that occurs at the symmetrical lower trend line.

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The important trend in the current section is “sideways.” If the beat moves sideways, it is thought that the head and shoulders of the current section will identify the last fear section and there is a high possibility that an upward volume in the section will occur.

As stated above, the author plans to respond to the current section with a long position.

Note

The rise has occurred, but the current form of immediate adjustment is not a good trend.

We set up the hypothesis that institutional purchases have not yet progressed to a satisfactory level.

We plan to trade while checking sideways movements to create additional fear.

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We plan to end this chapter by identifying the rise of Bitcoin.

Let's see if it will reach 62k.

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The chapter was too long. However, I think it was necessary because it was a section that needed management.

It looks like we will soon reach 62k, and once we do, I plan to end this chapter.

I want you to transact safely.

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It's a good rise. It is expected that a further increase will continue after a slight adjustment.

And as I said in the previous idea, I plan to end this chapter and start a new one once I touch 62k.

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There was a further rise and it touched 62k.

This chapter suffered from errors in the initial idea, but was a section in which profits were secured through transaction management. I plan to finish this chapter and take a short break before starting the next chapter.

damngoodmoney

트레이딩으로 버는 돈으로도 충분히 만족하면서 살고 있습니다.
교육이나 기타 사업을 할 재능은 없고 개인 트레이딩에 방해되기 때문에 할 생각이 없습니다.

트레이딩뷰는 글을 수정이나 삭제할 수 없기 때문에(하우스룰 위반 제외) 개인 판단을 기록하기 위한 용도로 적합하다 생각되어 사용하는 것 뿐이고 제가 볼 기록에 존댓말을 사용할 필요 없기 때문에 사용하지 않는것 뿐이니 불편하시면 안보시면 됩니다.

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