The key is whether there is support near 1.3627
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The key is whether there is support near 1.3627.
We need to check whether it can rise along the short-term rising channel after passing around June 15-21 (maximum June 14-22).
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If it fails to rise above 1.3627, we need to check how it moves after passing the trend reversal channel.
Be careful when trading because the trend reversal channel can fluctuate greatly.
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If it falls below the Fibonacci ratio of 0.5 (1.1109) ~ 0.618 (1.2093), it is expected to turn into a downtrend.
At this time, we need to check whether there is support near 0.9010.
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Have a good time.
Thank you.
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- Big picture
It is expected that a full-scale uptrend will start 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
-----------------
If you "Follow", you can always get new information quickly.
Please click "Boost" as well.
Have a nice day today.
-------------------------------------
The key is whether there is support near 1.3627.
We need to check whether it can rise along the short-term rising channel after passing around June 15-21 (maximum June 14-22).
-
If it fails to rise above 1.3627, we need to check how it moves after passing the trend reversal channel.
Be careful when trading because the trend reversal channel can fluctuate greatly.
-
If it falls below the Fibonacci ratio of 0.5 (1.1109) ~ 0.618 (1.2093), it is expected to turn into a downtrend.
At this time, we need to check whether there is support near 0.9010.
-
Have a good time.
Thank you.
--------------------------------------------------
- Big picture
It is expected that a full-scale uptrend will start 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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Note
#ONDOUSDT.PIt shows that it has entered a trend reversal channel.
Because the trend reversal channel can fluctuate greatly, caution is required when trading.
Accordingly, you should check for support around 0.5 (1.1109) ~ 0.618 (1.2093).
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Since the chart was created not long ago, the overall support and resistance points are weak.
Accordingly, the volatility period can also pass without any changes.
Currently, the volatility period is around June 15-21 (maximum June 14-22).
Note
It is showing signs of turning into the first downtrend.
The sell line of the supetTrend indicator is formed at 0.9375.
Therefore, we need to check whether there is support near 0.9375.
Note
#ONDOUSDT.PIt is important to see which direction it will deviate from the 0.5 (1.1109) ~ 0.618 (1.2093) section.
The next period of volatility is expected to be around June 21st (June 20th-22nd).
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