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(BTCUSDT 1M chart)
It has entered the 2nd section (56K-61K) again.
The key is whether it can receive support near the 2nd section.
-
(1D chart)
The key is whether it can receive support near 60672.0-61099.25 and rise above 61759.99.
When a new candle is created around 60672.0-61099.25, it is necessary to check whether StochRSI enters the oversold zone.
If it has entered the oversold zone, it seems likely to receive support near 59053.55 and turn upward.
If not, it is likely to continue to decline further.
-
The volatility period is around October 5-10 (maximum October 4-11).
Therefore, the point of observation is whether it falls below 56150.01-56950.56 or rises above 66676.87-68249.88 after passing this volatility period.
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(BTCUSDT.P 1h chart)
As it fell below 5EMA on the 1D chart, HA-Low on the 1h chart was newly created.
However, it is showing a downward trend without being supported by HA-Low.
It is currently below 5EMA and M-Sigal on the 1D chart, and is located near M-Signal on the 1W chart.
Accordingly, based on the 60651.2-61149.5 section,
- Check for support near 5EMA or M-Signal indicator on the 1D chart when rising
- When falling
1st: 59409.3
2nd: 56975.0
Check for support near the 1st and 2nd above
You can create a trading strategy like the above.
If it rises above 61149.5, there is a possibility that HA-Low on the 1h chart will be created again.
At this time, whether HA-Low is supported is important.
-
Currently, the point where the HA-High indicator on the 1D chart was created is 64716.7, so it is expected that the upward trend will continue if it rises above this point.
-
Have a good time.
Thank you.
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- Big picture
It is expected that a full-scale upward trend will begin 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
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Note
#BTCUSDTStochRSI is showing signs of entering the oversold zone.
Therefore, it is necessary to confirm when today's candle closes and a new candle is created.
Also, it is necessary to check whether the StochRSI EMA falls below the midpoint (50).
Usually, when StochRSI enters the oversold zone and rises above the StochRSI EMA, the StochRSI EMA falls below the midpoint (50).
Therefore, even if the current price rises, if the StochRSI EMA does not fall below the midpoint (50), there is a high possibility that it will fall again, so caution is required when trading.
Other content (coins, stocks, etc.) is frequently posted on X.
X에 다른 내용(코인, 주식 등)이 자주 게시됩니다.
◆ t.me/readCryptoChannel
[HA-MS Indicator]
bit.ly/3YxHgvN
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bit.ly/4ibHtMc
X에 다른 내용(코인, 주식 등)이 자주 게시됩니다.
◆ t.me/readCryptoChannel
[HA-MS Indicator]
bit.ly/3YxHgvN
[DMI-OBV Trend]
bit.ly/4ibHtMc
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.
Other content (coins, stocks, etc.) is frequently posted on X.
X에 다른 내용(코인, 주식 등)이 자주 게시됩니다.
◆ t.me/readCryptoChannel
[HA-MS Indicator]
bit.ly/3YxHgvN
[DMI-OBV Trend]
bit.ly/4ibHtMc
X에 다른 내용(코인, 주식 등)이 자주 게시됩니다.
◆ t.me/readCryptoChannel
[HA-MS Indicator]
bit.ly/3YxHgvN
[DMI-OBV Trend]
bit.ly/4ibHtMc
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.