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Support zone: Around 189.84Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (1M chart) You need to check if it is rising along the rising channel. The important zone on the 1M chart is around 175.45. (1W chart) The important zone on the 1W chart is around 189.42. Therefore, the support zone is the 175.45-189.42 zone. You need to check if it is forming a trend while passing through the week including July 22nd and the week including August 19th. If it falls below 157.65, we need to check for support near 136.72. (1D chart) The important sections on the 1D chart are around 189.84 and 172.16. Therefore, the key is whether it can find support near 189.84 and rise above the Fibonacci ratio of 0.5 (197.89). If it falls near 189.84 and shows resistance, 1st: 181.99 2nd: 172.16-175.45 We need to check for support near the 1st and 2nd above. Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that the real uptrend will start after rising above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 13401.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. Since it is thought that a new trend can be created in the overshooting section, it is necessary to check the movement when this section is touched. #BTCUSD 1M If the major upward trend continues until 2025, it is expected to start by creating a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
NASDAQ:AAPL
by readCrypto
Support zone: Around 67300-70700Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (Samsung Electronics 1M chart) The area around 70700 is likely to complete the 'M' pattern and turn into a downtrend. Therefore, whether there is support around 70700 is an important issue. (1W chart) The important zones on the 1W chart are around 77500 and 57400. Therefore, the key is whether the price can be maintained above 77500 when it rises with support near 70700 as mentioned on the 1M chart. If not, and it falls near 70700, there is a possibility that it will fall to around 57400. Since the 57400 point is the HA-Low indicator point on the 1D chart, there is a possibility that the HA-Low indicator will be newly created as the price falls. Therefore, if the HA-Low indicator is newly created, whether there is support near that area will be an important issue. (1D chart) The important sections on the 1W chart are around 84300 and 67300. Accordingly, we can see that the area around 67300-70700 is the support area. If it is supported near the support zone and rises, 1st: 77500-79400 2nd: 84300 The 1st and 2nd zones above are short-term resistance zones. However, if it is confirmed that it is supported in this resistance zone, there is a possibility that it will update the previous latest high. The fact that the HA-Low indicator was created means that a high point zone has been formed. Therefore, since the HA-Low indicator on the 1D chart was created at the 84300 point, it is a high point zone. Therefore, in order for a full-scale uptrend to begin, the price must be maintained above the HA-High indicator. If the HA-Low indicator is created, it means that a low point zone has been formed. Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that a full-scale uptrend will begin when it rises above 29K. The next expected range to touch is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 13401.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points that are likely to receive resistance in the future. We need to check if these points can be broken upward. We need to check the movement when this range is touched because it is thought that a new trend can be created in the overshooting range. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
KRX:005930
by readCrypto
Trend lines are also lagging(?)Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- I think trend lines are drawn to find out the trend that appears when candles are formed. Therefore, since they are drawn after candles are formed, they can be called lagging. However, since there is a characteristic of moving along a trend that has been formed unless there is a special issue, chart analysis is done by referring to trend lines. To draw trend lines, you need to understand the arrangement of candles. If not, there is a high possibility that it will be a meaningless line, so you need to study candles in advance to draw trend lines. The point to use as a reference when drawing trend lines may vary depending on your investment style. When drawing a trend line, I draw it according to the following rules. 1. Connect the opening price of the falling candle among the price candles corresponding to the high point of the StochRSI indicator (indicated by the blue line) 2. Connect the low point of the price candles corresponding to the low point of the StochRSI indicator (indicated by the light green (#00FF00) line) The setting values ​​of the StochRSI indicator are 3, 3, 14, 7 (K, D, RSI, Stoch). However, the source value is the value of the Heikin-Ashi candle (Open + Close) / 2. The difference can be confirmed by the StochRSI indicator and the Stoch RSI indicator of the TS - BW indicator on the chart. 1. Use the high point formed when the StochRSI indicator rises above 80, 2. Use the low point formed when the StochRSI indicator falls below 20. Exclude any low or high points formed other than these. The trend line connecting the low points can be connected by connecting the low points of the price candles. However, the trend line connecting the high points must connect the opening price of the falling candle among the price candles, so when the price candle where the high point of the StochRSI indicator is formed is an upward candle, the opening price of the first falling candle among the right candles is specified and used. Therefore, since there is a difference between the StochRSI indicator of the TS -BW indicator and the general StochRSI indicator, it is recommended to use the StochRSI indicator formula of the TS - BW indicator if possible. When the StochRSI indicator entered the oversold zone and formed two low points, the trend line was not drawn by connecting the two low points. Therefore, the trend line is drawn as shown on the chart. Both the most recently drawn trend lines (1) and (2) are down, so it seems likely that a change in trend will occur. However, since it is virtually impossible to know with just the trend line, it is recommended to comprehensively evaluate by adding auxiliary indicators. Therefore, it is recommended to refer to the BW indicator, which displays MACD, StochRSI, CCI, PVT, and SuperTrend indicators. If the BW indicator is rising from the 0 point, it means that the trend is rising. On the contrary, if it is falling from the 0 point, it means that the trend is falling. Since the BW indicator is currently above the 0 point, we can see that the trend is rising. Therefore, when looking at the trend line and the BW indicator comprehensively, we can respond by selling when it falls from the recently drawn trend lines (1) and (2). However, since the BW indicator is in an upward trend, it is recommended to respond with a split sell rather than a 100% sell. It is still difficult to determine the timing of trading with the trend line alone. Therefore, it is recommended to select the timing of trading by indicating the support and resistance points. In that sense, it is a good idea to add HA-Low, HA-High indicators and use them to select the trading period. Even if you do not use HA-Low, HA-High indicators, you should draw support and resistance lines according to the arrangement of candles on the 1M, 1W, and 1D charts and mark them on the chart to select the trading period. The good thing about using indicators that indicate support and resistance points is that the support and resistance points do not change depending on your psychological state. When you start trading, your psychological state may become unstable due to price volatility, and if you are in an unstable psychological state, you may draw a line incorrectly, which may result in an unreliable line. Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that a full-scale uptrend will begin when it rises above 29K. The next expected range to touch is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 13401.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points that are likely to receive resistance in the future. We need to check if these points can be broken upward. We need to check the movement when this range is touched because it is thought that a new trend can be created in the overshooting range. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
Education
by readCrypto
Important section: 67614.25-70231.38Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BTCUSDT 1M chart) It began to rise in the buy zone and reached its first decline around the Fibonacci ratio point of 1.27 (73.308.95). This first decline continued towards the Fibonacci ratio point of 0.886 (56000.42). It then moves higher and is rising above the Fibonacci ratio point of 1.13 (67031.36). Therefore, it appears that there is a high possibility that the Fibonacci ratio will show volatility through a three-stage movement. If volatility occurs in three stages like this, In case of decline, it is expected to fall around the Fibonacci ratio range of 0.707 (48064.07) to 0.786 (51606.42). When rising, it is expected to rise around the Fibonacci ratio range of 1.618 (88913.24) to 2 (106042.09). Therefore, I think the key is which direction it deviates from the Fibonacci ratio range of 1.13 (67031.36) to 1.24 (73308.95). (1W chart) If it rises along the important upward channel, it is expected to continue the upward trend purchased around 16K-28K. However, since it has created a new rising channel (rising trend line (4) ~ (5)) and is showing an upward trend, if it deviates from this rising channel, volatility is expected to occur to change the trend. Therefore, it is necessary to keep a close eye on the movement between the high trend line of the important rising channel and the rising trend line (4). Therefore, this period of volatility on the 1W chart is expected to last until around the week of July 29th. (1D chart) A short-term rising channel has been formed and the price is showing an upward trend along the short-term rising channel. However, since the rising channel narrows as the price rises, the possibility that the Fibonacci ratio point falls below the short-term rising channel around 1.27 (73308.95) cannot be ruled out. Therefore, the trend line we should consider important is the upward trend line (1). This rising trend line (1) is the corresponding trend line to the rising trend line (4) mentioned in the 1W chart. Therefore, since a short-term uptrend can lead to a movement to continue the mid- to long-term uptrend, we need to think about countermeasures against this. Currently, the HA-High indicator on the 1D chart is formed at 67614.25, and the HA-High indicator on the 1W chart is formed at 65233.64. Therefore, you should consider a response strategy depending on whether there is support around 65233.64-67614.25. The next period of volatility will be around June 4 (June 3-5). However, there is a possibility that proactive volatility may occur from around May 27th to 29th (maximum May 26th to 30th). Have a good time. thank you -------------------------------------------------- - 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. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 13401.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are points that are likely to encounter resistance in the future. We need to see if we can break through these points upward. Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched. #BTCUSD 1M If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
2
Important points: 6.684, 8.144, 10.611Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (DOTUSDT 1M chart) The key is whether it can rise above 9.262 and receive support. (1W chart) It is expected to rise above 10.373 to escape the bottom section. To do so, the key is whether the price can be maintained by rising above the HA-High indicator (8.144) on the 1W chart. The full-fledged upward trend is expected to begin when the price rises above 19.370, which is the volume profile section. (1D chart) The M-Signal indicator on the 1W and 1M charts is passing through the 7.319-8.144 section. Therefore, it is highly likely that an upward trend will begin if the price is maintained above 8.144. If not, and it falls, you should check for support around the HA-Low indicator (6.684) on the 1D chart. From the current price position, the HA-High indicator on the 1D chart is formed at the 10.611 point, so it is expected that the full-fledged upward trend will begin only when it rises above this point. Therefore, the critical points are 6.684, 8.144, and 10.611. You can proceed with your trade depending on whether there is support at these three important points. Have a good time. thank you -------------------------------------------------- - 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. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 13401.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are points that are likely to encounter resistance in the future. We need to see if we can break through these points upward. Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched. #BTCUSD 1M If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
2
Whether a full-fledged upward trend has begun: 69K-70231.38Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (USDT 1D chart) (USDC 1D chart) If USDT and USDC show a rising gap, I think it is evidence that funds are flowing into the coin market. (BTC.D 1M chart) In order for the coin market to continue its upward trend, it must meet resistance and fall in the 55.01-62.47 range. If this is not the case and BTC dominance continues to rise, it is highly likely that funds in the coin market will be concentrated towards BTC, making it quite difficult to trade altcoins. (USDT.D 1M chart) In order for the coin market to continue its upward trend, it must remain below 4.97 or show a downward trend. Summarizing the explanations of BTC dominance and USDT dominance, in order for a bull market in the coin market, that is, a bull market in which most coins (tokens) rise, to begin, BTC dominance and USDT dominance must show a downward trend. -------------------------------------------------- (BTCUSDT 1D chart) This volatility period lasts until May 20th. If the price rises above 69K-70231.38 and maintains the price, a full-fledged upward trend is expected to begin. The key to this full-fledged uptrend is whether it can break above the upper point of the HA-High indicator box on the 1D chart. If not, and it goes down, Support should be checked around 65233.64 (64K-66401.82). Currently, the MS-Signal indicator (M-Signal on 1D chart) is passing around 65233.64, so it is important to see whether the price can be maintained above this point. (1M charts) If the price holds above the Fibonacci ratio point of 1.27 (73308.95), the next target would be around 1.618 (88913.24). If it declines in the first section, you need to check for support in the second section. The HA 5EMA line is rising near 0.886 (56090.42), so if it falls below 0.886, there is a possibility that a downtrend will begin. Therefore, caution is required as sharp drops may occur. The next period of volatility is around June 4th. ------------------------------------------------- (BTCUSDT 1D chart) The indicators used to find a position to start a trade are the HA-Low and HA-High indicators. And, the indicator used to verify this is the BW indicator. Have a good time. thank you -------------------------------------------------- - The big picture A 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. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 13401.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are points that are likely to encounter resistance in the future. We need to see if we can break through these points upward. Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched. #BTCUSD 1M If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
Trading may begin depending on support around 0.1160Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (CHZUSDT 1D chart) The M-Signal indicator on the 1M, 1W, and 1D charts is passing around 0.11610-0.12080. Accordingly, you can start trading around 0.11610-0.12080, depending on whether there is support or not. If supported and rises, 1st: 0.13773-0.15581 2nd: 0.20790 You need to check for support around the first and second rounds above. If the price rises above 0.20790 and holds, it is expected to break out of the bottom range in the long term. Therefore, if it rises above 0.20790, it is expected to surge. If it falls due to resistance near 0.11610, you should check for support around 0.08631 or the HA-Low indicator. Have a good time. thank you -------------------------------------------------- - 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. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 13401.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are points that are likely to encounter resistance in the future. We need to see if we can break through these points upward. Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched. #BTCUSD 1M If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
Check for support around 0.5236-0.5384Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (XRPUSDT 1D chart) The most important point on the XRP chart is the 0.47 point. This is because if it falls below 0.47, it is expected to enter the bottom range from a long-term perspective. Therefore, the price should be maintained above 0.47. Since the M-Signal of the 1M chart > M-Signal of the 1W chart > M-Signal of the 1D chart, it shows a downward trend. Accordingly, the key is whether it can receive support and rise around 0.5236-0.5384. If it fails to rise, caution is needed as it is likely to touch around 0.47 again. If the HA-High indicator is supported and rises, it is likely to renew the previous best high. Therefore, it is time to buy whenever it rises above the HA-High indicator on the 1D, 1W, and 1M charts and shows support. If it is not supported by the HA-High indicator and falls, it will be time for a split sale, so caution is needed in response. One thing you must think about before you start trading is your investment horizon. If you do not decide how long you will invest for, you may not be able to respond properly when prices fluctuate, so you must decide on the investment period. Next, you must decide how much to invest and how to trade or realize profits. No matter how long-term you invest, you must sell when the price rises to a certain level. There are three ways to sell: selling 100%, selling a portion, or selling an amount equivalent to the purchase principal to increase the number of coins (tokens) corresponding to the profit. The method of increasing the number of coins (tokens) corresponding to profit by selling an amount corresponding to the purchase principal ultimately ends up holding only the number of coins (tokens) whose average purchase price is 0. Therefore, there is absolutely no risk associated with holding it. Have a good time. thank you -------------------------------------------------- - 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. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 13401.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are points that are likely to encounter resistance in the future. We need to see if we can break through these points upward. Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched. #BTCUSD 1M If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
2
key is whether it can receive support and rise around 3025.37Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (ETHUSDT 1M chart) You can see that ETH has a volume profile around 2.7K and in the 1.4K-2.0K range. Also, due to this decline, the HA-High indicator appears to be moving from the 3321.30 point to the 2514.38 point. Therefore, if the HA-High indicator is created at the 2514.38 point when this month closes, the primary support zone is expected to be the 2514.38-2.7K zone. The second support range is 1.4K-2.0K. (1W chart) Even if you hide all indicators and just look at the arrangement of candles, you can intuitively know where support and resistance points or sections are formed. The reason is because volume candles charts were used. The thicker the candle, the more trading volume has occurred, so you can see that the point or section where the corresponding candle is located forms a volume profile section. Therefore, it can be said that the area around the candle that the finger points to corresponds to the volume profile section. Since the psychological volume profile section is formed over the 2616.79-3043.91 section, the key is whether it can receive support and rise around this section. (1D chart) Unlike the BTC chart, the HA-Low indicator was not created on the ETH chart. Therefore, it cannot be said that a low point has been formed yet. Therefore, further declines along the downward channel seem likely. At this point, in order to turn into an upward trend, the price must rise above the MS-Signal indicator and maintain the price. Therefore, the key is whether the price can be maintained by rising above 3025.37. The 3025.37 point is the HA-High indicator on the 1W chart, so if it receives support around this point, it is likely to lead to a further rise. In order to continue the upward trend, the price must rise above the HA-High indicator and maintain the price, so it must rise above the 3903.61 point, which is the current HA-High indicator point. Have a good time. thank you -------------------------------------------------- - The big picture A 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. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 13401.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are points that are likely to encounter resistance in the future. We need to see if we can break through these points upward. Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched. #BTCUSD 1M If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
1
Split buying range: Around the 12.840-15.866 rangeHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (TradingView LINKUSD 1M Chart) The important zones for the current price position are 13.49 and 24.02. (1W chart) The important area for the current price position is 19.36. (1D chart) The important zones for the current price position are 13.83 and 19.50. Summarizing the important sections above, 1. 13.49-13.83; 2. 19.36-19.50; 3. 24.02 This applies to sections 1-3 above. -------------------------------------------------- - (Binance LINKUSDT 1M Chart) HA-High indicator: 23.976 (1W chart) HA-High indicator: 19.340 HA-Low indicator: 6.698 (1D chart) HA-High indicator: 19.479 HA-Low indicator: 13.795 The HA-Low indicator on the 1D chart is formed at the 13.795 point, so if the price holds above this point, an upward trend is likely. However, in order to continue the upward trend, the price must rise above the HA-High indicator on the 1D chart, so the price must be maintained by rising above 19.479, which is the current HA-High indicator point on the 1D chart. If the price rises above the HA-High indicator on the 1W chart or the HA-High indicator on the 1M chart and maintains the price, a full-fledged upward trend is expected to begin. Accordingly, looking at the current HA-High indicator position, the last time to buy is when it shows support in the 19.340-23.976 range. In order to buy when supported near the HA-High indicator, you must make a split purchase near the HA-Low indicator. Otherwise, it is not easy to buy near the HA-High indicator. The reason is that the HA-High indicator is an indicator that is formed at the highest point. Therefore, even if you confirm support at the high point, you may not be able to purchase it in the end because you are likely to feel psychologically burdened. Currently, the box section of the HA-Low indicator on the 1D chart is formed over the 12.840-15.866 section. Therefore, you should make split purchases when you see support around the 12.840-15.866 range. The stop loss point for this purchase is when it falls below 12.840 and shows resistance. Have a good time. thank you -------------------------------------------------- - 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. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 13401.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are points that are likely to encounter resistance in the future. We need to see if we can break through these points upward. Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched. #BTCUSD 1M If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
Important section: 65233.64-70231.38Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (USDT 1D chart) USDT is expected to gap up. (USDC 1D chart) USDC is also expected to increase its gap. I believe that the rising gap between USDT and USDC is a sign of funds flowing into the coin market. (BTC.D 1M chart) Rising BTC dominance means that funds are being concentrated towards BTC. Therefore, if BTC dominance maintains an upward trend, altcoins are likely to sideways or decline. In particular, if the altcoin rises beyond the 55.01-62.47 range, it is highly likely that the altcoin will see a larger decline, so you need to think about countermeasures against this. (USDT.D 1M chart) A falling USDT dominance means that the coin market is likely to rise. However, you need to check it comprehensively with BTC dominance. Therefore, if USDT dominance shows a downward trend while BTC dominance maintains an upward trend, caution is required when trading altcoins as only BTC may form a rising market. In order for the coin market to show an overall upward trend, - BTC dominance remains below 55.01 or shows a downward trend, - USDT dominance must remain below 4.97 or show a downward trend. -------------------------------------------------- ---- As funds flow into the coin market, altcoins, including BTC, are also showing an upward trend. However, since BTC dominance maintains an upward trend, it is highly likely that altcoins will not be able to keep up with BTC's rise and will gradually move sideways or even decline. (BTCUSDT 1M chart) It appears that it has touched the second section and is trying to rise to the first section. If the price is maintained above the second section, which is the most important section on the 1M chart, it is expected to continue its upward trend. (1W chart) If the price remains above the important upward channel, the upward trend is expected to remain. The HA-High indicator on the 1W chart is formed at 65233.64, so if the price holds above this point, there is a possibility of renewing the previous latest high. However, since the previous latest high is the new high (ATH), caution is required when trading. As this corresponds to the current period of volatility on the 1W chart, we need to check whether the price holds above the important rising channel and above the 56K-61K range until around the week of July 29th. If not, and it falls, there is a possibility that it will ultimately fall to around 42K-43K. Accordingly, it is necessary to check whether support is received around 53256.64 or 44200-47600. If the uptrend is maintained by renewing the previous high point, the target range is expected to be around 1.618 (88913.24). (1D chart) It is currently rising along the formed short-term upward channel. In order to show a full-fledged upward trend, the price must be maintained by rising above the HA-High indicator on the 1D chart. Currently, the HA-High indicator on the 1D chart is formed at 70231.38. Therefore, the area around 69K-70231.38 could be a resistance area. If we interpret this differently, if it shows support around 70231.38, it can be interpreted as the last buying period before a full-fledged uptrend begins. Therefore, in order to buy at the last buying period, you must have bought when it was supported and rising near the HA-Low indicator. If not, there is a possibility that you may feel psychologically uneasy when purchasing around 70231.38. If you buy with psychological anxiety like this, you may proceed with the transaction erratically, so you need to be careful. Fortunately, the HA-High indicator on the 1W chart is currently formed at 65233.64. Accordingly, from a mid- to long-term perspective, the current price position, that is, around 65233.64, corresponds to the last purchase period and thus is the buying period. This period of volatility will be around May 19 (May 18-20). Therefore, we need to see if the price can be maintained above 69K after this period of volatility. If not, and it falls below 65233.64, you should touch the important trend line, i.e. around 62791.03 and see if it rises. The box section of the HA-High indicator on the 1D chart spans 65086.86-72797.99. Therefore, even if the price rises above 70231.38 and maintains the price, there is a possibility of resistance around 72797.99, so caution is required when trading. Currently, the BW indicator appears to have touched the highest point of the overbought range. You can see that the strength of the rise is that strong. However, since the StochRSI indicator has also risen to the overbought range, the key is whether support can be received at the support and resistance points indicated on the current chart. Therefore, support around 66401.82 ~ 1.13 (67031.36) is expected to be an important issue. Have a good time. thank you -------------------------------------------------- - 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. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 13401.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are points that are likely to encounter resistance in the future. We need to see if we can break through these points upward. Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched. #BTCUSD 1M If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
Next volatility period : around May 19 (May 18-20)Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (USDT 1D chart) (USDC 1D chart) USDT and USDC are showing sideways movements. (BTC.D 1M chart) It is still sideways around 53.44-55.01. (USDT.D 1M chart) For the coin market to continue its overall upward trend, USDT dominance must remain below 4.97 or maintain a downward trend. Otherwise, the coin market as a whole is likely to show a downward trend as it rises around the Fibonacci ratio point of 0.618. therefore, - Are USDT or USDC showing a gap upward trend? - Will BTC dominance remain below 55.01 or show a downward trend? - Is USDT dominance maintained below 4.97 or showing a downward trend? You need to check if the above conditions are met. ------------------------------------------------- (BTCUSDT 1M chart) If it receives support near the second section, I think there is a high possibility of a large upward trend. However, since the buying section of this uptrend appears to have taken place over the 16362.29-28923.63 section, I think there is a possibility that it will fall to around 0.382-0.5, that is, around 46K-51K, as indicated by the Gann Box tool. Even in that sense, you can see how important the second section (56K-61K) is. (1W chart) Because we used a Volume Candles chart, the candles are spaced irregularly. The Volume Candles chart is a chart that combines trading volume with candles, allowing you to intuitively know that the thicker the candle, the more trading volume has occurred. Therefore, when looking at the current candle, I think it is difficult to say that enough trading volume has occurred to change the trend. The period of volatility on the 1W chart is expected to span the week before and after April 29th through the week before and after July 29th. At this time, the most important thing is whether the upward trend can be continued along the important upward channel. (1D chart) The key is whether it can find support near 61K and rise along the important uptrend line. The next period of volatility is expected around May 19 (May 18-20), so the question will ultimately be whether the price can be maintained above 61K. The HA-Low indicator is formed at the 62791.03 point, and the box section of the HA-Low indicator is currently formed over the 65500.0-58811.32 range. Therefore, a trend is expected to form when the price breaks out of the box area and remains there. In order for a full-fledged uptrend to begin on the 1D chart, the price must be maintained above the HA-High indicator. Therefore, the current HA-High indicator point is formed at 70231.38, so based on current standards, the price must rise above 70231.38 to maintain the price. Therefore, the final time to buy is when support appears near the HA-High indicator. However, if it rises near the HA-High indicator, you may feel pressured to buy due to psychological fear of decline. Therefore, it is necessary to proceed with aggressive buying when support is shown near the HA-Low indicator. Aggressive buying refers to a proportion that is large enough to not cause significant psychological burden even if the price plummets. However, if it falls below the HA-Low indicator and shows resistance, there is a possibility that the previous low point will be renewed, so you should think about a response plan. The creation of the HA-Low indicator means that a low point has been formed. A low point does not mean it is a bottom. In order to form a bottom section, you can tell that a bottom section has been formed when you confirm support at the low point section. Therefore, the bottom section will only be known after some time has passed. Therefore, if there is a decline in the HA-Low indicator, there is a high possibility of a cascading decline. The buying strategy around the HA-Low indicator is how to purchase whenever there is a cascading decline and how to leave coins (tokens) held for profit. If you buy and hold in this way, you will not feel much pressure to buy when it eventually shows support near the HA-High indicator. When purchasing near the HA-Low indicator, the important thing is to see whether the price is maintained above the HA-Low indicator and the MS-Signal indicator. This will allow you to reduce the number of day trading or short-term trades you do. Have a good time. thank you -------------------------------------------------- - The big picture A 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. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 13401.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are points that are likely to encounter resistance in the future. We need to see if we can break through these points upward. Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched. #BTCUSD 1M If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
3
Introducing another way to display volume profile sectionsHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- The indicators activated in the settings are those created by trading volume. Therefore, this indicator represents the volume profile section. The indicator that the arrow points to is the indicator I mentioned earlier. By looking at this indicator together with volume candles, you can more clearly identify the volume profile section and support and resistance sections. In addition, you can verify the start of trading by checking the movement of the BW indicator, which consists of five indicators, namely MACD, StochRSI, CCI, PVT, and superTrend indicators. BW-MACD, BW-StochRSI, BW-CCI, BW-PVT, and BW-superTrend indicators are displayed separately to help you understand the indicators. Once your trading timing has been selected, you need to create a trading strategy that suits your investment style. What is important in creating a trading strategy that suits your investment style is the investment period and investment size. Once the investment period and investment size have been decided, you must create a trading method and profit realization method using the information obtained from chart analysis. Trading methods include buying, selling, and stop loss methods. The purchase method should focus on how to lower the average purchase price by purchasing in installments. At that time, when the price falls below the stop loss point and shows resistance, you need to think about how to proceed with selling. When taking a stop loss, you must proceed according to the investment period you have set. For example, if you decide to trade within one wave as a short-term trade and proceed with the trade, but the price falls below the stop loss point, you should be able to sell 100% and then watch the situation. If the price rises after purchasing, you must proceed with selling according to the selling method. The selling method must also be carried out according to the investment period. However, the method of increasing the number of coins (tokens) corresponding to profit by selling the amount equal to the purchase amount can be continued into mid- to long-term trading even if the transaction was done through day trading or short-term trading. The reason is that the average purchase price of coins (tokens) corresponding to profits is 0. If you add other indicators to help you conduct split transactions based on price fluctuations, the chart will look like the one above. If the chart is unfamiliar to your eyes, It is recommended to view only the HA-Low, HA-High indicators and the M-Signal indicators of the 1D, 1W, and 1M charts. Have a good time. thank you -------------------------------------------------- - The big picture A 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. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 13401.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are points that are likely to encounter resistance in the future. We need to see if we can break through these points upward. Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched. #BTCUSD 1M If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern. 1st: 43833.05 2nd: 32992.55 -----------------
Education
by readCrypto
Establish a trading strategy that suits your investment styleHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (QIUSDT 1M chart) The key is whether it can receive support and rise around 0.01550-0.01939. If not, it is highly likely that the flow is to create a middle section in the form of a bottom. (1W chart) Since the HA-High indicator is formed at the 0.02464 point, it is highly likely that the price will continue its upward trend if it rises above 0.02464 and maintains the price. However, since a psychological volume profile section has been formed up to the 0.03732 point, a full-fledged upward trend is expected to begin only when it rises above this point. If it falls below 0.01550 and shows resistance, it is likely to fall near the HA-Low indicator. Currently, the HA-Low indicator is formed at 0.00736. However, as the price falls, there is a possibility that a new HA-Low indicator will be created, so support near the HA-Low indicator is important. (1D chart) The HA-Low indicator is formed at 0.01560. Accordingly, the key is whether it can receive support and rise in the important area around 0.01550-0.01939. If the price falls below the HA-Low indicator and shows resistance, there is a high possibility of a cascading decline, so a countermeasure is needed. Since a volume profile section is formed at the 0.0122 point, you need to check whether you can receive support around this area. The HA-High indicator is formed at 0.02715. Since the HA-High indicator on the 1W chart is formed at the 0.02464 point, the 0.02464-0.02715 section is likely to be a resistance zone. If it receives support in the 0.02464-0.02715 range and rises, it is likely that an upward trend will begin. However, since the 0.03549-0.03732 section may again serve as a resistance section, a countermeasure is needed. -------------------------------------------------- ---- To trade by looking at this chart, you need to choose what is most important to you and decide on an appropriate investment period. If the investment period does not suit your investment style, it is better not to trade. The reason is that once you start trading, your psychological influence is likely to have a big impact on your trading. In day trading or short-term trading, it is recommended to buy when support is confirmed in the 0.01550-0.01939 range and sell around 0.02464-0.02715, the first split selling range. At this time, you must decide whether to sell 100% and receive a cash profit, or whether to sell the purchase principal amount and leave the number of coins (tokens) corresponding to the profit. For medium to long term trading, I don't think it's time to trade yet. The reason is that, as mentioned earlier, if it falls below 0.01550-0.01939, there is a high possibility of creating an intermediate section in the form of a bottom. Therefore, it is recommended to proceed with a split purchase when support appears near the HA-Low indicator of the 1M chart or the HA-Low indicator of the 1W chart. Therefore, it is most important to create a trading strategy that suits your investment style. 1. Investment period 2. Investment size 3. Trading method and profit realization method You need to create a trading strategy based on 1-3 above. Numbers 1 and 2 are to determine the investment period and investment size according to your investment style, so you can make your decision by analyzing charts and checking other coin ecosystems. Number 3 is to decide on the detailed trading method when you decide to trade, so you must select the buying, selling, and stop-loss method and decide how to realize profits accordingly. It is useful when conducting mid- to long-term transactions to reserve the number of coins (tokens) corresponding to profit rather than 100% selling. This is because the purchase price of the coin (token) corresponding to profit is 0. Have a good time. thank you -------------------------------------------------- - The big picture A 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. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 13401.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are points that are likely to encounter resistance in the future. We need to see if we can break through these points upward. Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched. #BTCUSD 1M If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern. 1st: 43833.05 2nd: 32992.55 -----------------
Education
by readCrypto
Intuitive chart: Volume Candles chartHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (Candles chart and Volume Candles chart) Usually, you see price and volume displayed separately on the chart. Displaying it this way has the advantage of showing the overall flow, but since it must be viewed separately, it may be difficult to interpret when a quick judgment is required. In order to trade based on movements in real time, you need to be able to quickly interpret charts. Therefore, I think it is best to check charts intuitively. TradingView Charts finally supports Volume Chandles charts. We combined trading volume with price movements to make it more intuitive and faster to check. When trading volume is high, the candles appear thick, and when trading volume is low, the candles appear thin. (Volume Candles chart) If you add indicators to your chart, you will notice that support and resistance points are more clearly visible. Starting tomorrow, we will set it up according to the Volume Candles chart and publish it. Have a good time. thank you --------------------------------------------------
Education
by readCrypto
Important section: 6.974-7.700Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (NEARUSDT 1M chart) The box section of the HA-High indicator spans a fairly large range. Accordingly, I think it is highly likely that there will be significant volatility until the box section of the HA-High indicator converges. Adding the EMA indicator to a secondary indicator can help predict the movement of the secondary indicator. In other words, adding the EMA indicator of the BW indicator or StochRSI indicator can help predict future movements. For example, if BW < BW EMA, you can know that there is a high possibility of a decline in the future, so you can have time to react. Therefore, even if the BW indicator is located at the highest point of the overbought range, this means that there is still time to change to the state of BW < BW EMA. StochRSI indicator Also, although the StochRSI indicator is showing signs of turning downward in the overbought zone, you can see that there is time to reach a state where StochRSI < StochRSI EMA. Therefore, adding the EMA indicator to various auxiliary indicators may be advantageous for interpretation. (1W chart) It received support and rose near the HA-Low indicator and is continuing a stepwise upward trend following the HA-High indicator. This is the last time to buy at the low point until the box section of the HA-Low indicator is formed and the price rises above the upper point of the box and appears to be maintaining the price. However, when the HA-Low indicator is supported and rising, it is actually not easy to proceed with the purchase. Full-fledged buying occurs when it receives support near the HA-High indicator and begins to rise. This is when the upward trend begins to become evident. In this case, if the M-Signal of the 1W chart > M-Signal of the 1M chart, you will be able to have more confidence in purchasing. If the upward trend continues, the box section of the previous HA-High indicator will be reached. The box range for the previous HA-High indicator is 10.029-17.430. Therefore, it is highly likely that you will have difficulty breaking through this section upwards. If it receives resistance and falls near 10.029, there is a high possibility that the HA-High indicator will be created again, so it is important whether it can receive support and rise near the HA-High indicator at that time. (1D chart) The key is whether it can receive support around 7.369 and rise above 8.581. If not, 1st: 6.974 2nd: 6449 3rd: 5.8-5.947 You need to check which of the 1st to 3rd levels above you receive support. Receiving support around 7.369 means receiving support in the psychological volume profile section, so there is a high possibility of creating a new trend. However, if it falls without support, there is a high possibility that selling pressure will increase, so caution is required when trading. Since the M-Signal indicator on the 1W chart is passing around 5.8, the support range is around 5.8-5.947. -------------------------------------------------- ---- - Check if it can be supported and rise near the BW indicator (7.294) on the 1M chart. - Check if the HA-High indicator can rise above the box-top point (7.700) on the 1W chart. - Check whether support can be found in the psychological sell-off range (6.974-7.322) on the 1D chart. Therefore, the current price position, that is, support in the 6.974-7.7 range, can be said to be an important key. Have a good time. thank you -------------------------------------------------- - 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. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 13401.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are points that are likely to encounter resistance in the future. We need to see if we can break through these points upward. Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched. #BTCUSD 1M If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
(Weekly expected flow) In the newly formed low point section ...Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (USDT chart) (USDC chart) As USDC stopped falling and rose, USDT also showed a rise in gap. I believe that the rise in the gap between USDT and USDC is a sign of new funds flowing into the coin market. I think the state of fund flow is good. However, the problem is that the flow of funds in the coin market does not seem to be very good. ----------------------------------------- (BTC.D 1M chart) With BTC dominance, the trend of BTC is unknown. The rise in BTC dominance means that funds in the coin market are being concentrated towards BTC. Accordingly, when trading altcoins, you must be careful of irregular movements such as fakes or whipsaws. (USDT.D 1M chart) The overall trend of the coin market is likely to be contrary to the movement of USDT dominance. Therefore, a decline in USDT dominance means that the overall trend of the coin market is likely to be upward. In order for the coin market to continue its upward trend, - USDT dominance must remain below 4.97 or show a decline. - USDT and USDC must maintain a rising gap. - BTC dominance should show resistance and decline around 55.01-62.47. -------------------------------------------------- -- (BTCUSDT chart) (1M charts) The state is now StochRSI < StochRSI EMA. Accordingly, we can see that the strength of the rise is weakening. However, at this time, when it receives support near the second section, it is expected to show a greater upward trend if it switches to a state where StochRSI > StochRSI EMA. If not, and it goes down, - 1st: HA 5EMA -2nd: 3rd section You need to check if you receive support near the 1st and 2nd levels above. (1W chart) The most important thing about the 1W chart is whether the price can be maintained above the important rising channel. The MS-Signal indicator (M-Signal on the 1W chart) has risen to the 56K-59K range. Accordingly, I believe that the 56K-61K section has become a more important support section to maintain the upward trend. The key is whether it can be supported and rise around 64K-69K, the upper section of the box of the HA-High indicator on the 1M chart. A period of volatility has begun on the 1W chart. This period of volatility is expected to continue until around the week of July 29th. At this time, as mentioned above, you need to check whether it can rise along the important upward channel. (Renko 1D chart) I find Renko charts very useful for identifying trends. You can see that the price needs to be maintained above 64K in order to turn upward. You can see that a full-fledged decline is likely to begin when it falls below 52K. Therefore, it should be interpreted that there is currently a movement toward a downward trend. (1D chart) A new HA-Low indicator was created for the first time on May 3rd. Accordingly, there is a growing possibility that the trend will be determined again depending on whether there is support around the HA-Low indicator point of 62791.03. The creation of the HA-Low indicator means that a low point has been formed. Therefore, when the box section of the HA-Low indicator is formed and the price rises above the upper section of the box and maintains the price, the last time to buy in the low section is the time. However, if it falls below the HA-Low indicator, it may indicate a cascading decline that renews the latest low, so a countermeasure is essential. If it is supported by the HA-Low indicator and rises to near the HA-High indicator, it is the first split selling period. The reason is that the creation of the HA-High indicator means that a high point has been formed. Therefore, if the price is maintained above the upper section of the box of the HA-High indicator, then it can be said that a full-fledged upward trend begins. You can proceed with trading depending on the characteristics of these HA-Low and HA-HIgh indicators and whether there is support near the MS-Signal indicator (M-Signal on 1D, 1W, 1M charts). Currently, the HA-Low indicator is formed at the 62791.03 point, and the MS-Signal indicator (M-Signal on the 1D chart) is formed in the 62791.03-64K range, so the price must be maintained above 64K in order to switch to an upward trend. . If not, there is a possibility that the price may fall along the currently formed downward channel, so caution is required when trading. The next period of volatility will be around May 19 (May 18-20). Accordingly, it is necessary to check whether the price can be maintained by rising above the falling channel through a period of volatility. Since the M-Signal indicator on the 1W chart is passing around 59K, if it falls below 59K and shows resistance, there is a high possibility that it will turn into a downward trend, so a countermeasure is needed. However, it is expected that a full-fledged downward trend will begin only when it falls below the 0.786 (51606.42) to 53256.64 range. Have a good time. thank you -------------------------------------------------- - 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. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 13401.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are points that are likely to encounter resistance in the future. We need to see if we can break through these points upward. Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched. #BTCUSD 1M If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
5
Support zone : 64K-65233.64Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (USDT chart) (USDC chart) It appears that a particularly large amount of funds are flowing into USDC. If the gap increase between USDT and USDC continues, the coin market is expected to continue its upward trend. (BTC.D 1M chart) The key is whether BTC dominance can meet resistance and decline in the 55.01-62.47 range. A rise in BTC dominance means that funds are being concentrated towards BTC. Therefore, if BTC dominance continues to rise, altcoins are more likely to show a weak upward trend or even decline. (USDT.D 1M chart) If BTC dominance falls below the 55.01-62.47 range and USDT dominance remains below 4.97 or shows a downward trend, I think there is a high possibility that the coin market will see a major uptrend. If USDT dominance rises above 4.97 and remains, the coin market is expected to experience a significant decline. It appears that the coin market is showing a fairly good flow of funds. However, although there appears to be a possibility of a decline in the short term, it is expected that the upward trend is likely to remain. If this fund flow is maintained, the coin market is expected to maintain an upward trend until 2025. -------------------------------------------------- -------- (BTCUSDT chart) (1M charts) The key is whether support can be achieved above the upper point of the box of the HA-High indicator. In other words, the key is whether support can be received around 64K. (1W chart) The HA-High indicator on the 1W chart was formed at 65233.64. Therefore, the key is whether it can be supported and rise around 65233.64. Accordingly, it is time to buy when support is confirmed around 64K-65233.64. The volatility period on the 1W chart is before and after including April 29th to before and after including July 29th. If the price holds above the important upward channel during this period, we expect it to rise to around 1.618 (88913.24). Therefore, the 59K (56K-61K) section is an important section. If it falls in this section, 1st: 53256.64 2nd: 42K-47K You need to check if you receive support near the 1st and 2nd levels above. The 42K-43K section is an important volume profile section, so if it shows support in this section, it is time to buy. We are now entering a period of volatility on the 1W chart. Therefore, we need to check the support zone and create a trading strategy accordingly. (1D chart) A period of volatility begins on the 1D chart. Accordingly, the key is whether it can receive support and rise around 64K-65233.64. If not, you should check for support in the 59K (56K-61K) range. If it falls below 56K, you should check whether it is supported in the first and second sections marked on the chart. To continue the upward trend, it must rise above 70231.38. Therefore, you need to think about ways to realize profits by responding conservatively and earning profits or increasing the number of coins corresponding to profits. Have a good time. thank you -------------------------------------------------- - 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. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 13401.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are points that are likely to encounter resistance in the future. We need to see if we can break through these points upward. Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched. #BTCUSD 1M If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
7
Need to check if today's candle closes with a hammer candleHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BNGO 1M chart) It is renewing its low point by falling below the HA-Low indicator point of 6.49. Touching the HA-Low indicator point means that there is a high possibility of forming a low point. A decline from the HA-Low indicator point is likely to lead to a renewed low, but also a move to form a bottom. The 1M chart should be interpreted from a long-term perspective, so it is expected to show movement to form a bottom for a long period of time. (1W chart) The HA-Low indicator is falling, showing a stepwise decline. Accordingly, it is time to buy when it rises above 1.37 and shows support. (1D chart) When you see the 1M, 1W chart, you can see that it is absolutely not the time to start trading. Additionally, the 1D chart also shows that this is not the time to start trading. However, looking at the current candlestick, there is a possibility that the trend will change. Accordingly, you need to check whether it shows an up and down movement or sideways movement at the current price range. If it is supported and rises from the HA-Low indicator, it is likely to rise near the HA-High indicator. Therefore, if there is a swing up or down from the current price position, the HA-Low indicator will be created, and if it is supported by the created HA-Low indicator and rises above 1.08, there is a possibility of a short-term uptrend. In order to continue the upward trend, it is highly likely that the HA-High indicator and MS-Signal indicator must rise above. Therefore, the key is whether it can rise above the current HA-High indicator point of 1.75. However, since the psychological volume profile section is formed around 1.25, we must first check whether it is possible to break above this section. Have a good time. thank you -------------------------------------------------- - 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. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 13401.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are points that are likely to encounter resistance in the future. We need to see if we can break through these points upward. Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched. #BTCUSD 1M If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern. 1st: 43833.05 2nd: 32992.55 -----------------
NASDAQ:BNGO
by readCrypto
Support zone: 3025.27-3321.30Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (ETHUSDT 1M chart) The HA-High indicator is formed at the 3321.30 point, so the key is whether it can support and rise around this point. If it falls, you should check if there is support around the MS-Signal (M-Signal on 1M chart) indicator as it is passing around 2531.05. (1W chart) The 3025.27-3321.30 section is an important section. Accordingly, the key is whether it can receive support and rise around the 3025.27-3321.30 area. If it falls, you need to check whether it can be supported in the psychological volume profile section. However, since the MS-Signal (M-Signal on the 1W chart) indicator is formed around 3025.27, if it falls below the MS-Signal indicator, you must prepare for a decline. (1D chart) The key is whether the price can be maintained above the MS-Signal (M-Signal on 1D chart) indicator and rise above 3321.30. If not, you should check for support around 3025.27. This volatility period lasts until April 30th. Have a good time. thank you -------------------------------------------------- - 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. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 13401.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are points that are likely to encounter resistance in the future. We need to see if we can break through these points upward. Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched. #BTCUSD 1M If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
The key to interpreting indicators is support and resistanceHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BNBUSDT 1M chart) If the price holds above 0.618 (528.6), the upward trend is expected to continue. When the candle closes around 0.618 (528.6), you should check whether a new HA-High indicator is created. Also, you should check if the StochRSI indicator switches to a bearish indicator. If it falls below 0.618 (528.6) and shows resistance, it is likely to fall to around 427.2. Accordingly, if it falls below 511.4, it is recommended to sell part of it to prepare funds to respond to the decline. (1W chart) The box section of the HA-HIgh indicator covers a fairly large range (211.7-669.3). Accordingly, the key is whether it can receive support and rise in the 533.9-645.2 section, which is the upper section of the box of the HA-High indicator on the 1M chart. However, since a psychological volume profile section is formed over the 573.0-649.5 section, the upward trend is expected to continue only when it rises above this section. Therefore, if it falls below the 511.4-533.9 range, 1st: 427.2 2nd: 320.9-332.4 You need to check if you receive support around the 1st and 2nd levels above. However, since the M-Signal (MS-Signal) indicator on the 1W chart is passing around 0.5 (466.3), it is important whether it can be supported and rise around 427.3-466.3. The StochRSI indicator shows a decline below the midpoint. We need to see if the StochRSI indicator can turn upward. (1D chart) The key is whether the price can be maintained by rising above 588.9. If the price remains above the M-Signal (MS-Signal) indicator on the 1D chart, it is time to buy. Therefore, the current section corresponds to the buying period. If it falls below 555.8, it may lead to a further decline, so you need to think about a response plan. -------------------------------------------------- -- What I wanted to talk about in the BNBUSDT chart is the flow of the BW indicator and StochRSI indicator. The BW indicator is - 1M chart: Located at the highest point of the overbought zone - 1W chart: Located in overbought zone - 1D chart: Located in oversold area The StochRSI indicator is - 1M chart: Located in overbought zone - 1W chart: falling below the midpoint - 1D chart: About to rise into the overbought zone As shown above, the positions where they are formed are different. Therefore, I think it is highly likely that the shaking will continue to show the flow in the same location and direction. In this case, what is important is how long you have been trading this coin. Depending on the period during which the transaction was carried out - Short-term perspective: Respond to the trend on the 1D chart - Mid- to long-term perspective: Respond to the trend of the 1W chart - Long-term perspective: Respond to the trend of the 1M chart As shown above, you need to look at which chart to create a trading strategy. However, I think the 1W chart is usually the chart that expresses the overall trend well. Therefore, I think the 1W chart is most appropriate when analyzing trends. The movements of the BW indicator and StochRSI indicator on the 1M chart are quite slow. Therefore, it is difficult to refer to the BW indicator and StochRSI indicator on the 1M chart when trading. However, when a new candle is created, it is possible to roughly know what it will look like in the future based on changes in the BW indicator and StochRSI indicator. The fact that the BW indicator is located at the highest point of the overbought range also means that the likelihood of a future decline increases. Therefore, from a long-term perspective, it is necessary to respond to declines. The BW indicator on the 1W chart is located in the overbought section, and the StochRSI indicator shows a decline below the mid-price point. Accordingly, you need to check for support and resistance points near the current price and think about how to respond. The HA-High indicator on the 1W chart appears to be newly created at the 555.8 point. If the HA-High indicator on the 1W chart is created at the 555.8 point, you need to check whether it can be supported and rise around that area. The creation of the HA-High indicator means that a high point has been formed. Therefore, it means that the 555.8 point corresponds to the high point. Since the previous HA-High indicator point was 522.0, it is highly likely that the high point will be renewed only if it is supported and rises around 522.0-555.8. If it fails to do so and falls, it will basically fall near the HA-Low indicator. However, it is not easy to meet the HA-Low indicator because it is highly likely that support and resistance points have been formed until the HA-Low indicator is met. A representative indicator is the MS-Signal indicator. The BW indicator on the 1D chart is located in the oversold zone, and the StochRSI indicator is showing signs of entering the overbought zone. If the BW indicator shows an upward trend when a new candle is created, it is likely to lead to a further rise. Otherwise, if a horizontal line is created in an overbought area, you must respond depending on whether there is support at that horizontal line point. When the StochRSI indicator rises into the overbought zone, it means that the strength of the rise is strong. Therefore, it is likely to rise. Therefore, if the BW indicator also shows an upward trend when the StochRSI indicator shows a strong upward trend, it means that there is a high possibility that the price will rise from the support and resistance points of the current price. At the current price position, the support zone is the MS-Signal indicator and the resistance zone is the HA-High indicator. If this is expressed numerically, it falls within the range 555.8-588.9. Indicators depicted on charts are likely to be lagging. Therefore, in order to check these lagging indicators, there must be support and resistance points drawn on the 1M, 1W, and 1D charts. Otherwise, you need to be careful as there is a possibility of big losses due to a slow response. When using an indicator, it must be interpreted in accordance with the core interpretation method of the indicator. If you try to interpret it by including additional transaction methods, you should avoid it as it may lead to transactions taking place in the wrong direction. Have a good time. thank you -------------------------------------------------- - 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. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 13401.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are points that are likely to encounter resistance in the future. We need to see if we can break through these points upward. Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched. #BTCUSD 1M If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
The key is whether it can receive support and rise around 136.92Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (SOLUSDT 1M chart) The 136.92 point is the HA-High indicator point. Therefore, the key is whether it can be supported and rise around 136.92. (1W chart) Since the MS-Signal indicator is formed over the range of 0.618 (119.71) to 0.707 (135.56), the key is whether it can be supported and rise in this range. If this fails and it falls, it is expected to fall to around 0.5 (98.71). In other words, you need to check if it can be supported and rise near the M-Signal indicator on the 1M chart. Since the HA-High indicator was formed at the 168.41 point, it is likely that an uptrend will begin if it rises above this point. (1D chart) The StochRSI indicator is showing an upward trend in the oversold range, but considering the current setting value of the StochRSI indicator, it must rise above 30 during trading to be considered to be out of the oversold range. Therefore, it cannot be said that it is out of the oversold zone yet. However, if StochRSI > StochRSI EMA remains, the possibility of an upward rise increases, so the key is whether it can receive support and rise around 136.92. Currently, the horizontal point of the BW indicator is formed at 153.16. Therefore, it is time to buy only when the price rises above 153.16 until a new horizontal point of the BW indicator is created. Therefore, if support is confirmed around 136.92, proceed with aggressive buying. If you encounter the horizontal point of the newly created BW indicator or the MS-Signal indicator around 153.16, you should sell it in installments. This is the basic trading strategy of aggressive buying. However, depending on the situation, you can either sell 100% or sell the purchase principal amount. As mentioned earlier, full-scale purchase is - horizontal point of the BW indicator, - MS-Signal indicator, - HA-High, HA-Low indicators, - Support and resistance points drawn on 1M, 1W, 1D charts This is possible when it is confirmed that you are supported in the above areas. Have a good time. thank you -------------------------------------------------- - 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. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 13401.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are points that are likely to encounter resistance in the future. We need to see if we can break through these points upward. Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched. #BTCUSD 1M If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
2
(Weekly expected flow) Volatility period: Around April 22Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- It appears that the fund flow in the coin market is maintaining an upward trend. However, BTC dominance and USDT dominance are showing an increase. The key question is whether BTC dominance can be resisted and decline in the 55.01-62.47 range and whether USDT dominance can be maintained below 4.95 or maintain a downward trend. If that happens, the coin market is expected to see a major uptrend. A major bull market refers to a bull market in which most coins (tokens) renew their new highs (ATH). --------------------------------------------- (BTCUSDT 1M chart) If it closes near the second section, it appears that a new HA-High indicator will be created. If that happens, the key is whether there will be support near the newly created HA-High indicator. (1W chart) This drop shows that a new HA-High indicator is about to be created. Accordingly, if a new HA-High indicator is created, the key is whether it can be supported and rise around it. 59053.55, the 64K point is the box-top point of the HA-High indicator on the 1M chart. Therefore, if possible, it is important to be able to support and rise around 59053.55-64K. If this is not the case and it falls below 56K, the selling force is expected to intensify. I think the reason the current fluctuation range is greater than the section your finger is pointing at is because it is located in the section where the new high (ATH) was updated. Therefore, if these sideways continue, it will eventually touch an important upward channel. At this time, it seems likely that this year's trend will be determined by whether or not it can rise along an important upward channel. Therefore, the movement starting from the week of April 29th through the week of July 29th is expected to be very significant. In terms of the overall flow, the 42K-43K section is an important section. However, if it falls below 53256.64, there is a high possibility that it will turn into a downward trend, so you need to think about a response plan. (1D chart) The key is whether it can receive support above the newly formed downward trend line and above 64K and rise above 70231.38. However, if it falls along the newly created downward trend line, a new HA-Low indicator is expected to be created in the near future. If a new HA-Low indicator is created, an important factor is whether it receives support around it. The time to buy is when the BW indicator levels out and then rises, and when the StochRSI indicator rises from the oversold range and forms StochRSI > StochRSI EMA. thus, 1. When the BW indicator is level and moves sideways, 2. When the StochRSI indicator rises from the oversold range and shows StochRSI > StochRSI EMA, Buying when only one of the conditions 1 and 2 above are satisfied is an aggressive purchase and requires a quick response, so caution is required when trading. -------------------------------------------------- ---- (BTCUSDT.P 1D chart) I think it showed more fluctuations than the movement on the BTCUSDT chart. As such, it is believed that the current market leadership is achieved through futures trading. Therefore, you need a trading strategy to maintain the number of coins (tokens) you own. Since the rebound is more than 8%, it is likely that forced liquidation will occur in both directions, so it is considered an awkward position to start trading. Therefore, as mentioned earlier on the BTCUSDT 1D chart, I think it is necessary to check the movement of the BW indicator and StochRSI indicator and the movement at the support and resistance points drawn on the chart. Have a good time. thank you -------------------------------------------------- - 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. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 13401.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are points that are likely to encounter resistance in the future. We need to see if we can break through these points upward. Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched. #BTCUSD 1M If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
6