Hello, traders.
If you "Follow", you can always get new information quickly.
Please click "Boost" as well.
Have a nice day today.
-------------------------------------
(SOLUSDT 1D chart)
The OBV Line indicator on the 1M chart is formed at the 148.18 point.
Therefore, the key is whether it can be supported around 148.18 and rise above the M-Signal indicator on the 1W chart.
If not, and it falls, you should check whether it is supported near the M-Signal indicator on the 1M chart.
-
Since the M-Signal indicators of the 1D, 1W, and 1M charts are converging, I think the current location is an important support and resistance zone.
-
If it continues to rise, there is a possibility that it will touch the HA-High indicator point of the 1D chart, which is around 225.0.
However, since the HA-High indicator of the 1M chart is formed at the 179.74 point, we need to see if it can break through this area upward.
-
Since the StochRSI indicator is in the overbought zone, even if it rises further, it will eventually show a downward trend.
We need to create a response strategy by keeping this in mind.
In other words, we need to check whether the price is maintained above the M-Signal indicator of the 1D chart or above the M-Signal indicator of the 1W chart and create a response strategy.
-
Thank you for reading to the end.
I hope you have a successful transaction.
--------------------------------------------------
- Explanation of the big picture.
I used TradingView's INDEX chart to check the entire range of BTC.
I rewrote it to update the previous chart by touching the Fibonacci ratio range of 1.902 (101875.70) ~ 2 (106275.10).
(Previous BTCUSD 12M chart)
Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015.
In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend.
Accordingly, the upward trend is expected to continue until 2025.
-
(Current BTCUSD 12M chart)
Based on the currently written Fibonacci ratio, it is displayed up to 3.618 (178910.15).
It is expected that it will not fall again below the Fibonacci ratio of 0.618 (44234.54).
(BTCUSDT 12M chart)
Based on the BTCUSDT chart, I think it is around 42283.58.
-
I will explain it again with the BTCUSD chart.
The Fibonacci ratio ranges marked in the green boxes, 1.902 (101875.70) ~ 2 (106275.10) and 3 (151166.97) ~ 3.14 (157451.83), are expected to be important support and resistance ranges.
In other words, it seems likely that they will act as volume profile ranges.
Therefore, in order to break through these ranges upward, I think the point to watch is whether they can receive support and rise near the Fibonacci ratios of 1.618 (89126.41) and 2.618 (134018.28).
Therefore, the maximum rising range in 2025 is expected to be the 3 (151166.97) ~ 3.14 (157451.83) range.
In order to do that, we need to see if it is supported and rises near 2.618 (134018.28).
If it falls after the bull market in 2025, we don't know how far it will fall, but based on the previous decline, we expect it to fall by about -60% to -70%.
Therefore, if it starts to fall near the Fibonacci ratio 3.14 (157451.83), it seems likely that it will fall to around Fibonacci 0.618 (44234.54).
I will explain more details when the bear market starts.
------------------------------------------------------
Trade active
#SOLUSDTThe HA-High indicator on the 1D chart is showing signs of being created at the 147.74 point.
Accordingly, if the HA-High indicator is created at the 147.74 point, whether there is support around that point is an important issue.
However, since the creation of the HA-High indicator means that it has fallen from the high point, there is a high possibility that it will fall further, so you should think about a countermeasure for this.
-
If it falls below the M-Signal indicator on the 1M chart,
1st: 136.92
2nd: 116.65
You should check whether there is support around the 1st and 2nd points above.
-
Then, if it receives support near 147.74 and rises,
1st: 179.74
2nd: 222.61
It is expected that the trend will be determined again near the 1st and 2nd above.
Therefore, those who want to trade SOL coin (token) should check whether the HA-High indicator on the 1D chart is generated at the 147.74 point and whether it is supported.
You can see that the current position is an important section.
Other content (coins, stocks, etc.) is frequently posted on X.
X에 다른 내용(코인, 주식 등)이 자주 게시됩니다.
◆ t.me/readCryptoChannel
[HA-MS Indicator]
bit.ly/3YxHgvN
[DMI-OBV Trend]
bit.ly/4ibHtMc
X에 다른 내용(코인, 주식 등)이 자주 게시됩니다.
◆ t.me/readCryptoChannel
[HA-MS Indicator]
bit.ly/3YxHgvN
[DMI-OBV Trend]
bit.ly/4ibHtMc
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Other content (coins, stocks, etc.) is frequently posted on X.
X에 다른 내용(코인, 주식 등)이 자주 게시됩니다.
◆ t.me/readCryptoChannel
[HA-MS Indicator]
bit.ly/3YxHgvN
[DMI-OBV Trend]
bit.ly/4ibHtMc
X에 다른 내용(코인, 주식 등)이 자주 게시됩니다.
◆ t.me/readCryptoChannel
[HA-MS Indicator]
bit.ly/3YxHgvN
[DMI-OBV Trend]
bit.ly/4ibHtMc
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.