28465.36-29330.82 is the 1st buying section

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(BTCUSDT chart)
snapshot

(1M chart)
snapshot
The StochRSI indicator has turned into a bearish sign and is showing a decline.

However, since it is still in the overbought zone, it is difficult to say that it will definitely decline.

Therefore, it is important whether it is supported or resisted around 28465.36-28923.63.


(1W chart)
snapshot
A +100 ground point was created at point 29281.09.

Therefore, the boundary point of the high point section on the CCI surface was formed based on the point 29281.09.

Because of this, the price needs to stay above 29281.09 to continue the uptrend.


Since the HA-High indicator on the 1W chart was formed at the 29003.87 point, the question is whether it can eventually receive support and rise around 29003.87-29281.09.


A period of volatility on the 1W chart is expected to occur from the second week of August.


(1D chart)
The key is whether it can be supported near the important volume profile of 28465.36-28923.63 and rise above the MS-Signal indicator.

However, since the HA-High indicator of the 1D chart is formed at the 30495.92 point, it is expected that the upward trend will continue only when it rises above 30498.92.


Therefore, if support is confirmed in the 28465.36-29330.82 section, it is a buying time.

The first selling section is the 297.62.38-30495.92 section.


The stop loss is when it drops below 28465.36 and shows resistance.

However, since it is highly likely to rise after being supported around 26574.53-27496.02, you need to think about countermeasures.


Therefore, when viewed as a whole,
1st : 28465.36-29330.82
2nd : 26574.53-27496.02
The above 1st and 2nd sections correspond to the buying period.

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(BTCKRW chart)
snapshot
The key is whether you can climb with support in the 37821000-38417000 section.

To turn into a short-term uptrend, the price needs to stay above the HA-Low indicator and the MS-Signal indicator on the 1D chart.

Since the HA-Low indicator on the 1D chart was created at the 37985000 point, if the price stays above 38417000, it is expected to turn into a short-term uptrend.


If it breaks below 37821000, you should check for support around 35539000-36802000.


The next volatility period is around August 9-11.

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- big picture
snapshot
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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Note
(BTCUSDT 1D chart)
snapshot
For short and day traders, it is recommended to focus on the important support and resistance points on the 1D chart.

snapshot
Therefore, you can proceed with the trade depending on whether the HA-Low indicator point of the 1D chart and the MS-Signal indicator show support or resistance.

(15m chart)
snapshot
There are many lines on the chart, but the important ones to look at are the 4 indicators currently visible on the chart and the 6 indicators including the M-Signal indicator on the 1M and 1W charts.

You can conduct trades by closely examining the correlation between these indicators.

Trading begins when the MS-Signal indicator breaks through, and the full-fledged movement begins when the 150EMA is broken through.

The rest of the indicators, namely 5EMA on the 1D chart and M-Signal indicator on the 1D, 1W and 1D charts, correspond to support and resistance.


The rest of the indicators are the points to respond to when trading, and correspond to the points where split trading can be done.


Since the content described in the main idea contains information over the mid-term, it may not be suitable for those who mainly do short-term and day trading, so I said it separately.
Note
(BTCUSDT chart)
snapshot
No movement away from the previous content has yet occurred.


The 28465.36-29330.82 section is the first purchase section.

This also means that those who bought below 28465.36 will sell when it drops below 28465.36.

The reason is that the 26574.53-27496.02 section corresponds to the second buying section.

So, if it falls below 28465.36, it means that a fall to the 26574.53-27496.02 range is likely.


I've talked about the correlation between the HA-Low and HA-High indicators before, but I'll say it again.

The feeling that the chart has turned to the uptrend can be seen through several parts (indicators, trends, candlestick arrays, etc.).

In addition, it can be known from the change in the length of the horizontal line of the HA-Low and HA-High indicators.

In an uptrend, the horizontal line of the HA-Low indicator is longer than that of the HA-High indicator.

Looking at the current chart,
snapshot
From the current candlestick position, we can see that the HA-High indicator's horizontal line is longer than the HA-Low indicator's horizontal line.

Therefore, it can be seen that there is a high possibility that the current trend will turn to the downside.

However, it can be seen that it is still located near the current HA-Low indicator, so you need to shake it up and down to see if you can change the HA-High and HA-Low indicators.

Keeping the price below the HA-Low indicator is highly likely to lead to a cascading downtrend, so caution is warranted.
Note
(BTCUSDT, BTCKRW chart)
snapshot
The left (BTCUSDT) and right (BTCKRW) charts look different.

Therefore, it can be seen that the possibility of volatility is increasing.
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