The key is whether it can be supported around the 56K-61K range
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(USDT 1D chart)
(USDC 1D chart)
Although funds are flowing into the coin market, it seems that there are not many people willing to buy at high prices.
This movement can be seen as a period of buying by large capital forces.
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(BTCUSDT 1M chart)
As a new month begins, a bearish candle is being created.
However, we need to check whether it can rise after receiving support near the 56K-61K section, which is the second section.
The StochRSI indicator appears to have entered the oversold section.
And, the StochRSI EMA indicator is located near the midpoint.
Therefore, it is thought that it will take time for StochRSI > StochRSI EMA to change to a state.
Since there is a possibility that the arrows shown on the TS - BW indicator will appear, even if it leads to an additional decline, the second section is expected to eventually become an important support and resistance section.
If the price is located near the second section, it is difficult to see it as a downward trend from a long-term perspective.
-
The strong support zone is the 3rd zone, i.e., around 42K-43K.
However, if USDT and USDC maintain a gap uptrend, it is not expected to fall to the 42K-43K zone.
It seems possible that it will touch the 0.707 (48064.07) area once again.
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(BTCUSDT 1W chart)
It is expected that the trend will be newly formed as volatility occurs around the week including September 16th.
Accordingly, the key is whether it can receive support around 56K and rise above 61K.
If it falls below 56K after a period of volatility and shows resistance,
1st: M-Signal on 1M chart
2nd: 48K
3rd: 42K-43K
You need to check for support near the 1st-3rd above.
The key is whether you can continue the upward trend along the important rising channel.
-
You need to check whether the StochRSI indicator enters the oversold zone as a new candle is created.
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(BTCUSDT 1D chart)
The section formed by the upper line of the short-term falling channel and the lower line of the medium- to long-term rising channel can be seen as the trend reversal zone.
Therefore, the area around 56K is an important section.
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The StochRSI indicator is showing a change in slope in the oversold zone.
Accordingly, if the StochRSI indicator breaks out of the oversold zone and becomes StochRSI > StochRSI EMA, it is expected to enter a period where a buy can be made.
The important thing in this movement is which support and resistance points are supported.
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The 57937.19 point is the HA-Low indicator point on the 1D chart.
Therefore, unless a new HA-Low indicator is created, the buy period is the 57937.19 section.
Therefore, when a new candle is created, I will update it again.
-
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 section expected to be touched in the next bull market 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 where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.
#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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Please click "Boost" as well.
Have a nice day today.
-------------------------------------
(USDT 1D chart)
(USDC 1D chart)
Although funds are flowing into the coin market, it seems that there are not many people willing to buy at high prices.
This movement can be seen as a period of buying by large capital forces.
----------------------------------------
(BTCUSDT 1M chart)
As a new month begins, a bearish candle is being created.
However, we need to check whether it can rise after receiving support near the 56K-61K section, which is the second section.
The StochRSI indicator appears to have entered the oversold section.
And, the StochRSI EMA indicator is located near the midpoint.
Therefore, it is thought that it will take time for StochRSI > StochRSI EMA to change to a state.
Since there is a possibility that the arrows shown on the TS - BW indicator will appear, even if it leads to an additional decline, the second section is expected to eventually become an important support and resistance section.
If the price is located near the second section, it is difficult to see it as a downward trend from a long-term perspective.
-
The strong support zone is the 3rd zone, i.e., around 42K-43K.
However, if USDT and USDC maintain a gap uptrend, it is not expected to fall to the 42K-43K zone.
It seems possible that it will touch the 0.707 (48064.07) area once again.
--------------------------------------------
(BTCUSDT 1W chart)
It is expected that the trend will be newly formed as volatility occurs around the week including September 16th.
Accordingly, the key is whether it can receive support around 56K and rise above 61K.
If it falls below 56K after a period of volatility and shows resistance,
1st: M-Signal on 1M chart
2nd: 48K
3rd: 42K-43K
You need to check for support near the 1st-3rd above.
The key is whether you can continue the upward trend along the important rising channel.
-
You need to check whether the StochRSI indicator enters the oversold zone as a new candle is created.
------------------------------------------------
(BTCUSDT 1D chart)
The section formed by the upper line of the short-term falling channel and the lower line of the medium- to long-term rising channel can be seen as the trend reversal zone.
Therefore, the area around 56K is an important section.
-
The StochRSI indicator is showing a change in slope in the oversold zone.
Accordingly, if the StochRSI indicator breaks out of the oversold zone and becomes StochRSI > StochRSI EMA, it is expected to enter a period where a buy can be made.
The important thing in this movement is which support and resistance points are supported.
-
The 57937.19 point is the HA-Low indicator point on the 1D chart.
Therefore, unless a new HA-Low indicator is created, the buy period is the 57937.19 section.
Therefore, when a new candle is created, I will update it again.
-
Have a good time.
Thank you.
--------------------------------------------------
- Big picture
It is expected that a full-scale uptrend will begin when it rises above 29K.
The section expected to be touched in the next bull market 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 where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.
#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
-----------------
Note
When StochRSI > StochRSI EMA becomes, you should check if it is supported near 57937.19.
If not, it may lead to additional declines like the previous StochRSI indicator movement.
If the price is maintained above the short-term downward channel when it leads to additional declines, it is expected to eventually turn upward.
If you bought near 57937.19,
1st: 59053.55
2nd: 61099.25
You should check if it breaks through the 1st and 2nd above.
If it fails to break through upward, it is the time for a split sell.
The stop loss range is 56150.01-56950.56.
However, since it is not currently showing an upward turn, I don't think it is a good idea to proceed with buying.
If you are trading through day trading or scalping, quick response is the answer.
Note
The gap rise of USDT or USDC can be interpreted as an inflow of funds.
However, USDT seems to have a stronger influence on the coin market than USDC.
Currently, USDT appears to be moving sideways, while USDC appears to have gapped up.
I think USDC's gap rise has a short-term impact on the coin market.
------------------------------
(1D chart)
(4h chart)
Currently, it is showing signs of trying to break through the 5EMA line of the 1D chart.
In order to successfully break through, it must show support above 59053.55.
Currently, since the M-Signal of the 1D chart is < the M-Signal of the 1W chart, it must rise above the M-Signal of the 1W chart in order to change to a fixed price.
Therefore, it must show support near 60672.0-61099.25.
-
If it shows support near 57937.19, it is a buying period.
However, it has just broken upward and risen to near 59053.55.
Therefore, if it falls without being supported near 59053.55, it is a buying period if it shows support near 57937.19.
As mentioned earlier,
1st: 59053.99
2nd: 60672.0-61099.25
You must trade depending on whether there is support near the 1st and 2nd above.
Therefore, if it is not supported, it is time to sell.
The stop loss point is 56150.01-56950.56, but it is quite far away, so it is better to set a stop loss point separately according to your investment ratio beforehand and respond.
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The coin market is an investment market that trades by following trends.
However, it always goes up or down a bit more than we thought, so I think it is better to check the movement at the support and resistance points rather than the various trend lines drawn on the chart.
That is why the trend reversal section is indicated.
Note
From the perspective of the trading period according to the change in the StochRSI indicator, it is currently a time when trading cannot be conducted.
However, since the HA-Low and HA-High indicators are indicators created for trading, it is a buying period when they are supported near the HA-Low indicator on the 1D chart.
Therefore, if you look at the chart analysis or trading perspective in more detail, you have to refer to many things, so it is true that the more you study the chart, the more difficult it becomes.
Therefore, you need to grasp the key elements well and have reliability in them.
The key elements in my chart are
1. MS-Signal indicator (M-Signal on the 1D, 1W, 1M charts)
2. HA-Low, HA-High
3. Support and resistance points drawn on the 1M, 1W, 1D charts
The three above are the key elements.
- Is the MS-Signal indicator in a proper arrangement (M-Signal on the 1D chart > M-Signal on the 1W chart > M-Signal on the 1M chart)
- Check whether it is supported or resisted near the HA-Low and HA-High indicators
- When the above two conditions are satisfied, you can trade depending on whether there is support at the support and resistance points drawn on the 1M, 1W, and 1D charts.
Note
As a new candle was created, the StochRSI indicator rose near the midpoint.
The volatility period of the StochRSI indicator occurs in the following three sections:
1. When falling from the overbought section
2. When passing the midpoint
3. When rising from the oversold section.
Therefore, since it has currently risen near the midpoint, it should be interpreted that there is a high possibility of volatility.
Therefore, there is a possibility of volatility depending on whether there is support around 59053.55.
Note
It fell without support near 59053.95.
As a result, the StochRSI indicator fell near the midpoint.
If it maintains the status of StochRSI > StochRSI EMA and receives support near 57937.19, it is a time to buy.
Since the stop loss point is in the 56150.01-56950.56 range, it is necessary to adjust the purchase investment ratio.
As I mentioned before,
1st: 59053.55
2nd: 60672.0-61099.25
You can respond depending on whether there is support near the 1st and 2nd above.
In order to switch to a short-term uptrend, it must rise above the M-Signal indicator on the 1D chart.
So, the current M-Signal indicator position on the 1D chart is roughly around 59.6K.
The next volatility period is around September 13th (September 12th-14th), so the key is whether the M-Signal indicator on the 1D chart can rise above that before then.
If not, we need to see if the price can hold above the short-term downtrend line.
Note
USDT is showing a gap down trend, which is different from before.
We need to check whether USDT continues to gap down.
USDC appears to be maintaining a gap up trend.
Note
USDC is showing a gap up.
TS-BW indicator has been patched.
StochRSI, StochRSI EMA have been patched to show clearer movements than before.
You can check it in the ideas published later.
(Judgment of an uptrend)
- When the BW indicator is at the 0 point
- When the StochRSI indicator rises in the oversold zone
- When StochRSI > StochRSI EMA
If the above cases apply, it is judged that there is a high possibility of an uptrend.
However, if the BW indicator rises above 50 and is maintained, it is judged that the upward trend is likely to continue and should be responded to.
(Downtrend judgment)
- When the BW indicator is at the 100 point
- When the StochRSI indicator falls from the overbought zone
- When StochRSI < StochRSI EMA
If the above cases apply, it is judged that the downward trend is likely to continue and should be responded to.
However, if the BW indicator falls below 50 and is maintained, it is judged that the downward trend is likely to continue and should be responded to.
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