Get started

HA

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
The key is whether it can receive support around 2.289 and rise Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (OPUSDT 1M chart) This month's decline shows that the HA-High indicator is about to be created at the 2.759 point. Accordingly, the key is whether the HA-High indicator can be supported and rise near it when it is created. It is showing a rebound after touching the Fibonacci ratio point of 0.5 (1.828). Therefore, we need to see if it can find support around 0.618 (2.045) and rise above 2.289. (1W chart) It touched the psychological volume profile section and rebounded, but failed to receive support around 2.289 and showed a downward trend. Accordingly, the key is whether it can rise above 2.289. Currently, the HA-High indicator is formed at 3.777, so it is expected that in order to switch to an upward trend, it must rise above the HA-High indicator. (1D chart) The upward trend began on November 3, 2023, when the HA-Low indicator broke above the upper box section. And, on April 7, 2024, we encountered the HA-Low indicator for the first time. It is showing a stepwise decline as it fails to receive support near the HA-Low indicator and falls. Since the volume profile section of the 1M chart is formed around 2.289, the key is whether the price can be maintained by rising above 2.289. The time to buy is when it shows support near the HA-Low indicator and rises above the MS-Signal indicator. Aggressive buying is possible when support is seen around 2.289. In order to continue the upward trend, the HA-High indicator must rise or higher. ---------------------------------------- After the HA-Low indicator is newly created, the trend changes depending on whether it receives support or resistance. I think that there is nothing special about the decline in the HA-Low indicator because the fact that the HA-Low indicator was newly created means that the downward trend has already begun. However, the creation of the HA-Low indicator means that a low point has been formed. Therefore, even if the HA-Low indicator falls, it can be said to be a meaningful movement because it is highly likely to show movement to form a bottom section. Therefore, you can proceed with a split purchase whenever you encounter 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
About BW indicators...Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- We have not disclosed the detailed settings and formulas of the indicators below, but we will disclose them in the future when we deem it is time to do so. Please understand this. There are quite a few indicators that are displayed on the chart but are difficult to understand because they do not have explanations. Among them, this time I will take the time to explain the BW indicator. The BW indicator comprehensively evaluates MACD, StochRSI, CCI, supertrend, and PVT indicators to distinguish between uptrends and downtrends based on the 0 point. (MACD indicator) MACD = (fast + slow) / 2 Signal = EMA of MACD MACD > Signal: +1 point MACD = Signal: 0 points MACD < Signal: -1 point (StochRSI indicator) StochRSI = (K + D) / 2 StochRSI > 50: +1 point StochRSI = 50: 0 points StochRSI < 50: -1 point (CCI indicator) CCI > 0: +1 point CCI = 0: 0 points CCI < 0: -1 point (supertrend indicator) direction < 10: +1 point direction = 0 : 0 points direction > 10 : -1 point (PVT indicator) PVT > Signal: +1 point PVT = Signal: 0 points PVT < Signal: -1 point It is displayed in the secondary indicator using the same calculation method as above. To make it easier to view, we made it appear on the price chart. Therefore, we have made it possible to check more intuitively by referring to the BW indicator point displayed on the price chart when trading. To use this indicator, simply share this idea and then paste it into your own 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 area, you should check the movement when this area is touched. 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 -----------------
INDEX:ETHUSD
by readCrypto
1
Check whether HA-Low indicator is createdHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (ETHUSDT 1M chart) The price is located near 0.5 (3097.94), falling below 3321.30. If it fails to rise above 0.5 (3097.94), it is expected to fall to around 0.382 (2647.80). If the price remains above the MS-Signal indicator, it is expected to eventually continue its upward trend. (1W chart) We need to check whether it can be supported and rise in the psychological volume profile area, that is, around 2621.99-3025.27. The 3025.27 point is the HA-High indicator point on the 1W chart, so if it is supported and rises, I think there is a high possibility of renewing the high point. In addition, if the price is maintained above the MS-Signal indicator, the upward trend is expected to continue, so the current price position can be said to fall into an important support and resistance zone. (1D chart) When the BW indicator is horizontal, you need to check whether it is supported near that point. At this time, if the StochRSi indicator rises from the oversold range or becomes StochRSI > StochRSI EMA, then it is time to buy. Since the 3025.27 and 3321.30 points correspond to the HA-High indicator points on the 1W and 1M charts, the important question is whether the price can be supported and rise in the 3025.27-3321.30 section. The next period of volatility will be around April 26-29. Accordingly, we will have to wait and see whether the price can be maintained above 3025.27. If a new HA-Low indicator is created, it is important whether the HA-Low indicator can be supported and rise. This is because the creation of the HA-Low indicator means that a low point has been formed. Therefore, if it falls below the HA-Low indicator, it is likely to lead to a stepwise decline. Conversely, if it is supported and rises by the HA-Low indicator, it will be a good buying zone. 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
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 1D chart) No matter what the trend of the 1M and 1W charts is, I believe that the movement in the short term is dominated by the trend on the 1D chart. It appears that the current BW indicator has touched the lowest point of the oversold range. However, since it has not yet reached the horizon, we need to watch the movement of today's candles. This volatility period runs until April 13th, so you need to check where the candle closes today. The 3025.27 point is the HA-High indicator point on the 1W chart, and the 3321.30 point is the HA-High indicator point on the 1M chart. Therefore, the key is whether it can be supported and rise around 3025.27-3321.30. If it falls to around 3025.27, you should check whether a new HA-Low indicator is created. If a new HA-Low indicator is created, an important factor is whether it receives support around 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
(Weekly expected flow) Volatility period: Around April 12Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (USDT chart) (USDC chart) I believe that the rise in the gap between USDT and USDC is a sign that funds are flowing into the coin market. I believe that candles express the increase or decrease of USDT or USDC through trading. Accordingly, the continuation of the gap upward trend means that the upward trend in the coin market is likely to continue. ---------------------------------------- (BTCUSDT 1M chart) The key is whether it can receive support and rise in the first section, 1.13 (67031.36) ~ 69K. The most important section in the current flow is the secondary section, 56K-61K. Therefore, I think it is highly likely that the upward trend will continue if the price is maintained beyond the second range. However, if it falls below 64K, you may feel psychologically anxious and the selling price may increase, so you need to think about a countermeasure. (1W chart) As the StochRSI indicator fell from the overbought range, the StochRSI < StochRSI EMA condition became. However, since the StochRSI indicator is located in the sideways or no change zone, volatility may occur, so caution is required when trading. Accordingly, the key is which direction to deviate from the 64K-69K range. If the price rises above 69K and maintains, it is expected to renew the new high (ATH) again. If not, and the StochRSI indicator falls into the oversold range, you should check whether it is supported around 56K-61K. Considering the financial situation in the coin market, I think there is a high possibility that the finger will point and the upward trend will continue. However, we need to look at how much the price will fluctuate and whether it will form a sideways section and then rise. (1D chart) The next period of volatility will be around April 12 (April 11-13). Accordingly, we need to look at whether a trend is forming after a period of volatility. Since a new trend line has been created as a downward trend line, there is a possibility that the decline may continue further. At this time, the key is whether it can receive support and rise around 64K. Currently, the price appears to be maintaining near the MS-Signal (M-Signal on 1D chart) indicator. Accordingly, the StochRSI indicator is rising from the oversold zone and entering the sideways and no change zone. If the current trend is maintained and the price rises above 69K, the StochRSI indicator is expected to begin to strengthen its strength. However, in order to continue the short-term upward trend, it is expected that it will start to rise above the 69K-70231.38 range. Therefore, it is time to buy when support is confirmed around 69K-70231.38. 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
3
Volatility Period: Around April 4 (April 3-April 5)Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (ETHUSDT 1D chart) The BW indicator is showing signs of rising as it shows support near the MS-Signal indicator. Accordingly, the key is whether it can rise in the 3503-68-3675.23 section. The volatility period for ETH is around April 4 (April 3-5). (1M charts) The important sections are around 3321.30 and 3900.73. (1W chart) The StochRSI indicator is falling from the overbought zone and is at the midpoint. Accordingly, there is a possibility that volatility may occur, so transactions should be carried out cautiously. I think the key will be which direction it deviates from the 3503.68-3962.19 section, which is an important section on the 1W chart. Since the BW indicator is located in the overbought zone, it is maintaining a strong upward trend. Accordingly, if the StochRSI indicator turns upward when the price is maintained in the current range, it is expected to form an upward trend again. 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 area, you should check the movement when this area 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
Monthly Expected Trading StrategyHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BTCUSDT 1M chart) What we need to keep an eye on is the movement in April 2021. This is because at this time, the StochRSI indicator began to decline from the peak of the overbought range. We need to check whether the upcoming month of April looks the same as April 2021 and seek ways to respond. If not, there is a possibility that you will be embarrassed by the volatility and not be able to do anything. (USDT 1M chart) It appears that more funds have flowed into the coin market since April 2021. And, the period when funds began to leak out of the coin market in earnest began in May 2022. This phenomenon is different from what I have said so far, which is that in order for the coin market to show a downward trend, USDT must show a gap decline. What I wanted to say was that a full-blown downtrend would eventually occur when funds began to flow out of the coin market. Therefore, I think you understand how a full-fledged decline progresses. ---------------------------------------- When you look at the BTCUSDT chart, you can see that the full-fledged decline began in May 2022, and it continued to fall below the MS-Signal indicator. Therefore, it can be inferred that even if the decline continues in the coming April, the full-fledged decline will eventually proceed only when the price falls below the MS-Signal indicator. Therefore, you need to think about what trading strategy can maximize your profits until the price falls below the MS-Signal indicator. (1M charts) Accordingly, let us explain an example trading strategy as follows. It is essential to have a trading strategy on how to respond when the price falls below the 59K (56K-61K) range where the movement occurred in April 2021. This is because the most important section is the second section. Before that, we need to select a section where we can respond in advance and buy time to maximize profits as much as possible. To do this, you need to create a trading strategy to respond depending on whether you receive support or resistance in the first section (67K-69K). Therefore, I think it is necessary to proceed with a split sale if the price rises above 1.27 (73308.95). The expected target this time is around 1.618 (88913.24), but there is a possibility that it will fall around 1.414 (79765.89). The reason is that the M-shaped pattern was created from April to November 2021. If it rises to around 1.414 (79765.89) this April, the bottom section of the M-shaped pattern is expected to be the second section. If there is no support in the second section and a further decline occurs, there is a possibility that it will touch around 42K-43K. The reason is that an important volume profile section is formed around 42283.58. However, there is one variable. That is, when the price starts to fall, there is a high possibility that a new HA-High will be created. Accordingly, I think there is a high possibility that a new HA-High indicator will be created when the price falls below the first range and shows a downward trend. I think the approximate location will be around the second section. The creation of the HA-High indicator means that the created point is the boundary point of the high point. In other words, anything above the HA-High indicator corresponds to the high point, and anything below it means that there is a high possibility of a sharp drop. Therefore, if you first touch the HA-High indicator, you should check whether it is supported or resisted before any interpretation and create a trading strategy. Therefore, you need to think ahead and create a trading strategy beyond what I mentioned above. The HA-Low indicator has not yet been created on the BTCUSDT 1M chart. What this means is that BTCUSDT has not yet made a bottom. Therefore, if the HA-Low indicator is created and supported on the 1M chart, it is a very important buying time from a long-term perspective. Let me say this again, if a full-fledged decline begins, no one knows how far it will fall. However, you don't need to worry too much. This is because BTC has already been launched as an investment product in the stock market. 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 area, you should check the movement when this area 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
The key is whether it can receive support around 0.5682 and riseHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (XRPUSDT 1M chart) If the price remains above 0.47, it is expected to continue its upward trend. Since the volume profile section is formed around 1.0409, it is expected that a new wave will be created only if it rises above 1.0409. (1W chart) The HA-High indicator is formed at 0.5682. Accordingly, the key is whether it can receive support around 0.5682 and rise. If not, 1st: 0.5236 2nd: 0.47 You need to check if you receive support near the first and second levels above. Since a psychological volume profile section is formed around 0.618 (0.8121), in order to continue the upward trend, the price must rise above the psychological volume profile section formed around 0.618 (0.8121). (1D chart) As prices fall, the likelihood of a new HA-Low indicator being created increases. The creation of the HA-Low indicator means that a low point is formed. Therefore, if the HA-Low indicator is touched, support is an important issue. Currently, the HA-Low indicator is formed at 0.5145. Therefore, if the HA-Low indicator plummets to around 0.5145 before a new indicator is created, you should check to see if it shows support. If support is confirmed, it is time to buy. Falling below the HA-Low indicator means that there is a high possibility of renewing the low point, so a stepwise decline may occur, so you need to think about how to respond. Since the HA-High indicator is formed at the 0.6405 point, it must rise above 0.6405 to continue the upward trend. 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 area, you should check the movement when this area 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
Touching the HA-Low indicator means...Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (TRXUSDT 1M chart) It appears that a new HA-High indicator is about to be created. Accordingly, we need to check whether the HA-High indicator is generated at the 0.10447 point. If the HA-High indicator is created at the 0.10447 point, the key is whether it can be supported and rise around that area. (1W chart) The key is whether the price can be maintained by receiving support in the current section and rising above 0.13052. If not, and it falls below 0.786 (0.11732), it is likely to fall to around 0.618 (0.10288). If it falls like that, there is a high possibility that it will turn into a downward trend, so you need to think about ways to respond to the decline. (1D chart) The HA-Low indicator was first touched on August 20, 2023, and then again on March 21, 2024. Accordingly, the key is whether it can be supported and rise around 0.12002, which is the point where the HA-Low indicator is currently formed. The HA-Low indicator is an indicator that indicates the boundary of the low point section. Accordingly, support from the HA-Low indicator can be said to mean that a bottom section is forming. If it falls below the HA-Low indicator, it means that the low point is renewed, and a cascading decline is likely to continue. Therefore, a trading strategy should be created depending on whether support or resistance is found around 0.12002, which is the currently formed HA-Low indicator point. Since the MS-Signal indicator is formed around 0.12296, the key is whether it can rise above 0.12296. If that happens, there is a high possibility that it will rise near the HA-High indicator, so there is a possibility that it will rise to around 0.13997, which is the point where the HA-High indicator is currently formed. However, as the price rises, there is a possibility that a new HA-High indicator will be created, so if a new HA-High indicator is created, support must be received near it to continue the upward trend. TRX is one of the coins that is expanding the coin ecosystem. I think it will be a good textbook for expanding the coin ecosystem I selected and understanding the trend as the first coin to touch 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 area, you should check the movement when this area 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 at 70231.38 and riseHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BTCUSD 1M chart) We need to see if we can break the new high (ATH) by rising above the previous high. It has been two months since the StochRSI indicator hit the highest point in the overbought range. Looking at the historical charts, the time when it was maintained at the highest point of the overbought range was February-March 2021. Therefore, it is necessary to confirm whether the same movement will be seen this time as before. ---------------------------------------- (BTCUSDT 1M chart) Accordingly, when the price falls below 67K-69K and shows resistance, a first installment sale is required. The second split sale occurs when the price falls below 64K. I think it is best to proceed with the last sale when the price falls below 59K (56K-61K). (1W chart) The MS-Signal (M-Signal on 1W chart) indicator is showing an increase above 53256.64. Accordingly, if it falls below the MS-Signal (M-Signal on the 1W chart) indicator, it is expected to fall sharply. However, as the decline progresses, there is a possibility that a new HA-High indicator will be created, so if the HA-High indicator is created, whether or not there is support around it will be an important issue. Therefore, since there is a possibility that the HA-High indicator may be created in the selling section described in the BTCUSDT 1M chart, we need to consider how to set the split selling proportion. Considering the current position of the HA RSI indicator, the section where the HA-High indicator is likely to be generated is expected to be around 64K. Accordingly, it is recommended that the selling proportion in the first split sale range, 67K-69K, as explained above, be sold at a level that can reduce psychological anxiety that may occur when the price falls. Although it is a difficult problem, I think it is usually a good idea to sell in installments of 10% to 20%. So, I don't think you will be too disappointed if the split sale leads to an increase. When the decline progresses and shows support near the next selling section or HA-High indicator, the average purchase price will not increase significantly even if you buy it again with the sold amount. If you sell and then buy again when the price has not fallen much, you may think that it is a loss because the quantity you hold decreases, but I don't think it is a big loss because it has reduced your psychological anxiety to some extent. The reason is that if you continue to trade while feeling psychologically anxious, you will be unable to do anything when important transactions need to be made, and you are likely to suffer greater losses. Therefore, the most important thing to consider in trading is knowing what your psychological state is. Next, you need to create a trading strategy using the information (support and resistance points) obtained through chart analysis. Only then will you be able to suppress changes in chart analysis and interpretation based on your psychological state. (1D chart) The key is whether it can receive support near the HA-High indicator and rise above 1.27 (73308.95). This is because if it is supported by the HA-High indicator and rises, there is a high possibility of renewing the previous high point. Expected target is 1.618 (88913.24). However, since there may be resistance and decline around 1.414 (49468.89), you should also think about countermeasures against this. In the end, when the reported price (ATH) is updated, you will need to sell in installments. Since BTC and ETH are coins that allow for long-term investment, from a long-term investment perspective, it is recommended to increase the number of coins held for the long term by selling them for the amount of principal purchased and leaving the number of coins equivalent to the profit. Since the average purchase price for the number of coins corresponding to profit is 0, if these coins are continuously increased, long-term investment in any coin (token) will be possible. Purchase principal If you sell it in installments equal to the selling amount calculated as above, you can get the principal and some cash profit. Secondary indicators are based on 1D charts. Therefore, it may not fit well on charts other than 1D charts. Therefore, the explanation of the StochRSI indicator in the BTCUSD 1M chart may be incorrect. Therefore, it is recommended to use it to check at which support and resistance points the movement of secondary indicators is inflected. When the new high (ATH) is being updated, it is not easy to identify important support and resistance points, so I think the key is how well the split selling is carried out. The next volatility period for BTC will be on March 31 (March 30-April 1). 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 area, you should check the movement when this area 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
An increase above the M-Signal indicator on the 1M chart means..Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- If there is a coin (token) that appears to be rising above the M-Signal (MS-Signal) indicator on the 1M chart, you need to pay attention and keep a close eye on its movements. To explain this, let's take the WAVESUSDT chart as an example. ------------------------------------------------ (WAVESUSDT 1M chart) It is rising above 3.426 and showing signs of rising above the MS-Signal indicator. Accordingly, the key is whether it can receive support and rise around 2.676-3.426. (1W chart) If you look at the chart as a whole, the movements are difficult to discern. The key is whether the price can be maintained by rising above the M-Signal indicator on the 1M chart. However, since the M-Signal (MS-Signal) of the 1W chart < M-Signal of the 1M chart, in order to continue a large upward trend, the M-Signal (MS-Signal) of the 1W chart must be > M-Signal of the 1M chart. This is expected to be possible if the price is maintained above the M-Signal on the 1W chart. You can think of this concept as the price moving average line when studying charts. The price moving average line is very useful in chart analysis, but from a trading perspective, it has significant disadvantages, so it is recommended to draw support and resistance points on the 1M, 1W, and 1D charts. (1D chart) Accordingly, the price will be maintained above 3.767, the HA-High indicator point, and volatility will occur or movement will appear to slow down until the M-Signal of the 1W chart > M-Signal of the 1M chart. The occurrence of volatility means that there is a force trying to form a trend more quickly, so caution is needed when trading coins (tokens) that are showing this type of behavior. A slowdown in movement can be interpreted as buying in progress. However, it can be interpreted that there are forces that are trying to ensure stable purchases by preventing individual traders from taking interest in coins (tokens) that show this behavior. No matter what it looks like, maintaining the price above the M-Signal indicator on the 1M chart will ultimately lead to a continued upward trend. 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 area, you should check the movement when this area 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 -----------------
W
by readCrypto
1
Need to check in which direction it deviates based on 66.4K-69KHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BTCUSDT 1M chart) Since the 67K-69K section is located as shown in the picture, I believe it corresponds to the psychological resistance section. Therefore, if support is reached around 67K-69K, it is expected to lead to a further rise. If not, and it falls, you should check for support around 56K-61K. The HA RSI indicator is an indicator created based on the closing price of Heikin Ashi. Therefore, when the price falls, the HA RSI indicator may fall from the overbought range and a new HA-HIgh indicator may be created. If a new HA-High indicator is created, the important thing is whether it can be supported around it. (1W chart) The key is whether the price can be maintained by rising above 69K. If that happens, it is expected to rise to the next target of 1.618 (88913.24). (1D chart) In order to continue the upward trend, it must eventually rise above 70231.38. Accordingly, the key is whether it can receive support and rise around 69K-70.2K. Because the MS-Signal indicator was touching and rising, the area around 66.4K was the first buying period. The second buying time is when it shows support around 70.2K, as mentioned above. It was expected that we would be able to find out what direction the trend would take from March 16th to 18th. Accordingly, you need to check in which direction it deviates based on the 66.4K-69K section. The next period of volatility is around March 31st. Therefore, it is expected that the trend created will accelerate or a major reversal will occur around March 17th. -------------------------------------------------- -------------- I think it is risky to forecast the coin market trend only through BTC charts. Therefore, I think we should also know the movement of coin market funds. As an individual trader, it is quite difficult to know the financial situation of the coin market. I think you can refer to the USDT and USDC charts to understand the trend of funds, even if it is limited. (USDT chart) (USDC chart) Funds flow into or out of the coin market through USDT or USDC. This is because in order to trade in the coin market, you need funds to form a trading pair. I think most trading is taking place in the USDT market. Therefore, it can be said that USDT's movement has a great influence on the coin market. If you interpret the USDT chart or USDC chart considering this situation, - The occurrence of a gap can be seen as the basis for funds flowing into or out of the coin market. - Candlesticks on the USDT chart or USDC chart can be seen as expressing increases and decreases due to trading. Therefore, if USDT does not show a downward trend in the gap, it is highly likely that the coin market will maintain an upward trend due to the funds flowing into the coin market. (USDT.D chart) In that sense, I think the movement of USDT dominance is a chart that shows the funding trend in the actual coin market. As long as USDT dominance does not rise above 4.97, I think the coin market is likely to remain bullish. Therefore, if USDT dominance rises above 4.97 and USDT begins to show a downward trend, I think it is highly likely that the coin market is in a downward trend. If you think you have found such an important point or section, you need a trading strategy that matches the current trend until you break away from that point or section. (BTC.D chart) I think this bull market is centered around BTC or ETH. Accordingly, I believe that most altcoins are not showing a significant increase. Although, I believe that BTC dominance is currently maintained at the current level due to the rise of several coins (tokens). If BTC dominance does not fall below 50, there is a high possibility that there will be a large decline due to the decline of BTC, so caution is required when trading. ----------------------------------- In summary, the decline in BTC provides a buying opportunity until USDT switches to a gap decline. 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 area, you should check the movement when this area is touched. 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
Examples of criteria for creating a trading strategyHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- We analyze charts in a variety of ways to determine trends. I think the important thing is how to create a trading strategy using these analysis methods, not whether you can match the trend or not. Therefore, even if you know the trend, if you do not create a trading strategy properly, you may end up with small profits or even losses. Therefore, I think it is extremely important to find support and resistance points that can ultimately create a trading strategy and how to create a trading strategy based on those points. (Heikin Ashi 1D chart) (Renko 1D chart) I think the Heikin Ashi chart and Renko chart supported by TradingView charts are good charts for identifying trends. However, since the HA-Low and HA-High indicators created using the Heikin Ashi chart are implemented, we will not talk about the Heikin Ashi chart. The advantage of Heikin Ashi charts and Renko charts is that they reduce fakes and whipsaws. However, it is not easy to actually trade with only two charts. That's because it's so difficult to see. In particular, Renko charts can be more esoteric than Heikin Ashi charts. The reason is that the price is expressed in certain blocks. However, if you look at the way the chart is drawn, you can see that fakes and whipsaws have been reduced more than the Heikin Ashi chart. So, just as I created the HA-Low and HA-High indicators using the Heikin Ashi chart, I am trying to create a standardized trading strategy using the Renko chart. We added the TS-BW auxiliary indicator used in the existing chart to verify the basic direction. The overall direction can be verified by whether the BW indicator is in an upward or downward trend. Additionally, you can verify more detailed direction through the movements of the StochRSI indicator and the StochRSI EMA indicator. We added the MS-Signal indicator to the price chart section to help you see the chart trend more intuitively. With the addition of the MS-Signal indicator, I don't think there is a need to add the superTrend indicator. Since the MS-Signal indicator is a curve, we wanted to help create a trading strategy by adding the superTrend indicator, which is expressed as a line. Next, in order to create a more confident trading strategy, various indicators are displayed on the price chart so that you can intuitively check support and resistance points. By doing this, I believe that the Renko chart, which was used as a trend chart, was expressed as a tradable chart. No matter how good an analysis technique you know, if you cannot create a trading strategy that suits you, your trading is likely to ultimately fail. Therefore, once you have found an analysis technique that suits you, you should focus on reducing your psychological burden by investing more time in creating a trading strategy rather than trying to develop the analysis technique. The trading strategy is 1. Investment period 2. Investment size 3. Trading method and profit realization method I think it consists of the three things above. Steps 1 and 2 are steps to begin with a broader observation of the coin (token, item) you want to trade rather than the chart. Therefore, in the coin market, it is necessary to check whether the coin ecosystem is expanding and which themes it is included in. If you decide to trade a coin (token, item) that has been confirmed in this way, you must look at the chart of the coin (token, item) and create a trading strategy. The decisions made in steps 1 and 2 of the trading strategy are classified into intraday and medium-term investment, short-term and day trading, etc., and the appropriate investment size is determined. Accordingly, actual purchases, sales, stop losses, etc. are made in step 3. You decide. When purchasing, it is important to try to estimate the average purchase price as much as possible. To do this, it is recommended to proceed with split purchases at the support and resistance points expressed in the chart above. Selling for profit is also recommended through split sales. However, you should try to sell when the price is rising. This is because if you sell while the price is rising and falling, it can be quite difficult to create a follow-up trading strategy. Therefore, when selling, it is recommended to conduct split sales using auxiliary indicators such as the BW indicator and StochRSI indicator. I think stop-loss is something that should be done when there is a possibility that the price will fall further and cause larger losses. Therefore, how to sell at the stop loss point is very important. I believe that you can quickly learn a clear way to practice stop loss by conducting futures trading. I believe that the overall rate of return is ultimately determined by how well you do your stop loss. However, if possible, it is important to confirm your profit in advance before taking a stop loss. Therefore, I think that when deciding buy, sell, or stop-loss points, you should not rely on price issues other than the chart. This is because issues other than charts add subjective thoughts and can interfere with creating a proper trading strategy. Therefore, when deciding on step 3 of your trading strategy, it is best to look at the charts first and then read various articles afterwards. Whatever the method, if you have a trading strategy standard that suits you, that standard is the best trading strategy standard. No matter how good the trading strategy standard is, if it does not fit your investment style, there is a high possibility that the transaction will ultimately fail. When studying charts, it is best not to try to memorize the names of patterns or various indicators. Those names are not helpful at all in creating a trading strategy. Therefore, when studying charts or analysis techniques, you should try to find out what the key is. Once you understand the core content, you need to think deeply about how you can use it to create a trading strategy. You may have difficulty understanding this article because it contains a description of what you learned while conducting the transaction. Also, it may sound abstract. However, since it is information obtained through actual trading, I think it can be a way for those studying charts to learn more quickly. Have a good time. thank you --------------------------------------------------
Education
by readCrypto
1
The key is whether it can rise above 3900.73-4294.78Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (ETHUSDT 12M chart) The BW indicator is an indicator expressed by combining MACD, StochRSI, CCI, superTrend, and PVT indicators. By displaying this BW indicator on the price chart, we made it intuitive to understand. Therefore, points marked with the BW indicator can be used as support and resistance. The key is whether it can rise above the Fibonacci ratio 1 (5005.30) and renew the new high (ATH). If the price holds above 5005.30, the next target is expected to be 1.618 (7362.80). (1M charts) It has broken through the upper part of the box section of the HA-High indicator and is rising. Accordingly, if the price stays above 3900.73, it is expected to start rising to renew the new high (ATH). If not, and it falls, you need to check if it is supported around 3321.30 or 0.618 (3548.07). (1W chart) The key is whether it can receive support and rise in the 3962.19-4294.78 range. If it falls, you should check for support around 3503.68, the bottom point of the box section of the HA-High indicator. (1D chart) The next period of volatility will be around March 25th. However, you need to check which direction you can deviate from the 3503.68-4294.78 range. If it receives support around 9300.73-3962.19, it is expected to rise above 4294.78. Therefore, if it falls below 9300.73 and shows resistance, there is a possibility that it will turn into a short-term downtrend. 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 area, you should check the movement when this area is touched. 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
Movement needs to be confirmed by around March 17thHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- The overall picture is as follows. (BTCUSD 1M chart) Looking at the TradingView INDEX chart, it appears that the new high (ATH) has been updated. To date, the StochRSI indicator on the 1M chart has been maintained at the highest point of the overbought zone for up to 2 months. Accordingly, the key question is whether the StochRSI indicator can maintain its peak in April. If not, I'll have to prepare for a decline. (BTCUSDT 1M chart) If the decline begins, the key is whether support can be found around 59053.55 (56090.42-61202.17). If it falls below this range, it is expected to fall to around 42K-47K (44200-47600). If there is support near 69000, the next target is expected to be around 1.618 (88913.24). --------------------------- The reason why there are expectations that BTC will rise again even if it falls is because USDT and USDC continue to maintain a rising gap. This is because we believe that the fact that USDT or USDC shows a rising gap is evidence that funds are flowing into the coin market. I believe that the increase in USDT or USDC through transactions is expressed through candles. (USDT chart) (USDC chart) Therefore, I think that for the coin market to show a downward trend, USDT must show a gap decline. Therefore, I believe that the decline of BTC in these fund flows will actually increase buying power. (BTC.D 1M chart) In order for the altcoin trend to begin, I believe BTC dominance must fall below 50 and remain there. However, if possible, I think BTC dominance should rise in the 55.01-62.47 range or higher and then decline. Otherwise, if BTC shows signs of falling at a critical point, the fall in altcoins is expected to be large. Accordingly, when trading altcoins, it is necessary to recover the purchase price as quickly as possible from a day trading perspective. (USDT.D 1M chart) As USDT dominance falls below 4.97, the coin market is expected to enter a bull market. Accordingly, if USDT Dominus rises above 4.97, the coin market is expected to see a significant decline. In order for this downtrend to become a full-fledged downtrend, USDT must show a gap decline. -------------------------------------------------- ------- (BTCUSDT 1W chart) As BTC renews its new all-time high (ATH), I think the likelihood of increased selling is increasing. Accordingly, it is important to determine where the key support and resistance points are within the current price position. Currently, the 66401.82-69000 area is considered to be an important support and resistance area. To confirm this, you can check the movement of altcoins when BTC falls to the 66401.82-69000 range. The StochRSI indicator is expected to touch the top of the overbought zone. Accordingly, the 66401.82-69000 section is expected to be an important section. (1D chart) If the new high (ATH) is renewed and the upward trend is maintained, there is no way to know what will happen in the future. Accordingly, a predictable picture is drawn using the chart tool. A representative charting tool is the Fibonacci ratio. The 1.27 (73308.95) and 1.414 (79765.89) points indicated by the Trend-Based Fib Extension tool are likely to serve as resistance zones. However, since the ratio that has an important meaning in the Fibonacci ratio is 0.618, it is believed that if the price surges, it is highly likely to touch around 1.618 (88913.24). To maintain this upward trend, we need to see if we can find support near the previous high point of 69000 and rise further. This volatility period lasts until March 11th. Therefore, the key is whether the price can be maintained above 66401.82. The next period of volatility is around March 31st. However, it is necessary to check the movement around March 17 (March 16-18). This is because there is a possibility that a trend will slowly form around March 17th (March 16th-18th). As of now, the short-term downtrend turning point is 1 (61202.17). Accordingly, it is important whether there is support or resistance around 56150.01-61202.17. ---------------------------------------- The gist of the above is - If USDT maintains its gap upward trend, it is expected to eventually maintain its upward trend even if BTC falls. - In order to see a major uptrend in altcoins, BTC dominance must fall below 50. However, it is thought that it is highly likely that the altcoin bull market will be maintained only if BTC dominance rises in the 55.01-65.47 range or higher and then falls. If not, you need to be careful when trading as altcoins are likely to see a large decline when BTC appears to be falling at a critical point. - If BTC falls below 61202.17, it is highly likely to turn into a short-term downtrend. Accordingly, it is important whether support or resistance is received around 56150.01-61202.17. 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 area, you should check the movement when this area is touched. 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 the reported price (ATH) can be renewedHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BNBUSDT 1M chart) It has risen above 533.9 and continues to rise to renew the new high (ATH). Accordingly, the key is whether it can rise above 1 (730.5). If not, and it falls, you should check if it is supported around 533.9. (1W chart) I believe that the 573.0-649.5 section corresponds to the psychological volume profile section. Accordingly, the key is whether the price can be maintained by rising above 649.5. (1D chart) If the price maintains above 573.0-649.5, it is expected to rise above 730.5. If it falls, 1st: 522.0 2nd: 427.2 You need to check if you receive support near the 1st and 2nd levels above. If the price holds above Fibonacci 1 (730.5), the next target is expected to be 1.618 (1057.2). It may swing up and down to rise to around 1057.2, but I think it is highly likely that it will eventually touch it. BNB is one of the coins whose circulation volume is reduced through periodic buybacks. Therefore, I think it is a coin that can be used for mid- to long-term investment. These mid- to long-term investment coins can be purchased at a low price and held as is. However, if possible, when a large upward trend appears to be coming to an end, I think it is a good idea to increase the number of coins corresponding to profit by selling only an amount equivalent to the purchase principal. If you sell the amount of the purchase principal, the average purchase price of the remaining coins is 0, so there is no risk of long-term holding. Therefore, purchase principal * 1.1 = amount to sell (Example) If you multiply the purchase principal by 1.1, you will sell 10% more of the purchase principal. As above, it is recommended to multiply it by about 1.1 and cash out more than the purchase principal. 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 area, you should check the movement when this area is touched. 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
ADA is poised for an upswingHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (ADAUSDT 1M chart) The upward trend began when the MS-Signal indicator rose above. Additionally, since the MS-Signal indicator has switched to a bullish sign, it is expected to continue its upward trend if the price holds above 0.236 (0.6024). (1W chart) If the upward trend continues, 1st: 0.9250 2nd: 1.3678 3rd: 1.9655 It is expected to rise to around the 1st to 3rd levels above. We need to check whether the price can be maintained above the top of the box of the HA-High indicator. (1D chart) The (1) section is the psychological volume profile section. Accordingly, the key is whether the (1) section can be broken upward. To do that, we need to make sure the price stays above 0.6984. If it falls below 0.6984 and shows resistance, there is a possibility that it will turn into a short-term downtrend. The important point to continue the upward trend is around 0.236 (0.6024). Looking at the Renko chart, it shows that an upward trend is about to begin. 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 area, you should check the movement when this area is touched. 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 outlookHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BTCUSDT 1M chart) It appears to be breaking upward through the 0.886 (56227.18) to 1 (61338.93) range, which was considered a resistance range. Accordingly, it has become important to be able to maintain the price above 1 (61338.93). The next target is around 1.618 (89050.0). The key is whether it will rise like this and touch, or whether it will create a pull back pattern and rise. To date, the maximum period for which the StochRSI indicator remained at the top of the overbought zone was two months. (1W chart) Looking at the 1W chart, the maximum resistance area is around 66401.82. Therefore, it is judged that the upward trend will continue only when it breaks above 66401.82. If it fails to break above 66401.82 and falls below 59035.55, it is likely to turn into a downtrend. However, there is a possibility that the downtrend will continue only if it falls further below 53256.64, so you should think about a response plan for the 53256.64-59035.55 range. If the downtrend that started like this is truly a downtrend, it is expected to fall below 44200-47600 and show resistance. Otherwise, if it receives support around 44200-47600 and rises, it is expected to create a pull back pattern and continue the upward trend. -------------------------------------------- (BTC.D 1M chart) In order to achieve a big bull market, BTC dominance must show a decline. Otherwise, if it becomes a bull market in which only BTC and ETH rise, or if BTC appears to be about to fall slightly, altcoins will see a large decline. Therefore, it is believed that BTC dominance must fall below 50 and be maintained to create a stable bull market. (USDT.D 1M chart) USDT dominance is expected to remain below 4.97 for the coin market to remain bullish. However, if it falls below 4.16 and then rises above 4.16 to around 4.97, the coin market as a whole is expected to see a large decline. At this time, you need to check whether BTC dominance has risen to the 55.01-62.47 range or higher, or is maintained around 50. This is because it is thought that if BTC rises in the 55.01-62.47 range or higher and is supported around 44200-47600 and rises, there is a high possibility that a major bull market will begin. If BTC dominance remains around 50 and then declines, the coin market will also see a large increase. Unlike previous BTC halvings, this time BTC and ETH are maintaining an upward trend alternately. Accordingly, it is believed that BTC dominance shows no direction and shows sideways movements. However, it is thought that it is unlikely that the bull market will continue while maintaining the current level of BTC dominance, so it is necessary to check the direction of BTC dominance. ---------------------------------------------- (BTCUSDT 1D chart) We talked about the mid- to long-term perspective with the 1M chart and 1W chart, but the immediate movement, that is, the short-term perspective, may be more important. The reason is that it rose near the new high (ATH). It is currently supported around 1 (61338.93) and is showing an upward trend. However, since StochRSI < StochRSI EMA, I think we need to hold the price above 63660.11 to break out of this situation. If it shows resistance around 63660.11, it will fall back to around 1 (61338.93). Therefore, from a short-term perspective, the key is which direction it deviates from the 1 (61338.93) to 63660.11 range and maintains it. If it breaks above 63660.11, it can be purchased through day trading and the target is around 66401.82. If it falls below 1 (61338.93), you should check for support around 59053.55. The next period of volatility will be around March 10 (March 9-11). 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 area, you should check the movement when this area is touched. 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
Entering the sphere of influence of BTC halvingHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (USDT chart) (USDC chart) The stablecoin that has a great influence on the coin market is USDT. USDC is believed to have a short-term impact on the coin market. Currently, as funds begin to flow into USDC, BTC is moving to renew its all-time high (ATH). Therefore, we need to create a trading strategy based on the belief that the coin market will continue its upward trend until USDT or USDC continues to show a decrease in the gap and shows an outflow of funds. (USDT.D chart) As USDT dominance falls below 4.97, the coin market is expected to enter a bull market. However, we will have to look at the movement of BTC dominance to determine what kind of bull market this will be. (BTC.D chart) For a major bull market to begin, it is likely to begin with a rise in the 55.01-62.47 range or higher and then a decline below 50. A major bull market refers to a bull market in which most coins (tokens) renew their new highs (ATH). Accordingly, there is a possibility that altcoins will rise significantly from the time they begin to decline around 55.01-62.47. If that happens, BTC's movement will slow down and naturally move sideways. -------------------------------------------------- - (BTCUSDT 1M chart) BTC is located near Fibonacci 1 (61338.93). If it does not fall below 59053.55, I think there is a good chance that the upward trend will continue. However, since the StochRSI indicator is located at the highest point of the overbought range, its rise may be limited. (BTCUSD 1M chart) Accordingly, looking at the BTCUSD INDEX chart provided by TradingView, it is expected that there will be difficulty breaking through the range between the left Fibonacci ratio 1 (61383.23) and the right Fibonacci ratio 3.618 (65056.39). Similar to the BTCUSDT chart, a drop below 59103.77 is likely to lead to further declines. 1st: Left Fibonacci Ratio 3 (54512.93) 2nd: Right Fibonacci ratio 0.618 (44234.54) ~ Left Fibonacci ratio 2.618 (47995.77) You need to check if you receive support near the 1st and 2nd levels above. Judging from previous movements, the longest time the StochRSI indicator has stayed at the peak of the overbought zone is about 2 months, so it is possible that the StochRSI indicator will remain at the peak of the overbought zone until up to March. If not, and the StochRSI indicator shows a downward turn, you should look for ways to counter the decline. (1W chart) I believe that the 59053.55 point, which is the point explained in the 1M chart, corresponds to psychological support and resistance points. Therefore, if resistance is seen at the 59053.55 point, there is a high possibility that selling pressure will increase and lead to a further decline. However, the area where the current upward trend is broken is 0.786 (51743.19) ~ 53256.64. If it falls below this range and enters the rising channel, it is expected to eventually touch around 44200-47600, near the bottom of the rising channel. At this time, if it is supported and rises around 44200-47600, a rally toward around 1.618 (89050.0) is expected to begin. If the StochRSI indicator touches the highest point of the overbought range, there is a possibility that the indicator will show a large decline even with a small decline. Therefore, when the StochRSI indicator shows such a decline, it is important to know where support or resistance is found. (1D chart) This period of volatility runs until March 2nd. However, since the next volatility period is around March 10th, this volatility period may be extended until March 11th, so we need to set support and resistance points in the big picture and respond accordingly. 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 area, you should check the movement when this area is touched. 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