Next period of volatility: Around August 19th
Updated
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(BTCUSDT chart)
(The StochRSI indicator shown in the chart is an indicator expressed as the median value of the existing K and D.)
The StochRSI indicator on the 1M chart is showing a bearish sign, but is still in the overbought zone.
Therefore, it should still be interpreted as strong uptrend.
The StochRSI indicator on the 1W chart has entered the oversold zone.
Therefore, it should be interpreted as strong downtrend.
Therefore, if the StochRSI indicator on the 1M chart stays in the overbought zone while the StochRSI indicator on the 1W chart breaks out of the oversold zone, a strong uptrend is likely.
For that reason, the section 28465.36-29281.09 is an important section.
Since the StochRSI indicator on the 1D chart has fallen below 30, we expect it to enter the oversold zone soon.
Accordingly, you need to check if it is supported around 29281.09 or in the interval 28465.36-28923.63.
The next volatility period is around August 19 (Aug 18-20).
So, you should look for a move out of the 28465.36-30495.92 area through this period of volatility.
If it does not break out, it is expected to move sideways until the next period of volatility.
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(BTCKRW chart)
Unlike the BTCUSDT chart, signs of a rebound are beginning to show.
Accordingly, it is necessary to check whether it rises above 40674000 after the next volatility period around August 25-30.
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- 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.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** The trading volume indicator is displayed as a candle body based on 10EMA.
Display method (in order of boldest)
More than 3x 10EMA trading volume > 2.5x > 2.0x > 1.25x > trading volume below 10EMA
** 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)
(The StochRSI indicator shown in the chart is an indicator expressed as the median value of the existing K and D.)
The StochRSI indicator on the 1M chart is showing a bearish sign, but is still in the overbought zone.
Therefore, it should still be interpreted as strong uptrend.
The StochRSI indicator on the 1W chart has entered the oversold zone.
Therefore, it should be interpreted as strong downtrend.
Therefore, if the StochRSI indicator on the 1M chart stays in the overbought zone while the StochRSI indicator on the 1W chart breaks out of the oversold zone, a strong uptrend is likely.
For that reason, the section 28465.36-29281.09 is an important section.
Since the StochRSI indicator on the 1D chart has fallen below 30, we expect it to enter the oversold zone soon.
Accordingly, you need to check if it is supported around 29281.09 or in the interval 28465.36-28923.63.
The next volatility period is around August 19 (Aug 18-20).
So, you should look for a move out of the 28465.36-30495.92 area through this period of volatility.
If it does not break out, it is expected to move sideways until the next period of volatility.
------------------------------------------
(BTCKRW chart)
Unlike the BTCUSDT chart, signs of a rebound are beginning to show.
Accordingly, it is necessary to check whether it rises above 40674000 after the next volatility period around August 25-30.
--------------------------------------------------
- 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.
** The trading volume indicator is displayed as a candle body based on 10EMA.
Display method (in order of boldest)
More than 3x 10EMA trading volume > 2.5x > 2.0x > 1.25x > trading volume below 10EMA
** 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
(BTCUSDT chart)It is necessary to confirm that it can be supported in the vicinity of 28465.36-28923.63.
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