39845.44 The importance of branches
Updated
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(BTCUSDT 1D chart)
The trend shifted from USDT to an upward gap faster than expected.
Accordingly, I think the coin market has gained the strength to rise again.
However, it is necessary to check whether the HA-Low indicator can be newly created and rise while moving sideways in the current section.
In order for the HA-Low indicator to be created, the price must be maintained below 39845.44 to cause the HA RSI indicator to enter the oversold zone.
If that is not the case and it rises, I think there is a high possibility that it will meet resistance by touching the MS-Signal indicator.
Currently, the MS-Signal indicator is located around 42141.24.
The key is whether the HA-Low indicator can be generated and rise before the next volatility period around January 30th.
If BTC rises above the 42141.24-43823.59 range, altcoins are expected to rise in unison.
This is because I believe that the 42141.24-43823.59 range corresponds to the psychological resistance range.
However, for altcoins to continue their upward trend, BTC dominance must fall below 50.
If this is not the case and BTC dominance rises, altcoins are likely to gradually sideways or decline.
The BW indicator is recording a strong downward trend.
Additionally, the StochRSI indicator is also located in the oversold zone.
Therefore, if you wait, you will see that the StochRSI indicator is trying to break out of the oversold zone.
At that time, you can proceed with the installment purchase.
However, as mentioned above, there is a possibility that resistance will be encountered when touching the MS-Signal indicator, so that is the first selling period.
It is time to buy when the BW indicator shows an upward trend and rises above the MS-Signal indicator.
Have a good time.
thank you
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are points that are likely to encounter resistance in the future.
We need to see if we can break through these points upward.
Since it is thought that a new trend can be created in the overshooting area, you should check the movement when this area is touched.
If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern.
1st: 43833.05
2nd: 32992.55
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
-------------------------------------
(BTCUSDT 1D chart)
The trend shifted from USDT to an upward gap faster than expected.
Accordingly, I think the coin market has gained the strength to rise again.
However, it is necessary to check whether the HA-Low indicator can be newly created and rise while moving sideways in the current section.
In order for the HA-Low indicator to be created, the price must be maintained below 39845.44 to cause the HA RSI indicator to enter the oversold zone.
If that is not the case and it rises, I think there is a high possibility that it will meet resistance by touching the MS-Signal indicator.
Currently, the MS-Signal indicator is located around 42141.24.
The key is whether the HA-Low indicator can be generated and rise before the next volatility period around January 30th.
If BTC rises above the 42141.24-43823.59 range, altcoins are expected to rise in unison.
This is because I believe that the 42141.24-43823.59 range corresponds to the psychological resistance range.
However, for altcoins to continue their upward trend, BTC dominance must fall below 50.
If this is not the case and BTC dominance rises, altcoins are likely to gradually sideways or decline.
The BW indicator is recording a strong downward trend.
Additionally, the StochRSI indicator is also located in the oversold zone.
Therefore, if you wait, you will see that the StochRSI indicator is trying to break out of the oversold zone.
At that time, you can proceed with the installment purchase.
However, as mentioned above, there is a possibility that resistance will be encountered when touching the MS-Signal indicator, so that is the first selling period.
It is time to buy when the BW indicator shows an upward trend and rises above the MS-Signal indicator.
Have a good time.
thank you
--------------------------------------------------
- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are points that are likely to encounter resistance in the future.
We need to see if we can break through these points upward.
Since it is thought that a new trend can be created in the overshooting area, you should check the movement when this area is touched.
If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern.
1st: 43833.05
2nd: 32992.55
-------------------------------------------------- -------------------------------------------
** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
Note
(BTCUSDT.P 1h)It appears that the 5EMA on the 1D chart has not been touched, but in fact it has touched and declined.
In order to break above the 5EMA on the 1D chart, it is expected that the BW indicator must be showing a strong upward trend.
(4h chart)
Such movements can be seen more clearly on the 4h chart.
The price must be maintained in the 39031.3-40247.0 section, which is the box section of the currently formed HA-Low indicator, and then rise to see if it can rise above the 5EMA on the 1D chart.
If the 5EMA on the 1D chart is broken upward, the M-Signal indicator on the 1D chart is expected to act as resistance.
Note
The StochRSI indicator is rising above 20, showing signs of escaping from the oversold range.
Accordingly, if the StochRSI indicator leaves the oversold range by the closing of today's candle, it is expected to rise.
At this time, the key is whether the MS-Signal indicator can rise above.
Therefore, the area around the MS-Signal indicator is expected to fall into the resistance zone.
The settings for the StochRSI indicator are 14, 7, 3, 3 (RSI, Stoch, K, D).
Therefore, it is recommended to set the oversold range to 30 and the overbought range to 70.
therefore,
When it touches the oversold area and rises, it is time to buy (LONG).
When it touches the overbought zone and falls, it is a sell (SHORT) period.
At this time, it is recommended to consider the MS-Signal indicator as support and resistance and use it as a split trading time.
When the BW indicator shows a strong downtrend and the StochRSI indicator rises from the oversold range, the uptrend may be weak, so a quick response is required.
Therefore, when the StochRSI indicator rises, we need to check whether the BW indicator also rises.
Conversely, if the BW indicator shows a strong upward trend and the StochRSI indicator falls from the overbought range, the downtrend may be weak, so a quick response is required.
You need to check at which support and resistance points the movements of these auxiliary indicators occur and respond accordingly.
Note
The key is whether it can receive support in the 39845.44-42053.66 range and rise above 42141.24-42283.58.
To do so, it is important whether the MS-Signal indicator can rise above.
If the BW indicator does not show an upward trend when the StochRSI indicator rises above 50, the upward trend may be weak, so caution is required when trading.
Note
When the 5EMA on the 1D chart and the M-Signal indicator on the 1D chart are aligned, it is expected to rise sharply.
Note
The key is whether the price can be maintained by rising above the MS-Signal indicator and above 42141.24-42283.58.
When the StochRSI indicator rises above 50, you should check whether the BW indicator starts to rise.
It is necessary to check whether it will show sideways movements in the 39845.44-42053.66 section, or whether it will break away and form a new trend.
The next period of volatility is around January 30 - February 4 (January 29 - February 5).
If the price rises above the 42141.24-43823.59 range and maintains it, it is not expected to fall below this range for a while.
If it rises above the 42141.24-43823.59 range, it is expected to show movement touching the 0.886-1 range, which is the Fibonacci ratio range.
It is then expected to form a pull back pattern and then surge upward.
However, when creating a pull back pattern, it should not fall below the 42141.24-43823.59 range.
Note
If you traded using the StochRSI indicator, you would have entered a SHORT position around the first finger and then made a stop loss.
Then, it would have re-entered the SHORT position around the second finger and then placed a stop on the next candle.
If you entered a SHORT position on the next candle, there is a possibility that you are currently making a profit, but since the StochRSI indicator has entered the oversold zone, you must sell it in installments to realize profit.
Since the settings of the StochRSI indicator are set to 14, 7, 3, 3 (RSI, Stoch, K, D), it is recommended to respond by setting the oversold range to 30 or less and the overbought range to 70 or more.
It is recommended to enter positions in oversold or overbought areas to gain greater profits, but caution is required when trading because stop losses may occur due to fakes or whipsaws.
Therefore, if possible, it is a good idea to enter a position when the stock appears to be moving out of the oversold or overbought zone.
It is recommended to proceed with trading while checking the BW indicator or MS-Signal indicator.
Therefore, it is better not to stop loss if possible, but even if you do stop loss, you should not be afraid of stopping loss.
Therefore, it is important to proceed with installment sales to some extent while making a profit to avoid psychological disturbance.
Note
It is attempting to rise to the important range of 42141.24-43823.59.
42141.24: HA-High on 1W chart
42283.58: Important volume profile section
43823.59: HA-High on 1M chart
Accordingly, rising above 43823.59 and receiving support means that the price has entered the starting line to begin a full-fledged upward trend.
If it rises above 43823.59 and becomes supported, the next resistance range is expected to be the 0.886-1.0 range according to the Fibonacci ratio.
If it falls,
1st: 39845.44-42053.66
2nd: 37253.81-38531.90
You need to check if you receive support near the 1st and 2nd levels above.
Note
Depending on what period the analysis was based on, the trends described may vary.Therefore, the person doing the analysis must look at what period the analysis was based on.
If your thinking period is different from someone else's analysis period, there is a high possibility that you will ultimately fail in creating a trading strategy.
Therefore, you should always think carefully about what investment period you are trading based on.
Dozens of analysis articles are posted every day.
Among the numerous analysis articles, you must be able to select one that matches your investment period.
You need to find support and resistance points in the analysis text that suits you.
In this way, you will be able to use it as reference material in creating a trading strategy by displaying the support and resistance points found in various analysis articles and combining the marked points into one section to examine movements.
Note
As the StochRSI indicator on the 1D chart rises from the oversold range, the price also rises, and there are coins (tokens) that rise near the MS-Signal indicator.
At this time, it is necessary to check whether the price is maintained above 5EMA when the M-Signal indicator on the 1D chart and the 5EMA on the 1D chart form a positive alignment.
If the price is maintained like that, there is a high possibility that there will be a sharp rise.
On the current example chart, a rise to around 313.7 is likely.
Therefore, if support is confirmed by rising to the 313.7-320.9 range, it is expected to rise further toward around 339.1.
When such movements occur, you can respond by checking the positions of the StochRSI indicator and BW indicator on the 1D chart.
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