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BTCKRW

Check whether the channel has been switchedHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (BTCUSDT chart) (1W chart) Looking at the 1W chart, a trend line (1) is expected to be created. Accordingly, it is necessary to check whether the existing rising channel is moving to a new channel, that is, a channel made up of trend lines (1) to (2). Therefore, a period of volatility is expected to form around the week of August 7th. If the price stays above the trend line (1) even when it breaks out of the existing uptrend channel, it is expected to create a new uptrend. For BTC to revert to a downtrend, it needs to show resistance below 26574.53-27590.60. Therefore, a significant change in the price range where it is currently located is expected to start when it breaks out of the 26574.53-35286.51 zone. (1D chart) On the 1D chart, a new wave is expected to start when it breaks out of the 28465.36-32259.90 area. Therefore, when trading in the short term, you need a trading strategy to break out of the 28465.36-32259.90 range. When trading in the mid- to long-term, you need a trading strategy when you get out of the 26574.53-35286.51 section, which is the section mentioned on the 1W chart. It is unknown in which direction BTC will move, but if the HA-High indicator on the 1W chart is created at the point of 29003.87, it is likely to touch around 29003.87, so the movement in the HA-High indicator section of the 1D chart, which is currently in the 29762.38-30495.92 section, is likely to stop at a rebound. For the rebound to turn into an uptrend, the price needs to hold above 30495.92 even after the volatility period around August 21st. ---------------------------------------------------- As always, the critical support and resistance zones are applied in the order they are drawn on the 1M, 1W, and 1D charts. Therefore, the support and resistance points plotted on the 1D chart take precedence over the support and resistance points plotted on the 1D chart. And, the support and resistance points on the 1M chart take precedence over the support and resistance points on the 1W chart. Therefore, if the 1W chart's HA-High indicator is created at 29003.87, it is highly likely to touch the 1W chart's HA-High indicator no matter how supported it is in the 1D chart's HA-High indicator section. Therefore, it is necessary to interpret that there is a high possibility of touching around 29003.87 and think about countermeasures. ------------------------------------------ (BTCKRW chart) The HA-High indicator on the 1W chart is expected to form at the 38417000 point. Also, the HA-Low indicator on the 1D chart is formed at the 38738000 point. Therefore, the question is whether the price can hold above the 37821000-39049000 zone after the volatility period around July 25th. If support is confirmed in the 37821000-39049000 section, it is expected to rise. However, since the trend line (1) has been created, there is a possibility that it can act as resistance, so I think it is important to ultimately rise to around 40674000 and maintain the price. ------------------------------ - big picture A full-fledged uptrend is expected to start when it rises above 29K. This is the 81K-95K range that 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. ---------------------------------
by readCrypto
2
There is a possibility that a new channel will be createdHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (BTCUSDT chart) Looking at the 1W chart, the trend line (1) is about to be created. Therefore, if this week's candlestick closes with a lower candlestick, the trend line (1) is expected to be formed. When the trend line (1) is created, you create a new channel. Therefore, it is necessary to check whether it is moving from the existing rising channel to the newly formed channel. That's why it's becoming important to be able to get support around 29003.87, the point of the HA-High indicator on the 1W chart, which is about to be created this week. From a mid- to long-term perspective, if it falls below 26574.53-27590.60, the vicinity of the 20862.47 point becomes a support section, so it is necessary to check whether it declines. However, if the trend line (1) is created this time and there is a movement upwards above the trend line (1), it is expected to rise above 32259.90. (1D chart) When viewing the trend line (1) on a 1W chart on a 1D chart, the position is different. Therefore, the key is whether it can be supported in the current section. If it falls below 29762.38, 1st : 28465.36-29003.87 2nd : 26574.53-27496.02 You need to make sure that it is supported in the first and second sections above. If it falls below 29762.38 this time and becomes resistance, it is expected that the HA-Low indicator on the 1D chart will rise and be created, so it is expected that the time to buy short will come. Therefore, if it is supported in the section formed by the HA-High indicator of the 1W chart and the HA-Low indicator of the 1D chart, it is expected to fall under the buying season. We believe that altcoins are currently in an exploratory period. So, when BTC rises above 32K or falls below 29K, you need to find an altcoin you want to buy. In order to buy altcoins from a mid- to long-term perspective, it is expected that approximately 3 rounds of purchases will be required. Buying time 1st: BTC 29K or less 2nd: BTC 32K-43K (HA-High indicator on 1W chart) 3rd: 43K or higher (1W chart's HA-High indicator or higher) I think you can proceed with the purchase through the 1st to 3rd steps above. When trading from a short-term perspective, you can trade in each section. ------------------------------------------ (BTCKRW chart) Looking at the 1W chart, we can see that a new channel has been formed. Therefore, the question is whether it can rise above the trend line (1). ------------------------------ - 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. ---------------------------------
by readCrypto
1
(HA-High on 1W chart) Need to confirm if it creates at 29003.87Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (BTCUSDT chart) The HA-High indicator on the 1W chart is rising and is about to form at 29003.87. Therefore, if the HA-High indicator on the 1W chart is created at the 29003.87 point, the important question is whether it can be supported near this point. The 28465.36-28923.63 section is a volume profile section formed on the 1M chart. Therefore, if support is confirmed around 29003.87, it is expected to continue its mid- to long-term upward trend. (1W chart) Looking at the 1D chart, From a trend point of view, the possibility of a turn to the downtrend is increasing as it falls below the MS-Signal indicator. However, if you look at the 1W chart, you can see that it is maintaining an upward trend. Therefore, even from a mid- to long-term perspective, in order to turn to the downtrend, it must show resistance by falling below the 26574.53-27590.60 zone. The StochRSI indicator on the 1W and 1M charts are showing a bearish sign, but they are still in the overbought zone. Therefore, it can be seen that the uptrend is still strong. From a short-term perspective, It is a short-selling period when it falls below the HA-High indicator section of the 1D chart, that is, the 29762.38-30495.92 section and shows resistance. However, from a mid- to long-term perspective, Since the HA-High indicator on the 1W chart is about to be created at the 29003.87 point, a short-term response requires a quick decision. From a long-term perspective, A decline below the 28465.36-28923.63 zone and resistance is expected to reverse the trend. Therefore, it is a time when you need to make a quick judgment according to your investment period. If you haven't made a quick decision, you should look at your trading strategy to see if you can buy more when the price drops sharply. We believe that the current price decline corresponds to a move to the upside. ------------------------------------------ (BTCKRW chart) It is necessary to confirm that it can be supported and ascended in the 37821000-38417000 section. If the decline continues, it is expected that the HA-Low indicator on the 1D chart will produce an uptrend. Therefore, if the HA-Low indicator of the 1D chart is newly created, it is important whether it is supported in the vicinity. ------------------------------ - 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. ---------------------------------
by readCrypto
1
Short-Term Volatility Period: Until July 18thHello? 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. ---------------------------------
by readCrypto
1
The key is whether the price can sustain a rise above 32259.90Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (BTCUSDT chart) The calculation formula of the Volume Index Osc indicator included in the 'Vol & Trend' sub-indicator has been changed. The Volume Index Osc indicator utilizes the formulas of the PVI and NVI indicators to distinguish buying and selling times according to changes in trading volume. Therefore, the part marked in orange means the time to buy. For reference, the OBV indicator included in the 'Vol & Trend' sub-indicator shows the increase and decrease in buying and selling forces due to changes in trading volume in accordance with price changes. (1M chart) Depending on where the candle closes this month, it is highly likely that a new HA-Low indicator on the 1M chart will be created. If the HA-Low indicator on the 1M chart is created and it shows support around it, it will be the time to buy the first full-scale from a long-term perspective. Currently, the HA-Low indicator of the 1M chart is formed at 21023.14. So, you might ask if the support at 21023.14 was a full-fledged buying period. The reason I didn't say that it was a full-fledged buying period at 21023.14 was because it was located below the MS-Signal indicator. Keeping the price above the MS-Signal indicator means that there is a good chance of continuing the uptrend from a trend perspective. Therefore, if the HA-Low indicator on the 1M chart is generated near the MS-Signal indicator, it is highly likely to show a full-fledged uptrend. (1W chart) It rose above the HA-High indicator on the 1W chart and rose above the previous high of 31000.0. Thus, the basic interpretation method of the HA-High index has been achieved. If it rises above the support and resistance zone of 32259.90-35286.51, the next previous high is at 48189.84. Therefore, it is expected to show a move towards the 45135.66 area. To that end, the HA-High indicator on the 1W chart is expected to rise again and be created. The 32259.90-35286.51 section corresponds to the boundary between an uptrend and a downtrend when viewed from the big picture, so it is significant that it rises above this section. If it fails to rise, you should check for support around 26574.53-27590.60. (1D chart) As it rose above the HA-High indicator on the 1D chart, it renewed the previous high again. The 1D chart includes a Trend-Based Fib Extension tool. The Fibonacci chart on the left is based on a downtrend, while the one on the right is based on an uptrend. Therefore, if the price holds above 32259.90, 1st: 34197.22-35045.0 2nd: 37253.81 3rd: 39260.17 The key is whether it can break through the above 1st-3rd areas upwards. The next volatility is around August 21st. Therefore, it is necessary to check if the trend can be formed by breaking out of the 28923.63-32259.90 area. ------------------------------------------------- (DXY chart) (BTC.D chart) If BTC dominance drops below 50.49, it will be an illusion that an altcoin bull market has begun. For this illusion to be true, it needs to fall below the 47.64-48.80 zone. (USDT.D chart) We need to see if the USDT dominance drops below 6.85 to get resistance. If not, it is likely to rise above 7.27. When USDT dominance drops below 6.21, the coin market will feel that the bull market has begun. BTC dominance rises around 56.78-61.73, and then begins to fall before the real bull market begins. Therefore, I think it will induce losses for individual investors as it swings up and down before rising to around 56.78-61.73. Therefore, if you do not want to hold from a long-term perspective, it is better to increase the number of coins (tokens) corresponding to profits while responding in the short term. Although it is showing a sharp rise due to issues related to the BTC ETF, we must be careful not to cause psychological agitation with this rise as BTC did not rise above the important range of 35045.0-37253.81. This is because investments, that is, transactions carried out when the psychological state is excited or anxious, are likely to eventually suffer losses even if they are profitable. Therefore, if the price has risen, you need to check again whether it is supported or resisted at the support and resistance points or sections, and modify and supplement your trading strategy accordingly. Altcoins that have soared this time are likely to be the first runners, but altcoins are likely to gradually move sideways or decline if BTC dominance maintains an upward trend. Therefore, if you want to hold it from a long-term perspective, you should pay attention to coins (tokens) that are expanding the coin ecosystem. Therefore, if you made the first purchase of an altcoin when BTC was below 29K, you must make the second purchase in the range of BTC 32K-43K. The time to buy an altcoin in earnest is when it rises above the HA-High indicator on the 1M chart and shows support. ------------------------------------------ (BTCKRW chart) The key question is whether the price can rise above 40674000 and sustain the price. If not, 1st: 39049000 2nd: 37821000 You need to make sure that it is supported in the vicinity of the 1st and 2nd above. ------------------------------ - big picture A full-fledged uptrend is expected to start when it rises above 29K. This is the 81K-95K range that 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. ---------------------------------
by readCrypto
Next period of volatility in current trend: around August 21stHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (BTCUSDT chart) This is a period of volatility until July 12th. Therefore, the question is whether the price will remain above the HA-High indicator on the 1D chart after this period of volatility. If not, 1st: 29762.38 2nd : 28465.36-28923.63 3rd: 26574.53-27496.02 You need to make sure it is supported in the vicinity of the 1st-3rd order above. After this volatility period, the next volatility period will be around August 21st. Therefore, it is expected that in this volatility period, it will be very important at what point there is support or resistance. As I mentioned in the DXY and Market cap charts that I mentioned before publishing the BTC chart description, you can see that there is a change in the money in the investment market. Changes in funds will soon have an impact on individual investment products. The coin market believes that changes in funds do not immediately lead to changes in the coin market as a whole. The reason is that BTC markets are created on exchanges around the world. Therefore, although changes in funds can lead to changes in BTC prices, it can be thought that the direct impact on other altcoins is small. In the description of the DXY, Market cap chart, I said that the investment market is expected to be lively and the upward trend of funds will be prominent. Therefore, it is highly likely that the price of BTC will also follow an upward trend. (1M chart) However, from a long-term perspective, the RSI indicator is still in the oversold zone. Therefore, as the RSI indicator moves out of the oversold zone, it is expected that the HA-Low indicator on the 1M chart will rise and be created. If the HA-Low indicator is created in this way, whether it is supported or resisted in the vicinity becomes an important factor. If supported, it corresponds to the first full-fledged buying period from a long-term perspective. Then, while continuing the upward trend, when it shows support near the HA-High indicator on the 1M chart, we proceed with a full-fledged secondary purchase. (1W chart) The Bollinger Bands have started to contract and are located near the top of the Bollinger Bands. Therefore, the key question is whether it can rise above 32259.90 and maintain the price. If it fails to rise, you should check for support around 26574.53-27590.60. ------------------------------------------ (BTCKRW chart) The key question is whether the price can rise above 40674000 and sustain the price. If not, 1st: 39049000 2nd: 37821000 You need to make sure that it is supported in the vicinity of the 1st and 2nd above. ------------------------------ - big picture A full-fledged uptrend is expected to start when it rises above 29K. This is the 81K-95K range that 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. ---------------------------------
by readCrypto
The time to buy is approaching for the long termHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (BTCUSDT chart) Looking at the 1D chart, The key is whether it can be supported around 29762.38-30184.24 and rise above the HA-High indicator on the 1D chart. If it falls below 29762.38 and encounters resistance, 1st : 28465.36-28923.63 2nd: 27496.02 You need to make sure that it is supported in the vicinity of the 1st and 2nd above. Since the StochRSI indicator on the 1D chart has entered the oversold zone, it is necessary to check at which point it is supported or resisted when it exits the oversold zone. Looking at the 1W chart, There will be significant volatility when the Bollinger bands start to expand because they have started to contract. So, if it rises around 32259.90, it is likely to see a big uptrend. If not and it declines, you should check for support near 26574.53-27590.60. This decline means that the Bollinger Bands will contract further, which will give them the power to generate greater volatility. Therefore, rather than fear of decline, you should focus on finding a buying time that suits your investment period. Looking at the 1M chart, Among what I have said before, I said that full-fledged buying will begin when the price rises above the HA-High indicator on the 1M chart. However, looking at the current status, it is expected that the HA-Low indicator on the 1M chart will rise and be created. Therefore, when the HA-Low indicator on the 1M chart rises and is created, if it shows support at that point, you should proceed with the first purchase in earnest. The reason is that the HA-High indicator on the 1M chart is created near the high point, so it is not easy to increase the investment portion significantly because the fluctuation range is large. However, since the HA-Low indicator is generated near the low point, it is easier to increase the investment portion because it is smaller than the range of fluctuation near the HA-High indicator. It is quite difficult to predict where the HA-Low indicator on the 1M chart will be created, but based on the current movement, it is expected to be created around 27K-29K. A full-fledged secondary purchase can be made when it shows support at or above the HA-High indicator on the 1M chart as before. This is expected to complete a long-term buying strategy. ------------------------------------------ (BTCKRW chart) Currently, the key is whether it can be supported and rise around 40077000. If not, you should check if it has support around 39049000-39579000. If it drops below 39049000, you should check for support around 37821000. If the price stays above 40674000, a sharp rise is expected. ------------------------------ - 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. ---------------------------------
by readCrypto
2
Checking support and resistance around 31000 (pull back pattern)Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (BTCUSDT chart) A break above 40674000 creates a close, and the first day is passing. It is recommended to watch the flow for at least 1-3 days for this support and resistance check, and when it falls below 40077000, the support and resistance check at 40674000 will end. Therefore, until the price drops below the 40077000 point, it is necessary to check whether there is support or resistance around 40674000. A drop below 30462.66 ends the support and resistance check at 31000.0. A reversal to the short-term downtrend is expected to begin with a decline below 29762.38. Looking at the 1D chart, The StochRSI indicator came out of the oversold zone, but failed to rise above 50 and is trying to decline again. It is more important to check whether there is support or resistance at any point rather than thinking that this movement will now turn into a downtrend. The reason is that a movement that is pushed back to some extent after breaking through an important point or section can rather be a buying opportunity. So, if there is no resistance by falling below 30462.66, there is a good chance of further uptrend. Therefore, if the StochRSI indicator exits the oversold zone and declines again in the steadiness zone (30-70), but does not re-enter the oversold zone, it will eventually show a larger uptrend. It is helpful to understand these movements by looking at previous data. Conversely, even if it emerges out of the overbought zone and rises again in the steadiness zone (30-70), if it fails to re-enter the overbought zone, it will eventually lead to a larger decline. This phenomenon is often referred to as a pull back pattern. During the volatility period around July 8-11, if it finds support near 31000.0 and rises, it will eventually move above 32259.90. I mentioned above that a drop below 29762.38 would turn into a short-term downtrend. However, since the section 28465.36-28923.63 is a volume profile section formed on the 1M chart, it is the first support section. The 2nd support section is at 27496.02, which is the HA-High indicator point on the 1W chart. If the decline continues, there is a possibility that the HA-Low indicator on the 1D chart will rise and be created, so it is important to check whether it is supported or resisted at that point. This is to tell you what kind of basis you have for chart analysis. To put it simply, I am also comfortable, but it is because I can never know why I think this way or what to consider when doing my own chart analysis while watching other people's chart analysis. If you listen carefully to my explanation, you can see that holding support and resistance is the most important thing in the end. Even if you draw a lot of indicators on the chart, you will eventually be able to create a trading strategy based on support and resistance in important support and resistance points or sections. Considering your trading strategy, that is, the investment period, you should first check whether the chart you are currently viewing matches. In this case, day trading is not applicable. In day trading trading, the overall trend is meaningless because trading is conducted with the correlation between the increase in trading volume and the 5EMA on the 1D chart at the start of an uptrend. Therefore, the investment period is not a consideration in day trading transactions. However, in order to trade more than short-term trading, you must make sure that it fits within the investment period you think. Having to consider the investment period means, in a way, that you have to first check how far the rise will be. Looking at the current BTC chart, 32259.90 marks the start of the critical phase. Therefore, if you buy near 31000.0, which is currently supported in a short-term trade, you can get a profit of about 4% until the 32259.90 point. With these rates of return in mind, you can proceed with short-term trading if you believe that short-term trading is accessible. However, if you feel that the 4% return rate is low or if you cannot respond quickly, it is not recommended to proceed with the transaction. Through chart analysis, it is necessary to determine which point or section becomes an important point or section, and there must be a basis for forming that point or section. This will allow you to make fewer corrections to price fluctuations when creating your trading strategy. In order to trust the support and resistance points or sections you have drawn, you must have an objective basis. I think that whether or not the objective basis can be created is the final stage of chart analysis. ------------------------------------------ (BTCKRW chart) The volatility period runs through June 30th. During this period of volatility, we need to see if there is a move out of the 37821000-40674000 range. A reversal to the downtrend is expected to begin when the price drops below 39049000. ------------------------------ - big picture A full-fledged uptrend is expected to start when it rises above 29K. This is the 81K-95K range that 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. ---------------------------------
by readCrypto
2
When to look for altcoins to tradeHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (BTCUSDT chart) As this volatility period passes, if it is supported near the HA-High indicator on the 1D chart, that is, in the 29762.38-30184.24 section, it is expected to rise. Therefore, if you see support near the 29762.38-30184.24 section, aggressive buying is possible. This aggressive buy 1st : 31000-32259.90 2nd: 34197.22-35045.0 It is recommended to split and sell when you see resistance near the 1st and 2nd above. For those who bought below 28923.63, now is the time to watch. However, if it shows resistance when it rises to the 32259.90-37253.81 section, you need to sell some to stabilize your psychological state. Therefore, you only need to sell enough to stabilize your psychological state. If it falls below the 28465.36-28923.63 range, it may lead to further decline, so it is better to sell some of it, but BTC or ETH is expensive, so if possible, it is better to buy more and increase your holdings. So, if you don't have enough money, you should sell some when it falls below the 28465.36-28923.63 range. Then you should start split buying when it shows support around 26574.53-27496.02. As I continue to tell you, when BTC is below 29K, it is a long-term buy time. Don't forget this and when BTC drops below 29K, you should focus on BTC or ETH to find the right time to buy. Altcoins fall under the primary buying period when BTC is below 29K, so if you have bought them before, you can just hold them. It is possible to hold it when it is a mid- to long-term investment. If it falls under short-term or day trading, of course you have to respond. If you bought when BTC was below 29K, now is the time to find a second purchase of an altcoin or an altcoin to invest in. At this time, it is recommended to search for coins (tokens) that are expanding the coin ecosystem. ------------------------------------------ (BTCKRW chart) The volatility period runs through June 30th. During this period of volatility, we need to see if there is a move out of the 37821000-40674000 range. ------------------------------ - 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. ---------------------------------
by readCrypto
1
Time to wait and see for BTC or ETHHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (BTCUSDT chart) This volatility period runs through June 29th. Therefore, you should watch for any movement out of the 29762.38-31000.0 area through this period of volatility. Sideways in the 29762.38-30184.24 section or higher can be interpreted as a buy in progress for further uptrend. A drop below 29762.38 is likely to touch the HA-Low indicator on the 1D chart. Since it rose above 28923.63, there is nothing to do now. At least, you can buy it when it shows support near the HA-High indicator on the 1D chart, but it is not possible in the current situation. The reason is that important support and resistance zones are formed across the 32259.90-37253.81 area. Therefore, if you have made a purchase at the current point, you must create a trading strategy from a short-term perspective that requires a quick response. Talking about the ambiguity of buying BTC will naturally turn your eyes to altcoins. Since altcoins require a faster response than BTC, even altcoins that are currently in an attractive price range may suffer losses due to failure to respond, so be careful when trading. In order to avoid such losses, it is always recommended to split and sell when there is a sharp rise. ------------------------------------------ (BTCKRW chart) The next period of volatility is around June 29th. During this period of volatility, we need to see if there is a move out of the 37821000-40674000 range. ------------------------------ - big picture A full-fledged uptrend is expected to start when it rises above 29K. This is the 81K-95K range that 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. ---------------------------------
by readCrypto
2
An example of a trading strategy with a long-term perspectiveHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (BTCUSDT chart) (1W chart) The importance of the 32259.90 point can be seen by looking at the chart. Therefore, if it rises above 32259.90, a sharp uptrend is expected. However, as seen on the 1M chart, important support and resistance areas are formed across the 35045.0-37253.81 area. Therefore, to break above the 35045.0-37253.81 area, I think a lot of buying should be done in the current price range. In fact, many purchases have already been made. I think it is very unlikely that it will rise directly to the point of 43823.59, the current HA-High indicator point on the 1M chart. It is not known how to make the horizontal line of the HA-Low indicator longer than the horizontal line of the HA-High indicator. However, in order to continue the upward trend, the horizontal line of the HA-Low indicator must be longer than the horizontal line of the HA-High indicator. Therefore, it is expected to create an inversion of the HA-High and HA-Low indicators. When this reversal occurs, it is the time to make full-fledged purchases from a long-term perspective. (1D chart) I said that when BTC is below 29K, it is time to intensively buy BTC or ETH. Now that the BTC price has risen above 29K, it is time to find a time to split or sell, or wait and see. However, since it is currently located near the HA-High indicator on the 1D chart, it is possible to buy from a short-term perspective. This short-term buy requires a quick response. Therefore, what you should check from now on is altcoins. You can start looking at the charts of the altcoins you have been interested in. The first purchase of an altcoin must have been made under BTC 29K. This is because when BTC shows volatility and rises, trading in altcoins is more accessible. Since the 2nd purchase of altcoins is up to BTC 43K, it is necessary to proceed with the 2nd purchase while checking the movement of the chart widely. It is expected that the full-fledged purchase of altcoins should be carried out at 43K or higher to be able to hold them stably from a long-term perspective. ------------------------------------------ (BTCKRW chart) The next period of volatility is around June 29th. During this period of volatility, we need to see if there is a move out of the 37821000-40674000 range. ------------------------------ - big picture A full-fledged uptrend is expected to start when it rises above 29K. This is the 81K-95K range that 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. ---------------------------------
by readCrypto
3
Coming out of the downtrend channel in the long termHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (DXY chart) DXY's decline is expected to energize the investment market. So, the question is whether it can move sideways below 102.034. The 102.034-105.664 section is a boundary section, and depending on the direction of departure from this section, there is a possibility that a new trend will be formed in the investment market. Therefore, the coin market appears to be affected by DXY. ---------------------------------------------- (USDT chart) (USDC chart) I think the rising gap between USDT and USDC shows that money has flowed in. Therefore, it can be seen that funds are currently flowing through USDC. Funds flowing through USDC are likely to come from US-based investment institutions. Therefore, it is possible that the current rise in BTC price has been driven by investment institutions or powers. (BTC.D chart) (USDT.D chart) For information on BTC dominance and USDT dominance, please refer to the previous USDT chart description. -------------------------------------------------- ------------- (BTCUSDT chart) If you look at the 1M chart, you can see that a move is coming out to break out of the downtrend line, a downtrend, as it rises above 28923.63. So, if the price holds above 28923.63, I would expect it to rise around 35045.0-37253.81. In order to show a full-fledged uptrend from a long-term perspective, the price must be maintained by rising above the HA-High indicator on the 1M chart. Accordingly, it is expected to start when it rises above 43823.59, the current 1M chart's HA-High indicator point, or when it receives support near the 1M chart's HA-High indicator, which has been moved due to volatility. It rose above 27496.02, the HA-High indicator point on the 1W chart, and is currently located near the 30184.24 point, the HA-High indicator point on the 1D chart. Accordingly, an attempt is underway to deviate from the important section of 25994.07-30184.24, that is, the section consisting of HA-Low on the 1D chart and HA-High on the 1D chart. Therefore, we can see that the possibility of breaking the latest high is increasing. If this shows support at or above the 27496.02-30184.24 zone, I would expect it to rise around 32259.90. This rise has created a new trend line, changing the period of volatility. The next period of volatility is around June 28th. We need to see the movement starting from this period of volatility until around July 8th. Since we touched the 30184.24 point, the HA-High indicator point on the 1D chart, it is recommended not to fall below 28923.63 if possible. Since the 28923.63 point corresponds to the volume profile section of the 1M chart, if it falls below this point, there is a possibility that it will drop to around 26574.53. In any case, it is the time to sell first because it touched the HA-High indicator on the 1D chart while rising above the HA-Low indicator on the 1D chart. If you sold in parts while passing through the important sections of 26574.53-27496.02 and 28465.36-28923.63 before, you do not have to sell this time. However, since the HA-Low and HA-High indicators are paired trading indicators, it is time to split and sell. If you made an aggressive purchase, the transaction was completed primarily by touching the HA-High indicator on the 1D chart. You can keep the number of coins corresponding to the remaining profit or sell them at the appropriate time. What you need to think about now is whether to proceed with a full-fledged purchase when the HA-High indicator on the 1M chart is touched, or whether to proceed with a split purchase when the price is maintained above 28923.63, which is the volume profile section of the 1M chart. The condition that will be created by the decline of the HA-High indicator on the 1M chart must be released after the RSI indicator enters the overbought zone. Right now, the RSI indicator sits around 54, so it looks like it needs to surge a bit more or go sideways. This is the big picture of your trading strategy. From a short-term perspective, if you look at the 1D chart, you can buy if you see support around 30184.24. The timing of this sale is 1st: 32259.90 2nd: 35045.0 3rd: 37253.81 This is when resistance is received near the 1st to 3rd order above. ------------------------------------------ (BTCKRW chart) A change occurred in the volatility period as a new trend line was created on the 1W chart. So, the next period of volatility is around June 29th. During this period of volatility, we need to see if there is a move out of the 37821000-40674000 range. If the price holds above 37821000 or above the HA-High indicator on the 1D chart, I would expect a rise around 43761000. If not, you should check for support around 35539000. ------------------------------ - 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. ---------------------------------
by readCrypto
2
32275.6 Breakthrough Attempt Probabilityhello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (BTCUSDT.P chart) Looking at the 1M chart, If the price stays above the 28454.9-28951.7 zone, it breaks out of the downtrend channel. Accordingly, you must choose whether to proceed with the second split purchase from a long-term perspective, or proceed with full-fledged purchase when supported by the HA-High indicator on the 1M chart. Looking at the 1W chart, Since it rose above the HA-High indicator on the 1W chart, it is expected to break the latest high. Accordingly, it is expected to rise to around 32275.6. Currently, it is difficult to proceed with the purchase as it is located midway between 27576.0 and 32275.6, that is, near the previous latest high of 31059.0. Therefore, it is judged that it is better to wait and see from a mid- to long-term perspective. However, if you bought near the HA-High indicator of the 1W chart, that is, around 27576.0, it is recommended to split and sell if you see resistance around 32275.6. Looking at the 1D chart, It is located near the HA-High indicator on the 1D chart. Accordingly, it is necessary to check whether it is supported or resisted by the HA-High indicator on the 1D chart. A drop below the 28454.9-28951.7 zone could lead to further declines, so countermeasures should be considered. If it leads to further declines, it will be important to find support around 27486.4. The next volatility period is around July 4-11. After this period of volatility, the question is whether the price remains above the HA-High indicator on the 1D chart. If it is supported and rises from the HA-High indicator on the 1D chart, 1st: 32275.6 2nd: 35280.2 The area around the 1st and 2nd above corresponds to the split selling section. ------------------------------------------ (BTCKRW chart) The next period of volatility is around June 29th. During this period of volatility, we need to see if there is a move out of the 37821000-40674000 range. ------------------------------ - 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. ---------------------------------
by readCrypto
1
Next period of volatility: around July 8Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (BTCUSDT chart) It is rising above the important point of 27496.02. I have previously said that in order to get out of the downtrend channel in the long term, the price needs to stay above 28923.63. The aggressive buying section is the 25994.07-27496.02 section. The first sell zone of this aggressive buy is around 28923.63. And, it is near the HA-High indicator on the 1D chart. The 28923.63 point is the volume profile section of the 1M chart, so it is highly likely to form an important support and resistance section, so it is the first selling section. Since it continues to rise while rising above the HA-Low indicator on the 1D chart, there is a high possibility that it will basically rise around the HA-High indicator on the 1D chart. However, when there is a rapid rise, most indicators show a rapid fluctuation, so the possibility of the HA-High indicator on the 1D chart falling and being created increases. Currently, the HA-High indicator on the 1D chart is located at the 30184.24 point, but if it moves sideways around 28923.63, I think there is a possibility that the HA-High indicator will fall and be created. If the HA-High indicator on the 1D chart is created with a decline, you should check whether there is support or resistance around it. Once supported, it is time for a second round of buying from a short-term perspective. Since most important indicators are passing through the 25994.07-30184.24 section, eventually being supported in this section will show an upward trend from a mid- to long-term perspective. The next period of volatility is around July 8th. ------------------------------------------ (BTCKRW chart) The key is whether it can rise above 37821000 and be supported. ------------------------------ - 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. ---------------------------------
by readCrypto
3
Volatility period until June 19 (Importance of studying candles)Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (BTCUSDT chart) (1M chart) (1W chart) After studying candlesticks, when you look at candlesticks on a chart, the tails are the first thing you see. The reason is that it shows a phenomenon that is highly likely to generate volatility. The change in the candlestick may not seem like a big deal, but after studying, you will be able to detect faster changes in the chart. It can be said that candle study is the most basic in chart analysis. Changes in candlesticks in the coin market cannot be easily discerned. The reason for this is that we conduct 24-hour trading. Among the changes in the candlestick, the movement near the tail can be checked to some extent with the candlesticks on the 1W and 1M charts. You can proceed with trading only by detecting the change of the candlestick. In order to trade, you must have a trading strategy. That's why you need support and resistance points or zones to create a trading strategy. (There is no need to memorize candle patterns. The reason I am talking about studying candlesticks is to identify movements such as changes in buying and selling forces following changes in candlesticks. Never try to memorize candle patterns just because you are studying candles. Like reading a novel, you should study like watching a movie.) The basis for identifying support and resistance points or zones can be found in candlestick shifts. Even in that sense, studying about candles is essential. If you look at the current 1M, 1W, and 1D charts, you can see that the overall trend is down. It can be seen that to break out of this downtrend, it is necessary to break out of the two downtrend lines drawn on the 1M chart. Therefore, it will need to rise above 28923.63 to ultimately break out of the downtrend. Looking at the 1W chart before that, if it rises above the 26574.53-27590.60 section and shows support, the possibility of an uptrend increases, so you can see that the first selling section is around 28923.63. This is because the 28923.63 point is an important support and resistance zone on the 1M chart. Looking at the 1D chart, the HA-Low indicator on the 1D chart is located at 25994.07. Therefore, it is necessary to check whether it is supported around 25994.07. However, since it is located near the support and resistance zones mentioned on the 1M and 1W charts, you should eventually check the movement until June 19th, this volatility period. Then, the next period of volatility should confirm the move until around July 8th. If the price remains at or above the 26574.53-27496.02 range after around July 8th, it is likely to show an uptrend. This is because it breaks out of the two downtrend lines drawn on the 1M chart. In order to create a trading strategy like this, you need to refer to all time frame charts, find important support and resistance sections, and think about countermeasures for those points or sections. Therefore, you should spend more time creating and revising your trading strategy than you spend analyzing charts to successfully close trades. ------------------------------------------ (BTCKRW chart) It is showing a downward trend, falling below the HA-High indicator on the 1W chart. However, since the HA-Low indicator point of the 1D chart was created at the 34225000 point, it is necessary to check whether it is supported near this point. If supported, it is likely to rise to the vicinity of the HA-High indicator on the 1D chart. Since there are many important support and resistance sections to rise to the point of the HA-High indicator on the 1D chart, it would be better to check where the HA-High indicator on the 1D chart is created by falling. The important support and resistance zones are -34820000-35539000 -37821000-39579000 This applies to the above section. If it falls below 34225000, 1st: 31024000-32042000 2nd: 27317000-29639000 You need to make sure that it is supported in the vicinity of the 1st and 2nd above. ------------------------------ - big picture A full-fledged uptrend is expected to start when it rises above 29K. This is the 81K-95K range that 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. ---------------------------------
by readCrypto
3
Around June 12-18 is a period of volatility - 2Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (BTCUSDT chart) (1W chart) As it fell near the HA-High indicator of the 1W chart, around 26574.53, it shows a transition to a downward trend from a mid- to long-term perspective. Also, if the MS-Signal indicator turns into a bearish sign as it falls below the MS-Signal indicator, the downtrend may accelerate. Accordingly, the possibility of a decline to the maximum around 20798.16-20862.47 is increasing. Currently, the 4th wave of the rising wave is underway. () Therefore, it is not yet known on the 1W chart whether the current uptrend 4th wave is going to turn into a downtrend. To know this, you need to see the movement of the 1M chart. (1M chart) Looking at the 1M chart, it appears that the 2nd wave of the uptrend is under way. If it is not a second wave, it is expected to fall below the point of the HA-Low indicator on the current 1M chart. Therefore, the peak of this decline is expected to be around 20050.02. However, considering the current situation, the HA-Low indicator on the 1M chart, which is expected to occur around 23141.57 and when the decline proceeds, is expected to rise and be created, so I think it is highly likely to receive support and rise near that point. . () So, I would expect it to try to break out of the downtrend line, either sideways or finding support around 23141.57, as shown in the chart above. When this happens, you have to think about whether you can proceed with the purchase. This is a difficult situation to determine, as the price needs to rise above 28923.63, where it eventually began to decline, in order to turn from a rebound to an uptrend. However, if there is a move out of the downtrend line, I think you can seize the opportunity to earn profits up to the first selling zone around 28923.63 by aggressively buying. My opinion is that the current downtrend corresponds to an important buying period because, from a long-term perspective, the second wave of the uptrend is underway. Therefore, when this drop touches the HA-Low indicator on the 1M chart and shows support, I think we should proceed with buying as a long-term investment. (1D chart) It is declining in the 26013.28-30184.24 zone, which was an important sideways zone. This drop occurred around June 12-18, during this volatility period. So, the volatility period is still underway and we need to see the movement up to around June 18th (June 19th). If it rises, it should rise at least 26574.53 and, if possible, rise above 27496.02 to maintain the price, so that it is highly likely to turn into an upward trend. If the current decline continues, 1st: 23141.57-24113.48 2nd: 21023.14-21853.06 You need to make sure that it is supported in the vicinity of the 1st and 2nd above. If you look at the right side of the chart to see why there is a possibility of receiving support near the 24113.48 point, the B section is marked. ------------------------------------------ (BTCKRW chart) It is declining after finding resistance around 34820000. Therefore, it is necessary to confirm that it is supported around 31024000-32042000. However, since it may rise above 34820000 during the volatility period until around June 16th, you should also think about countermeasures against this. In order to turn into an uptrend, it needs to be supported by a rise above at least 35539000. The Trend-Based Fib Extension on the left was created during a downtrend. We touched the 0.618 (32851000) point. Therefore, considering the 32851000 point, it needs to rise above 37821000 to turn into an uptrend. If it continues to decline, it can be seen that the possibility of falling to around 27317000-29639000 is increasing. Therefore, it is important to find support or resistance around 0.618 (32851000) and 31024000-32042000. ------------------------------ - 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. ---------------------------------
by readCrypto
2
Around June 12-18 is a period of volatilityHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (BTCUSDT chart) During the volatility period around June 12-18, the HA-Low indicator on the 1D chart fell again and was created. As a result, the HA-Low indicator is showing a 3-step cascade decline. During this volatility period, it is necessary to check if it rises above 26295.58 and can be supported by the HA-Low indicator on the 1D chart. If not, you should think about how to respond to it, as it will most likely break the previous latest low again. thus, 1st: 23141.57-24113.48 2nd: 21023.14-21853.06 You need to make sure that it is supported in the vicinity of the 1st and 2nd above. As we have said before, movement is coming. Therefore, the current decline can be seen as the second wave of the uptrend from a long-term perspective. So, with the current decline, all we have to do is find a time to buy. If you do not forget this, I think you will be able to select a good buying time. However, you should mainly purchase BTC or ETH. Otherwise, if you buy mainly altcoins, there is a high possibility of risky results as explained in the Market Cap chart description. For more information, please refer to the Market Cap chart description. ------------------------------------------ (BTCKRW chart) It is declining after finding resistance around 34820000. Therefore, it is necessary to confirm that it is supported around 31024000-32042000. However, since it may rise above 34820000 during the volatility period until around June 16th, you should also think about countermeasures against this. In order to turn into an uptrend, it needs to be supported by a rise above at least 35539000. ------------------------------ - 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. ---------------------------------
by readCrypto
1
Moving from futures market to spot market!!!Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- We are giving more explanation about the BTCUSDT chart than the BTCUSDT.P chart. This is where I think the initiative is shifting from the futures market to the spot market. This is because the movements of the spot market (BTCUSDT chart), i.e. support and resistance points, and periods of volatility are more aligned than the movements of the futures market (BTCUSDT.P chart). This may be a subjective thought, but I think it means that it is time to reconfirm the purpose of the transaction. -------------------------------------------------- ---- (BTCUSDT chart) June has begun a period of full-scale volatility. The volatility period is around June 12-18. (up to June 11-19) The important sideways section is the section 26013.28-30184.24. Therefore, it is necessary to see how BTC moves relative to the important sideways section during this period of volatility. (1W chart) The importance of the 26574.53 point has been emphasized several times, so I think you are aware of its importance. Looking at the 1W chart, the next support and resistance below 26574.53 is at 20862.47. Therefore, if the price declines, it is likely to lead to a sharp decline, and the HA-Low indicator on the 1W chart is expected to rise and create a new one. Therefore, it is necessary to check where the HA-Low indicator on the 1W chart is created, and if it is created, whether it is supported around it. (1D chart) Looking at the current 1D chart, it fell below 26013.28, so the key is whether it can rise above 26574.53 quickly. If not, it is expected to lead to further declines. 1st: 23141.57-24113.48 2nd: 21023.14-21853.06 You need to make sure that it is supported in the vicinity of the 1st and 2nd above. ------------------------------------------ (BTCKRW chart) It fell below 34820000 in the 34820000-37821000 section. Therefore, if resistance is confirmed around 34820000, 1st: 31024000-32042000 2nd: 27317000-29639000 You need to make sure that it is supported in the vicinity of the 1st and 2nd above. Since around June 10-16 is a period of volatility, it is necessary to check what kind of movement will be made during this period. ------------------------------ - 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. ---------------------------------
by readCrypto
6
Need to check if you can get out of the current sideways sectionHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (BTCUSDT chart) It is necessary to check in which direction of the sideways section of 26013.28-30184.24 it is deviating. Among these sideways, the important support and resistance sections are 1. 26574.53-27496.02 2. 28465.36-28923.63 Sections 1 and 2 above. Therefore, it is necessary to check whether it is supported or resisted in sections 1 and 2. Looking at the long term perspective, i.e. on the 1M chart, the important support and resistance range is the 28465.36-28923.63 area. Therefore, if the price rises above this range and maintains the price, it is expected to continue the upward trend from a long-term perspective. From a medium to long term perspective, i.e. looking at the 1W chart, the important support and resistance range is the 26574.53-27590.60 area. Therefore, if the price rises above this range and maintains the price, it is expected to continue the upward trend from a mid- to long-term perspective. The sideways range of 26013.28-30184.24 falls within the range of the Bollinger bands on the 1D chart. The bottom of the Bollinger bands corresponds to the important section where the M-Signal indicators on the 1M and 1W charts are passing. The upper part of the Bollinger bands corresponds to the section where the HA-High indicator of the 1D chart is formed. Also, with the decline prior to May 9th, the Stochastic, RSI, StochRSI and CCI indicators are all at steadiness. Therefore, it can be seen that the current segment is definitely a sideways segment. If this movement continues, it can be said that it is likely to eventually show an upward trend, but it is located near the lower end of the sideways zone, so it is actually a difficult area to trade. Therefore, in order to trade in these sections, you must trade with a level of investment that does not upset your psychological state. Therefore, an aggressive buying section is possible when it shows support in the 26574.53-27496.02 section. As mentioned above, this section corresponds to an important section of the 1W chart, so it is a buying season from both a short- and mid- to long-term perspective. Therefore, it is necessary to conduct transactions by adjusting the proportion of investments in consideration of one's own investment style, that is, the investment period. Above the 26574.53-27496.02 section, the vicinity of 28465.36-28923.63 and 30184.24 is an important support and resistance section, so it is a split trading point, so you must think about countermeasures and proceed with trading. ------------------------------------------ (BTCKRW chart) It is necessary to check in which direction it deviate from the 34820000-37821000 section. If it finds resistance below 34820000, I would expect a decline around 29639000. At this time, it is necessary to confirm as it can be supported around 31024000-32042000. If it finds support above 37821000, it is likely to break the recent highs. Therefore, it is expected to rise around 40674000. At this time, you may receive resistance near the HA-High indicator on the 1D chart, so you need to check. ------------------------------ - 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. ---------------------------------
by readCrypto
2
Each Time Frame Chart DescriptionHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (BTCUSDT.P chart) 1. 1M chart - It depends on whether it can rise above 28454.9 to break out of the downtrend channel. - If it continues to decline, check if there is support around 23129.6 - If the HA-Low indicator rises and is created during a fall, the key is whether or not it is supported in that area. (If it is supported, it is a buying time from a long-term perspective) 2. 1W chart - In order to turn into an upward wave or continue the upward trend, it is important whether it is supported by rising above the HA-High indicator of the 1W chart or above 27576.0. - If it falls below the MS-Signal indicator and receives resistance, it is expected to fall to around 20853.8 However, if the HA-Low indicator of the 1W chart rises and is created, the key is whether or not it is supported around that area. (If supported, it is a buying period from a mid- to long-term perspective) 3. 1D chart - Currently on sideways in section 25882.9-30181.8. So, if there is resistance below 25882.9, I would expect a decline around 23129.6. At this time, the first support section is around 24294.1. The important thing here is when the price goes down and then goes up. If the price falls below 25882.9 and continues to decline, then rises at any point or section, it is highly likely that a trend reversal will occur when it rises above 27486.4. If not, it is highly likely to fall again, so a countermeasure is needed. In other words, you need to trade with a short-term perspective. If so, when is the right time to buy in earnest? The time to buy in earnest is when the HA-High indicator on the 1M chart shows a decline and is about to be created, and shows support around it. The timing of the purchase above is a long-term view, that is, when you can proceed when holding for more than one year. Therefore, it is necessary to adjust the proportion of investments. Since you will hold it for more than one year, if you buy it with a high proportion thinking that you will get a bigger profit if you buy it at the lowest price, you are more likely to sell it without holding it for long. Therefore, it is most important to maintain an appropriate investment exposure to hold for a long period of time. I think it is possible to buy from a mid- to long-term perspective or from a short-term perspective when it shows support around 30181.8 from the current price position. However, if it shows support around 27486.4, aggressive buying is possible. This aggressive buying corresponds to the first selling section when it rises to the vicinity of the HA-High indicator on the 1D chart. Therefore, from a mid- to long-term perspective, it is an aggressive buying zone (around 27486.4) and a full-fledged buying zone (near the HA-High indicator on the 1D chart). Currently, the HA-High indicator of the 1D chart is formed at point 30181.8, so if it is supported around this point, full-fledged buying is possible from a mid- to long-term and short-term perspective. If you made a full-fledged purchase like this, the first selling section is around 32275.6-34118.1. No matter what anyone says, you must create a trading strategy according to your own investment style, that is, the investment period, and trade with confidence in that trading strategy. Otherwise, if you change your trading strategy from time to time due to current price fluctuations or what people around you say, you are likely to end up with little or no loss. ------------------------------------------ (BTCKRW chart) The 24820000-39579000 section is an important support and resistance section and is likely to be a sideways section. Therefore, it is necessary to check in which direction it is deviating from this section. A decline below 34820000 shows resistance, I would expect a decline around 29639000. (However, the first support section: 31024000-32042000) ------------------------------ - 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. ---------------------------------
by readCrypto
3
Let's see the analysis that fits your investment styleHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (BTCUSDT chart) It is showing a decline within the falling channel created on the 1M chart. It is showing a decline in the rising channel of the 1W chart. Therefore, the key is whether it can rise quickly to the 26574.53-28923.63 section. If not, you should check for support around 23141.57, the support and resistance point drawn on the 1M chart. As I continue to tell you, whether the price goes down or rises, the important thing is that you should trade according to your investment style and investment period. Your investment style and investment time correspond to day trading, but creating a trading strategy with more than short-term and mid- to long-term flows is very likely to fail. Conversely, when trading in the mid- to long-term, making a trading strategy with the current flow, that is, the flow corresponding to day trading, the possibility of failure in trading becomes very high. Therefore, you should check the articles that apply to your investment style and investment period in numerous analysis articles and refer to them to create your own trading strategy. Analysis published by others is their own opinion. Therefore, no matter how detailed the description of the analysis is, it is not possible to gain real-time insight into how to respond to actual price volatility. So, you can't really find what you're looking for in someone else's analysis. It is only possible to check the basis of the analysis of the person who posted the analysis. Since there are quite a lot of articles that do not explain the basis for analysis, I think that there is little to be gained from such articles. The reason or rationale used in the analysis can guide you in creating your trading strategy. Even if your chart analysis is perfect, you will not be able to trade in the end if you do not create a proper trading strategy. That is why it is more difficult to create a trading strategy than to analyze it. However, you will usually spend more time analyzing charts than trading strategies. The reason is that it is believed that the reason for the failure to trade, such as to buy at the lowest point or sell at the highest point, to obtain more profits, to minimize losses, etc., is due to failure to properly analyze the chart. However, it is not. Chart analysis only makes it possible to identify trends or support and resistance points or zones on the chart. Therefore, even if you do not properly analyze the chart, if the trading strategy according to the time you want to trade is properly created, you will be able to get minimal losses and extravagant profits. What is a trading strategy 1. Investment period 2. Investment size 3. Transaction method and profit realization method This is to organize your thoughts on points 1-3 above. The part that actually proceeds with the transaction corresponds to part 3, but in order to do so, 1 and 2 must be accurately determined. Therefore, 1. Determining the investment period should be the top priority in creating a trading strategy. The investment period is determined by your investment style. If your mental state becomes unstable due to current price fluctuations or if you constantly change your actual trading method whenever price fluctuations occur, then you have no concept of trading strategy or have not yet found your own investment style. I think it will. In this state, investing a large amount of money to trade can amount to gambling, so it is highly likely that you will end up with a large loss. Therefore, it is best to trade with less money until you can find your own investment style or create a trading strategy. If you are not confident in chart analysis and trade by creating your own trading strategy based on the analysis of others, there is still a high possibility of earning profits. The reason is that you can respond according to real-time price fluctuations according to your investment style with the information obtained from chart analysis, that is, support and resistance points or sections, volatility periods and fluctuation ranges. My charts have a lot of content to create a trading strategy for. These contents are available for all investment periods. In particular, I would like you to know that the part where I dare to mention support and resistance points or sections in writing is a more important part than other points or sections. ------------------------------------------ (BTCKRW chart) It is expected to break out of the downtrend line created on the 1M chart, i.e., to rise above the downtrend line, around 40674000. If it continues to decline, you should check for support around 31024000-32042000. Looking at the 1W chart, the price is located near the bottom of the MS-Signal indicator. Therefore, it cannot be seen that the trend has turned to a downtrend yet. Therefore, it is necessary to make sure that it can rise above 35539000 quickly. If it doesn't and it goes down, it's because it is expected to show a downtrend towards the 27317000 area. The 1M, 1W chart is a chart that corresponds to the big picture to know the approximate flow. Therefore, you can use it for actual trading by checking whether you are supported or resisted at the support and resistance points or sections shown on the 1D chart. Therefore, it is expected that the direction will be determined by whether it is supported or resisted around 34820000. Confirmation of support and resistance requires confirmation for at least 1-3 days. Accordingly, we need to check the movement at least from June 6th to 8th. ------------------------------ - 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. ---------------------------------
by readCrypto
3
Currently, BTC is in an obscure, important areaHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (BTCUSDT chart) It is the same as what I said through the BTCUSDT chart. As the month of June began, a downward channel was formed on the 1M chart, a long-term perspective. Therefore, whether or not it breaks out of this downtrend channel is expected to affect the long-term trend. Therefore, it is important to see if the price can sustain the rise above 28454.9. On the 1W chart, i.e. from a medium to long term perspective, the area around 27576.0 is an important support and resistance zone. Therefore, it is expected that the trend will change depending on whether it is supported or resisted near the HA-High indicator on the 1W chart. Therefore, the key is whether the price can maintain the price by rising above 27486.4, the point of the HA-HIgh indicator on the 1W chart drawn on the 1D chart. A down channel was created on the 1M chart, but the direction is not easy to predict as it is located within an up channel on the 1W chart. Therefore, when you are in such an obscure zone, it is better to wait for direction to occur without trading if possible. Depending on my investment period, short-term trading is possible when it shows support near the HA-Low indicator on the current 1D chart. And, mid- to long-term trading is possible when it shows support near the HA-High indicator on the 1W chart. How long is your investment period? ------------------------------------------ (BTCKRW chart) Depending on whether there is support or resistance around 35539000, a trend is expected to form. When a new downtrend line is created on the 1M chart, a downside channel has been created and a trading strategy is needed to prepare for the downside. Therefore, it is a matter of which way you deviate from the 35539000-37821000 interval. ------------------------------ - 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. ---------------------------------
by readCrypto
Positioning within a long-term downtrend channelHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (BTCUSDT chart) (1M chart) The StochRSI indicator is starting to show signs of declining. However, since it is still in the overbought zone, it can be seen that the uptrend is strong. Therefore, it is necessary to check whether the StochRSI indicator leads to the appearance of getting out of the overbought zone. In any case, a new trend line was formed as the StochRSI indicator gave a bearish indication. Since this trend line formed a down channel, the question is whether it can break out of this down channel. The HA-High indicator on the 1M chart is still located at 43823.59. It can be said that conditions have been created to continue the upward trend on the 1M chart only when it rises above the HA-High indicator. Therefore, it is expected that it will rise above the current HA-High indicator or shake up and down to cause the HA-High indicator to fall. From a trend point of view, it is located near the MS-Signal indicator, so if it shows support near the MS-Signal indicator, there is a possibility of an uptrend. Therefore, it can be interpreted that although a new movement has been detected on the 1M chart, it is still unknown in which direction it will move. -------------------------------------------------- --- (1W chart) You can know a little more direction than the 1M chart. The StochRSI indicator is showing a transition from an oversold zone to an uptrend. However, since the price has yet to break out of the oversold zone, it can be seen that the decline is strong. Therefore, when the StochRSI indicator breaks out of the oversold zone, it is important whether it finds support or resistance at any point or zone. Currently, the 26574.53 point is an important support and resistance point. At this point, the HA-High indicator of the 1W chart is formed. Therefore, if you see support in the 26574.53-27590.60 section, it is expected to show an upward trend. Therefore, even if a downtrend channel is formed on the 1M chart, if it finds support around 26574.53 and rises or moves sideways, it is expected to lead to a move away from the downtrend channel on the 1M chart. If it rises to 27590.60 and makes an upward move, it is likely to see a move towards 32259.90. Therefore, the 26574.53-27590.60 range is an aggressive buy range. However, if it falls below 26574.53 and shows resistance, you should be able to stop loss. If it falls below 26574.53, there is a possibility of a decline around 20862.47-23141.57. These zones correspond to the support and resistance points on the 1M and 1W charts. -------------------------------------------------- (1D chart) During the short-term volatility period, it touches around 26574.53 and shows an upward movement. However, if the price fails to maintain the price by rising above the newly formed downtrend line, above 27496.02, it is expected that it will eventually fall below 26013.28, leading to a sharp decline. Therefore, the key is whether it can receive support around 27079.41, the point of the HA-Low indicator on the 1D chart, and rise above 27496.02. Even if it rises above the 27496.02 point, a quick response is required because a volume profile section is formed across the 28465.36-28923.63 section. Therefore, aggressive buying is recommended when the price shows support in the 26574.53-27496.02 section. This is because if you buy after seeing support above 27496.02, you may encounter resistance and decline in the volume profile section formed right above it. Therefore, there is a possibility of receiving resistance and falling in the volume profile section and receiving support around 27496.02 and rising, so you may experience an increase when you make a stop loss. Therefore, it is not recommended to buy aggressively if you are not familiar with day trading because it is an area where you need to make a decision more quickly. With the creation of a new downtrend line on the 1M chart, we expect a period of full-scale volatility to run around June 12-18. Over this period of volatility, we need to see if it leads to a move out of the 23141.57-28923.63 area. If it moves sideways during this period of volatility, 1. If it moves sideways around 26013.28-27496.02, I would expect it to follow the downward channel formed on the 1M chart. 2. If it moves sideways around 27496.02-28923.63, it is expected to touch the area around the HA-High indicator on the 1D chart and re-determine the direction. For reference, the current HA-High indicator on the 1D chart is located at 30184.24. ------------------------------------------ (BTCKRW chart) Depending on whether there is support or resistance around 35539000, a trend is expected to form. When a new downtrend line is created on the 1M chart, a downtrend channel has been created and a trading strategy is needed to prepare for the downside. Therefore, it is a matter of which way you deviate from the 35539000-37821000 range. ------------------------------ - 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. ---------------------------------
by readCrypto