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Never HODL at the highest point even if the profit is small Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- I used TradingView's INDEX chart to see the overall flow of BTC. ----------------------------------------- Let's take a look at the section that showed a big movement. (1M chart) - 13888.32 - 57789.06 - 71320.68 The three points above are where the BW(100) line was created. The fact that the BW(100) line was created means that a high point section has been formed, so there is a high possibility of a decline. Therefore, based on the previous two experiences and looking at the current movement, we can see how important the 71320.68 point is as a support and resistance point. Therefore, we should sell when it falls below 71320.68 in order not to HODL in the high range. In the big picture, the stop loss point has been confirmed. - (1W chart) From the 1W chart, we can see that the 68376.06 point is an important stop loss point. Therefore, we should decide to sell depending on whether there is support in the 68376.06-71320.68 range. - If the BW(0) line is created after the price falls, then it is a strong buying period. Therefore, we should check whether there is support and see if we can buy. The reason is that after buying at the 37929.90 point, there is a possibility that it will fail to rise above the MS-Signal indicator and continue to decline. Therefore, you should not forget that you need to cut your loss when it falls below 37929.90 after buying. If you have a lot of cash left after distributing your investment weight well, you can buy more when the next BW(0) line is created to lower the average purchase price. However, since it is a 1W chart, such a transaction is not easy, so I think it is better to buy again after cutting your loss. - (1D chart) Since BW(0) and BW(100) lines are often created on the 1D chart, it is recommended to use the BW(0) and BW(100) lines created at the current price position for trading. As mentioned earlier or in the chart, you can see that the BW(100) and BW(0) lines appear after the arrows are created, and there is a decline and rise. Therefore, since the arrows are created near the current price, you can see that the BW(100) line is likely to be created soon. Therefore, if you are trying to make a new purchase now, I think it would be better to lower the investment ratio or not to make a transaction at all. In any case, when the BW(100) line is created, you have to stop the transaction in progress or sell some of it. - It is not much, but I think it can be a good reference for trading. If you look at the StErr Line, HA-High, HA-Low, BW(0), and BW(50) indicators together to make this judgment, I think it will be a great help in your trading strategy. Since these indicators can be used on all time frame charts, I think they can help you get an eye for selecting support and resistance points. If you use too many indicators, you can trade incorrectly. Therefore, you should think about how to use the indicators, which indicators to apply to which trading strategy, and think about how to use them accordingly. I hope that this time, you will trade without HODLing at the high point. - Have a good time. Thank you. --------------------------------------------------
INDEX:BTCUSD
by readCrypto
8
Start of a full-scale uptrend: Expected to rise above 0.11087 Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a good day today. ------------------------------------- (XLMUSDT.P 1M chart) A volume profile section has been formed across the 0.09250-0.09704 section. Accordingly, the point of observation is whether it can receive support near 0.09250-0.09704 and rise above 0.11753. - (1W chart) Since the M-Signal indicator of the 1W chart is passing around 0.09704, if the price is maintained above 0.09704, I think it is highly likely that it will attempt to break through the M-Signal indicator of the 1M chart upward. Accordingly, the key is whether it can rise to around 0.11087 and maintain the price. If it rises above the M-Signal indicator of the 1M chart and maintains the price, a full-scale uptrend is expected to begin. - (1D chart) If the price is maintained above 0.09704, it seems that the M-Signal of the 1D chart will change to > M-Signal of the 1W chart. Therefore, it seems likely to gain strength in the uptrend. However, as I mentioned earlier, since the M-Signal indicator on the 1M chart must rise above the level for the full-scale uptrend to begin, the key is whether the price can be maintained by rising above the M-Signal indicator on the 1M chart. Since it has broken through the upper part of the linear regression channel, we need to check whether it can be supported near 0.10333. If not, we need to check whether it can be supported near 0.09704. - Therefore, I think we can trade depending on whether it is supported near 0.10171-0.10333. (1h chart) Since it is expected to cross the 5EMA on the 1D chart soon, we need to check which support and resistance points it is located at and whether we can trade. - Have a nice time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that the real uptrend will start after rising above 29K. The area expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 134018.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are the points where resistance is likely to be encountered in the future. We need to see if we can break through these points. We need to see the movement when we touch this section because I think we can create a new trend in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start by creating a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
Must reserve order at Stop Loss point when trading Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (USDT.D 1M chart) I think the conditions for an uptrend have been met as USDT dominance has fallen below 4.97. (BTC.D 1M chart) However, it seems that it still takes time for the altcoin uptrend to start. Well, many altcoins are rising now, but there are only a few altcoins that are showing a full-fledged uptrend, so they have recorded a lot of declines. I think that for the altcoin bull market to start, BTC dominance needs to fall below 55.01 and maintain or show a downward trend. If not, altcoins may gradually move sideways or show a strange bull market where only BTC rises, so caution is required. --------------------------------------------- (BTCUSDT 1D chart) When the ATH is renewed, the target point is 1st: 1.618 (76787.43) 2nd: 1.618 (89050.0) I think it is around the 1st and 2nd points above. If the price rises above 1.618 (76787.43) and maintains, there are several points that need to be passed to rise to the 1.618 (89050.0) point. Therefore, when there is a jolt in that area, you should focus on finding the right time to trade by considering whether you can make a split trade or a new entry, and referring to the method explained below. The point where the current upward trend is likely to turn into a downward trend is the 72344.74 point. If the BW(100) line is created this time, I will report the price at that time and tell you again. - Since the ATH has been renewed, it can be seen that it has become more difficult to trade newly. Well, you can think that a market has been formed where you can make a profit by buying and waiting, but it is also a market where it is not strange for it to fall at any time. When trading in this market, you must set a stop loss point. Otherwise, you may end up in a situation where everyone is making a profit but you are the only one suffering a loss. Therefore, let's take some time to talk about how to start trading and how to set a stop loss point. - Since the current ATH is being updated, the support and resistance points drawn on the 1M, 1W, and 1D charts are almost unnecessary. For most altcoins, you can select a trading point and respond by referring to the support and resistance points drawn on the 1M, 1W, and 1D charts. (1h chart) Therefore, to start trading, you can start trading on the time frame chart below the 1D chart, that is, the chart that you mainly look at and trade. Even so, as I always say, the basic chart for trading is the 1D chart, so you must check the trend or support and resistance points on the 1D chart before starting trading. The most important things to look at when starting trading are the 5EMA on the 1D chart and the M-Signal indicator on the 1M, 1W, and 1D charts. This is because there is a high possibility of volatility depending on whether these indicators are touched and the support and resistance points around them are supported. At the current price position, the support and resistance points drawn on the 1D chart are 75571.99 points. Therefore, you should prepare to trade based on whether there is support or not based on the 75571.99 point. Since it is in an upward trend on the 1D chart, it is better to focus on finding the time to buy (LONG). - Accordingly, if you have confirmed that it is supported near 75571.99 and are thinking of buying, you should think about where to set the first stop loss point. You can select the first and second points among the various support and resistance points drawn on the chart as the first stop loss point. If you do that, you can see that the profit and loss ratio is not right. Since the loss is this large, it is important to adjust the investment ratio when starting a trade. That is why you should be more careful when finding the time to buy. In other words, it should be considered that it is a more advantageous time to conduct a breakout trade. (For altcoins that do not update the ATH, it is recommended to conduct a transaction depending on whether there is support.) Therefore, it means that it is better to proceed with a purchase when the 75571.99 point is broken upward from the bottom and receives support and rises. If the purchase is successful in that way, when the price rises and touches the 3rd point, change the stop loss point by changing the stop loss point to the 1st point or the 75571.99 point and proceed with the transaction. If you do this, there may be cases where you are sold due to sudden volatility, but it is still recommended to conduct the transaction while setting the stop loss point. This is because in the past, in 1919 and 2021, when both cases turned downward, you should not fall into a situation where you cannot do anything because you bought it as it was. - If the support and resistance points drawn on the 1M, 1W, and 1D charts are located at a point where there are no support or resistance points at all, you should trade by looking at the movements of the indicators on the time frame chart you are currently viewing (in this case, the 1h chart). To do this, you should check the positions of the 5EMA on the 1D chart and the M-Signal indicators on the 1M, 1W, and 1D charts that I mentioned earlier. Since there are no 5EMA on the 1D chart and M-Signal indicators on the 1M, 1W, and 1D charts at the current price position, the next indicators to look at are the BW(100), HA-HIgh indicator and the BW(0), HA-Low indicator. Since the BW(100) and HA-High indicators were created, it means that a high point section has been formed, so you should think that there is a high possibility of a decline. Therefore, you should buy when it falls and then breaks through the BW(100), HA-High indicators upward to show support. Therefore, in order to conduct a SHORT transaction, you can start trading depending on whether the BW(100) and HA-High indicators are generated and whether there is support. - The fact that the BW(0) and HA-Low indicators are generated means that a low point range has been formed. Therefore, when the BW(0) and HA-Low indicators are generated, you should quickly decide whether you can start trading, thinking that there is a high possibility of an increase. At this time, it is good to check the movement of the StochRSI indicator as reference material. Although it sometimes moves in the opposite direction of the price movement, if it shows a pattern of escaping from the overbought or oversold range, it can be used as a good reference material. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that a full-scale upward trend will begin when it rises above 29K. The range expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 134018.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
How I Rode the Gold Trend Using Multi-Timeframe AnalysisHey Traders! 📈 I want to share an analysis of a recent opportunity on Gold that came up, focusing on using multi-timeframe analysis to spot a reaccumulation pattern. Market Context: On the daily timeframe, Gold was showing a retracement. By zooming into the 1H timeframe, I identified what seemed like a reaccumulation (REACC) model—giving a potential entry point to go long in this trending market. The Entry Setup: On the 1H TF, after a retrace, the price continued the uptrend with strong structure, confirming a breakout. I entered long, aligning with the market trend and using a trailing stop to manage the position and capture potential further upside. Floating PnL: Right now, the trade is floating around 12RR and still trailing! This is a great example of how multi-timeframe analysis can help uncover high-probability setups. This educational breakdown is meant to help others see the power of combining market structure and risk management to stay in profitable trades. Hope this helps you spot similar setups in the future! 🚀 Leave a comment if you surfed with this trend too!
FOREXCOM:XAUUSDLong
by TraderOuss_LumaNex
What you need to start a new trade 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) For those who bought below 70148.34, it would be good to set the 72344.74 point as the stop loss point and respond. If the rise continues, 1st: Left Fibonacci ratio 1.618 (76787.43) 2nd: Left Fibonacci ratio 2 (80999.68) 3rd: Left 2.618 (87814.27) ~ Right 1.618 (89050.0) You can respond depending on whether there is support in the area above. ------------------------------------- In order to proceed with a new transaction, it is recommended to check the position of the StochRSI indicator when a new candle is created. This is because you can focus on finding a time to buy when the StochRSI indicator is below 50, but you should focus on finding a time to sell when it is above 50. Based on the current price increase, it is expected that it will not be easy to proceed with a purchase because the StochRSI indicator is expected to rise above 50. Accordingly, I think you should conduct the transaction from a short-term trading (day trading) perspective. The difference between day trading and short-term trading depends on the response method. In other words, day trading means conducting transactions within a period that does not exceed the day if possible. If you want to exceed the day, you must secure a certain amount of profit through partial sales, and you must set a reservation sale at the stop loss point. (1h chart) To conduct day trading, check the movement of the 1h chart. (You can use the time frame chart that you usually see and trade.) Since the BW(100) and HA-High indicators are created, it means that a high point has been formed, so when it is first created, the price is likely to fall from that point. Therefore, you can conduct a transaction when the price rises after falling and shows support. If it rises after falling and shows resistance in the BW(100) and HA-High indicators, you should judge that it is likely to fall. At this time, it is a good idea to check the movement of the StochRSI indicator. The BW(100) line has been created, and the StochRSI indicator is showing signs of turning from an overbought zone to a decline. Accordingly, even if the price rises, it can be interpreted that there is a high possibility that it will face resistance near BW(100) and fall. Although there is a possibility that it will occasionally lead to a sharp rise, I think it is better to interpret it in a direction with a higher probability and respond accordingly. Therefore, it is currently a time when it is burdensome to proceed with a purchase. - Since the reporting high (ATH) has been updated, support and resistance points can be displayed on the 1M, 1W, and 1D charts. Therefore, it is not easy to select a point to use as a reference point when trading. However, as I have mentioned before, you should select the 5EMA of the 1D chart and the M-Signal indicator of the 1D, 1W, 1M charts and the BW(0), BW(100), HA-Low, HA-High indicators as support and resistance points and decide the trading time based on whether there is support. As I mentioned earlier, you should respond based on where the StochRSI indicator of the 1D chart is located based on the 50 point, so you should select the position to start trading on the 1h chart accordingly. Since you start trading only with a buy in spot trading, you should think about it and trade accordingly. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that a full-scale uptrend will start when it rises above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 134018.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
Top Resistance Points in XAUUSDOur XAUUSD market analysis highlights a key sell level at 2750-2756, with an extreme sell zone around 2772-2776, where we expect significant selling pressure to develop. These levels are critical for those looking to capitalize on potential resistance in XAUUSD. On the buy side, our support area is set at 2702-2698 , suggesting a buy opportunity if the price revisits this range. However, given today's emphasis on the sell zones, these levels may see stronger market activity. Keep an eye out for any major USD news today, as it could impact these levels. If this analysis adds value to your trading strategy, a boost would be greatly appreciated—it’s always motivating to know my insights are valuable!
FOREXCOM:XAUUSDShort
by bluechipfx
Next Volatility Period: Around November 10 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) The first major volatility period ends around November 16. Accordingly, the key is whether it can rise after receiving support near 68393.48-70148.34 among the important support and resistance areas of 68393.48-71280.01. Therefore, when support is confirmed in the 68393.48-70148.34 area, it is the time to buy. - You can see that the decline is strong because the StochRSI indicator is currently in the oversold zone. However, we need to focus on finding the right time to buy depending on whether there is support at important support and resistance points. - If it rises above 70148.34, 1st: 71280.01 2nd: 72344.74 3rd: New ATH You can respond depending on whether there is support in the area above. If it falls below 68393.48, you need to check whether there is support in the area around 65920.71. - The next volatility period is around November 10 (November 9-11). It is recommended not to start trading during the volatility period. The reason is that the possibility of volatility is high, so the possibility of loss is higher than usual. Therefore, unless you are scalping or day trading, it is better to start trading by checking the movement at the end of the volatility period and referring to where it is. ------------------------------------------------ If you think about factors other than the chart and think about responses in advance and create a trading strategy, the risk is high. Therefore, it is important to create a trading strategy based on the movement of the chart without referring to issues or articles other than the chart before trading. If you come across issues or articles other than charts before making a trading strategy, you may make a wrong trading strategy due to your subjective thoughts. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that a full-scale uptrend will start when it rises above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 134018.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
KLAY -> KAIA New Start!!! Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- Since the chart was created not long ago, the role of support and resistance points may be weak, so please use it only as a reference. Changed from KLAY to KAIA. As it is a new start, the key is whether it can attract investors' attention. - (KAIAUSDT 1h chart) The point of interest is whether it can receive support in the 0.1143-0.1169 range and rise above 0.1232. If it is supported near 0.1232 and goes up, 1st: 0.1307 2nd: 0.1447 You should check whether it is supported near the 1st and 2nd above. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that a full-scale uptrend will start when it rises above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 134018.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
1
November Trading Competition Chart Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost". Have a nice day today. ------------------------------------- (SPX500USD 1D chart) In order to maintain the uptrend, it must rise above 5738.2 and be maintained. Since the StochRSI indicator is currently expected to create a double bottom, if the StochRSI indicator rises in the oversold zone, it is highly likely to create a large uptrend. Accordingly, I think the 5738.2 point is a very important support and resistance point. - (XAUUSD 1D chart) BW(100) indicator is created at 2748.960, and HA-High indicator is created at 2734.472. Accordingly, the point of observation is whether it can receive support and rise around 2734.472-2748.960. - The fact that BW(100), HA-High indicators are created means that a high point section has been formed. Therefore, if it receives resistance from BW(100), HA-High indicators and falls, you should basically think that the decline is likely to continue until it meets BW(0), HA-Low indicators and respond accordingly. Therefore, whether there is support around 2734.472-2748.960 is important. - Since the StochRSI indicator appears to have entered the oversold zone, we need to check where it is located when it rises in the oversold zone and maintains the state of StochRSI > StochRSI EMA. - (XAGUSD 1D chart) The chart can be seen as already in the process of decline. However, since it is maintaining an upward channel, we need to keep in mind the possibility of creating a pull back pattern. Accordingly, the area around 3188144 is expected to be an important support and resistance zone. The HA-High indicator is created at the 32.99790 point, and the BW(100) indicator is created at the 34.86 point. Accordingly, there is a possibility that it will be restricted from breaking through the 3299790-34.86 zone upward. - (EURUSD 1D chart) I think the 1.08821 point is a very important section in the trend. I think it is likely to have difficulty turning into an upward trend until it rises above the M-Signal indicator on the 1W chart. Therefore, I think it would be advantageous to proceed with a trade after confirming support near 1.08821. - (WTICOUSD 1D chart) The oil chart is in a reverse arrangement. Accordingly, I think it would be advantageous to trade with a sell (SHORT) position. It is currently rising above 71.6167 and rising above the M-Signal indicator on the 1D chart. In order to maintain this rise, it needs to be maintained around 71.955. - HA-Low, HA-High indicators are indicators created to trade using the Heikin-Ashi chart. The fact that the HA-Low indicator was created means that a low point range has been formed. Therefore, if it is supported near HA-Low and rises, you should basically think of a response plan by thinking that it will continue to rise until it meets the HA-High indicator. The HA-Low or HA-HIgh indicators are designed to display box ranges differently from other indicators. Therefore, in order to escape the low point range formed by the HA-Low indicator, it must rise above the upper point of the HA-Low indicator box. Therefore, it can be said that it has escaped the low point range if it rises and is maintained above the Fibonacci ratio of 0.618 (72.606). - StochRSI indicator is not a universal indicator, but basically - When the StochRSI indicator is above the 50 point, you should focus on finding a time to sell, - When it is below the 50 point, you should focus on finding a time to buy. From that perspective, I think the current rise is more likely to be a rebound rather than a rise. - (BTCUSD 1D chart) The important support and resistance areas from the current price position are as follows: - 71288.90-72322.91 - 68343.64-69795.79 - 65910.71 The three areas above are important support and resistance areas. - As explained on the oil chart, since the StochRSI indicator is below the 50 point, you should focus on finding a time to buy. Therefore, if you are trading for the first time, you can trade depending on whether there is support near 68343.64. However, since the current trend is an upward trend, if you trade with a sell (SHORT) position, you need to respond quickly and briefly. - (ETHUSD 1D chart) ETH is currently moving sideways in the box section. Therefore, the trend is expected to be determined depending on which direction it deviates from the 2272.88-2707.12 section. Therefore, you should think about trading within the box section and create a response plan. Then, when it deviates from the box section, you should switch to a trading strategy to eat the trend. - Have a good time. Thank you. --------------------------------------------------
OANDA:SPX500USD
by readCrypto
Check support near 68393.48 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) The key is whether it can quickly rise to the 68393.48 area. The next important support and resistance point is the 65920.71 point. Therefore, if it continues to fall, we need to check support near 65920.71. This volatility period is until November 5th, and the next volatility period is around November 10th (November 9th-11th). - BW indicator is an indicator that comprehensively evaluates MACD, StochRSI, OBV, and ATR indicators. Currently, the BW indicator has touched the 50 point. Therefore, when the BW(50) point is created, you can conduct an aggressive transaction depending on whether there is support near it. - StochRSI indicator has completely entered the oversold zone. In addition, StochRSI EMA appears to have fallen below the 50 point zone. Accordingly, you need to check where the StochRSI indicator is located when it rises in the oversold zone and maintains the state of StochRSI > StochRSI EMA. - In order to complete the pull back pattern, the uptrend must be maintained. Therefore, the uptrend of the linear regression channel must be maintained. To do so, you can see that the price must be maintained around 65920.71 or higher. - To summarize the above, in order to maintain and continue the uptrend, the price must be maintained above 68393.48. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture The real uptrend is expected to start after rising above 29K. The expected range to touch in the next bull market is 81K-95K. #BTCUSD 12M 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 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
The point to watch is whether it can rise to around 2555.69 Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (ETHUSDT 1D chart) I told you that in order to get out of the current box range (2273.58-2706.15), the price should be maintained above 2419.83. However, it is currently touching around 2419.83 and rising. Accordingly, I think the upward momentum may be weak. Therefore, I think it is better to wait until we see support near 2555.69. Currently, the M-Signal indicator on the 1M chart has fallen below 2666.70 and is passing around 2555.69. Accordingly, I think it is not too late to buy after confirming that the price is maintained above the M-Signal indicator on the 1M chart. If it rises above the upper point of the box section, 2706.15, I think it is highly likely that it will show a sharp upward trend. Therefore, it is recommended to buy below 2706.15. Once the rise begins, it is expected to rise to around 3265.0-3321.30. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that a full-scale upward trend will begin after rising above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 134018.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
This volatility period is until November 5th Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- When a new candle is created on the 1W chart, I will explain it in an update. --------------------------------------- (BTCUSDT 1M chart) If the BTC price touches around 89K, it is expected that it will never be below 42K again. - As the new month begins, the StochRSI indicator is showing an upward turn. However, since the StochRSI EMA is located around the 50 point, we can see that volatility still remains. The point to watch is whether the price is maintained above the StErr Line and rises above 71280.01 to challenge the ATH. The black line without any numbers indicates the upper or lower point of the box section of the HA-HIgh or HA-Low indicator. The upper or lower point of the box section of the HA-Low and HA-High indicators on the 1M and 1W charts can be used as support and resistance points when trading. - (1D chart) While falling below 68393.48, it is touching the entire MS-Signal indicator and showing an upward trend. Accordingly, it is thought that the possibility of support in the 68393.48-70148.34 section has increased. Therefore, if support is confirmed in the 68393.48-70148.34 section, it is a time to buy. As I mentioned in the previous idea, the pull back pattern is a pattern that can be recognized when it is completed. Therefore, it is quite difficult to buy at the bottom of the pull back pattern. That is why, when the decline begins after the rise, you have no choice but to check the importance of the support and resistance points drawn on the 1M, 1W, and 1D charts and think about countermeasures for them before preemptively trading. Therefore, since the probability of failure is quite high, you must think about a loss cut or selling method before trading. If you buy in the 68393.48-70148.34 section and it rises above 70148.34, 1st: 71280.01-72344.74 2nd: 73620.12 You must check for support near the 1st and 2nd above and respond. - This volatility period is expected to start around November 4th and end around November 16th. Accordingly, we need to keep an eye on the movements around November 4th (November 3rd-5th), November 10th (November 9th-11th), and November 16th (November 15th-17th). In order to rise along the linear regression channel, the price needs to rise above 70148.34 to maintain its position, so whether it can find support and rise in the 68393.48-70148.34 range is key. ---------------------------------------------------- We choose the time frame chart to trade according to our investment style and trade according to the movement of that chart. Accordingly, we will look at the time frame chart to trade most of the time. Also, since most trading charts are likely to be below 1D charts, there is a high possibility that you will trade without understanding the overall flow. Therefore, before starting a trade, you must check and understand the flow of the 1D chart and then trade. Otherwise, you may trade incorrectly due to fakes or sweeps when trading on time frame charts below 1D charts. - Add the StochRSI indicator to the 1D chart. Set the StochRSI indicator as shown in the picture above. Then, you can check the movement similar to the StochRSI indicator that I use. (The best way is to share my chart and paste the indicator into your chart.) Then, if the StochRSI indicator is rising based on the 50 point, - you should focus on finding the time to sell, - if it is falling, you should focus on finding the time to buy. Depending on the location of the StochRSI indicator, volatility may occur. 1. When falling in the overbought zone 2. When located in the 50 point zone 3. When rising in the oversold zone When the above three movements occur, the price may show volatility. If this volatility occurs at a time, you should check the movement of the 1D chart to avoid being caught in a fake or a sweep. - The trend-based Fibonacci extension shown on the left was drawn at the point where this rise began. Therefore, you can use it only as a reference for chart analysis. - It doesn't matter which time frame chart you start trading on. However, you can create a trading strategy that matches the investment period, investment size, trading method, and profit realization method according to the time frame chart and respond accordingly. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that the real uptrend will start after rising above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 134018.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are the points where resistance is likely to be encountered in the future. We need to see if we can break through these points. We need to see the movement when we touch this section because I think we can create a new trend in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start by creating a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
1
Pull back is a pattern that can be recognized after it is formed Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- (BTCUSDT 1D chart) The HA-High indicator is showing signs of being created at the 69843.04 point. Accordingly, the point of observation is whether it can receive support and rise near the 69843.04-70148.34 section. We need to check whether the StochRSI indicator falls below 50 due to this decline. When the price is supported in the 68393.48-70148.34 range, if the StochRSI indicator remains below 50 and StochRSI > StochRSI EMA, it is a time to buy. Basically, if the StochRSI indicator is above 50, it is better to focus on finding a time to sell, and if it is below 50, it is better to focus on finding a time to buy. In particular, you should focus more when it is in the overbought and oversold ranges. - The MS-Signal indicator consists of M-Signal and S-Signal. Since S-Signal is currently in the 66668.65-68393.48 range, it is possible to touch this range and rise, so caution is required when trading. Therefore, it is better to check the movement when the state of M-Signal < S-Signal is changed. --------------------------------------------------------- (BTCUSDT.P 1D chart) If it falls below 68447.9, liquidation is required for positions purchased (LONG) below 67044.1. In other words, if the first installment liquidation was performed above 69835.3, the second installment liquidation is required around 68447.9. Then, when it shows support in the 68447.9-69835.3 range and the StochRSI indicator is below 50 and StochRSI > StochRSI EMA, you can make an additional purchase (LONG). It is recommended that this additional purchase (LONG) be made below 69835.3. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that the real uptrend will start after rising above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 134018.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are the points where resistance is likely to be encountered in the future. We need to see if we can break through these points. We need to see the movement when we touch this section because I think we can create a new trend in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start by creating a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
1
The point of interest is whether it can create a pull back (Title) The point of interest is whether it can create a pull back pattern -------------------------------------- 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) With this decline, the BW (100) line was created at the 72344.74 point. Therefore, the key is whether it can rise above 72344.74. - The price is passing the StErr Line around 71280.01, and the M-Signal indicator on the 1D chart is passing around 68393.48. Therefore, if it is supported and rises between the M-Signal and StErr Line on the 1D chart, a short-term pullback will form. If not, and it falls below the M-Signal indicator on the 1D chart, it is highly likely that it will show a short-term downtrend. For this reason, as I mentioned yesterday, if it is supported between the M-Signal and 70148.34 on the 1D chart, it is time to buy more. However, in order to buy more like this, a split sale must have been made before. - If not, and you need to buy new, 1. When it is supported around 67414.39-68393.48, 2. When it breaks through 72344.74, there are two methods above. The prerequisite for buying new is that the StochRSI indicator is below 50 and shows an upward trend. If not, and the StochRSI indicator is above 50 or showing a downward trend, it is better not to buy. ---------------------------- (1h chart) The linear regression channel indicator has set the length to 50, so the channel moves over time. The channel is showing a change from an uptrend to a downtrend. - Back to the main story, the point of observation is whether the price can be maintained by rising above the 5EMA of the 1D chart and whether it can rise above the middle line of the channel. If it fails to rise, volatility is expected to occur while touching the M-Signal indicator of the 1D chart. Accordingly, as I mentioned on the 1D chart, we can see that the points 68393.48, 70148.34, and 71280.01 are important support and resistance points. - If you bought below 68393.48, you can see that the area around 68393.48 is the last selling point. - If the StochRSI indicator is above 50, it is better to find a time to sell, and if the StochRSI indicator is below 50, it is better to find a time to buy. However, this is only when you are trying to make a new trade. - I am currently holding a long position. And, since I thought it would create a pull back pattern and rise, I gave you an example of additional buying in the idea yesterday. So, I didn't mention SHORT this time. I think this SHORT position is likely to end sooner than expected. USDC is volatile, so it can show a gap down at any time. However, since USDT is continuously showing a gap uptrend, it can be seen that the coin market is likely to continue its upward trend. And, because BTC dominance is on the rise. The rise in BTC dominance also means that funds are concentrated on BTC. Therefore, when BTC dominance is on the rise, it can be seen that it is more advantageous to trade BTC than altcoins. If USDT dominance falls below 4.97 and is maintained or shows a downward trend, I think the coin market is likely to start an uptrend. In order for this uptrend to lead to an altcoin uptrend, BTC dominance must fall below 55.01 and be maintained or show a downward trend. If not, there is a possibility that it will become a strange uptrend where only BTC rises, so be careful when trading altcoins. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that a full-scale uptrend will begin after rising above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 134018.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
1
For altcoins to follow the rise of BTC, ETH needs to rise Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- (BTC.D 1M chart) In order for altcoins to show an upward trend, BTC dominance must be in a downward trend. Otherwise, altcoins are likely to fail to follow the movement of BTC and gradually move sideways or show a downward trend. You should not judge the market movement solely based on the rise or fall of BTC dominance. At least you should look at it together with the USDT dominance chart. You can tell to some extent whether the coin market price is rising or falling by looking at whether USDT dominance is falling or rising. To summarize the above, - BTC dominance rises: Funds are concentrated toward BTC - BTC dominance falls: Funds are concentrated toward altcoins - USDT dominance rises: Coin market is likely to show a downward trend - USDT dominance falls: Coin market is likely to show an upward trend -------------------------------------------- (ETHUSDT 1D chart) In any case, ETH is the coin with the largest market cap among non-BTC coins. Therefore, it is likely that BTC dominance will show a downward trend only when ETH starts to rise. - Currently, ETH is stuck in the box range (2273.58-2706.15). The M-Signal indicator on the 1M, 1W chart is showing a convergence as it passes near the 2666.70-2706.15 section. Therefore, if the price rises above the 2666.70-2706.15 section and maintains, ETH is expected to form an upward trend. Therefore, whether it can break through the 2666.70-2706.15 section upward is the key. - If the price maintains above 2706.15, it is expected to rise to around 3265.0-3321.30 and determine the trend again. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that the real uptrend will start after rising above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 134018.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are the points where resistance is likely to be encountered in the future. We need to see if we can break through these points. We need to see the movement when we touch this section because I think we can create a new trend in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start by creating a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
1
Volatility period starts around November 4th (Title) Volatility period starts around November 4th (example of additional purchase) ----------------------- Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- The BW indicator is an indicator that comprehensively evaluates the MACD, StochRSI, OBV, and ATX indicators. The BW (0) indicator is an indicator that appears when the BW indicator touches the 0 point and rises. Therefore, it indicates the point where the rise begins, that is, the low point section. The BW (100) indicator is an indicator that appears when the BW indicator touches the 100 point and falls. Therefore, it indicates the point where the decline begins, that is, the high point section. ------------------------------------------- (BTCUSDT 1D chart) The BW indicator value touched the 100 point and an arrow was displayed. When a new candle is created, it is necessary to check whether the arrow remains the same. The fact that the BW indicator touched the 100 point means that the upward strength is strong. Therefore, it can be interpreted that there is a high possibility that it will lead to an additional increase. However, when the BW (100) line is created, it can be said that it means that the possibility of a decline has begun to increase. Therefore, it means that the possibility of a pull back or decline has begun to increase. - The point of interest is whether it will show a renewal of the ATH by touching the current highest price of 73777.0 or higher, or whether it will continue to decline. There is a saying that the coin market is a trend-following market. It can be said that this is a market with a strong tendency to follow a trend that has been formed. Therefore, when a new candle is created, it is necessary to check the movement of the StochRSI and StochRSI EMA indicators. Since the StochRSI EMA indicator is currently located in the middle section, it is necessary to check how much it rises when a new candle is created and the change in the slope of the StochRSI indicator. - If it progresses downward, the area around 70148.34 is expected to be an important support and resistance area. The reason is that it is near the upper point of the box of the HA-High indicator on the 1M chart. In addition, the StErr Line is passing through the 70148.34-71280.01 section, confirming that it is an important point. - If you bought below 67414.39, it is recommended to sell and wait for the situation to be confirmed when resistance is confirmed in the 68393.48-69031.99 range. You should have sold in installments around 71280.01 or 73000.0 before that. - If the average purchase price is below 67414.39 and you sold in installments around 71280.01 or 73000.0, you can buy more when a pull back is confirmed. However, the additional purchase should not exceed the current holding amount. If you buy more than the holding amount, the average price will rise significantly and you may not be able to hold on or it may turn into a loss. Therefore, when the support is confirmed in the 68393.48-70148.34 section, additional purchases can be made below 70148.34. This additional purchase is possible because the split sale was made. - The next volatility period is expected to start around November 4th. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture The full-scale uptrend is expected to start after rising by more than 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 134018.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
Bitcoin Breaking Higher Highs: What to Watch for NextBitcoin is currently breaking above a recent higher high, signaling potential for continued upward momentum. If it successfully surpasses this level with strong volume, it could indicate that buyers are in control and ready to push prices higher. However, it’s essential to wait for confirmation—this means letting Bitcoin close above the high to avoid a potential false breakout. By waiting for a clean break, traders can enter with more confidence, aligning with the trend and reducing risk. If this higher high holds, it may serve as new support, creating a solid foundation for the next move upward.
Long
by Professor_Noah
1
Additional indicator to be used after the ATH update(StErr Line) Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- (BTCUSDT 1W chart) Since it has not risen above 73777.0, it has not yet updated the ATH. ---------------------------------------- (BTCUSDT 1D chart) If the price maintains above 71280.01, it is expected that there will be an attempt to update the ATH again. From the current price position, it seems that it will have to fall below 67414.39-68393.48 to turn into a short-term downtrend. However, if it falls below 70148.34, I think it is necessary to take preemptive action to split it. - When the ATH is renewed, it is like being in an unknown world, so it is difficult to predict with chart analysis. Therefore, in order to know the movement after the ATH is renewed, you have no choice but to use various indicators or chart tools to predict. For this, the Linear Regression Channel that I mentioned earlier was explained. Today, I will explain the StErr Line indicator, which is newly added to the HA-MS indicator. The StErr Line indicator (Standard Error Line) is the baseline of the indicator that forms a band using the Linear Regression formula. If the price is above the StErr Line indicator, it is likely to continue the upward trend, and if the price is below, it is likely to continue the downward trend. You can use the StErr Line indicator together with the BW (0) and BW (100) indicators to determine the trading point. The BW (0) and BW (100) indicators are generated when the BW indicator in the auxiliary indicator touches and breaks away from the 0 or 100 point. Therefore, it allows you to identify the low or high point range. The Linear Regression Channel or StErr Line indicator is a tool for chart analysis, but if you use it with support and resistance points, you can use it to create a trading strategy. - Have a good time. Thank you. -------------------------------------------------- - The big picture It is expected that the full-scale uptrend will start when it rises above 29K. The next expected range to touch is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 134018.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points that are likely to receive resistance in the future. We need to check if these points can be broken upward. We need to check the movement when this range is touched because it is thought that a new trend can be created in the overshooting range. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
1
The key is whether there is support near 0.15330 Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (DOGEUSDT.P 1W chart) If the price has risen sharply but you have not been able to start trading, it is recommended to check what kind of movement is shown near the support and resistance points and then start trading. Accordingly, it is recommended to check whether there is support near 0.15330. - (1D chart) If it continues to rise like this, it is expected that the StochRSI indicator will rise to around 50 when it rises to the 0.16625-0.18218 range. Accordingly, there is a high possibility of volatility, so I think you can start trading depending on which direction it deviates from the 0.16625-0.18218 range. Since it rose above the upper part of the parallel channel, it is likely to show a tendency to return to the channel over time, so I think it would be good to check for support around 0.15330 and decide whether to start trading. - (1h chart) 1st: Touch the Standard Error line and see what movement it will show, 2nd: Touch around 0.15330 and rise along the channel, 3rd: Touch the 5EMA of the 1D chart and see what movement it will show, I think it's not too late to start trading after checking what it looks like in the 1st-3rd above. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that a full-scale uptrend will start after rising above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 134018.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
2