Short-Term Volatility Period: Until July 18th
Updated
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(BTCUSDT chart)
(1W chart)
When looking at the chart, whether the current price is near the high or low point can be interpreted differently depending on your investment style and investment period.
If you don't acknowledge this, you will be drawn into an endless debate.
Therefore, you must decide how to respond from the current price according to your investment period and your average purchase price.
Different people have different ways of analyzing charts.
If chart analysis were all the same, there would be no need for chart analysis.
So, you should always admit that you are different from me and try to trade according to your own investment style.
The Bollinger bands on the 1W chart are starting to contract.
As the Bollinger Bands start to contract, the idea that they will go down gradually increases if they show sideways near the top of the Bollinger Bands.
Thus, the market believes that more people betting on the downside will come.
Therefore, it is not easy to trade at the current price.
If you did not buy or do not currently hold BTC below 29K, it is recommended to confirm support by falling around 26574.53-27590.60 or rising to 32259.90-35286.51 and confirming support before proceeding with the purchase.
What can be thought of in the 1W chart is that it is used to check the flow of more than a short-term perspective (mid- to long-term perspective).
(1D chart)
The period until July 18 is a period of short-term volatility.
So, after July 18th, you need to see if you are getting support or resistance at any point.
The current section, 29762.38-30495.92, corresponds to the section of the HA-High indicator on the 1D chart.
Therefore, it is important to find support in the 29762.38-30495.92 section and rise along the uptrend line.
If it falls below the uptrend line or the 29762.38 point, a sharp decline is expected.
thus,
1st : 28465.36-28923.63
2nd : 26574.53-27496.02
You need to make sure that it is supported in the vicinity of the 1st and 2nd above.
(As I continue to say, in the long run, a decline is a time to buy, not a time to stop loss.)
It appears that the StochRSI indicator included in the 'Strength' sub-indicator has entered the oversold zone.
Therefore, when it breaks out of the oversold zone and finds support around 29762.38-30495.92, BTC is expected to show an uptrend.
It rose above the HA-High indicator on the 1D chart, renewing the previous high.
Therefore, if it rises above the HA-High indicator on the 1D chart this time, I think it will renew the previous high (31804.20) again.
In the current trend, the next period of volatility is around August 21st.
Therefore, it is important to see where the 29762.38-30495.92 section is moving in the current period of short-term volatility.
Therefore, when a move out of the 28465.36-32259.90 area is made, the trend is expected to re-form.
-------------------------------------------------- ---
Whether you are trading futures or spot trading, you can trade according to your investment style.
It has nothing to do with who makes a profit or a loss by trading.
So, it's not worth arguing about.
I believe that a true winner is to create a trading strategy that suits your investment style and survive in the investment market to the end by continuously trading.
------------------------------------------
(BTCKRW chart)
The key is whether it can rise above 39049000 and be supported.
If it doesn't and it shows resistance, you should check for support around 37821000.
If there is a downtrend, it is necessary to check whether the HA-Low indicator on the 1D chart rises and is created.
If the HA-Low indicator on the 1D chart rises and is created, it is a buying time when it shows support around it.
Since the price is currently holding above the HA-High indicator (37821000) on the 1W chart, it can be seen that it is maintaining an upward trend from a mid- to long-term perspective.
------------------------------
- big picture
A full-fledged uptrend is expected to start when it rises above 29K.
81K-95K is the range we expect to touch in the next bull market.
-------------------------------------------------- -------------------------------------------
** 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.
---------------------------------
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(BTCUSDT chart)
(1W chart)
When looking at the chart, whether the current price is near the high or low point can be interpreted differently depending on your investment style and investment period.
If you don't acknowledge this, you will be drawn into an endless debate.
Therefore, you must decide how to respond from the current price according to your investment period and your average purchase price.
Different people have different ways of analyzing charts.
If chart analysis were all the same, there would be no need for chart analysis.
So, you should always admit that you are different from me and try to trade according to your own investment style.
The Bollinger bands on the 1W chart are starting to contract.
As the Bollinger Bands start to contract, the idea that they will go down gradually increases if they show sideways near the top of the Bollinger Bands.
Thus, the market believes that more people betting on the downside will come.
Therefore, it is not easy to trade at the current price.
If you did not buy or do not currently hold BTC below 29K, it is recommended to confirm support by falling around 26574.53-27590.60 or rising to 32259.90-35286.51 and confirming support before proceeding with the purchase.
What can be thought of in the 1W chart is that it is used to check the flow of more than a short-term perspective (mid- to long-term perspective).
(1D chart)
The period until July 18 is a period of short-term volatility.
So, after July 18th, you need to see if you are getting support or resistance at any point.
The current section, 29762.38-30495.92, corresponds to the section of the HA-High indicator on the 1D chart.
Therefore, it is important to find support in the 29762.38-30495.92 section and rise along the uptrend line.
If it falls below the uptrend line or the 29762.38 point, a sharp decline is expected.
thus,
1st : 28465.36-28923.63
2nd : 26574.53-27496.02
You need to make sure that it is supported in the vicinity of the 1st and 2nd above.
(As I continue to say, in the long run, a decline is a time to buy, not a time to stop loss.)
It appears that the StochRSI indicator included in the 'Strength' sub-indicator has entered the oversold zone.
Therefore, when it breaks out of the oversold zone and finds support around 29762.38-30495.92, BTC is expected to show an uptrend.
It rose above the HA-High indicator on the 1D chart, renewing the previous high.
Therefore, if it rises above the HA-High indicator on the 1D chart this time, I think it will renew the previous high (31804.20) again.
In the current trend, the next period of volatility is around August 21st.
Therefore, it is important to see where the 29762.38-30495.92 section is moving in the current period of short-term volatility.
Therefore, when a move out of the 28465.36-32259.90 area is made, the trend is expected to re-form.
-------------------------------------------------- ---
Whether you are trading futures or spot trading, you can trade according to your investment style.
It has nothing to do with who makes a profit or a loss by trading.
So, it's not worth arguing about.
I believe that a true winner is to create a trading strategy that suits your investment style and survive in the investment market to the end by continuously trading.
------------------------------------------
(BTCKRW chart)
The key is whether it can rise above 39049000 and be supported.
If it doesn't and it shows resistance, you should check for support around 37821000.
If there is a downtrend, it is necessary to check whether the HA-Low indicator on the 1D chart rises and is created.
If the HA-Low indicator on the 1D chart rises and is created, it is a buying time when it shows support around it.
Since the price is currently holding above the HA-High indicator (37821000) on the 1W chart, it can be seen that it is maintaining an upward trend from a mid- to long-term perspective.
------------------------------
- big picture
A full-fledged uptrend is expected to start when it rises above 29K.
81K-95K is the range we expect to touch in the next bull market.
-------------------------------------------------- -------------------------------------------
** 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.
---------------------------------
Note
(ICXUSDT chart)(1M chart)
A volume profile section is formed across the 0.2908-0.7202 section.
Therefore, it is expected that the full-fledged uptrend will begin only when it rises above the 0.2908-0.7202 range.
Since the HA-High indicator on the 1M chart is located at the 0.9243 point, it is necessary to check whether it rises to the point of the HA-High indicator or newly falls.
From a long-term perspective, holding the price above 0.2908 would be a buying time.
(1W chart)
The HA-Low and HA-High indicators on the 1W chart are close to each other, forming a box section.
Therefore, it is necessary to check whether there is a movement out of the 0.1462-0.2930 range.
Also, a rise above 0.2930 is expected to show an uptrend, as the Bollinger bands have started to contract.
(1D chart)
Looking at the 1D chart, there are currently 4 important zones formed.
Therefore, we must respond according to whether we are supported or resisted in these four sections.
The 0.1878-0.2091 section is supported by the box section composed of the HA-Low and HA-High indicators on the 1D chart and is showing an upward trend.
The 0.2264-0.2374 section is a section formed by the HA-Low indicator and support and resistance points formed on the 1M chart.
Therefore, if support is confirmed in this section, it corresponds to the first full-fledged buying period from a long-term perspective.
Full-fledged secondary buying is possible when it rises above the HA-High indicator on the 1M chart or shows support above the 0.7202 point.
Therefore, if you are not going to conduct long-term trading, the 0.7202 point or the HA-High indicator on the 1M chart is a selling point.
From a short-term perspective, the 0.2589-0.2908 area is the first selling area when it shows resistance.
ICX is a coin that can be traded according to your investment style.
Note
(BTCUSDT 1D chart)It is expected that the M-Signal indicator of the 1W chart and the M-Signal indicator of the 1W chart will switch to regular arrangement.
Although it cannot be said that it will show an upward trend because it has been converted to regular arrangement, it can be seen that a meaningful phenomenon has occurred because it is expected to show an upward trend if the price is maintained above the M-Signal indicator.
Currently, the M-Signal indicator of the 1W chart and the M-Signal indicator of the 1M chart pass through the 27496.02-28923.63 section.
Therefore, if the price stays in the 27496.02-28923.63 area, a mid- to long-term uptrend is expected.
Note
(BTCUSDT chart)The HA-High indicator on the 1W chart is about to form at 29003.87.
Therefore, it is necessary to check whether the HA-High indicator of the 1W chart is created at the 29003.87 point.
The short-term volatility period runs through July 18th.
So, the question is whether it rises along the uptrend line after July 18th.
If that doesn't happen and it shows resistance by falling below 29762.38, I would expect a decline around 29003.87.
If it is supported and rises around 29003.87, the area near the HA-High indicator on the 1D chart corresponds to the short-term response section.
Therefore, the area around 30495.92 corresponds to the split sell zone.
A rise from support at the HA-High indicator on the 1W chart is expected to break above 31804.20 as it is likely to break the previous high.
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