It seems like the time for day trading has begun
Hello?
Hello traders!
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
-------------------------------------
(BTCUSDT chart)
The most important support and resistance points at this point are those that have maintained support and resistance points to this point.
Therefore, the chart was changed to display only the corresponding points.
Previous support and resistance points can be used as split trading points during trading, so you should always view the chart in full view.
(1M charts)
On the 1M chart, the 28465.36 point is the nearby support and resistance point.
Therefore, if the decline continues, caution is required as support and resistance points are weak.
Since the trend has not yet changed, a reversal is expected unless it enters a downward channel.
(1W chart)
A sideways move around the current point is expected to create a new trend.
If a new trend is created, you need to follow that trend upward and see if you can break the blue trend line upwards.
If the blue trend line is not broken, the trend is expected to eventually turn downward.
(1D chart)
BTC rose around 16590.54, rising by more than 83%, and is now undergoing a correction.
Accordingly, the key is whether it can be supported and rise from its current position, that is, around 26K.
If not, you should check for support around 22K.
The current correction may be viewed as a downtrend, but it will take half a year for it to turn into a true downtrend.
If this rebound does not rise above 28797.1, it is expected to be an opportunity for a downward trend, so caution is needed at that time.
It is currently located in an important support and resistance area.
This important support and resistance area will serve to increase buying momentum.
This shows that the time to take profits is not yet over.
This phenomenon is expected to become stronger as BTC falls towards 22K.
Therefore, I think we have entered a good time to conduct day trading, as prices can surge at any time.
While conducting day trading, you should not even think about converting it into mid- to long-term trading.
The trading period must be short, and a strategy of selling when profits are needed is required.
---------------------------------------
(BTCKRW chart)
The key is whether the price can be maintained by rising above the HA-Low indicator (35557000) on the 1D chart.
If not, you need to check if there is support around 3451000.
If it falls below 3451000, caution is required because the distance to the next support range is long.
--------------------------------------------------
- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
-------------------------------------------------- -------------------------------------------
** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
Hello traders!
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
-------------------------------------
(BTCUSDT chart)
The most important support and resistance points at this point are those that have maintained support and resistance points to this point.
Therefore, the chart was changed to display only the corresponding points.
Previous support and resistance points can be used as split trading points during trading, so you should always view the chart in full view.
(1M charts)
On the 1M chart, the 28465.36 point is the nearby support and resistance point.
Therefore, if the decline continues, caution is required as support and resistance points are weak.
Since the trend has not yet changed, a reversal is expected unless it enters a downward channel.
(1W chart)
A sideways move around the current point is expected to create a new trend.
If a new trend is created, you need to follow that trend upward and see if you can break the blue trend line upwards.
If the blue trend line is not broken, the trend is expected to eventually turn downward.
(1D chart)
BTC rose around 16590.54, rising by more than 83%, and is now undergoing a correction.
Accordingly, the key is whether it can be supported and rise from its current position, that is, around 26K.
If not, you should check for support around 22K.
The current correction may be viewed as a downtrend, but it will take half a year for it to turn into a true downtrend.
If this rebound does not rise above 28797.1, it is expected to be an opportunity for a downward trend, so caution is needed at that time.
It is currently located in an important support and resistance area.
This important support and resistance area will serve to increase buying momentum.
This shows that the time to take profits is not yet over.
This phenomenon is expected to become stronger as BTC falls towards 22K.
Therefore, I think we have entered a good time to conduct day trading, as prices can surge at any time.
While conducting day trading, you should not even think about converting it into mid- to long-term trading.
The trading period must be short, and a strategy of selling when profits are needed is required.
---------------------------------------
(BTCKRW chart)
The key is whether the price can be maintained by rising above the HA-Low indicator (35557000) on the 1D chart.
If not, you need to check if there is support around 3451000.
If it falls below 3451000, caution is required because the distance to the next support range is long.
--------------------------------------------------
- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
-------------------------------------------------- -------------------------------------------
** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
Other content (coins, stocks, etc.) is frequently posted on X.
X에 다른 내용(코인, 주식 등)이 자주 게시됩니다.
X에 다른 내용(코인, 주식 등)이 자주 게시됩니다.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.