Section becomes more importantHello?
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It is important to know what investment period the person publishing the idea is talking about.
If you don't know the intentions of the person publishing the idea, I don't think there is anything to draw from the idea.
The reason is that it may not match your investment period and create a wrong trading strategy.
You should always think about this and refer to other people's ideas.
Check which chart it is based on.
If the idea is written below a 1D chart, it is a short-term idea, so it is best to think of it as an idea for day trading.
Therefore, if more than 3-4 days have passed since publishing, it is best to consider the idea as meaningless.
Since the investment period is short-term, movements are usually predicted for about 7-10 days.
Depending on the person, the short-term period may be viewed as longer, so you can think about it according to your own thoughts.
The charts I usually publish are 1D charts.
Therefore, you are writing your ideas from a short-term perspective.
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(BTCUSDT chart)
(1M charts)
The StochRSI indicator is falling below 50, showing that the strength of the decline is increasing.
Accordingly, you need to check at what point and in what section you receive support or resistance and think of a response plan.
The key is whether it can be supported in the section consisting of the trend-based Fib Extension and volume profile section depicted on the current chart.
In other words, it is important to receive support in the 27021.99-28465.36 range.
(1W chart)
What is important to look at in the 1W chart is whether it falls below the 21258.0-23174.39 range or rises above the 29241.72-30767.38 range.
Since the last week of volatility week has begun, it is important to check the volatility this week.
(1D chart)
The lines displayed on the chart, that is, lines corresponding to trend lines (MS-Signal, M-Signal, trend lines, etc.), can be thought of as psychological elements in nature.
The reason is because it is a line corresponding to the moving average line.
So, in some ways, it can be a meaningless line, or it can be a very important line.
Currently, the section consisting of the M-Signal indicator on the 1W chart and the M-Signal indicator on the 1M chart can be considered an important psychological section.
In addition, since the MS-Signal indicator is rising into the section comprised of the M-Signal indicator, its psychological impact can be seen as becoming stronger.
Therefore, whether support or resistance is received in this psychological zone is likely to have an impact on creating a trend.
The StochRSI indicator usually rises near the overbought zone when it rises from the oversold zone, and moves in the opposite direction, creating waves that repeat infinitely.
However, sometimes it bends and moves around 50.
This movement can be seen as a movement that makes the currently established trend stronger.
Therefore, in case 1, the upward trend was strengthened and could lead to a large upward trend.
Conversely, in case 2, the downward trend is likely to intensify and lead to a large downward trend.
Therefore, it confirms that whether support or resistance is received in the section consisting of the M-Signal indicator of the 1W chart and the M-Signal indicator of the 1M chart has become an important key.
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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