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The key is whether it can rise after receiving support at 2.1453 Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- (XRPUSDT 1W chart) After the sharp rise, the HA-High indicator on the 1M chart is showing signs of being newly created due to this decline. Currently, the new point where the HA-High indicator on the 1M chart is being created is 1.5467. Accordingly, if it is definitely formed at the 1.5467 point next month, it seems possible that it will fall to around this point. As the M-Signal indicator of the 1M chart is rising near 1.5467, an important support zone is expected to be formed near 1.5467. - However, if it receives support near the M-Signal indicator of the 1W chart and rises near 2.5641, the M-Signal indicator of the 1M chart may disappear from its appearance. Therefore, the key issue at present is whether there is support near the Fibonacci ratio 2.24 (2.1563). - (1D chart) The key issue is whether the price can be maintained within the lower line of the Price Channel indicator and rise above the M-Signal indicator of the 1D chart. If not, and it falls, 1st: 1.902(1.8762) ~ 0(1.9954) 2nd: 1.5467 You should check if it is supported near the 1st and 2nd above. - Thank you for reading to the end. I hope you have a successful trade. -------------------------------------------------- - ​​Big picture I used TradingView's INDEX chart to check the entire range of BTC. (BTCUSD 12M chart) Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015. In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend. Accordingly, the upward trend is expected to continue until 2025. - (LOG chart) Looking at the LOG chart, you can see that the upward trend is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, we expect that we will not see prices below 44K-48K in the future. - The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015. In other words, it is the Fibonacci ratio of the first wave of the uptrend. The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019. Therefore, it is expected that this Fibonacci ratio will be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. How to view and respond to this is up to you. When the ATH is updated, there are no support and resistance points, so the Fibonacci ratio can be used appropriately. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous when used as support and resistance. This is because the user must directly select the important selection points required to create Fibonacci. Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous when used for trading strategies. 1st : 44234.54 2nd : 61383.23 3rd : 89126.41 101875.70-106275.10 (Overshooting) 4th : 134018.28 151166.97-157451.83 (Overshooting) 5th : 178910.15 -----------------
by readCrypto
1
The key is to rise near 134.91 Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- (LTCUSDT 1M chart) The key is to maintain the price above the M-Signal indicator on the 1M chart and rise above 163.89. - (1W chart) Since the M-Signal on the 1W chart > M-Signal on the 1M chart has changed, if the price maintains above the M-Signal indicator on the 1W chart, it is expected to maintain an upward trend. Accordingly, the key is whether it can maintain the uptrend by receiving support near 95.73-102.34. - (1D chart) In order to maintain the uptrend, the key is whether it can maintain the price by rising above the Fibonacci ratio point of 0.618 (133.53). If not, 1st: 113.39-117.30 2nd: 95.73-102.34 We need to look at whether it receives support near the 1st and 2nd points above. Based on the current price position, I think the start of a full-scale uptrend is likely to begin when it rises above the HA-High indicator point of 163.89 on the 1M chart. - Thank you for reading to the end. I hope you have a successful trade. -------------------------------------------------- - ​​Big picture I used TradingView's INDEX chart to check the entire range of BTC. (BTCUSD 12M chart) Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015. In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend. Accordingly, the upward trend is expected to continue until 2025. - (LOG chart) Looking at the LOG chart, you can see that the upward trend is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, I expect that we will not see prices below 44K-48K in the future. - The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015. That is, the Fibonacci ratio of the first wave of the uptrend. The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019. Therefore, this Fibonacci ratio is expected to be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. It is up to you how to view and respond to it. Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role. The reason is that the user must directly select the important selection points required to create the Fibonacci. Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies. 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 134018.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 -----------------
by readCrypto
The key is whether there is support around 121.82-123.90 Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- (NVDA 1W chart) The key is whether it can receive support and rise around the Fibonacci ratio range of 0.5 (120.14) ~ 0.618 (127.46). If not, and it falls, it is expected to touch the M-Signal indicator on the 1M chart. Accordingly, there is a possibility that it will touch around 104.75. - (1D chart) The key is whether it can rise above 121.82-123.90 and receive support. If not, 1st: Fibonacci ratio 0.382 (113.42) 2nd: 104.75 You need to check whether it is supported near the 1st and 2nd above. At this time, the important thing is whether the price can be maintained above the M-Signal indicator of the 1M chart. If it falls below the M-Signal indicator of the 1M chart and remains, it is likely to turn into a downtrend, so be careful when trading. - Thank you for reading to the end. I hope you have a successful trade. --------------------------------------------------
NASDAQ:NVDA
by readCrypto
Important Support and Resistance Zone: 252.75-268.07 Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost". Have a nice day today. ------------------------------------- (TSLA 1M chart) The 252.75-268.07 zone is an important support and resistance zone. If it falls below 252.75, it is likely to fall to around 173.22. - (1D chart) In order to turn into an uptrend, it must rise above the M-Signal indicator on the 1D chart. Therefore, the key is whether it can be supported and rise near the M-Signal indicator on the 1M chart. - Thank you for reading to the end. I hope you have a successful trade. --------------------------------------------------
NASDAQ:TSLA
by readCrypto
The key is whether it can rise above 2674.15 Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- (ETHUSDT 1M chart) The key is whether it can receive support near the important support and resistance area of ​​2513.01-2706.15 and rise above the M-Signal indicator on the 1M chart. If it fails to rise, you need to stop trading and check the situation. The reason is that there is a high possibility of further decline. - (1W chart) In order to turn into an uptrend, it is expected that the price will have to rise above 2706.15 at least to maintain it. The reason is that the M-Signal indicators on the 1W and 1M charts are likely to cross near that point. If it falls below 2316.10, it is likely to fall until it meets the HA-Low indicator. Since the HA-Low indicator is likely to be newly created as the price falls, it is important to see if there is support near it if it is newly created. The HA-Low indicator is currently formed at 1340.12. - (1D chart) The key is whether it can find support near 2316.10-2513.01 and rise above 2674.15. If it fails to rise, it is likely to show a step-down trend. Since it has currently fallen below the M-Signal indicator of the 1M chart, it can be seen as a downward trend from a long-term perspective. However, since the transaction with the M-Signal indicator of the 1M chart is not far away, it is thought that it is likely to rise. Therefore, the HA-Low indicator point of 2674.15 is likely to be the high point of the rebound. - Basically, the time when we can trade is when the price rises above the M-Signal indicator of the 1D chart and maintains the price. And, when the M-Signal indicators of the 1W and 1M charts are aligned. Otherwise, the transaction must be short and quick. When the downtrend begins during spot trading, it becomes busy. The reason is that we need to increase the holding quantity. There are two ways to increase the number of holdings: investing a lot of money to buy, and increasing the number of coins (tokens) corresponding to the profit. If you have a lot of cash or about 20% of the total investment, you can use the method of buying when the M-Signal indicator on the 1D chart rises above the level and making a profit. - If you have little or no cash, you will eventually have to sell the coins (tokens) you currently have and buy them again to increase the number of holdings. In other words, when there is a rebound, you should sell part of the purchase principal, and when there is a decline, you should buy back the amount you sold. The ultimate goal of this method is to recover all of the purchase principal and hold the remaining number of coins (tokens). I think there is no better way for long-term investment. - Thank you for reading to the end. I hope you have a successful transaction. -------------------------------------------------- - ​​Big picture I used TradingView's INDEX chart to check the entire range of BTC. (BTCUSD 12M chart) Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015. In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend. Accordingly, the upward trend is expected to continue until 2025. - (LOG chart) Looking at the LOG chart, you can see that the upward trend is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, I expect that we will not see prices below 44K-48K in the future. - The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015. That is, the Fibonacci ratio of the first wave of the uptrend. The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019. Therefore, this Fibonacci ratio is expected to be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. It is up to you how to view and respond to it. Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role. The reason is that the user must directly select the important selection points required to create the Fibonacci. Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies. 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 134018.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 -----------------
by readCrypto
Next Volatility Period: Around February 24 Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (BTCUSDT 1D chart) Both the upper and lower lines of the Price Cannel indicator have been touched. The point of interest is in which direction it will diverge after this convergence. The next volatility period is around February 24 (February 23-25). - The key is whether it can receive support near 92792.05-94742.35 and rise above the M-Signal indicator on the 1D chart. If not, it is expected to re-determine the trend by touching the M-Signal indicator on the 1W chart. - Thank you for reading to the end. I hope you have a successful trade. -------------------------------------------------- - ​​Big picture I used TradingView's INDEX chart to check the entire range of BTC. (BTCUSD 12M chart) Looking at the big picture, it seems to have been in an upward trend since 2015 following a pattern. In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend. Accordingly, the upward trend is expected to continue until 2025. - (LOG chart) Looking at the LOG chart, you can see that the upward trend is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, it is expected that prices below 44K-48K will not be seen in the future. - The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015. In other words, it is the Fibonacci ratio of the first wave of the uptrend. The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019. Therefore, it is expected that this Fibonacci ratio will be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. It is up to you how to view and respond to this. If the ATH is renewed, there are no support and resistance points, so the Fibonacci ratio can be appropriately utilized. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as support and resistance. The reason is that the user must directly select the important selection points required to generate Fibonacci. Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous to use it for trading strategies. 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 134018.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 -----------------
by readCrypto
1
If it receives support at 2.179-2.862, it is time to buy Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- (CVXUSDT 1D chart) The key is whether it can receive support near 2.835-2.862 and rise above 3.267. Since the StochRSI indicator is showing signs of entering the overbought zone again, if it does not receive support near 2.835-2.862, 1st: 2.472 2nd: 2.179 It is expected to fall to the 1st and 2nd levels above. Since the HA-Low indicator of each chart is located in the 2.179-2.862 range, if it is supported within this range, it is a time to buy. The fact that the HA-Low indicator was created means that it has moved out of the low range. - Since the HA-High indicator of the 1W chart is formed at the 3.267 point, if it is supported at this point, I think that a full-scale uptrend is likely to begin. However, since the M-Signal indicator of the 1M chart is passing around 4.086, the point to watch is whether it can rise above this point and maintain the price. - If it falls below 2.179, you should check whether it is supported when the HA-Low indicator is created again and determine whether trading is possible. - Thank you for reading to the end. I hope you have a successful transaction. -------------------------------------------------- - ​​Big picture I used TradingView's INDEX chart to check the entire range of BTC. (BTCUSD 12M chart) Looking at the big picture, it seems to have been following a pattern since 2015. In other words, it is a pattern that maintains a 3-year bull market and faces a 1-year bear market. Accordingly, the bull market is expected to continue until 2025. - (LOG chart) Looking at the LOG chart, we can see that the increase is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, we do not expect to see prices below 44K-48K in the future. - The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015. That is, the Fibonacci ratio of the first wave of the uptrend. The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019. Therefore, this Fibonacci ratio is expected to be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. It is up to you how to view and respond to it. Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role. The reason is that the user must directly select the important selection points required to create the Fibonacci. Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies. 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 134018.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 -----------------
by readCrypto
The key is whether it can rise above 2879.90 Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- (ETHUSDT 1M chart) In order to turn into an uptrend, the price must rise above the M-Signal indicator on the 1M chart and maintain it. In order for a full-scale uptrend to begin, the price must rise above 3321.30 and maintain it. - (1W chart) The key is whether it can maintain the state where the M-Signal on the 1W chart > the M-Signal on the 1M chart. To do that, we need to check if it can rise to around 3265.0. - (1D chart) Since the HA-Low indicator on the 1D chart was formed at 2646.89, the key is whether it can be supported around this area and rise above the original range. - If not, we need to check if it can be supported around 2316.10. Unlike the StochRSI indicator on the BTC chart, it is still in the overbought zone. Accordingly, the point of interest is whether it can maintain the price by rising above the M-Signal indicator on the 1D chart after the next fluctuation period, around February 24 (February 23-25). It is important to be able to rise along the long-term upward trend line (1). -------------------------------------- The indicators that can tell the trend on this chart are the Trend Cloud indicator and the M-Signal indicator on the 1D, 1W, and 1M charts. Therefore, you should first check whether the price is maintained or falling above these indicators and create a trading strategy accordingly. When starting a trade with the trading strategy created in this way, you should check whether there is support near the HA-Low, HA-High, BW(0), and BW(100) indicators or at the support and resistance points and find the trading point. - Please refer to the indicator description below for indicators that can help you check whether there is support. Heikin Ashi Line chart rises, USDT.D Line chart falls, StochRSI rises: The price is likely to rise Heikin Ashi Line chart falls, USDT.D Line chart rises, StochRSI falls: The price is likely to fall The rest are likely to show volatility, so be careful when trading. - Thank you for reading to the end. I hope you have a successful trade. -------------------------------------------------- - ​​Big picture I used TradingView's INDEX chart to check the entire range of BTC. (BTCUSD 12M chart) Looking at the big picture, it seems to have been in an upward trend since 2015. In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend. Accordingly, the upward trend is expected to continue until 2025. - (LOG chart) Looking at the LOG chart, you can see that the upward trend is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, we expect to see prices below 44K-48K in the future. - The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015. In other words, it is the Fibonacci ratio of the first wave of the uptrend. The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019. Therefore, this Fibonacci ratio is expected to be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. It is up to you how to view and respond to it. Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support or resistance. The reason is that the user must directly select the important selection points required to generate Fibonacci. Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous for use in trading strategies. 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 134018.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 -----------------
by readCrypto
Whether it can be supported and rise near 97226.92 is the key Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- (BTCUSDT 1M chart) Half of February has passed. Since the BW(100) indicator was created not long ago, it seems that it will take some more time to know whether it will act as support and resistance. The current BW(100) indicator point is 102429.56. Since the M-Signal indicator on the 1M chart is passing around 70K, it is not strange if it falls at any time. On the other hand, it is not strange if it rises at any time. - (1W chart) Since the HA-High indicator of the 1W chart was created at the 97226.92 point, it is important to see if there is support around this point. Since the M-Signal of the 1W chart > the M-Signal of the 1M chart, we need to see if the price can be maintained above the M-Signal indicator of the 1W chart. - (1D chart) The key is whether it can be supported around 97226.92 and rise above the M-Signal indicator of the 1D chart. - Since the StochRSI indicator is in the overbought zone, if it falls near 97226.92, it is possible that it will touch the 92792.05-94742.35 zone. At this time, the important thing is to maintain the price above the M-Signal indicator on the 1W chart. To do so, the price must be maintained above 91231.0, which is the low point on February 3. - This volatility period is until February 17. The next volatility period is around February 24 (February 23-25). Therefore, do not relax and check whether the price is maintained by rising above the M-Signal indicator on the 1D chart, and whether the M-Signal indicator and Trend Cloud indicator on the 1D chart turn upward. If it turns upward around 97226.92, 1st: 101947.24 2nd: 103706.66-104.463.99 You should respond depending on whether there is support around the 1st and 2nd above. - Thank you for reading to the end. I hope you have a successful trade. -------------------------------------------------- - ​​Big picture I used TradingView's INDEX chart to check the entire range of BTC. (BTCUSD 12M chart) Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015. In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend. Accordingly, the upward trend is expected to continue until 2025. - (LOG chart) Looking at the LOG chart, you can see that the upward trend is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, we expect that we will not see prices below 44K-48K in the future. - The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015. In other words, it is the Fibonacci ratio of the first wave of the uptrend. The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019. Therefore, it is expected that this Fibonacci ratio will be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. How to view and respond to this is up to you. When the ATH is updated, there are no support and resistance points, so the Fibonacci ratio can be used appropriately. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous when used as support and resistance. This is because the user must directly select the important selection points required to create Fibonacci. Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous when used for trading strategies. 1st : 44234.54 2nd : 61383.23 3rd : 89126.41 101875.70-106275.10 (Overshooting) 4th : 134018.28 151166.97-157451.83 (Overshooting) 5th : 178910.15 -----------------
by readCrypto
The key is whether it can be supported and rise near 3.624 Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (PENDLEUSDT 1D chart) It has risen near the HA-Low indicator point of 3.624. Accordingly, the key is whether it can be supported and rise near 3.624. If the price maintains above the Trend Cloud indicator, it is highly likely to turn into an uptrend. If the uptrend continues, 1st: 4.109 2nd: 4.907 3rd: 6.376-6.744 You can respond depending on whether there is support near the 1st-3rd above. In particular, if the M-Signal indicator of the 1W chart passing near 4.109 rises above and the price is maintained, I think there is a possibility that a full-fledged uptrend will begin. - If it falls from the 3.624 point, whether there is support near 3.113 is important. If it falls below the Fibonacci ratio 0 (2.488), it is better to wait until it rises because you cannot tell when it will rise. ---------------------------------------- If you refer to too many indicators, there is a possibility that the transaction will proceed in the wrong direction. Therefore, it is important to limit the indicators you want to refer to and try to trade according to the trend. - The indicators that indicate the trend in this chart are the Trend Cloud indicator and the M-Signal indicator of the 1D, 1W, and 1M charts. Therefore, you can check whether the trend is rising or falling by checking the status and arrangement of the Trend Cloud indicator. In addition, you can check the overall trend by checking whether the M-Signal indicator of the 1D, 1W, and 1M charts is in the correct arrangement or reverse arrangement. - The HA-Low and BW(0) indicators indicate the low point range. Therefore, if supported by these indicators, there is a high possibility of rising. However, if it fails to rise and falls below the HA-Low and BW(0) indicators, there is a possibility of starting a stepwise downtrend, so be careful. - The HA-High, BW(0), and BW(100) indicators indicate the high point range. Therefore, if resisted by these indicators, there is a high possibility of falling. However, if it fails to fall and rises above the HA-High and BW(100) indicators, there is a possibility that a stepwise upward trend will begin. - The indicators listed above are the core indicators among the indicators on this chart. The indicators other than these are secondary indicators used when conducting split transactions. - Thank you for reading to the end. I hope you have a successful transaction. -------------------------------------------------- - ​​Big picture I used TradingView's INDEX chart to check the entire range of BTC. (BTCUSD 12M chart) Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015. In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend. Accordingly, the upward trend is expected to continue until 2025. - (LOG chart) Looking at the LOG chart, you can see that the upward trend is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, we expect that we will not see prices below 44K-48K in the future. - The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015. In other words, it is the Fibonacci ratio of the first wave of the uptrend. The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019. Therefore, it is expected that this Fibonacci ratio will be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. How to view and respond to this is up to you. When the ATH is updated, there are no support and resistance points, so the Fibonacci ratio can be used appropriately. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous when used as support and resistance. This is because the user must directly select the important selection points required to create Fibonacci. Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous when used for trading strategies. 1st : 44234.54 2nd : 61383.23 3rd : 89126.41 101875.70-106275.10 (Overshooting) 4th : 134018.28 151166.97-157451.83 (Overshooting) 5th : 178910.15 -----------------
by readCrypto
Check for support near 342.32 Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (TSLA 1M chart) The key is whether it can rise with support near the Fibonacci ratio of 0.618 (341.97). If it falls like this, 1st: Fibonacci ratio 0.5 (296.11) 2nd: 252.75-268.07 We need to check for support near the 1st and 2nd above. The area near 252.75-268.07 is expected to be a strong support area. - (1D chart) In order to turn into an uptrend, it must rise above 381.59-382.40. The key is whether it can rise after receiving support near 342.32. If it falls below 342.32, it is expected to touch the M-Signal indicator on the 1M chart. - Thank you for reading to the end. I hope you have a successful trade. --------------------------------------------------
NASDAQ:TSLA
by readCrypto
The key is whether it can be supported near 98105 Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- (MBT1! 1D chart) There are many indicators formed over the 96600-102095 section. Therefore, the key is whether it can break through this section upward. In particular, we need to look at whether it can be supported and rise in the 98105-100700 section. - In order to turn into an uptrend, the price must rise above the Trend Cloud indicator and maintain it. The Trend Cloud indicator is a combination of the existing 5EMA+StErr indicator and the MS-Signal indicator to increase intuitiveness. Since it is currently below the Trend Cloud indicator, if it fails to rise above 98105, there is a possibility that the downtrend will continue, so caution is required. If the downtrend continues, the key is whether there is support near 91435, which was the previous low point. Therefore, in order to trade with a long position, it is recommended to check that the price is maintained above the Trend Cloud indicator and proceed. - (30m chart) - Thank you for reading to the end. I hope you have a successful trade. --------------------------------------------------
CME:MBT1!
by readCrypto
1
The key is whether there is support near the previous ATH Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (BNBUSDT 1D chart) The HA-Low indicator is generated at 588.27 and is rising above the previous ATH. Accordingly, the key is whether there is support near the previous ATH point of 692.90 and whether it can rise above 719.53. If it falls below 677.22, 1st: 656.63 2nd: 582.63-616.76 (Fibonacci ratio 0.618(620.33)) You need to check whether there is support near the 1st and 2nd above. - The fact that the HA-Low indicator was created means that it has broken out of the low range. Therefore, if it falls below the 588.27 point, you need to be careful because there is a possibility that it will renew the low again. If it falls from the HA-High indicator and meets the HA-Low indicator, you should consider that the previous wave has closed. Also, if it rises from the HA-Low indicator and meets the HA-High indicator, it is the same. The point to watch is whether it will move sideways in the HA-Low indicator ~ HA-High indicator range or break out and create a new wave. In that sense, the key is whether it can rise and receive support near 719.53. - Thank you for reading to the end. I hope you have a successful trade. -------------------------------------------------- - ​​Big picture I used TradingView's INDEX chart to check the entire range of BTC. (BTCUSD 12M chart) Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015. In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend. Accordingly, the upward trend is expected to continue until 2025. - (LOG chart) Looking at the LOG chart, you can see that the upward trend is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, it is expected that prices below 44K-48K will not be seen in the future. - The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015. In other words, it is the Fibonacci ratio of the first wave of the uptrend. The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019. Therefore, it is expected that this Fibonacci ratio will be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. It is up to you how to view and respond to this. If the ATH is renewed, there are no support and resistance points, so the Fibonacci ratio can be appropriately utilized. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as support and resistance. The reason is that the user must directly select the important selection points required to generate Fibonacci. Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous to use it for trading strategies. 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 134018.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 -----------------
by readCrypto
The key is whether there is support at 21698.25 Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- It's the 10th day since the new The Leap season started. The trading items for this season are as follows. CL1! : Light Crude Oil Futures GCL1! : Gold Futures NQ1! : NASDAQ 100 E-mini Futures ES1! : S&P 500 E-mini Futures MBT1! : Micro Bitcoin Futures MCL1! : Micro WTI Crude Oil Futures M6E1! : Micro EUR/USD Futures MGC1! : Micro Gold Futures MNQ1! : Micro E-mini Nasdaq-100 index Futures MES1! : Micro E-mini S&P 500 Index Futures -------------------------------------- (NQ1! 1D chart) The key is whether it can be supported at 21698.25. - (30m chart) If not, 1st: 2159.23 near the M-Signal indicator on the 1D chart 2nd: 21501.75 We need to check whether there is support near the 1st and 2nd above. - (1D chart) If it rises after receiving support at 21698.25, the point to watch is whether it can rise above the StochRSI 50 indicator and the Price Channel indicator (21871.75-21981.50). Since the StochRSI indicator is currently located near the overbought zone, if it rises further, 1st: 21871.75-21981.50 2nd: 22314.50 It seems likely that it will face resistance near the 1st and 2nd levels. - Thank you for reading to the end. I hope you have a successful trade. --------------------------------------------------
CME_MINI:NQ1!
by readCrypto
Whether it can rise above 21.34 is the key Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- (INTC 12M chart) The point to watch is whether it can receive support near the 18.69-20.62 range and rise above the MS-Signal indicator. If it falls below 18.69, do not buy and check the situation. - (1D chart) The key is whether it can receive support near 20.62 and rise to 24.76-26.20. To do so, 1st: 20.20 2nd: 22.59 The point to watch is whether it can rise above the 1st and 2nd above. If it falls below 2062, you should check whether it is supported in the 18.69-20.62 section. - There is a high possibility that a full-scale uptrend will begin when the M-Signal indicator on the 1M chart rises above and the price is maintained, so there is no need to rush to buy. 18.69-20.62 The next time to buy is when it shows support near the M-Signal indicator on the 1W chart. Therefore, when it shows support in the 21.34-22.59 section, it is the time to buy. - Thank you for reading to the end. I hope you have a successful transaction. --------------------------------------------------
NASDAQ:INTC
by readCrypto
Important Support and Resistance Points: 6066.50 Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost". Have a nice day today. ------------------------------------- (ES1! 12M chart) When looking at the Fibonacci ratio, the area marked with a circle is an important support and resistance area. If there is an additional rise in the area where the current price is located, it is expected to determine the trend again around the left Fibonacci ratio point of 3.618 (6579.25). If it fails to rise, it is expected to fall to the Fibonacci ratio range of 0.618 (5273.25) ~ 2.618 (5434.75). - (1D chart) The point to watch is which direction it deviates from the box range of the HA-High indicator. The HA-High indicator is formed at the 6066.50 point. - Since the MS-Signal (M-Signal on the 1D chart) indicator is passing around 6066.50, the 6066.50 point is expected to play an important role as support and resistance. Accordingly, the key is whether it can be supported in the 6066.50-6106 range and rise to around the Fibonacci ratio 1 (6178.50). If it falls below 6066.50, it is expected to fall to around 5935.75-5972.75. - Ultimately, if it cannot get out of the box range of the HA-High indicator, you should trade within the box range. The box range of the HA-High indicator is 5906.50-6148.0. - Thank you for reading to the end. I wish you successful trading. --------------------------------------------------
CME_MINI:ES1!
by readCrypto
4
The key is whether it can rise above 2706.15-2879.90 Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- (ETHUSDT 1M chart) As it falls below 2706.15, the possibility of a downward trend is increasing. Accordingly, the key is whether it can receive support near 2513.01-2706.15 and rise above the MS-Signal (M-Signal on the 1M chart) indicator. - (1D chart) Therefore, the key is whether it can be supported around 2316.10-2513.01 and rise above 2706.15-2879.90. The next volatility period is around February 16, which is the same as the volatility period of BTC. - Thank you for reading to the end. I hope you have a successful trade. -------------------------------------------------- - ​​Big picture I used TradingView's INDEX chart to check the entire range of BTC. (BTCUSD 12M chart) Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015. In other words, it is a pattern that maintains a 3-year bull market and faces a 1-year bear market. Accordingly, the upward trend is expected to continue until 2025. - (LOG chart) As you can see from the LOG chart, the upward trend is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, we do not expect to see prices below 44K-48K in the future. - The Fibonacci ratio on the left is the Fibonacci ratio of the upward trend that started in 2015. In other words, it is the Fibonacci ratio of the first wave of the upward wave. The Fibonacci ratio on the right is the Fibonacci ratio of the upward trend that started in 2019. Therefore, it is expected that this Fibonacci ratio will be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. It is up to you to decide how to view and respond to this. When the ATH is updated, there are no support and resistance points, so the Fibonacci ratio can be used appropriately. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous when used as support and resistance. This is because the user must directly select the important selection points required to create Fibonacci. Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous when used for trading strategies. 1st : 44234.54 2nd : 61383.23 3rd : 89126.41 101875.70-106275.10 (Overshooting) 4th : 134018.28 151166.97-157451.83 (Overshooting) 5th : 178910.15 -----------------
by readCrypto
Next Volatility Period: Around February 16 Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- USDT and USDC are both renewing their ATH. I think the gap increase of USDT and USDC is a sign of funds flowing in. Therefore, we can see that a lot of funds are flowing into the coin market. (BTC.D 1M chart) If BTC dominance rises above 62.47, altcoins are likely to show a larger decline, so you should think about a response plan for this. The rise in BTC dominance means that funds in the coin market are concentrated toward BTC. BTC dominance does not mean that BTC is rising or falling. (USDT.D 1M chart) The rise in USDT dominance is likely to lead to a decline in the coin market. If USDT dominance rises above 4.97, the coin market is likely to plummet. Also, it is likely that it is already in a downward trend. - Why is it falling when funds are flowing into the coin market? I think it's because there's been a lot of upside, so it's expensive to buy now and profit taking is happening. BTC is still in an ambiguous position to say that the downtrend has started. I think that in order for the downtrend to start, it needs to fall below the Fibonacci ratio point of 1.618 (89050.0) and show resistance. - (BTCUSD 1D chart) What we need to pay attention to is the trading volume. If the price falls as the trading volume increases, it is likely to lead to further declines. In other words, the possibility of continuing the downtrend increases. - (BTCUSDT 1D chart) I think indicators such as Bollinger Bands or Price Channels well express the nature of returning to the mean by forming a channel and confirming the convergence and divergence of the channel. Currently, since it is maintaining a state of falling below the lower line of the Price Channel indicator, it shows that the force to fall is strong, and at the same time, it shows that the force to return to the mean is getting stronger. Accordingly, if it rises above the lower line of the Price Channel indicator and maintains the price, it is expected to quickly return to the mean. The currently set Price Channel indicator uses the MS-Signal indicator as the median, so the key is whether it can rise above the MS-Signal indicator and maintain the price. - The newly added indicator this time is the StochRSI 50 indicator. The most commonly used interpretation of the StochRSI indicator is the movement when it leaves the overbought or oversold zone. However, as I mentioned earlier, the basic principle of the chart is regression to the mean, so the 50 point of the StochRSI indicator has an important meaning. Therefore, it is judged that when the StochRSI indicator passes the 50 point, it is likely to act as support and resistance. However, since the StochRSI indicator is located at both ends of the price candle as an auxiliary indicator, it may be difficult to intuitively see and interpret, so it was added to the price chart. - Due to this decline, the HA-High indicator on the 1W chart is likely to move from the 94742.35 point to the 97226.92 point. Accordingly, the existing 97461.86 point is expected to play an increasingly important support and resistance role. Therefore, when the MS-Signal (M-Signal on the 1D chart) indicator falls to around 97461.86, the key is whether the price can rise and be maintained around that level. - This volatility period is expected to continue until February 10. The next volatility period is expected to be around February 16 (February 15-17). - If the price falls while trading spot, it is not a good idea to wait without taking any action because you are at a loss. However, if you respond too hastily, you may suffer double losses due to volatility, so you need to be careful. Therefore, you need to check the point where you can realize profits in the big picture and have the mindset to sell a portion of the purchase principal at any time. For this, I provide the MS-Signal indicator, BW (100), and HA-High indicators as representative indicators in my chart. The fact that BW(100) and HA-High indicators were created means that it has fallen from the high point, so it means that the indicator point is likely to be the resistance point. Therefore, it means that when it shows resistance near the indicator point, it is the time to sell in parts. Since the MS-Signal indicator is an indicator for viewing trends, a drop below the MS-Signal indicator means that the trend is likely to turn downward. If you sell some of the coins when these indicators show resistance and buy back the amount sold when the price drops, the number of coins (tokens) you hold will increase. Ultimately, the longer the investment period, the greater the profit will be. I call this method increasing the number of coins (tokens) corresponding to profit, or increasing the quantity. If you sell the amount corresponding to the purchase principal in this way, the number of coins (tokens) corresponding to profit will eventually remain, and this will be in a state where the average purchase price is 0. If you increase the number of coins (tokens) with an average purchase price of 0 in this way, you will always be in a state of profit even if there is a large volatility. Then, you will be able to conduct transactions more stably. At this time, what you need to pay attention to is the average purchase price provided by the exchange. You should ignore this and conduct transactions based on the purchase price. - Thank you for reading to the end. I hope you have a successful transaction. -------------------------------------------------- - ​​Big picture I used TradingView's INDEX chart to check the entire range of BTC. (BTCUSD 12M chart) Looking at the big picture, it seems that it has been maintaining an upward trend following a pattern since 2015. That is, it is a pattern that maintains a 3-year uptrend and faces a 1-year downtrend. Accordingly, the uptrend is expected to continue until 2025. - (LOG chart) As you can see from the LOG chart, the uptrend is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, we expect that we will not see prices below 44K-48K in the future. - The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015. In other words, it is the Fibonacci ratio of the first wave of the uptrend. The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019. Therefore, this Fibonacci ratio is expected to be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. How to view and respond to this is up to you. When the ATH is updated, there are no support and resistance points, so the Fibonacci ratio can be used appropriately. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous when used as support and resistance. This is because the user must directly select the important selection points required to create Fibonacci. Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous when used for trading strategies. 1st : 44234.54 2nd : 61383.23 3rd : 89126.41 101875.70-106275.10 (Overshooting) 4th : 134018.28 151166.97-157451.83 (Overshooting) 5th : 178910.15 -----------------
by readCrypto
Renewing daily new highs (ATH)... Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (GCL1! 1M chart) GCL1! is renewing daily new highs (ATH). It is not easy to analyze or trade these stocks. Since it is supported and rising near the right Fibonacci ratio point of 1 (2828.6), there is a possibility that it will rise to the Fibonacci ratio range of 1.618 (3395.3) ~ 1.618 (3457.6). However, since it is a state where it is not strange to fall at any time, you should think about a countermeasure for the fall when starting a transaction. - (1D chart) Most chart analysts explain the current chart analysis by substituting issues other than the chart. If you get used to this method, you may find issues other than the chart first without looking at the chart and analyze the chart while being obsessed with your subjective thoughts. If you do that, you may analyze the chart in the wrong direction because you will interpret the chart with your subjective thoughts instead of looking at the chart as it is, so you need to be careful. When analyzing charts, you must first look at the chart and analyze it, and then look for issues other than the chart when you have time. - In order to trade a stock that is renewing its ATH, you should check for support when it shows a downward trend and start. However, since it is renewing its ATH, there is no support or resistance point to check for support. To compensate for this, we use the 5EMA+StErr indicator and the Price Channel indicator. Therefore, when the price falls and touches the 5EMA+StErr indicator or the Price Channel indicator, you can find the trading point depending on whether there is support. - (30m chart) You can trade when it breaks out of the section made up of the Price Channel indicator or the box section made up of the HA-High and HA-Low indicators. Of course, trading is also possible within the box section. At this time, you should be careful that the trend can change when it passes the MS-Signal indicator. When you touch the 5EMA+StErr indicator on the 1D chart, you can check whether there is support and trade. - Thank you for reading to the end. I hope you have a successful trade. --------------------------------------------------
COMEX:GC1!
by readCrypto
Support around 73.25 is the key Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (CL1! 1D chart) The point to watch is whether it can rise above 73.25-74.62. Since the M-Signal indicator and MS-Signal (M-Signal on the 1D chart) indicators on the 1W chart are passing around 73.25, it is expected to be the first resistance zone for the rise. The M-Signal indicator of the 1M chart is passing around 74.62, so it is expected to be the second resistance zone. - If it receives resistance and falls, 1st: 70.64-71.0 2nd: 68.18-68.94 You should check whether there is support near the 1st and 2nd above. - (30m chart) Resistance: M-Signal indicator of 1D, 1W chart Support: 5EMA+StErr indicator of 1D chart (71.78) - Thank you for reading to the end. I hope you have a successful trade. --------------------------------------------------
NYMEX:CL1!
by readCrypto
The key is whether the price can be maintained above 202.45 Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- (SOLUSDT 1M chart) In order to turn into a downtrend, it is expected to start by falling below 147.74. Since the BW(100) indicator was formed at 231.77, the point to watch is whether it can rise above this point. - (1W chart) The key is whether it can receive support near 202.45. - (1D chart) The key is whether it can receive support near 194.46, the HA-Low indicator point, and rise above 202.45. - The charts that do not display support and resistance points and the charts that do are displayed are displayed separately for each time frame chart. The basic chart for trading is the 1D chart. Therefore, if you want to trade by looking at charts below 1D charts, it is recommended to mark at least the support and resistance points of the 1D chart. As traders, the reason we analyze charts is to trade. Therefore, chart analysis is to select key support and resistance points. Therefore, you must select key support and resistance points in any way. - Thank you for reading to the end. I hope you have a successful trade. -------------------------------------------------- - ​​Big picture I used TradingView's INDEX chart to check the entire range of BTC. (BTCUSD 12M chart) Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015. In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend. Accordingly, it is expected that the upward trend will continue until 2025. - (LOG chart) Looking at the LOG chart, you can see that the upward trend is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, we expect that we will not see prices below 44K-48K in the future. - The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015. In other words, it is the Fibonacci ratio of the first wave of the uptrend. The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019. Therefore, it is expected that this Fibonacci ratio will be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. How to view and respond to this is up to you. When the ATH is updated, there are no support and resistance points, so the Fibonacci ratio can be used appropriately. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous when used as support and resistance. This is because the user must directly select the important selection points required to create Fibonacci. Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous when used for trading strategies. 1st : 44234.54 2nd : 61383.23 3rd : 89126.41 101875.70-106275.10 (Overshooting) 4th : 134018.28 151166.97-157451.83 (Overshooting) 5th : 178910.15 -----------------
by readCrypto
The key is whether the price can be maintained above 5.7948 Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (OMUSDT 1M chart) The chart was broken by a sharp rise. The point to watch is whether the BW(100) indicator or HA-High indicator is formed on the 1M chart. - (1D chart) It formed an important support and resistance zone by moving sideways in the Fibonacci ratio range of 0(3.1730) ~ 0.382(4.4436). Therefore, if it falls below this range, I think it would be better to stop trading and wait and see. - The high boundary zone is formed in the 4.8752-5.3288 range. Accordingly, if it falls without support near 5.7948, the key is whether it will be supported near 4.8752-5.3288. - The strong support zone is near 3.7312. - Thank you for reading to the end. I hope you have a successful trade. -------------------------------------------------- - ​​Big picture I used TradingView's INDEX chart to check the entire range of BTC. (BTCUSD 12M chart) Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015. That is, it is a pattern that maintains a 3-year uptrend and faces a 1-year downtrend. Accordingly, the uptrend is expected to continue until 2025. - (LOG chart) As you can see from the LOG chart, the uptrend is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, we expect that we will not see prices below 44K-48K in the future. - The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015. In other words, it is the Fibonacci ratio of the first wave of the uptrend. The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019. Therefore, this Fibonacci ratio is expected to be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. How to view and respond to this is up to you. When the ATH is updated, there are no support and resistance points, so the Fibonacci ratio can be used appropriately. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous when used as support and resistance. This is because the user must directly select the important selection points required to create Fibonacci. Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous when used for trading strategies. 1st : 44234.54 2nd : 61383.23 3rd : 89126.41 101875.70-106275.10 (Overshooting) 4th : 134018.28 151166.97-157451.83 (Overshooting) 5th : 178910.15 -----------------
by readCrypto
Support around 1.3814 is the key Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (ONDOUSDT.P 1D chart) This volatility period is expected to continue from February 7th to 9th. It has touched the Fibonacci ratio range of 0.236 (0.8416) ~ 0.382 (1.0298) and is rising. Currently, the key is whether it can be supported near the MS-Signal (M-Signal on the 1D chart) indicator, near 1.3814. If it is supported, it is expected to rise above the BW (100) indicator point of 1.4869. - If it is supported near 1.1255-1.2715, it is a time to buy. If it falls below this range, you should check for support near 0.9274. - (1M chart) The chart has not been created for long, so the indicator has not been formed yet. However, if it is supported and rises around 0.5(1.1818) ~ 0.618(1.339) in terms of Fibonacci ratio, 1st: 1(1.8263) 2nd: 1.618(2.6228) 3rd: 1.902(2.9889) ~ 2(3.1152) You should respond depending on whether there is support around the 1st-3rd above. - Thank you for reading to the end. I hope you have a successful trade. -------------------------------------------------- - ​​Big picture I used TradingView's INDEX chart to check the entire range of BTC. (BTCUSD 12M chart) Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015. That is, it is a pattern that maintains a 3-year uptrend and faces a 1-year downtrend. Accordingly, the uptrend is expected to continue until 2025. - (LOG chart) As you can see from the LOG chart, the uptrend is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, we expect that we will not see prices below 44K-48K in the future. - The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015. In other words, it is the Fibonacci ratio of the first wave of the uptrend. The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019. Therefore, this Fibonacci ratio is expected to be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. How to view and respond to this is up to you. When the ATH is updated, there are no support and resistance points, so the Fibonacci ratio can be used appropriately. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous when used as support and resistance. This is because the user must directly select the important selection points required to create Fibonacci. Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous when used for trading strategies. 1st : 44234.54 2nd : 61383.23 3rd : 89126.41 101875.70-106275.10 (Overshooting) 4th : 134018.28 151166.97-157451.83 (Overshooting) 5th : 178910.15 -----------------
by readCrypto